CF Industries Financial Statements
NYSE: CFIndustrialsAgricultural ChemicalsUSD
Market open · Delayed 15 min · as of Oct 9, 3:58 PM ET
CF Industries revenue and earnings
In fiscal 2025, CF Industries generated $7.08 billion in revenue, up 19.3% from fiscal 2024. Net income was $1.80 billion (+21.7% year over year), for a net margin of 25.4% versus a median of 24.9% in the prior 5 years. Gross margin was 38.5% (up from 34.6%) and operating margin 32.5%.
Diluted earnings per share came in at $8.97, up from $6.74. Over the last 5 fiscal years, CF's revenue has grown at a 11.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
CF Industries income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20152015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.08B | 5.94B | 6.63B | 11.19B | 6.54B | 4.12B | 4.59B | 4.43B | 4.13B | 4.31B |
| Revenue growth (YoY) | +19.34% | -10.48% | -40.72% | +71.09% | +58.54% | -10.15% | +3.64% | +7.24% | -4.13% | -9.17% |
| Cost of Revenue | 4.36B | 3.88B | 4.09B | 5.33B | 4.15B | 3.32B | 3.42B | 3.51B | 3.70B | 2.76B |
| Gross Profit | 2.72B | 2.06B | 2.54B | 5.86B | 2.39B | 801.00M | 1.17B | 917.00M | 434.00M | 1.55B |
| Operating Expenses | 424.00M | 310.00M | 315.00M | 464.00M | 658.00M | 178.00M | 171.00M | 151.00M | 200.00M | 354.00M |
| Selling, General & Admin | 364.00M | 320.00M | 289.00M | 290.00M | 223.00M | 206.00M | 239.00M | 214.00M | 191.00M | 170.00M |
| Operating Income | 2.30B | 1.75B | 2.23B | 5.40B | 1.73B | 623.00M | 1.00B | 766.00M | 234.00M | 1.19B |
| Interest Expense | 155.00M | 121.00M | 150.00M | 344.00M | 184.00M | 179.00M | 237.00M | 241.00M | 315.00M | 133.00M |
| Other Income (Expense) | 19.00M | 14.00M | 10.00M | -15.00M | 16.00M | 1.00M | 7.00M | 9.00M | 3.00M | -4.00M |
| Pretax Income | 2.24B | 1.76B | 2.25B | 5.09B | 1.54B | 463.00M | 772.00M | 547.00M | -125.00M | 1.06B |
| Income Tax | 441.00M | 285.00M | 410.00M | 1.16B | 283.00M | 31.00M | 126.00M | 119.00M | -575.00M | 396.00M |
| Net Income | 1.80B | 1.48B | 1.84B | 3.94B | 1.26B | 432.00M | 646.00M | 428.00M | 450.00M | 734.00M |
| Net Income growth (YoY) | +21.73% | -19.64% | -53.31% | +212.46% | +191.67% | -33.13% | +50.93% | -4.89% | -38.69% | -48.92% |
| EPS (Basic) | 8.98 | 6.75 | 7.89 | 16.45 | 4.27 | 1.48 | 2.24 | 1.25 | 1.53 | 2.97 |
| EPS (Diluted) | 8.97 | 6.74 | 7.87 | 16.38 | 4.24 | 1.47 | 2.23 | 1.24 | 1.53 | 2.96 |
| Shares Outstanding (Basic) | 162.10M | 180.40M | 193.30M | 203.30M | 215.00M | 214.90M | 220.20M | 232.60M | 233.50M | 235.30M |
| Shares Outstanding (Diluted) | 162.20M | 180.70M | 193.80M | 204.20M | 216.20M | 215.20M | 221.60M | 233.80M | 233.90M | 236.10M |
| EBITDA | 3.20B | 2.67B | 3.10B | 6.25B | 2.62B | 1.51B | 1.88B | 1.65B | 1.12B | 1.67B |
| Gross Margin | 38.45% | 34.64% | 38.38% | 52.40% | 36.51% | 19.42% | 25.58% | 20.70% | 10.51% | 35.91% |
| Operating Margin | 32.47% | 29.41% | 33.63% | 48.25% | 26.45% | 15.11% | 21.85% | 17.30% | 5.67% | 27.69% |
| Net Margin | 25.38% | 24.88% | 27.72% | 35.20% | 19.27% | 10.48% | 14.07% | 9.66% | 10.90% | 17.04% |
This table shows 10 annual periods of CF Industries's income statement, from FY 2025 back to FY 2015, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CF's reporting calendar. What is a income statement?