CF Industries Holdings (CF) Revenue — Quarter Ended Sep 30, 2023
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year earlier. The decrease reflects a continuation of the downward trend observed over recent quarters.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year earlier. The decrease reflects a continuation of the downward trend observed over recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.3B
Revenue reported for this quarter.
Quarter-over-quarter
-28.3%
Change from the immediately preceding quarter.
Year-over-year
-45.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.7B
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 |
|---|---|---|
| Dec 31, 2022 | $2.6B | +2.7% |
| Mar 31, 2023 | $2B | -29.8% |
| Jun 30, 2023 | $1.8B | -47.6% |
| Sep 30, 2023 | $1.3B | -45.2% |
Revenue performance
Reported revenue fell sharply from the immediately preceding quarter, marking a further contraction in the company's top line.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was significantly lower, extending the pattern of year-over-year declines seen in the prior two quarters.
What to watch
The sequential and year-over-year revenue declines warrant monitoring for any change in trajectory in upcoming quarters.