Nutrien Historical Income Statement

NTR Stock  CAD 64.55  0.90  1.38%   
Historical analysis of Nutrien income statement accounts such as Total Revenue of 30.5 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.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
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.

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

At this time, Nutrien's Operating Income is very stable compared to the past year. As of the 27th of November 2024, EBIT is likely to grow to about 4 B, while Income Before Tax is likely to drop about 1.4 B.

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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nutrien. It is also known as Nutrien overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 27th of November 2024, EBIT is likely to grow to about 4 B, while Income Before Tax is likely to drop about 1.4 B.
 2021 2022 2023 2024 (projected)
Gross Profit9.4B15.4B8.5B8.9B
Total Revenue27.7B37.9B29.1B30.5B

Nutrien income statement Correlations

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Click cells to compare fundamentals

Nutrien Account Relationship Matchups

Nutrien income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.8B2.0B2.0B2.0B2.2B2.3B
Interest Expense505M520M488M492M764M802.2M
Selling General Administrative508M498M675M657M667M700.4M
Total Revenue20.0B20.9B27.7B37.9B29.1B30.5B
Gross Profit5.4B5.2B9.4B15.4B8.5B8.9B
Other Operating Expenses17.9B19.2B22.6B27.7B25.2B26.5B
Operating Income1.9B1.6B4.8B10.8B3.8B4.0B
Ebit2.1B1.6B5.0B10.1B3.8B4.0B
Ebitda3.9B3.6B6.9B12.1B5.9B6.2B
Cost Of Revenue14.6B15.7B18.3B22.5B20.6B21.6B
Total Operating Expenses3.4B3.5B4.3B5.2B4.6B4.8B
Income Before Tax1.3B382M4.2B10.2B2.0B1.4B
Total Other Income Expense Net(554M)(1.2B)(613M)(563M)(1.1B)(1.1B)
Net Income992M459M3.2B7.7B1.3B1.1B
Income Tax Expense316M(77M)989M2.6B670M339.4M
Selling And Marketing Expenses2.5B2.8B3.1B3.4B3.4B2.2B
Net Income From Continuing Ops992M459M3.2B7.7B1.3B1.8B
Net Income Applicable To Common Shares992M459M3.2B7.7B8.8B9.2B
Tax Provision316M(77M)989M2.6B670M608.7M
Net Interest Income(554M)(520M)(613M)(563M)(793M)(832.7M)
Interest Income485M520M613M459M35M33.3M
Reconciled Depreciation1.8B2.0B2.0B2.0B2.2B1.9B
Research Development15M39M69M122M114M67.1M

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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Moving against Nutrien Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Nutrien is a strong investment it is important to analyze Nutrien's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nutrien's future performance. For an informed investment choice regarding Nutrien Stock, refer to the following important reports:
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Please note, there is a significant difference between Nutrien's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutrien is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutrien's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.