Nutrien Ltd.
Financial ratios & Valuation

Forward Multiples (2025 – 2027)

202520262027
Price/Earnings ratio
15.3517.9418.68
Price/Sales ratio
1.181.141.14
Earnings per Share (EPS)
$3.68$3.15$3.03

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
11.9414.3854.6856.268.1528.1259.7713.585.1322.2229.908.15
Price/Sales ratio
2.572.904.124.041.481.391.311.541.030.990.811.39
Price/Book Value ratio
2.082.172.232.211.191.211.221.811.521.110.871.21
Price/Cash Flow ratio
7.027.8114.5815.0114.207.618.2511.024.845.514.737.61
Price/Free Cash Flow ratio
12.6217.3350.3332.1045.0315.7215.4620.376.9311.679.3815.72
Price/Earnings Growth ratio
-1.07-0.84-0.74-28.130.01-0.40-1.160.020.03-0.27-4.30-0.40
Dividend Yield
6.21%6.59%4.40%1.79%3.26%3.74%3.95%2.41%2.51%3.69%3.65%3.26%
Profitability Indicator Ratios
Gross Profit Margin
37.20%36.13%19.07%14.84%27.45%27.17%25.05%33.95%40.71%26.70%29.96%27.45%
Operating Profit Margin
33.00%30.46%13.50%4.59%2.10%9.29%7.71%17.25%28.53%12.65%4.23%2.10%
Pretax Profit Margin
30.41%27.40%8.66%-0.63%-0.63%6.53%1.82%15.04%27.04%6.95%3.61%-0.63%
Net Profit Margin
21.58%20.22%7.54%7.19%18.19%4.95%2.19%11.37%20.21%4.47%2.74%4.95%
Effective Tax Rate
29.02%26.20%12.95%631.03%75%24.15%-20.15%23.72%24.97%34.32%26.23%26.23%
Return on Assets
8.66%7.27%1.94%1.92%7.85%2.11%0.97%6.31%14.03%2.38%1.41%2.11%
Return On Equity
17.47%15.15%4.09%3.93%14.62%4.33%2.05%13.33%29.66%5.00%2.93%4.33%
Return on Capital Employed
15.12%12.16%3.86%1.35%1.11%4.94%4.16%12.74%26.81%8.74%2.76%1.11%
Liquidity Ratios
Current Ratio
0.88N/AN/A2.071.391.161.35N/AN/AN/A1.261.16
Quick Ratio
0.580.460.361.580.800.620.770.600.600.640.810.80
Cash ratio
0.090.050.010.070.270.070.170.040.060.070.040.07
Days of Sales Outstanding
36.3227.2034.9739.2562.1264.5662.5170.5859.6569.80106.4862.12
Days of Inventory outstanding
52.7768.1777.7374.28125.99124.52114.84126.19124.02112.3695.49124.52
Operating Cycle
89.0995.38112.71113.53188.11189.09177.35196.77183.67182.16201.98188.11
Days of Payables Outstanding
37.3338.7734.4124.0378.23100.52102.84103.2894.2097.12N/A100.52
Cash Conversion Cycle
51.7656.6078.2989.49109.8888.5774.5193.4989.4785.03201.98109.88
Debt Ratios
Debt Ratio
0.230.240.260.260.200.210.210.190.190.210.250.20
Debt Equity Ratio
0.480.500.550.530.370.430.450.400.410.440.530.37
Long-term Debt to Capitalization
0.260.300.310.300.230.270.300.240.230.260.270.23
Total Debt to Capitalization
0.320.330.350.340.270.300.310.280.290.300.340.27
Interest Coverage Ratio
12.51N/AN/A1.304.494.223.46N/AN/AN/A1.524.22
Cash Flow to Debt Ratio
0.610.550.270.270.220.360.320.400.750.450.340.22
Company Equity Multiplier
2.012.082.102.041.862.042.112.112.112.092.071.86
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.360.370.280.260.100.180.150.140.210.180.170.10
Free Cash Flow / Operating Cash Flow Ratio
0.550.450.280.460.310.480.530.540.690.470.500.31
Cash Flow Coverage Ratio
0.610.550.270.270.220.360.320.400.750.450.340.22
Short Term Coverage Ratio
2.534.521.421.671.262.4719.201.843.022.171.162.47
Dividend Payout Ratio
74.28%94.80%240.77%100.91%26.64%105.41%236.25%32.85%12.92%82.03%144.91%26.64%