The Mosaic Company (MOS)

Return on assets (ROA)

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net income US$ in thousands 1,164,900 3,582,800 1,630,600 666,100 -1,067,400
Total assets US$ in thousands 23,032,800 23,386,000 22,036,400 19,789,800 19,298,500
ROA 5.06% 15.32% 7.40% 3.37% -5.53%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $1,164,900K ÷ $23,032,800K
= 5.06%

The Return on Assets (ROA) of Mosaic Company has varied over the past five years. The ROA was positive in all years except in 2019 when it was negative at -5.53%. The trend shows an improvement in profitability as the ROA increased from 3.37% in 2020 to 5.06% in 2023. The peak ROA of 15.32% in 2022 indicates a strong performance in utilizing its assets to generate profit. Overall, the company has shown an ability to generate returns from its assets, with the most recent year showing a positive trend in efficiency and profitability.


Peer comparison

Dec 31, 2023

Company name
Symbol
ROA
The Mosaic Company
MOS
5.06%
CF Industries Holdings Inc
CF
10.61%
Scotts Miracle-Gro Company
SMG
-11.13%

See also:

The Mosaic Company Return on Assets (ROA)