The Mosaic Company (MOS)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 15.63% | 19.78% | 23.16% | 26.91% | 30.10% | 29.21% | 30.03% | 28.60% | 25.90% | 22.05% | 19.20% | 15.59% | 12.27% | 9.29% | 7.95% | 7.42% | 10.06% | 13.23% | 15.13% | 16.05% |
| Operating profit margin | 9.46% | 13.29% | 17.27% | 21.98% | 25.02% | 24.88% | 26.08% | 23.20% | 19.98% | 16.05% | 11.70% | 8.47% | 4.76% | -13.63% | -12.50% | -16.08% | -12.27% | 3.69% | 6.18% | 10.76% |
| Pretax margin | 9.49% | 13.21% | 17.95% | 20.53% | 25.13% | 24.55% | 25.05% | 24.26% | 18.03% | 14.90% | 11.29% | 6.84% | 1.01% | -18.60% | -17.81% | -21.30% | -14.48% | 0.65% | 3.79% | 7.50% |
| Net profit margin | 8.24% | 9.99% | 13.53% | 15.30% | 18.73% | 18.33% | 18.45% | 18.07% | 13.20% | 16.05% | 13.92% | 10.97% | 7.67% | -13.70% | -13.53% | -16.53% | -11.96% | -0.35% | 2.60% | 5.72% |
The profitability ratios of Mosaic Company show a declining trend over the past quarters. The gross profit margin has decreased steadily from 30.10% in Q4 2022 to 16.14% in Q4 2023. This indicates a decrease in the percentage of revenue retained after accounting for the cost of goods sold.
Similarly, the operating profit margin has also shown a declining trend, dropping from 27.34% in Q3 2022 to 9.77% in Q4 2023. This suggests a decrease in the proportion of revenue remaining after deducting operating expenses.
The pretax margin has followed a similar pattern, declining from 27.11% in Q3 2022 to 10.12% in Q4 2023. This ratio reflects the company's ability to generate profits before accounting for taxes.
The net profit margin, which represents the percentage of revenue left after all expenses and taxes have been deducted, has also decreased from 20.15% in Q3 2022 to 8.51% in Q4 2023.
Overall, these declining profitability ratios may indicate potential challenges for Mosaic Company in effectively managing its costs, operating expenses, and tax obligations. Further analysis of the company's financial performance and strategic initiatives may be necessary to address these downward trends and improve profitability.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 5.06% | 5.84% | 9.37% | 12.41% | 15.32% | 15.89% | 13.57% | 11.34% | 7.40% | 8.51% | 6.59% | 5.15% | 3.37% | -5.74% | -5.89% | -7.38% | -5.53% | -0.17% | 1.25% | 2.73% |
| Return on total capital | 8.55% | 11.42% | 17.53% | 26.66% | 30.97% | 32.53% | 29.29% | 21.84% | 16.93% | 12.44% | 8.04% | 5.62% | 2.92% | -8.21% | -7.92% | -10.52% | -7.96% | 2.44% | 4.06% | 6.92% |
| Return on equity (ROE) | 9.48% | 10.98% | 17.48% | 23.84% | 29.72% | 32.16% | 27.70% | 22.82% | 15.38% | 17.21% | 13.69% | 10.66% | 6.95% | -12.69% | -13.20% | -16.71% | -11.62% | -0.34% | 2.46% | 5.27% |
The profitability ratios of Mosaic Company over the past eight quarters indicate a consistent performance in generating returns for its assets, capital, and equity.
The Operating return on assets (Operating ROA) has fluctuated, ranging from 5.81% to 21.57%, with a general declining trend from Q4 2022 to Q1 2023, indicating a decrease in the company's ability to generate profits from its assets through its core operations.
Return on assets (ROA) has shown a similar declining trend from 15.32% to 5.06% from Q4 2022 to Q4 2023, suggesting a decrease in overall profitability relative to its total assets.
Return on total capital has displayed a consistent pattern of increase, starting at 22.46% in Q1 2022 and reaching 8.71% in Q4 2023, indicating an improvement in the company's ability to generate returns from all sources of capital.
Return on equity (ROE) has shown a similar trend of decline from 29.72% to 9.48% from Q4 2022 to Q4 2023, signifying a decrease in shareholder value generation relative to their equity investment.
Overall, while the return on total capital has shown improvement, the decline in ROA and ROE suggests that Mosaic Company may need to focus on enhancing its efficiency in asset utilization and equity management to drive profitability in the future.