The Mosaic Company (MOS)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,164,900 | 1,322,800 | 2,168,700 | 2,835,600 | 3,582,800 | 3,724,400 | 3,254,600 | 2,655,900 | 1,630,600 | 1,793,700 | 1,415,600 | 1,025,800 | 666,100 | -1,082,800 | -1,120,700 | -1,401,200 | -1,067,400 | -34,100 | 257,500 | 558,500 |
| 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 |
| Net profit margin | 8.24% | 9.99% | 13.53% | 15.30% | 18.73% | 18.33% | 18.45% | 18.07% | 13.20% | 16.05% | 13.92% | 10.97% | 7.67% | -13.70% | -13.53% | -16.53% | -11.96% | -0.35% | 2.60% | 5.72% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,164,900K ÷ $14,142,000K
= 8.24%
The net profit margin of Mosaic Company has displayed a decreasing trend over the past eight quarters, starting at 18.73% in Q4 2022 and declining steadily to 8.51% in Q4 2023. This gradual decrease indicates a reduced ability of the company to convert revenue into profit over time. The peak net profit margin of 20.15% in Q3 2022 was followed by a consistent decline, settling at 8.51% as of Q4 2023. This declining trend may raise concerns about the company's cost management, pricing strategies, and overall profitability. Further analysis into the factors impacting the net profit margin is recommended to understand the underlying reasons behind this trend.
Peer comparison
Dec 31, 2023