CF Industries Holdings (CF) Revenue — Quarter Ended Mar 31, 2024
Revenue declined in the current quarter compared with both the prior quarter and the same quarter last year. The decrease from the prior quarter was smaller than the decline from the year-ago period.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue declined in the current quarter compared with both the prior quarter and the same quarter last year. The decrease from the prior quarter was smaller than the decline from the year-ago period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
-6.4%
Change from the immediately preceding quarter.
Year-over-year
-26.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.1B
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, 2023 | $1.8B | -47.6% |
| Sep 30, 2023 | $1.3B | -45.2% |
| Dec 31, 2023 | $1.6B | -39.8% |
| Mar 31, 2024 | $1.5B | -26.9% |
Revenue performance
The reported revenue moved lower, continuing a pattern of year-over-year declines observed in recent quarters.
Quarterly comparison
Revenue was down from the immediately preceding quarter and also fell sharply from the same quarter one year earlier. The sequential decline was less pronounced than the year-over-year drop.
What to watch
The filing context highlights global supply and demand dynamics and natural gas price volatility as factors that may affect future results.