Saturday 17 October 2026 Export NTR’s income statement to Excel — free account

Nutrien Ltd.

Nutrien Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $26.9 billion, up 3.52% from fiscal 2024. In the quarter to June 2026, revenue grew 3.58%, EPS was flat, free cash flow fell 5.72% and total debt fell 7.32%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.

71.26 1.68 +2.41%

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Market cap: $33.1B
P/E: 14.4×
Fwd P/E: 12.3×
Dividend yield: 3.08%
F-score: 8/9
Altman Z: 1.83
Beneish M: −2.62
Dividend safety: 66/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.78%

Capital & Financial Ratios $m

Market Cap 33,130.00

Revenue 28,205.00

Net Income 2,410.00

Free Cash Flow 2,087.00

Net Debt 10,467.00

Current Ratio 1.39

Debt/Equity 0.44

P/E ratio 14.43

Fwd P/E 12.30

P/S ratio 1.21

P/B ratio 1.32

Past 5Y EPS Growth 41.90%

This Y EPS Growth 7.78%

Next Y EPS Growth 2.44%

Next Y revenue growth 3.03%

Next 5Y EPS Growth 0.88%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 34.06%

10-year low 10-year high

P/S against its own 10 years 40.36%

10-year low 10-year high

P/B against its own 10 years 44.86%

10-year low 10-year high

EV/Sales against its own 10 years 36.93%

10-year low 10-year high

EV/FCF against its own 10 years 49.37%

10-year low 10-year high

Dividends

Payout Ratio 0.44

Annual Dividend Rate 2.20

Annual Dividend Yield 3.08%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	2.20	0.55 0.55 0.55
2025	2.18	0.55 0.55 0.55 0.55
2024	2.16	0.54 0.54 0.54 0.54
2023	2.12	0.53 0.53 0.53 0.53
2022	1.92	0.48 0.48 0.48 0.48
2021	1.84	0.46 0.46 0.46 0.46
2020	1.80	0.45 0.45 0.45 0.45
2019	1.76	0.43 0.43 0.45 0.45
2018	1.63	0.40 0.40 0.40 0.43
2017	0.95	0.10 0.10 0.25 0.25 0.25
2016	0.98	0.38 0.25 0.25 0.10

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	941	853	701	921
Receivables	5,398	5,390	5,675	8,687
Inventory	6,336	6,148	6,977	6,164
Other	—	—	—	—
	14,170	13,792	14,749	16,167

	2023	2024	2025	Q'26
Payables	9,467	9,118	9,309	9,296
ST’ Debt	2,327	2,571	1,386	1,961
Other	—	—	—	—
	12,121	12,045	11,041	11,623

Compound Annual Growth %

	10y	5y	3y
Sales	15.65%	5.16%	(10.80%)
Cash Flow	5.54%	3.81%	(20.94%)
Earnings	5.97%	37.63%	(33.36%)
Book Value	11.71%	2.51%	(0.65%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	6,046	10,812	—	—	—
’25	5,100	10,438	6,007	5,340	26,885
’24	5,389	10,156	5,348	5,079	25,972
’23	6,107	11,654	5,631	5,664	29,056
’22	7,657	14,506	8,188	7,533	37,884
’21	4,658	9,763	6,024	7,267	27,712
’20	4,198	8,431	4,227	4,052	20,908

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(851)	2,484	—	—	—
’25	(1,082)	2,538	(426)	2,977	4,007
’24	(487)	1,807	(908)	3,123	3,535
’23	(858)	2,243	(469)	4,150	5,066
’22	(62)	2,558	878	4,736	8,110
’21	(152)	1,966	(1,565)	3,637	3,886
’20	(526)	1,756	(685)	2,778	3,323

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1,176)	1,993	—	—	—
’25	(1,382)	2,114	(956)	2,226	2,002
’24	(840)	1,281	(1,416)	2,356	1,381
’23	(1,323)	1,452	(1,103)	3,440	2,466
’22	(413)	2,081	242	3,725	5,635
’21	(543)	1,540	(2,057)	2,991	2,002
’20	(921)	1,422	(1,038)	2,657	2,188

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.27	2.53	—	—	—
’25	0.02	2.50	0.96	1.18	4.66
’24	0.32	0.78	0.04	0.23	1.36
’23	1.14	0.89	0.15	0.35	2.53
’22	2.49	6.51	2.94	2.15	14.18
’21	0.22	1.94	1.25	2.11	5.52
’20	(0.06)	1.34	(1.03)	0.55	0.81

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	36.60	39.35	40.41	44.88	23.85	48.45	67.23	52.23	43.70	45.00	Analyst estimates 2026–2028 Powerpack
	High	49.70	52.60	58.99	56.00	50.81	77.35	117.25	85.16	60.87	65.08
People
People	Employees	5,130	5,104	20,300	22,300	23,100	23,500	24,700	25,900	25,500	25,100
	Revenue/emp, $m	0.87	0.89	0.97	0.90	0.91	1.18	1.53	1.12	1.02	1.07
Income, $m
Income, $m	Revenue	4,456	4,547	19,636	20,084	20,908	27,712	37,884	29,056	25,972	26,885
	Gross margin, %	18.63	15.26	27.46	27.39	25.06	33.95	40.71	29.16	28.99	31.05
	EBT	243	(29)	(124)	1,308	382	4,168	10,246	1,952	1,136	3,049
	EBT margin, %	5.45	(0.64)	(0.63)	6.51	1.83	15.04	27.05	6.72	4.37	11.34
	Net income	323	327	3,573	992	459	3,179	7,687	1,282	700	2,297
	Depreciation	695	692	1,592	1,799	1,989	1,951	2,012	2,169	2,339	2,369
Per share, $
Per share, $	Revenue	13.28	5.41	31.42	34.49	36.70	48.65	70.35	58.54	52.55	55.28
	Earnings	1.00	0.97	5.72	1.70	0.81	5.53	14.22	2.53	1.36	4.66
	Cash flow	3.75	1.46	3.28	6.29	5.83	6.82	15.06	10.21	7.15	8.24
	Capex	(2.66)	(0.77)	(2.41)	(3.25)	(1.99)	(3.31)	(4.60)	(5.24)	(4.36)	(4.12)
	Free cash flow	1.09	0.68	0.87	3.05	3.84	3.51	10.46	4.97	2.79	4.12
	Book value	24.43	9.88	39.09	39.28	39.33	41.60	48.03	50.77	49.46	52.16
	Shares, m	336	840	625	582	570	570	538	496	494	486
Valuation, ×
Valuation, ×	P/E	47.09	49.35	8.13	27.85	60.20	13.60	5.07	22.54	32.66	13.22
	P/S	3.41	10.12	1.50	1.39	1.31	1.55	1.02	0.97	0.85	1.12
	P/B	1.85	5.54	1.20	1.22	1.22	1.81	1.49	1.12	0.90	1.18
	EV/Sales	4.43	11.07	1.85	1.86	1.73	1.88	1.28	1.33	1.26	1.49
	EV/FCF	53.84	87.66	56.04	21.00	17.45	29.38	8.96	17.29	28.50	22.64
Cash, $m
Cash, $m	Operating cash flow	1,260	1,225	2,052	3,665	3,323	3,886	8,110	5,066	3,535	4,007
	Capex	(893)	(651)	(1,507)	(1,891)	(1,135)	(1,884)	(2,475)	(2,600)	(2,154)	(2,005)
	Free cash flow	367	574	545	1,774	2,188	2,002	5,635	2,466	1,381	2,002
Balance, $m
Balance, $m	Working capital	(303)	1,721	3,327	1,536	2,990	1,403	2,062	2,049	1,747	3,708
	Total debt	4,591	4,441	9,203	10,031	10,220	9,626	10,724	11,240	11,452	10,736
	Net debt	4,559	4,325	6,889	9,360	8,766	9,127	9,823	10,299	10,599	10,035
	Shareholders’ equity	8,199	8,303	24,425	22,869	22,403	23,699	25,863	25,201	24,442	25,365
Returns, %
Returns, %	ROA	1.86	1.91	11.43	2.15	0.98	6.49	14.65	2.34	1.29	4.35
	ROIC	2.25	1.03	0.83	3.61	1.81	9.10	18.93	4.83	3.31	6.60
	ROE	3.90	3.96	21.83	4.20	2.03	13.68	30.91	4.93	2.72	9.10

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
NTR Nutrien Ltd.	$33.1B	14.4×	12.3×	+3.58% (above 0%: growing)	+0.80% (above 0%: growing)	−5.72% (below 0%: shrinking)	30.07%	16.44%
CF CF Industries Holdings, Inc.	$18.1B	8.9×	6.2×	+17.57% (above 0%: growing)	+100.00% (above 0%: growing)	+88.82% (above 0%: growing)	51.53%	50.45%	Compare
CTVA Corteva, Inc.	$8.6B	8.5×	28.9×	−1.19% (below 0%: shrinking)	−9.90% (below 0%: shrinking)	−169.39% (below 0%: shrinking)	57.39%	26.21%	Compare
ICL ICL Group Ltd.	$6.4B	20.7×	20.4×	+16.54% (above 0%: growing)	+57.14% (above 0%: growing)	+38.81% (above 0%: growing)	31.10%	12.46%	Compare
MOS The Mosaic Company	$6.0B	— (loss-making)	— (loss-making)	−6.04% (below 0%: shrinking)	n/m	−149.10% (below 0%: shrinking)	7.60%	(1.26%)	Compare
SMG The Scotts Miracle-Gro Company	$3.2B	43.7×	18.6×	+1.10% (above 0%: growing)	−25.19% (below 0%: shrinking)	−26.61% (below 0%: shrinking)	31.22%	14.47%	Compare
UAN CVR Partners, LP	$1.4B	8.3×	—	+19.95% (above 0%: growing)	+99.73% (above 0%: growing)	+177.34% (above 0%: growing)	57.09%	41.95%	Compare
FMC FMC Corporation	$874.2M	— (loss-making)	6.4×	−17.46% (below 0%: shrinking)	n/m	+882.90% (above 0%: growing)	39.45%	(13.80%)	Compare
IPI Intrepid Potash, Inc	$434.2M	16.2×	— (loss-making)	−1.26% (below 0%: shrinking)	+372.00% (above 0%: growing)	−31.61% (below 0%: shrinking)	24.97%	1.59%	Compare
Median of peers	$4.6B	12.6×	18.6×	−0.05%	+78.44%	+6.10%	35.34%	13.47%

All 18 Agricultural Inputs stocks →

Nutrien Ltd. (NTR) key facts

Strength: Nutrien Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $26.9 billion, up 3.52% from fiscal 2024.
Nutrien Ltd. (NTR) is an Agricultural Inputs company in the Basic Materials sector, listed on the New York Stock Exchange.
As of October 16, 2026, NTR traded at $71.26, a market capitalization of $33.1 billion.
Nutrien Ltd. pays an annual dividend of $2.20 per share, a yield of 3.08%, with a payout ratio of 44.4%.
Return on equity was 9.10% and debt-to-equity 0.44.
Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 1.83 (grey zone) for fiscal 2025.