CF Industries Holdings annual gross margin
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2025
CF Industries Holdings Gross Margin Growth & History (CF)
CF Industries Holdings's gross margin was 38.45% for fiscal 2025.
View full CF Industries Holdings company overviewCF Industries Holdings annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 38.45% | +3.82 pp |
| 2024 | 2024-12-31 | 34.64% | −3.74 pp |
| 2023 | 2023-12-31 | 38.38% | −14.02 pp |
| 2022 | 2022-12-31 | 52.40% | +15.89 pp |
| 2021 | 2021-12-31 | 36.51% | +17.09 pp |
| 2020 | 2020-12-31 | 19.42% | −6.15 pp |
| 2019 | 2019-12-31 | 25.58% | −10.33 pp |
| 2015 | 2015-12-31 | 35.91% | −1.59 pp |
| 2014 | 2014-12-31 | 37.50% | −8.54 pp |
| 2013 | 2013-12-31 | 46.03% | −4.97 pp |
| 2012 | 2012-12-31 | 51.00% | +3.52 pp |
| 2011 | 2011-12-31 | 47.49% | +17.74 pp |
| 2010 | 2010-12-31 | 29.75% | −2.43 pp |
| 2009 | 2009-12-31 | 32.18% | +1.00 pp |
| 2008 | 2008-12-31 | 31.18% | +6.88 pp |
| 2007 | 2007-12-31 | 24.30% | — |
CF Industries Holdings quarterly gross margin
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Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 51.53% | +11.58 pp |
| Q1 2026 | 2026-03-31 | 37.56% | +3.17 pp |
| Q4 2025 | 2025-12-31 | 40.87% | +6.48 pp |
| Q3 2025 | 2025-09-30 | 38.10% | +5.69 pp |
| Q2 2025 | 2025-06-30 | 39.95% | −3.25 pp |
| Q1 2025 | 2025-03-31 | 34.40% | +6.57 pp |
| Q4 2024 | 2024-12-31 | 34.38% | +2.49 pp |
| Q3 2024 | 2024-09-30 | 32.41% | +2.79 pp |
| Q2 2024 | 2024-06-30 | 43.19% | −2.10 pp |
| Q1 2024 | 2024-03-31 | 27.82% | −15.07 pp |
| Q4 2023 | 2023-12-31 | 31.89% | −16.27 pp |
| Q3 2023 | 2023-09-30 | 29.62% | −9.85 pp |
| Q2 2023 | 2023-06-30 | 45.30% | −13.45 pp |
| Q1 2023 | 2023-03-31 | 42.89% | −16.31 pp |
| Q4 2022 | 2022-12-31 | 48.16% | +2.69 pp |
| Q3 2022 | 2022-09-30 | 39.47% | +7.16 pp |
| Q2 2022 | 2022-06-30 | 58.75% | +27.07 pp |
| Q1 2022 | 2022-03-31 | 59.21% | +31.63 pp |
| Q4 2021 | 2021-12-31 | 45.47% | +29.14 pp |
| Q3 2021 | 2021-09-30 | 32.31% | +22.51 pp |
| Q2 2021 | 2021-06-30 | 31.68% | +3.93 pp |
| Q1 2021 | 2021-03-31 | 27.58% | +6.57 pp |
| Q4 2020 | 2020-12-31 | 16.33% | −5.31 pp |
| Q3 2020 | 2020-09-30 | 9.80% | −12.17 pp |
| Q2 2020 | 2020-06-30 | 27.74% | −5.48 pp |
| Q1 2020 | 2020-03-31 | 21.01% | −0.97 pp |
| Q4 2019 | 2019-12-31 | 21.64% | +5.01 pp |
| Q3 2019 · Sep 30 | 2019-09-30 | 21.97% | −2.03 pp |
| Q2 2019 · Jun 30 | 2019-06-30 | 33.22% | +13.37 pp |
| Q1 2019 · Mar 31 | 2019-03-31 | 21.98% | +20.71 pp |
| Q3 2019 · Sep 30 | 2018-09-30 | 16.63% | +1.24 pp |
| Q2 2019 · Jun 30 | 2018-06-30 | 24.00% | +13.68 pp |
| Q1 2019 · Mar 31 | 2018-03-31 | 19.85% | +19.56 pp |
| Q3 2018 | 2017-09-30 | 1.26% | −45.21 pp |
| Q2 2018 | 2017-06-30 | 15.39% | −6.22 pp |
| Q1 2018 | 2017-03-31 | 10.32% | −14.80 pp |
| Q3 2016 | 2016-09-30 | 0.29% | −17.49 pp |
| Q2 2016 | 2016-06-30 | 46.47% | −5.85 pp |
| Q1 2016 | 2016-03-31 | 21.61% | −21.99 pp |
| Q4 2015 | 2015-12-31 | 25.11% | −11.41 pp |
| Q3 2015 | 2015-09-30 | 17.78% | −14.90 pp |
| Q2 2015 | 2015-06-30 | 52.33% | +12.24 pp |
| Q1 2015 | 2015-03-31 | 43.61% | +4.51 pp |
| Q4 2014 | 2014-12-31 | 36.52% | −8.25 pp |
| Q3 2014 | 2014-09-30 | 32.68% | −2.52 pp |
| Q2 2014 | 2014-06-30 | 40.08% | −10.37 pp |
| Q1 2014 | 2014-03-31 | 39.10% | −11.42 pp |
| Q4 2013 | 2013-12-31 | 44.77% | +0.48 pp |
| Q3 2013 | 2013-09-30 | 35.20% | −16.44 pp |
| Q2 2013 | 2013-06-30 | 50.45% | −9.66 pp |
| Q1 2013 | 2013-03-31 | 50.51% | +3.92 pp |
| Q4 2012 | 2012-12-31 | 44.30% | −6.05 pp |
| Q3 2012 | 2012-09-30 | 51.64% | +6.19 pp |
| Q2 2012 | 2012-06-30 | 60.11% | +11.97 pp |
| Q1 2012 | 2012-03-31 | 46.60% | +1.88 pp |
| Q4 2011 | 2011-12-31 | 50.35% | +11.25 pp |
| Q3 2011 | 2011-09-30 | 45.45% | +26.93 pp |
| Q2 2011 | 2011-06-30 | 48.14% | +17.80 pp |
| Q1 2011 | 2011-03-31 | 44.72% | +19.04 pp |
| Q4 2010 | 2010-12-31 | 39.10% | +14.21 pp |
| Q3 2010 | 2010-09-30 | 18.51% | −10.32 pp |
| Q2 2010 | 2010-06-30 | 30.34% | −12.75 pp |
| Q1 2010 | 2010-03-31 | 25.68% | +1.83 pp |
| Q4 2009 | 2009-12-31 | 24.89% | +13.04 pp |
| Q3 2009 | 2009-09-30 | 28.83% | −11.64 pp |
| Q2 2009 | 2009-06-30 | 43.09% | — |
| Q1 2009 | 2009-03-31 | 23.85% | — |
| Q3 2008 | 2008-09-30 | 11.84% | — |
| Q2 2008 | 2008-06-30 | 40.47% | — |
CF Industries Holdings gross margin trends
Over the last five reported fiscal years, CF Industries Holdings's gross margin increased from 19.42% to 38.45%, a change of +19.03 percentage points. The latest reported quarter, Q2 2026, shows 51.53%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review CF Industries Holdings filings at SEC.gov ↗