Operating Income for CF Industries Holdings (CF)
According to CF Industries Holdings's latest reported financial statements, the company's current operating income (TTM) is $2.60B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$2.60B
YoY change
+35.5%
5Y CAGR
+30.4%
Peak year (2022)
$5.60B
Cumulative operating income
$32.98B
Operating Income history chart for CF Industries Holdings (CF) from 2001 to 2025
Operating Income history table for CF Industries Holdings (CF) from 2001 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $2.37B | +35.5% | ||
| 2024 | $1.75B | -25.9% | ||
| 2023 | $2.36B | -57.9% | ||
| 2022 | $5.60B | +162.0% | ||
| 2021 | $2.14B | +240.4% | ||
| 2020 | $628.00M | -33.5% | ||
| 2019 | $945.00M | +36.2% | ||
| 2018 | $694.00M | +110.3% | ||
| 2017 | $330.00M | -38.8% | ||
| 2016 | $539.00M | -67.7% | ||
| 2015 | $1.67B | +3.5% | ||
| 2014 | $1.61B | -29.9% | ||
| 2013 | $2.30B | -23.8% | ||
| 2012 | $3.02B | +4.1% | ||
| 2011 | $2.90B | +159.4% | ||
| 2010 | $1.12B | +38.8% | ||
| 2009 | $804.60M | -35.4% | ||
| 2008 | $1.25B | +87.4% | ||
| 2007 | $664.30M | +305.6% | ||
| 2006 | $163.80M | +2.2% | ||
| 2005 | $160.20M | +7.4% | ||
| 2004 | $149.20M | -2764.3% | ||
| 2003 | -$5.60M | -70.2% | ||
| 2002 | -$18.80M | -86.0% | ||
| 2001 | -$134.30M | — |
Operating Income values are taken from CF Industries Holdings's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, CF Industries Holdings (CF) reported operating income of $2.37B – surged 35.5% year-over-year.
Through 2020–2025 (5 years), CF Industries Holdings operating income delivered a +30.4% annualised rate; with the latest reading among the more recent periods of the dataset.
CF Industries Holdings operating income peaked at $5.60B in 2022; the latest annual figure is $2.37B in 2025 (57.8% below peak).
The dataset's maximum operating income sits at $5.60B (2022); the minimum reading of -$134.30M dates to 2001.
Within Basic Materials, CF Industries Holdings (CF) ranks 9th among 8 peers we track. The peer median for operating income is $6.31B.
CF Industries Holdings Operating Income by Year
CF Industries Holdings Operating Income 2025: $2.37B
CF Industries Holdings operating income in 2025 was $2.37B, surged 35.5% from 2024.
CF Industries Holdings Operating Income 2024: $1.75B
CF Industries Holdings operating income in 2024 was $1.75B, declined 25.9% below 2023.
CF Industries Holdings Operating Income 2023: $2.36B
CF Industries Holdings operating income in 2023 was $2.36B, plunged 57.9% below 2022.
CF Industries Holdings Operating Income 2022: $5.60B
CF Industries Holdings operating income in 2022 was $5.60B, surged 162.0% from 2021. This figure represents the highest annual value in the available history.
CF Industries Holdings Operating Income 2021: $2.14B
CF Industries Holdings operating income in 2021 was $2.14B.
See more financial history for CF Industries Holdings (CF).
Sector peers — Operating Income
Companies in the same sector as CF Industries Holdings, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Newmont Corporation (NEM) | $10.35B | Basic Materials |
| Linde plc (LIN) | $8.94B | Basic Materials |
| Southern Copper Corporation (SCCO) | $7.00B | Basic Materials |
| Agnico Eagle Mines Limited (AEM) | $6.33B | Basic Materials |
| Freeport-McMoRan Inc. (FCX) | $6.29B | Basic Materials |
| CRH plc (CRH) | $4.53B | Basic Materials |
| The Sherwin-Williams Company (SHW) | $3.80B | Basic Materials |
| Ecolab Inc. (ECL) | $2.91B | Basic Materials |
Frequently asked questions
What is CF Industries Holdings's operating income?
- Latest reported operating income for CF Industries Holdings (CF) is $2.60B (period ending December 31, 2025).
How has CF Industries Holdings operating income changed year-over-year?
- CF Industries Holdings (CF) operating income changed +35.5% year-over-year on the latest annual filing.
What is the long-term growth rate of CF Industries Holdings operating income?
- CF Industries Holdings (CF) operating income compound annual growth rate is +30.4% over the most recent 5 years available.
When did CF Industries Holdings operating income hit its highest annual value?
- CF Industries Holdings operating income reached its highest annual value of $5.60B in 2022.
What was CF Industries Holdings operating income in 2024?
- CF Industries Holdings (CF) operating income in 2024 was $1.75B.
What was CF Industries Holdings operating income in 2025?
- CF Industries Holdings (CF) operating income in 2025 was $2.37B.
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