Please enter a query to search

We use cookies to enhance your website experience, improve functionality, and measure how users interact with our website. To learn more, please visit our Privacy Policy. By using our website, you agree to our Terms and Conditions, including the arbitration agreement contained therein. You may opt-out of the arbitration agreement within 60 days as described in the Terms.

CF Industries Holdings, Inc. Reports First Nine Months 2025 Net Earnings of $1.05 Billion, Adjusted EBITDA of $2.07 Billion

By: Corporate Communications
November 5, 2025
Company

Share

CF Industries Holdings, Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products, today announced results for the nine months and third quarter ended September 30, 2025.

Highlights

  • First nine months 2025 net earnings(1) of $1.05 billion, or $6.39 per diluted share, EBITDA(2) of $2.05 billion, and adjusted EBITDA(2) of $2.07 billion
  • Third quarter 2025 net earnings of $353 million, or $2.19 per diluted share, EBITDA of $671 million, and adjusted EBITDA of $667 million
  • Trailing twelve months net cash from operating activities of $2.63 billion; free cash flow(3) of $1.70 billion for same period, which includes cash inflows and outflows associated with the Blue Point joint venture
  • Repurchased 3 million shares for $364 million during the third quarter of 2025
  • Completed $3 billion share repurchase program authorized in 2022 and commenced $2 billion share repurchase program authorized in 2025 during October 2025
  • Sold cargoes of certified low-carbon ammonia at a premium price to conventional ammonia to customers in Africa and Europe in September
  • Completed a nitric acid plant abatement project at Verdigris, OK, facility in October 2025, that is expected to reduce carbon dioxide-equivalent (CO2-e) emissions by over 600,000 metric tons on an annual basis

“The CF Industries team continues to deliver outstanding results, working safely and operating our network well against the backdrop of continued constructive global nitrogen industry dynamics, driving strong free cash generation in the quarter and over the last 12 months,” said Tony Will, president and chief executive officer, CF Industries Holdings, Inc. “We also reached a milestone in our clean energy strategy by both capturing a premium price for our first cargoes of certified low-carbon ammonia and earning 45Q tax credits as expected. The financial benefits from our investments in low-carbon ammonia and decarbonization projects are earning a very high rate of return for our shareholders.”

Read the complete press release.

Related Articles