CF Industries Holdings, Inc. Reports Full Year 2019 Results

By: Corporate Communications
February 12, 2020
Company

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CF Industries Holdings, Inc. (NYSE: CF), a leading global fertilizer and chemical company, today announced results for its fourth quarter and year ended December 31, 2019.

 Highlights

  • Full year net earnings of $493 million(1), or $2.23 per diluted share; EBITDA(2) of $1,620 million; adjusted EBITDA(2) of $1,610 million
  • Fourth quarter net earnings of $55 million(1), or $0.25 per diluted share; EBITDAof $306 million; adjusted EBITDA of $325 million
  • Full year net cash from operating activities of $1,505 million, free cash flow(3) of $915 million
  • Lowest year-end 12-month rolling average recordable incident rate in company‚Äôs history
  • Set company record for quarterly gross ammonia production in fourth quarter
  • Redeemed $750 million in debt, lowering long-term debt to $4.0 billion
  • Repurchased 1.9 million shares during the quarter

Read the full press release.