CF Industries Holdings annual free cash flow
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CF Industries Holdings Free Cash Flow (FCF) History (CF)
CF Industries Holdings reported $1.80B in free cash flow for fiscal 2025, an increase of 2.80% from the previous fiscal year, with a free cash flow margin of 25.44%.
View full CF Industries Holdings company overviewCF Industries Holdings free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.80B | $49.0M | +2.80% | +25.44% |
| 2024 | 2024-12-31 | $1.75B | −$505.0M | −22.36% | +29.53% |
| 2023 | 2023-12-31 | $2.26B | −$1.14B | −33.63% | +34.05% |
| 2022 | 2022-12-31 | $3.40B | $1.04B | +44.21% | +30.41% |
| 2021 | 2021-12-31 | $2.36B | $1.44B | +155.86% | +36.08% |
| 2020 | 2020-12-31 | $922.0M | −$179.0M | −16.26% | +22.36% |
| 2019 | 2019-12-31 | $1.10B | $2.37B | — | +23.99% |
| 2015 | 2015-12-31 | −$1.27B | −$865.7M | — | −29.38% |
| 2014 | 2014-12-31 | −$399.9M | −$1.04B | — | −8.43% |
| 2013 | 2013-12-31 | $643.0M | −$1.21B | −65.28% | +11.74% |
| 2012 | 2012-12-31 | $1.85B | $20.4M | +1.11% | +30.34% |
| 2011 | 2011-12-31 | $1.83B | $895.4M | +95.63% | +30.04% |
| 2010 | 2010-12-31 | $936.3M | $490.2M | +109.89% | +23.61% |
| 2009 | 2009-12-31 | $446.1M | −$50.7M | −10.21% | +17.10% |
| 2008 | 2008-12-31 | $496.8M | −$88.2M | −15.08% | +12.67% |
| 2007 | 2007-12-31 | $585.0M | — | — | +21.22% |
CF Industries Holdings quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $607.0M | $289.0M | +90.88% | +27.32% |
| Q1 2026 | 2026-03-31 | $273.0M | −$181.0M | −39.87% | +13.75% |
| Q4 2025 | 2025-12-31 | $313.0M | $90.0M | +40.36% | +16.72% |
| Q3 2025 | 2025-09-30 | $717.0M | −$75.0M | −9.47% | +43.22% |
| Q2 2025 | 2025-06-30 | $318.0M | −$73.0M | −18.67% | +16.83% |
| Q1 2025 | 2025-03-31 | $454.0M | $107.0M | +30.84% | +27.30% |
| Q4 2024 | 2024-12-31 | $223.0M | −$69.0M | −23.63% | +14.63% |
| Q3 2024 | 2024-09-30 | $792.0M | $321.0M | +68.15% | +57.81% |
| Q2 2024 | 2024-06-30 | $391.0M | −$226.0M | −36.63% | +24.87% |
| Q1 2024 | 2024-03-31 | $347.0M | −$531.0M | −60.48% | +23.61% |
| Q4 2023 | 2023-12-31 | $292.0M | −$159.0M | −35.25% | +18.59% |
| Q3 2023 | 2023-09-30 | $471.0M | −$329.0M | −41.13% | +37.00% |
| Q2 2023 | 2023-06-30 | $617.0M | −$206.0M | −25.03% | +34.76% |
| Q1 2023 | 2023-03-31 | $878.0M | −$450.0M | −33.89% | +43.64% |
| Q4 2022 | 2022-12-31 | $451.0M | −$897.0M | −66.54% | +17.29% |
| Q3 2022 | 2022-09-30 | $800.0M | $314.0M | +64.61% | +34.47% |
| Q2 2022 | 2022-06-30 | $823.0M | $805.0M | +4472.22% | +24.28% |
| Q1 2022 | 2022-03-31 | $1.33B | $821.0M | +161.93% | +46.30% |
| Q4 2021 | 2021-12-31 | $1.35B | $1.16B | +620.86% | +53.07% |
| Q3 2021 | 2021-09-30 | $486.0M | $350.0M | +257.35% | +35.68% |
| Q2 2021 | 2021-06-30 | $18.0M | −$356.0M | −95.19% | +1.13% |
| Q1 2021 | 2021-03-31 | $507.0M | $282.0M | +125.33% | +48.38% |
| Q4 2020 | 2020-12-31 | $187.0M | −$8.0M | −4.10% | +16.97% |
| Q3 2020 | 2020-09-30 | $136.0M | −$231.0M | −62.94% | +16.06% |
| Q2 2020 | 2020-06-30 | $374.0M | $61.0M | +19.49% | +31.06% |
| Q1 2020 | 2020-03-31 | $225.0M | −$1.0M | −0.44% | +23.17% |
| Q4 2019 | 2019-12-31 | $195.0M | −$317.0M | −61.91% | +18.59% |
| Q3 2019 · Sep 30 | 2019-09-30 | $367.0M | $128.0M | +53.56% | +35.36% |
| Q2 2019 · Jun 30 | 2019-06-30 | $313.0M | $99.0M | +46.26% | +20.84% |
| Q1 2019 · Mar 31 | 2019-03-31 | $226.0M | $117.0M | +107.34% | +22.58% |
| Q3 2019 · Sep 30 | 2018-09-30 | $512.0M | −$228.0M | −30.81% | +49.23% |
| Q2 2019 · Jun 30 | 2018-06-30 | $239.0M | −$23.0M | −8.78% | +18.38% |
| Q1 2019 · Mar 31 | 2018-03-31 | $214.0M | $509.0M | — | +22.36% |
| Q3 2018 | 2017-09-30 | $109.0M | $712.0M | — | +12.53% |
| Q2 2018 | 2017-06-30 | $740.0M | $1.07B | — | +65.84% |
| Q1 2018 | 2017-03-31 | $262.0M | $810.6M | — | +25.27% |
| Q3 2016 | 2016-09-30 | −$295.0M | −$111.0M | — | −43.38% |
| Q2 2016 | 2016-06-30 | −$603.0M | $16.0M | — | −53.17% |
| Q1 2016 | 2016-03-31 | −$330.0M | −$416.0M | — | −32.87% |
| Q4 2015 | 2015-12-31 | −$548.6M | −$244.5M | — | −49.19% |
| Q3 2015 | 2015-09-30 | −$184.0M | −$217.9M | — | −19.83% |
| Q2 2015 | 2015-06-30 | −$619.0M | −$131.7M | — | −47.22% |
| Q1 2015 | 2015-03-31 | $86.0M | −$271.6M | −75.95% | +9.01% |
| Q4 2014 | 2014-12-31 | −$304.1M | −$150.7M | — | −25.00% |
| Q3 2014 | 2014-09-30 | $33.9M | −$596.7M | −94.62% | +3.68% |
| Q2 2014 | 2014-06-30 | −$487.3M | −$127.2M | — | −33.09% |
| Q1 2014 | 2014-03-31 | $357.6M | −$168.3M | −32.00% | +31.57% |
| Q4 2013 | 2013-12-31 | −$153.4M | −$312.6M | — | −11.57% |
| Q3 2013 | 2013-09-30 | $630.6M | −$171.4M | −21.37% | +57.48% |
| Q2 2013 | 2013-06-30 | −$360.1M | −$712.1M | — | −21.00% |
| Q1 2013 | 2013-03-31 | $525.9M | −$13.0M | −2.41% | +39.35% |
| Q4 2012 | 2012-12-31 | $159.2M | $113.4M | +247.60% | +10.75% |
| Q3 2012 | 2012-09-30 | $802.0M | −$167.3M | −17.26% | +59.00% |
| Q2 2012 | 2012-06-30 | $352.0M | $151.7M | +75.74% | +20.28% |
| Q1 2012 | 2012-03-31 | $538.9M | −$77.4M | −12.56% | +35.28% |
| Q4 2011 | 2011-12-31 | $45.8M | −$445.0M | −90.67% | +2.67% |
| Q3 2011 | 2011-09-30 | $969.3M | $465.5M | +92.40% | +69.05% |
| Q2 2011 | 2011-06-30 | $200.3M | $277.1M | — | +11.12% |
| Q1 2011 | 2011-03-31 | $616.3M | $597.8M | +3231.35% | +52.50% |
| Q4 2010 | 2010-12-31 | $490.8M | $433.8M | +761.05% | +39.66% |
| Q3 2010 | 2010-09-30 | $503.8M | $475.0M | +1649.31% | +54.93% |
| Q2 2010 | 2010-06-30 | −$76.8M | −$216.7M | — | −5.87% |
| Q1 2010 | 2010-03-31 | $18.5M | −$201.9M | −91.61% | +3.68% |
| Q4 2009 | 2009-12-31 | $57.0M | −$1.9M | −3.23% | +11.25% |
| Q3 2009 | 2009-09-30 | $28.8M | — | — | +6.70% |
| Q2 2009 | 2009-06-30 | $139.9M | — | — | +14.12% |
| Q1 2009 | 2009-03-31 | $220.4M | — | — | +32.38% |
| Q3 2008 | 2008-09-30 | $58.9M | — | — | +5.77% |
CF Industries Holdings free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $922.0M to $1.80B, a compound annual growth rate of 14.34%. CF Industries Holdings's latest reported quarter, Q2 2026, generated $607.0M in free cash flow, an increase of 90.88% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review CF Industries Holdings filings at SEC.gov ↗