Last 48 quarters of trend data · Basic Materials · Agricultural Inputs
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
CF Industries Holdings, Inc.'s quarterly P/E stands at 8.2x, down 22.8% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has expanded 34.6% YoY to 6.2x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 11.47 | 8.16 | 7.47 | 10.24 | 9.70 | 10.56 | 11.29 | 13.84 | 8.06 | 20.20 | 13.80 | 25.22 | 6.43 |
| — | -22.8% | -33.9% | -26.0% | +20.5% | -47.7% | -18.2% | -45.1% | +25.3% | +216.5% | +182.5% | +128.5% | +67.3% | |
| P/S Ratio | 2.23 | 2.53 | 1.61 | 2.18 | 1.98 | 1.98 | 2.43 | 2.80 | 2.15 | 2.66 | 2.41 | 3.25 | 1.91 |
| — | +27.4% | -33.6% | -22.1% | -7.9% | -25.5% | +0.7% | -13.9% | +13.0% | +50.1% | +49.6% | +55.9% | +44.3% | |
| P/B Ratio | 2.15 | 2.43 | 1.55 | 1.88 | 1.92 | 1.81 | 1.95 | 1.98 | 1.67 | 1.96 | 1.81 | 1.99 | 1.59 |
| — | +34.4% | -20.4% | -5.1% | +14.7% | -7.6% | +7.7% | -0.6% | +5.3% | +10.9% | -15.5% | -26.9% | -33.3% | |
| P/FCF | 8.77 | 18.37 | 9.64 | 5.04 | 11.80 | 7.26 | 16.60 | 4.84 | 8.66 | 11.34 | — | 8.78 | 5.48 |
| — | +152.9% | -41.9% | +4.2% | +36.2% | -36.0% | — | -44.9% | +57.9% | +179.1% | — | +45.3% | +0.8% | |
| EV / EBITDA | 5.45 | 6.23 | 3.87 | 5.02 | 4.26 | 4.63 | 6.17 | 6.99 | 4.53 | 7.39 | 5.84 | 7.80 | 3.55 |
| — | +34.6% | -37.2% | -28.1% | -6.0% | -37.4% | +5.6% | -10.3% | +27.5% | +109.5% | +91.7% | +63.5% | +61.6% | |
| EV / EBIT | 7.52 | 8.45 | 5.46 | 6.61 | 6.20 | 7.95 | 8.56 | 10.44 | 5.61 | 12.68 | 8.68 | 14.15 | 4.37 |
| — | +6.3% | -36.2% | -36.7% | +10.5% | -37.3% | -1.4% | -26.3% | +28.4% | +196.4% | +145.7% | +105.2% | +65.8% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
CF Industries Holdings, Inc.'s operating margin was 32.2% in Q1 2026, down 4.0 pp QoQ and down 3.4 pp YoY. The trailing four-quarter average of 35.7% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 7.7% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 38.5% | 37.6% | 41.1% | 38.1% | 44.8% | 40.7% | 34.3% | 32.6% | 43.2% | 28.1% | 34.8% | 30.2% | 45.3% |
| — | -7.7% | +19.7% | +17.0% | +3.6% | +44.9% | -1.4% | +7.6% | -4.6% | -37.8% | -32.5% | -23.3% | -22.6% | |
| Operating Margin | 33.4% | 32.2% | 36.2% | 35.0% | 39.4% | 35.7% | 29.2% | 26.9% | 38.4% | 22.1% | 30.0% | 24.9% | 41.3% |
| — | -9.6% | +24.0% | +30.2% | +2.8% | +61.3% | -2.6% | +7.9% | -7.1% | -46.7% | -37.9% | -31.9% | -26.7% | |
| Net Margin | 20.5% | 31.0% | 21.6% | 21.3% | 20.4% | 18.8% | 21.5% | 20.1% | 26.7% | 13.2% | 17.4% | 12.9% | 29.7% |
| — | +65.1% | +0.3% | +5.6% | -23.6% | +42.2% | +23.4% | +56.4% | -10.0% | -52.6% | -47.1% | -31.7% | -13.6% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 18.9% | 7.7% | 5.2% | 4.6% | 5.1% | 4.2% | 4.3% | 3.5% | 5.2% | 2.4% | 3.3% | 1.9% | 6.3% |
| — | +83.1% | +22.0% | +30.6% | -2.1% | +76.8% | +30.2% | +78.7% | -17.8% | -66.3% | -71.4% | -67.5% | -61.1% | |
| ROA | 10.6% | 4.3% | 2.9% | 2.5% | 2.9% | 2.3% | 2.4% | 2.0% | 3.0% | 1.4% | 2.0% | 1.2% | 3.9% |
| — | +83.9% | +18.9% | +26.4% | -6.1% | +69.6% | +22.4% | +65.0% | -22.3% | -67.2% | -69.7% | -63.1% | -54.3% | |
| ROIC | 18.7% | 4.9% | 5.4% | 4.6% | 6.0% | 4.8% | 3.6% | 3.0% | 4.8% | 2.6% | 4.0% | 2.8% | 6.4% |
| — | +1.5% | +47.1% | +56.8% | +25.5% | +88.4% | -7.9% | +5.0% | -25.9% | -64.6% | -64.6% | -63.4% | -63.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
CF Industries Holdings, Inc.'s Debt/EBITDA ratio is 4.2x, down from 4.4x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 36.6% YoY to 3.54x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.51 | 0.44 | 0.51 | 0.44 | 0.43 | 0.45 | 0.43 | 0.42 | 0.40 | 0.40 | 0.39 | 0.39 | 0.38 |
| — | -2.9% | +18.7% | +5.1% | +7.0% | +12.3% | +10.8% | +7.4% | +4.3% | +0.1% | -6.0% | -14.5% | -10.5% | |
| Debt / EBITDA | 1.21 | 4.17 | 4.36 | 4.26 | 3.40 | 4.05 | 4.87 | 5.44 | 3.90 | 5.57 | 4.62 | 6.13 | 3.40 |
| — | +3.0% | -10.6% | -21.7% | -12.8% | -27.2% | +5.6% | -11.1% | +14.7% | +78.2% | +108.2% | +101.8% | +126.5% | |
| Current Ratio | 3.37 | 3.54 | 3.37 | 2.27 | 3.22 | 2.59 | 3.08 | 2.81 | 4.70 | 3.94 | 3.81 | 4.52 | 6.55 |
| — | +36.6% | +9.2% | -19.2% | -31.4% | -34.2% | -19.2% | -37.8% | -28.2% | -11.7% | +3.3% | +69.8% | +92.1% | |
| Quick Ratio | 2.93 | 3.15 | 2.93 | 1.99 | 2.84 | 2.22 | 2.70 | 2.52 | 4.19 | 3.55 | 3.44 | 4.18 | 6.03 |
| — | +42.2% | +8.8% | -20.8% | -32.2% | -37.5% | -21.6% | -39.8% | -30.5% | -10.5% | +7.0% | +81.6% | +104.2% | |
| Interest Coverage | 15.45 | 16.41 | 15.68 | 14.78 | 18.64 | 12.81 | 10.21 | — | 18.00 | 9.11 | 13.46 | 7.49 | 21.56 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying CF stock.
CF Industries Holdings, Inc.'s current P/E is 11.5x. The average P/E over the last 4 quarters is 8.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
CF Industries Holdings, Inc.'s current operating margin is 33.4%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking CF Industries Holdings, Inc.'s business trajectory between earnings reports.