Nutrien Ltd.
Nutrien Ltd. (NTR) is listed on NYSE and classified in Agricultural Inputs, part of the Basic Materials sector. It is headquartered in Saskatoon, Canada. The company is worth $32.97B and trades at 13.8x its earnings of the last twelve months; the median for its sector is 19.1x. Revenue was $26.89B in fiscal 2025, up 3.5% from the year before. Net income was $2.27B. The share price is 19.1% below its 52-week high of $85.36. It pays a dividend yielding 3.18%, and has raised its annual dividend for 6 years in a row in our records. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $32.12M. In that quarter, 2 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +7.8% over 5Y.
today you would have $1,185.75▲ +18.6%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $61.72 | $44.75 | $56.33 | $73.03 | |
| P/E | 17.8x | 13.2x | 32.9x | 22.3x | 5.2x |
| P/S | 1.0x | 1.1x | 0.8x | 1.0x | 1.0x |
| P/B | 1.1x | 1.2x | 0.9x | 1.1x | 1.4x |
| EPS | $4.66 | $1.36 | $2.53 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 3.2% dividend yield. Growth capped at 25%.
Median P/E of 19.1 among peers in the sector.
Median P/E of 17.8 across this company’s own years on record.
Cash flow growing 5.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 9.8x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 4.8% a year against a 9.6% required return, from the stock’s beta.
Companies of similar size in Basic Materials, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| STLDSteel Dynamics Inc | $239.90 | 18.3x | 3.5x | 0.88% | 20.81% | $34.38B |
| GFIGold Fields Ltd | $35.14 | 7.5x | 7.0x | 6.12% | 58.68% | $31.31B |
| VMCVulcan Materials CO | $268.72 | 31.7x | 4.1x | 0.77% | 13.23% | $34.82B |
| MLMMartin Marietta Materials Inc | $517.67 |
| $14.18 |
| Dividend yield | 3.20% | 1.77% | 4.83% | 3.76% | 2.63% |
| Payout | 53.59% | 23.39% | 158.82% | 83.79% | 13.54% |
| Profit margin | 6.38% | 8.43% | 2.60% | 4.33% | 20.22% |
| ROE | 6.98% | 8.95% | 2.76% | 5.00% | 29.67% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
-13.6% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 33.7x |
| 2.7x |
| 0.65% |
| 8.89% |
| $36.76B |
| TECKTECK Resources Ltd | $58.90 | 17.1x | 1.5x | 0.59% | 8.72% | $28.9B |
| KGCKinross Gold Corp | $22.68 | 9.1x | 2.8x | 0.71% | 36.99% | $26.9B |