---
schema_version: "secwatch.filing_event.v1"
accession: "0001324404-23-000010"
form_type: "8-K"
ticker: "CF"
cik: "0001324404"
company_name: "CF Industries Holdings, Inc."
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T04:44:47.544123+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CF Industries Q1 net earnings $560M ($2.85/share) vs $883M a year ago; revenue down 30%

## Summary
- Net earnings $560M ($2.85 diluted EPS) vs $883M ($4.21) in Q1 2022; adjusted EBITDA $866M vs $1.648B.
- Net sales $2.012B, down 30% YoY due to lower selling prices and volumes.
- Signed $1.675B deal to acquire Waggaman ammonia complex from IPL; $1.25B cash funded.
- MOU with LOTTE for clean ammonia supply; advancing blue/green ammonia projects.
- Repurchased >1M shares for $75M; $80M remaining under current authorization.

## SEC filing metadata
- accession: 0001324404-23-000010
- form_type: 8-K
- ticker: CF
- cik: 0001324404
- company_name: CF Industries Holdings, Inc.
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1324404/000132440423000010/0001324404-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1324404/000132440423000010/cf-20230501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001324404-23-000010
- JSON: https://secwatch.observer/filing/0001324404-23-000010.json
- Plain text: https://secwatch.observer/filing/0001324404-23-000010.txt

## Key facts
- Earnings Releases
  CF Industries Holdings, Inc. reported first quarter ended March 31, 2023 results: net income $560 million, EPS $2.85 per diluted share.
  - Period: first quarter ended March 31, 2023
  - Net income: $560 million
  - EPS: $2.85 per diluted share
  - Result: reported results
  source text: First quarter 2023 net earnings of $560 million (1) , or $2.85 per diluted share, EBITDA (2) of $924 million, and adjusted EBITDA (2) of $866 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1324404/000132440423000010/0001324404-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
