The Mosaic Company (MOS)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,341,900 | 4,807,100 | 2,228,300 | 87,600 | -1,292,100 |
| Revenue | US$ in thousands | 13,696,100 | 19,125,200 | 12,357,400 | 8,681,700 | 8,906,300 |
| Pretax margin | 9.80% | 25.13% | 18.03% | 1.01% | -14.51% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $1,341,900K ÷ $13,696,100K
= 9.80%
The pretax margin of Mosaic Company has fluctuated over the past five years, ranging from a negative value of -14.77% in 2019 to a high of 25.30% in 2022. In 2023, the pretax margin was 10.12%, indicating a decline from the previous year. This metric reflects the company's ability to generate profit before accounting for taxes relative to its total revenue. The significant variations in pretax margin suggest fluctuating levels of operational efficiency, cost management, and revenue generation during the period under review. It is essential for investors and stakeholders to monitor these trends closely to assess Mosaic Company's financial performance and sustainability over time.
Peer comparison
Dec 31, 2023