The Mosaic Company (MOS)
Operating return on assets (Operating ROA)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 1,338,100 | 1,760,200 | 2,769,100 | 4,074,100 | 4,785,300 | 5,054,400 | 4,601,300 | 3,411,100 | 2,468,500 | 1,793,600 | 1,190,500 | 792,300 | 412,900 | -1,076,500 | -1,035,500 | -1,363,200 | -1,094,900 | 357,700 | 611,500 | 1,049,700 |
Total assets | US$ in thousands | 23,032,800 | 22,654,400 | 23,140,200 | 22,857,500 | 23,386,000 | 23,437,600 | 23,985,600 | 23,423,100 | 22,036,400 | 21,081,500 | 21,473,500 | 19,902,100 | 19,789,800 | 18,851,600 | 19,020,600 | 18,975,500 | 19,298,500 | 20,440,100 | 20,643,900 | 20,445,300 |
Operating ROA | 5.81% | 7.77% | 11.97% | 17.82% | 20.46% | 21.57% | 19.18% | 14.56% | 11.20% | 8.51% | 5.54% | 3.98% | 2.09% | -5.71% | -5.44% | -7.18% | -5.67% | 1.75% | 2.96% | 5.13% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,338,100K ÷ $23,032,800K
= 5.81%
The operating return on assets (ROA) for Mosaic Company has displayed a decreasing trend over the past eight quarters. The operating ROA decreased from 15.24% in Q1 2022 to 5.81% in Q4 2023. This downward trend indicates that the company's operating profits generated from its assets have been declining over time. It is important for Mosaic Company to closely monitor and address the factors contributing to this decrease in operating ROA to ensure efficient utilization of its assets and sustainable profitability in the future.
Peer comparison
Dec 31, 2023
Company name
Symbol
Operating ROA
The Mosaic Company
MOS
5.81%
CF Industries Holdings Inc
CF
15.51%
Scotts Miracle-Gro Company
SMG
-4.84%