CF Industries Holdings Inc (CF)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 5,717,000 | 5,723,000 | 5,804,000 | 5,453,000 | 5,051,000 | 4,444,000 | 4,589,000 | 4,002,000 | 3,206,000 | 2,938,000 | 3,246,000 | 3,029,000 | 2,922,000 | 2,826,000 | 2,873,000 | 2,728,000 | 2,897,000 | 2,980,000 | 3,066,000 | 2,955,000 |
| ROE | 26.67% | 21.72% | 26.14% | 39.52% | 49.06% | 54.77% | 39.46% | 22.29% | 4.99% | 10.18% | 14.05% | 13.21% | 10.85% | 11.46% | 14.51% | 18.70% | 18.36% | 22.82% | 21.04% | 17.26% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,525,000K ÷ $5,717,000K
= 26.67%
CF Industries Holdings Inc's return on equity (ROE) has shown a decreasing trend throughout the year 2023, starting at a high of 55.44% in Q1, and declining to 26.67% in Q4. The ROE was particularly strong in the second half of 2022, with values above 55%, indicating efficient utilization of shareholder equity to generate profits during that period.
The declining trend in 2023 could indicate potential challenges in maintaining profitability or efficiently utilizing shareholder equity during that time. Further analysis would be needed to understand the factors influencing this decline in ROE and whether it is a temporary fluctuation or a more concerning long-term trend.
Peer comparison
Dec 31, 2023