---
schema_version: "secwatch.filing_event.v1"
accession: "0001324404-24-000003"
form_type: "8-K"
ticker: "CF"
cik: "0001324404"
company_name: "CF Industries Holdings, Inc."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:07:56.632896+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CF Industries FY2023 net earnings $1.53B, down 54% YoY; dividend raised 25%

## Summary
- Full year net earnings $1.53B ($7.87/diluted) vs $3.35B ($16.38) in 2022; adjusted EBITDA $2.76B vs $5.88B.
- Net sales $6.63B, down 41% from $11.19B; natural gas costs fell to $3.67/MMBtu from $7.18.
- Closed Waggaman ammonia plant acquisition for $1.675B; quarterly dividend increased 25% to $0.50/share.
- Repurchased 2.9M shares for $225M in Q4; projects 2024 capex ~$550M and ammonia production ~10M tons.
- Greenfield low-carbon ammonia plant FEED study estimate ~$3B; FID targeted H2 2024; green ammonia project commissioning underway.

## SEC filing metadata
- accession: 0001324404-24-000003
- form_type: 8-K
- ticker: CF
- cik: 0001324404
- company_name: CF Industries Holdings, Inc.
- filed_at: 2024-02-14T23:59:59+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/1324404/000132440424000003/0001324404-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1324404/000132440424000003/cf-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001324404-24-000003
- JSON: https://secwatch.observer/filing/0001324404-24-000003.json
- Plain text: https://secwatch.observer/filing/0001324404-24-000003.txt

## Key facts
- Earnings Releases
  CF Industries Holdings, Inc. reported the fourth quarter of 2023 results: net income Fourth quarter net earnings (1)(2) of $274 million, or $1.44 per diluted share.
  - Period: the fourth quarter of 2023
  - Net income: Fourth quarter net earnings (1)(2) of $274 million, or $1.44 per diluted share
  - Result: reported results
  source text: Fourth quarter net earnings (1)(2) of $274 million, or $1.44 per diluted share, EBITDA of $556 million, and adjusted EBITDA of $592 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1324404/000132440424000003/0001324404-24-000003-index.htm
- Earnings Releases
  CF Industries Holdings, Inc. reported the full year and fourth quarter ended December 31, 2023 results: net income net earnings attributable to common stockholders were $1.53 billion, or $7.87 per diluted share.
  - Period: the full year and fourth quarter ended December 31, 2023
  - Net income: net earnings attributable to common stockholders were $1.53 billion, or $7.87 per diluted share
  - Result: reported results
  source text: Full year net earnings (1)(2) of $1.53 billion, or $7.87 per diluted share, EBITDA (2) of $2.71 billion, and adjusted EBITDA (3) of $2.76 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/1324404/000132440424000003/0001324404-24-000003-index.htm

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