How did CF Industries' revenue and expenses shift in Q4 2024?
4/14/2025 11:28am
CF Industries' revenue and expenses in Q4 2024 showed the following changes:
1. **Revenue Shift**: The company's total revenue for Q4 2024 was $187.79 billion. This figure underscores the significant revenue generation during the period.
2. **Cost of Goods Sold (COGS) and Operating Expenses**: The COGS was $98.89 billion, which, when combined with the operating expenses of $2.33 billion, indicates a substantial cost base. These costs are critical in determining the company's gross and net margins.
3. **Depreciation and Amortization**: The company incurred depreciation and amortization of $570 million, which is a non-cash expense that reflects the wear and tear of assets. This amount, when added to the cash-based operating expenses, provides a comprehensive view of the company's operational costs.
4. **Interest and Tax Expenses**: Interest expenses were $570 million, while tax expenses totaled $2.33 billion. These expenses are crucial in assessing the company's financial health and its ability to generate profits after accounting for these liabilities.
5. **Comparison with Previous Periods**: The last change in revenue was positive at 2.01%, suggesting a growth trajectory in revenue. However, the increase in COGS and operating expenses indicates a need for efficient cost management to maintain profitability.
In summary, CF Industries experienced robust revenue growth in Q4 2024, but managing the associated costs, including COGS, operating expenses, depreciation, interest, and taxes, will be key to sustaining profitability.