Nutrien Ltd.

NTR.TOTSXBasic Materials● Active

$94.02

+$0.39(+0.42%)

Market Cap$45.2B

P/E Ratio—

52W High$116.95

52W Low$74.77

Avg Volume1.6M

Open$94.22

Beta1.06

Free Cash Flow Financials Revenue

Nutrien Ltd. (NTR.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

NTR.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

NTR.TO · FCF · TTM · margin & CAGR

Free cash flow was $2.04B for FY2025 (fiscal year ending 2025-12-31), up 47.5% year-over-year The FCF margin was 7.5%. Five-year CAGR stands at +2.8%.

FY2025 Free Cash Flow$2.04B▲ +47.5% YoY

Trailing 12M (TTM)$2.23Btrailing 4 quarters sum

FCF Margin7.5%$2.04B ÷ revenue

3-Year CAGR-28.9%FY2022 → FY2025

5-Year CAGR+2.8%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

NTR.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$4.08B(2.04B)$2.04B▲ +47.5%7.5%

FY2024$3.54B(2.15B)$1.38B▼ 44.0%5.3%

FY2023$5.07B(2.67B)$2.47B▼ 56.5%8.5%

FY2022$8.11B(2.44B)$5.67B▲ +169.7%15.0%

FY2021$3.89B(1.78B)$2.10B▲ +18.5%7.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

NTR.TO · P/FCF · FCF yield · FCF per share

Nutrien Ltd. (NTR.TO) trades at a FCF yield of 6.89% and a price-to-free-cash-flow ratio of 20.5x. FCF per share stands at $4.59, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

6.89%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$4.59

TTM FCF ÷ Shares Outstanding

Price / FCF

x20.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x20.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

NTR.TO · cash flow statement · operating / investing / financing

For FY2025, Nutrien Ltd. generated $4.08B in operating cash flow and spent 2.04B in capital expenditures, yielding $2.04B in free cash flow.

Operating Activities

+$4.08B

Cash from core business operations

2025-12-31

Investing Activities

−$1.40B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$2.87B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($4.08B) − |CapEx| (2.04B) = FCF ($2.04B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Basic Materials)

NTR.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Nutrien Ltd.YOU

NTR.TO

$2.04B+47.5%7.4%

22%

Southern Copper Corporation

Basic Materials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Nutrien Ltd. (NTR.TO) reported free cash flow of $2.04B for FY2025 (fiscal year ending 2025-12-31), up 47.5% year-over-year. The FCF margin was 7.5%.

Based on available data, Nutrien Ltd. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $5.67B in FY2022. The 5-year CAGR stands at +2.8%.

Nutrien Ltd.'s FCF yield is 6.89% and price-to-FCF ratio is 20.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

NTR.TO free cash flow · 8 questions

Nutrien Ltd. free cash flow was $2.04B for FY2025, up 47.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $2.23B.

NTR.TO free cash flowNTR.TO FCFNTR.TO FCF 2025NTR.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Nutrien Ltd. · Nutrien Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026