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Operating Margin for CF Industries Holdings (CF)

As of · Reported

Metric

TTM

35.7%

YoY change

+3.97pp

Trough year (2001)

-11.6%

Peak year (2022)

50.1%

Operating Margin history chart for CF Industries Holdings (CF) from 2001 to 2025

Latest: 33.4%

Operating Margin change chart for CF Industries Holdings (CF) from 2001 to 2025

Latest: +3.97pp

Operating Margin history table for CF Industries Holdings (CF) from 2001 to 2025

  • 202533.4%+3.97pp
  • 202429.4%-6.12pp
  • 202335.5%-14.55pp
  • 202250.1%+17.38pp
  • 202132.7%+17.47pp
  • 202015.2%-5.36pp
  • 201920.6%+4.92pp
  • 201815.7%+7.68pp
  • 20178.0%-6.64pp
  • 201614.6%-24.07pp
  • 201538.7%+4.72pp
  • 201434.0%-8.03pp
  • 201342.0%-7.43pp
  • 201249.4%+1.92pp
  • 201147.5%+19.34pp
  • 201028.2%-2.67pp
  • 200930.8%-0.91pp
  • 200831.8%+7.66pp
  • 200724.1%+15.70pp
  • 20068.4%+0.01pp
  • 20058.4%-0.64pp
  • 20049.0%+9.44pp
  • 2003-0.4%+1.45pp
  • 2002-1.9%+9.73pp
  • 2001-11.6%—

Operating 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 Operating Margin at CF Industries Holdings (CF)

According to CF Industries Holdings's latest reported financial statements, the company's latest reported operating margin is 35.7%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

2025's annual operating margin for CF Industries Holdings (CF) came in at 33.39% – expanded 4.0 percentage points year-over-year.

50.08% stands as the all-time-high annual operating margin, posted in 2022, against a low of -11.58% during 2001.

CF Industries Holdings Operating Margin by Year

CF Industries Holdings Operating Margin 2025: 33.4%

CF Industries Holdings posted operating margin of 33.39% in 2025, expanded 4.0 percentage points from 2024.

CF Industries Holdings Operating Margin 2024: 29.4%

In 2024, CF Industries Holdings reported operating margin of 29.41%, contracted 6.1 percentage points from 2023.

CF Industries Holdings Operating Margin 2023: 35.5%

CF Industries Holdings operating margin in 2023 was 35.53%, contracted 14.6 percentage points from 2022.

CF Industries Holdings Operating Margin 2022: 50.1%

2022's operating margin for CF Industries Holdings came in at 50.08%, expanded 17.4 percentage points from 2021. This figure represents the highest annual value in the available history.

CF Industries Holdings Operating Margin 2021: 32.7%

CF Industries Holdings operating margin in 2021 was 32.70%.

See more financial history for CF Industries Holdings (CF).

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Basic Materials peers of CF Industries Holdings (CF), ranked by their latest operating margin

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