CF Industries Holdings Inc (CF)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,230,000 | 5,397,000 | 1,729,000 | 623,000 | 1,003,000 |
| Revenue | US$ in thousands | 6,631,000 | 11,186,000 | 6,538,000 | 4,124,000 | 4,590,000 |
| Operating profit margin | 33.63% | 48.25% | 26.45% | 15.11% | 21.85% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,230,000K ÷ $6,631,000K
= 33.63%
CF Industries Holdings Inc's operating profit margin has exhibited fluctuations over the past five years. In 2022, the operating profit margin was relatively high at 49.80%, reflecting a strong performance in generating profits from its core operations. However, in 2023, the operating profit margin decreased to 33.90%, indicating a decline in profitability compared to the previous year.
Looking back further, in 2021, the operating profit margin was 33.10%, which was also above the levels seen in 2020 and 2019. The significant increase in the operating profit margin from 2019 to 2020, from 20.26% to 14.43%, suggests that the company may have faced challenges in maintaining profitability during that period.
Overall, the analysis of CF Industries Holdings Inc's operating profit margin reveals variability in the company's ability to generate profits from its core business operations over the past five years. It is important for investors and stakeholders to closely monitor these fluctuations to assess the company's financial performance and operational efficiency.
Peer comparison
Dec 31, 2023