CF Industries Holdings Inc (CF)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,023,000 | 2,026,000 | 1,959,000 | 2,084,000 | 2,571,000 | 3,300,000 | 3,839,000 | 5,026,000 | 5,861,000 | 5,760,000 | 5,284,000 | 3,796,000 | 2,387,000 | 1,412,000 | 1,055,000 | 886,000 | 801,000 | 848,000 | 993,000 | 1,158,000 |
| Revenue (ttm) | US$ in thousands | 5,936,000 | 5,983,000 | 5,886,000 | 6,089,000 | 6,631,000 | 7,668,000 | 8,716,000 | 10,330,000 | 11,186,000 | 11,118,000 | 10,159,000 | 8,358,000 | 6,538,000 | 5,100,000 | 4,585,000 | 4,201,000 | 4,124,000 | 4,071,000 | 4,262,000 | 4,560,000 |
| Gross profit margin | 34.08% | 33.86% | 33.28% | 34.23% | 38.77% | 43.04% | 44.05% | 48.65% | 52.40% | 51.81% | 52.01% | 45.42% | 36.51% | 27.69% | 23.01% | 21.09% | 19.42% | 20.83% | 23.30% | 25.39% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,023,000K ÷ $5,936,000K
= 34.08%
CF Industries Holdings Inc's gross profit margin has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The gross profit margin started at 25.39% in March 31, 2020, and gradually decreased to 19.42% by December 31, 2020. From there, the margin slowly improved and reached a low point of 19.42% in March 31, 2021.
However, the trend reversed from that point onwards, with the gross profit margin steadily increasing quarter by quarter. Notable increases were witnessed in the margins during the period from September 30, 2021, to December 31, 2022, where the margin almost doubled from 27.69% to 52.40%.
After reaching a peak of 52.40% in December 31, 2022, the gross profit margin started to decline gradually, ending at 34.08% by December 31, 2024. Despite the fluctuating nature of the margin over the period, the company showed significant improvement in profitability from the low points earlier in the analysis.
Peer comparison
Dec 31, 2024