Nutrien Ltd
TSX:NTR

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Nutrien Ltd
TSX:NTR
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Price: 86.46 CAD 2.95% Market Closed
Market Cap: 41.8B CAD

Nutrien Ltd
Investor Relations

Nutrien Ltd. stands as a giant in the world of agriculture, crafting its story through the merger of two key Canadian agricultural players, Agrium and PotashCorp, in 2018. This fusion has forged a company that not only dominates the fertilizer sector but also commands a significant presence in the global agricultural supply chain. Nutrien operates primarily through its retail division and its production of potash, nitrogen, and phosphate - essential components for modern farming. With an extensive network of over 2,000 retail locations, Nutrien Retail supplies everything from seeds and crop protection products to digital farming solutions that enhance agricultural efficiency and productivity. This comprehensive approach ensures that Nutrien maintains a close connection with farmers, understanding their needs and tailoring solutions that contribute to increased crop yields.

On the production front, Nutrien secures its spot as a top producer of vital nutrients, particularly potash, with its rich deposits from Saskatchewan providing a strategic advantage. The company mines and processes potash, nitrogen, and phosphate, commodity fertilizers integral to global food production. These products are then distributed globally, addressing the needs of diverse agricultural markets. By leveraging economies of scale and a vertically integrated business model, Nutrien ensures cost efficiencies and a stable supply chain, positioning itself to capitalize on fluctuations in agricultural cycles. This dual focus on retail and production allows Nutrien to make its mark in the agricultural sector, balancing between the needs of farmers on the ground and the demands of a global food market in need of sustainable and reliable nutrient sources.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 6, 2025
AI Summary
Q3 2025

Strong EBITDA Growth: Adjusted EBITDA rose 42% year-over-year to $1.4 billion in Q3, driven by record fertilizer volumes and improved retail performance.

Potash Guidance Raised: Full-year potash sales volume guidance was raised to 14–14.5 million tonnes, reflecting strong offshore demand.

Retail Stability: Retail adjusted EBITDA guidance was narrowed to $1.68–$1.82 billion, highlighting business stability and effective cost management.

Cost Reductions: $200 million cost reduction target was achieved one year ahead of schedule, with SG&A expenses down 5% year-to-date.

Portfolio Simplification: Completed or agreed divestitures of noncore assets, including Sinofert and Profertil, expected to generate $900 million in proceeds.

Trinidad Shutdown: Controlled shutdown of Trinidad Nitrogen operations due to gas and port access issues; impact on free cash flow is less than 1%.

Shareholder Returns: $1.2 billion allocated to dividends and buybacks in the first 9 months, up 42% from the prior year.

Constructive Market Outlook: Management remains optimistic on fertilizer demand and pricing, with global potash shipments forecast to grow again in 2026.

Key Financials
Adjusted EBITDA
$1.4 billion
Potash Adjusted EBITDA
$733 million
Year-to-date controllable cash cost of product manufactured (Potash)
$57 per tonne
Potash Sales Volume Guidance
14–14.5 million tonnes
Nitrogen Adjusted EBITDA
$556 million
Nitrogen Sales Volume Guidance
10.7–11 million tonnes
Phosphate Adjusted EBITDA
$122 million
Phosphate Operating Rate
88%
Retail Adjusted EBITDA
$230 million in Q3
Retail Adjusted EBITDA Full Year Guidance
$1.68–$1.82 billion
SG&A Expenses
5% reduction year-to-date
Capital Expenditures
10% reduction year-to-date
Cash Returned to Shareholders
$1.2 billion (first 9 months)
Share Buyback Rate
$45 million per month (first 9 months)
Divestiture Proceeds
$900 million expected
Earnings Call Recording
Other Earnings Calls

Management

Mr. Kenneth A. Seitz
President, CEO & Director
No Bio Available
Ms. Noralee M. Bradley LLB.
Executive VP of External Affairs and Chief Sustainability & Legal Officer
No Bio Available
Mr. Pedro Farah
Advisor
No Bio Available
Mr. Jeffrey Martin Tarsi
Executive VP & President of Global Retail
No Bio Available
Mr. Christopher Pringle Reynolds
Executive VP & President of Potash
No Bio Available
Mr. Mark Thompson
Executive VP, Chief Commercial Officer & CFO
No Bio Available
Mr. Jeff Holzman
Vice President of Investor Relations
No Bio Available
Megan Fielding
VP of Brand & Culture Communications
No Bio Available
Mr. Andrew J. Kelemen
Executive VP of Corporate Development & Chief Strategy Officer
No Bio Available
Ms. Sarah J. Walters
Executive VP & Chief People Officer
No Bio Available

Contacts

Address
SASKATCHEWAN
Saskatoon
211 19Th Street East, Suite 1700
Contacts
+13069338500.0
www.nutrien.com