The Mosaic Company (MOS)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,511,900 | 2,210,600 | 5,755,800 | 3,200,300 | 1,064,900 |
| Revenue | US$ in thousands | 11,122,800 | 13,696,100 | 19,125,200 | 12,357,400 | 8,681,700 |
| Gross profit margin | 13.59% | 16.14% | 30.10% | 25.90% | 12.27% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,511,900K ÷ $11,122,800K
= 13.59%
The gross profit margin of The Mosaic Company has exhibited fluctuations over the past five years. In 2020, the company reported a gross profit margin of 12.27%, which then notably increased to 25.90% by the end of 2021. This increase continued into 2022, reaching 30.10%, indicating improved efficiency in the company's production and cost management.
However, there was a decline in the gross profit margin in 2023, dropping to 16.14%. This decline could be attributed to various factors such as changes in input costs or pricing pressures in the industry. By the end of 2024, the gross profit margin decreased further to 13.59%, indicating potential challenges faced by the company in maintaining profitability.
Overall, while there have been fluctuations in The Mosaic Company's gross profit margin in recent years, it is important for the company to continue monitoring and managing its cost structures to sustain and improve profitability in the future.
Peer comparison
Dec 31, 2024