Company / Operating Margin
CF Industries Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
32.5%
FY2025
5-year range
15.1% / 32.5%
FY2021-FY2025
Trend
+10.4%
vs FY2024
Sector context
#8 of 84
Materials
What the data says
Among 84 Materials companies, CF Industries is in the top 10% for operating margin. Operating Margin has increased for 3 consecutive years, from 15.1% in FY2022 to 32.5% in FY2025.
Based on SEC 10-K filings.
32.5% in FY2025 with a 5-year CAGR of +15.2%. Top quartile in the Materials sector.
Improved from 26.5% to 32.5% over the past 2 years.
Materials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +17.4pp
- 5-Year Change
- +15.2pp
- 10-Year Change
- -
Sector benchmark
Top 10% in MaterialsTop 10% of 84This company 32.5% Sector average -70.2%
▼
+146.2% above sector average
Key checks
Key Insights
- CF Industries's operating margin has grown for 3 consecutive years.
- In FY2025, operating margin increased 10.4% year-over-year.
- Currently 102.7pp above the Materials sector average.
- Lowest operating margin in the period was in FY2016.
Company context
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
- Strong profit margin: 25.2%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 35.0%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 32.5% | +10.4% |
| FY2024 | 29.4% | +11.2% |
| FY2023 | 26.5% | +75.0% |
| FY2022 | 15.1% | -30.8% |
| FY2021 | 21.9% | +26.3% |
| FY2020 | 17.3% | +205.1% |
| FY2019 | 5.7% | -67.2% |
| FY2018 | 17.3% | +205.2% |
| FY2017 | 5.7% | +51.3% |
| FY2016 | 3.7% | -97.0% |
As of FY2025 · SEC Form 10-K · Last checked Jul 2, 2026