Question 1

What is CF Industries Holdings's P/E ratio?

Accepted Answer

CF Industries Holdings (CF) P/E ratio is 10.0× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for CF Industries Holdings?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For CF Industries Holdings specifically, the relevant sector benchmark is the current sector median of 21.8×.

Question 5

Is CF Industries Holdings's P/E ratio high or low?

Accepted Answer

CF Industries Holdings's P/E ratio of 10.0× is below its own 5-year average of 12.2× and below the sector median of 21.8×. That places the current reading at the 37th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is CF Industries Holdings's historical P/E ratio range?

Accepted Answer

In the available daily series, CF Industries Holdings (CF) P/E ratio has ranged from a low of 3.9× in 2023 to a high of 80.9× in 2016. The 5-year average is 12.2× and the 5-year median is 10.9×.

Question 7

What was CF Industries Holdings's P/E ratio in 2025?

Accepted Answer

CF Industries Holdings (CF) P/E ratio at the end of 2025 was 8.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does CF Industries Holdings's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$12.06B	$1.46B	8.3×	-3.8×	Dec 31, 2025
2024	$14.78B	$1.22B	12.1×	+2.2×	Dec 31, 2024
2023	$15.11B	$1.52B	9.9×	+4.9×	Dec 31, 2023
2022	$16.75B	$3.35B	5.0×	-11.5×	Dec 31, 2022
2021	$15.15B	$917.00M	16.5×	-9.7×	Dec 31, 2021
2020	$8.30B	$317.00M	26.2×	+5.1×	Dec 31, 2020
2019	$10.38B	$493.00M	21.1×	-13.3×	Dec 31, 2019
2018	$9.97B	$290.00M	34.4×	+6.6×	Dec 31, 2018
2017	$9.93B	$358.00M	27.7×	—	Dec 31, 2017
2016	$7.30B	−$277.00M	—	—	Dec 31, 2016
2015	$9.51B	$699.50M	13.6×	+3.9×	Dec 31, 2015
2014	$13.44B	$1.39B	9.7×	+0.6×	Dec 31, 2014
2013	$13.26B	$1.46B	9.1×	+2.1×	Dec 31, 2013
2012	$12.78B	$1.85B	6.9×	+0.8×	Dec 31, 2012
2011	$9.48B	$1.54B	6.2×	-18.9×	Dec 31, 2011
2010	$8.74B	$349.20M	25.0×	+13.0×	Dec 31, 2010
2009	$4.40B	$365.60M	12.0×	+8.1×	Dec 31, 2009
2008	$2.72B	$684.60M	4.0×	-12.4×	Dec 31, 2008
2007	$6.11B	$372.70M	16.4×	-26.0×	Dec 31, 2007
2006	$1.41B	$33.30M	42.4×	—	Dec 31, 2006
2005	$838.75M	−$43.15M	—	—	Dec 31, 2005


Solstice Advanced Materials (SOLS)	113.0×
Corteva (CTVA)	48.4×
Weyerhaeuser (WY)	44.4×
Ecolab (ECL)	35.6×
Linde (LIN)	32.3×
Vulcan Materials (VMC)	32.1×
Freeport-McMoRan (FCX)	31.1×
Air Products and Chemicals (APD)	30.7×
Sherwin-Williams (SHW)	30.3×
Southern Copper (SCCO)	28.4×
H.B. Fuller (FUL)	22.5×
Eastman Chemical (EMN)	21.8×
International Flavors & Fragrances (IFF)	21.8×
RPM International (RPM)	21.8×
Avient (AVNT)	21.1×
Agnico Eagle Mines (AEM)	19.0×
Steel Dynamics (STLD)	19.0×
Nucor (NUE)	16.9×
PPG Industries (PPG)	15.1×
Martin Marietta Materials (MLM)	14.0×
CRH (CRH)	13.9×
Newmont (NEM)	13.9×
Mosaic (MOS)	11.1×

P/E Ratio for CF Industries Holdings (CF)

P/E Ratio daily chart for CF Industries Holdings (CF)

Historical P/E Ratio for CF Industries Holdings (CF) from 2005 to 2025

About P/E Ratio at CF Industries Holdings (CF)

CF Industries Holdings P/E Ratio by Year

CF Industries Holdings P/E Ratio 2025: 8.3×

CF Industries Holdings P/E Ratio 2024: 12.1×

CF Industries Holdings P/E Ratio 2023: 9.9×

CF Industries Holdings P/E Ratio 2022: 5.0×

CF Industries Holdings P/E Ratio 2021: 16.5×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

CF Industries Holdings (CF) Key Financials

P/E Ratio daily chart for CF Industries Holdings (CF)

Historical P/E Ratio for CF Industries Holdings (CF) from 2005 to 2025

About P/E Ratio at CF Industries Holdings (CF)

CF Industries Holdings P/E Ratio by Year

CF Industries Holdings P/E Ratio 2025: 8.3×

CF Industries Holdings P/E Ratio 2024: 12.1×

CF Industries Holdings P/E Ratio 2023: 9.9×

CF Industries Holdings P/E Ratio 2022: 5.0×

CF Industries Holdings P/E Ratio 2021: 16.5×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is CF Industries Holdings's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for CF Industries Holdings?

+Is CF Industries Holdings's P/E ratio high or low?

+What is CF Industries Holdings's historical P/E ratio range?

+What was CF Industries Holdings's P/E ratio in 2025?

+Why does CF Industries Holdings's P/E ratio change over time?

CF Industries Holdings (CF) Key Financials