CF Industries Holdings (CF) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

CF Industries Holdings

NYSE•Basic Materials•Agricultural Inputs

$133.82+1.83(0.01%)Pre-market

Market Cap

$20.55B

P/E

8.2x

P/S

2.7x

P/B

3.6x

CF Industries Holdings, Inc., together with its subsidiaries, engages in the production of ammonia in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments. The company offers ammonia products; nitrogen products, such as granular urea, urea ammonium nitrate solution, and ammonium nitrate; diesel exhaust fluid, urea liquor, and nitric acid products. It serves cooperatives, retailers, independent fertilizer distributors, traders, wholesalers, and industrial users. The company was founded in 1946 and is headquartered in Northbrook, Illinois.

How this company scores

ExcellentMetricSide Score: 89/100

Strongest: Profitability (25/25); weakest: Cash & Earnings Quality (19/25).

Profitability25/25

Growth25/25

Balance Sheet & Red Flags20/25

Cash & Earnings Quality19/25

Strengths

Growing revenueStrong marginsHigh ROERising earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 8.2x5y range 4.0x – 23.4x

Currently near its 20-quarter median.

P/S · 2.7x5y range 1.4x – 2.9x

Currently near its 20-quarter median.

P/B · 3.6x5y range 2.4x – 5.3x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

FCF consistently trails net income (avg 1.0x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $20.55B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $7.74B
Q. Revenue: $2.22B
TTM EBITDA: $4.07B
TTM Op. Income: $3.18B
Q. Op. Income: $1.12B
TTM Net Income: $2.50B
Q. Net Income: $869.00M
EPS: $4.74
Shares Out.: $153.60M

$7.74B in TTM revenue grew 20.0% YoY, reaching $2.22B last quarter. TTM EBITDA of $4.07B and TTM operating income of $3.18B show growth is flowing through to the bottom line. TTM net income of $2.50B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 6 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 51.5%
EBITDA Margin: 60.1%
Op. Margin: 50.5%
Net Margin: 39.1%

Op. margin of 50.5% is up 16.2% YoY — cost efficiency is improving. Net margin at 39.1% and gross margin of 51.5% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 8.2x
P/S Ratio: 2.7x
P/B Ratio: 3.6x

At 8.2x P/E, the stock trades below typical market levels. P/S of 2.7x and P/B of 3.6x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is down 14% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $15.10B
Cash: $2.48B
Long-Term Debt: $3.22B
Book Value: $5.75B
D/E Ratio: 0.6
Debt/EBITDA: 2.4

With $15.10B in assets and $3.22B in long-term debt, D/E is 0.6and book value is $5.75B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $878.00M
TTM Free Cash Flow: $1.91B
FCF Margin: 24.7%
FCF / Net Income: 0.8

TTM FCF of $1.91B on $878.00M in operating cash flow. The FCF / Net Income ratio of 0.8x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 7% — an improving trend.