CF
CF Industries Holdings Inc
NYSE: CF · BASIC MATERIALS · AGRICULTURAL INPUTS
$126.78
+3.65% today
Updated 2026-04-29
Market cap
$19.48B
P/E ratio
14.13
P/S ratio
2.75x
EPS (TTM)
$8.97
Dividend yield
1.64%
52W range
$75 – $142
Volume
5.2M
CF Industries Holdings Inc (CF) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.95B | $2.76B | $3.92B | $2.61B | $3.96B | $6.10B | $6.10B | $5.47B | $4.74B | $4.31B | $3.69B | $4.13B | $4.43B | $4.59B | $4.12B | $6.54B | $11.19B | $6.63B | $5.94B | $7.08B |
| Revenue growth (YoY) | — | +41.4% | +42.2% | -33.5% | +52.0% | +53.8% | +0.1% | -10.3% | -13.4% | -9.2% | -14.5% | +12.1% | +7.2% | +3.6% | -10.2% | +58.5% | +71.1% | -40.7% | -10.5% | +19.3% |
| Cost of revenue | $1.71B | $2.03B | $2.61B | $1.74B | $2.74B | $3.07B | $2.93B | $3.01B | $2.95B | $2.47B | $2.97B | $3.61B | $3.52B | $3.41B | $3.29B | $4.18B | $5.29B | $3.99B | $3.88B | $4.36B |
| Gross profit | $240.90M | $729.50M | $1.31B | $867.50M | $1.22B | $3.03B | $3.17B | $2.47B | $1.79B | $1.84B | $713.00M | $521.00M | $906.00M | $1.18B | $834.00M | $2.36B | $5.89B | $2.65B | $2.06B | $2.72B |
| Gross margin | 12.4% | 26.5% | 33.5% | 33.3% | 30.8% | 49.6% | 51.9% | 45.0% | 37.8% | 42.6% | 19.3% | 12.6% | 20.5% | 25.8% | 20.2% | 36.1% | 52.7% | 39.9% | 34.6% | 38.5% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $21.90M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $54.50M | $68.40M | $72.50M | $62.90M | $106.10M | $130.00M | $151.80M | $166.00M | $151.90M | $169.80M | $174.00M | $192.00M | $214.00M | $239.00M | $206.00M | $223.00M | $290.00M | $289.00M | $320.00M | $364.00M |
| Operating income | $163.80M | $664.30M | $1.25B | $804.60M | $1.12B | $2.90B | $3.02B | $2.30B | $1.61B | $1.67B | $539.00M | $330.00M | $694.00M | $945.00M | $628.00M | $2.14B | $5.60B | $2.36B | $1.75B | $2.37B |
| Operating margin | 8.4% | 24.1% | 31.8% | 30.8% | 28.2% | 47.5% | 49.4% | 42.0% | 34.0% | 38.7% | 14.6% | 8.0% | 15.7% | 20.6% | 15.2% | 32.7% | 50.1% | 35.5% | 29.4% | 33.4% |
| EBITDA | $179.30M | $712.10M | $1.28B | $798.10M | $1.30B | $3.21B | $3.38B | $2.77B | $2.76B | $1.65B | $588.00M | $1.05B | $1.66B | $1.87B | $1.53B | $2.61B | $6.28B | $3.27B | $2.83B | $3.29B |
| EBITDA margin | 9.2% | 25.8% | 32.6% | 30.6% | 32.9% | 52.6% | 55.4% | 50.6% | 58.1% | 38.2% | 16.0% | 25.4% | 37.5% | 40.8% | 37.0% | 39.9% | 56.1% | 49.3% | 47.6% | 46.5% |
| EBIT | $84.70M | $627.60M | $1.18B | $697.10M | $909.00M | $2.79B | $2.96B | $2.36B | $2.37B | $1.19B | $-26.00M | $190.00M | $788.00M | $1.01B | $642.00M | $1.73B | $5.44B | $2.40B | $1.90B | $2.39B |
| Interest expense | $2.90M | $1.70M | $1.60M | $1.50M | $221.30M | $147.20M | $135.30M | $152.20M | $178.20M | $133.00M | $200.00M | $315.00M | $241.00M | $237.00M | $179.00M | $184.00M | $344.00M | $150.00M | $121.00M | $155.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $33.30M | $372.70M | $684.60M | $365.60M | $349.20M | $1.54B | $1.85B | $1.46B | $1.39B | $700.00M | $-277.00M | $358.00M | $290.00M | $493.00M | $317.00M | $917.00M | $3.35B | $1.52B | $1.22B | $1.46B |
| Net income growth (YoY) | — | +1019.2% | +83.7% | -46.6% | -4.5% | +340.8% | +20.1% | -20.8% | -5.1% | -49.6% | -139.6% | +229.2% | -19.0% | +70.0% | -35.7% | +189.3% | +264.9% | -54.4% | -20.1% | +19.5% |
| Profit margin | 1.7% | 13.5% | 17.5% | 14.0% | 8.8% | 25.2% | 30.3% | 26.8% | 29.3% | 16.2% | -7.5% | 8.7% | 6.5% | 10.7% | 7.7% | 14.0% | 29.9% | 23.0% | 20.5% | 20.5% |