Nutrien Ltd. (NTR) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -839.21M | 3.03B | -439.07M | 2.54B | -1.08B | 3.12B | -908M | 1.81B | -487M | 4.15B | -469M | 2.24B | -858M | 4.74B | 878M | 2.56B | -62M | 3.64B | -1.56B | 1.97B |
| Operating CF Margin % | -14.08% | 55.86% | -7.39% | 24.32% | -21.22% | 61.49% | -16.98% | 17.79% | -9.04% | 73.27% | -8.33% | 19.25% | -14.05% | 62.87% | 10.72% | 17.63% | -0.81% | 50.05% | -25.98% | 20.14% |
| Operating CF Growth % | 22.44% | -3.03% | 51.64% | 40.45% | -122.18% | -24.75% | -93.6% | -19.44% | 43.24% | -12.37% | -153.42% | -12.31% | -1283.87% | 30.22% | 156.1% | 30.11% | 59.21% | 30.92% | -128.47% | 11.96% |
| Net Income | 129.19M | 579.78M | 458.86M | 1.23B | 19M | 118M | 25M | 392M | 165M | 176M | 82M | 448M | 576M | 1.12B | 1.58B | 3.6B | 1.39B | 1.21B | 726M | 1.11B |
| Depreciation & Amortization | 597.61M | 575.72M | 610.16M | 614M | 571M | 590M | 598M | 586M | 565M | 565M | 552M | 556M | 496M | 520M | 526M | 505M | 461M | 497M | 489M | 485M |
| Stock-Based Compensation | 0 | 0 | 28M | 49M | 42M | 20M | 1M | 10M | 6M | -7M | 42M | -64M | 15M | -59M | 39M | -52M | 135M | 73M | 64M | 38M |
| Deferred Taxes | 40.43M | 23.27M | 195.52M | 6M | 42M | 46M | -27M | -12M | 71M | -145M | 56M | 82M | -51M | 303M | 231M | 67M | 55M | 66M | -87M | -20M |
| Other Non-Cash Items | 133.13M | -275.44M | -33.01M | 53M | 0 | -37M | 47M | 825M | 33M | 234M | -2M | 858M | 90M | -272M | -408M | -452M | -28M | 160M | -5M | 101M |
| Working Capital Changes | -1.74B | 2.13B | -1.7B | 587M | -1.76B | 2.39B | -1.55B | 6M | -1.33B | 3.33B | -1.2B | 363M | -1.98B | 3.13B | -1.09B | -1.11B | -2.07B | 1.63B | -2.75B | 249M |
| Change in Receivables | -522.66M | 2.16B | 378.79M | -2.46B | -143M | 2.17B | 418M | -2.56B | -257M | 2.37B | 627M | -2.65B | 535M | 2.68B | 1.24B | -3.93B | -909M | 1.43B | -266M | -2.44B |
| Change in Inventory | 0 | 0 | 257M | 2.89B | -1.27B | -2.21B | 373M | 3.22B | -1.33B | 0 | 794M | 3.73B | -1.49B | -937M | 517M | 1.75B | -2.61B | -1.65B | 130M | 1.85B |
| Change in Payables | -239.63M | 2.44B | -2.32B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -480.25M | -254.75M | -378.75M | -495M | -243M | -519M | -506M | -614M | -494M | -733M | -673M | -858M | -694M | -1.22B | -705M | -517M | -457M | -465M | -523M | -431M |
| Capital Expenditures | -320.5M | -843.85M | -526.44M | -424M | -300M | -705M | -529M | -526M | -353M | -831M | -634M | -791M | -465M | -974M | -636M | -477M | -351M | -568M | -492M | -378M |
| CapEx % of Revenue | 5.38% | 15.56% | 8.86% | 4.06% | 5.88% | 13.88% | 9.89% | 5.18% | 6.55% | 14.67% | 11.26% | 6.79% | 7.61% | 12.93% | 7.77% | 3.29% | 4.58% | 7.82% | 8.17% | 3.87% |
| Acquisitions | -49.31M | -11.19M | -917.94K | 0 | -11M | -15M | -2M | -4M | 0 | -37M | 0 | -5M | -111M | -329M | -10M | -27M | -41M | -18M | -30M | -19M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -102.56M | 142.56M | 1.92M | -20M | -97M | 171M | 41M | 2M | -119M | 135M | 9M | 31M | -118M | 81M | -59M | -13M | -65M | 121M | -1M | -34M |
| Cash from Financing | 1.41B | -2.71B | 52.82M | -1.57B | 1.36B | -2.24B | 922M | -684M | 548M | -3.04B | 976M | -2.12B | 2.13B | -3.41B | -29M | -1.88B | 588M | -3.12B | 757M | -449M |
| Debt Issued (Net) | 1.89B | -2.19B | 560M | -1.22B | 1.8B | -1.84B | 1.24B | -398M | 816M | -2.78B | 1.24B | -1.71B | 3.27B | -1.93B | 1.91B | -683M | 1.37B | -1.98B | 1.04B | -187M |
| Equity Issued (Net) | -100.59M | -143.25M | -146.83M | -79M | -145M | -132M | -43M | 8M | 1M | 1M | 1M | -147M | -869M | -1.21B | -1.7B | -926M | -516M | -873M | -23M | 20M |
| Dividends Paid | -258.37M | -267.14M | -261.88M | -268M | -265M | -265M | -268M | -266M | -261M | -262M | -261M | -263M | -246M | -251M | -259M | -264M | -257M | -266M | -261M | -263M |
| Share Repurchases | -144.96M | -152.39M | -146.61M | -105M | -148M | -134M | -50M | 0 | 0 | 0 | 0 | -150M | -897M | -1.21B | -1.7B | -964M | -642M | -885M | -148M | -1M |
| Other Financing | -120.31M | -110.71M | -98.46M | -10M | -21M | -6M | -4M | -28M | -8M | 0 | 0 | -9M | -25M | -17M | 14M | -5M | -12M | 0 | -2M | -19M |
| Net Change in Cash | 79.83M | 76.33M | -766.69M | 492M | 42M | 333M | -484M | 508M | -445M | 387M | -183M | -736M | 572M | 78M | 112M | 134M | 78M | 56M | -1.35B | 1.08B |
| Free Cash Flow | -1.13B | 2.18B | -933.75M | 2.11B | -1.38B | 2.42B | -1.44B | 1.28B | -840M | 3.32B | -1.1B | 1.45B | -1.32B | 3.76B | 242M | 2.08B | -413M | 3.07B | -2.06B | 1.52B |
| FCF Margin % | -19.02% | 40.29% | -15.72% | 20.25% | -27.1% | 47.61% | -26.87% | 12.61% | -15.59% | 58.6% | -19.59% | 12.46% | -21.66% | 49.94% | 2.96% | 14.35% | -5.39% | 42.23% | -34.15% | 15.55% |
| FCF Growth % | 17.94% | -9.65% | 35.02% | 65.03% | -64.52% | -27.15% | -30.28% | -11.78% | 36.51% | -11.78% | -555.79% | -30.23% | -220.34% | 22.58% | 111.76% | 37.09% | 19.02% | 36.83% | -112.06% | 6.75% |
| FCF per Share | -2.35 | 4.52 | -1.92 | 4.34 | -2.82 | 4.91 | -2.90 | 2.59 | -1.70 | 6.71 | -2.23 | 2.93 | -2.63 | 7.26 | 0.45 | 3.77 | -0.74 | 5.39 | -3.59 | 2.65 |
| FCF Conversion (FCF/Net Income) | -6.50x | 5.22x | -0.96x | 2.08x | -98.36x | 27.64x | -50.44x | 4.69x | -3.08x | 24.13x | -6.25x | 5.10x | -1.50x | 4.26x | 0.56x | 0.71x | -0.04x | 3.03x | -2.18x | 1.77x |
| Interest Paid | 0 | 0 | 0 | 220M | 132M | 244M | 148M | 216M | 132M | 267M | 137M | 227M | 98M | 202M | 80M | 150M | 50M | 172M | 81M | 162M |
| Taxes Paid | 0 | 0 | 0 | 0 | 7M | 61M | 127M | 83M | 50M | 42M | 133M | 270M | 1.32B | 379M | 318M | 396M | 789M | 79M | 212M | 105M |