CF Industries Holdings Inc (CF)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,820,000 | 1,803,000 | 1,706,000 | 1,794,000 | 2,341,000 | 3,144,000 | 3,580,000 | 4,628,000 | 5,411,000 | 5,276,000 | 4,446,000 | 3,116,000 | 1,714,000 | 735,000 | 872,000 | 719,000 | 633,000 | 665,000 | 789,000 | 928,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 7,592,000 | 5,194,000 | 5,460,000 | 5,440,000 | 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 |
| Return on total capital | 23.97% | 34.71% | 31.25% | 32.98% | 40.95% | 54.94% | 61.68% | 84.87% | 107.13% | 118.72% | 96.88% | 77.86% | 53.46% | 25.02% | 26.86% | 23.74% | 21.66% | 23.53% | 27.46% | 34.02% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,820,000K ÷ ($—K + $7,592,000K)
= 23.97%
CF Industries Holdings Inc exhibited fluctuations in its return on total capital over the past five years. The company's return on total capital ranged from a low of 21.66% at the end of December 2020 to a peak of 118.72% at the end of September 2022. The return on total capital saw a significant increase towards the end of 2021 and into 2022, reaching a high of 118.72% in September 2022. However, there was a subsequent decline in the return on total capital, dropping to 23.97% by the end of December 2024.
Overall, CF Industries Holdings Inc demonstrated strong returns on total capital during the period under review, with notable peaks and troughs. It is important for investors and analysts to closely monitor these fluctuations in return on total capital to assess the company's efficiency in generating profits relative to its overall capital base.
Peer comparison
Dec 31, 2024