The Mosaic Company (MOS)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | -1,067,400 | -34,100 | 257,500 | 558,500 |
| Total stockholders’ equity | US$ in thousands | 12,290,200 | 12,050,300 | 12,405,000 | 11,893,800 | 12,054,600 | 11,580,600 | 11,751,300 | 11,638,400 | 10,604,100 | 10,420,400 | 10,338,000 | 9,624,200 | 9,581,400 | 8,532,800 | 8,493,000 | 8,386,200 | 9,185,500 | 10,100,400 | 10,473,000 | 10,601,200 |
| 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% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,164,900K ÷ $12,290,200K
= 9.48%
Mosaic Company's return on equity (ROE) has exhibited a declining trend over the past eight quarters, from 32.16% in Q3 2022 to 9.48% in Q4 2023. The ROE peaked at 32.16% and has since decreased steadily. This downward trajectory suggests a potential erosion of the company's ability to generate profits from its shareholders' equity. The recent ROE of 9.48% in Q4 2023 indicates that for every dollar of shareholder equity, Mosaic generated a return of 9.48 cents in that quarter. This declining trend warrants further investigation into factors impacting Mosaic's financial performance and profitability.
Peer comparison
Dec 31, 2023