Nutrien Debt-to-Equity Ratio Growth & History (NTR)
Nutrien's debt-to-equity ratio was 0.44 for fiscal 2025.
View full Nutrien company overviewNutrien annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.44 | −0.02 | −4.70% |
| 2024 | 2024-12-31 | 0.46 | −0.02 | −3.61% |
| 2023 | 2023-12-31 | 0.48 | 0.04 | +8.65% |
| 2022 | 2022-12-31 | 0.44 | 0.01 | +1.26% |
| 2021 | 2021-12-31 | 0.44 | −0.05 | −10.49% |
| 2020 | 2020-12-31 | 0.49 | 0.06 | +13.95% |
| 2019 | 2019-12-31 | 0.43 | 0.09 | +27.11% |
| 2018 | 2018-12-31 | 0.34 | −0.12 | −25.62% |
| 2017 | 2017-12-31 | 0.45 | — | — |
Nutrien quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.49 | −0.05 | −9.60% |
| Q1 2026 | 2026-03-31 | 0.55 | — | — |
| Q4 2025 | 2025-12-31 | 0.44 | −0.02 | −4.70% |
| Q3 2025 | 2025-09-30 | 0.56 | — | — |
| Q2 2025 | 2025-06-30 | 0.54 | — | — |
| Q4 2024 | 2024-12-31 | 0.46 | −0.02 | −3.61% |
| Q4 2023 | 2023-12-31 | 0.48 | 0.04 | +8.65% |
| Q4 2022 | 2022-12-31 | 0.44 | 0.01 | +1.26% |
| Q4 2021 | 2021-12-31 | 0.44 | −0.05 | −10.49% |
| Q4 2020 | 2020-12-31 | 0.49 | 0.06 | +13.95% |
| Q4 2019 | 2019-12-31 | 0.43 | 0.09 | +27.11% |
| Q4 2018 | 2018-12-31 | 0.34 | — | — |
Nutrien debt-to-equity ratio trends
Over the last five fiscal years, Nutrien's debt-to-equity ratio decreased from 0.49 to 0.44, a change of −0.05. The latest reported quarter, Q2 2026, shows 0.49.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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