CF Industries Holdings, Inc. (CF), based in Northbrook, Illinois, is the world’s largest ammonia producer, with a market capitalization of approximately $19.3 billion. It manufactures and distributes ammonia and nitrogen products used primarily as fertilizer, while expanding into low-carbon ammonia for power generation and marine shipping through its global production and distribution network.
Companies valued between $10 billion and $200 billion are generally classified as “large-cap stocks,” and CF Industries comfortably fits this category. Its market capitalization reflects its substantial size, influence, and established position within the agricultural inputs industry. CF Industries’ edge comes from its low-cost position in nitrogen production. Access to low-cost U.S. natural gas as a feedstock helps support competitive production economics and profitability, while investments in carbon-free blue and green ammonia strengthen its focus on lower-carbon solutions and future energy applications.
