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CF Industries CF Business Segments

FY'25FY'24FY'23FY'22
Net Sales by Business
Ammonia$2.18B+25.3%$1.74B+3.4%$1.68B-45.7%$3.09B+72.9%
AN$421M+0.5%$419M-15.7%$497M-41.2%$845M+65.7%
Granular Urea$1.78B+11.3%$1.6B-12.2%$1.82B-37.0%$2.89B+53.8%
Other$545M+8.3%$503M-10.8%$564M-28.3%$787M+37.3%
Other Products$545M+8.3%$503M-10.8%$564M-28.3%$787M+37.3%
UAN$2.16B+28.8%$1.68B-18.9%$2.07B-42.1%$3.57B+99.8%
Gross Profit by Business
Ammonia$682M+38.3%$493M-8.9%$541M-66.2%$1.6B+156%
AN$79M0.0%$79M-42.8%$138M-44.4%$248M+609%
Granular Urea$837M+24.2%$674M-17.1%$813M-48.0%$1.56B+76.1%
Other$205M+2.0%$201M-14.8%$236M-35.7%$367M+116%
UAN$921M+51.2%$609M-25.5%$817M-60.8%$2.08B+211%
Other segment items by Business
Ammonia$508M+8.8%$467M+39.8%$334M-25.3%$447M
AN$240M+0.8%$238M+0.8%$236M+18.0%$200M
Granular Urea$346M-6.2%$369M+15.3%$320M-12.1%$364M
Other$155M+6.2%$146M+6.6%$137M+7.0%$128M
UAN$425M+13.3%$375M-2.3%$384M+11.0%$346M
Cost of Sales by Business
Ammonia$1.49B+20.2%$1.24B+9.2%$1.14B-23.7%$1.49B+28.3%
AN$342M+0.6%$340M-5.3%$359M-39.9%$597M+25.7%
Granular Urea$944M+1.9%$926M-8.3%$1.01B-23.9%$1.33B+33.9%
Other$340M+12.6%$302M-7.9%$328M-21.9%$420M+4.2%
UAN$1.24B+16.0%$1.07B-14.5%$1.25B-16.0%$1.49B+33.1%
Natural gas, including the impact of realized derivatives by Business
Ammonia$431M+52.3%$283M-30.5%$407M-38.3%$660M
AN$39M+14.7%$34M-33.3%$51M-82.8%$296M
Granular Urea$301M+24.9%$241M-33.6%$363M-42.6%$632M
Other$53M+43.2%$37M-41.3%$63M-60.4%$159M
UAN$339M+44.9%$234M-36.2%$367M-40.0%$612M
D&A by Business
Ammonia$280M+4.1%$269M+54.6%$174M+4.8%$166M
AN$33M-15.4%$39M-18.8%$48M-21.3%$61M
Granular Urea$253M-10.9%$284M-0.4%$285M+4.8%$272M
Other$65M+6.6%$61M-4.7%$64M-4.5%$67M
UAN$265M-1.1%$268M-6.9%$288M+7.1%$269M
Goodwill by Business
Ammonia$3.92B$2.31B-1.2%
AN$276M$276M-64.2%
Granular Urea$3.31B$3.31B0.0%
Other$156M$156M-34.5%
UAN$2.3B$2.3B0.0%
Freight by Business
Ammonia$52M+4.0%$50M+19.0%$42M-16.0%$50M
AN$30M+3.4%$29M+20.8%$24M-40.0%$40M
Granular Urea$33M+3.1%$32M-25.6%$43M+10.3%$39M
Other$64M+8.5%$59M-9.2%$65M+6.6%$61M
UAN$148M+4.2%$142M-9.0%$156M-13.3%$180M
Effect of exchange rate changes by Business
Ammonia$1M+200%-$1M
AN$0$0$0
Granular Urea$0$0$0
Other$0$0$0
UAN$0$0$0
Unrealized net mark-to-market (gain) loss on natural gas derivatives by Business
Ammonia-$2M-105%$37M+236%$11M+185%-$13M
Granular Urea-$1M-104%$27M+145%$11M+185%-$13M
UAN$0-100%$28M+155%$11M+179%-$14M
Distribution and storage by Business
Ammonia$221M+18.2%$187M-2.6%$192M+23.9%$155M
Granular Urea$10M+11.1%$9M-10.0%$10M+25.0%$8M
UAN$61M+1.7%$60M-10.4%$67M-1.5%$68M
Net Sales by Geography
Europe and Other$1.09B+19.6%$911M-16.6%$1.09B-44.7%$1.98B+146%
North America excluding United States and Canada$58M-19.4%$72M-4.0%$75M-49.7%$149M+88.6%
North America$5.99B+19.3%$5.03B-9.3%$5.54B-39.9%$9.21B+60.6%
Other foreign$712M+21.9%$584M-21.8%$747M-44.0%$1.33B+291%

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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.