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Stocks/Materials/Fertilizers & Agricultural Chemicals

CF IndustriesCF

Fertilizers & Agricultural Chemicals · Deerfield, Illinois · In the S&P 500
High qualityCheaper than peers
$123.30+4.41%After hours: $123.39 (+0.07%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 46.5% over 1 year
CF Industries over 1 yearDaily close, $, to 30 Oct 2026
$80$100$140Nov2026MarMayJulSep$123.30$75$100NovMarJul$123.30
Source: Nasdaq daily closes
Market value$18.66B
Price to earnings9.1x
Forward P/E10.0x
Dividend yield1.95%
Year to date+59.4%
One year+46.5%
Next earningsWed 4 Nov, after the close
SectorMaterials
52-week range (closes)
$76.09$139.27

Quality and valuation

How CF Industries compares with other materials stocks. A description, not a recommendation.

CF Industries and 4 fertilizers & agricultural chemicals peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: cheaper than most

A stronger business than most materials companies, priced below most of them.

CF Industries trades at 10.0 times the next 12 months of expected earnings, against a median of 16.1x for the 28 materials stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +20.0% vs +9.1%
  • Keeps more of each sale (gross margin): 42.5% vs 27.9%
  • More profitable (operating margin): 41.1% vs 10.9%
  • Turns more of its sales into cash: 24.7% vs 7.6%
CF trades at 10.0x forward earnings, below the sector medianForward p/e, Fertilizers & Agricultural Chemicals peers
CF10.0xNEM12.0xAEM14.6xFCX16.0xLIN27.6xECL35.5xSector median 16.1xCF10.0xNEM12.0xAEM14.6xFCX16.0xLIN27.6xECL35.5xSector median 16.1x
Source: CNBC quotes; Mostly Markets
At 9.1x earnings, CF is cheaper than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
10x12x15xAverage 11.8x202520269.1x10x15xAverage 11.8x202520269.1x
Source: Nasdaq prices; SEC filings

Financials

From CF Industries's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue grew 17.6% from a year earlierQuarterly revenue, $bn, latest Q2 ’26
$0bn$1bn$2bnQ3 ’24Q1 ’25Q3 ’25$2.2bnQ2 ’26$0bn$1bn$2bnQ3 ’24Q1 ’25Q3 ’25$2.2bnQ2 ’26
Source: SEC filings
Growth slowed to +17.6% last quarterRevenue growth, year on year, %
0%10%20%Q3 ’24Q1 ’25Q3 ’2517.6%Q2 ’260%10%20%Q3 ’24Q1 ’25Q3 ’2517.6%Q2 ’26
Source: SEC filings
Operating margin was 50.5% last quarterOperating income as a share of revenue, %
0%20%40%Q3 ’24Q1 ’25Q3 ’2550.5%Q2 ’260%20%40%Q3 ’24Q1 ’25Q3 ’2550.5%Q2 ’26
Source: SEC filings
Free cash flow was $1.9 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$200m$400m$600mQ3 ’24Q1 ’25Q3 ’25$607mQ2 ’26$0m$500mQ3 ’24Q1 ’25Q3 ’25$607mQ2 ’26
Source: SEC filings
Last 12 monthsCFSector median
Revenue growth+20.0%+9.1%
Gross margin42.5%27.9%
Operating margin41.1%10.9%
Free cash flow margin24.7%7.6%
Price to earnings9.1x19.9x

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FCXFreeport-McMoRan$62.47−5.55%+23.0%$87.46B
ECLEcolab$302.98+0.70%+15.4%$84.93B
AEMAgnico Eagle Mines$165.38−5.99%−2.4%$83.61B
SHWSherwin-Williams$332.61+0.76%+2.6%$80.36B