CF Industries Earnings: Shares Rise on Improved Near-Term Nitrogen Outlook; Maintaining Valuation
CF Industries reported solid third-quarter results as higher nitrogen prices and volumes generated a 25% growth in adjusted EBITDA year over year.
CF Industries Holdings Inc CF
Bulls Say, Bears Say
Bulls
High shipping and storage costs for importers of nitrogen fertilizer limit the competition CF faces in North American markets from outside regions with low natural gas costs.
Bears
Soybeans, which do not require nitrogen fertilizer, have seen a growing share of planted acres in North America, hurting nitrogen fertilizer demand.
News
CF Industries Holdings, Inc. Reports First Nine Months 2026 Net Earnings of $1.78 Billion, Adjusted EBITDA of $3.01 Billion
CF Industries Holdings, Inc. Declares Quarterly Dividend and Confirms Dates for Third Quarter 2026 Results and Conference Call
CF Industries, JERA Co., and Mitsui & Co., Ltd., Break Ground on Blue Point One, the World’s Largest Low-Carbon Ammonia Plant in Louisiana
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Trading Information
- Previous Close Price
- $122.36
- Day Range
- $121.37–123.40
- 52-Week Range
- $75.42–141.96
- Bid/Ask
- $123.00 / $123.78
- Shares Outstanding
- 146.28M
- Market Cap
- $18.03B
- Volume/Avg
- 1M / 3M
Key Statistics
- Price/Earnings (Normalized)
- 8.69
- Price/Sales
- 2.39
- Dividend Yield (Trailing)
- 1.70%
- Dividend Yield (Forward)
- 1.95%
- Dividend Payment Schedule
- Feb, May, Aug, Nov
- Total Yield
- 7.10%
Company Profile
CF Industries is a leading producer and distributor of nitrogen, which is primarily used in fertilizers. The company operates nitrogen manufacturing plants primarily in North America. CF also produces nitrogen in the United Kingdom and holds a joint venture interest in a nitrogen production facility in Trinidad and Tobago. CF makes nitrogen primarily using low-cost US natural gas as its feedstock, making the company one of the lowest-cost nitrogen producers globally. It is also investing in carbon-free blue and green ammonia, which can be used as an alternative fuel to hydrogen or as a means to transport hydrogen.
- Sector
- Basic Materials
- Industry
- Agricultural Inputs
- Stock Style Box
- Mid Value
- Total Number of Employees
- 2,900
- Website
- https://www.cfindustries.com
Competitors
Valuation
Metric | CF | APD | NTR |
|---|---|---|---|
Price/Earnings (Normalized) | 8.69 | 93.80 | 16.14 |
Price/Book Value | 3.20 | 4.91 | 1.33 |
Price/Sales | 2.39 | 5.41 | 1.25 |
Price/Cash Flow | 5.83 | 14.69 | 7.58 |
Price/Earnings
CF
APD
NTR
Financial Strength
Metric | CF | APD | NTR |
|---|---|---|---|
Quick Ratio | 2.53 | 0.78 | 0.85 |
Current Ratio | 2.98 | 1.08 | 1.41 |
Interest Coverage | 11.37 | 0.63 | 4.93 |
Quick Ratio
CF
APD
NTR
Profitability
Metric | CF | APD | NTR |
|---|---|---|---|
Return on Assets (Normalized) | 16.86% | — | 4.14% |
Return on Equity (Normalized) | 47.11% | — | 8.60% |
Return on Invested Capital (Normalized) | 21.87% | — | 6.97% |
Return on Assets
CF
APD
NTR
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United States