8-K Announcements
6Material company update
May 6, 2026·SEC
Material company update
May 6, 2026·SEC
Material company update
May 5, 2026·SEC
CF Industries Holdings, Inc.(CF)Earnings, Financials & Key Ratios
CF•NYSE
$119.74
$18.39B mkt cap·13.3× P/E·Price updated May 6, 2026
AboutCF Industries Holdings, Inc. manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium. It primarily serves cooperatives, independent fertilizer distributors, traders, wholesalers, and industrial users. The company was founded in 1946 and is headquartered in Deerfield, Illinois.Show more
- Revenue$7.08B+19.3%
- EBITDA$3.26B+22.2%
- Net Income$1.46B+19.5%
- EPS (Diluted)8.97+33.1%
- Gross Margin38.45%+11.0%
- EBITDA Margin46.06%+2.4%
- Operating Margin33.39%+13.5%
- Net Margin20.54%
- ROE18.94%+24.1%
- ROIC18.71%+34.3%
- Debt/Equity0.51+18.7%
- Interest Coverage15.45-1.7%
CF Key Insights
CF Industries Holdings, Inc. (CF) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 35.6%
- ✓Strong Piotroski F-Score: 8/9
- ✓FCF machine: 25.4% free cash flow margin
- ✓Momentum leader: RS Rating 86 (top 14%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 11.4%
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
CF Price & Volume
CF Industries Holdings, Inc. (CF) stock price & volume — 10-year historical chart
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CF Growth Metrics
CF Industries Holdings, Inc. (CF) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years5.1%
5 Years11.43%
3 Years-14.12%
TTM20.85%
Profit CAGR
10 Years7.59%
5 Years35.63%
3 Years-24.24%
TTM31.59%
EPS CAGR
10 Years11.72%
5 Years43.52%
3 Years-18.2%
TTM46.64%
Return on Capital
10 Years14.31%
5 Years23.47%
3 Years16.6%
Last Year18.3%
CF Recent Earnings
CF Industries Holdings, Inc. (CF) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 9/12 qtrs (75%)
Q1 2026Latest
Feb 18, 2026EPS
$2.99
Est $2.43
+23.0%
Revenue
$1.9B
Est $1.8B
+5.0%
Q4 2025
Nov 5, 2025EPS
$2.19
Est $2.16
+1.4%
Revenue
$1.7B
Est $1.7B
-0.5%
Q3 2025
Aug 6, 2025EPS
$2.37
Est $2.50
-5.2%
Revenue
$1.9B
Est $1.8B
+4.8%
Q2 2025
May 7, 2025EPS
$1.85
Est $1.48
+25.0%
Revenue
$1.7B
Est $1.5B
+7.9%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 18, 2026 | $2.99vs $2.43+23.0% | $1.9Bvs $1.8B+5.0% |
| Q4 2025 | Nov 5, 2025 | $2.19vs $2.16+1.4% | $1.7Bvs $1.7B-0.5% |
| Q3 2025 | Aug 6, 2025 | $2.37vs $2.50-5.2% | $1.9Bvs $1.8B+4.8% |
| Q2 2025 | May 7, 2025 | $1.85vs $1.48+25.0% | $1.7Bvs $1.5B+7.9% |
Based on last 12 quarters of dataView full earnings history →
CF Peer Comparison
CF Industries Holdings, Inc. (CF) competitors in Fertilizer and nutrient producers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 MOS | 7.48B | 23.56 | 6.07 | 5.03% | 10.46% | 9.99% | 0.06 | |
 NTR | 35.51B | 73.81 | 15.57 | 5.33% | 8.44% | 9.11% | 0.51 | |
 UAN | 1.38B | 130.40 | 13.98 | 15.36% | 18.89% | 40.08% | 2.23 | |
 ANDE | 2.32B | 68.23 | 24.37 | -2.21% | 1.17% | 9.47% | 0.81 | |
 ICL | 7.25B | 5.62 | 31.22 | 4.56% | 5.23% | 5.78% | 0.44 | |
 SMG | 3.65B | 62.85 | 25.45 | -3.93% | 2.68% | |||
 AVD | 83.05M | 2.91 | -1.66 | -5.88% | -8.71% | -21.86% | 0.99 | |
 DE | 160.38B | 591.64 | 31.98 | -2.23% | 8.88% | 15.46% | 2.46 |
Compare CF vs Peers
CF Industries Holdings, Inc. (CF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CF Income Statement
CF Industries Holdings, Inc. (CF) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 4.13B | 4.43B | 4.59B | 4.12B | 6.54B | 11.19B | 6.63B | 5.94B | 7.08B | 7.41B |
| Revenue Growth % | 12.08% | 7.24% | 3.64% | -10.15% | 58.54% | 71.09% | -40.72% | -10.48% | 19.34% | 20.85% |
| Cost of Goods Sold | 3.61B | 3.52B | 3.41B | 3.29B | 4.18B | 5.29B | 3.99B | 3.88B | 4.36B | 4.41B |
| COGS % of Revenue | 87.39% | 79.54% | 74.2% | 79.78% | 63.89% | 47.33% | 60.11% | 65.36% | 61.55% | - |
| Gross Profit | 521M▲ 0% | 906M▲ 73.9% | 1.18B▲ 30.7% | 834M▼ 29.6% | 2.36B▲ 183.1% | 5.89B▲ 149.6% | 2.65B▼ 55.1% | 2.06B▼ 22.3% | 2.72B▲ 32.5% | 2.99B▲ 0% |
| Gross Margin % | 12.62% | 20.46% | 25.8% | 20.22% | 36.11% | 52.67% | 39.89% | 34.64% | 38.45% | 40.41% |
| Gross Profit Growth % | -26.93% | 73.9% | 30.68% | -29.56% | 183.09% | 149.56% | -55.11% | -22.27% | 32.49% | - |
| Operating Expenses | 191M | 212M | 239M | 206M | 223M | 290M | 289M | 310M | 364M | 347M |
| OpEx % of Revenue | 4.62% | 4.79% | 5.21% | 5% | 3.41% | 2.59% | 4.36% | 5.22% | 5.14% | - |
| Selling, General & Admin | 192M | 214M | 239M | 206M | 223M | 290M | 289M | 320M | 364M | 383M |
| SG&A % of Revenue | 4.65% | 4.83% | 5.21% | 5% | 3.41% | 2.59% | 4.36% | 5.39% | 5.14% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10M | 0 | -1000K |
| Operating Income | 330M▲ 0% | 694M▲ 110.3% | 945M▲ 36.2% | 628M▼ 33.5% | 2.14B▲ 240.4% | 5.6B▲ 162.0% | 2.36B▼ 57.9% | 1.75B▼ 25.9% | 2.37B▲ 35.5% | 2.01B▲ 0% |
| Operating Margin % | 7.99% | 15.67% | 20.59% | 15.23% | 32.7% | 50.08% | 35.53% | 29.41% | 33.39% | 27.12% |
| Operating Income Growth % | -38.78% | 110.3% | 36.17% | -33.55% | 240.45% | 162.02% | -57.94% | -25.89% | 35.45% | - |
| EBITDA | 1.19B | 1.57B | 1.81B | 1.51B | 3.02B | 6.44B | 3.23B | 2.67B | 3.26B | 2.69B |
| EBITDA Margin % | 28.74% | 35.36% | 39.39% | 36.66% | 46.15% | 57.6% | 48.64% | 45% | 46.06% | 36.26% |
| EBITDA Growth % | 2.95% | 31.93% | 15.45% | -16.37% | 99.54% | 113.56% | -49.95% | -17.18% | 22.16% | -7.44% |
| D&A (Non-Cash Add-back) | 857M | 872M | 863M | 884M | 879M | 841M | 869M | 925M | 898M | 677M |
| EBIT | 190M | 788M | 1.01B | 642M | 1.73B | 5.44B | 2.4B | 1.9B | 2.39B | 1.92B |
| Net Interest Income | -303M | -228M | -217M | -161M | -183M | -279M | 8M | 2M | -74M | -54M |
| Interest Income | 12M | 13M | 20M | 18M | 1M | 65M | 158M | 123M | 81M | 44M |
| Interest Expense | 315M | 241M | 237M | 179M | 184M | 344M | 150M | 121M | 155M | 157M |
| Other Income/Expense | -455M | -147M | -173M | -165M | -595M | -507M | -108M | 16M | -126M | 637M |
| Pretax Income | -125M▲ 0% | 547M▲ 537.6% | 772M▲ 41.1% | 463M▼ 40.0% | 1.54B▲ 233.3% | 5.09B▲ 230.2% | 2.25B▼ 55.9% | 1.76B▼ 21.6% | 2.24B▲ 27.1% | 2.65B▲ 0% |
| Pretax Margin % | -3.03% | 12.35% | 16.82% | 11.23% | 23.6% | 45.55% | 33.9% | 29.68% | 31.61% | 35.72% |
| Income Tax | -575M | 119M | 126M | 31M | 283M | 1.16B | 410M | 285M | 441M | 523M |
| Effective Tax Rate % | 460% | 21.76% | 16.32% | 6.7% | 18.34% | 22.73% | 18.24% | 16.17% | 19.7% | 19.77% |
| Net Income | 358M▲ 0% | 290M▼ 19.0% | 493M▲ 70.0% | 317M▼ 35.7% | 917M▲ 189.3% | 3.35B▲ 264.9% | 1.52B▼ 54.4% | 1.22B▼ 20.1% | 1.46B▲ 19.5% | 1.76B▲ 0% |
| Net Margin % | 8.67% | 6.55% | 10.74% | 7.69% | 14.03% | 29.91% | 23% | 20.52% | 20.54% | 23.73% |
| Net Income Growth % | 229.24% | -18.99% | 70% | -35.7% | 189.27% | 264.89% | -54.42% | -20.13% | 19.46% | 31.59% |
| Net Income (Continuing) | 450M | 428M | 646M | 432M | 1.26B | 3.94B | 1.84B | 1.48B | 1.8B | 2.06B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 3.1B | 2.77B | 2.74B | 2.68B | 2.83B | 2.8B | 2.66B | 2.61B | 2.94B | 2.91B |
| EPS (Diluted) | 1.53▲ 0% | 1.24▼ 19.0% | 2.22▲ 79.0% | 1.47▼ 33.6% | 4.24▲ 187.9% | 16.39▲ 286.4% | 7.87▼ 52.0% | 6.74▼ 14.4% | 8.97▲ 33.1% | 11.38▲ 0% |
| EPS Growth % | 228.57% | -18.95% | 79.03% | -33.65% | 187.94% | 286.43% | -51.98% | -14.36% | 33.09% | 46.64% |
| EPS (Basic) | 1.53 | 1.25 | 2.24 | 1.48 | 4.27 | 16.46 | 7.89 | 6.75 | 8.98 | - |
| Diluted Shares Outstanding | 233.9M | 233.8M | 221.6M | 215.2M | 216.2M | 204.2M | 193.8M | 180.7M | 162.2M | 154.5M |
| Basic Shares Outstanding | 233.5M | 232.6M | 220.2M | 214.9M | 215M | 203.3M | 193.3M | 180.4M | 162.1M | 154.2M |
| Dividend Payout Ratio | 78.21% | 96.55% | 53.75% | 81.39% | 28.35% | 9.15% | 20.39% | 29.89% | 22.41% | - |
CF Balance Sheet
CF Industries Holdings, Inc. (CF) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.47B | 1.27B | 974M | 1.37B | 2.59B | 3.67B | 3.05B | 2.52B | 2.98B | 3.39B |
| Cash & Short-Term Investments | 835M | 682M | 287M | 683M | 1.63B | 2.32B | 2.03B | 1.61B | 1.98B | 2.04B |
| Cash Only | 835M | 682M | 287M | 683M | 1.63B | 2.32B | 2.03B | 1.61B | 1.98B | 2.04B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 307M | 235M | 242M | 265M | 497M | 582M | 505M | 404M | 488M | 726M |
| Days Sales Outstanding | 27.13 | 19.37 | 19.24 | 23.45 | 27.75 | 18.99 | 27.8 | 24.84 | 25.14 | 29.59 |
| Inventory | 275M | 309M | 351M | 287M | 408M | 474M | 299M | 314M | 383M | 371M |
| Days Inventory Outstanding | 27.81 | 32.01 | 37.61 | 31.84 | 35.65 | 32.68 | 27.38 | 29.54 | 32.06 | 29.71 |
| Other Current Assets | 15M | 20M | 23M | 35M | 56M | 79M | 47M | 43M | 27M | 252M |
| Total Non-Current Assets | 12B | 11.39B | 11.2B | 10.66B | 9.78B | 9.64B | 11.33B | 10.95B | 11.1B | 11.22B |
| Property, Plant & Equipment | 9.18B | 8.62B | 8.45B | 7.89B | 7.32B | 6.69B | 7.4B | 7B | 7.13B | 7.12B |
| Fixed Asset Turnover | 0.45x | 0.51x | 0.54x | 0.52x | 0.89x | 1.67x | 0.90x | 0.85x | 0.99x | 1.04x |
| Goodwill | 2.37B | 2.35B | 2.37B | 2.37B | 2.09B | 2.09B | 2.5B | 2.49B | 2.49B | 2.49B |
| Intangible Assets | 129M | 115M | 110M | 104M | 45M | 15M | 538M | 507M | 473M | 470M |
| Long-Term Investments | 108M | 93M | 88M | 80M | 82M | 74M | 26M | 29M | 32M | 102M |
| Other Non-Current Assets | 215M | 203M | 185M | 207M | 240M | 771M | 867M | 917M | 980M | 4.07B |
| Total Assets | 13.46B▲ 0% | 12.66B▼ 6.0% | 12.17B▼ 3.9% | 12.02B▼ 1.2% | 12.38B▲ 2.9% | 13.31B▲ 7.6% | 14.38B▲ 8.0% | 13.47B▼ 6.3% | 14.09B▲ 4.6% | 14.61B▲ 0% |
| Asset Turnover | 0.31x | 0.35x | 0.38x | 0.34x | 0.53x | 0.84x | 0.46x | 0.44x | 0.50x | 0.52x |
| Asset Growth % | -11.02% | -5.96% | -3.86% | -1.22% | 2.93% | 7.58% | 7.98% | -6.33% | 4.62% | 16.81% |
| Total Current Liabilities | 580M | 705M | 665M | 906M | 1.43B | 995M | 800M | 818M | 887M | 958M |
| Accounts Payable | 99M | 101M | 78M | 85M | 110M | 63M | 114M | 125M | 681M | 0 |
| Days Payables Outstanding | 10.01 | 10.46 | 8.36 | 9.43 | 9.61 | 4.34 | 10.44 | 11.76 | 57.01 | 42.75 |
| Short-Term Debt | 0 | 0 | 0 | 249M | 0 | 0 | 0 | 0 | 110M | 107M |
| Deferred Revenue (Current) | 89M | 149M | 119M | 130M | 700M | 229M | 130M | 118M | 77M | 718M |
| Other Current Liabilities | 17M | 6M | 18M | 15M | 54M | 95M | 42M | 9M | 19M | 719M |
| Current Ratio | 2.53x | 1.81x | 1.46x | 1.51x | 1.81x | 3.69x | 3.81x | 3.08x | 3.37x | 3.37x |
| Quick Ratio | 2.05x | 1.37x | 0.94x | 1.19x | 1.53x | 3.22x | 3.44x | 2.70x | 2.93x | 2.93x |
| Cash Conversion Cycle | 44.93 | 40.92 | 48.5 | 45.86 | 53.79 | 47.33 | 44.74 | 42.62 | 0.2 | 16.55 |
| Total Non-Current Liabilities | 6.2B | 6.22B | 5.87B | 5.51B | 4.91B | 4.46B | 5.2B | 5.06B | 5.43B | 5.39B |
| Long-Term Debt | 4.69B | 4.7B | 3.96B | 3.71B | 3.46B | 2.96B | 2.97B | 2.97B | 3.53B | 3.51B |
| Capital Lease Obligations | 0 | 0 | 193M | 174M | 162M | 167M | 168M | 189M | 311M | 880M |
| Deferred Tax Liabilities | 1.05B | 1.12B | 1.25B | 1.18B | 1.03B | 958M | 999M | 871M | 869M | 3.45B |
| Other Non-Current Liabilities | 460M | 410M | 474M | 444M | 251M | 375M | 314M | 301M | 26M | 1.7B |
| Total Liabilities | 6.78B | 6.93B | 6.54B | 6.42B | 6.34B | 5.46B | 6B | 5.87B | 6.31B | 6.35B |
| Total Debt | 4.69B | 4.7B | 4.24B | 4.22B | 3.72B | 3.23B | 3.23B | 3.25B | 3.95B | 3.62B |
| Net Debt | 3.86B | 4.02B | 3.95B | 3.54B | 2.09B | 902M | 1.2B | 1.63B | 1.97B | 1.58B |
| Debt / Equity | 0.70x | 0.82x | 0.75x | 0.75x | 0.62x | 0.41x | 0.39x | 0.43x | 0.51x | 0.51x |
| Debt / EBITDA | 3.95x | 3.00x | 2.35x | 2.79x | 1.23x | 0.50x | 1.00x | 1.22x | 1.21x | 1.35x |
| Net Debt / EBITDA | 3.25x | 2.56x | 2.19x | 2.34x | 0.69x | 0.14x | 0.37x | 0.61x | 0.60x | 0.60x |
| Interest Coverage | 0.60x | 3.27x | 4.26x | 3.59x | 9.39x | 15.81x | 15.99x | 15.71x | 15.45x | 12.23x |
| Total Equity | 6.68B▲ 0% | 5.73B▼ 14.3% | 5.64B▼ 1.6% | 5.6B▼ 0.6% | 6.04B▲ 7.7% | 7.85B▲ 30.1% | 8.37B▲ 6.6% | 7.59B▼ 9.3% | 7.78B▲ 2.4% | 11.17B▲ 0% |
| Equity Growth % | 2.96% | -14.26% | -1.64% | -0.6% | 7.73% | 30.1% | 6.62% | -9.33% | 2.41% | 51.48% |
| Book Value per Share | 28.58 | 24.51 | 25.44 | 26.04 | 27.92 | 38.46 | 43.20 | 42.01 | 47.93 | 72.30 |
| Total Shareholders' Equity | 3.58B | 2.96B | 2.9B | 2.92B | 3.21B | 5.05B | 5.72B | 4.99B | 4.84B | 8.26B |
| Common Stock | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 0 | 0 |
| Retained Earnings | 2.44B | 2.46B | 1.96B | 1.93B | 2.09B | 3.87B | 4.54B | 4.01B | 0 | 0 |
| Treasury Stock | 0 | -504M | 0 | -4M | -2M | 0 | 0 | -30M | 0 | 0 |
| Accumulated OCI | -263M | -371M | -366M | -320M | -257M | -230M | -209M | -280M | 0 | 0 |
| Minority Interest | 3.1B | 2.77B | 2.74B | 2.68B | 2.83B | 2.8B | 2.66B | 2.61B | 2.94B | 2.91B |
CF Cash Flow Statement
CF Industries Holdings, Inc. (CF) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 1.63B | 1.5B | 1.5B | 1.23B | 2.87B | 3.85B | 2.76B | 2.27B | 2.75B | 2.75B |
| Operating CF Margin % | 39.49% | 33.8% | 32.79% | 29.85% | 43.94% | 34.46% | 41.58% | 38.26% | 38.85% | - |
| Operating CF Growth % | 164.34% | -8.22% | 0.53% | -18.21% | 133.39% | 34.18% | -28.48% | -17.63% | 21.18% | 45.79% |
| Net Income | 450M | 428M | 646M | 432M | 1.26B | 3.94B | 1.52B | 1.48B | 1.8B | 1.76B |
| Depreciation & Amortization | 883M | 888M | 875M | 892M | 888M | 850M | 869M | 925M | 898M | 905M |
| Stock-Based Compensation | 17M | 22M | 28M | 25M | 30M | 41M | 37M | 36M | 45M | 46M |
| Deferred Taxes | -601M | 78M | 149M | -74M | -196M | -107M | 81M | -115M | 6M | 20M |
| Other Non-Cash Items | 43M | -46M | -81M | -56M | 443M | 34M | 53M | -72M | 102M | -266M |
| Working Capital Changes | 839M | 127M | -112M | 12M | 448M | -900M | 192M | 20M | -97M | -105M |
| Change in Receivables | -57M | 68M | -6M | -19M | -235M | -110M | 100M | 77M | -98M | -160M |
| Change in Inventory | 40M | -52M | -26M | 27M | -123M | -93M | 152M | -28M | -88M | -43M |
| Change in Payables | -1M | 44M | -72M | -15M | 142M | 1M | 0 | 44M | 72M | -19M |
| Cash from Investing | -408M | -375M | -319M | -299M | -466M | -440M | -1.68B | -469M | -933M | -1.03B |
| Capital Expenditures | -473M | -422M | -404M | -309M | -524M | -462M | -499M | -518M | -950M | -1.04B |
| CapEx % of Revenue | 11.45% | 9.53% | 8.8% | 7.49% | 8.01% | 4.13% | 7.53% | 8.73% | 13.41% | - |
| Acquisitions | 16M | -362M | 70M | 2M | 50M | 1M | -1.22B | 0 | 0 | -4M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 6M | 47M | 15M | 8M | 9M | 21M | 43M | 49M | 17M | 13M |
| Cash from Financing | -1.56B | -1.27B | -1.58B | -542M | -1.46B | -2.7B | -1.37B | -2.21B | -1.48B | -1.01B |
| Debt Issued (Net) | -1.15B | 0 | -769M | 0 | -518M | -507M | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 1M | -455M | -351M | -95M | -475M | -1.24B | -578M | -1.51B | 0 | 443M |
| Dividends Paid | -280M | -280M | -265M | -258M | -260M | -306M | -311M | -364M | -326M | -318M |
| Share Repurchases | 0 | -467M | -370M | -100M | -539M | -1.35B | -580M | -1.51B | 0 | 416M |
| Other Financing | -137M | -535M | -198M | -189M | -210M | -646M | -481M | -334M | -1.16B | -1.14B |
| Net Change in Cash | -329M▲ 0% | -153M▲ 53.5% | -395M▼ 158.2% | 396M▲ 200.3% | 945M▲ 138.6% | 695M▼ 26.5% | -291M▼ 141.9% | -418M▼ 43.6% | 368M▲ 188.0% | 636M▲ 0% |
| Free Cash Flow | 1.16B▲ 0% | 1.07B▼ 7.2% | 1.1B▲ 2.4% | 922M▼ 16.3% | 2.35B▲ 154.8% | 3.39B▲ 44.4% | 2.26B▼ 33.5% | 1.75B▼ 22.3% | 1.8B▲ 2.8% | 1.62B▲ 0% |
| FCF Margin % | 28.04% | 24.27% | 23.99% | 22.36% | 35.93% | 30.33% | 34.02% | 29.53% | 25.44% | 21.88% |
| FCF Growth % | 172.65% | -7.17% | 2.42% | -16.26% | 154.77% | 44.44% | -33.51% | -22.3% | 2.8% | -12.85% |
| FCF per Share | 4.95 | 4.60 | 4.97 | 4.28 | 10.86 | 16.62 | 11.64 | 9.70 | 11.11 | 11.11 |
| FCF Conversion (FCF/Net Income) | 4.56x | 5.16x | 3.05x | 3.88x | 3.13x | 1.15x | 1.81x | 1.86x | 1.89x | 0.92x |
| Interest Paid | 0 | 227M | 0 | 184M | 176M | 257M | 145M | 118M | 0 | 0 |
| Taxes Paid | 0 | 7M | 0 | 111M | 430M | 1.78B | 373M | 410M | 0 | 0 |
CF Key Ratios
CF Industries Holdings, Inc. (CF) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 5.43% | 4.67% | 8.67% | 5.64% | 15.76% | 48.18% | 18.8% | 15.26% | 18.94% | 20.41% |
| Return on Invested Capital (ROIC) | 2.29% | 5.13% | 7.33% | 5.03% | 18.57% | 49.78% | 19.28% | 13.93% | 18.71% | 18.71% |
| Gross Margin | 12.62% | 20.46% | 25.8% | 20.22% | 36.11% | 52.67% | 39.89% | 34.64% | 38.45% | 40.41% |
| Net Margin | 8.67% | 6.55% | 10.74% | 7.69% | 14.03% | 29.91% | 23% | 20.52% | 20.54% | 23.73% |
| Debt / Equity | 0.70x | 0.82x | 0.75x | 0.75x | 0.62x | 0.41x | 0.39x | 0.43x | 0.51x | 0.51x |
| Interest Coverage | 0.60x | 3.27x | 4.26x | 3.59x | 9.39x | 15.81x | 15.99x | 15.71x | 15.45x | 12.23x |
| FCF Conversion | 4.56x | 5.16x | 3.05x | 3.88x | 3.13x | 1.15x | 1.81x | 1.86x | 1.89x | 0.92x |
| Revenue Growth | 12.08% | 7.24% | 3.64% | -10.15% | 58.54% | 71.09% | -40.72% | -10.48% | 19.34% | 20.85% |
CF SEC Filings & Documents
CF Industries Holdings, Inc. (CF) SEC filings — annual & quarterly reports (10-K, 10-Q)
CF Frequently Asked Questions
CF Industries Holdings, Inc. (CF) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
CF Industries Holdings, Inc. (CF) reported $7.41B in revenue for fiscal year 2025. This represents a 433% increase from $1.39B in 2003.
CF Industries Holdings, Inc. (CF) grew revenue by 19.3% over the past year. This is strong growth.
Yes, CF Industries Holdings, Inc. (CF) is profitable, generating $1.76B in net income for fiscal year 2025 (20.5% net margin).
Dividend & Returns
Yes, CF Industries Holdings, Inc. (CF) pays a dividend with a yield of 1.68%. This makes it attractive for income-focused investors.
CF Industries Holdings, Inc. (CF) has a return on equity (ROE) of 18.9%. This is reasonable for most industries.
CF Industries Holdings, Inc. (CF) generated $1.62B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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