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Sep 30, 2024

CF Industries Q3 2024 Earnings Report

CF Industries' Q3 2024 financial performance reflected a strong adjusted EBITDA and net earnings, driven by industry-leading operational excellence and cash generation.

Key Takeaways

CF Industries reported a strong Q3 2024 with an adjusted EBITDA of $511 million and net earnings attributable to common stockholders of $276 million. The company's operational excellence drove cash generation, with a focus on returning capital to shareholders and investing in growth opportunities.

Adjusted EBITDA reached $511 million in Q3 2024.

Net earnings attributable to common stockholders stood at $276 million in Q3 2024.

The company maintains industry-leading operational excellence with approximately 93% capacity utilization.

Capital allocation prioritized returning capital to shareholders and investing in high-return projects.

Total Revenue
$1.37B
Previous year: $1.27B
+7.6%
EPS
$1.55
Previous year: $0.85
+82.4%
Gross Profit
$444M
Previous year: $377M
+17.8%
Cash and Equivalents
$1.88B
Previous year: $3.25B
-42.3%
Free Cash Flow
$1.51B
Previous year: $471M
+221.4%
Total Assets
$13.8B
Previous year: $13.5B
+2.2%

CF Industries

CF Industries

Forward Guidance

CF Industries is focused on creating substantial value for long-term shareholders through disciplined growth initiatives and clean energy investments.

Positive Outlook

  • Evaluate accretive acquisitions.
  • Invest in high return projects within our network.
  • Margin enhancing projects.
  • Low-carbon ammonia production growth.
  • Return capital to shareholders through share repurchases and quarterly dividends.