CF Industries Holdings Inc (CF)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,218,000 | 1,164,000 | 1,052,000 | 1,159,000 | 1,525,000 | 2,111,000 | 2,385,000 | 3,023,000 | 3,346,000 | 3,191,000 | 2,568,000 | 1,649,000 | 917,000 | 299,000 | 456,000 | 400,000 | 317,000 | 285,000 | 378,000 | 471,000 |
| Total assets | US$ in thousands | 13,466,000 | 13,843,000 | 13,775,000 | 13,861,000 | 14,376,000 | 13,543,000 | 13,537,000 | 13,398,000 | 13,313,000 | 13,280,000 | 13,423,000 | 13,782,000 | 12,375,000 | 11,766,000 | 12,007,000 | 12,011,000 | 12,023,000 | 11,931,000 | 11,950,000 | 12,441,000 |
| ROA | 9.05% | 8.41% | 7.64% | 8.36% | 10.61% | 15.59% | 17.62% | 22.56% | 25.13% | 24.03% | 19.13% | 11.96% | 7.41% | 2.54% | 3.80% | 3.33% | 2.64% | 2.39% | 3.16% | 3.79% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,218,000K ÷ $13,466,000K
= 9.05%
CF Industries Holdings Inc's return on assets (ROA) has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started at 3.79% in March 2020, decreasing to 2.39% by September 2020, before gradually improving to 25.13% by December 2022. This sharp increase in ROA between 2021 and 2022 may indicate improved efficiency in asset utilization or increased profitability relative to total assets.
However, the ROA experienced a decline in the subsequent periods, falling to 7.64% by June 30, 2024, before slightly recovering to 9.05% by December 31, 2024. This fluctuation in ROA could suggest changes in the company's profitability, asset management, or capital structure during these periods.
Overall, CF Industries Holdings Inc's ROA trended upwards from 2020 to 2022, indicating potentially effective asset management and profitability strategies. However, the decline in ROA from 2022 to 2024 suggests a need for further analysis to understand the factors influencing the company's performance during these periods.
Peer comparison
Dec 31, 2024