CF Industries Holdings, Inc.
CF- Exchange
- NYSE
- Industry
- Agricultural Chemicals
- SEC CIK
- 0001324404
No open-market purchases or sales by CF Industries Holdings, Inc. insiders were filed in the last 90 days; 973 institutions reported holding it in 13F filings for Q2 2026, worth $17.2B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 8, 2026, 10:45 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 18, 2026 | Feb 19, 2025 | Feb 14, 2024 | Feb 15, 2023 | Feb 15, 2022 |
| Revenue | $7.08B | $5.94B | $6.63B | $11.2B | $6.54B |
| Cost of revenue | $4.36B | $3.88B | $4.09B | $5.33B | $4.15B |
| Gross profit | $2.72B | $2.06B | $2.54B | $5.86B | $2.39B |
| Selling, general and administrative | $364.0M | $320.0M | $289.0M | $290.0M | $223.0M |
| Operating income | $2.30B | $1.75B | $2.23B | $5.40B | $1.73B |
| Interest expense | $155.0M | $121.0M | $150.0M | $344.0M | $184.0M |
| Income tax | $441.0M | $285.0M | $410.0M | $1.16B | $283.0M |
| Net income | $1.80B | $1.48B | $1.84B | $3.94B | $1.26B |
| EPS, basic | $8.98 | $6.75 | $7.89 | $16.45 | $4.27 |
| EPS, diluted | $8.97 | $6.74 | $7.87 | $16.38 | $4.24 |
| Weighted shares, basic | 162.1M | 180.4M | 193.3M | 203.3M | 215.0M |
| Weighted shares, diluted | 162.2M | 180.7M | 193.8M | 204.2M | 216.2M |
| Margins and growth | |||||
| Gross margin | 38.5% | 34.6% | 38.4% | 52.4% | 36.5% |
| Operating margin | 32.5% | 29.4% | 33.6% | 48.2% | 26.4% |
| Net margin | 25.4% | 24.9% | 27.7% | 35.2% | 19.3% |
| Revenue growth, year over year | +19.3% | −10.5% | −40.7% | +71.1% | +58.5% |
| Net income growth, year over year | +21.7% | −19.6% | −53.3% | +212.5% | +191.7% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 18, 2026 | Feb 19, 2025 | Feb 14, 2024 | Feb 15, 2023 | Feb 15, 2022 |
| Cash and equivalents | $629.0M | $168.0M | $208.0M | $153.0M | $121.0M |
| Accounts receivable | $488.0M | $404.0M | $505.0M | $582.0M | $497.0M |
| Inventory | $383.0M | $314.0M | $299.0M | $474.0M | $408.0M |
| Total current assets | $2.98B | $2.52B | $3.05B | $3.67B | $2.59B |
| Property, plant and equipment | $6.71B | $6.74B | $7.14B | $6.44B | $7.08B |
| Goodwill | $2.49B | $2.49B | $2.50B | $2.09B | $2.09B |
| Intangible assets | $473.0M | $507.0M | $538.0M | $15.0M | $45.0M |
| Total assets | $14.1B | $13.5B | $14.4B | $13.3B | $12.4B |
| Accounts payable | $148.0M | $125.0M | $114.0M | $63.0M | $110.0M |
| Short-term debt | – | – | – | – | $0 |
| Total current liabilities | $887.0M | $818.0M | $800.0M | $995.0M | $1.43B |
| Long-term debt | $3.21B | $2.97B | $2.97B | $2.96B | $3.46B |
| Shareholders' equity | $7.78B | $7.59B | $8.37B | $7.85B | $6.04B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 18, 2026 | Feb 19, 2025 | Feb 14, 2024 | Feb 15, 2023 | Feb 15, 2022 |
| Operating cash flow | $2.75B | $2.27B | $2.76B | $3.85B | $2.87B |
| Capital expenditures | $950.0M | $518.0M | $499.0M | $453.0M | $514.0M |
| Free cash flow | $1.80B | $1.75B | $2.26B | $3.40B | $2.36B |
| Depreciation and amortization | $898.0M | $925.0M | $869.0M | $850.0M | $888.0M |
| Stock-based compensation | $45.0M | $36.0M | $37.0M | $41.0M | $30.0M |
| Dividends paid | $326.0M | $364.0M | $311.0M | $306.0M | $260.0M |
| Share buybacks | $1.36B | $1.51B | $580.0M | $1.35B | $539.0M |
| Investing cash flow | -$933.0M | -$469.0M | -$1.68B | -$440.0M | -$466.0M |
| Financing cash flow | -$1.48B | -$2.21B | -$1.37B | -$2.70B | -$1.46B |
| Net change in cash | $368.0M | -$418.0M | -$291.0M | $695.0M | $945.0M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.6% | 0.6% | 0.6% | 0.4% | 0.5% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 2, 2026 | 146.3M | −6.2% | SEC |
| Aug 3, 2026 | 151.3M | −6.6% | SEC |
| May 4, 2026 | 153.6M | −5.2% | SEC |
| Jan 30, 2026 | 153.7M | −9.4% | SEC |
| Nov 3, 2025 | 156.0M | −10.4% | SEC |
| Aug 4, 2025 | 162.0M | −10.2% | SEC |
| May 5, 2025 | 162.0M | −11.4% | SEC |
| Jan 31, 2025 | 169.5M | −10.0% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.