CF Industries CF Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Sales by Business | ||||||
| Ammonia | $2.28B+4.9% | $2.18B+6.7% | $2.04B+5.4% | $1.94B+4.4% | $1.85B+6.8% | |
| AN | $378M-10.2% | $421M-4.5% | $441M+3.8% | $425M+4.7% | $406M-3.1% | |
| Granular Urea | $1.93B+8.5% | $1.78B+1.4% | $1.76B+2.0% | $1.72B+5.5% | $1.63B+2.0% | |
| Other | $540M-0.9% | $545M+3.0% | $529M+4.5% | $506M-1.6% | $514M+2.2% | |
| Other Products | $540M-0.9% | $545M+3.0% | $529M+4.5% | $506M-1.6% | $514M+2.2% | |
| UAN | $2.27B+5.2% | $2.16B+9.8% | $1.97B+6.0% | $1.86B+7.8% | $1.72B+2.7% | |
| Gross Profit by Business | ||||||
| Ammonia | $723M+6.0% | $682M+8.6% | $628M+4.1% | $603M-1.8% | $614M+24.5% | |
| AN | $52M-34.2% | $79M-16.8% | $95M+8.0% | $88M+2.3% | $86M+8.9% | |
| Granular Urea | $919M+9.8% | $837M+4.9% | $798M+7.1% | $745M+7.5% | $693M+2.8% | |
| Other | $175M-14.6% | $205M+0.5% | $204M+3.6% | $197M-9.6% | $218M+8.5% | |
| UAN | $1.03B+11.7% | $921M+21.5% | $758M+14.5% | $662M+8.9% | $608M-0.2% | |
| Other segment items by Business | ||||||
| Ammonia | $534M+5.1% | $508M+1.4% | $501M+6.4% | $471M+5.1% | $448M-4.1% | |
| AN | $242M+0.8% | $240M+2.6% | $234M+3.5% | $226M+0.9% | $224M-5.9% | |
| Granular Urea | $371M+7.2% | $346M-3.4% | $358M-1.9% | $365M+3.1% | $354M-4.1% | |
| Other | $177M+14.2% | $155M+2.6% | $151M+4.9% | $144M+2.9% | $140M-4.1% | |
| UAN | $430M+1.2% | $425M+2.2% | $416M+2.5% | $406M+7.1% | $379M+1.1% | |
| Cost of Sales by Business | ||||||
| Ammonia | $1.56B+4.4% | $1.49B+5.8% | $1.41B+5.9% | $1.33B+7.5% | $1.24B-0.2% | |
| AN | $326M-4.7% | $342M-1.2% | $346M+2.7% | $337M+5.3% | $320M-5.9% | |
| Granular Urea | $1.01B+7.3% | $944M-1.6% | $959M-1.8% | $977M+4.0% | $939M+1.4% | |
| Other | $365M+7.4% | $340M+4.6% | $325M+5.2% | $309M+4.4% | $296M-2.0% | |
| UAN | $1.25B+0.4% | $1.24B+2.4% | $1.21B+1.3% | $1.2B+7.3% | $1.12B+4.3% | |
| Natural gas, including the impact of realized derivatives by Business | ||||||
| Ammonia | $457M+6.0% | $431M+7.8% | $400M+11.1% | $360M+17.3% | $307M+8.5% | |
| AN | $30M-23.1% | $39M-9.3% | $43M+2.4% | $42M+27.3% | $33M-2.9% | |
| Granular Urea | $336M+11.6% | $301M+2.4% | $294M+1.4% | $290M+11.5% | $260M+7.9% | |
| Other | $55M+3.8% | $53M+8.2% | $49M+8.9% | $45M+9.8% | $41M+10.8% | |
| UAN | $348M+2.7% | $339M+5.3% | $322M+4.9% | $307M+17.6% | $261M+11.5% | |
| D&A by Business | ||||||
| Ammonia | $294M+5.0% | $280M+8.9% | $257M+3.6% | $248M+1.2% | $245M-8.9% | |
| AN | $28M-15.2% | $33M-10.8% | $37M0.0% | $37M+8.8% | $34M-12.8% | |
| Granular Urea | $258M+2.0% | $253M-5.6% | $268M-5.0% | $282M-1.4% | $286M+0.7% | |
| Other | $68M+4.6% | $65M+8.3% | $60M+3.4% | $58M+7.4% | $54M-11.5% | |
| UAN | $256M-3.4% | $265M-0.7% | $267M-3.3% | $276M+1.5% | $272M+1.5% | |
| Goodwill by Business | ||||||
| Ammonia | $3.92B0.0% | $3.92B0.0% | $3.92B— | —— | —— | |
| AN | $276M0.0% | $276M0.0% | $276M— | —— | —— | |
| Granular Urea | $3.31B0.0% | $3.31B0.0% | $3.31B— | —— | —— | |
| Other | $156M0.0% | $156M0.0% | $156M— | —— | —— | |
| UAN | $2.3B0.0% | $2.3B0.0% | $2.3B— | —— | —— | |
| Freight by Business | ||||||
| Ammonia | $52M0.0% | $52M-1.9% | $53M+3.9% | $51M0.0% | $51M+2.0% | |
| AN | $26M-13.3% | $30M-6.3% | $32M+3.2% | $31M+10.7% | $28M-3.4% | |
| Granular Urea | $37M+12.1% | $33M+13.8% | $29M-6.5% | $31M+6.9% | $29M-9.4% | |
| Other | $62M-3.1% | $64M+3.2% | $62M+3.3% | $60M-1.6% | $61M+3.4% | |
| UAN | $148M0.0% | $148M+3.5% | $143M+2.1% | $140M-2.1% | $143M+0.7% | |
| Effect of exchange rate changes by Business | ||||||
| Ammonia | -$250K-125% | $1M+100% | $500K— | $0+100% | -$500K+50.0% | |
| AN | $0— | $0— | $0— | $0— | $0— | |
| Granular Urea | $0— | $0— | $0— | $0— | $0— | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| UAN | $0— | $0— | $0— | $0— | $0— | |
| Unrealized net mark-to-market (gain) loss on natural gas derivatives by Business | ||||||
| Ammonia | -$4M-100% | -$2M-108% | $26M0.0% | $26M0.0% | $26M-29.7% | |
| Granular Urea | $0+100% | -$1M-106% | $18M0.0% | $18M0.0% | $18M-33.3% | |
| UAN | -$2M— | $0-100% | $21M+10.5% | $19M0.0% | $19M-32.1% | |
| Distribution and storage by Business | ||||||
| Ammonia | $223M+0.9% | $221M+10.0% | $201M-1.0% | $203M+7.4% | $189M+1.1% | |
| Granular Urea | $11M+10.0% | $10M0.0% | $10M+11.1% | $9M-10.0% | $10M+11.1% | |
| UAN | $63M+3.3% | $61M-4.7% | $64M-3.0% | $66M+11.9% | $59M-1.7% | |
| Net Sales by Geography | ||||||
| Europe and Other | $1.06B-2.6% | $1.09B+5.3% | $1.04B+4.7% | $989M-0.2% | $991M+8.8% | |
| North America | $6.35B+5.9% | $5.99B+5.1% | $5.7B+4.5% | $5.46B+6.2% | $5.14B+2.2% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does CF Industries break its business down?
- CF Industries (CF) reports net sales by business across 6 parts — Ammonia, AN, Granular Urea, Other and Other Products. Each is extracted from the segment footnotes and tracked over time.
- Where does CF Industries's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in CF Industries's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
