The Mosaic Company (MOS)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 621,500 | 800,100 | 830,500 | 966,400 | 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 |
| Total assets | US$ in thousands | 22,924,000 | 23,291,700 | 22,566,500 | 22,873,000 | 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 |
| Operating ROA | 2.71% | 3.44% | 3.68% | 4.23% | 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% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $621,500K ÷ $22,924,000K
= 2.71%
The Operating Return on Assets (Operating ROA) for The Mosaic Company has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. The metric started in negative territory in March 2020 at -7.18% and improved to -5.44% in June 2020. Although still negative, there was a gradual positive trend observed in the following quarters, with a notable increase to 2.09% by December 2020.
From March 2021 to June 2022, The Mosaic Company's Operating ROA experienced consistent growth, climbing from 3.98% to 19.18%. The metric peaked at 21.57% in September 2022 before declining slightly to 20.46% in December 2022.
However, the trend began to reverse from March 2023 onwards, with the Operating ROA dropping to 4.23% by March 2024. This decrease continued over the next few quarters, falling to 2.71% by December 2024.
Overall, The Mosaic Company's Operating ROA has displayed variability, with periods of both growth and decline. It appears that after a period of significant improvement, the company faced challenges affecting its operational efficiency and asset utilization, leading to a decline in the Operating ROA in the latter part of the period under review.
Peer comparison
Dec 31, 2024