CF Industries vs Nutrien
Nutrien is the larger business, with $26.89bn of revenue in fiscal 2025 against $7.08bn for CF Industries (3.8 times as much). CF Industries grew faster (19.3% against 3.5%). CF Industries kept more of each dollar of sales as profit: a net margin of 20.5% against 8.4%. Nutrien carries less debt relative to equity (42.4% against 67.2%).
| Latest fiscal year | CF IndustriesCF, 2025 | NutrienNTR, 2025 |
|---|---|---|
| Revenue | $7.08bn | $26.89bn |
| Revenue growth | 19.3% | 3.5% |
| Net income | $1.46bn | $2.27bn |
| Operating margin | 32.5% | 13.9% |
| Net margin | 20.5% | 8.4% |
| Return on equity | 29.6% | 9.1% |
| Free cash flow | $1.80bn | $2.13bn |
| Cash | $1.98bn | $701m |
| Total debt | $3.25bn | $10.74bn |
| Debt to equity | 67.2% | 42.4% |
| Dividend per share | $2.00 | — |
| Dividend yield | 1.7% | 3.1% |
| Share buybacks | $1.36bn | $551m |
| Employees | 2,900 | — |
| Market value | $18.07bn | $33.84bn |
| Price vs our value range | — | Within our value range |
| Moat score | 58 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 36 sales | 0 buys, 0 sales |