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NTRNutrien Ltd.
$75.13$36.1B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
NTR logo

Nutrien Ltd.

NTR
NYSE · Agricultural Inputs
$75.13
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$36.06B
P/E15.9x
52W High$85.36
Volume1.79M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Cyclical Recovery Confronts Goodwill Overhang

Nutrien is experiencing a cyclical revenue recovery, with Q1 2026 showing 18.5% year-over-year growth after a period of contraction, suggesting improved pricing and demand dynamics in its core agricultural inputs business. However, the company's substantial $1...

GrowthMixed
ProfitabilityModerate
ValuationExpensive
TechnicalsHealthy
Explore valuation models
MARKET ACTION

NTR price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

5/12 Beats

EPS beat 5 of last 12 quarters

02

Valuation risk

-32% Peers

P/E is 32% below peer median

03

Market leadership

RS 72 · Avg

Average momentum (RS Rating: 72)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystEstimated earnings · Nov 5
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth has re-accelerated to 18.5% year-over-year in Q1 2026, but cyclicality drives extreme margin volatility, with gross margins ranging from 25.9% in trough quarters to 35.4% in peak quarters.

Analyst Consensus+1.3% target
Buy(33 analysts)
20 Buy10 Hold3 Sell

The Bull Case

Upside Catalysts

Leading global crop inputs provider

Nutrien operates a world-class network of production, distribution, and ag retail facilities, positioning it to efficiently serve farmers globally.

Attractive valuation metrics

Nutrien's trailing P/E of 21.49 and forward P/E of 11.85 suggest potential undervaluation, making it an appealing investment opportunity.

Market leadership in fertilizers

As the largest producer of potash and second-largest producer of nitrogen fertilizer globally, Nutrien holds a dominant position in the fertilizer market.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
NTR+20.69%
S&P 500 (^GSPC)+12.39%
1-Year Return
NTR+37.17%
S&P 500 (^GSPC)+15.77%
3-Year Return
NTR+30.88%
S&P 500 (^GSPC)+76.07%
5-Year Return
NTR+32.44%
S&P 500 (^GSPC)+68.85%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
15.9x
Forward P/EExpansion
15.2x
EV/EBITDA80th %ile
7.7x
FCF YieldCash Flow
5.6%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
15.9x
13.7x
60th· Fair
EV/EBITDA
7.7x
6.6x
80th· High
Price/FCF
17.7x
14.7x
80th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$53.10-29.3%
Base (Fair)$111.06+44.1%
Bull$206.15+174.4%
$53.10 Bear$111.06 Base$206.15 Bull
Current Market Price: $75.13
Trades at a 32.4% discount to Base DCF ($111.06)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$26.89B+3.5% YoY
Net income
$2.27B+236.4% YoY
Free cash flow
$2.04B+47.5% YoY
Operating margin
14.4%+3.0 pts YoY
ROIC (TTM)7.8%
Avg ROIC 5Y-
ROE (TTM)9.1%
Piotroski Score8 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate5/12 (42%)
Revenue Beat Rate6/12 (50%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 5, 2026
$2.61-3.3%
vs $2.70
$10.5B+0.3%
vs $10.4B
Q2 2026
May 6, 2026
$0.51+6.3%
vs $0.48
$5.7B+7.3%
vs $5.3B
Q1 2026
Feb 18, 2026
$0.83-4.6%
vs $0.87
$5.1B-5.6%
vs $5.4B
Q4 2025
Nov 5, 2025
$0.97+4.3%
vs $0.93
$5.9B+13.2%
vs $5.2B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·11h ago
Nutrien to Host Investor Day on November 30

SASKATOON, Saskatchewan--(BUSINESS WIRE)--Nutrien Ltd. (TSX and NYSE: NTR) announced today that it is hosting an Investor Day in Toronto on Monday, November 30, 2026, at 1:00 p.m. ET. Nutrien's leadership team will provide an update on the company's outlook for the business, strategic objectives, and levers to deliver shareholder value through free cash flow growth and disciplined capital allocation. Attendance in person is limited to institutional investors and sell-side analysts. Access to a.

Proactive Investors·2d ago
Potash producers slide after Trump touts Belarus purchase deal

Shares of major fertilizer producers fell Monday after President Trump said the United States was nearing a deal to purchase potash from Belarus. Nutrien (NYSE:NTR) shares slid over 4% to $73.97, Mosaic Co (NYSE:MOS) fell over 2% to $23.77, Intrepid Potash (NYSE:IPI) dropped over 2% to $36.70, and CF Industries (CF Industries Holdings Inc (NYSE:CF)) slid roughly 3%.

Barrons·2d ago
Fertilizer Deal With Belarus Is In the Works, Says Trump. CF Industries and Nutrien Stocks Fall.

Nutrien, CF Industries, and other fertlizer stocks fall as President Donald Trump says the U.S. is working on a potash deal with Belarus.

Defense World·5d ago
Tidal Investments LLC Sells 14,326 Shares of Nutrien Ltd. $NTR

Tidal Investments LLC lessened its stake in Nutrien Ltd. (NYSE: NTR) by 37.9% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,455 shares of the company's stock after selling 14,326 shares during the period. Tidal Investments LLC's holdings in Nutrien were

Filtered for Nutrien Ltd.More Headlines
04

Compare before deciding

Benchmark NTR against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Nutrien Ltd. (NTR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
NTR logoNTRNutrien Ltd.Current
$75.13$36.06B15.853.52%8.43%9.11%2.95%
MOS logoMOSThe Mosaic Company
$24.37$7.75B14.348.36%0.36%0.35%—
CF logoCFCF Industries Holdings, Inc.
$120.67$18.54B13.4519.34%27.12%25.72%—
ICL logoICLICL Group Ltd
$5.30$6.84B29.444.56%3.95%4.8%—
SMG logoSMGThe Scotts Miracle-Gro Company
$52.83$3.07B21.39-3.93%2.19%——
AVD logoAVDAmerican Vanguard Corporation
$2.03$58.07M-1.16-5.88%-10.7%-27.84%—

Compare NTR vs Peers

Nutrien Ltd. (NTR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MOS

Most directly comparable listed peer for NTR.

Scale Benchmark

vs DE

Larger-name benchmark to compare NTR against a more recognizable public peer.

Peer Set

Compare Top 5

vs MOS, CF, ICL, SMG

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NTR Frequently Asked Questions

Nutrien Ltd. (NTR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Nutrien Ltd.'s revenue?

Nutrien Ltd. (NTR) reported $28.20B in revenue for fiscal year 2025. This represents a 1909% increase from $1.40B in 1996.

How fast is Nutrien Ltd. growing?

Nutrien Ltd. (NTR) grew revenue by 3.5% over the past year. Growth has been modest.

Is NTR profitable?

Yes, Nutrien Ltd. (NTR) is profitable, generating $2.38B in net income for fiscal year 2025 (8.4% net margin).

Dividend & Returns
Does NTR pay dividends?

Yes, Nutrien Ltd. (NTR) pays a dividend with a yield of 2.95%. This makes it attractive for income-focused investors.

What is NTR's return on equity?

Nutrien Ltd. (NTR) has a return on equity (ROE) of 9.1%. This is below average, suggesting room for improvement.

What is Nutrien Ltd.'s free cash flow?

Nutrien Ltd. (NTR) generated $2.11B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in NTR back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →