Question 1

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

Accepted Answer

CF Industries Holdings (CF) P/S ratio is 2.4× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. 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/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

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

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For CF Industries Holdings specifically, the relevant sector benchmark is the current sector median of 2.2×.

Question 5

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

Accepted Answer

CF Industries Holdings's P/S ratio of 2.4× is above its own 5-year average of 2.1× and above the sector median of 2.2×. That places the current reading at the 59th 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/S ratio range?

Accepted Answer

In the available daily series, CF Industries Holdings (CF) P/S ratio has ranged from a low of 0.4× in 2006 to a high of 3.6× in 2022. The 5-year average is 2.1× and the 5-year median is 2.3×.

Question 7

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

Accepted Answer

CF Industries Holdings (CF) P/S ratio at the end of 2025 was 1.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). 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	$7.08B	1.7×	-0.8×	Dec 31, 2025
2024	$14.78B	$5.94B	2.5×	+0.2×	Dec 31, 2024
2023	$15.11B	$6.63B	2.3×	+0.8×	Dec 31, 2023
2022	$16.75B	$11.19B	1.5×	-0.8×	Dec 31, 2022
2021	$15.15B	$6.54B	2.3×	+0.3×	Dec 31, 2021
2020	$8.30B	$4.12B	2.0×	-0.2×	Dec 31, 2020
2019	$10.38B	$4.59B	2.3×	+0.0×	Dec 31, 2019
2018	$9.97B	$4.43B	2.3×	-0.2×	Dec 31, 2018
2017	$9.93B	$4.13B	2.4×	+0.4×	Dec 31, 2017
2016	$7.30B	$3.69B	2.0×	-0.2×	Dec 31, 2016
2015	$9.51B	$4.31B	2.2×	-0.6×	Dec 31, 2015
2014	$13.44B	$4.74B	2.8×	+0.4×	Dec 31, 2014
2013	$13.26B	$5.47B	2.4×	+0.3×	Dec 31, 2013
2012	$12.78B	$6.10B	2.1×	+0.5×	Dec 31, 2012
2011	$9.48B	$6.10B	1.6×	-0.7×	Dec 31, 2011
2010	$8.74B	$3.96B	2.2×	+0.5×	Dec 31, 2010
2009	$4.40B	$2.61B	1.7×	+1.0×	Dec 31, 2009
2008	$2.72B	$3.92B	0.7×	-1.5×	Dec 31, 2008
2007	$6.11B	$2.73B	2.2×	+1.5×	Dec 31, 2007
2006	$1.41B	$1.95B	0.7×	+0.3×	Dec 31, 2006
2005	$838.75M	$1.84B	0.5×	—	Dec 31, 2005


Air Products and Chemicals (APD)	5.2×
Newmont (NEM)	4.8×
Ecolab (ECL)	4.6×
Vulcan Materials (VMC)	4.5×
Albemarle (ALB)	3.9×
Sherwin-Williams (SHW)	3.3×
Freeport-McMoRan (FCX)	3.2×
Corteva (CTVA)	3.1×
Solstice Advanced Materials (SOLS)	3.0×
Weyerhaeuser (WY)	2.5×
DuPont de Nemours (DD)	1.9×
RPM International (RPM)	1.9×
International Flavors & Fragrances (IFF)	1.7×
PPG Industries (PPG)	1.5×
Ashland (ASH)	1.4×
Steel Dynamics (STLD)	1.4×
CRH (CRH)	1.3×
Nucor (NUE)	1.2×
H.B. Fuller (FUL)	1.0×
Avient (AVNT)	1.0×
Eastman Chemical (EMN)	1.0×
LyondellBasell (LYB)	0.9×
Dow (DOW)	0.8×
Mosaic (MOS)	0.7×
Stepan (SCL)	0.5×

P/S Ratio for CF Industries Holdings (CF)

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

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

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

CF Industries Holdings P/S Ratio by Year

CF Industries Holdings P/S Ratio 2025: 1.7×

CF Industries Holdings P/S Ratio 2024: 2.5×

CF Industries Holdings P/S Ratio 2023: 2.3×

CF Industries Holdings P/S Ratio 2022: 1.5×

CF Industries Holdings P/S Ratio 2021: 2.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

CF Industries Holdings (CF) Key Financials

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

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

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

CF Industries Holdings P/S Ratio by Year

CF Industries Holdings P/S Ratio 2025: 1.7×

CF Industries Holdings P/S Ratio 2024: 2.5×

CF Industries Holdings P/S Ratio 2023: 2.3×

CF Industries Holdings P/S Ratio 2022: 1.5×

CF Industries Holdings P/S Ratio 2021: 2.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

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

+How is the P/S ratio calculated?

+What is the P/S ratio?

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

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

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

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

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

CF Industries Holdings (CF) Key Financials