CF Industries Holdings, Inc. engages in the manufacture and distribution of nitrogen fertilizer. The firm owns and operates nitrogen plants and serves agricultural and industrial customers through its distribution system. It operates through following segments: Ammonia, Granular Urea, UAN, AN, and Other. The Ammonia segment produces anhydrous ammonia, which is company's most concentrated nitrogen fertilizer product as it contains 82% nitrogen. The Granular Urea segment produces granular urea, which contains 46% nitrogen. The UAN segment produces urea ammonium nitrate solution, which is a liquid fertilizer product with a nitrogen content from 28% to 32%, is produced by combining urea and ammonium nitrate. The AN segment produces ammonium nitrate, which is a nitrogen-based product with a nitrogen content between 29% and 35%. The Other segment includes diesel exhaust fluid, nitric acid, urea liquor and aqua ammonia. The company was founded in 1946 and is headquartered in Deerfield, IL.
Highlights
CF's quick ratio has soared by 63% since the previous quarter and by 18% year-on-year
The company's debt fell by 15% YoY and by 11% QoQ
CF's P/E is 20% below its 5-year quarterly average of 24.6 but 9% above its last 4 quarters average of 18.1
CF's equity is down by 6% YoY but it is up by 5% from the previous quarter
CF Industries Holdings's net income has decreased by 20% QoQ and by 16% YoY
CF's EPS is down by 18% since the previous quarter and by 14% year-on-year
Key stats
What are the main financial stats of CF
Market
Shares outstanding
213.88M
Market cap
$7.41B
Enterprise value
$11.09B
Valuations
Price to earnings (P/E)
19.79
Price to book (P/B)
2.58
Price to sales (P/S)
1.74
EV/EBIT
16.62
EV/EBITDA
7.14
EV/Sales
2.6
Earnings
Revenue
$4.26B
EBIT
$667M
EBITDA
$1.55B
Free cash flow
$1.17B
Per share
EPS
$1.75
Free cash flow per share
$5.45
Book value per share
$13.44
Revenue per share
$19.87
TBVPS
$44.77
Balance sheet
Total assets
$11.95B
Total liabilities
$6.37B
Debt
$4.24B
Equity
$2.87B
Working capital
$521M
Liquidity
Debt to equity
1.48
Current ratio
1.85
Quick ratio
1.32
Net debt/EBITDA
2.37
Margins
EBITDA margin
36.4%
Gross margin
23.3%
Net margin
8.9%
Operating margin
18.7%
Efficiency
Return on assets
3.1%
Return on equity
13.2%
Return on invested capital
5.1%
Return on capital employed
5.9%
Return on sales
15.6%
Dividend
Dividend yield
3.46%
DPS
$1.2
Payout ratio
68.6%
CF stock price
How has the CF Industries Holdings stock price performed over time
Financial performance
How have CF Industries Holdings's revenue and profit performed over time
Revenue
$4.26B
Gross profit
$993M
Operating income
$797M
Net income
$378M
Gross margin
23.3%
Net margin
8.9%
The company's operating income fell by 20% QoQ and by 16% YoY
CF Industries Holdings's net income has decreased by 20% QoQ and by 16% YoY
CF's gross profit is down by 14% QoQ and by 12% YoY
The operating margin has contracted by 14% from the previous quarter and by 8% YoY
Growth
What is CF Industries Holdings's growth rate over time
Valuation
What is CF Industries Holdings stock price valuation
P/E
19.79
P/B
2.58
P/S
1.74
EV/EBIT
16.62
EV/EBITDA
7.14
EV/Sales
2.6
CF's P/E is 20% below its 5-year quarterly average of 24.6 but 9% above its last 4 quarters average of 18.1
CF's EPS is down by 18% since the previous quarter and by 14% year-on-year
The price to book (P/B) is 11% lower than the last 4 quarters average of 2.9
CF's equity is down by 6% YoY but it is up by 5% from the previous quarter
The price to sales (P/S) is 13% lower than the 5-year quarterly average of 2.0 and 3.3% lower than the last 4 quarters average of 1.8
The company's revenue fell by 9% YoY and by 7% QoQ
Efficiency
How efficient is CF Industries Holdings business performance
The ROIC has decreased by 20% from the previous quarter and by 16% YoY
The return on equity has declined by 18% since the previous quarter and by 10% year-on-year
The company's return on assets fell by 16% QoQ and by 11% YoY
CF's ROS is down by 15% since the previous quarter and by 13% year-on-year
Dividends
What is CF's dividend history
DPS
$1.2
Dividend yield
3.46%
Payout ratio
68.6%
Recent dividends
Financial health
How did CF Industries Holdings financials performed over time
CF Industries Holdings's total assets is 88% more than its total liabilities
CF's quick ratio has soared by 63% since the previous quarter and by 18% year-on-year
The company's current ratio has surged by 54% QoQ and by 29% YoY
The company's debt is 48% higher than its equity
The company's debt fell by 15% YoY and by 11% QoQ
The debt to equity is down by 15% since the previous quarter and by 9% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.