CF Industries Holdings Return on Equity (ROE) Growth & History (CF)
CF Industries Holdings's return on equity was 36.61% for fiscal 2025.
View full CF Industries Holdings company overviewCF Industries Holdings annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 36.61% | +9.01 pp |
| 2024 | 2024-12-31 | 27.60% | −6.54 pp |
| 2023 | 2023-12-31 | 34.14% | −61.22 pp |
| 2022 | 2022-12-31 | 95.36% | +54.24 pp |
| 2021 | 2021-12-31 | 41.12% | +26.27 pp |
| 2020 | 2020-12-31 | 14.85% | −7.22 pp |
| 2019 | 2019-12-31 | 22.07% | +8.97 pp |
| 2018 | 2018-12-31 | 13.09% | +1.27 pp |
| 2017 | 2017-12-31 | 11.82% | — |
| 2015 | 2015-12-31 | 17.81% | −13.14 pp |
| 2014 | 2014-12-31 | 30.95% | +3.02 pp |
| 2013 | 2013-12-31 | 27.92% | −8.89 pp |
| 2012 | 2012-12-31 | 36.81% | +1.01 pp |
| 2011 | 2011-12-31 | 35.81% | +23.72 pp |
| 2010 | 2010-12-31 | 12.08% | −11.76 pp |
| 2009 | 2009-12-31 | 23.84% | −30.01 pp |
| 2008 | 2008-12-31 | 53.85% | — |
CF Industries Holdings quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 15.67% | +5.57 pp |
| Q1 2026 | 2026-03-31 | 13.28% | +6.09 pp |
| Q4 2025 | 2025-12-31 | 10.22% | +2.52 pp |
| Q3 2025 | 2025-09-30 | 9.38% | +2.97 pp |
| Q2 2025 | 2025-06-30 | 10.10% | +0.82 pp |
| Q1 2025 | 2025-03-31 | 7.19% | +2.92 pp |
| Q4 2024 | 2024-12-31 | 7.70% | +1.55 pp |
| Q3 2024 | 2024-09-30 | 6.40% | +2.41 pp |
| Q2 2024 | 2024-06-30 | 9.28% | −1.48 pp |
| Q1 2024 | 2024-03-31 | 4.27% | −8.11 pp |
| Q4 2023 | 2023-12-31 | 6.15% | −15.10 pp |
| Q3 2023 | 2023-09-30 | 3.99% | −7.92 pp |
| Q2 2023 | 2023-06-30 | 10.77% | −20.41 pp |
| Q1 2023 | 2023-03-31 | 12.38% | −16.79 pp |
| Q4 2022 | 2022-12-31 | 21.25% | −6.71 pp |
| Q3 2022 | 2022-09-30 | 11.91% | +14.85 pp |
| Q2 2022 | 2022-06-30 | 31.17% | +21.07 pp |
| Q1 2022 | 2022-03-31 | 29.16% | +23.28 pp |
| Q4 2021 | 2021-12-31 | 27.96% | +23.82 pp |
| Q3 2021 | 2021-09-30 | −2.94% | −3.08 pp |
| Q2 2021 | 2021-06-30 | 10.10% | +2.32 pp |
| Q1 2021 | 2021-03-31 | 5.88% | +2.65 pp |
| Q4 2020 | 2020-12-31 | 4.14% | +0.94 pp |
| Q3 2020 | 2020-09-30 | 0.14% | −3.63 pp |
| Q2 2020 | 2020-06-30 | 7.78% | −2.85 pp |
| Q1 2020 | 2020-03-31 | 3.24% | −0.76 pp |
| Q4 2019 | 2019-12-31 | 3.20% | +0.23 pp |
| Q3 2019 | 2019-09-30 | 3.77% | +1.74 pp |
| Q2 2019 | 2019-06-30 | 10.63% | +5.76 pp |
| Q1 2019 | 2019-03-31 | 3.99% | +1.54 pp |
| Q4 2018 | 2018-12-31 | 2.97% | −11.94 pp |
| Q3 2018 | 2018-09-30 | 2.03% | +4.14 pp |
| Q2 2018 | 2018-06-30 | 4.87% | +4.13 pp |
| Q1 2018 | 2018-03-31 | 2.45% | +2.71 pp |
| Q4 2017 | 2017-12-31 | 14.91% | — |
| Q3 2017 | 2017-09-30 | −2.11% | −2.11 pp |
| Q2 2017 | 2017-06-30 | 0.73% | −1.34 pp |
| Q1 2017 | 2017-03-31 | −0.25% | −1.42 pp |
| Q3 2016 | 2016-09-30 | 0.00% | −2.36 pp |
| Q2 2016 | 2016-06-30 | 2.07% | −6.86 pp |
| Q1 2016 | 2016-03-31 | 1.16% | −4.54 pp |
| Q4 2015 | 2015-12-31 | 0.89% | −4.88 pp |
| Q3 2015 | 2015-09-30 | 2.36% | −0.77 pp |
| Q2 2015 | 2015-06-30 | 8.93% | +2.04 pp |
| Q1 2015 | 2015-03-31 | 5.71% | −8.67 pp |
| Q4 2014 | 2014-12-31 | 5.77% | −0.94 pp |
| Q3 2014 | 2014-09-30 | 3.13% | −1.71 pp |
| Q2 2014 | 2014-06-30 | 6.89% | −2.78 pp |
| Q1 2014 | 2014-03-31 | 14.38% | +7.00 pp |
| Q4 2013 | 2013-12-31 | 6.71% | −0.66 pp |
| Q3 2013 | 2013-09-30 | 4.84% | −3.91 pp |
| Q2 2013 | 2013-06-30 | 9.67% | −3.96 pp |
| Q1 2013 | 2013-03-31 | 7.38% | −0.39 pp |
| Q4 2012 | 2012-12-31 | 7.37% | −2.59 pp |
| Q3 2012 | 2012-09-30 | 8.75% | +1.50 pp |
| Q2 2012 | 2012-06-30 | 13.63% | +3.07 pp |
| Q1 2012 | 2012-03-31 | 7.77% | +1.07 pp |
| Q4 2011 | 2011-12-31 | 9.96% | +4.90 pp |
| Q3 2011 | 2011-09-30 | 7.25% | +5.98 pp |
| Q2 2011 | 2011-06-30 | 10.56% | +6.73 pp |
| Q1 2011 | 2011-03-31 | 6.70% | +6.96 pp |
| Q4 2010 | 2010-12-31 | 5.06% | +2.03 pp |
| Q3 2010 | 2010-09-30 | 1.26% | −1.09 pp |
| Q2 2010 | 2010-06-30 | 3.83% | −10.58 pp |
| Q1 2010 | 2010-03-31 | −0.26% | — |
| Q4 2009 | 2009-12-31 | 3.03% | — |
| Q3 2009 | 2009-09-30 | 2.35% | — |
| Q2 2009 | 2009-06-30 | 14.41% | — |
CF Industries Holdings return on equity trends
Over the last five fiscal years, CF Industries Holdings's return on equity increased from 14.85% to 36.61%, a change of +21.76 percentage points. The latest reported quarter, Q2 2026, shows 15.67%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review CF Industries Holdings source filings ↗