CF Industries HoldingsCF +2.54%70 Debt-to-EBITDA is 0.82 as of Mar. 2026, which is 56% below its 10-year median of 1.85. GuruFocus rates CF with a GF Score™ of 70/100 and a GF Value™ of $116.16 (Fairly Valued). The stock has 1 warning sign investors should review. Among 201 Agriculture companies, CF Industries Holdings ranks better than 71.14% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for CF Industries Holdings's Debt-to-EBITDA or its related term are showing as below:
CF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.51 Med: 1.85 Max: 9.74
Current: 0.98
During the past 13 years, the highest Debt-to-EBITDA Ratio of CF Industries Holdings was 9.74. The lowest was 0.51. And the median was 1.85.
CF's Debt-to-EBITDA is ranked better than 71.14% of 201
companies
in the Agriculture industry
Industry Median: 1.96
vs CF: 0.98
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
CF Industries Holdings Debt-to-EBITDA Related Terms
CF Industries Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for CF Industries Holdings's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Agricultural Inputs subindustry, CF Industries Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CF Industries Holdings Debt-to-EBITDA vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, CF Industries Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where CF Industries Holdings's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
CF Industries Holdings (CF) has a Debt-to-EBITDA of 0.82 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on CF Industries Holdings. This is 56% below median its historical median of 1.85. Over the past decade, CF Industries Holdings' Debt-to-EBITDA has ranged from 0.51 to 9.74. According to the industry distribution chart, CF Industries Holdings ranks #58 out of 201 companies in the Agriculture industry, placing it in the top 28.9%.
Is CF Industries Holdings' Debt-to-EBITDA too high?
CF Industries Holdings' current Debt-to-EBITDA of 0.82 is 56% below median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 9.74. The Agriculture industry median Debt-to-EBITDA is 1.96. CF Industries Holdings' value of 0.82 is 58.2% below this industry median. Based on the distribution chart, CF Industries Holdings ranks #58 out of 201 companies in the Agriculture industry, which is above the industry midpoint. Overall, CF Industries Holdings has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CF Industries Holdings' Debt-to-EBITDA compare to MOS and SMG?
According to the Agriculture industry distribution chart, CF Industries Holdings ranks #58 out of 201 companies for Debt-to-EBITDA. This puts CF Industries Holdings in the upper half of its industry. The industry median Debt-to-EBITDA is 1.96. CF Industries Holdings' value of 0.82 is 58.2% below this benchmark. Historically, CF Industries Holdings' own Debt-to-EBITDA has ranged from 0.51 to 9.74 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 1.96, CF Industries Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Agriculture company?
The median Debt-to-EBITDA among Agriculture companies is 1.96, based on 201 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CF Industries Holdings's current Debt-to-EBITDA of 0.82 is 58.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on CF Industries Holdings. For the Agriculture industry, the median Debt-to-EBITDA is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CF Industries Holdings's current Debt-to-EBITDA is 0.82, which is 56% below median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CF Industries Holdings stock overvalued right now?
Based on GuruFocus' analysis, CF Industries Holdings (CF) is currently considered Fairly Valued. The stock's GF Value™ is $116.16, compared to a current price of $116.92 — trading 0.7% above its estimated fair value. The current Debt-to-EBITDA is 0.82, which is 56% below median its 10-year median of 1.85 and 58.2% below the Agriculture industry median of 1.96. CF Industries Holdings' overall GF Score™ is 70/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For CF Industries Holdings (CF), the current Debt-to-EBITDA is 0.82 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CF Industries Holdings (CF) Overvalued in 2026?
Based on GuruFocus' analysis, CF Industries Holdings stock appears to be overvalued.
The current stock price of $116.92 is trading 0.7% above its estimated GF Value™ of $116.16.
GuruFocus considers CF Industries Holdings to be Fairly Valued.
Key valuation signals for CF:
Debt-to-EBITDA: 0.82 (56% below median its 10-year median of 1.85)
GF Value™: $116.16 vs. price of $116.92 (0.7% above fair value)
Industry Position: 58.2% below the Agriculture median (#58 of 201)
No single metric tells the full story. See the CF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CF Industries is a leading producer and distributor of nitrogen, which is primarily used in fertilizers. The company operates nitrogen manufacturing plants primarily in North America. CF also produces nitrogen in the United Kingdom and holds a joint venture interest in a nitrogen production facility in Trinidad and Tobago. CF makes nitrogen primarily using low-cost US natural gas as its feedstock, making the company one of the lowest-cost nitrogen producers globally. It is also investing in carbon-free blue and green ammonia, which can be used as an alternative fuel to hydrogen or as a means to transport hydrogen.
70GF Score
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