CF Industries Holdings, Inc. Reports First Half 2024 Net Earnings of $614 Million, Adjusted EBITDA of $1.21 Billion

CF Industries Holdings, Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products, today announced results for the first half and second quarter ended June 30, 2024.

Highlights

• First half 2024 net earnings ⁽¹⁾⁽²⁾ of $614 million, or $3.31 per diluted share, EBITDA ⁽³⁾ of $1.24 billion, and adjusted EBITDA ⁽³⁾ of $1.21 billion
• Second quarter 2024 net earnings of $420 million, or $2.30 per diluted share, EBITDA of $752 million, and adjusted EBITDA of $752 million
• Trailing twelve months net cash from operating activities of $2.02 billion and free cash flow ⁽⁴⁾ of $1.15 billion
• Entered agreement with ExxonMobil for the transport and sequestration of up to 500,000 metric tons of carbon dioxide from Company’s Yazoo City, Mississippi, facility; start-up expected in 2028
• Repurchased 4.0 million shares for $305 million during the second quarter of 2024

"I am extremely proud of the team for running our plants exceptionally well, with phenomenal safety performance in the second quarter," said Tony Will, president and chief executive officer, CF Industries Holdings, Inc.

Read full release here.