NTR (Nutrien Ltd.) Stock Financials & Earnings | Market Cap Arena

NTR (Nutrien Ltd.) Stock Financials & Earnings | Market Cap Arena

NTRNutrien Ltd.

Mkt Cap$37B

Basic Materials·Agricultural Inputs·🇨🇦 Canada·NYSE

Revenue (TTM)$26.9B

Net Income (TTM)$2.3B

EPS (TTM)$4.66

Free Cash Flow (TTM)$2.0B

Gross Margin31.1%

Op. Margin13.4%

Net Margin8.4%

FCF Margin7.4%

P/S Ratio (TTM)1.4x

P/E Ratio (TTM)16.3x

YoY Rev Growth+3.6%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$6.1B	$1.9B	$939M
Q2 23	$11.7B	$3.2B	$2.0B
Q3 23	$5.6B	$1.6B	$0
Q4 23	$5.7B	$1.8B	$467M
Q1 24	$5.4B	$1.5B	$419M
Q2 24	$10.2B	$2.9B	$844M
Q3 24	$5.3B	$1.5B	$265M
Q4 24	$5.1B	$1.6B	$471M
Q1 25	$5.1B	$1.3B	$226M
Q2 25	$10.4B	$3.2B	$1.8B
Q3 25	$5.9B	$1.9B	$792M
Q4 25	$5.4B	$1.9B	$800M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.0x	5.4x
Q2 23	1.1x	10.0x
Q3 23	1.2x	16.8x
Q4 23	1.3x	29.4x
Q1 24	1.3x	43.8x
Q2 24	1.4x	46.8x
Q3 24	1.4x	50.5x
Q4 24	1.4x	54.9x
Q1 25	1.4x	70.2x
Q2 25	1.4x	27.1x
Q3 25	1.4x	20.5x
Q4 25	1.4x	16.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$858M	-$1.3B
Q2 23	$2.2B	$1.5B
Q3 23	-$469M	-$1.1B
Q4 23	$4.2B	$3.3B
Q1 24	-$487M	-$840M
Q2 24	$1.8B	$1.3B
Q3 24	-$908M	-$1.4B
Q4 24	$3.1B	$2.4B
Q1 25	-$1.1B	-$1.4B
Q2 25	$2.5B	$2.1B
Q3 25	-$439M	-$934M
Q4 25	$3.0B	$2.2B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$465M
Q2 23	$791M
Q3 23	$634M
Q4 23	$831M
Q1 24	$353M
Q2 24	$526M
Q3 24	$529M
Q4 24	$705M
Q1 25	$300M
Q2 25	$424M
Q3 25	$495M
Q4 25	$844M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-20.2%	-8.7%
Q2 23	-19.7%	+1.1%
Q3 23	-31.2%	-10.3%
Q4 23	-24.8%	-10.3%
Q1 24	-11.8%	-3.8%
Q2 24	-12.9%	-3.6%
Q3 24	-5.0%	-9.7%
Q4 24	-10.3%	-11.3%
Q1 25	-5.4%	-1.9%
Q2 25	+2.8%	-7.0%
Q3 25	+11.1%	+1.3%
Q4 25	+6.8%	+0.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$15M	0.2%
Q2 23	-$64M	-0.5%
Q3 23	$42M	0.7%
Q4 23	-$7M	-0.1%
Q1 24	$6M	0.1%
Q2 24	$10M	0.1%
Q3 24	$1M	0.0%
Q4 24	$20M	0.4%
Q1 25	$42M	0.8%
Q2 25	$49M	0.5%
Q3 25	$28M	0.5%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q1 23	$160M	$770M	—
Q2 23	$93M	$979M	—
Q3 23	$193M	$799M	—
Q4 23	$221M	$849M	—
Q1 24	$168M	$794M	—
Q2 24	$172M	$1.0B	—
Q3 24	$157M	$820M	—
Q4 24	$253M	$813M	—
Q1 25	$199M	$757M	—
Q2 25	$202M	$951M	—
Q3 25	—	—	$987M
Q4 25	—	—	$1.0B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$1.5B	$0	$1.5B
Q2 23	$737M	$0	$737M
Q3 23	$554M	$0	$554M
Q4 23	$941M	$0	$941M
Q1 24	$496M	$0	$496M
Q2 24	$1.0B	$0	$1.0B
Q3 24	$520M	$0	$520M
Q4 24	$853M	$0	$853M
Q1 25	$895M	$0	$895M
Q2 25	$1.4B	$0	$1.4B
Q3 25	$624M	$0	$624M
Q4 25	$700M	$0	$700M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	502M	-3.0%
Q2 23	496M	-1.3%
Q3 23	495M	-0.2%
Q4 23	495M	-0.0%
Q1 24	495M	-0.0%
Q2 24	495M	+0.0%
Q3 24	495M	-0.0%
Q4 24	493M	-0.4%
Q1 25	490M	-0.7%
Q2 25	488M	-0.4%
Q3 25	486M	-0.4%
Q4 25	483M	-0.5%