CF Industries Holdings, Inc.

NYSE•CF

CEO: Mr. W. Anthony Will

Sector: Basic Materials

Industry: Agricultural Inputs

Listing Date: 2005-08-11

CF Industries Holdings, Inc., together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments. The company's principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. It also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products. The company primarily serves cooperatives, independent fertilizer distributors, traders, wholesalers, and industrial users. CF Industries Holdings, Inc. was founded in 1946 and is headquartered in Northbrook, Illinois.

Contact Information

2375 Waterview Drive, Northbrook, IL, 60062, United States

847-405-2400

www.cfindustries.com

Market Cap

$19.09B

P/E (TTM)

13.1

28.8

Dividend Yield

1.6%

52W High

$137.44

52W Low

$67.34

52W Range

79%

Rank24Top 10.8%

5.7

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 5.7 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$1.87B+0.00%

4-Quarter Trend

EPS

$2.60+0.00%

4-Quarter Trend

FCF

$313.00M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Strong Net Sales Growth Net sales totaled $7.08B USD in 2025, marking a substantial 19% increase driven by higher average selling prices.

Gross Margin Expansion Gross margin grew 32% to $2.72B USD, primarily due to strong pricing offsetting increased natural gas costs.

Diluted EPS Jumps Diluted EPS reached $8.97 USD, increasing 33% compared to prior year results due to higher net earnings.

Low-Carbon Ammonia Sales Completed first sales of low-carbon ammonia at a premium to traditional products, confirming developing market demand.

Risk Factors

Yazoo City Production Outage Incident at Yazoo City required idling all production; management expects resumption no earlier than fourth quarter 2026.

Rising Natural Gas Costs Cost of natural gas used for production increased 38% to $3.31 per MMBtu, negatively impacting gross margin by $316M.

Significant Asset Impairments Recognized $76M USD in total asset impairment charges related to Donaldsonville and Yazoo City facility incidents in 2025.

Global Trade Policy Uncertainty Intense global competition and evolving trade policies, including tariffs, create uncertainty impacting pricing and material costs.

Outlook

Blue Point JV Construction Construction of the $3.7B USD low-carbon ATR ammonia facility is expected to begin in 2026, targeting 2029 production.

Increased 2026 Capital Spending Anticipated 2026 capital expenditures total approximately $1.3B USD, heavily weighted toward the Blue Point joint venture.

Low-Carbon Demand Growth Expect continued demand growth for low-carbon ammonia into Europe for power generation and steel production applications.

Existing Network Decarbonization Executing carbon capture projects at Donaldsonville and Yazoo City complexes to convert production to lower carbon intensity ammonia.

Peer Comparison

Revenue (TTM)

LYB

$30.15B

-18.1%

$16.18B

-0.1%

$14.29B

+3.3%

Gross Margin (Latest Quarter)

RGLD

64.5%

-12.3pp

AGI

60.1%

+12.9pp

PAAS

47.2%

+12.1pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
LYB	$22.90B	-30.8	-6.6%	46.9%
SQM	$21.81B	36.0	10.9%	33.2%
PAAS	$20.68B	24.0	16.9%	9.6%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

4.0%

Moderate Growth

4Q Net Income CAGR

9.0%

Profitability Improving

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 5, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data