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Form 8-K · Current Report · Filed 2026-02-18

CF Industries Reports Strong 2025 Financial Results and Provides 2026 Outlook

CF Industries Holdings, Inc. reported strong financial results for the quarter and year ended December 31, 2025, driven by constructive global nitrogen dynamics. The company achieved Q4 2025 Adjusted EBITDA of $821 million and FY 2025 Adjusted EBITDA of $2.8 billion. CF Industries also returned $1.7 billion to shareholders through dividends and share repurchases. The company expects global nitrogen supply-demand balance to remain tight in 2026, driven by strong global demand, geopolitical uncertainty, and European closures. Total capital expenditures are expected to be ~$1.3 billion, with ~$600 million allocated to the Blue Point joint venture. CF Industries provided a positive outlook for 2026, with an expected EBITDA growth of 20% and free cash flow growth of 33%. The company's strong cash generation and disciplined capital allocation strategies position it well for future growth.

Filer
Cf Industries Holdings Inc. CF · NYSE
Filed
Accession
0001104659-26-017110
CIK
0001324404
Signal
Medium impactBasic Materials

Items reported

Item events

Reported Item

Earnings Beat General Statement Strategic Partnership New Major Contract Investment Agreement

Market reaction

Close before filing

$93.79

Next session

+6.0%

Since filing

+33.5%

Latest close

$125.19

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CF reporting the same item, with the next session's move:

About Cf Industries Holdings Inc.

Cf Industries Holdings Inc. is a leading manufacturer and distributor of nitrogen and other specialty fertilizers. The primary function of the company is to enhance the agricultural productivity of its customers, which include both farmers and agricultural communities globally. With its robust production capabilities, Cf Industries operates world-class manufacturing complexes primarily in the United States and Canada, ensuring a stable supply of nitrogen-based fertilizers, such as ammonia, urea, and urea ammonium nitrate. These products are vital to the agricultural sector, contributing significantly to crop yield improvements and global food production efficiency. Additionally, the company focuses on operational excellence and sustainability initiatives, aiming to reduce carbon emissions and energy consumption across its facilities. Cf Industries' strategic role in the agricultural supply chain underscores its importance in meeting the rising global demand for food amidst environmental and economic challenges. As such, the company is a key player in supporting sustainable agricultural practices and the advancement of food security worldwide.

Exchange NYSE Industry Agricultural Inputs Company website ↗

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