CF Industries Holdings, Inc. (CF)

CF Financials

CF Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	7.407B	1.986B	1.872B	1.659B	1.890B	1.663B	1.524B	1.370B	1.572B
Cost of Goods Sold	4.414B	1.240B	1.103B	1.027B	1.044B	986.000M	1.001B	924.000M	893.000M
Gross Profit	2.993B	746.000M	769.000M	632.000M	846.000M	677.000M	523.000M	446.000M	679.000M
Gross Profit Margin	37.6%	37.6%	41.1%	38.1%	44.8%	40.7%	34.3%	32.6%	43.2%
Total Operating Expenses	347.000M	103.000M	91.000M	52.000M	101.000M	84.000M	78.000M	78.000M	76.000M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	383.000M	103.000M	91.000M	88.000M	101.000M	84.000M	78.000M	78.000M	76.000M
Operating Income (EBIT)	2.643B	640.000M	678.000M	580.000M	745.000M	593.000M	445.000M	368.000M	603.000M
Operating Margin	32.2%	32.2%	36.2%	35.0%	39.4%	35.7%	29.2%	26.9%	38.4%
Income Before Tax (EBT)	2.646B	844.000M	602.000M	565.000M	635.000M	437.000M	433.000M	400.000M	629.000M
Interest Income	84.000M	20.000M	24.000M	23.000M	17.000M	17.000M	33.000M	32.000M	28.000M
Interest Expense	157.000M	39.000M	41.000M	41.000M	36.000M	37.000M	47.000M	—	37.000M
Other Income/Expense	3.000M	204.000M	-76.000M	-15.000M	-110.000M	-156.000M	-12.000M	32.000M	26.000M
Net Income	1.758B	615.000M	404.000M	353.000M	386.000M	312.000M	328.000M	276.000M	420.000M
Income Tax Expense	523.000M	168.000M	107.000M	105.000M	143.000M	86.000M	41.000M	59.000M	123.000M
Net Profit Margin	31.0%	31.0%	21.6%	21.3%	20.4%	18.8%	21.5%	20.1%	26.7%
EBITDA	3.708B	1.111B	871.000M	823.000M	903.000M	695.000M	701.000M	629.000M	888.000M
EBITDA Margin	55.9%	55.9%	46.5%	49.6%	47.8%	41.8%	46.0%	45.9%	56.5%
Depreciation & Amortization	905.000M	228.000M	228.000M	217.000M	232.000M	221.000M	221.000M	229.000M	222.000M
EPS Basic	11.15	3.99	2.60	2.19	2.37	1.85	1.89	1.55	2.30
EPS Diluted	11.13	3.98	2.59	2.19	2.37	1.85	1.89	1.55	2.30
Shares Outstanding	154.200M	154.200M	155.900M	161.000M	162.900M	168.600M	173.200M	178.400M	182.700M
Diluted Shares Outstanding	154.500M	154.500M	156.100M	161.200M	163.100M	168.800M	173.500M	178.600M	182.800M

CF Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	7.084B	5.936B	6.631B	11.186B	6.538B	4.124B	4.590B	4.429B
Cost of Goods Sold	4.360B	3.880B	3.986B	5.294B	4.177B	3.290B	3.406B	3.523B
Gross Profit	2.724B	2.056B	2.645B	5.892B	2.361B	834.000M	1.184B	906.000M
Gross Profit Margin	38.5%	34.6%	39.9%	52.7%	36.1%	20.2%	25.8%	20.5%
Total Operating Expenses	364.000M	310.000M	289.000M	290.000M	223.000M	206.000M	239.000M	212.000M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	364.000M	320.000M	289.000M	290.000M	223.000M	206.000M	239.000M	214.000M
Operating Income (EBIT)	2.365B	1.746B	2.356B	5.602B	2.138B	628.000M	945.000M	694.000M
Operating Margin	33.4%	29.4%	35.5%	50.1%	32.7%	15.2%	20.6%	15.7%
Income Before Tax (EBT)	2.239B	1.762B	2.248B	5.095B	1.543B	463.000M	772.000M	547.000M
Interest Income	81.000M	123.000M	158.000M	65.000M	1.000M	18.000M	20.000M	13.000M
Interest Expense	155.000M	121.000M	150.000M	344.000M	184.000M	179.000M	237.000M	241.000M
Other Income/Expense	-126.000M	16.000M	-108.000M	-507.000M	-595.000M	-165.000M	-173.000M	-147.000M
Net Income	1.455B	1.218B	1.525B	3.346B	917.000M	317.000M	493.000M	290.000M
Income Tax Expense	441.000M	285.000M	410.000M	1.158B	283.000M	31.000M	126.000M	119.000M
Net Profit Margin	20.5%	20.5%	23.0%	29.9%	14.0%	7.7%	10.7%	6.5%
EBITDA	3.292B	2.826B	3.267B	6.280B	2.606B	1.526B	1.872B	1.660B
EBITDA Margin	46.5%	47.6%	49.3%	56.1%	39.9%	37.0%	40.8%	37.5%
Depreciation & Amortization	898.000M	925.000M	869.000M	841.000M	879.000M	884.000M	863.000M	872.000M
EPS Basic	8.98	6.75	7.89	16.46	4.27	1.48	2.24	1.25
EPS Diluted	8.97	6.74	7.87	16.39	4.24	1.47	2.22	1.24
Shares Outstanding	162.100M	180.400M	193.300M	203.300M	215.000M	214.900M	220.200M	232.600M
Diluted Shares Outstanding	162.200M	180.700M	193.800M	204.200M	216.200M	215.200M	221.600M	233.800M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About CF Industries Holdings, Inc.

CF Industries Holdings, Inc. is a global producer and distributor of hydrogen and nitrogen-based products. These essential chemicals serve a variety of purposes worldwide, including energy generation, agricultural fertilization, environmental emissions reduction, and numerous other industrial applications. The company's core product lineup features vital nitrogen compounds such as anhydrous ammonia, granular urea, urea ammonium nitrate (UAN), and different forms of ammonium nitrate. In addition to these primary offerings, CF Industries also provides specialized chemicals like diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia, alongside complex fertilizers containing nitrogen, phosphorus, and potassium. Its diverse customer base includes agricultural cooperatives, independent fertilizer distributors, commodity traders, wholesalers, and a wide array of industrial end-users. Founded in 1946, the firm is headquartered in Deerfield, Illinois.

Northbrook, IL

2,800 employees

www.cfindustries.com

Basic Materials / Agricultural Inputs

Sector: Basic Materials
Industry: Agricultural Inputs
CEO: Christopher D. Bohn

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