Nutrien Ltd
Research Nutrien Ltd (NTR) on Bullrun: valuation model: 11.5% undervalued, market cap USD 32.28B, P/E 13.7, dividend yield 2.4%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerNTR
- ExchangeNYSE
- CountryCanada
- SectorBasic Materials
- IndustryAgricultural Inputs
- CurrencyUSD
- Valuation signal11.5% undervalued
- Market capUSD 32.28B
- P/E13.7
- Dividend yield2.4%
- Financial periodQ2 2026
- RevenueUSD 10.81B
- Net incomeUSD 1.21B
- Free cash flowUSD 1.99B
- Gross margin30.1%
Valuation Snapshot
Bullrun's latest valuation model marks Nutrien Ltd as 11.5% undervalued; latest market cap is USD 32.28B; P/E is 13.7; dividend yield is 2.4%.
Peer valuation comparison
Latest P/E is 13.67x versus a Basic Materials sector median of 16.7x (18.2% below).
Latest dividend yield is 2.43% versus a Basic Materials sector median of 2.3% (5.7% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 26.89B | USD 2.27B | USD 2.00B | 31.0% | 4.66 | USD 701.00M | USD 12.02B | USD 25.32B |
| FY2024 | USD 25.97B | USD 674.00M | USD 1.38B | 29.0% | 1.36 | USD 853.00M | USD 12.81B | USD 24.41B |
| FY2023 | USD 29.06B | USD 1.26B | USD 2.47B | 29.2% | 2.53 | USD 941.00M | USD 12.57B | USD 25.16B |
| FY2022 | USD 37.88B | USD 7.66B | USD 5.64B | 40.7% | 14.18 | USD 901.00M | USD 11.93B | USD 25.82B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 32.28B | 13.7 | 2.4% | 1.65 |
| 2025 | 2025-12-31 | USD 29.75B | 13.2 | 1.8% | 1.1 |
| 2024 | 2024-12-31 | USD 21.97B | 32.9 | 4.8% | 2.16 |
| 2023 | 2023-12-29 | USD 27.86B | 13.0 | 3.8% | 2.12 |
| 2022 | 2022-12-30 | USD 37.99B | 5.2 | 2.6% | 1.92 |
| 2021 | 2021-12-31 | USD 41.92B | 13.6 | 2.4% | 1.84 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.65 USD, yield 2.4%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.1 USD |
| FY2024 | 2.16 USD |
| FY2023 | 2.12 USD |
| FY2022 | 1.92 USD |
About Nutrien Ltd
Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment markets crop nutrients, crop protection products, seed, and merchandise, as well as provides agronomic application and financing services and solutions; and produces proprietary products, including proprietary crop nutrient, crop protection, and seed products. The Potash segment includes mining and processing of potash.
ETFs that hold Nutrien Ltd
Nutrien Ltd is one of the ten largest holdings of 5 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| iShares Agribusiness UCITS ETF USD (Acc) | 6.21% | 0.55% |
| VanEck Agribusiness UCITS ETF A USD | 6.10% | 0.55% |
| Global X AgTech & Food Innovation UCITS ETF USD Acc | 12.24% | 0.50% |
| Franklin Future of Food UCITS ETF | 3.42% | 0.30% |
| Middlefield Canadian Enhanced Income UCITS ETF | 4.09% | 0.95% |
Related stock research
Other Basic Materials stocks
Frequently asked questions
Is Nutrien Ltd overvalued or undervalued?
Bullrun's valuation model currently marks Nutrien Ltd as 11.5% undervalued.
What is Nutrien Ltd's market cap?
Nutrien Ltd's market capitalization is USD 32.28B.
What is Nutrien Ltd's P/E ratio?
Nutrien Ltd's price-to-earnings (P/E) ratio is 13.7.
Does Nutrien Ltd pay a dividend?
Nutrien Ltd has a dividend yield of 2.4%.
What does Nutrien Ltd do?
Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment markets crop nutrients, crop protection products, seed, and merchandise, as well as provides agronomic application and financing services and solutions; and produces proprietary products, including proprietary crop nutrient, crop protection, and seed products. The Potash segment includes mining and processing of potash.