Nutrien Ltd
TSX:NTR
Income Statement
Earnings Waterfall
Nutrien Ltd
Income Statement
Nutrien Ltd
| Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||
| Interest Expense |
489
|
0
|
0
|
0
|
490
|
0
|
0
|
0
|
456
|
0
|
0
|
0
|
479
|
0
|
0
|
0
|
484
|
0
|
0
|
0
|
726
|
0
|
0
|
0
|
683
|
0
|
0
|
0
|
0
|
|
| Revenue |
19 636
N/A
|
19 576
0%
|
20 164
+3%
|
20 343
+1%
|
20 084
-1%
|
20 563
+2%
|
20 286
-1%
|
20 322
+0%
|
20 908
+3%
|
21 380
+2%
|
22 727
+6%
|
24 546
+8%
|
27 712
+13%
|
30 711
+11%
|
35 454
+15%
|
37 618
+6%
|
37 884
+1%
|
36 334
-4%
|
33 482
-8%
|
30 925
-8%
|
29 056
-6%
|
28 338
-2%
|
26 840
-5%
|
26 557
-1%
|
25 972
-2%
|
25 683
-1%
|
25 965
+1%
|
26 624
+3%
|
26 885
+1%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||
| Cost of Revenue |
(14 404)
|
(14 056)
|
(14 463)
|
(14 657)
|
(14 772)
|
(15 151)
|
(15 031)
|
(15 210)
|
(15 755)
|
(15 858)
|
(16 478)
|
(17 129)
|
(18 644)
|
(19 201)
|
(20 827)
|
(21 894)
|
(23 369)
|
(22 254)
|
(22 235)
|
(21 313)
|
(20 861)
|
(20 240)
|
(18 996)
|
(18 840)
|
(18 603)
|
(18 370)
|
(18 389)
|
(18 584)
|
(18 797)
|
|
| Gross Profit |
5 232
N/A
|
5 520
+6%
|
5 701
+3%
|
5 686
0%
|
5 312
-7%
|
5 412
+2%
|
5 255
-3%
|
5 112
-3%
|
5 153
+1%
|
5 522
+7%
|
6 249
+13%
|
7 417
+19%
|
9 068
+22%
|
11 510
+27%
|
14 627
+27%
|
15 724
+7%
|
14 515
-8%
|
14 080
-3%
|
11 247
-20%
|
9 612
-15%
|
8 195
-15%
|
8 098
-1%
|
7 844
-3%
|
7 717
-2%
|
7 369
-5%
|
7 313
-1%
|
7 576
+4%
|
8 040
+6%
|
8 088
+1%
|
|
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Expenses |
(3 006)
|
(3 217)
|
(3 265)
|
(3 251)
|
(3 256)
|
(3 513)
|
(3 472)
|
(3 555)
|
(3 618)
|
(3 757)
|
(4 006)
|
(4 225)
|
(4 213)
|
(4 960)
|
(5 271)
|
(5 616)
|
(4 667)
|
(5 337)
|
(5 022)
|
(4 749)
|
(4 393)
|
(4 885)
|
(4 968)
|
(4 909)
|
(4 420)
|
(4 585)
|
(4 616)
|
(4 678)
|
(4 503)
|
|
| Selling, General & Administrative |
(2 582)
|
(3 188)
|
(3 247)
|
(3 223)
|
(2 653)
|
(3 345)
|
(3 321)
|
(3 395)
|
(2 868)
|
(3 603)
|
(3 797)
|
(4 003)
|
(3 131)
|
(4 687)
|
(5 029)
|
(5 325)
|
(3 286)
|
(5 024)
|
(4 749)
|
(4 495)
|
(3 284)
|
(4 439)
|
(4 527)
|
(4 509)
|
(3 451)
|
(4 496)
|
(4 490)
|
(4 536)
|
(3 442)
|
|
| Depreciation & Amortization |
(294)
|
0
|
0
|
0
|
(384)
|
0
|
0
|
0
|
(449)
|
0
|
0
|
0
|
(712)
|
0
|
0
|
0
|
(768)
|
0
|
0
|
0
|
(780)
|
0
|
0
|
0
|
(782)
|
0
|
0
|
0
|
(747)
|
|
| Other Operating Expenses |
(130)
|
(29)
|
(18)
|
(28)
|
(219)
|
(168)
|
(151)
|
(160)
|
(301)
|
(154)
|
(209)
|
(222)
|
(370)
|
(273)
|
(242)
|
(291)
|
(613)
|
(313)
|
(273)
|
(254)
|
(329)
|
(446)
|
(441)
|
(400)
|
(187)
|
(89)
|
(126)
|
(142)
|
(314)
|
|
| Operating Income |
2 226
N/A
|
2 303
+3%
|
2 436
+6%
|
2 435
0%
|
2 056
-16%
|
1 899
-8%
|
1 783
-6%
|
1 557
-13%
|
1 535
-1%
|
1 765
+15%
|
2 243
+27%
|
3 192
+42%
|
4 855
+52%
|
6 550
+35%
|
9 356
+43%
|
10 108
+8%
|
9 848
-3%
|
8 743
-11%
|
6 225
-29%
|
4 863
-22%
|
3 802
-22%
|
3 213
-15%
|
2 876
-10%
|
2 808
-2%
|
2 949
+5%
|
2 728
-7%
|
2 960
+9%
|
3 362
+14%
|
3 585
+7%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||
| Interest Income Expense |
(462)
|
(531)
|
(520)
|
(536)
|
(461)
|
(509)
|
(535)
|
(512)
|
(400)
|
(475)
|
(455)
|
(437)
|
(424)
|
(538)
|
(498)
|
(461)
|
(224)
|
(353)
|
(490)
|
(690)
|
(681)
|
(858)
|
(1 053)
|
(982)
|
(893)
|
(965)
|
(717)
|
(660)
|
(295)
|
|
| Non-Reccuring Items |
(1 979)
|
(1 957)
|
(1 967)
|
(117)
|
(218)
|
(186)
|
(196)
|
(1 025)
|
(707)
|
(699)
|
(703)
|
116
|
(263)
|
(112)
|
363
|
709
|
726
|
735
|
(501)
|
(830)
|
(1 067)
|
(932)
|
(642)
|
(812)
|
(855)
|
(820)
|
(355)
|
(189)
|
(178)
|
|
| Total Other Income |
91
|
157
|
157
|
6
|
(69)
|
0
|
0
|
0
|
(46)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(104)
|
0
|
0
|
0
|
(102)
|
0
|
0
|
0
|
(65)
|
0
|
0
|
0
|
(63)
|
|
| Pre-Tax Income |
(124)
N/A
|
(28)
+77%
|
106
N/A
|
1 788
+1 587%
|
1 308
-27%
|
1 204
-8%
|
1 052
-13%
|
20
-98%
|
382
+1 810%
|
591
+55%
|
1 085
+84%
|
2 871
+165%
|
4 168
+45%
|
5 900
+42%
|
9 221
+56%
|
10 356
+12%
|
10 246
-1%
|
9 125
-11%
|
5 234
-43%
|
3 343
-36%
|
1 952
-42%
|
1 423
-27%
|
1 181
-17%
|
1 014
-14%
|
1 136
+12%
|
943
-17%
|
1 888
+100%
|
2 513
+33%
|
3 049
+21%
|
|
| Net Income | ||||||||||||||||||||||||||||||
| Tax Provision |
93
|
39
|
22
|
(452)
|
(316)
|
(288)
|
(229)
|
75
|
77
|
36
|
(110)
|
(583)
|
(989)
|
(1 469)
|
(2 302)
|
(2 580)
|
(2 559)
|
(2 247)
|
(1 509)
|
(1 119)
|
(670)
|
(552)
|
(366)
|
(256)
|
(436)
|
(389)
|
(497)
|
(678)
|
(752)
|
|
| Income from Continuing Operations |
(31)
|
11
|
128
|
1 336
|
992
|
916
|
823
|
95
|
459
|
627
|
975
|
2 288
|
3 179
|
4 431
|
6 919
|
7 776
|
7 687
|
6 878
|
3 725
|
2 224
|
1 282
|
871
|
815
|
758
|
700
|
554
|
1 391
|
1 835
|
2 297
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(11)
|
(20)
|
(26)
|
(27)
|
(30)
|
(27)
|
(27)
|
(25)
|
(25)
|
(26)
|
(24)
|
(26)
|
(25)
|
(25)
|
(26)
|
(27)
|
(28)
|
(26)
|
(30)
|
|
| Net Income (Common) |
3 573
N/A
|
3 615
+1%
|
3 057
-15%
|
4 242
+39%
|
992
-77%
|
916
-8%
|
823
-10%
|
95
-88%
|
459
+383%
|
621
+35%
|
964
+55%
|
2 268
+135%
|
3 153
+39%
|
4 404
+40%
|
6 889
+56%
|
7 749
+12%
|
7 660
-1%
|
6 853
-11%
|
3 700
-46%
|
2 198
-41%
|
1 258
-43%
|
845
-33%
|
790
-7%
|
733
-7%
|
674
-8%
|
527
-22%
|
1 363
+159%
|
1 809
+33%
|
2 267
+25%
|
|
| EPS (Diluted) |
5.71
N/A
|
5.99
+5%
|
5.24
-13%
|
7.39
+41%
|
1.7
-77%
|
1.6
-6%
|
1.45
-9%
|
0.17
-88%
|
0.81
+376%
|
1.09
+35%
|
1.69
+55%
|
3.97
+135%
|
5.52
+39%
|
7.94
+44%
|
12.48
+57%
|
14.45
+16%
|
14.18
-2%
|
13.64
-4%
|
7.46
-45%
|
4.43
-41%
|
2.53
-43%
|
1.71
-32%
|
1.6
-6%
|
1.48
-8%
|
1.36
-8%
|
1.07
-21%
|
2.79
+161%
|
3.71
+33%
|
4.66
+26%
|
|