CF Industries Holdings (CF) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased sequentially but declined compared to the same quarter last year. The sequential improvement reversed a prior downward trend.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter increased sequentially but declined compared to the same quarter last year. The sequential improvement reversed a prior downward trend.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
+23.4%
Change from the immediately preceding quarter.
Year-over-year
-39.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.6B
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 |
|---|---|---|
| Mar 31, 2023 | $2B | -29.8% |
| Jun 30, 2023 | $1.8B | -47.6% |
| Sep 30, 2023 | $1.3B | -45.2% |
| Dec 31, 2023 | $1.6B | -39.8% |
Revenue performance
The reported revenue direction was upward from the immediately preceding quarter, marking a sequential increase. However, on a year-over-year basis, revenue was lower.
Quarterly comparison
Compared to the prior quarter, revenue rose, while compared to the same quarter one year earlier, it fell. The sequential gain followed a pattern of declines in earlier quarters of the fiscal year.
What to watch
The year-over-year decline persists despite the sequential rebound, indicating ongoing pressure relative to the prior year's performance.