TTM
21.9%
YoY change
−4.09pp
Trough year (2016)
-43.3%
Peak year (2021)
35.9%
Latest annual
25.4%
FCF Margin history chart for CF Industries Holdings (CF) from 2003 to 2025
Latest: 25.4%
FCF Margin change chart for CF Industries Holdings (CF) from 2003 to 2025
Latest: −4.09pp
FCF Margin history table for CF Industries Holdings (CF) from 2003 to 2025
| 2025 | 25.4% | -4.09pp | ||
| 2024 | 29.5% | -4.49pp | ||
| 2023 | 34.0% | +3.69pp | ||
| 2022 | 30.3% | -5.60pp | ||
| 2021 | 35.9% | +13.57pp | ||
| 2020 | 22.4% | -1.63pp | ||
| 2019 | 24.0% | -0.28pp | ||
| 2018 | 24.3% | -3.77pp | ||
| 2017 | 28.0% | +71.30pp | ||
| 2016 | -43.3% | -13.88pp | ||
| 2015 | -29.4% | -20.94pp | ||
| 2014 | -8.4% | -20.18pp | ||
| 2013 | 11.7% | -18.60pp | ||
| 2012 | 30.3% | +0.30pp | ||
| 2011 | 30.0% | +6.42pp | ||
| 2010 | 23.6% | +6.51pp | ||
| 2009 | 17.1% | +4.43pp | ||
| 2008 | 12.7% | -8.55pp | ||
| 2007 | 21.2% | +13.82pp | ||
| 2006 | 7.4% | +3.85pp | ||
| 2005 | 3.6% | -15.26pp | ||
| 2004 | 18.8% | +22.21pp | ||
| 2003 | -3.4% | — |
- 202525.4%-4.09pp
- 202429.5%-4.49pp
- 202334.0%+3.69pp
- 202230.3%-5.60pp
- 202135.9%+13.57pp
- 202022.4%-1.63pp
- 201924.0%-0.28pp
- 201824.3%-3.77pp
- 201728.0%+71.30pp
- 2016-43.3%-13.88pp
- 2015-29.4%-20.94pp
- 2014-8.4%-20.18pp
- 201311.7%-18.60pp
- 201230.3%+0.30pp
- 201130.0%+6.42pp
- 201023.6%+6.51pp
- 200917.1%+4.43pp
- 200812.7%-8.55pp
- 200721.2%+13.82pp
- 20067.4%+3.85pp
- 20053.6%-15.26pp
- 200418.8%+22.21pp
- 2003-3.4%—
FCF Margin values are taken from CF Industries Holdings's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at CF Industries Holdings (CF)
According to CF Industries Holdings's latest reported financial statements, the company's latest reported free cash flow margin is 21.9%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual free cash flow margin for CF Industries Holdings (CF) came in at 25.44% – contracted 4.1 percentage points year-over-year.
2021 marks the peak free cash flow margin at 35.93%, with the historical low of -43.26% recorded in 2016.
CF Industries Holdings FCF Margin by Year
CF Industries Holdings FCF Margin 2025: 25.4%
CF Industries Holdings posted free cash flow margin of 25.44% in 2025, contracted 4.1 percentage points from 2024.
CF Industries Holdings FCF Margin 2024: 29.5%
In 2024, CF Industries Holdings reported free cash flow margin of 29.53%, contracted 4.5 percentage points from 2023.
CF Industries Holdings FCF Margin 2023: 34.0%
CF Industries Holdings free cash flow margin in 2023 was 34.02%, expanded 3.7 percentage points from 2022.
CF Industries Holdings FCF Margin 2022: 30.3%
2022's free cash flow margin for CF Industries Holdings came in at 30.33%, contracted 5.6 percentage points from 2021.
CF Industries Holdings FCF Margin 2021: 35.9%
CF Industries Holdings free cash flow margin in 2021 was 35.93%.
See more financial history for CF Industries Holdings (CF).
Sector peers by FCF Margin
Basic Materials peers of CF Industries Holdings (CF), ranked by their latest free cash flow margin
| 50.3% | |
| 33.6% | |
| 29.4% | |
| 23.6% | |
| 14.7% | |
| 12.1% | |
| 11.4% | |
| 5.1% |
- 50.3%
- 14.7%
- 11.4%
- 5.1%
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