Nutrien Ltd. (NTR)

Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment markets crop nutrients, crop protection products, seed, and merchandise, as well as provides agronomic application and financing services and solutions; and produces proprietary products, including proprietary crop nutrient, crop protection, and seed products. The Potash segment includes mining and processing of potash. The Nitrogen segment owns and operates ammonia production facilities that offers ammonia, urea, ammonium nitrate (UAN), urea solutions, nitric acid, and ammonium nitrate, as well as environmentally smart nitrogen and ammonium sulfate. The Phosphate segment manufactures and sells solid and liquid phosphate fertilizers, phosphate feed, and purified phosphoric acid, which is used in feed and industrial products. The company was incorporated in 2017 and is headquartered in Saskatoon, Canada.

Symbol
NTR
Exchange
NYSE
Sector
Basic Materials
Industry
Agricultural Inputs
Market cap
$36.68B
52 week range
53.03 - 85.36

Valuation

Share price
$75.13 (close of 2026-09-23)
P/E (TTM)
16.19x
Price to book
1.45x
Price to free cash flow
17.26x
Enterprise value
$48.00B
Book value per share
$52.16

Price performance

PeriodChange
1 day+0.79%
5 days-4.56%
1 month-0.19%
3 months+22.08%
6 months+3.12%
Year to date+21.73%
1 year+33.28%
3 years+21.20%
5 years+16.34%
All time+37.22%

Profitability and growth

Return on equity
8.94%
Return on invested capital
8.13%
Return on assets
4.33%
Return on capital employed
9.05%
Gross margin
31.05%
Net margin
8.43%
EBITDA margin
22.71%
Revenue growth
3.52%
Net income growth
236.35%
Free cash flow growth
40.73%

Cash flow and balance sheet

Free cash flow yield (TTM)
5.79%
Current ratio
1.34x
Net debt to EBITDA
1.84x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$26.89B
Cost of revenue
$17.60B
Gross profit
$8.35B
EBITDA
$6.11B
Net income
$2.27B
Earnings per share
$4.66
Interest expense
$687.00M
Shares outstanding
486.33M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$26.89B$8.35B$2.27B$4.66
2024-12-31$25.97B$7.53B$674.00M$1.36
2023-12-31$29.06B$8.47B$1.26B$2.53
2022-12-31$37.88B$15.42B$7.66B$14.22
2021-12-31$27.71B$9.41B$3.15B$5.53
2020-12-31$20.91B$5.24B$459.00M$0.81
2019-12-31$20.08B$5.50B$992.00M$1.70
2018-12-31$19.64B$5.39B$3.57B$5.72
2017-12-31$4.55B$694.00M$327.00M$0.39

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3131.05%8.43%8.94%8.13%
2024-12-3128.99%2.60%2.76%3.90%
2023-12-3129.16%4.33%4.99%5.63%
2022-12-3140.71%20.22%29.62%22.36%
2021-12-3133.95%11.38%13.30%11.67%
2020-12-3125.06%2.20%2.05%2.81%
2019-12-3127.39%4.94%4.33%4.78%
2018-12-3127.46%18.20%14.63%1.35%
2017-12-3115.26%7.19%3.94%1.66%

Cash and debt by year

Period endCashDebt
2025-12-31$701.00M$9.35B
2024-12-31$853.00M$8.88B
2023-12-31$941.00M$8.91B
2022-12-31$901.00M$8.04B
2021-12-31$499.00M$7.52B
2020-12-31$1.45B$10.05B
2019-12-31$671.00M$8.55B
2018-12-31$2.31B$7.58B
2017-12-31$116.00M$3.71B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$2.13B$163.00M
2024-12-31$1.51B$37.00M
2023-12-31$2.65B$-14.00M
2022-12-31$5.86B$63.00M
2021-12-31$2.11B$198.00M
2020-12-31$1.90B$69.00M
2019-12-31$1.94B$104.00M
2018-12-31$647.00M$116.00M
2017-12-31$574.00M$11.00M

Dividend history

Most recent payment
2026-06-30
Paid in the last twelve months
$1.10
Payment dateDividend per share
2026-06-30$0.55
2026-03-31$0.55
2025-06-30$0.55
2025-03-31$0.55
2024-12-31$0.54
2024-09-27$0.54
2024-06-28$0.54
2024-03-27$0.54

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$0.83

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-05Jun/2026$2.57
2026-05-06--
2026-02-18--
2025-11-05--
2025-08-06--
2025-05-07--
2025-02-19--
2024-11-06--

Filings and sources

Company website
nutrien.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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