NTR vs. SUZ: Nutrien vs. Suzano Stock Comparison

November 11, 2026

How do Nutrien (NTR) and Suzano (SUZ) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Nutrien (NTR) and Suzano (SUZ) both fall under the Materials industry group, but NTR is classified in Chemicals while SUZ is classified in Paper & Forest Products.

Nutrien (NTR) trades as ordinary local shares, while Suzano (SUZ) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Nutrien (NTR) and Suzano (SUZ)
Profile Item	NTR	SUZ
Name	Nutrien Ltd.	Suzano S.A. - Sponsored ADR
Country/Region	Canada	Brazil
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Chemicals	Paper & Forest Products
GICS Sub-Industry	Fertilizers & Agricultural Chemicals	Paper Products
Market Capitalization	33.89 billion USD	11.90 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 2, 2018	November 4, 2008
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

NTR

SUZ

GSPC

Nutrien (NTR) vs. Suzano (SUZ), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Nutrien (NTR) and Suzano (SUZ). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Nutrien (NTR) and Suzano (SUZ). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Nutrien (NTR) and Suzano (SUZ)
Metric	NTR	SUZ
Total Return (1Y)	30.80%	9.33%
Total Return (3Y, Annualized)	13.84%	-1.70%
Total Return (5Y, Annualized)	4.29%	4.04%

Risk Profile

Drawdown History

NTR

SUZ

GSPC

Nutrien (NTR) vs. Suzano (SUZ), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Nutrien (NTR) and Suzano (SUZ). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Nutrien (NTR) and Suzano (SUZ)
Metric	NTR	SUZ
Volatility (1Y, Annualized)	32.77%	30.42%
Beta (5Y)	0.64	0.56
Max Drawdown (5Y)	-58.17%	-38.50%
Avg. Volume (3M)	2.56M	3.57M

Risk-Adjusted Performance

Risk-Return Positioning

NTR and SUZ are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Nutrien (NTR) and Suzano (SUZ)
Metric	NTR	SUZ
Sharpe Ratio (1Y)	0.81	0.17
Sortino Ratio (1Y)	1.18	0.26

Profitability

ROE (TTM)

Both Nutrien (NTR) at 8.76% and Suzano (SUZ) at 16.20% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

NTR

Materials industry group

8.76%

Max: 52.88%
Q3: 19.49%
NTR: 8.76%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

SUZ

Materials industry group

16.20%

Max: 52.88%
Q3: 19.49%
SUZ: 16.20%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

Nutrien (NTR) vs. Suzano (SUZ): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Both Nutrien (NTR) at 8.04% and Suzano (SUZ) at 15.94% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

NTR

Materials industry group

8.04%

Max: 38.66%
Q3: 15.98%
NTR: 8.04%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

SUZ

Materials industry group

15.94%

Max: 38.66%
Q3: 15.98%
SUZ: 15.94%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

Nutrien (NTR) vs. Suzano (SUZ): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both Nutrien (NTR) at 10.97% and Suzano (SUZ) at 9.76% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

NTR

Materials industry group

10.97%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
NTR: 10.97%
Q1: 3.28%
Min: -14.07%

SUZ

Materials industry group

9.76%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
SUZ: 9.76%
Q1: 3.28%
Min: -14.07%

Nutrien (NTR) vs. Suzano (SUZ): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Nutrien (NTR) and Suzano (SUZ)
Metric	NTR	SUZ
ROE (TTM)	8.76%	16.20%
ROA (TTM)	4.24%	2.54%
Net Margin (TTM)	8.04%	15.94%
Operating Margin (TTM)	10.97%	9.76%
Gross Margin (TTM)	31.60%	26.68%

Growth

Revenue Growth

Both Nutrien (NTR) at 3.52% and Suzano (SUZ) at 5.72% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Nutrien (NTR) vs. Suzano (SUZ): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Nutrien (NTR) reports EPS growth of 242.65%, ranked against its industry; Suzano (SUZ) has no EPS growth figure this period.

Nutrien (NTR) vs. Suzano (SUZ): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Nutrien (NTR) and Suzano (SUZ)
Metric	NTR	SUZ
Revenue Growth (YoY)	3.52%	5.72%
Revenue Growth (3Y CAGR)	-10.80%	0.19%
EPS Growth (YoY)	242.65%	--
EPS Growth (3Y CAGR)	-30.99%	-14.94%

Financial Strength

Current Ratio (MRQ)

Suzano (SUZ) at 2.54 keeps current ratio within its industry’s typical mid-range, while Nutrien (NTR) at 1.41 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for NTR.

NTR

Materials industry group

1.41

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
NTR: 1.41
Min: 0.16

SUZ

Materials industry group

2.54

Max: 5.96
Q3: 3.30
SUZ: 2.54
Median: 2.24
Q1: 1.45
Min: 0.16

Nutrien (NTR) vs. Suzano (SUZ): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Nutrien (NTR) at 0.55 carries an industry-typical debt-to-equity mix, while Suzano (SUZ) at 1.83 uses more debt funding than most peers.

NTR

Materials industry group

0.55

Max: 1.98
Q3: 0.89
NTR: 0.55
Median: 0.47
Q1: 0.13
Min: 0.00

SUZ

Materials industry group

1.83

Max: 1.98
SUZ: 1.83
Q3: 0.89
Median: 0.47
Q1: 0.13
Min: 0.00

Nutrien (NTR) vs. Suzano (SUZ): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Nutrien (NTR) and Suzano (SUZ)
Metric	NTR	SUZ
Current Ratio (MRQ)	1.41	2.54
Debt / Equity (MRQ)	0.55	1.83
Net Debt / EBITDA	2.38	4.28

Dividends

Dividend Yield (TTM)

Nutrien (NTR) at 3.03% delivers top-quartile income for its industry, while Suzano (SUZ) at 0.05% pays a more typical yield — both are credible income propositions, NTR the richer one.

NTR

Materials industry group

3.03%

Max: 4.52%
NTR: 3.03%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

SUZ

Materials industry group

0.05%

Max: 4.52%
Q3: 1.85%
Median: 0.38%
SUZ: 0.05%
Q1: 0.00%
Min: 0.00%

Nutrien (NTR) vs. Suzano (SUZ): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Suzano (SUZ) at 17.55% pays out a band-typical share of earnings, while Nutrien (NTR) at 47.93% distributes more than its industry norm — less retained, thinner cover.

NTR

Materials industry group

47.93%

Max: 83.62%
NTR: 47.93%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

SUZ

Materials industry group

17.55%

Max: 83.62%
Q3: 41.37%
SUZ: 17.55%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

Nutrien (NTR) vs. Suzano (SUZ): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Nutrien (NTR) and Suzano (SUZ)
Metric	NTR	SUZ
Dividend Yield (TTM)	3.03%	0.05%
Dividend Payout Ratio (TTM)	47.93%	17.55%

Valuation

P/E Ratio (TTM)

Suzano (SUZ) at 7.49 sits in the cheaper P/E ratio quartile, while Nutrien (NTR) at 15.61 is closer to its industry’s usual earnings multiple — a discount for SUZ, though growth and earnings durability still matter.

NTR

Materials industry group

15.61

Max: 59.00
Q3: 32.93
Median: 18.82
NTR: 15.61
Q1: 11.96
Min: 3.93

SUZ

Materials industry group

7.49

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
SUZ: 7.49
Min: 3.93

Nutrien (NTR) vs. Suzano (SUZ): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Suzano (SUZ) at 0.23 sits in the cheaper P/S ratio quartile while Nutrien (NTR) at 1.24 prices around its industry’s middle — SUZ costs less per dollar of sales, though read it alongside growth and margins.

NTR

Materials industry group

1.24

Max: 9.62
Q3: 4.34
Median: 1.87
NTR: 1.24
Q1: 0.73
Min: 0.00

SUZ

Materials industry group

0.23

Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
SUZ: 0.23
Min: 0.00

Nutrien (NTR) vs. Suzano (SUZ): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

Suzano (SUZ) at 1.16 sits in the lower P/B ratio quartile against book while Nutrien (NTR) at 1.32 is valued near its industry’s middle — SUZ is cheaper on assets, though weigh it against ROE and asset quality.

NTR

Materials industry group

1.32

Max: 6.59
Q3: 3.55
Median: 2.08
NTR: 1.32
Q1: 1.26
Min: -0.17

SUZ

Materials industry group

1.16

Max: 6.59
Q3: 3.55
Median: 2.08
Q1: 1.26
SUZ: 1.16
Min: -0.17

Nutrien (NTR) vs. Suzano (SUZ): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Nutrien (NTR) and Suzano (SUZ)
Metric	NTR	SUZ
P/E Ratio (TTM)	15.61	7.49
P/S Ratio (TTM)	1.24	0.23
P/B Ratio (MRQ)	1.32	1.16
Free Cash Flow Yield (TTM)	5.77%	-7.73%