CF Industries (CF)
Makes ammonia and upgraded nitrogen products for fertilizer, emissions control, and industry.
Something off on this page? Send us feedback.
Manufactures ammonia and upgrades it into urea, UAN, ammonium nitrate, and industrial nitrogen products for agriculture, emissions control, explosives, and other uses. A North American-centered production and distribution network pairs natural-gas-based economics with commercial sales of certified low-carbon products.
Produces ammonia and upgrades it into granular urea, UAN, and ammonium nitrate, with diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia serving industrial users. Core demand comes from nitrogen fertilizer, emissions control, explosives, and other industrial processes.
Runs plants in the United States, Canada, and the United Kingdom, supported by North American storage, transportation, and global export logistics. High plant utilization and the flexibility to sell or upgrade ammonia underpin execution. Carbon capture at Donaldsonville now supports certified low-carbon ammonia and UAN, while the Blue Point joint venture expands the platform. Economics depend on natural-gas costs, global nitrogen supply and demand, crop planting and fertilizer use, environmental permits, and carbon regulation.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 10, 2026 | KeyBanc | Initiate | Rating: —Target: — | Target: $115 |
| Aug 10, 2026 | Scotiabank | Reiterate | Rating: —Target: $125 | Target: $130 |
| Aug 7, 2026 | UBS | Reiterate | Rating: —Target: $97 | Target: $123 |
| Jul 24, 2026 | CIBC | Reiterate | Rating: —Target: $128 | Target: $129 |
| Jul 7, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $135 | Target: $115 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.48B · Total debt $3.61B · Total assets $15.10B · Shareholders' equity $5.75B
- Revenue
- $2.22B
- Operating income
- $1.05B
- Net income
- $727.0M
HistoryDividendAnnual yield
| Institutions | ≈ 105.49% | 159.64M shares | |
|---|---|---|---|
| 1,020 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 0.58% | 883.2K shares | |
| 23 holders · as of May 28, 2026 | |||
| Adds to | 106.07% | ||
151.34M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 106.07%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 8.61% | 13.03M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 6.63% | 10.04M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.64% | 8.53M | as of Jun 30, 2026 |
State Street CorpInstitution | 5.64% | 8.53M | as of Jun 30, 2026 |
Price T Rowe Associates Inc /MD/Institution | 5.60% | 8.47M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 17, 2026 | Bert A. Frost | officer: EVP, Chief Commercial Officer | −6,000 | $126.00 |
| Mar 17, 2026 | Richard A. Hoker | officer: VP and Corporate Controller | −3,499 | $125.38 |
| Mar 17, 2026 | Erik M. Mayer | officer: VP, Clean Energy & BusDevelop | −1,500 | $124.69 |
| Mar 13, 2026 | W. Anthony Will | director, other: Former President & CEO | −53,026 | $130.83 |
| Mar 11, 2026 | W. Anthony Will | director, other: Former President & CEO | −28,625 | $118.64 |
- Nutrien
Major nitrogen producer with crop-input distribution reach
- LSB Industries
US nitrogen chemicals producer in ammonia, UAN, and AN
- CVR Partners
Pure-play US ammonia and UAN producer
- Mosaic
Broad crop nutrient peer with phosphate and potash focus
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| CF Industries | $118.60 | −3.79% | $18.93B | 9.1 | 9.2 | 2.4 | +17.6% |
| Nutrien | $74.43 | −0.15% | $35.78B | 15.1 | 14.1 | 1.3 | +0.3% |
| LSB Industries | $10.46 | +0.19% | $751.0M | 20.9 | 10.7 | 1.1 | +11.1% |
| CVR Partners | $129.50 | +0.31% | $1.36B | 8.5 | — | 2.0 | +20.0% |
| Mosaic | $24.06 | −0.04% | $7.65B | 126.7 | 26.5 | 0.6 | −6.0% |
| Median | 18.0 | 14.1 | 1.2 | +5.7% |