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%

See also:

The Mosaic Company Gross Profit Margin (Quarterly Data)