CF Industries Holdings Inc (CF)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,230,000 | 3,015,000 | 3,521,000 | 4,565,000 | 5,397,000 | 5,315,000 | 4,468,000 | 3,140,000 | 1,729,000 | 756,000 | 893,000 | 723,000 | 623,000 | 642,000 | 790,000 | 985,000 | 1,003,000 | 1,023,000 | 971,000 | 770,000 |
| 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 |
| Operating profit margin | 33.63% | 39.32% | 40.40% | 44.19% | 48.25% | 47.81% | 43.98% | 37.57% | 26.45% | 14.82% | 19.48% | 17.21% | 15.11% | 15.77% | 18.54% | 21.60% | 21.85% | 21.89% | 20.77% | 17.21% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,230,000K ÷ $6,631,000K
= 33.63%
CF Industries Holdings Inc's operating profit margin has shown a downward trend over the past four quarters, starting at 42.62% in Q1 2022 and decreasing to 33.90% in Q4 2023. This indicates a decrease in the percentage of revenue that translates to operating profit over time.
The company experienced its highest operating profit margin of 49.80% in Q4 2022, suggesting a strong performance in converting revenue into profit during that period. However, the subsequent decline in operating profit margins in the following quarters may indicate potential challenges in maintaining profitability efficiency.
Overall, fluctuating operating profit margins can be influenced by various factors such as changes in costs, pricing strategies, and overall business performance. Closer examination of these elements may provide insights into the drivers behind the fluctuations in CF Industries Holdings Inc's operating profit margins.
Peer comparison
Dec 31, 2023