The Mosaic Company (MOS)
Gross profit margin
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross profit (ttm) | US$ in thousands | 2,210,600 | 2,619,500 | 3,711,900 | 4,987,100 | 5,755,800 | 5,936,000 | 5,298,500 | 4,204,500 | 3,200,300 | 2,463,100 | 1,953,700 | 1,458,400 | 1,064,900 | 734,200 | 659,000 | 629,200 | 897,300 | 1,282,800 | 1,498,400 | 1,565,800 |
Revenue (ttm) | US$ in thousands | 14,142,000 | 13,242,400 | 16,030,200 | 18,535,500 | 19,125,200 | 20,318,500 | 17,641,300 | 14,700,400 | 12,357,400 | 11,172,800 | 10,172,900 | 9,354,000 | 8,681,700 | 7,900,800 | 8,286,100 | 8,475,100 | 8,921,500 | 9,698,800 | 9,902,100 | 9,758,700 |
Gross profit margin | 15.63% | 19.78% | 23.16% | 26.91% | 30.10% | 29.21% | 30.03% | 28.60% | 25.90% | 22.05% | 19.20% | 15.59% | 12.27% | 9.29% | 7.95% | 7.42% | 10.06% | 13.23% | 15.13% | 16.05% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,210,600K ÷ $14,142,000K
= 15.63%
The gross profit margin of Mosaic Company has shown a declining trend over the past eight quarters, reflecting a decrease in the percentage of revenue retained after accounting for the cost of goods sold. The margin decreased from 30.10% in Q4 2022 to 16.14% in Q4 2023. This downward trend indicates increasing costs relative to revenue or potential pricing pressures impacting profitability. Further analysis and investigation into the company's cost structure, pricing strategies, and competitive landscape may be warranted to address these margin declines.
Peer comparison
Dec 31, 2023
Company name
Symbol
Gross profit margin
The Mosaic Company
MOS
15.63%
CF Industries Holdings Inc
CF
38.38%
Scotts Miracle-Gro Company
SMG
18.88%