Nutrien Ltd.

NYSE:NTR Stock Report

Market Cap: US$37.5b

Nutrien Future Growth

Future criteria checks 0/6

Nutrien's earnings are forecast to decline at 1.9% per annum while its annual revenue is expected to grow at 0.3% per year. EPS is expected to decline by 2.8% per annum. Return on equity is forecast to be 7.6% in 3 years.

Key information

-1.9%

Earnings growth rate

-2.77%

EPS growth rate

Chemicals earnings growth21.8%
Revenue growth rate0.3%
Future return on equity7.58%
Analyst coverage

Good

Last updated11 Sep 2026

Recent future growth updates

Recent updates

Seeking Alpha • Aug 31

Nutrien: Lowering To A Hold On Mixed Q2 (Rating Downgrade)

Summary Nutrien is lowered to a Hold after a mixed Q2, as higher sales were accompanied by weaker profitability, lower fertilizer volumes, and higher sulfur costs. Long-term fertilizer demand remains tied to crop production, but that does not remove the cyclicality of Nutrien’s earnings. Near-term uncertainty remains in nitrogen, phosphate, and Retail, while potash performed better and the lower end of 2026 potash volume guidance was raised. Nutrien trades below the sector on several forward valuation measures, but above its own five-year averages, limiting the margin of safety at the current valuation. Read the full article on Seeking Alpha
Seeking Alpha • Feb 24

Nutrien: The Downtrend Is Done, Dividend Hike And Technicals Are Evidence

Summary The Materials sector, particularly the agricultural industry, has outperformed in 2025, with the Global X AgTech & Food Innovation ETF leading the way. Nutrien offers value with an attractive yield, improved Q4 performance, and bullish technical signals suggesting a potential rise to $70. Despite mixed Q4 results, Nutrien's positive outlook, cost-cutting efforts, and high dividend yield underscore cautious optimism and potential EPS upgrades. Key risks include retail competition, global macro weakness, geopolitical tensions, and weather impacts, but the technical breakout and valuation support a buy rating. Read the full article on Seeking Alpha
Seeking Alpha • Dec 11

Nutrien: Worth Having Exposure To

Summary Nutrien Ltd. offers a strong market presence and cost advantages in potash and nitrogen, making it a compelling value despite cyclical fertilizer price volatility. The stock's 4.4% dividend yield and nearly 10% free cash flow yield provide an attractive income that is well-covered at low fertilizer prices. Nutrien's conservative capital allocation during cycles and recent performance as an inflation hedge enhance its potential to enhance risk-adjusted returns in upcoming inflation shocks. Technical analysis suggests the potential for a breakout, especially if fertilizer prices surprise to the upside; current valuation and dividend yield make it a compelling value investment. Read the full article on Seeking Alpha
Seeking Alpha • Nov 12

Growth On The Cheap: Nutrien's Big Yield In Fertile Ground

Summary Nutrien Ltd., the world's largest potash producer, has a narrow-moat advantage, allowing profitability even when commodity prices are low. Despite recent volatility, Nutrien's 3Q24 data shows promising growth, with EBITDA up 21%, supported by higher prices and sales volumes. My investment thesis remains strong; Nutrien is a "Strong Buy" due to its cost advantages and potential for recovery in agricultural markets. Read the full article on Seeking Alpha
Seeking Alpha • Oct 04

Nutrien: An Underappreciated Hedge Against Resurgent Supply-Side Inflation Risks

Summary Fertilizer prices have stabilized to pre-COVID levels, with stocks like Nutrien trading as if the supply-chain spike never occurred. Fertilizer producers are an overlooked inflation hedge due to their strong correlation with natural gas and crop prices, with North American export demand growing. Nutrien's valuation is down, but it may be an accumulation opportunity with potential supply-side pressures seemingly rebounding. Although low domestic crop prices are a risk, Nutrien's recession exposure is low, and its correlation to the S&P 500 is very low at ~0.3X, making it a long-term alpha play. Read the full article on Seeking Alpha
Seeking Alpha • Sep 15

Nutrien: Short-Termism Creates Opportunities For Long-Term Investors (Rating Upgrade)

Summary Nutrien's share price has continued sliding over the course of 2024, but margin and sales headwinds are weakening. The company is well-positioned to serve the high margin North America market while also expending in Latin America. At the same time, the assumptions that are built in the share price are unlikely to persist beyond the near term. Investors should be prepared for more volatility ahead, but a rating upgrade appears justified at this point in time. Read the full article on Seeking Alpha
Seeking Alpha • Aug 20

Nutrien Remains A 'Strong Buy' As The Tide Is Turning

Summary Nutrien's stock has declined due to low crop prices, high inflation, and interest rates, but its strong financials hint at a bottoming trend. The company’s cost management and strong performance in key segments show resilience, with a positive long-term outlook driven by rising demand. Despite past struggles, I maintain a Strong Buy rating on Nutrien, confident in its potential rebound as market conditions improve. Read the full article on Seeking Alpha
Seeking Alpha • Jul 10

Nutrien: We Could See A Reversal In 2024

Summary Nutrien's stock price continued falling in the first half of 2024, mostly in line with agricultural commodities. At the same time, however, certain business fundamentals are showing early signs of recovery. The stock now trades at significantly more attractive levels and long-term investors should take notice. Read the full article on Seeking Alpha
Seeking Alpha • May 06

Nutrien: A Low-Risk Total Return Pick Benefiting From Inflation

Summary Nutrien share pricing has returned to 2018 levels, despite a stronger balance sheet and greater underlying asset value. The company offers a solid 4% dividend yield, making it an attractive choice for investors looking for both income and food-inflation hedge characteristics. With a resilient farm economy and the potential for oversized grain advances, Nutrien buyers may experience above-average total return performance over the next 3-5 years. Read the full article on Seeking Alpha
Seeking Alpha • Feb 22

Nutrien: I'm Buying More Before The Market Finds Out How Cheap It Is

Summary Nutrien has experienced a decline in stock price following the decrease in net earnings and adjusted EBITDA in 2023. Despite the headwinds, Nutrien remains committed to returning value to shareholders through increased dividends and share repurchases. The company anticipates higher fertilizer sales volumes and improved metrics in 2024, supported by strong potash demand and positive market conditions. Read the full article on Seeking Alpha
Seeking Alpha • Feb 13

Ho Ho Ho Green Giant: Nutrien Ltd. And CF Industries Holdings

Summary Soft commodities are bottoming at higher lows, leading to increased food prices. Nutrien is the largest global retailer of fertilizer and has been expanding through acquisitions. CF Industries Holdings is adjusting its business strategy and has significant cash to buy stock at depressed prices. A technical EW view of these fertilizer giants. Read the full article on Seeking Alpha
Seeking Alpha • Jan 19

Nutrien: Patience Will Award Shareholders

Summary Nutrien's 2023 results show a decline in gross margin and net profit compared to previous years. The company's guidance for 2023 indicates a need for approximately $2.1-2.2 billion in sustaining capital expenditures (and leases). Nutrien's long-term outlook suggests a normalized EBITDA of $7-7.5 billion per year, providing potential for higher free cash flows. Read the full article on Seeking Alpha

Earnings and Revenue Growth Forecasts

NYSE:NTR - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202827,2922,1572,5144,4759
12/31/202727,3232,3152,7094,82316
12/31/202627,6672,2412,8775,04015
6/30/202627,2882,3802,0874,184N/A
3/31/202626,8772,3872,2084,238N/A
12/31/202525,9492,2672,0024,007N/A
9/30/202525,6711,8092,1324,153N/A
6/30/202525,0211,3631,6723,671N/A
3/31/202524,7395278392,940N/A
12/31/202425,0166741,3813,535N/A
9/30/202425,5567332,4654,562N/A
6/30/202425,8397902,7785,001N/A
3/31/202427,3258452,9495,437N/A
12/31/202328,0821,2582,4665,066N/A
9/30/202329,9672,1982,7515,652N/A
6/30/202332,5833,7004,0966,999N/A
3/31/202335,4666,8534,7257,314N/A
12/31/202237,0127,6605,6358,110N/A
9/30/202236,7927,7494,9017,011N/A
6/30/202234,6126,8892,6024,568N/A
3/31/202229,8684,4042,0993,976N/A
12/31/202126,8613,1532,0023,886N/A
9/30/202123,6422,2681,2543,027N/A
6/30/202121,8619642,3413,907N/A
3/31/202120,5146212,1853,697N/A
12/31/202020,0534591,7743,323N/A
9/30/202019,534951,3542,964N/A
6/30/202019,4708232,3524,238N/A
3/31/202019,754916N/A3,654N/A
12/31/201919,316992N/A3,665N/A
9/30/201919,6711,336N/A3,214N/A
6/30/201919,449128N/A2,448N/A
3/31/201918,86211N/A1,877N/A
12/31/201818,772-31N/A2,052N/A
9/30/201816,051-447N/A465N/A
6/30/201813,376636N/A935N/A
3/31/20186,48947N/A662N/A
12/31/20174,010154N/A1,225N/A
9/30/20173,973196N/A1,197N/A
6/30/20173,893261N/A1,199N/A
3/31/20173,824230N/A1,295N/A
12/31/20163,921199N/A1,260N/A
9/30/20164,239478N/A1,530N/A
6/30/20164,658679N/A1,593N/A
3/31/20165,330975N/A2,005N/A
12/31/20155,7911,115N/A2,338N/A
9/30/20156,3031,476N/A2,428N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NTR's earnings are forecast to decline over the next 3 years (-1.9% per year).

Earnings vs Market: NTR's earnings are forecast to decline over the next 3 years (-1.9% per year).

High Growth Earnings: NTR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: NTR's revenue (0.3% per year) is forecast to grow slower than the US market (13.5% per year).

High Growth Revenue: NTR's revenue (0.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NTR's Return on Equity is forecast to be low in 3 years time (7.6%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/11 04:13
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nutrien Ltd. is covered by 51 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Keith CarpenterATB Cormark
Benjamin TheurerBarclays