CF Industries Holdings Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.43B | $4.13B | $3.69B | $4.31B | $4.74B | $5.47B | $6.10B | $6.10B |
| Ammonia | $1.16B | $1.08B | $979.0M | $1.28B | $1.60B | $1.61B | $1.66B | $1.65B |
| Granular Urea | $1.11B | $1.03B | $933.0M | $1.14B | $1.24B | $1.35B | $1.45B | $1.47B |
| UAN | $1.42B | $1.34B | $1.18B | $1.37B | $1.53B | $1.54B | $1.80B | $1.71B |
| AN | $438.0M | $401.0M | $336.0M | $310.0M | $191.0M | $166.7M | $174.5M | $192.5M |
| Phosphate | $0 | $0 | $0 | $0 | $67.0M | $698.8M | $916.6M | $978.8M |
| Other | $297.0M | $277.0M | $257.0M | $204.0M | $118.0M | $107.6M | $102.0M | $89.6M |
| Cost of Revenue | $3.51B | $3.70B | $2.84B | $2.76B | $2.97B | $2.95B | $2.99B | $3.20B |
| Gross Profit | $917.0M | $434.0M | $843.0M | $1.55B | $1.78B | $2.52B | $3.11B | $2.90B |
| Gross Margin | 20.7% | 10.5% | 22.9% | 35.9% | 37.5% | 46.0% | 51.0% | 47.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $214.0M | $191.0M | $173.0M | $170.0M | $152.0M | $166.0M | $151.8M | $130.0M |
| Operating Income | $766.0M | $234.0M | $138.0M | $1.19B | $2.37B | $2.41B | $2.96B | $2.79B |
| Operating Margin | 17.3% | 5.7% | 3.7% | 27.7% | 49.9% | 44.1% | 48.5% | 45.8% |
| Interest Expense | $241.0M | $315.0M | $200.0M | $133.0M | $178.0M | $152.2M | $135.3M | $147.2M |
| Pretax Income | $547.0M | $-125.0M | $-226.0M | $1.06B | $2.19B | $2.21B | $2.83B | $2.65B |
| Income Tax Expense | $119.0M | $-575.0M | $-68.0M | $396.0M | $773.0M | $686.5M | $964.2M | $926.5M |
| Net Income | $428.0M | $450.0M | $-158.0M | $734.0M | $1.44B | $1.53B | $1.92B | $1.54B |
| Net Margin | 9.7% | 10.9% | -4.3% | 17.0% | 30.3% | 28.0% | 31.5% | 25.2% |
| EPS (Basic) | $1.25 | $1.53 | $-1.19 | $2.97 | $5.43 | $4.97 | $5.79 | $4.44 |
| EPS (Diluted) | $1.24 | $1.53 | $-1.19 | $2.96 | $5.42 | $4.95 | $5.72 | $4.40 |
| Shares Outstanding (Basic) | 232.6M | 233.5M | 233.1M | 235.3M | 255.9M | 294.4M | 319.5M | 347.0M |
| Shares Outstanding (Diluted) | 233.8M | 233.9M | 233.1M | 236.1M | 256.7M | 296.0M | 323.5M | 350.0M |
| Dividends Per Share | $1.20 | $1.20 | $1.20 | $1.20 | $1.00 | $0.44 | $0.32 | $0.20 |