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Stocks Comparison

CF Industries vs ICL: revenue, profit, margins and growth compared

CF Industries brought in $7.1B of revenue in fiscal 2025, ICL $7.2B in fiscal 2025. Revenue changed by +19.3% at CF Industries and +4.6% at ICL on the year before, so CF Industries grew faster. CF Industries kept 20.5% of its revenue as net profit, ICL 3.2%.

Side by side, latest fiscal year

CFICL
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$7.1B$7.2B
Revenue growth+19.3%+4.6%
Net income$1.5B$226M
Net margin20.5%3.2%
Free cash flow$1.8Bn/a
Free cash flow margin25.4%n/a
Earnings per share (diluted)$8.97$0.18
Cash$2B$291M
Debt$3.2Bn/a
Price to earnings12.8n/a
Market value$17.4B$6.6B
Dividend yield1.74%n/a
Rank by revenue in sector#96 of 451 · Industrials#95 of 451 · Industrials

Over the years

Revenue
CF FY2018: $4.4BCF FY2019: $4.6BCF FY2020: $4.1BCF FY2021: $6.5BCF FY2022: $11.2BCF FY2023: $6.6BCF FY2024: $5.9BCF FY2025: $7.1BICL FY2018: $5.6BICL FY2019: $5.3BICL FY2020: $5BICL FY2021: $7BICL FY2022: $10BICL FY2023: $7.5BICL FY2024: $6.8BICL FY2025: $7.2BFY18FY19FY20FY21FY22FY23FY24FY25
CF $7.1BICL $7.2B
Net income
CF FY2018: $290MCF FY2019: $493MCF FY2020: $317MCF FY2021: $917MCF FY2022: $3.3BCF FY2023: $1.5BCF FY2024: $1.2BCF FY2025: $1.5BICL FY2018: $1.2BICL FY2019: $475MICL FY2020: $11MICL FY2021: $783MICL FY2022: $2.2BICL FY2023: $647MICL FY2024: $407MICL FY2025: $226MFY18FY19FY20FY21FY22FY23FY24FY25
CF $1.5BICL $226M
Net margin
CF FY2018: 6.5%CF FY2019: 10.7%CF FY2020: 7.7%CF FY2021: 14.0%CF FY2022: 29.9%CF FY2023: 23.0%CF FY2024: 20.5%CF FY2025: 20.5%ICL FY2018: 22.3%ICL FY2019: 9.0%ICL FY2020: 0.2%ICL FY2021: 11.3%ICL FY2022: 21.6%ICL FY2023: 8.6%ICL FY2024: 5.9%ICL FY2025: 3.2%FY18FY19FY20FY21FY22FY23FY24FY25
CF 20.5%ICL 3.2%
Revenue growth
CF FY2019: +3.6%CF FY2020: -10.2%CF FY2021: +58.5%CF FY2022: +71.1%CF FY2023: -40.7%CF FY2024: -10.5%CF FY2025: +19.3%ICL FY2019: -5.1%ICL FY2020: -4.3%ICL FY2021: +37.9%ICL FY2022: +44.0%ICL FY2023: -24.8%ICL FY2024: -9.2%ICL FY2025: +4.6%FY19FY20FY21FY22FY23FY24FY25
CF +19.3%ICL +4.6%
Free cash flow
CF FY2018: $1.1BCF FY2019: $1.1BCF FY2020: $922MCF FY2021: $2.4BCF FY2022: $3.4BCF FY2023: $2.3BCF FY2024: $1.8BCF FY2025: $1.8BFY18FY19FY20FY21FY22FY23FY24FY25
CF $1.8BICL

Fiscal years as each company reports them; the two may end in different months.

Questions about CF Industries and ICL

Which is bigger by revenue, CF Industries or ICL?

ICL is bigger by revenue: $7.2B in fiscal 2025, against $7.1B for CF Industries in fiscal 2025.

Which keeps more of its revenue as profit, CF Industries or ICL?

CF Industries had a net margin of 20.5% in fiscal 2025; ICL had 3.2% in fiscal 2025.

Which grew revenue faster, CF Industries or ICL?

In their latest fiscal years revenue changed by +19.3% at CF Industries and +4.6% at ICL.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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