NTR vs. WPM: Nutrien vs. Wheaton Precious Metals Stock Comparison

November 11, 2026

How do Nutrien (NTR) and Wheaton Precious Metals (WPM) 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 Wheaton Precious Metals (WPM) both fall under the Materials industry group, but NTR is classified in Chemicals while WPM is classified in Metals & Mining.

Company profile comparison for Nutrien (NTR) and Wheaton Precious Metals (WPM)
Profile Item	NTR	WPM
Name	Nutrien Ltd.	Wheaton Precious Metals Corp.
Country/Region	Canada	Canada
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Chemicals	Metals & Mining
GICS Sub-Industry	Fertilizers & Agricultural Chemicals	Gold
Market Capitalization	33.89 billion USD	61.91 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 2, 2018	July 6, 2005
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

NTR

WPM

GSPC

Nutrien (NTR) vs. Wheaton Precious Metals (WPM), 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 Wheaton Precious Metals (WPM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Nutrien (NTR) and Wheaton Precious Metals (WPM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Nutrien (NTR) and Wheaton Precious Metals (WPM)
Metric	NTR	WPM
Total Return (1Y)	30.80%	45.35%
Total Return (3Y, Annualized)	13.84%	50.60%
Total Return (5Y, Annualized)	4.29%	29.06%

Risk Profile

Drawdown History

NTR

WPM

GSPC

Nutrien (NTR) vs. Wheaton Precious Metals (WPM), 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 Wheaton Precious Metals (WPM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Nutrien (NTR) and Wheaton Precious Metals (WPM)
Metric	NTR	WPM
Volatility (1Y, Annualized)	32.77%	52.11%
Beta (5Y)	0.64	0.49
Max Drawdown (5Y)	-58.17%	-43.29%
Avg. Volume (3M)	2.56M	2.01M

Risk-Adjusted Performance

Risk-Return Positioning

NTR and WPM 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 Wheaton Precious Metals (WPM)
Metric	NTR	WPM
Sharpe Ratio (1Y)	0.81	0.79
Sortino Ratio (1Y)	1.18	1.14

Profitability

ROE (TTM)

Wheaton Precious Metals (WPM) at 23.10% sits in the top ROE quartile, while Nutrien (NTR) at 8.76% is closer to the peer norm — stronger capital efficiency for WPM.

NTR

Materials industry group

8.76%

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

WPM

Materials industry group

23.10%

Max: 52.88%
WPM: 23.10%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

Nutrien (NTR) vs. Wheaton Precious Metals (WPM): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Wheaton Precious Metals (WPM) at 60.39% converts revenue to bottom-line profit above its industry’s benchmark range, while Nutrien (NTR) at 8.04% keeps roughly the typical share for its industry.

NTR

Materials industry group

8.04%

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

WPM

Materials industry group

60.39%

WPM: 60.39%
Max: 38.66%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

Nutrien (NTR) vs. Wheaton Precious Metals (WPM): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Wheaton Precious Metals (WPM) at 66.70% operates in the top operating margin quartile, ahead of Nutrien (NTR) at 10.97%, which runs around its industry’s norm.

NTR

Materials industry group

10.97%

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

WPM

Materials industry group

66.70%

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

Nutrien (NTR) vs. Wheaton Precious Metals (WPM): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Nutrien (NTR) and Wheaton Precious Metals (WPM)
Metric	NTR	WPM
ROE (TTM)	8.76%	23.10%
ROA (TTM)	4.24%	15.22%
Net Margin (TTM)	8.04%	60.39%
Operating Margin (TTM)	10.97%	66.70%
Gross Margin (TTM)	31.60%	86.61%

Growth

Revenue Growth

Wheaton Precious Metals (WPM) at 80.18% sits in the top revenue growth quartile, while Nutrien (NTR) at 3.52% is closer to the peer norm — faster top-line expansion for WPM.

Nutrien (NTR) vs. Wheaton Precious Metals (WPM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Nutrien (NTR) at 242.65% and Wheaton Precious Metals (WPM) at 177.85% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.

Nutrien (NTR) vs. Wheaton Precious Metals (WPM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Nutrien (NTR) and Wheaton Precious Metals (WPM)
Metric	NTR	WPM
Revenue Growth (YoY)	3.52%	80.18%
Revenue Growth (3Y CAGR)	-10.80%	29.53%
EPS Growth (YoY)	242.65%	177.85%
EPS Growth (3Y CAGR)	-30.99%	29.83%

Financial Strength

Current Ratio (MRQ)

Both Nutrien (NTR) at 1.41 and Wheaton Precious Metals (WPM) at 0.57 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

NTR

Materials industry group

1.41

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

WPM

Materials industry group

0.57

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
WPM: 0.57
Min: 0.16

Nutrien (NTR) vs. Wheaton Precious Metals (WPM): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Both Nutrien (NTR) at 0.55 and Wheaton Precious Metals (WPM) at 0.16 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

NTR

Materials industry group

0.55

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

WPM

Materials industry group

0.16

Max: 1.98
Q3: 0.89
Median: 0.47
WPM: 0.16
Q1: 0.13
Min: 0.00

Nutrien (NTR) vs. Wheaton Precious Metals (WPM): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Nutrien (NTR) and Wheaton Precious Metals (WPM)
Metric	NTR	WPM
Current Ratio (MRQ)	1.41	0.57
Debt / Equity (MRQ)	0.55	0.16
Net Debt / EBITDA	2.38	0.50

Dividends

Dividend Yield (TTM)

Nutrien (NTR) at 3.03% delivers top-quartile income for its industry, while Wheaton Precious Metals (WPM) at 0.57% 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%

WPM

Materials industry group

0.57%

Max: 4.52%
Q3: 1.85%
WPM: 0.57%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

Nutrien (NTR) vs. Wheaton Precious Metals (WPM): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Wheaton Precious Metals (WPM) at 16.29% 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%

WPM

Materials industry group

16.29%

Max: 83.62%
Q3: 41.37%
WPM: 16.29%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

Nutrien (NTR) vs. Wheaton Precious Metals (WPM): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Nutrien (NTR) and Wheaton Precious Metals (WPM)
Metric	NTR	WPM
Dividend Yield (TTM)	3.03%	0.57%
Dividend Payout Ratio (TTM)	47.93%	16.29%

Valuation

P/E Ratio (TTM)

Both Nutrien (NTR) at 15.61 and Wheaton Precious Metals (WPM) at 29.63 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

NTR

Materials industry group

15.61

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

WPM

Materials industry group

29.63

Max: 59.00
Q3: 32.93
WPM: 29.63
Median: 18.82
Q1: 11.96
Min: 3.93

Nutrien (NTR) vs. Wheaton Precious Metals (WPM): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Nutrien (NTR) at 1.24 prices around its industry’s typical P/S ratio, while Wheaton Precious Metals (WPM) at 17.86 clears its benchmark range — WPM looks notably rich on sales.

NTR

Materials industry group

1.24

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

WPM

Materials industry group

17.86

WPM: 17.86
Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
Min: 0.00

Nutrien (NTR) vs. Wheaton Precious Metals (WPM): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

Nutrien (NTR) at 1.32 is valued about in line with its industry on P/B ratio, while Wheaton Precious Metals (WPM) at 6.17 carries an above-peer premium to book — WPM is pricier on assets.

NTR

Materials industry group

1.32

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

WPM

Materials industry group

6.17

Max: 6.59
WPM: 6.17
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

Nutrien (NTR) vs. Wheaton Precious Metals (WPM): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Nutrien (NTR) and Wheaton Precious Metals (WPM)
Metric	NTR	WPM
P/E Ratio (TTM)	15.61	29.63
P/S Ratio (TTM)	1.24	17.86
P/B Ratio (MRQ)	1.32	6.17
Free Cash Flow Yield (TTM)	5.77%	-5.11%