CF Industries Holdings Inc (CF)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,525,000 | 3,346,000 | 917,000 | 317,000 | 493,000 |
| Revenue | US$ in thousands | 6,631,000 | 11,186,000 | 6,538,000 | 4,124,000 | 4,590,000 |
| Net profit margin | 23.00% | 29.91% | 14.03% | 7.69% | 10.74% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $1,525,000K ÷ $6,631,000K
= 23.00%
CF Industries Holdings Inc's net profit margin has exhibited fluctuations over the past five years. In 2023, the net profit margin decreased to 23.00% from 29.91% in 2022, indicating a decline in profitability. However, the margin remained relatively high compared to the earlier years, such as 2020 and 2019, when it was 7.69% and 10.74%, respectively. The significant increase in 2022 followed by a decline in 2023 suggests potential volatility in the company's profitability. Further analysis and comparison with industry benchmarks are recommended to understand the underlying factors driving these fluctuations and to assess the company's financial performance in more detail.
Peer comparison
Dec 31, 2023