The Mosaic Company (MOS)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,338,100 | 4,785,300 | 2,468,500 | 412,900 | -1,094,900 |
| Revenue | US$ in thousands | 13,696,100 | 19,125,200 | 12,357,400 | 8,681,700 | 8,906,300 |
| Operating profit margin | 9.77% | 25.02% | 19.98% | 4.76% | -12.29% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,338,100K ÷ $13,696,100K
= 9.77%
The operating profit margin of Mosaic Company has displayed significant variability over the past five years, ranging from a low of 4.12% in 2019 to a high of 25.02% in 2022. In 2023, the operating profit margin decreased to 9.77%, indicating a decline in profitability compared to the previous year. This fluctuation in performance suggests potential changes in the company's cost structure, pricing strategies, or operational efficiency. Further analysis and comparison with industry benchmarks would be necessary to determine the underlying factors driving these fluctuations in Mosaic Company's operating profit margin.
Peer comparison
Dec 31, 2023