# CF Industries Holdings, Inc. (CF)

**Exchange:** NYSE  
**Sector:** Basic Materials  
**Market cap:** $17.70B  
**Price:** $109.15 (-0.10%)

> CF Industries Holdings, Inc. is a leading global manufacturer of hydrogen and nitrogen products for clean energy, emissions abatement, fertilizer, and other industrial applications. The company operates manufacturing complexes in the United States, Canada, and the United Kingdom, producing ammonia as a core product, which is then upgraded into nitrogen fertilizers such as granular urea, urea ammonium nitrate (UAN), ammonium nitrate, and diesel exhaust fluid. It serves agricultural customers needing fertilizers to enhance crop yields and industrial clients across various sectors through an extensive storage, transportation, and distribution network primarily in North America. CF Industries Holdings, Inc. emphasizes safe operations, environmental stewardship, and efficient production at its world-scale facilities. Founded in 1946 and headquartered in Northbrook, Illinois, the company plays a pivotal role in the fertilizer manufacturing industry and supports the transition to low-carbon solutions in energy and agriculture.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $7.08B | $2.72B | $2.30B | — | — |
| 2024 | $5.94B | $2.06B | $1.75B | — | — |
| 2023 | $6.63B | $2.54B | $2.23B | — | — |
| 2022 | $11.19B | $5.86B | $5.40B | — | — |
| 2021 | $6.54B | $2.39B | $1.73B | — | — |
| 2020 | $4.12B | $801M | $623M | — | — |
| 2019 | $4.59B | $1.17B | $1.00B | — | — |
| 2018 | $4.43B | $917M | $766M | — | — |
| 2017 | $4.13B | $434M | $234M | — | — |
| 2016 | $3.69B | $843M | $138M | — | — |
| 2015 | $4.31B | $1.55B | $1.19B | — | — |
| 2014 | $4.74B | $1.78B | $2.37B | — | — |
| 2013 | $5.47B | $2.52B | $2.41B | — | — |
| 2012 | $6.10B | $3.11B | $2.96B | — | — |
| 2011 | $6.10B | $2.90B | $2.79B | $1.54B | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $14.09B | $9.25B | $4.84B | — | $3.21B |
| 2024 | $13.47B | $8.48B | $4.99B | — | $2.97B |
| 2023 | $14.38B | $8.66B | $5.72B | — | $2.97B |
| 2022 | $13.31B | $8.26B | $5.05B | — | $2.96B |
| 2021 | $12.38B | $9.17B | $3.21B | — | $3.46B |
| 2020 | $12.02B | $9.10B | $2.92B | — | $3.96B |
| 2019 | $12.17B | $9.28B | $2.90B | $287M | $3.96B |
| 2018 | $12.66B | $9.70B | $2.96B | $682M | $4.70B |
| 2017 | $13.46B | $9.88B | $3.58B | $835M | $4.69B |
| 2016 | $15.13B | $11.78B | $3.35B | $1.17B | $5.78B |
| 2015 | $12.68B | $8.65B | $4.04B | $309M | $5.54B |
| 2014 | $11.25B | $7.04B | $4.21B | $2.00B | $4.59B |
| 2013 | $10.68B | $5.60B | $5.08B | $1.71B | $3.10B |
| 2012 | $10.17B | $4.26B | $5.90B | $2.27B | $1.60B |
| 2011 | $8.97B | $4.43B | $4.55B | $1.21B | $1.61B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $2.75B | $950M | $1.80B |
| 2024 | $2.27B | $518M | $1.75B |
| 2023 | $2.76B | $499M | $2.26B |
| 2022 | $3.85B | $453M | $3.40B |
| 2021 | $2.87B | $514M | $2.36B |
| 2020 | $1.23B | $309M | $922M |
| 2019 | $1.50B | $404M | $1.10B |
| 2018 | $1.50B | $422M | $1.07B |
| 2017 | $1.63B | $473M | $1.16B |
| 2016 | $617M | $2.21B | -$1.59B |
| 2015 | $1.21B | $2.47B | -$1.26B |
| 2014 | $1.42B | $1.81B | -$388M |
| 2010 | $1.19B | $258M | $936M |
| 2009 | $682M | $236M | $446M |
| 2008 | $639M | $142M | $497M |

Source: [CompaniesByCap](https://companiesbycap.com/company/CF)