United States was CF Industries Holdings’s largest region in fiscal 2025, bringing in $5.34B of $7.08B (75%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $8.21B | $4.86B | $4.42B | $5.34B | |||||||||||||
| U.S | — | — | — | — | |||||||||||||
| Us | — | — | — | — | |||||||||||||
| Canada | $849.00M | $607.00M | $534.00M | $598.00M | |||||||||||||
| Ca | — | — | — | — | |||||||||||||
| Other Foreign | $1.33B | $747.00M | $584.00M | $712.00M | |||||||||||||
| Export | — | — | — | — | |||||||||||||
| All Regions Outside Of Usand Canada | — | — | — | — | |||||||||||||
| United Kingdom | $642.00M | $346.00M | $327.00M | $378.00M | |||||||||||||
| Segment Geographical Groups Of Countries Group One | — | — | — | — | |||||||||||||
| North America Excluding United States & Canada | $149.00M | $75.00M | $72.00M | $58.00M | |||||||||||||
| Total | $11.19B | $6.63B | $5.94B | $7.08B |
CF Industries Holdings brought in $7.08B from its five regions in fiscal 2025, the year ended December 31, 2025. That was up 19.3% from $5.94B in fiscal 2024. United States was the largest at $5.34B (75.4%), ahead of Other Foreign at $712.00M (10.1%) and Canada at $598.00M (8.4%). The other two regions brought in $436.00M combined.
Compared with fiscal 2024, Other Foreign grew fastest, up 21.9% to $712.00M. Every region above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these regions fell from $11.19B to $7.08B, a compound annual decline of 14.1%. United States' share of the total rose from 73.4% to 75.4%.
Ammonia was CF Industries Holdings’s largest segment in fiscal 2025, bringing in $2.18B of $7.08B (31%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nitrogen | — | — | — | — | |||||||||||||
| Uan | $3.57B | $2.07B | $1.68B | $2.16B | |||||||||||||
| Ammonia | $3.09B | $1.68B | $1.74B | $2.18B | |||||||||||||
| Urea | — | $1.82B | $1.60B | $1.78B | |||||||||||||
| Granular Urea | $2.89B | — | — | — | |||||||||||||
| Phosphate | — | — | — | — | |||||||||||||
| An | $845.00M | $497.00M | $419.00M | $421.00M | |||||||||||||
| Other | $787.00M | $564.00M | $503.00M | $545.00M | |||||||||||||
| Other Products | — | — | — | — | |||||||||||||
| Total | $11.19B | $6.63B | $5.94B | $7.08B |
CF Industries Holdings brought in $7.08B from its five segments in fiscal 2025, the year ended December 31, 2025. That was up 19.3% from $5.94B in fiscal 2024. Ammonia was the largest at $2.18B (30.7%), ahead of Uan at $2.16B (30.5%) and Urea at $1.78B (25.1%). The other two segments brought in $966.00M combined.
Compared with fiscal 2024, Uan grew fastest, up 28.8% to $2.16B. Every segment above 2% of revenue grew.
CF Industries Holdings began breaking out Urea in fiscal 2023, when it brought in $1.82B. CF Industries Holdings stopped reporting Granular Urea as a separate segment after fiscal 2022, when it brought in $2.89B.
Subsidiaries was CF Industries Holdings’s largest revenue line in fiscal 2010, bringing in $2.44B of $3.97B (62%).
| Legal Entity | FY 2009 | FY 2010 |
|---|---|---|
| Subsidiaries | $2.46B | $2.44B |
| Guarantor Subsidiaries | — | $816.30M |
| Non Guarantor Subsidiaries | $429.20M | $1.02B |
| Consolidation Eliminations | -$283.30M | -$309.00M |
| Total | $2.61B | $3.97B |
CF Industries Holdings brought in $3.97B from its four revenue lines in fiscal 2010, the year ended December 31, 2010. CF Industries Holdings regrouped these revenue lines after fiscal 2009, so the total does not compare directly with that year's $2.61B. Subsidiaries was the largest at $2.44B (61.6%), ahead of Non Guarantor Subsidiaries at $1.02B (25.6%) and Guarantor Subsidiaries at $816.30M (20.6%).
Compared with fiscal 2009, Non Guarantor Subsidiaries grew 136.5% to $1.02B, while Subsidiaries fell 0.8% to $2.44B.
CF Industries Holdings began breaking out Guarantor Subsidiaries in fiscal 2010, when it brought in $816.30M. The total is net of Consolidation Eliminations, which took $309.00M off revenue in fiscal 2010.
CF Industries Holdings (CF) reports its revenue by geography, by segment and by legal entity. In fiscal 2025, United States was its largest region, bringing in $5.34B (75.4% of the total), followed by Other Foreign at $712.00M (10.1%).
United States was CF Industries Holdings' largest region in fiscal 2025, bringing in $5.34B, or 75.4% of the $7.08B total across its five regions.
Ammonia was CF Industries Holdings' largest segment in fiscal 2025, bringing in $2.18B, or 30.7% of the $7.08B total across its five segments.
Subsidiaries was CF Industries Holdings' largest revenue line in fiscal 2010, bringing in $2.44B, or 61.6% of the $3.97B total across its four revenue lines.
Among CF Industries Holdings' regions that make up at least 2% of revenue, Other Foreign grew fastest in fiscal 2025, up 21.9% from $584.00M to $712.00M.
Every figure comes from CF Industries Holdings' annual financial filings, as reported. Each line keeps the name CF Industries Holdings gives it, and years follow its fiscal calendar.
CF Industries Holdings' revenue by geography goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.