CF vs. NEM: CF Industries vs. Newmont Stock Comparison

November 11, 2026

How do CF Industries (CF) and Newmont (NEM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

CF Industries (CF) and Newmont (NEM) both fall under the Materials industry group, but CF is classified in Chemicals while NEM is classified in Metals & Mining.

Company profile comparison for CF Industries (CF) and Newmont (NEM)
Profile Item	CF	NEM
Name	CF Industries Holdings, Inc.	Newmont Corporation
Country/Region	United States	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Chemicals	Metals & Mining
GICS Sub-Industry	Fertilizers & Agricultural Chemicals	Gold
Market Capitalization	17.46 billion USD	125.65 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	August 11, 2005	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

NEM

GSPC

CF Industries (CF) vs. Newmont (NEM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for CF Industries (CF) and Newmont (NEM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for CF Industries (CF) and Newmont (NEM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for CF Industries (CF) and Newmont (NEM)
Metric	CF	NEM
Total Return (1Y)	49.36%	51.53%
Total Return (3Y, Annualized)	17.00%	57.50%
Total Return (5Y, Annualized)	16.09%	20.41%

Risk Profile

Drawdown History

NEM

GSPC

CF Industries (CF) vs. Newmont (NEM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for CF Industries (CF) and Newmont (NEM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for CF Industries (CF) and Newmont (NEM)
Metric	CF	NEM
Volatility (1Y, Annualized)	43.66%	48.55%
Beta (5Y)	0.56	0.51
Max Drawdown (5Y)	-48.36%	-62.40%
Avg. Volume (3M)	2.49M	6.95M

Risk-Adjusted Performance

Risk-Return Positioning

CF and NEM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for CF Industries (CF) and Newmont (NEM)
Metric	CF	NEM
Sharpe Ratio (1Y)	1.03	0.97
Sortino Ratio (1Y)	1.59	1.41

Profitability

ROE (TTM)

Both CF Industries (CF) at 30.86% and Newmont (NEM) at 27.26% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

CF

Materials industry group

30.86%

Max: 52.88%
CF: 30.86%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

NEM

Materials industry group

27.26%

Max: 52.88%
NEM: 27.26%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

CF Industries (CF) vs. Newmont (NEM): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both CF Industries (CF) at 27.48% and Newmont (NEM) at 34.73% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

CF

Materials industry group

27.48%

Max: 38.66%
CF: 27.48%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

NEM

Materials industry group

34.73%

Max: 38.66%
NEM: 34.73%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

CF Industries (CF) vs. Newmont (NEM): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both CF Industries (CF) at 34.36% and Newmont (NEM) at 49.99% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

CF

Materials industry group

34.36%

Max: 66.70%
CF: 34.36%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

NEM

Materials industry group

49.99%

Max: 66.70%
NEM: 49.99%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

CF Industries (CF) vs. Newmont (NEM): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for CF Industries (CF) and Newmont (NEM)
Metric	CF	NEM
ROE (TTM)	30.86%	27.26%
ROA (TTM)	12.61%	16.37%
Net Margin (TTM)	27.48%	34.73%
Operating Margin (TTM)	34.36%	49.99%
Gross Margin (TTM)	42.52%	68.04%

Growth

Revenue Growth

Both CF Industries (CF) at 19.34% and Newmont (NEM) at 21.34% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

CF Industries (CF) vs. Newmont (NEM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Newmont (NEM) at 118.84% sits in the top EPS growth quartile, while CF Industries (CF) at 33.09% is closer to the peer norm — faster per-share earnings growth for NEM.

CF Industries (CF) vs. Newmont (NEM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for CF Industries (CF) and Newmont (NEM)
Metric	CF	NEM
Revenue Growth (YoY)	19.34%	21.34%
Revenue Growth (3Y CAGR)	-14.12%	23.91%
EPS Growth (YoY)	33.09%	118.84%
EPS Growth (3Y CAGR)	-18.19%	--

Financial Strength

Current Ratio (MRQ)

Both CF Industries (CF) at 2.98 and Newmont (NEM) at 2.45 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

CF

Materials industry group

2.98

Max: 5.96
Q3: 3.30
CF: 2.98
Median: 2.24
Q1: 1.45
Min: 0.16

NEM

Materials industry group

2.45

Max: 5.96
Q3: 3.30
NEM: 2.45
Median: 2.24
Q1: 1.45
Min: 0.16

CF Industries (CF) vs. Newmont (NEM): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Both CF Industries (CF) at 0.41 and Newmont (NEM) at 0.16 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

CF

Materials industry group

0.41

Max: 1.98
Q3: 0.89
Median: 0.47
CF: 0.41
Q1: 0.13
Min: 0.00

NEM

Materials industry group

0.16

Max: 1.98
Q3: 0.89
Median: 0.47
NEM: 0.16
Q1: 0.13
Min: 0.00

CF Industries (CF) vs. Newmont (NEM): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for CF Industries (CF) and Newmont (NEM)
Metric	CF	NEM
Current Ratio (MRQ)	2.98	2.45
Debt / Equity (MRQ)	0.41	0.16
Net Debt / EBITDA	0.21	-0.18

Dividends

Dividend Yield (TTM)

Both CF Industries (CF) at 1.77% and Newmont (NEM) at 0.87% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

CF

Materials industry group

1.77%

Max: 4.52%
Q3: 1.85%
CF: 1.77%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

NEM

Materials industry group

0.87%

Max: 4.52%
Q3: 1.85%
NEM: 0.87%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

CF Industries (CF) vs. Newmont (NEM): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both CF Industries (CF) at 14.81% and Newmont (NEM) at 11.95% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

CF

Materials industry group

14.81%

Max: 83.62%
Q3: 41.37%
CF: 14.81%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

NEM

Materials industry group

11.95%

Max: 83.62%
Q3: 41.37%
NEM: 11.95%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

CF Industries (CF) vs. Newmont (NEM): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for CF Industries (CF) and Newmont (NEM)
Metric	CF	NEM
Dividend Yield (TTM)	1.77%	0.87%
Dividend Payout Ratio (TTM)	14.81%	11.95%

Valuation

P/E Ratio (TTM)

CF Industries (CF) at 8.42 sits in the cheaper P/E ratio quartile, while Newmont (NEM) at 14.03 is closer to its industry’s usual earnings multiple — a discount for CF, though growth and earnings durability still matter.

CF

Materials industry group

8.42

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
CF: 8.42
Min: 3.93

NEM

Materials industry group

14.03

Max: 59.00
Q3: 32.93
Median: 18.82
NEM: 14.03
Q1: 11.96
Min: 3.93

CF Industries (CF) vs. Newmont (NEM): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

CF Industries (CF) at 2.20 is priced about in line with its industry on P/S ratio, while Newmont (NEM) at 4.72 sits in the pricier quartile — NEM costs more per dollar of sales.

CF

Materials industry group

2.20

Max: 9.62
Q3: 4.34
CF: 2.20
Median: 1.87
Q1: 0.73
Min: 0.00

NEM

Materials industry group

4.72

Max: 9.62
NEM: 4.72
Q3: 4.34
Median: 1.87
Q1: 0.73
Min: 0.00

CF Industries (CF) vs. Newmont (NEM): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both CF Industries (CF) at 3.10 and Newmont (NEM) at 3.53 are valued close to their industries’ norm against book — neither stands out from peers.

CF

Materials industry group

3.10

Max: 6.59
Q3: 3.55
CF: 3.10
Median: 2.08
Q1: 1.26
Min: -0.17

NEM

Materials industry group

3.53

Max: 6.59
Q3: 3.55
NEM: 3.53
Median: 2.08
Q1: 1.26
Min: -0.17

CF Industries (CF) vs. Newmont (NEM): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for CF Industries (CF) and Newmont (NEM)
Metric	CF	NEM
P/E Ratio (TTM)	8.42	14.03
P/S Ratio (TTM)	2.20	4.72
P/B Ratio (MRQ)	3.10	3.53
Free Cash Flow Yield (TTM)	9.10%	7.29%