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Nutrien vs Cvr Partners: revenue, profit, margins and growth compared

Nutrien brought in $26.9B of revenue in fiscal 2025, Cvr Partners $606M in fiscal 2025. Revenue changed by +3.5% at Nutrien and +15.4% at Cvr Partners on the year before, so Cvr Partners grew faster. Nutrien kept 8.4% of its revenue as net profit, Cvr Partners 16.3%. Free cash flow was $2.1B at Nutrien and $98.8M at Cvr Partners.

Side by side, latest fiscal year

NTRUAN
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$26.9B$606M
Revenue growth+3.5%+15.4%
Net income$2.3B$98.7M
Net margin8.4%16.3%
Free cash flow$2.1B$98.8M
Free cash flow margin7.9%16.3%
Earnings per share (diluted)$4.66$9.33
Cash$701M$69.2M
Debt$9.9B$569.8M
Price to earningsn/a13.2
Market value$34.8B$1.3B
Dividend yieldn/an/a
Rank by revenue in sector#25 of 451 · Industrials#303 of 451 · Industrials

Over the years

Revenue
NTR FY2018: $19.6BNTR FY2019: $20.1BNTR FY2020: $20.9BNTR FY2021: $27.7BNTR FY2022: $37.9BNTR FY2023: $29.1BNTR FY2024: $26BNTR FY2025: $26.9BUAN FY2018: $351.1MUAN FY2019: $404.2MUAN FY2020: $350MUAN FY2021: $532.6MUAN FY2022: $835.6MUAN FY2023: $681.5MUAN FY2024: $525.3MUAN FY2025: $606MFY18FY19FY20FY21FY22FY23FY24FY25
NTR $26.9BUAN $606M
Net income
NTR FY2018: $3.6BNTR FY2019: $992MNTR FY2020: $459MNTR FY2021: $3.2BNTR FY2022: $7.7BNTR FY2023: $1.3BNTR FY2024: $674MNTR FY2025: $2.3BUAN FY2018: -$50MUAN FY2019: -$35MUAN FY2020: -$98.2MUAN FY2021: $78.2MUAN FY2022: $286.8MUAN FY2023: $172.4MUAN FY2024: $60.9MUAN FY2025: $98.7MFY18FY19FY20FY21FY22FY23FY24FY25
NTR $2.3BUAN $98.7M
Net margin
NTR FY2018: 18.2%NTR FY2019: 4.9%NTR FY2020: 2.2%NTR FY2021: 11.4%NTR FY2022: 20.2%NTR FY2023: 4.3%NTR FY2024: 2.6%NTR FY2025: 8.4%UAN FY2018: -14.2%UAN FY2019: -8.7%UAN FY2020: -28.1%UAN FY2021: 14.7%UAN FY2022: 34.3%UAN FY2023: 25.3%UAN FY2024: 11.6%UAN FY2025: 16.3%FY18FY19FY20FY21FY22FY23FY24FY25
NTR 8.4%UAN 16.3%
Revenue growth
NTR FY2019: +2.3%NTR FY2020: +4.1%NTR FY2021: +32.5%NTR FY2022: +36.7%NTR FY2023: -23.3%NTR FY2024: -10.6%NTR FY2025: +3.5%UAN FY2019: +15.1%UAN FY2020: -13.4%UAN FY2021: +52.2%UAN FY2022: +56.9%UAN FY2023: -18.4%UAN FY2024: -22.9%UAN FY2025: +15.4%FY19FY20FY21FY22FY23FY24FY25
NTR +3.5%UAN +15.4%
Free cash flow
NTR FY2018: $647MNTR FY2019: $1.9BNTR FY2020: $1.9BNTR FY2021: $2.1BNTR FY2022: $5.9BNTR FY2023: $2.7BNTR FY2024: $1.5BNTR FY2025: $2.1BUAN FY2018: $12.4MUAN FY2019: $20.5MUAN FY2020: $1.1MUAN FY2021: $168.1MUAN FY2022: $256.8MUAN FY2023: $219.3MUAN FY2024: $113.5MUAN FY2025: $98.8MFY18FY19FY20FY21FY22FY23FY24FY25
NTR $2.1BUAN $98.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Nutrien and Cvr Partners

Which is bigger by revenue, Nutrien or Cvr Partners?

Nutrien is bigger by revenue: $26.9B in fiscal 2025, against $606M for Cvr Partners in fiscal 2025.

Which keeps more of its revenue as profit, Nutrien or Cvr Partners?

Nutrien had a net margin of 8.4% in fiscal 2025; Cvr Partners had 16.3% in fiscal 2025.

Which grew revenue faster, Nutrien or Cvr Partners?

In their latest fiscal years revenue changed by +3.5% at Nutrien and +15.4% at Cvr Partners.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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