Nutrien Ltd. (NTR.TO) stock analysis

In our weekly check, Nutrien Ltd. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 8, red flags: 3.

About Nutrien Ltd.

Nutrien Ltd. is a Basic Materials company (Agricultural Inputs) based in Canada, listed on TSX as NTR.TO.

What our checks show for NTR.TO

Red flags

• The net margin fell by 2.9 points over 5 years, to 8.4%: the company keeps less of each sale as profit.
• Analysts expect revenue to shrink about 1.7% a year.
• Revenue fell 9.8% a year over the last 3 years.

Warning signs

• The gross margin fell by 2.9 points, to 31.1%: costs are rising faster than prices.
• Analysts expect earnings per share to shrink about 2.1% a year.
• Earnings per share fell 30% a year over the last 3 years.
• Net profit fell 32.6% a year over the last 3 years.
• The net margin is only 8.4%: little room if costs rise.
• The stock has fallen as much as 57% from a peak. Would you have held through that?
• The stock is still below its previous peak.
• Return on capital (ROCE) is only 9.9%.

Strengths

• Operating cash flow is 1.77x net profit: the profit arrives as real cash.
• The dividend takes 44% of profit: there is a cushion.
• The price is 14.1 times earnings (P/E), reasonable for its growth.
• A large company: market value $33.28 billion.
• Pay in shares is only 9.1% of free cash flow.

Next earnings report: 2026-11-04

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Questions

What grade does Nutrien Ltd. (NTR.TO) have?

In our weekly check, Nutrien Ltd. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 8, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of NTR.TO stock?

This week's biggest flags for Nutrien Ltd.: Margins falling, Weak revenue forecast, Weak revenue growth. In total 11 of 25 checks show a warning or a red flag.

What does Nutrien Ltd. do?

Nutrien Ltd. is a Basic Materials company (Agricultural Inputs) based in Canada, listed on TSX as NTR.TO.

When does Nutrien Ltd. report earnings next?

The next earnings report is expected on 2026-11-04. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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