Company News

Nutrien reports US$1.2 billion in Q2 profit, down from US$1.3 billion

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Work continues on Nutrien Tower in Saskatoon, Sask., Friday, June 25, 2021. THE CANADIAN PRESS/Liam Richards

SASKATOON — Nutrien Ltd. reported net earnings of US$1.2 billion during the second quarter, lower from US$1.3 billion during the same period last year.

That amounted to diluted net earnings per share of US$2.53, compared with US$2.50 during the prior-year quarter.

On an adjusted basis, the company reported earnings per share of US$2.61, slightly down from US$2.65 per share a year ago.

The Saskatoon-based company, which keeps its books in U.S. dollars, says its sales totalled US$10.8 billion, rising year-over-year from US$10.4 billion.

The company says its net selling price per tonne for all major nitrogen products was higher in the second quarter and first half of the year as commodity prices rose amid the ongoing conflict in the Middle East.

CEO Ken Seitz says the company delivered record potash sales volumes and improved the cost position of its nitrogen assets in a dynamic global operating environment.

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This report by The Canadian Press was first published Aug. 6, 2026.