CF Industries Holdings, Inc. (CF) Financial Statements
CF Industries financial statements at a glance
CF Industries reported revenue of $7.08 billion for fiscal year 2025 (ended December 31, 2025), up 19.3% from fiscal year 2024. Net income was $1.46 billion, a net margin of 20.5%.
At the end of fiscal year 2025 it had total assets of $14.09 billion, total liabilities of $9.25 billion and shareholders' equity of $4.84 billion, with total debt of $3.22 billion.
Its operations brought in $2.75 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
CF Industries Holdings, Inc.
Income Statement
Annual • USD
CF Industries key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $7.1B | $5.9B | $6.6B | $11.2B | $6.5B |
| Gross profit | $2.7B | $2.1B | $2.5B | $5.9B | $2.4B |
| Operating income | $2.3B | $1.7B | $2.2B | $5.4B | $2.2B |
| Net income | $1.5B | $1.2B | $1.5B | $3.3B | $917.0M |
| Diluted EPS | – | – | – | – | $4.24 |
| Total assets | $14.1B | $13.5B | $14.4B | $13.3B | $12.4B |
| Total liabilities | $9.3B | $8.5B | $8.7B | $8.3B | $6.3B |
| Shareholders' equity | $4.8B | $5.0B | $5.7B | $5.1B | $3.2B |
| Cash | – | – | – | – | $1.6B |
| Total debt | $3.2B | $3.0B | $3.0B | $3.0B | $3.7B |
| Operating cash flow | $2.8B | $2.3B | $2.8B | $3.9B | $2.9B |
| Capital spending | – | – | – | – | $524.0M |
| Free cash flow | – | – | – | – | $2.3B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was CF Industries's revenue in fiscal year 2025?
$7.08 billion, up 19.3% from $5.94 billion in fiscal year 2024.
How much profit does CF Industries make?
CF Industries reported net income of $1.46 billion for fiscal year 2025 (20.5% of revenue); operating income was $2.29 billion.
How much cash and debt does CF Industries have?
At the end of fiscal year 2025: total debt of $3.22 billion.
