Nutrien Ltd. (NTR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Nutrien Ltd. (NTR) stock price & volume — 10-year historical chart
Nutrien Ltd. (NTR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Nutrien Ltd. (NTR) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 18, 2026 | $0.83vs $0.87-4.6% | $5.1Bvs $5.4B-5.6% |
| Q4 2025 | Nov 5, 2025 | $0.97vs $0.93+4.3% | $5.9Bvs $5.2B+13.2% |
| Q3 2025 | Aug 6, 2025 | $2.65vs $2.40+10.4% | $10.4Bvs $10.4B-0.1% |
| Q2 2025 | May 7, 2025 | $0.11vs $0.33-66.7% | $5.1Bvs $5.1B-0.9% |
Nutrien Ltd. (NTR) competitors in Ag input retail and farm services — business model, growth, and fundamentals comparison
Nutrien Ltd. (NTR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Nutrien Ltd. (NTR) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 4.55B | 19.64B | 20.08B | 20.91B | 27.71B | 37.88B | 29.06B | 25.97B | 27.36B |
| Revenue Growth % | 2.04% | 331.85% | 2.28% | 4.1% | 32.54% | 36.71% | -23.3% | -10.61% | 5.33% |
| Cost of Goods Sold | 3.85B | 14.24B | 14.58B | 15.67B | 18.3B | 22.46B | 20.58B | 18.44B | 18.86B |
| COGS % of Revenue | 84.74% | 72.54% | 72.61% | 74.94% | 66.05% | 59.29% | 70.84% | 71.01% | 68.95% |
| Gross Profit | 694M▲ 0% | 5.39B▲ 676.9% | 5.5B▲ 2.0% | 5.24B▼ 4.8% | 9.41B▲ 79.6% | 15.42B▲ 63.9% | 8.47B▼ 45.1% | 7.53B▼ 11.1% | 8.49B▲ 12.8% |
| Gross Margin % | 15.26% | 27.46% | 27.39% | 25.06% | 33.95% | 40.71% | 29.16% | 28.99% | 31.05% |
| Gross Profit Growth % | -16.39% | 676.95% | 2.04% | -4.78% | 79.6% | 63.93% | -45.06% | -11.14% | 12.79% |
| Operating Expenses | 485M | 4.98B | 3.64B | 4.34B | 4.63B | 4.62B | 4.61B | 4.58B | 4.53B |
| OpEx % of Revenue | 10.67% | 25.35% | 18.12% | 20.74% | 16.7% | 12.18% | 15.88% | 17.63% | 16.57% |
| Selling, General & Admin | 214M | 2.88B | 3.01B | 3.31B | 3.82B | 4.09B | 4.06B | 4.17B | 4.15B |
| SG&A % of Revenue | 4.71% | 14.65% | 15% | 15.84% | 13.79% | 10.8% | 13.99% | 16.07% | 15.19% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 271M | 2.1B | 627M | 1.03B | 807M | 523M | 550M | 406M | 378.51M |
| Operating Income | 209M▲ 0% | 414M▲ 98.1% | 1.86B▲ 349.8% | 902M▼ 51.6% | 4.78B▲ 430.0% | 10.81B▲ 126.1% | 3.86B▼ 64.3% | 2.95B▼ 23.5% | 3.96B▲ 34.2% |
| Operating Margin % | 4.6% | 2.11% | 9.27% | 4.31% | 17.25% | 28.53% | 13.28% | 11.36% | 14.48% |
| Operating Income Growth % | -54.47% | 98.09% | 349.76% | -51.56% | 430.04% | 126.08% | -64.29% | -23.55% | 34.2% |
| EBITDA | 901M | 2.01B | 3.66B | 2.89B | 6.73B | 12.82B | 6.03B | 5.29B | 6.37B |
| EBITDA Margin % | 19.82% | 10.22% | 18.23% | 13.83% | 24.29% | 33.84% | 20.75% | 20.37% | 23.29% |
| EBITDA Growth % | -21.92% | 122.64% | 82.5% | -21.03% | 132.86% | 90.45% | -52.98% | -12.26% | 20.43% |
| D&A (Non-Cash Add-back) | 692M | 1.59B | 1.8B | 1.99B | 1.95B | 2.01B | 2.17B | 2.34B | 2.41B |
| EBIT | 211M | 431M | 1.87B | 903M | 4.63B | 10.77B | 2.72B | 1.87B | 3.8B |
| Net Interest Income | -238M | -538M | -554M | -520M | -466.86M | -505.16M | -768.85M | -634.02M | -699.03M |
| Interest Income | 2M | 17M | 5M | 1M | 7.93M | 24.01M | 35.64M | 26.66M | 0 |
| Interest Expense | 240M | 555M | 559M | 521M | 474.79M | 529.17M | 804.49M | 660.68M | 699.03M |
| Other Income/Expense | -238M | -538M | -554M | -520M | -613M | -563M | -1.91B | -1.81B | -857.76M |
| Pretax Income | -29M▲ 0% | -124M▼ 327.6% | 1.31B▲ 1154.8% | 382M▼ 70.8% | 4.17B▲ 991.1% | 10.25B▲ 145.8% | 1.95B▼ 80.9% | 1.14B▼ 41.8% | 3.1B▲ 173.1% |
| Pretax Margin % | -0.64% | -0.63% | 6.51% | 1.83% | 15.04% | 27.05% | 6.72% | 4.37% | 11.34% |
| Income Tax | -183M | -93M | 316M | -77M | 989M | 2.56B | 670M | 436M | 765.16M |
| Effective Tax Rate % | 631.03% | 75% | 24.16% | -20.16% | 23.73% | 24.98% | 34.32% | 38.38% | 24.66% |
| Net Income | 327M▲ 0% | 3.57B▲ 992.7% | 992M▼ 72.2% | 459M▼ 53.7% | 3.15B▲ 586.9% | 7.66B▲ 142.9% | 1.26B▼ 83.6% | 674M▼ 46.4% | 2.31B▲ 242.2% |
| Net Margin % | 7.19% | 18.2% | 4.94% | 2.2% | 11.38% | 20.22% | 4.33% | 2.6% | 8.43% |
| Net Income Growth % | -2.68% | 992.66% | -72.24% | -53.73% | 586.93% | 142.94% | -83.58% | -46.42% | 242.24% |
| Net Income (Continuing) | 154M | -31M | 992M | 459M | 3.18B | 7.69B | 1.28B | 700M | 2.34B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 38M | 47M | 45M | 45M | 35M | 41.92M |
| EPS (Diluted) | 0.98▲ 0% | 5.72▲ 483.7% | 1.74▼ 69.6% | 0.85▼ 51.1% | 5.47▲ 543.5% | 13.62▲ 149.0% | 2.53▼ 81.4% | 1.36▼ 46.2% | 4.74▲ 248.5% |
| EPS Growth % | -2% | 483.67% | -69.58% | -51.15% | 543.53% | 148.99% | -81.42% | -46.25% | 248.53% |
| EPS (Basic) | 0.98 | 5.76 | 1.74 | 0.85 | 5.49 | 13.66 | 2.53 | 1.36 | 4.74 |
| Diluted Shares Outstanding | 336.13M | 624.9M | 583.1M | 569.69M | 571.29M | 540.01M | 496.99M | 494.37M | 486.52M |
| Basic Shares Outstanding | 336.03M | 620M | 582.27M | 569.66M | 569.66M | 538.48M | 496.38M | 494.37M | 486.33M |
| Dividend Payout Ratio | 100.92% | 26.64% | 103.02% | 224.4% | 33.14% | 13.46% | 82.03% | 157.27% | 46.8% |
Nutrien Ltd. (NTR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 3.32B | 11.66B | 10.66B | 11.47B | 13.85B | 16.34B | 14.17B | 13.79B | 14.72B |
| Cash & Short-Term Investments | 116M | 2.31B | 671M | 1.45B | 499M | 901M | 941M | 853M | 699.72M |
| Cash Only | 116M | 2.31B | 671M | 1.45B | 499M | 901M | 941M | 853M | 699.72M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 390M | 2.75B | 3.05B | 3.02B | 4.71B | 5.6B | 4.67B | 5.39B | 5.66B |
| Days Sales Outstanding | 31.31 | 51.04 | 55.38 | 52.7 | 61.97 | 53.92 | 58.64 | 75.75 | 75.58 |
| Inventory | 788M | 4.92B | 4.97B | 4.93B | 6.33B | 7.63B | 6.34B | 6.15B | 6.96B |
| Days Inventory Outstanding | 74.65 | 126 | 124.53 | 114.84 | 126.19 | 124.03 | 112.36 | 121.68 | 134.76 |
| Other Current Assets | 1.96B | 596M | 495M | 607M | 661M | 598M | 730M | 0 | 1.39B |
| Total Non-Current Assets | 13.68B | 33.84B | 36.13B | 35.72B | 36.11B | 38.24B | 38.58B | 38.05B | 37.48B |
| Property, Plant & Equipment | 12.97B | 18.8B | 20.34B | 19.66B | 20.02B | 21.77B | 22.46B | 22.6B | 22.71B |
| Fixed Asset Turnover | 0.35x | 1.04x | 0.99x | 1.06x | 1.38x | 1.74x | 1.29x | 1.15x | 1.20x |
| Goodwill | 97M | 11.43B | 11.99B | 12.2B | 12.22B | 12.37B | 12.11B | 12.04B | 12.11B |
| Intangible Assets | 69M | 2.21B | 2.43B | 2.39B | 2.34B | 2.3B | 2.22B | 1.82B | 1.66B |
| Long-Term Investments | 292M | 878M | 821M | 562M | 703M | 843M | 736M | 698M | 143.74M |
| Other Non-Current Assets | 228M | 309M | 315M | 672M | 567M | 521M | 574M | 483M | 856.44M |
| Total Assets | 17B▲ 0% | 45.5B▲ 167.7% | 46.8B▲ 2.9% | 47.19B▲ 0.8% | 49.95B▲ 5.9% | 54.59B▲ 9.3% | 52.75B▼ 3.4% | 51.84B▼ 1.7% | 52.21B▲ 0.7% |
| Asset Turnover | 0.27x | 0.43x | 0.43x | 0.44x | 0.55x | 0.69x | 0.55x | 0.50x | 0.52x |
| Asset Growth % | -1.6% | 167.69% | 2.85% | 0.84% | 5.85% | 9.27% | -3.37% | -1.72% | 0.71% |
| Total Current Liabilities | 1.6B | 8.34B | 9.13B | 8.48B | 12.44B | 14.28B | 12.12B | 12.04B | 11.02B |
| Accounts Payable | 255M | 3.05B | 4.02B | 4.42B | 5.18B | 5.8B | 5.48B | 5.36B | 9.29B |
| Days Payables Outstanding | 24.16 | 78.23 | 100.52 | 102.84 | 103.28 | 94.21 | 97.13 | 106.06 | 179.81 |
| Short-Term Debt | 730M | 1.62B | 1.48B | 173M | 2.1B | 2.68B | 2.33B | 2.57B | 1.73B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 438M | 3.02B | 2.15B | 2.31B | 3.14B | 3.71B | 2.6B | 2.47B | 0 |
| Current Ratio | 2.07x | 1.40x | 1.17x | 1.35x | 1.11x | 1.14x | 1.17x | 1.15x | 1.34x |
| Quick Ratio | 1.58x | 0.81x | 0.62x | 0.77x | 0.60x | 0.61x | 0.65x | 0.63x | 0.70x |
| Cash Conversion Cycle | 81.8 | 98.81 | 79.38 | 64.7 | 84.88 | 83.74 | 73.87 | 91.36 | 30.54 |
| Total Non-Current Liabilities | 7.09B | 12.74B | 14.8B | 16.31B | 13.81B | 14.44B | 15.43B | 15.35B | 15.87B |
| Long-Term Debt | 3.71B | 7.58B | 8.55B | 10.05B | 7.52B | 8.04B | 8.91B | 8.88B | 10.27B |
| Capital Lease Obligations | 0 | 12M | 859M | 891M | 934M | 899M | 999M | 999M | 935.29M |
| Deferred Tax Liabilities | 2.21B | 2.91B | 3.15B | 3.15B | 3.17B | 3.55B | 3.57B | 3.54B | 3.66B |
| Other Non-Current Liabilities | 1.18B | 2.24B | 2.24B | 2.22B | 2.19B | 1.96B | 1.94B | 1.93B | 1B |
| Total Liabilities | 8.7B | 21.08B | 23.93B | 24.79B | 26.25B | 28.72B | 27.55B | 27.4B | 26.89B |
| Total Debt | 4.44B | 9.22B | 11.1B | 11.36B | 10.85B | 11.93B | 12.57B | 12.81B | 12.93B |
| Net Debt | 4.33B | 6.91B | 10.43B | 9.91B | 10.35B | 11.03B | 11.63B | 11.95B | 12.23B |
| Debt / Equity | 0.53x | 0.38x | 0.49x | 0.51x | 0.46x | 0.46x | 0.50x | 0.52x | 0.51x |
| Debt / EBITDA | 4.93x | 4.60x | 3.03x | 3.93x | 1.61x | 0.93x | 2.08x | 2.42x | 2.03x |
| Net Debt / EBITDA | 4.80x | 3.44x | 2.85x | 3.43x | 1.54x | 0.86x | 1.93x | 2.26x | 1.92x |
| Interest Coverage | 0.88x | 0.78x | 3.34x | 1.73x | 9.75x | 20.35x | 3.38x | 2.83x | 5.44x |
| Total Equity | 8.3B▲ 0% | 24.43B▲ 194.2% | 22.87B▼ 6.4% | 22.4B▼ 2.0% | 23.7B▲ 5.8% | 25.86B▲ 9.1% | 25.2B▼ 2.6% | 24.44B▼ 3.0% | 25.32B▲ 3.6% |
| Equity Growth % | 1.11% | 194.17% | -6.37% | -2.04% | 5.78% | 9.13% | -2.56% | -3.01% | 3.59% |
| Book Value per Share | 24.70 | 39.09 | 39.22 | 39.33 | 41.48 | 47.89 | 50.71 | 49.44 | 52.04 |
| Total Shareholders' Equity | 8.3B | 24.43B | 22.87B | 22.36B | 23.65B | 25.82B | 25.16B | 24.41B | 25.28B |
| Common Stock | 1.81B | 16.74B | 15.77B | 15.67B | 15.46B | 14.17B | 13.84B | 13.75B | 13.49B |
| Retained Earnings | 6.24B | 7.75B | 7.1B | 6.61B | 8.19B | 11.93B | 11.53B | 11.11B | 12.05B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 25M | -291M | -251M | -119M | -146M | -391M | -296M | -515M | -328.4M |
| Minority Interest | 0 | 0 | 0 | 38M | 47M | 45M | 45M | 35M | 41.92M |
Nutrien Ltd. (NTR) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 1.23B | 2.05B | 3.67B | 3.32B | 3.89B | 8.11B | 5.07B | 3.54B | 4.08B |
| Operating CF Margin % | 26.94% | 10.45% | 18.25% | 15.89% | 14.02% | 21.41% | 17.44% | 13.61% | 14.9% |
| Operating CF Growth % | -2.78% | 67.51% | 78.61% | -9.33% | 16.94% | 108.7% | -37.53% | -30.22% | 15.34% |
| Net Income | 327M | -826M | 992M | 459M | 3.18B | 7.69B | 1.28B | 700M | 2.31B |
| Depreciation & Amortization | 692M | 1.59B | 1.8B | 1.99B | 1.95B | 2.01B | 2.17B | 2.34B | 2.41B |
| Stock-Based Compensation | 11M | 116M | 104M | 69M | 198M | 63M | -14M | 37M | 0 |
| Deferred Taxes | -273M | 687M | 177M | -9M | -31M | 455M | -58M | 78M | 254.38M |
| Other Non-Cash Items | 396M | 1.62B | 103M | 241M | 250M | -959M | 1.18B | 868M | -97.68M |
| Working Capital Changes | 72M | -1.14B | 490M | 574M | -1.66B | -1.15B | 507M | -487M | -796.71M |
| Change in Receivables | 47M | -153M | -64M | 145M | -1.67B | -919M | 879M | -224M | -130.24M |
| Change in Inventory | -10M | -887M | 190M | 85M | -1.46B | -1.28B | 1.38B | 60M | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -99.72M |
| Cash from Investing | -652M | 3.89B | -2.8B | -1.2B | -1.81B | -2.9B | -2.96B | -2.13B | -1.4B |
| Capital Expenditures | -651M | -1.41B | -1.73B | -1.42B | -1.88B | -2.48B | -2.6B | -2.15B | -2.04B |
| CapEx % of Revenue | 14.32% | 7.16% | 8.6% | 6.81% | 6.8% | 6.53% | 8.95% | 8.29% | 7.46% |
| Acquisitions | 0 | 33M | -911M | -233M | -88M | -407M | -153M | -21M | -23.4M |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -1M | 5.39B | 39M | 14M | 165M | -19M | -62M | 110M | -55.96M |
| Cash from Financing | -489M | -3.71B | -2.48B | -1.34B | -3B | -4.73B | -2.06B | -1.45B | -2.87B |
| Debt Issued (Net) | -159M | -939M | 482M | -134M | -1.1B | 672M | 19M | -181M | -800.78M |
| Equity Issued (Net) | 1M | -1.79B | -1.91B | -160M | -835M | -4.35B | -1.01B | -166M | -521.98M |
| Dividends Paid | -330M | -952M | -1.02B | -1.03B | -1.04B | -1.03B | -1.03B | -1.06B | -1.08B |
| Share Repurchases | 0 | -1.8B | -1.93B | -160M | -1.03B | -4.52B | -1.05B | -184M | -560.65M |
| Other Financing | -1M | -21M | -29M | -15M | -21M | -20M | -34M | -46M | -463.98M |
| Net Change in Cash | 84M▲ 0% | 2.2B▲ 2516.7% | -1.64B▼ 174.7% | 783M▲ 147.7% | -955M▼ 222.0% | 402M▲ 142.1% | 40M▼ 90.0% | -88M▼ 320.0% | -152.77M▼ 73.6% |
| Free Cash Flow | 574M▲ 0% | 545M▼ 5.1% | 1.77B▲ 225.5% | 1.77B▲ 0.0% | 2B▲ 12.9% | 5.63B▲ 181.5% | 2.47B▼ 56.2% | 1.38B▼ 44.0% | 2.04B▲ 47.5% |
| FCF Margin % | 12.62% | 2.78% | 8.83% | 8.48% | 7.22% | 14.87% | 8.49% | 5.32% | 7.45% |
| FCF Growth % | 56.4% | -5.05% | 225.5% | 0% | 12.85% | 181.47% | -56.24% | -44% | 47.51% |
| FCF per Share | 1.71 | 0.87 | 3.04 | 3.11 | 3.50 | 10.43 | 4.96 | 2.79 | 4.19 |
| FCF Conversion (FCF/Net Income) | 3.75x | 0.57x | 3.69x | 7.24x | 1.23x | 1.06x | 4.03x | 5.24x | 1.77x |
| Interest Paid | 198M | 507M | 505M | 498M | 491M | 482M | 729M | 740M | 0 |
| Taxes Paid | 83M | 1.16B | 29M | 156M | 435M | 1.88B | 1.76B | 321M | 0 |
Nutrien Ltd. (NTR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 4.05% | 3.96% | 21.83% | 4.2% | 2.03% | 13.68% | 30.91% | 4.93% | 2.72% | 9.27% |
| Return on Invested Capital (ROIC) | 2.72% | 1.23% | 1.41% | 4.32% | 2.06% | 10.81% | 22.86% | 7.85% | 6.05% | 8.03% |
| Gross Margin | 18.63% | 15.26% | 27.46% | 27.39% | 25.06% | 33.95% | 40.71% | 29.16% | 28.99% | 31.05% |
| Net Margin | 7.54% | 7.19% | 18.2% | 4.94% | 2.2% | 11.38% | 20.22% | 4.33% | 2.6% | 8.43% |
| Debt / Equity | 0.56x | 0.53x | 0.38x | 0.49x | 0.51x | 0.46x | 0.46x | 0.50x | 0.52x | 0.51x |
| Interest Coverage | 2.11x | 0.88x | 0.78x | 3.34x | 1.73x | 9.75x | 20.35x | 3.38x | 2.83x | 5.44x |
| FCF Conversion | 3.75x | 3.75x | 0.57x | 3.69x | 7.24x | 1.23x | 1.06x | 4.03x | 5.24x | 1.77x |
| Revenue Growth | -29.03% | 2.04% | 331.85% | 2.28% | 4.1% | 32.54% | 36.71% | -23.3% | -10.61% | 5.33% |
Nutrien Ltd. (NTR) stock FAQ — growth, dividends, profitability & financials explained
Nutrien Ltd. (NTR) reported $26.90B in revenue for fiscal year 2025. This represents a 1816% increase from $1.40B in 1996.
Nutrien Ltd. (NTR) grew revenue by 5.3% over the past year. This is steady growth.
Yes, Nutrien Ltd. (NTR) is profitable, generating $2.27B in net income for fiscal year 2025 (8.4% net margin).
Yes, Nutrien Ltd. (NTR) pays a dividend with a yield of 3.01%. This makes it attractive for income-focused investors.
Nutrien Ltd. (NTR) has a return on equity (ROE) of 9.3%. This is below average, suggesting room for improvement.
Nutrien Ltd. (NTR) generated $1.98B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Nutrien Ltd. (NTR) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates