Nutrien Ltd. NTR

Competitive advantage analysis · basic-materials

Corporate Default
Overall moat score
66/100
Moderate

About Nutrien Ltd.

Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Nutrien Ag Solutions, Potash, Nitrogen, and Phosphate. The Nutrien Ag Solutions segment distributes crop nutrients, crop protection products, seeds, and merchandise products; product application, soil and leaf testing, crop scouting, precision agriculture, water, and brokerage agency services; and financing solutions. The Potash segment provides granular and standard … Full NTR analysis →

Competitive advantage assessment

Key strengths

  • Margins Stable Across Cycles Operating margin volatility is low (stability score 0.76), demonstrating pricing resilience across cycles.
  • ROIC Sustainably Above Peers ROIC at 75.0th percentile exceeds peers and WACC, demonstrating superior capital allocation.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
72

Where NTR ranks in Agricultural Inputs

Nutrien Ltd. ranks #4 of 16 scored companies in Agricultural Inputs by moat score — the top 25%. The widest moat in the group is Corteva, Inc. (CTVA) at 81/100.

Moat scores for companies ranked near NTR in Agricultural Inputs
# Company Moat score Rating
1 Corteva, Inc. CTVA 81/100 Strong
2 CF Industries Holdings, Inc. CF 74/100 Moderate
3 CVR Partners, LP UAN 68/100 Moderate
4 Nutrien Ltd. NTR 66/100 Moderate
5 Scotts Miracle-Gro Company (The SMG 58/100 Moderate
6 ICL Group Ltd. ICL 51/100 Moderate
7 FMC Corporation FMC 49/100 Developing
8 Mosaic Company (The) MOS 46/100 Developing
9 Bioceres Crop Solutions Corp. BIOX 45/100 Developing

See every General Corporate company ranked by moat score →

How NTR scores on the Corporate Default defenses

Pricing Power

Score 72 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 73 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 54 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 74 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 56 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 60 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding NTR's moat

What is Nutrien Ltd.'s moat score?

Nutrien Ltd. (NTR) scores 66 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #4 of 16 scored companies in Agricultural Inputs, the top 25%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 17 companies in Agricultural Inputs. Its strongest defense is Capital Efficiency (74/100) and its weakest is Customer Stickiness (54/100).

How does Nutrien Ltd. compare with other Agricultural Inputs companies?

Nutrien Ltd. ranks #4 of 16 scored companies in Agricultural Inputs by moat score. The widest moat in Agricultural Inputs is Corteva, Inc. (CTVA) at 81/100. The companies ranked closest are CVR Partners, LP (UAN) at 68 just above it and Scotts Miracle-Gro Company (The (SMG) at 58 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 17 companies in Agricultural Inputs. The defenses are then weighted to produce the overall score out of 100.

Why is Nutrien Ltd. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Nutrien Ltd.?

The Corporate Default template measures 6 defenses, and NTR scores: Pricing Power (72), Cost Advantage (73), Customer Stickiness (54), Capital Efficiency (74), Resilience (56), Scale & Market Position (60). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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