Nutrien (LTS:0NHS) Return-on-Tangible-Asset: 1.33% (As of Mar. 2026) — 58% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0NHS Nutrien Ltd LTS:0NHS
69 GF Score
Price $70.27
GF Value $54.70
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nutrien Return-on-Tangible-Asset?

Nutrien LTS:0NHS +1.63% 69 Return-on-Tangible-Asset is 1.33% as of Mar. 2026, which is 58% below its 10-year median of 3.13. GuruFocus rates LTS:0NHS with a GF Score™ of 69/100 and a GF Value™ of $54.70 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 260 Agriculture companies, Nutrien ranks better than 66.92% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Nutrien's annualized Net Income for the quarter that ended in Mar. 2026 was $524 Mil. Nutrien's average total tangible assets for the quarter that ended in Mar. 2026 was $39,312 Mil. Therefore, Nutrien's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.33%.

The historical rank and industry rank for Nutrien's Return-on-Tangible-Asset or its related term are showing as below:

LTS:0NHS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.39   Med: 3.13   Max: 20.91
Current: 6.05

During the past 13 years, Nutrien's highest Return-on-Tangible-Asset was 20.91%. The lowest was 1.39%. And the median was 3.13%.

LTS:0NHS's Return-on-Tangible-Asset is ranked better than
66.92% of 260 companies
in the Agriculture industry
Industry Median: 3.44 vs LTS:0NHS: 6.05

Nutrien  (LTS:0NHS) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Nutrien Return-on-Tangible-Asset Related Terms


Nutrien Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Nutrien's Return-on-Tangible-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nutrien Return-on-Tangible-Asset Chart

Nutrien Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.27 20.34 3.21 1.76 5.93

Nutrien Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 12.43 4.80 5.97 1.33

LTS:0NHS vs CTVA, CF, MOS: Return-on-Tangible-Asset Comparison

For the Agricultural Inputs subindustry, Nutrien's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nutrien Return-on-Tangible-Asset vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Nutrien's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Nutrien's Return-on-Tangible-Asset falls into.


LTS:0NHS
69GF Score
Nutrien Ltd LTS:0NHS
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nutrien Return-on-Tangible-Asset Calculation

Nutrien's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=2267/( (37978+38498)/ 2 )
=2267/38238
=5.93 %

Nutrien's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=524/( (38498+40126)/ 2 )
=524/39312
=1.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 1.33% mean?
Nutrien (LTS:0NHS) has a Return-on-Tangible-Asset of 1.33% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nutrien and its competitors. This is 58% below median its historical median of 3.13. Over the past decade, Nutrien's Return-on-Tangible-Asset has ranged from 1.39 to 20.91. According to the industry distribution chart, Nutrien ranks #86 out of 260 companies in the Agriculture industry, placing it in the top 33.1%.
Is Nutrien's Return-on-Tangible-Asset too high?
Nutrien's current Return-on-Tangible-Asset of 1.33% is 58% below median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 20.91. The Agriculture industry median Return-on-Tangible-Asset is 3.44. Nutrien's value of 1.33% is 61.3% below this industry median. Based on the distribution chart, Nutrien ranks #86 out of 260 companies in the Agriculture industry, which is above the industry midpoint. Overall, Nutrien has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nutrien's Return-on-Tangible-Asset compare to CTVA and CF?
According to the Agriculture industry distribution chart, Nutrien ranks #86 out of 260 companies for Return-on-Tangible-Asset. This puts Nutrien in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.44. Nutrien's value of 1.33% is 61.3% below this benchmark. Historically, Nutrien's own Return-on-Tangible-Asset has ranged from 1.39 to 20.91 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 3.44, Nutrien has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Agriculture company?
The median Return-on-Tangible-Asset among Agriculture companies is 3.44, based on 260 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nutrien's current Return-on-Tangible-Asset of 1.33% is 61.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nutrien and its competitors. For the Agriculture industry, the median Return-on-Tangible-Asset is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nutrien's current Return-on-Tangible-Asset is 1.33%, which is 58% below median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nutrien stock overvalued right now?
Based on GuruFocus' analysis, Nutrien (LTS:0NHS) is currently considered Modestly Overvalued. The stock's GF Value™ is $54.70, compared to a current price of $70.27 — trading 28.5% above its estimated fair value. The current Return-on-Tangible-Asset is 1.33%, which is 58% below median its 10-year median of 3.13 and 61.3% below the Agriculture industry median of 3.44. Nutrien's overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Nutrien (LTS:0NHS), the current Return-on-Tangible-Asset is 1.33% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nutrien (LTS:0NHS) Overvalued in 2026?

Based on GuruFocus' analysis, Nutrien stock appears to be overvalued. The current stock price of $70.27 is trading 28.5% above its estimated GF Value™ of $54.70. GuruFocus considers Nutrien to be Modestly Overvalued.

Key valuation signals for LTS:0NHS:

  • Return-on-Tangible-Asset: 1.33% (58% below median its 10-year median of 3.13)
  • GF Value™: $54.70 vs. price of $70.27 (28.5% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 61.3% below the Agriculture median (#86 of 260)

No single metric tells the full story. See the LTS:0NHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nutrien Business Description

Address 211 19th Street East, Suite 1700, Saskatoon, SK, CAN, S7K 5R6
Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients—nitrogen, potash, and phosphate—although its main focus is potash, where it is the global leader in installed capacity with a roughly 20% market share. The company is also the largest agricultural retailer in North America and Australia, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.
69GF Score

Get the complete analysis for LTS:0NHS

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$70.27
Price
$54.70
GF Value