earnings
confidence high
sentiment positive
materiality 0.85
CF Industries Q1 2025 net earnings $312M ($1.85/diluted); announces $2B buyback, Blue Point JV
CF Industries Holdings, Inc.
2025-Q1 EPS reported
$1.85
revenue$1,663,000,000
- Net earnings $312M, EPS $1.85 diluted vs $194M, $1.03 YoY; adjusted EBITDA $644M vs $459M.
- Net sales $1.66B (+13% YoY); gross margin 34.4% vs 27.8%.
- Blue Point JV with JERA (35%) and Mitsui (25%) for low-carbon ammonia plant; $4B total cost, production start 2029.
- Board authorized additional $2B share repurchase program through 2029; $434M repurchased in Q1.
- Full-year 2025 capex guided $800-900M including JV; expects ~10M tons ammonia production.