Cf Industries Holdings, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 17, 2021 at 04:43 pm EST
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CF Industries Holdings, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was USD 1,102 million compared to USD 1,049 million a year ago. Operating income was USD 156 million compared to USD 175 million a year ago. Net income was USD 87 million compared to USD 55 million a year ago. Basic earnings per share from continuing operations was USD 0.4 compared to USD 0.26 a year ago. Diluted earnings per share from continuing operations was USD 0.4 compared to USD 0.25 a year ago. For the full year, sales was USD 4,124 million compared to USD 4,590 million a year ago. Operating income was USD 623 million compared to USD 1,003 million a year ago. Net income was USD 317 million compared to USD 493 million a year ago. Basic earnings per share from continuing operations was USD 1.48 compared to USD 2.24 a year ago. Diluted earnings per share from continuing operations was USD 1.47 compared to USD 2.23 a year ago.
CF Industries Holdings, Inc. specializes in the manufacturing and the marketing of nitrate and phosphate fertilizers. Net sales break down by family of products as follows:
- products based on urea and ammonium nitrate solution (31.2%): 7,237 Kt sold in 2023;
- urea (27.5%): 4,570 Kt sold;
- ammonium (25.3%): 3,546 Kt sold;
- ammonium nitrate (7.5%): 1,571 Kt sold;
- other (8.5%).
Net sales are distributed geographically as follows: the United States (73.2%), Canada (9.2%), North America (1.1%), the United Kingdom (5.2%) and other (11.3%).
CF INDUSTRIES HOLDINGS, INC. 
