• Nutrien average ebit margin for 2023 was 16.82%, a 36.89% decline from 2022.
• Nutrien average ebit margin for 2022 was 26.65%, a 147.45% decline from 2021.
• Nutrien average ebit margin for 2021 was 10.77%, a 82.54% increase from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues