CF Industries Holdings Inc (CF)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,218,000 | 1,525,000 | 3,346,000 | 1,260,000 | 432,000 |
| Total assets | US$ in thousands | 13,466,000 | 14,376,000 | 13,313,000 | 12,375,000 | 12,023,000 |
| ROA | 9.05% | 10.61% | 25.13% | 10.18% | 3.59% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $1,218,000K ÷ $13,466,000K
= 9.05%
CF Industries Holdings Inc's return on assets (ROA) has shown a fluctuating trend over the past five years. The ROA increased significantly from 3.59% in December 31, 2020, to 25.13% in December 31, 2022, indicating a substantial improvement in the company's ability to generate profits from its assets. However, in the following years, there was a slight decrease in ROA to 10.18% in December 31, 2021, followed by a further decline to 10.61% in December 31, 2023, and 9.05% in December 31, 2024.
The ROA of CF Industries Holdings Inc peaked in 2022, demonstrating the company's efficiency in utilizing its assets to generate profits. The subsequent decreases in ROA suggest potential challenges or changes in the company's asset management strategies. Further analysis of the company's financial performance and asset utilization efficiency would be necessary to understand the underlying factors contributing to these fluctuations in ROA.
Peer comparison
Dec 31, 2024