Nutrien Historical Income Statement
NTR Stock | CAD 65.40 0.04 0.06% |
Historical analysis of Nutrien income statement accounts such as Total Revenue of 29.5 B can show how well Nutrien performed in making a profits. Evaluating Nutrien income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nutrien's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Nutrien latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nutrien is a good buy for the upcoming year.
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About Nutrien Income Statement Analysis
Nutrien Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Nutrien shareholders. The income statement also shows Nutrien investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Nutrien Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Nutrien generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Nutrien minus its cost of goods sold. It is profit before Nutrien operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from Nutrien operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Nutrien is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Nutrien's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nutrien current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutrien. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.At this time, Nutrien's Operating Income is very stable compared to the past year. As of the 30th of November 2024, EBITDA is likely to grow to about 5.1 B, while EBIT is likely to drop about 1.6 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 9.4B | 15.4B | 8.5B | 8.9B | Total Revenue | 27.7B | 37.9B | 28.1B | 29.5B |
Nutrien income statement Correlations
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Nutrien Account Relationship Matchups
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High Negative Relationship
Nutrien income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.8B | 2.0B | 2.0B | 2.0B | 2.2B | 2.3B | |
Interest Expense | 505M | 520M | 488M | 492M | 764M | 802.2M | |
Selling General Administrative | 508M | 498M | 675M | 657M | 667M | 700.4M | |
Total Revenue | 20.0B | 20.9B | 27.7B | 37.9B | 28.1B | 29.5B | |
Gross Profit | 5.4B | 5.2B | 9.4B | 15.4B | 8.5B | 8.9B | |
Other Operating Expenses | 17.9B | 19.2B | 22.6B | 27.7B | 23.7B | 24.9B | |
Operating Income | 1.9B | 1.6B | 4.8B | 10.8B | 4.3B | 4.6B | |
Ebit | 1.9B | 903M | 4.6B | 10.1B | 2.7B | 1.6B | |
Ebitda | 3.7B | 2.9B | 6.6B | 12.1B | 4.9B | 5.1B | |
Cost Of Revenue | 14.6B | 15.7B | 18.3B | 22.5B | 19.6B | 20.6B | |
Total Operating Expenses | 3.4B | 3.5B | 4.3B | 5.2B | 4.1B | 4.3B | |
Income Before Tax | 1.3B | 382M | 4.2B | 10.2B | 2.0B | 1.4B | |
Total Other Income Expense Net | (1.2B) | (1.2B) | (613M) | (563M) | (2.4B) | (2.3B) | |
Net Income | 992M | 459M | 3.2B | 7.7B | 1.3B | 1.1B | |
Income Tax Expense | 316M | (77M) | 989M | 2.6B | 670M | 339.4M | |
Selling And Marketing Expenses | 2.5B | 2.8B | 3.1B | 3.4B | 3.4B | 2.2B | |
Net Income From Continuing Ops | 992M | 459M | 3.2B | 7.7B | 1.3B | 1.8B | |
Net Income Applicable To Common Shares | 992M | 459M | 3.2B | 7.7B | 8.8B | 9.2B | |
Tax Provision | 316M | (77M) | 989M | 2.6B | 670M | 608.7M | |
Net Interest Income | (554M) | (520M) | (613M) | (563M) | (793M) | (832.7M) | |
Interest Income | 485M | 520M | 613M | 459M | 35M | 33.3M | |
Reconciled Depreciation | 1.8B | 2.0B | 2.0B | 2.0B | 2.2B | 1.9B | |
Research Development | 15M | 39M | 69M | 122M | 114M | 67.1M |
Pair Trading with Nutrien
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nutrien position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nutrien will appreciate offsetting losses from the drop in the long position's value.Moving together with Nutrien Stock
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0.73 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to Nutrien could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nutrien when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nutrien - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nutrien to buy it.
The correlation of Nutrien is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nutrien moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nutrien moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nutrien can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutrien. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.