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CF Industries Holdings, Inc. (CF)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-K8-K10-Q10-Q10-K10-Q10-Q
Net sales   11,186.011,118.010,159.08,358.06,538.05,100.04,585.0
            Net sales growth   71.1%118.0%121.6%99.0%58.5%25.3%7.6%
Cost of sales   5,325.05,358.04,875.04,562.04,151.03,688.03,530.0
    Gross margin   5,861.05,760.05,284.03,796.02,387.01,412.01,055.0
            Gross margin   52.4%51.8%52.0%45.4%36.5%27.7%23.0%
Selling, general and administrative expenses   290.0259.0245.0232.0223.0219.0216.0
U.K. operations restructuring     10.0    
Other operating—net   -289.0148.0-33.0-35.0-39.0-18.0-27.0
    Total other operating costs and expenses   6,621.06,591.06,960.06,283.05,846.05,080.03,908.0
Equity in earnings of operating affiliate   94.074.0     
    Operating earnings   5,397.05,315.04,468.03,140.01,729.0756.0893.0
            Operating margin   48.2%47.8%44.0%37.6%26.4%14.8%19.5%
Interest expense   -344.0-413.0-413.0-377.0-184.0-178.0-180.0
Interest income     -44.0-36.0   
Loss on debt extinguishment     21.0  19.0 
Other non-operating—net   14.0  -17.0-16.0-16.04.0
Income tax provision (benefit)   1,158.01,139.0938.0666.0283.055.088.0
    Net earnings     3,158.02,136.01,260.0520.0615.0
Less: Net earnings attributable to noncontrolling interest     590.0487.0343.0221.0159.0
    Net earnings attributable to common stockholders   3,346.03,191.02,568.01,649.0917.0299.0456.0
   
Net earnings per share attributable to common stockholders:          
Basic (in dollars per share)   $16.37$15.29$12.24$7.79$4.26$1.39$2.12
Diluted (in dollars per share)   $16.31$15.23$12.19$7.75$4.24$1.38$2.11
   
Weighted average common shares outstanding:          
Basic (in shares)   205.1208.0211.7213.5215.1215.1214.8
Diluted (in shares)   206.0209.0212.5214.4215.9215.7215.4
   
Dividends declared per common share (in dollars per share)     $1.00$0.90 $0.90$0.90

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