IPI vs. NTR

Last updated Apr 1, 2026

Compare and contrast key facts about Intrepid Potash, Inc. (IPI) and Nutrien Ltd. (NTR).

Performance

IPI vs. NTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Intrepid Potash, Inc. (IPI) and Nutrien Ltd. (NTR). The values are adjusted to include any dividend payments, if applicable.

IPI vs. NTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IPI Intrepid Potash, Inc.	54.24%	26.51%	-8.25%	-17.25%	-32.44%	76.94%	-10.89%	4.23%	-44.33%
NTR Nutrien Ltd.	23.15%	43.33%	-16.97%	-20.19%	0.23%	60.78%	5.60%	5.57%	-11.36%

Fundamentals

Market Cap IPI : $561.21M NTR : $36.46B
EPS IPI : $0.85 NTR : $4.68
PE Ratio IPI : 50.27 NTR : 16.14
PEG Ratio IPI : 0.13 NTR : 0.24
PS Ratio IPI : 1.88 NTR : 1.36
PB Ratio IPI : 1.14 NTR : 1.44
Total Revenue (TTM) IPI : $298.33M NTR : $26.90B
Gross Profit (TTM) IPI : $54.82M NTR : $8.35B
EBITDA (TTM) IPI : $41.27M NTR : $5.98B

Returns By Period

In the year-to-date period, IPI achieves a 54.24% return, which is significantly higher than NTR's 23.15% return.

IPI

• 1D: -2.95%
• 1M: 15.69%
• YTD: 54.24%
• 6M: 39.86%
• 1Y: 45.53%
• 3Y*: 15.72%
• 5Y*: 5.41%
• 10Y*: 14.04%

NTR

• 1D: -0.71%
• 1M: 1.25%
• YTD: 23.15%
• 6M: 30.60%
• 1Y: 57.29%
• 3Y*: 4.71%
• 5Y*: 10.56%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

IPI vs. NTR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IPI

IPI Risk / Return Rank: 67
IPI Sharpe Ratio Rank: 70
IPI Sortino Ratio Rank: 70
IPI Omega Ratio Rank: 65
IPI Calmar Ratio Rank: 66
IPI Martin Ratio Rank: 63

NTR

NTR Risk / Return Rank: 88
NTR Sharpe Ratio Rank: 90
NTR Sortino Ratio Rank: 87
NTR Omega Ratio Rank: 84
NTR Calmar Ratio Rank: 92
NTR Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IPI vs. NTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Intrepid Potash, Inc. (IPI) and Nutrien Ltd. (NTR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	IPI	NTR	Difference
Sharpe ratio Return per unit of total volatility	0.82	1.86	-1.04
Sortino ratio Return per unit of downside risk	1.54	2.51	-0.98
Omega ratio Gain probability vs. loss probability	1.18	1.31	-0.13
Calmar ratio Return relative to maximum drawdown	1.18	4.37	-3.19
Martin ratio Return relative to average drawdown	2.22	10.60	-8.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IPI vs. NTR - Sharpe Ratio Comparison

The current IPI Sharpe Ratio is 0.82, which is lower than the NTR Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of IPI and NTR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IPI	NTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	1.86	-1.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	0.31	-0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.19	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.18	0.23	-0.41

Correlation

The correlation between IPI and NTR is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IPI vs. NTR - Dividend Comparison

IPI has not paid dividends to shareholders, while NTR's dividend yield for the trailing twelve months is around 2.90%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IPI Intrepid Potash, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NTR Nutrien Ltd.	2.90%	3.53%	4.83%	3.76%	3.51%	2.45%	3.74%	3.67%	3.47%

Drawdowns

IPI vs. NTR - Drawdown Comparison

The maximum IPI drawdown since its inception was -99.06%, which is greater than NTR's maximum drawdown of -57.80%. Use the drawdown chart below to compare losses from any high point for IPI and NTR.

Drawdown Indicators

	IPI	NTR	Difference
Max Drawdown Largest peak-to-trough decline	-99.06%	-57.80%	-41.26%
Max Drawdown (1Y) Largest decline over 1 year	-38.52%	-13.20%	-25.32%
Max Drawdown (5Y) Largest decline over 5 years	-85.29%	-57.80%	-27.49%
Max Drawdown (10Y) Largest decline over 10 years	-86.14%	—	—
Current Drawdown Current decline from peak	-93.96%	-23.38%	-70.58%
Average Drawdown Average peak-to-trough decline	-84.02%	-26.16%	-57.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.50%	5.44%	+15.06%

Volatility

IPI vs. NTR - Volatility Comparison

Intrepid Potash, Inc. (IPI) has a higher volatility of 27.15% compared to Nutrien Ltd. (NTR) at 13.72%. This indicates that IPI's price experiences larger fluctuations and is considered to be riskier than NTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IPI	NTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.15%	13.72%	+13.43%
Volatility (6M) Calculated over the trailing 6-month period	41.18%	25.30%	+15.88%
Volatility (1Y) Calculated over the trailing 1-year period	55.99%	31.02%	+24.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.00%	33.98%	+27.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.24%	34.00%	+38.24%

Financials

IPI vs. NTR - Profitability Comparison

The chart below illustrates the profitability comparison between Intrepid Potash, Inc. and Nutrien Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

IPI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Intrepid Potash, Inc. reported a gross profit of 16.01M and revenue of 75.88M. Therefore, the gross margin over that period was 21.1%.

NTR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Nutrien Ltd. reported a gross profit of 1.92B and revenue of 5.42B. Therefore, the gross margin over that period was 35.4%.

IPI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Intrepid Potash, Inc. reported an operating income of -14.02M and revenue of 75.88M, resulting in an operating margin of -18.5%.

NTR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Nutrien Ltd. reported an operating income of 800.11M and revenue of 5.42B, resulting in an operating margin of 14.8%.

IPI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Intrepid Potash, Inc. reported a net income of -429.00K and revenue of 75.88M, resulting in a net margin of -0.6%.

NTR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Nutrien Ltd. reported a net income of 579.78M and revenue of 5.42B, resulting in a net margin of 10.7%.