The Mosaic Company (MOS)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 174,900 | 371,200 | 244,800 | 775,300 | 1,164,900 | 1,322,800 | 2,168,700 | 2,835,600 | 3,582,800 | 3,724,400 | 3,254,600 | 2,655,900 | 1,630,600 | 1,793,700 | 1,415,600 | 1,025,800 | 666,100 | -1,082,800 | -1,120,700 | -1,401,200 |
| 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 |
| ROA | 0.76% | 1.59% | 1.08% | 3.39% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $174,900K ÷ $22,924,000K
= 0.76%
The Return on Assets (ROA) of The Mosaic Company has shown a volatile trend over the past few years. Starting from negative figures in early 2020, the ROA improved significantly by the end of 2020, reaching 3.37%. The positive trajectory continued through 2021, with ROA reaching double-digit figures by March 2022.
However, the trend then started to decline, with ROA dropping to 9.37% by June 2023 and further down to 5.06% by December 2023. The ROA continued to decrease in 2024, reaching 0.76% by the end of December 2024.
It is essential for investors and stakeholders to monitor this metric closely as a declining ROA could indicate inefficiencies in asset utilization or declining profitability relative to the company's total assets. Further analysis is required to understand the factors contributing to the fluctuations in The Mosaic Company's ROA and evaluate its overall financial performance.
Peer comparison
Dec 31, 2024