CF Industries Holdings Inc (CF)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,056,000 | 2,545,000 | 5,861,000 | 2,387,000 | 801,000 |
| Revenue | US$ in thousands | 5,936,000 | 6,631,000 | 11,186,000 | 6,538,000 | 4,124,000 |
| Gross profit margin | 34.64% | 38.38% | 52.40% | 36.51% | 19.42% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,056,000K ÷ $5,936,000K
= 34.64%
The gross profit margin of CF Industries Holdings Inc has displayed varying trends over the past five years. In December 2020, the gross profit margin was 19.42%, indicating that the company retained 19.42% of its revenue after accounting for the cost of goods sold. However, there was a significant improvement in December 2021, where the gross profit margin increased to 36.51%, suggesting better cost management or increased pricing power.
By December 2022, the gross profit margin saw a substantial rise to 52.40%, reaching its peak during this period. This could be attributed to efficient operations, economies of scale, or other strategic initiatives that positively impacted profitability. In December 2023, there was a slight decline in the gross profit margin to 38.38%, although it remained relatively healthy compared to previous years.
Lastly, in December 2024, the gross profit margin decreased to 34.64%, signifying a slight dip in profitability compared to the previous year. It is essential for CF Industries Holdings Inc to monitor and manage its cost structure effectively to sustain and potentially improve its gross profit margin in the future.
Peer comparison
Dec 31, 2024