CF Industries CF Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 39.1%+2.9pp | 38.5%+3.8pp | 36.9%+2.9pp | 35.6%+2.2pp | 36.2%+1.9pp | |
| Operating margin | 36.6%+5.6pp | 32.5%+3.1pp | 31.5%+2.6pp | 29.6%+2.2pp | 31%+2.9pp | |
| Net margin | 28.7%+2.7pp | 25.4%+0.5pp | 25.2%+1.1pp | 24.4%+1.9pp | 25.9%+2.5pp | |
| EBITDA margin | 48.8%+3.2pp | 45.1%+0.1pp | 44.8%+0.2pp | 43.6%+0.7pp | 45.5%+2.5pp | |
| Free cash flow margin | 21.9%-8.5pp | 25.4%-4.1pp | 25.4%-5.0pp | 27.7%+2.2pp | 30.3%+2.0pp | |
| Returns | ||||||
| Return on equity | 41.9%+10.8pp | 36.6%+9.0pp | 33.8%+7.4pp | 30.2%+6.7pp | 31.1%+4.9pp | |
| Return on assets | 15.2%+3.5pp | 13.1%+2.4pp | 12.1%+1.6pp | 11.5%+1.7pp | 11.7%+1.2pp | |
| Return on invested capital | 32%+8.5pp | 28.2%+6.6pp | 26.8%+3.9pp | 23.4%+2.6pp | 23.4%+1.4pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×+0.1× | 0.5×+0.1× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Inventory turnover | 12.5×-0.1× | 12.5×-0.1× | 12.7×0.0× | 13.4×+0.8× | 12.6×+1.2× | |
| Liquidity | ||||||
| Current ratio | 3.5×+0.9× | 3.4×+0.3× | 2.3×-0.5× | 3.2×-1.5× | 2.6×-1.3× | |
| Quick ratio | 3.2×+0.9× | 2.9×+0.2× | 2×-0.5× | 2.8×-1.3× | 2.2×-1.3× | |
| Cash ratio | 2.1×+0.6× | 2.2×+0.3× | 1.4×-0.4× | 2×-1.0× | 1.5×-1.1× | |
| Leverage | ||||||
| Debt-to-equity | 0.7×0.0× | 0.8×+0.1× | 0.7×+0.1× | 0.7×+0.1× | 0.7×+0.1× | |
| Debt-to-assets | 0.2×0.0× | 0.3×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Net debt / EBITDA | 0.4×-0.2× | 0.5×-0.1× | 0.5×0.0× | 0.6×0.0× | 0.7×+0.1× | |
| Interest coverage | 17.2×+1.6× | 14.8×+0.4× | 13.2×-2.7× | 15.9×+5.0× | 15.7×+4.1× | |
| Per Share | ||||||
| Book value per share | $34.58+22.1% | $29.83+8.1% | $30.08+3.4% | $30.43+1.9% | $28.32-2.1% | |
| Valuation | ||||||
| Market capitalization | $19.95B+53.3% | $12.06B-18.8% | $14.53B-6.1% | $15.34B+13.2% | $13.01B-16.7% | |
| Enterprise value | $21.52B+44.5% | $13.72B-16.8% | $16.09B-4.5% | $16.98B+13.6% | $14.9B-12.7% | |
| Price / earnings | 9.4×+1.2× | 6.7×-3.3× | 8.6×-2.2× | 9.7×-0.5× | 8.2×-2.8× | |
| Price / sales | 2.7×+0.6× | 1.7×-0.8× | 2.2×-0.4× | 2.4×+0.1× | 2.1×-0.4× | |
| Price / book | 3.7×+1.0× | 2.5×-0.5× | 3×0.0× | 3.1×+0.6× | 2.7×-0.1× | |
| EV / EBITDA | 6×+0.6× | 4.3×-1.9× | 5.3×-1.0× | 6×+0.1× | 5.3×-1.2× | |
| EV / sales | 2.9×+0.5× | 1.9×-0.8× | 2.4×-0.4× | 2.6×+0.1× | 2.4×-0.4× | |
| Free cash flow yield | 8.1%-6.2pp | 14.9%+3.1pp | 11.8%0.0pp | 11.7%+0.6pp | 14.3%+3.2pp | |
| Earnings yield | 10.6%-1.6pp | 14.9%+5.0pp | 11.7%+2.4pp | 10.3%+0.5pp | 12.2%+3.1pp | |
| Dividend yield | 1.6%-1.1pp | 2.7%+0.3pp | 2.3%0.0pp | 2.2%-0.3pp | 2.7%+0.6pp | |
| PEG ratio | 0.3×-0.4× | 0.3×— | 0.5×— | 0.5×— | 0.7×— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are CF Industries's profit margins?
- CF Industries (CF) runs a 39.1% gross margin and a 36.6% operating margin, with a 28.7% net margin.
- Where do CF Industries's ratios come from?
- Every ratio is computed from CF Industries's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
