CF Industries Holdings (CF) Tax Rate (2009 - 2026)
CF Industries Holdings' Tax Rate was 20.49% in Q2 2026, down 2.03 percentage points from 22.52% a year earlier but up 0.59 percentage points from the prior quarter.
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Analysis
CF Industries Holdings (CF) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, CF Industries Holdings' Tax Rate was 19.48% through Jun 30, 2026, up 2.20 percentage points year-over-year; for FY2025, it came in at 19.70%, up 3.52 percentage points from FY2024.
- Tax Rate shows a five-year change of +13.00 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 16.17% in FY2024 (-2.06 pp), 18.24% in FY2023 (-4.49 pp), 22.73% in FY2022 (+4.39 pp) and 18.34% in FY2021 (+11.65 pp).
- Quarterly Tax Rate has moved between 9.09% (Q3 2023) and 33.58% (Q3 2021) over five years.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +1.03 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2021 (a gain of 22.54 percentage points); the worst was Q3 2021 (a drop of 110.87 percentage points).
- Per Business Quant data, CF's Tax Rate in the three quarters before Q2 2026 was 19.91% (Q1 2026), 17.86% (Q4 2025) and 18.58% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.15 Bn | 213.73 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 114.10 Bn | 106.67 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 82.02 Bn | 81.06 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 67.33 Bn | 62.52 Bn | 1.04 Bn | - |
| 5 | LyondellBasell Industries | 41.43 Bn | 30.94 Bn | 2.04 Bn | 29.21% |
| 6 | Nutrien | 33.60 Bn | 30.43 Bn | 3.25 Bn | 21.50% |
| 7 | Ati | 24.89 Bn | 22.91 Bn | 309.80 Mn | 20.01% |
| 8 | Qnity Electronics | 24.86 Bn | 22.00 Bn | 666.00 Mn | 31.66% |
| 9 | Ppg Industries | 24.26 Bn | 16.91 Bn | 1.81 Bn | 22.32% |
| 10 | CF Industries Holdings | 18.07 Bn | 9.73 Bn | 1.15 Bn | 20.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.49% |
| Mar 31, 2026 | 19.91% |
| Dec 31, 2025 | 17.86% |
| Sep 30, 2025 | 18.58% |
| Jun 30, 2025 | 22.52% |
| Mar 31, 2025 | 19.68% |
| Dec 31, 2024 | 9.49% |
| Sep 30, 2024 | 14.75% |
| Jun 30, 2024 | 19.55% |
| Mar 31, 2024 | 20.67% |
| Dec 31, 2023 | 19.27% |
| Sep 30, 2023 | 9.09% |
| Jun 30, 2023 | 18.11% |
| Mar 31, 2023 | 20.63% |
| Dec 31, 2022 | 19.54% |
| Sep 30, 2022 | 22.37% |
| Jun 30, 2022 | 21.00% |
| Mar 31, 2022 | 27.62% |
| Dec 31, 2021 | 20.83% |
| Jun 30, 2021 | 21.14% |
API Access
CF Industries Holdings Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();