CF Industries Holdings Inc (CF)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,545,000 | 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 | 1,174,000 | 1,189,000 | 1,134,000 | 947,000 |
| Revenue (ttm) | US$ in thousands | 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 | 4,590,000 | 4,673,000 | 4,675,000 | 4,473,000 |
| Gross profit margin | 38.38% | 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% | 25.58% | 25.44% | 24.26% | 21.17% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,545,000K ÷ $6,631,000K
= 38.38%
CF Industries Holdings Inc's gross profit margin has shown a declining trend over the past eight quarters. The company's gross profit margin decreased from 52.40% in Q4 2022 to 38.38% in Q4 2023. This declining trend could indicate challenges in managing production costs relative to sales revenue. It is worth noting that the gross profit margin fluctuated throughout the period but generally remained above 40%, except for the most recent quarter. Further analysis of the company's cost structure and pricing strategy may be required to understand the factors driving the variations in the gross profit margin.
Peer comparison
Dec 31, 2023