CF Industries Holdings Inc (CF)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,525,000 | 1,243,000 | 1,517,000 | 2,155,000 | 2,478,000 | 2,434,000 | 1,811,000 | 892,000 | 160,000 | 299,000 | 456,000 | 400,000 | 317,000 | 324,000 | 417,000 | 510,000 | 532,000 | 680,000 | 645,000 | 510,000 |
| 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 |
| Net profit margin | 23.00% | 16.21% | 17.40% | 20.86% | 22.15% | 21.89% | 17.83% | 10.67% | 2.45% | 5.86% | 9.95% | 9.52% | 7.69% | 7.96% | 9.78% | 11.18% | 11.59% | 14.55% | 13.80% | 11.40% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,525,000K ÷ $6,631,000K
= 23.00%
CF Industries Holdings Inc's net profit margin has exhibited some fluctuations over the past eight quarters. In Q1 2023, the net profit margin reached its peak at 29.26%, which was a decrease from the previous quarter where it was 27.36%. However, this was followed by a further decline in Q2 2023 to 27.36%. In Q3 2023, there was a slight improvement to 27.53%. The most recent data for Q4 2023 shows a decrease in net profit margin to 23.00%.
Overall, the company has maintained a relatively healthy net profit margin range between 19.73% and 29.91% over the analyzed periods, demonstrating its ability to efficiently convert revenue into profit. It is worth noting that while the net profit margin has shown some variability, the company has generally performed well in generating profits relative to its revenue. Further analysis and comparison with industry benchmarks may provide additional insights into the company's profitability performance.
Peer comparison
Dec 31, 2023