Nutrien Ltd. (NTR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 5.96B | 5.42B | 5.94B | 10.44B | 5.1B | 5.08B | 5.35B | 10.16B | 5.39B | 5.66B | 5.63B | 11.65B | 6.11B | 7.53B | 8.19B | 14.51B | 7.66B | 7.27B | 6.02B | 9.76B |
| Revenue Growth % | 16.91% | 6.75% | 11.08% | 2.78% | -5.36% | -10.33% | -5.03% | -12.85% | -11.76% | -24.81% | -31.23% | -19.66% | -20.24% | 3.66% | 35.92% | 48.58% | 64.38% | 77.2% | 42.51% | 15.8% |
| Cost of Goods Sold | 4.34B | 3.51B | 4B | 7.26B | 3.78B | 3.5B | 3.85B | 7.24B | 3.85B | 3.9B | 4B | 8.49B | 4.19B | 4.63B | 4.93B | 8.51B | 4.4B | 4.06B | 3.86B | 6.88B |
| COGS % of Revenue | 72.78% | 64.64% | 67.3% | 69.58% | 74.12% | 68.87% | 71.95% | 71.33% | 71.48% | 68.79% | 71.11% | 72.83% | 68.68% | 61.42% | 60.16% | 58.64% | 57.46% | 55.88% | 64.06% | 70.48% |
| Gross Profit | 1.62B | 1.92B | 1.94B | 3.17B | 1.32B | 1.58B | 1.5B | 2.91B | 1.54B | 1.77B | 1.63B | 3.17B | 1.91B | 2.91B | 3.26B | 6B | 3.26B | 3.21B | 2.17B | 2.88B |
| Gross Margin % | 27.22% | 35.36% | 32.7% | 30.42% | 25.88% | 31.13% | 28.05% | 28.67% | 28.52% | 31.21% | 28.89% | 27.17% | 31.32% | 38.58% | 39.84% | 41.36% | 42.54% | 44.12% | 35.94% | 29.52% |
| Gross Profit Growth % | 22.97% | 21.25% | 29.48% | 9.03% | -14.12% | -10.58% | -7.81% | -8.02% | -19.66% | -39.16% | -50.12% | -47.22% | -41.27% | -9.36% | 50.67% | 108.15% | 181.75% | 164.09% | 112.46% | 32.81% |
| Operating Expenses | 1.2B | 1.12B | 1.15B | 1.39B | 1.09B | 1.11B | 1.24B | 2.07B | 1.12B | 1.3B | 1.63B | 1.18B | 974M | 1.17B | 1.35B | 1.05B | 1.26B | 1.38B | 1.11B | 1.26B |
| OpEx % of Revenue | 20.2% | 20.6% | 19.36% | 13.35% | 21.45% | 21.85% | 23.09% | 20.36% | 20.75% | 22.97% | 28.89% | 10.09% | 15.95% | 15.48% | 16.49% | 7.27% | 16.43% | 18.98% | 18.39% | 12.94% |
| Selling, General & Admin | 1.08B | 1.03B | 986.94M | 1.15B | 956M | 1.07B | 977M | 1.18B | 962M | 1.07B | 992M | 1.07B | 930M | 976M | 1B | 1.1B | 988M | 1.08B | 923M | 1.02B |
| SG&A % of Revenue | 18.09% | 19.04% | 16.61% | 11.05% | 18.75% | 20.99% | 18.27% | 11.62% | 17.85% | 18.89% | 17.62% | 9.2% | 15.23% | 12.96% | 12.24% | 7.62% | 12.9% | 14.81% | 15.32% | 10.44% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 419.11M | 800.11M | 792.12M | 1.78B | 226M | 471M | 265M | 844M | 419M | 467M | 0 | 1.99B | 939M | 1.74B | 1.91B | 4.95B | 2B | 1.83B | 1.06B | 1.62B |
| Operating Margin % | 7.03% | 14.76% | 13.33% | 17.07% | 4.43% | 9.27% | 4.96% | 8.31% | 7.78% | 8.25% | - | 17.08% | 15.38% | 23.1% | 23.35% | 34.09% | 26.11% | 25.14% | 17.55% | 16.58% |
| Operating Income Growth % | 85.45% | 69.88% | 198.91% | 111.14% | -46.06% | 0.86% | - | -57.59% | -55.38% | -73.16% | -100% | -59.76% | -53.03% | -4.76% | 80.89% | 205.44% | 619.06% | 353.35% | 246.4% | 42.14% |
| EBITDA | 1.02B | 1.38B | 1.4B | 2.4B | 797M | 1.06B | 863M | 1.43B | 984M | 1.03B | 937M | 2.55B | 1.44B | 2.26B | 2.44B | 5.45B | 2.46B | 2.32B | 1.55B | 2.1B |
| EBITDA Margin % | 17.05% | 25.37% | 23.61% | 22.95% | 15.63% | 20.89% | 16.14% | 14.08% | 18.26% | 18.22% | 16.64% | 21.85% | 23.5% | 30% | 29.78% | 37.57% | 32.13% | 31.98% | 25.66% | 21.55% |
| EBITDA Growth % | 27.57% | 29.67% | 62.49% | 67.55% | -19% | 2.81% | -7.9% | -43.83% | -31.43% | -54.34% | -61.57% | -53.28% | -41.67% | -2.75% | 57.7% | 159.03% | 224.54% | 157.65% | 796.4% | 27.05% |
| D&A (Non-Cash Add-back) | 597.61M | 575.72M | 610.16M | 614M | 571M | 590M | 598M | 586M | 565M | 565M | 552M | 556M | 496M | 520M | 526M | 505M | 461M | 497M | 489M | 485M |
| EBIT | 419.11M | 935.16M | 798.05M | 1.78B | 226M | 414M | 196M | 844M | 419M | 264M | 385M | 1.13B | 939M | 1.62B | 2.21B | 4.95B | 2B | 1.69B | 1.06B | 1.62B |
| Net Interest Income | -173.56M | -185.81M | -168.12M | -155M | -179M | -189.5M | -184M | -162M | -179M | -218.89M | -206M | -204M | -170M | -188M | -136M | -130M | -109M | -245.17M | -122M | -125M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 173.56M | 185.81M | 168.12M | 155M | 179M | 189.5M | 184M | 162M | 179M | 218.89M | 206M | 204M | 170M | 188.28M | 136M | 130M | 109M | 245.17M | 122M | 125M |
| Other Income/Expense | -237.66M | -50.77M | -162.18M | -155M | -179M | -269M | -253M | -162M | -179M | -387M | 179M | -1.07B | -170M | -269M | 158M | -130M | -109M | -246M | -122M | -125M |
| Pretax Income | 181.45M | 749.34M | 629.94M | 1.63B | 47M | 202M | 12M | 682M | 240M | 80M | 179M | 924M | 769M | 1.47B | 2.07B | 4.82B | 1.89B | 1.58B | 935M | 1.49B |
| Pretax Margin % | 3.04% | 13.82% | 10.6% | 15.59% | 0.92% | 3.98% | 0.22% | 6.72% | 4.45% | 1.41% | 3.18% | 7.93% | 12.59% | 19.53% | 25.28% | 33.19% | 24.68% | 21.76% | 15.52% | 15.3% |
| Income Tax | 44.38M | 160.43M | 166.14M | 398M | 28M | 84M | -13M | 290M | 75M | -96M | 97M | 476M | 193M | 353M | 487M | 1.21B | 505M | 374M | 209M | 381M |
| Effective Tax Rate % | 24.46% | 21.41% | 26.37% | 24.46% | 59.57% | 41.58% | -108.33% | 42.52% | 31.25% | -120% | 54.19% | 51.52% | 25.1% | 24% | 23.53% | 25.21% | 26.72% | 23.66% | 22.35% | 25.5% |
| Net Income | 129.19M | 579.78M | 458.86M | 1.22B | 11M | 113M | 18M | 385M | 158M | 172M | 75M | 440M | 571M | 1.11B | 1.58B | 3.59B | 1.38B | 1.2B | 717M | 1.11B |
| Net Margin % | 2.17% | 10.69% | 7.72% | 11.7% | 0.22% | 2.22% | 0.34% | 3.79% | 2.93% | 3.04% | 1.33% | 3.78% | 9.35% | 14.76% | 19.26% | 24.77% | 18% | 16.53% | 11.9% | 11.35% |
| Net Income Growth % | 1074.41% | 413.08% | 2449.2% | 217.14% | -93.04% | -34.3% | -76% | -12.5% | -72.33% | -84.53% | -95.24% | -87.75% | -58.56% | -7.41% | 119.94% | 224.28% | 985.04% | 280.06% | 222.15% | 44.84% |
| Net Income (Continuing) | 137.07M | 588.92M | 463.8M | 1.23B | 19M | 118M | 25M | 392M | 165M | 176M | 82M | 448M | 576M | 1.12B | 1.58B | 3.6B | 1.39B | 1.21B | 726M | 1.11B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 38.13M | 41.92M | 36M | 31M | 32M | 35M | 40M | 32M | 42.96M | 45M | 51M | 45M | 44M | 45M | 48M | 44M | 43M | 47M | 43M | 36M |
| EPS (Diluted) | 0.27 | 1.20 | 0.94 | 2.50 | 0.02 | 0.23 | 0.04 | 0.78 | 0.32 | 0.36 | 0.15 | 0.90 | 1.14 | 2.15 | 2.94 | 6.51 | 2.48 | 2.11 | 1.25 | 1.94 |
| EPS Growth % | 1105.36% | 421.74% | 2482.42% | 220.51% | -93% | -36.11% | -75.73% | -13.33% | -71.93% | -83.26% | -94.9% | -86.18% | -54.03% | 1.9% | 135.2% | 235.57% | 1027.27% | 283.64% | 221.36% | 44.78% |
| EPS (Basic) | 0.27 | 1.20 | 0.94 | 2.51 | 0.02 | 0.23 | 0.04 | 0.78 | 0.32 | 0.36 | 0.15 | 0.90 | 1.14 | 2.15 | 2.95 | 6.53 | 2.49 | 2.11 | 1.26 | 1.94 |
| Diluted Shares Outstanding | 481.65M | 483.23M | 485.78M | 487.6M | 489.54M | 492.93M | 494.86M | 494.92M | 494.79M | 494.88M | 495.06M | 495.93M | 502.22M | 517.96M | 536.16M | 551.66M | 554.65M | 569.65M | 572.22M | 571.97M |
| Basic Shares Outstanding | 481.26M | 483.03M | 485.58M | 487.4M | 489.4M | 492.84M | 494.74M | 494.65M | 494.57M | 494.55M | 494.52M | 495.38M | 501.18M | 516.81M | 534.84M | 550.05M | 552.64M | 568.03M | 570.63M | 570.35M |
| Dividend Payout Ratio | 200% | 46.08% | 57.07% | 21.95% | 2409.09% | 234.51% | 1488.89% | 69.09% | 165.19% | 152.33% | 348% | 59.77% | 43.08% | 22.57% | 16.42% | 7.35% | 18.65% | 22.15% | 36.4% | 23.74% |