Analysis for CF
- 📈 Growth — 27/30
- 💰 Profitability — 18/20
- 🏦 Financial Health — 18/20
- 💵 Valuation — 14/20
- ⚠️ Risk — 6/10
Summary:
📈 Growth & Financial Trajectory
Over 8 quarters, revenue rose from $1.524B (2024 Q3) to $2.222B (2026 Q2), a ~46% gain. Net income climbed from $392M to $869M, up ~122%, signaling earnings power and scale expansion despite quarterly volatility.
💰 Margins & Cash Flow
Gross margin averaged ~39.8% with a improving trajectory, rising to 51.6% in 2026 Q2. Operating margin, while volatile, averaged in the mid-to-high teens of percentage points but trended toward the 40s–50s in later quarters, indicating strong operating leverage. Net cash flow from operating activities remained positive across periods, generally in the $420M–$878M range, supporting ongoing investing activity.
🛡️ Balance Sheet & Liquidity
Assets run around $14–15B with equity typically $4.8–8.9B and long-term debt near $3.0–3.4B, suggesting solid leverage capacity. Current liabilities are modest, providing liquidity headroom. The balance sheet demonstrates resilience to cyclicality and capacity to fund operations and growth.
⚠️ Key Drivers & Risks
- Drivers: Fertilizer demand and nitrogen pricing dynamics; effective cost discipline and improving product mix.
- Risks: Commodity price/volume cyclicality and earnings sensitivity to input costs; sector regulatory and market shifts could affect margins.