The Mosaic Company (MOS)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 361,600 | 1,341,900 | 4,807,100 | 2,228,300 | 87,600 |
| Revenue | US$ in thousands | 11,122,800 | 13,696,100 | 19,125,200 | 12,357,400 | 8,681,700 |
| Pretax margin | 3.25% | 9.80% | 25.13% | 18.03% | 1.01% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $361,600K ÷ $11,122,800K
= 3.25%
The pretax margin of The Mosaic Company has displayed fluctuations over the years based on the provided data.
- As of December 31, 2020, the pretax margin stood at a relatively low 1.01%. This may indicate a lower level of profitability before accounting for taxes in that particular year.
- The pretax margin saw a significant improvement by December 31, 2021, surging to 18.03%. This substantial increase suggests a boost in operational efficiency and profitability compared to the previous year.
- By December 31, 2022, the pretax margin further increased to 25.13%, reaching its peak during the period under review. This could be a result of effective cost management or increased revenue generation.
- The pretax margin experienced a notable decline by December 31, 2023, dropping to 9.80%. This decrease may signal challenges faced by the company in maintaining the same level of profitability as in the previous year.
- Finally, as of December 31, 2024, the pretax margin decreased even further to 3.25%. This decline may indicate potential issues impacting the company's profitability and financial performance, necessitating a closer examination of its operational aspects.
Overall, the fluctuations in The Mosaic Company's pretax margin highlight the importance of closely monitoring and analyzing financial metrics to gauge the company's performance and make informed decisions.
Peer comparison
Dec 31, 2024