CF Industries Holdings (CF) Revenue — Quarter Ended Mar 31, 2023
Revenue declined in the current quarter compared to both the immediately preceding period and the same period one year earlier. The decrease reflects a continuation of the downward trend observed in recent quarters.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue declined in the current quarter compared to both the immediately preceding period and the same period one year earlier. The decrease reflects a continuation of the downward trend observed in recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2B
Revenue reported for this quarter.
Quarter-over-quarter
-22.9%
Change from the immediately preceding quarter.
Year-over-year
-29.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $3.4B | +113.4% |
| Sep 30, 2022 | $2.3B | +70.4% |
| Dec 31, 2022 | $2.6B | +2.7% |
| Mar 31, 2023 | $2B | -29.8% |
Revenue performance
The reported revenue was lower than the prior quarter, marking a reversal from the modest increase seen in the preceding period.
Quarterly comparison
Compared with the same quarter a year ago, revenue was also down, extending the year-over-year decline that began in the prior quarter.
What to watch
The filing highlights risks associated with pending transactions and the integration of acquired operations, which may affect future performance.