Stock Analysis

Nutrien Full Year 2024 Earnings: Revenues Disappoint

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Nutrien (TSE:NTR) Full Year 2024 Results

Key Financial Results

  • Revenue: US$25.0b (down 11% from FY 2023).
  • Net income: US$674.0m (down 46% from FY 2023).
  • Profit margin: 2.7% (down from 4.5% in FY 2023).
  • EPS: US$1.36 (down from US$2.53 in FY 2023).
revenue-and-expenses-breakdown
TSX:NTR Revenue and Expenses Breakdown February 24th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Nutrien Revenues Disappoint

Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) was mostly in line with analyst estimates.

The primary driver behind last 12 months revenue was the Retail segment contributing a total revenue of US$17.8b (71% of total revenue). Notably, cost of sales worth US$17.5b amounted to 70% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to US$3.44b (50% of total expenses). Explore how NTR's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Canada.

Performance of the Canadian Chemicals industry.

The company's shares are up 3.7% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Nutrien that you should be aware of before investing here.

Valuation is complex, but we're here to simplify it.

Discover if Nutrien might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About TSX:NTR

Nutrien

Provides crop inputs and services.

Good value with proven track record.

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