CF Industries Holdings (CF) Operating Margin (2009 - 2026)
CF Industries Holdings (CF) reported Operating Margin of 43.45% for Q1 2026, up 1609.0% year-over-year from 2.54% in Q1 2025, and up 31.84% quarter-over-quarter from 32.96% in Q4 2025.
CF Industries Holdings (CF) Operating Margin (2009 - 2026) Analysis & Trends
CF Industries Holdings (CF) has 18 years of Operating Margin data on file, last reported at 43.45% in Q1 2026.
- Operating Margin for Q1 2026 came in at 43.45%, up 1609.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 36.56% (up 559.0% YoY), and the FY2025 annual result was 32.47%, up 305.0% from the prior year.
- Operating Margin grew to 43.45% in Q1 2026 per CF's latest filing, from 32.96% in the prior quarter.
- Over five years, Operating Margin peaked at 57.81% in Q1 2022 and troughed at 19.17% in Q3 2023.
- A 5-year average of 35.73% and a median of 34.29% in 2025 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2024: Operating Margin soared 3944 bps in 2022, then slumped 2044 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 46.43% in 2022, then plunged by 42 bps to 27.12% in 2023, then advanced by 7 bps to 28.94% in 2024, then grew by 14 bps to 32.96% in 2025, then soared by 32 bps to 43.45% in 2026.
- Business Quant data shows CF's Operating Margin at 43.45% in Q1 2026, 32.96% in Q4 2025, and 34.96% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nutrien | 32,340,670.53 Bn | 32,340,669.70 Bn | 1.65 Bn | 6.32% |
| 2 | Corteva | 52.38 Bn | 48.09 Bn | 1.66 Bn | 9.41% |
| 3 | CF Industries Holdings | 17.50 Bn | 18.37 Bn | 746.00 Mn | 43.45% |
| 4 | Mosaic | 7.06 Bn | 6.93 Bn | 235.60 Mn | -12.44% |
| 5 | Scotts Miracle-Gro | 3.34 Bn | 3.34 Bn | 610.50 Mn | 27.53% |
| 6 | Fmc | 1.46 Bn | 1.10 Bn | 246.60 Mn | -10.68% |
| 7 | Cvr Partners | 1.25 Bn | 1.13 Bn | 116.84 Mn | 32.02% |
| 8 | Intrepid Potash | 459.41 Mn | 453.51 Mn | 17.67 Mn | 6.31% |
| 9 | American Vanguard | 76.21 Mn | 5.29 Mn | 38.42 Mn | 1.53% |
| 10 | Bioceres Crop Solutions | 26.72 Mn | 40.72 Mn | 12.70 Mn | -11.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 43.45% |
| Dec 31, 2025 | 32.96% |
| Sep 30, 2025 | 34.96% |
| Jun 30, 2025 | 34.29% |
| Mar 31, 2025 | 27.36% |
| Dec 31, 2024 | 28.94% |
| Sep 30, 2024 | 26.57% |
| Jun 30, 2024 | 40.59% |
| Mar 31, 2024 | 20.61% |
| Dec 31, 2023 | 27.12% |
| Sep 30, 2023 | 19.17% |
| Jun 30, 2023 | 41.35% |
| Mar 31, 2023 | 41.05% |
| Dec 31, 2022 | 46.43% |
| Sep 30, 2022 | 32.31% |
| Jun 30, 2022 | 52.46% |
| Mar 31, 2022 | 57.81% |
| Dec 31, 2021 | 44.45% |
| Sep 30, 2021 | -7.12% |
| Jun 30, 2021 | 28.34% |