Quarterly ResultMay 6, 2026, 04:47 PM
CF Industries Q1 Net Earnings $615M, Adjusted EBITDA $983M
AI Summary
CF Industries Holdings, Inc. reported strong first quarter 2026 results, with net earnings attributable to common stockholders increasing to $615 million and adjusted EBITDA reaching $983 million. These results were bolstered by a $170 million litigation settlement gain and higher average selling prices across segments due to a tight global nitrogen supply-demand balance. The company maintained strong operational performance with 99% ammonia capacity utilization and continued progress on strategic initiatives, including the Blue Point joint venture and a new low-carbon UAN collaboration with PepsiCo, despite an ongoing outage at its Yazoo City Complex.
Key Highlights
- Net earnings attributable to common stockholders rose 97.1% to $615 million.
- Diluted EPS increased 115.1% to $3.98 per share.
- Adjusted EBITDA grew 52.6% to $983 million.
- Net sales increased 19.9% to $1.99 billion.
- Recognized a $170 million gain from a litigation settlement in Q1 2026.
- Repurchased approximately 155,000 shares for $15 million during Q1 2026.
- Declared a quarterly dividend of $0.50 per common share.
- Launched a low-carbon UAN collaboration with PepsiCo for its potato supply chain.