---
schema_version: "secwatch.filing_event.v1"
accession: "0001324404-23-000017"
form_type: "8-K"
ticker: "CF"
cik: "0001324404"
company_name: "CF Industries Holdings, Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T12:12:59.477342+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CF Industries H1 net earnings $1.09B ($5.55/shr) down 47% YoY; Q2 EPS $2.70 vs $5.58

## Summary
- Net earnings per diluted share $5.55 for H1 2023, down from $9.78 in H1 2022; Q2 2023 EPS $2.70 vs $5.58.
- Net sales $3.79B for H1 2023, down from $6.26B YoY; cost of sales benefited from lower natural gas costs ($4.56/MMBtu vs $6.79).
- Agreed to purchase Waggaman ammonia plant for $1.675B (net $1.25B cash); regulatory approvals pending.
- Repurchased 3.1M shares for $205M in H1; commenced new $3B buyback program.
- Clean energy MOUs with JERA (500k mt/yr from 2027) and Mitsui; FEED study for blue ammonia FID later 2023.

## SEC filing metadata
- accession: 0001324404-23-000017
- form_type: 8-K
- ticker: CF
- cik: 0001324404
- company_name: CF Industries Holdings, Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1324404/000132440423000017/0001324404-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1324404/000132440423000017/cf-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001324404-23-000017
- JSON: https://secwatch.observer/filing/0001324404-23-000017.json
- Plain text: https://secwatch.observer/filing/0001324404-23-000017.txt

## Key facts
- Earnings Releases
  CF Industries Holdings, Inc. reported the second quarter ended June 30, 2023 results: net income $527 million, EPS $2.70 per diluted share.
  - Period: the second quarter ended June 30, 2023
  - Net income: $527 million
  - EPS: $2.70 per diluted share
  - Result: reported results
  source text: Second quarter 2023 net earnings of $527 million, or $2.70 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1324404/000132440423000017/0001324404-23-000017-index.htm
- Earnings Releases
  CF Industries Holdings, Inc. reported the first half ended June 30, 2023 results: net income $1.09 billion, EPS $5.55 per diluted share.
  - Period: the first half ended June 30, 2023
  - Net income: $1.09 billion
  - EPS: $5.55 per diluted share
  - Result: reported results
  source text: For the first half of 2023, net earnings attributable to common stockholders were $1.09 billion, or $5.55 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1324404/000132440423000017/0001324404-23-000017-index.htm

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