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Side-by-side financial comparison of CF Industries (CF) and LOGITECH INTERNATIONAL S.A. (LOGI). Click either name above to swap in a different company.
CF Industries is the larger business by last-quarter revenue ($1.9B vs $1.4B, roughly 1.3× LOGITECH INTERNATIONAL S.A.). CF Industries runs the higher net margin — 26.4% vs 17.7%, a 8.8% gap on every dollar of revenue. On growth, CF Industries posted the faster year-over-year revenue change (22.8% vs 6.1%). LOGITECH INTERNATIONAL S.A. produced more free cash flow last quarter ($465.6M vs $313.0M). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs 12.8%).
CF Industries Holdings, Inc. is an American manufacturer and distributor of agricultural fertilizers, including ammonia, urea, and ammonium nitrate products. The company is based in Northbrook, Illinois, a suburb of Chicago, and was founded in 1946 as the Central Farmers Fertilizer Company. For its first 56 years, it was a federation of regional agricultural supply cooperatives. CF then demutualized, and became a publicly traded company.
Logitech International S.A. is a Swiss multinational manufacturer of computer peripherals and software. Headquartered in Lausanne, Switzerland, the company has offices throughout Europe, Asia, Oceania, and the Americas. It is a component of the Swiss Market Index, and is listed on the Nasdaq.
CF vs LOGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.9B | $1.4B |
| Net Profit | $495.0M | $251.0M |
| Gross Margin | 40.9% | 43.2% |
| Operating Margin | 33.0% | 20.1% |
| Net Margin | 26.4% | 17.7% |
| Revenue YoY | 22.8% | 6.1% |
| Net Profit YoY | 26.3% | 25.4% |
| EPS (diluted) | $2.56 | $1.69 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.9B | $1.4B | ||
| Q3 25 | $1.7B | $1.2B | ||
| Q2 25 | $1.9B | $1.1B | ||
| Q1 25 | $1.7B | $1.0B | ||
| Q4 24 | $1.5B | $1.3B | ||
| Q3 24 | $1.4B | $1.1B | ||
| Q2 24 | $1.6B | $1.1B | ||
| Q1 24 | $1.5B | $1.0B |
| Q4 25 | $495.0M | $251.0M | ||
| Q3 25 | $460.0M | $170.7M | ||
| Q2 25 | $492.0M | $146.0M | ||
| Q1 25 | $351.0M | $144.1M | ||
| Q4 24 | $392.0M | $200.1M | ||
| Q3 24 | $341.0M | $145.5M | ||
| Q2 24 | $506.0M | $141.8M | ||
| Q1 24 | $238.0M | $167.6M |
| Q4 25 | 40.9% | 43.2% | ||
| Q3 25 | 38.1% | 43.4% | ||
| Q2 25 | 39.9% | 41.7% | ||
| Q1 25 | 34.4% | 43.1% | ||
| Q4 24 | 34.4% | 42.9% | ||
| Q3 24 | 32.4% | 43.6% | ||
| Q2 24 | 43.2% | 42.8% | ||
| Q1 24 | 27.8% | 43.2% |
| Q4 25 | 33.0% | 20.1% | ||
| Q3 25 | 35.0% | 16.1% | ||
| Q2 25 | 34.3% | 14.1% | ||
| Q1 25 | 27.4% | 10.5% | ||
| Q4 24 | 28.9% | 17.5% | ||
| Q3 24 | 26.6% | 14.4% | ||
| Q2 24 | 40.6% | 14.1% | ||
| Q1 24 | 20.6% | 12.9% |
| Q4 25 | 26.4% | 17.7% | ||
| Q3 25 | 27.7% | 14.4% | ||
| Q2 25 | 26.0% | 12.7% | ||
| Q1 25 | 21.1% | 14.3% | ||
| Q4 24 | 25.7% | 14.9% | ||
| Q3 24 | 24.9% | 13.0% | ||
| Q2 24 | 32.2% | 13.0% | ||
| Q1 24 | 16.2% | 16.6% |
| Q4 25 | $2.56 | $1.69 | ||
| Q3 25 | $2.19 | $1.15 | ||
| Q2 25 | $2.37 | $0.98 | ||
| Q1 25 | $1.85 | $0.94 | ||
| Q4 24 | $1.86 | $1.32 | ||
| Q3 24 | $1.55 | $0.95 | ||
| Q2 24 | $2.30 | $0.92 | ||
| Q1 24 | $1.03 | $1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.8B |
| Total DebtLower is stronger | $3.2B | — |
| Stockholders' EquityBook value | $4.8B | $2.3B |
| Total Assets | $14.1B | $4.1B |
| Debt / EquityLower = less leverage | 0.66× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.5B |
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.0B | — | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $3.0B | — | ||
| Q2 24 | $3.0B | — | ||
| Q1 24 | $3.0B | — |
| Q4 25 | $4.8B | $2.3B | ||
| Q3 25 | $4.8B | $2.1B | ||
| Q2 25 | $5.0B | $2.2B | ||
| Q1 25 | $4.8B | $2.1B | ||
| Q4 24 | $5.0B | $2.1B | ||
| Q3 24 | $5.2B | $2.1B | ||
| Q2 24 | $5.5B | $2.2B | ||
| Q1 24 | $5.4B | $2.2B |
| Q4 25 | $14.1B | $4.1B | ||
| Q3 25 | $14.2B | $3.7B | ||
| Q2 25 | $13.8B | $3.7B | ||
| Q1 25 | $13.3B | $3.5B | ||
| Q4 24 | $13.5B | $3.7B | ||
| Q3 24 | $13.8B | $3.6B | ||
| Q2 24 | $13.8B | $3.7B | ||
| Q1 24 | $13.9B | $3.6B |
| Q4 25 | 0.66× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.60× | — | ||
| Q1 25 | 0.62× | — | ||
| Q4 24 | 0.60× | — | ||
| Q3 24 | 0.57× | — | ||
| Q2 24 | 0.54× | — | ||
| Q1 24 | 0.55× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $539.0M | $480.5M |
| Free Cash FlowOCF − Capex | $313.0M | $465.6M |
| FCF MarginFCF / Revenue | 16.7% | 32.8% |
| Capex IntensityCapex / Revenue | 12.1% | 1.0% |
| Cash ConversionOCF / Net Profit | 1.09× | 1.91× |
| TTM Free Cash FlowTrailing 4 quarters | $1.8B | $903.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $539.0M | $480.5M | ||
| Q3 25 | $1.1B | $228.8M | ||
| Q2 25 | $563.0M | $125.0M | ||
| Q1 25 | $586.0M | $129.7M | ||
| Q4 24 | $420.0M | $370.9M | ||
| Q3 24 | $931.0M | $166.0M | ||
| Q2 24 | $475.0M | $176.0M | ||
| Q1 24 | $445.0M | $239.1M |
| Q4 25 | $313.0M | $465.6M | ||
| Q3 25 | $717.0M | $212.3M | ||
| Q2 25 | $318.0M | $108.8M | ||
| Q1 25 | $454.0M | $116.9M | ||
| Q4 24 | $223.0M | $356.6M | ||
| Q3 24 | $792.0M | $151.5M | ||
| Q2 24 | $391.0M | $161.4M | ||
| Q1 24 | $347.0M | $228.8M |
| Q4 25 | 16.7% | 32.8% | ||
| Q3 25 | 43.2% | 17.9% | ||
| Q2 25 | 16.8% | 9.5% | ||
| Q1 25 | 27.3% | 11.6% | ||
| Q4 24 | 14.6% | 26.6% | ||
| Q3 24 | 57.8% | 13.6% | ||
| Q2 24 | 24.9% | 14.8% | ||
| Q1 24 | 23.6% | 22.6% |
| Q4 25 | 12.1% | 1.0% | ||
| Q3 25 | 20.9% | 1.4% | ||
| Q2 25 | 13.0% | 1.4% | ||
| Q1 25 | 7.9% | 1.3% | ||
| Q4 24 | 12.9% | 1.1% | ||
| Q3 24 | 10.1% | 1.3% | ||
| Q2 24 | 5.3% | 1.3% | ||
| Q1 24 | 6.7% | 1.0% |
| Q4 25 | 1.09× | 1.91× | ||
| Q3 25 | 2.31× | 1.34× | ||
| Q2 25 | 1.14× | 0.86× | ||
| Q1 25 | 1.67× | 0.90× | ||
| Q4 24 | 1.07× | 1.85× | ||
| Q3 24 | 2.73× | 1.14× | ||
| Q2 24 | 0.94× | 1.24× | ||
| Q1 24 | 1.87× | 1.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CF
| Ammonia | $591.0M | 32% |
| UAN | $493.0M | 26% |
| Urea | $372.0M | 20% |
| Other | $244.0M | 13% |
| Other Products | $147.0M | 8% |
| Ammonium Nitrate Segment | $25.0M | 1% |
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
