NTR vs. CF

Last updated Apr 1, 2026

Compare and contrast key facts about Nutrien Ltd. (NTR) and CF Industries Holdings, Inc. (CF).

Performance

NTR vs. CF - Performance Comparison

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

NTR vs. CF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
NTR Nutrien Ltd.	23.15%	43.33%	-16.97%	-20.19%	0.23%	60.78%	5.60%	5.57%	-11.36%
CF CF Industries Holdings, Inc.	68.78%	-7.17%	10.08%	-4.75%	22.29%	87.18%	-15.76%	12.73%	3.67%

Fundamentals

Market Cap NTR : $36.46B CF : $20.27B
EPS NTR : $4.68 CF : $9.09
PE Ratio NTR : 16.14 CF : 14.29
PEG Ratio NTR : 0.24 CF : 0.23
PS Ratio NTR : 1.36 CF : 2.94
PB Ratio NTR : 1.44 CF : 4.19
Total Revenue (TTM) NTR : $26.90B CF : $7.08B
Gross Profit (TTM) NTR : $8.35B CF : $2.92B
EBITDA (TTM) NTR : $5.98B CF : $3.33B

Returns By Period

In the year-to-date period, NTR achieves a 23.15% return, which is significantly lower than CF's 68.78% return.

NTR

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

CF

• 1D: -5.64%
• 1M: 30.44%
• YTD: 68.78%
• 6M: 46.39%
• 1Y: 70.01%
• 3Y*: 24.33%
• 5Y*: 25.78%
• 10Y*: 18.25%

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

Return for Risk

NTR vs. CF — Risk / Return Rank

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

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

CF

CF Risk / Return Rank: 85
CF Sharpe Ratio Rank: 89
CF Sortino Ratio Rank: 87
CF Omega Ratio Rank: 84
CF Calmar Ratio Rank: 85
CF Martin Ratio Rank: 79

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.

NTR vs. CF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nutrien Ltd. (NTR) and CF Industries Holdings, Inc. (CF). 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.

	NTR	CF	Difference
Sharpe ratio Return per unit of total volatility	1.86	1.85	+0.01
Sortino ratio Return per unit of downside risk	2.51	2.48	+0.03
Omega ratio Gain probability vs. loss probability	1.31	1.32	-0.01
Calmar ratio Return relative to maximum drawdown	4.37	2.88	+1.49
Martin ratio Return relative to average drawdown	10.60	5.43	+5.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NTR vs. CF - Sharpe Ratio Comparison

The current NTR Sharpe Ratio is 1.86, which is comparable to the CF Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of NTR and CF, 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

	NTR	CF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	1.85	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.70	-0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.49	-0.26

Correlation

The correlation between NTR and CF is 0.67, 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

NTR vs. CF - Dividend Comparison

NTR's dividend yield for the trailing twelve months is around 2.90%, more than CF's 1.54% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NTR Nutrien Ltd.	2.90%	3.53%	4.83%	3.76%	3.51%	2.45%	3.74%	3.67%	3.47%	0.00%	0.00%	0.00%
CF CF Industries Holdings, Inc.	1.54%	2.59%	2.34%	2.01%	1.76%	1.70%	3.10%	2.51%	2.76%	2.82%	3.81%	2.94%

Drawdowns

NTR vs. CF - Drawdown Comparison

The maximum NTR drawdown since its inception was -57.80%, smaller than the maximum CF drawdown of -76.73%. Use the drawdown chart below to compare losses from any high point for NTR and CF.

Drawdown Indicators

	NTR	CF	Difference
Max Drawdown Largest peak-to-trough decline	-57.80%	-76.73%	+18.93%
Max Drawdown (1Y) Largest decline over 1 year	-13.20%	-24.87%	+11.67%
Max Drawdown (5Y) Largest decline over 5 years	-57.80%	-48.36%	-9.44%
Max Drawdown (10Y) Largest decline over 10 years	—	-60.74%	—
Current Drawdown Current decline from peak	-23.38%	-5.64%	-17.74%
Average Drawdown Average peak-to-trough decline	-26.16%	-25.05%	-1.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.44%	13.21%	-7.77%

Volatility

NTR vs. CF - Volatility Comparison

The current volatility for Nutrien Ltd. (NTR) is 13.72%, while CF Industries Holdings, Inc. (CF) has a volatility of 21.71%. This indicates that NTR experiences smaller price fluctuations and is considered to be less risky than CF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NTR	CF	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.72%	21.71%	-7.99%
Volatility (6M) Calculated over the trailing 6-month period	25.30%	29.72%	-4.42%
Volatility (1Y) Calculated over the trailing 1-year period	31.02%	38.14%	-7.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.98%	37.27%	-3.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.00%	40.30%	-6.30%

Financials

NTR vs. CF - Profitability Comparison

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

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%.

CF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, CF Industries Holdings, Inc. reported a gross profit of 769.00M and revenue of 1.87B. Therefore, the gross margin over that period was 41.1%.

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%.

CF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, CF Industries Holdings, Inc. reported an operating income of 678.00M and revenue of 1.87B, resulting in an operating margin of 36.2%.

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%.

CF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, CF Industries Holdings, Inc. reported a net income of 404.00M and revenue of 1.87B, resulting in a net margin of 21.6%.