CF Industries Holdings, Inc. Reports First Quarter 2026 Net Earnings of $615 Million, Adjusted EBITDA of $983 Million
By: Corporate Communications
May 6, 2026
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CF Industries Holdings, Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products, today announced results for the first quarter ended March 31, 2026.
Highlights
- First quarter 2026 net earnings(1) of $615 million, or $3.98 per diluted share, EBITDA(2) of $1.01 billion, and adjusted EBITDA(2) of $983 million. First quarter 2026 financial results reflect a gain of approximately $170 million from a litigation settlement
- Trailing twelve months net cash from operating activities of $2.66 billion; free cash flow(3) of $1.65 billion for same period, which includes cash inflows and outflows associated with the Blue Point joint venture
- Repurchased approximately 155,000 shares for $15 million during the first quarter of 2026
- Launched low-carbon UAN collaboration with PepsiCo to enable a lower carbon footprint from PepsiCo’s Frito-Lay brand’s U.S. potato supply chain
“The CF Industries team continued to deliver safely outstanding operational performance in the first quarter of 2026 against a backdrop of strong global nitrogen demand and tight global nitrogen supply as we entered the year,” said Chris Bohn, president and chief executive officer, CF Industries Holdings, Inc. “The conflict with Iran has further constrained global nitrogen supply and exposed the fragile nature of the global nitrogen supply chain. We remain focused on safe operations and high asset utilization across our low-cost North American-based manufacturing and distribution network, enabling CF Industries to continue to be a reliable supplier to customers and to create substantial value for long-term shareholders.”
Read the full earnings press release.