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%