NZ reached World Cup finals in 2015 and 2019, losing to Australia and England. They are regarded as one of the most consistent teams, having made 7 semifinals and 3 finals overall.
NZ also reached semifinals of the 2021 and 2022 T20 World Cups. They are yet to win a World Cup title but have established themselves as a top contender.
So in summary, New Zealand has built a cohesive team under coach Stead that contends consistently in major tournaments, highlighted by the last two World Cup finals.