# Nutrien Ltd. Common Shares (NTR) — Stock CV

Nutrien Ltd. is a $32.2B materials company. Revenue grew 3.7% over the last year, it keeps 9¢ of every dollar of sales as profit, and its net debt equals ~5.3 years of free cash flow. It trades at 14.0× earnings — around the middle of its own history.

> Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity.

## Identity

- **Ticker**: NTR
- **Sector**: Basic Materials
- **Employees**: 25 100
- **Website**: https://www.nutrien.com
- **Market cap**: $32.2B
- **Last price**: $67.50
- **Financial profile**: Solid

## Vitals (FY2025)

- **Revenue**: $25.9B
- **Net income**: $2.27B
- **Free cash flow**: $2.23B
- **Net debt**: $11.8B
- **P/E**: 14.0
- **Revenue growth (YoY)**: 3.7%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 90 |
| Growth | 0 |
| Profitability | 42 |
| Health | 59 |
| Quality | 92 |
| Moat | 50 |

## Qualifications (beginner checklist) — 9 of 11 passed

- [x] Revenue growing — +3.7% YoY
- [x] Profitable — $2.27B FY2025
- [ ] Profit growing — -31.0% YoY
- [x] Generates cash — $2.23B FY2025
- [ ] Debt under control — ~5.3y of cash flow to repay
- [x] Established company — $32.2B market cap
- [x] Not printing shares — -14.8% shares over ~5y
- [x] Proven track record — 5/5 profitable years
- [x] Financially stable — Altman Z 1.8 — grey
- [x] Pays a dividend — yield 3.18%
- [x] Valuation not extreme — P/E 14.0

## Experience (career milestones)

- **FY2022** — Best year on record: $7.66B net income
- **FY2021** — Profitable every year on record: 5 consecutive profitable years in our data
- **FY2021** — Revenue already above $10B: $26.9B in first reported year
- **FY2021** — Positive free cash flow every year since: 5-year streak

## Strengths

- Interest covered 11.3× by operating earnings
- Piotroski F-Score 8/9 — fundamentally strong checklist

## Watch-outs

- Net debt would take ~5.3 years of free cash flow to repay
- Net debt equals ~5.3 years of free cash flow

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $26.9B | $3.15B | $5.86B |
| FY2022 | $37.0B | $7.66B | $2.67B |
| FY2023 | $28.1B | $1.26B | $1.54B |
| FY2024 | $25.0B | $674M | $2.15B |
| FY2025 | $25.9B | $2.27B | $2.23B |

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Source: https://stockcv.com/NTR — derived from company filings; may be delayed or incomplete. Information, not investment advice.