Company / Working Capital
CF Industries Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$2.1B
FY2025
5-year range
$1.2B / $2.7B
FY2021-FY2025
Trend
+23.3%
vs FY2024
Sector context
#21 of 121
Materials
What the data says
CF Industries's working capital of $2.1B is higher than 83% of companies in the Materials sector (FY2025). Working Capital returned to growth in FY2025 after 2 years of decline, reaching $2.1B.
Based on SEC 10-K filings.
$2.1B in FY2025 with a 5-year CAGR of +35.4%. Top quartile in the Materials sector.
Declined from $2.3B to $2.1B over the past 2 years.
Materials sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -7.8%
- 5-Year CAGR
- +35.4%
- 10-Year CAGR
- -
Sector benchmark
Top 17% in MaterialsTop 17% of 121This company $2.1B Sector average $1.2B
▼
+77.0% above sector average
Key checks
Key Insights
- 5-year CAGR of +35.4%, indicating consistent growth.
- In FY2025, working capital increased 23.3% year-over-year.
- Ranks #21 out of 121 companies in the Materials sector.
- Peak working capital was recorded in FY2022.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.1B | +23.3% |
| FY2024 | $1.7B | -24.4% |
| FY2023 | $2.3B | -16.0% |
| FY2022 | $2.7B | +130.7% |
| FY2021 | $1.2B | +151.8% |
| FY2020 | $461.0M | +49.2% |
| FY2019 | $309.0M | -45.7% |
| FY2018 | $569.0M | -35.7% |
| FY2017 | $885.0M | -55.1% |
| FY2016 | $2.0B | +2335.0% |
As of FY2025 · SEC Form 10-K · Last checked Jul 2, 2026