Nutrien (NTR) Gross Margin (2016 - 2026)
Nutrien (NTR) recorded quarterly Gross Margin of 27.22% in Q1 2026, down 23.0% quarter-over-quarter from 35.36% in Q4 2025, and up 134.0% on a YoY basis from 11.63% in Q1 2025.
Nutrien (NTR) Gross Margin (2016 - 2026) Analysis & Trends
Nutrien's Gross Margin history runs 11 years deep, the most recent figure standing at 27.22% for Q1 2026.
- In Q1 2026, Gross Margin rose 134.0% year-over-year to 27.22%; the TTM figure through Mar 2026 stood at 31.16% (up 269.0% YoY), while the FY2025 annual figure was 32.17%, up 207.0% from the prior year.
- Gross Margin was 27.22% for Q1 2026 at Nutrien, down from 35.36% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 42.54% in Q1 2022 to a low of 25.88% in Q1 2025.
- Historically, Gross Margin has averaged 32.29% across 5 years, with a median of 31.13% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin surged 1772 bps in 2022, then slumped 1419 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 38.58% in 2022, then retreated by 19 bps to 31.21% in 2023, then decreased by 0 bps to 31.13% in 2024, then grew by 14 bps to 35.36% in 2025, then dropped by 23 bps to 27.22% in 2026.
- The last three Gross Margin figures came in at 27.22% (Q1 2026), 35.36% (Q4 2025), and 32.7% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nutrien | 32,340,670.53 Bn | 32,340,669.70 Bn | 1.65 Bn | 27.22% |
| 2 | Corteva | 52.38 Bn | 48.09 Bn | 1.66 Bn | 42.35% |
| 3 | CF Industries Holdings | 17.50 Bn | 18.37 Bn | 746.00 Mn | 37.56% |
| 4 | Mosaic | 7.06 Bn | 6.93 Bn | 235.60 Mn | 7.86% |
| 5 | Scotts Miracle-Gro | 3.34 Bn | 3.34 Bn | 610.50 Mn | 41.83% |
| 6 | Fmc | 1.46 Bn | 1.10 Bn | 246.60 Mn | 32.51% |
| 7 | Cvr Partners | 1.25 Bn | 1.13 Bn | 116.84 Mn | 64.90% |
| 8 | Intrepid Potash | 459.41 Mn | 453.51 Mn | 17.67 Mn | 17.91% |
| 9 | American Vanguard | 76.21 Mn | 5.29 Mn | 38.42 Mn | 31.09% |
| 10 | Bioceres Crop Solutions | 26.72 Mn | 40.72 Mn | 12.70 Mn | 33.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.22% |
| Dec 31, 2025 | 35.36% |
| Sep 30, 2025 | 32.70% |
| Jun 30, 2025 | 30.42% |
| Mar 31, 2025 | 25.88% |
| Dec 31, 2024 | 31.13% |
| Sep 30, 2024 | 28.05% |
| Jun 30, 2024 | 28.67% |
| Mar 31, 2024 | 28.52% |
| Dec 31, 2023 | 31.21% |
| Sep 30, 2023 | 28.89% |
| Jun 30, 2023 | 27.17% |
| Mar 31, 2023 | 31.32% |
| Dec 31, 2022 | 38.58% |
| Sep 30, 2022 | 39.84% |
| Jun 30, 2022 | 41.36% |
| Mar 31, 2022 | 42.54% |
| Dec 31, 2021 | 44.12% |
| Sep 30, 2021 | 35.94% |
| Jun 30, 2021 | 29.52% |