MOSAIC CO MOS
The Mosaic Company is the world's leading producer and marketer of concentrated phosphate and potash crop nutrients. Through our broad product offering, we are a single source supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. We serve customers in approximately 40 countries. We are the second largest integrated phosphate producer in the world and one of the largest producers and marketers of phosphate-based animal feed ingredients in North America and Brazil. We are the leading fertilizer production and distribution company in Brazil. We mine phosphate rock in Florida, Brazil and Peru. We process rock into finished phosphate products at facilities in Florida, Louisiana and Brazil. We are typically one of the top four global potash producers in the world. We mine potash in Saskatchewan and New Mexico. We have other production, blending or distribution operations in Brazil, China, India and Paraguay. Our operations serve the top four nutrient-consuming countries in the world: China, India, U.S. and Brazil.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.05B | $11.12B | $13.70B | $19.13B | $12.36B | $8.68B | $8.91B | $9.59B | $7.41B | $7.16B |
| Cost of revenue | $10.15B | $9.61B | $11.49B | $13.37B | $9.16B | $7.62B | $8.01B | $8.09B | $6.57B | $6.35B |
| Gross profit | $1.90B | $1.51B | $2.21B | $5.76B | $3.20B | $1.06B | $897.3M | $1.50B | $842.8M | $810.0M |
| SG&A | $533.9M | $496.9M | $500.5M | $498.0M | $430.5M | $371.5M | $354.1M | $341.1M | $301.3M | $304.2M |
| Operating income | $821.5M | $621.5M | $1.34B | $4.79B | $2.47B | $412.9M | -$1.09B | $928.3M | $465.7M | $319.0M |
| Interest expense | $241.5M | $230.0M | $189.0M | $168.8M | $194.3M | $214.1M | $216.0M | $215.8M | $171.3M | $140.6M |
| Pre-tax income | $1.21B | $315.4M | $1.33B | $4.64B | $2.22B | $180.9M | -$1.26B | $551.5M | $374.0M | $242.4M |
| Income tax | $639.8M | $186.7M | $177.0M | $1.22B | $597.7M | $578.5M | $224.7M | $77.1M | $494.9M | $74.2M |
| Net income | $541.0M | $175.0M | $1.17B | $3.58B | $1.63B | $666.1M | -$1.07B | $470.0M | -$107.2M | $297.8M |
| EPS, basic | 1.70 | 0.55 | 3.52 | 10.17 | 4.31 | 1.76 | -2.78 | 1.22 | -0.31 | 0.85 |
| EPS, diluted | 1.70 | 0.55 | 3.50 | 10.06 | 4.27 | 1.75 | -2.78 | 1.22 | -0.31 | 0.85 |
| Shares, diluted (wtd. avg.) | $318.9M | $320.7M | $333.2M | $356.0M | $381.6M | $381.3M | $383.8M | $386.4M | $350.9M | $351.7M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $276.6M | $272.8M | $348.8M | $754.1M | $786.3M | $594.4M | $532.3M | $871.0M | $2.19B | $711.4M |
| Receivables | $1.08B | $1.11B | $1.27B | $1.70B | $1.53B | $881.1M | $803.9M | $838.5M | $642.6M | $627.8M |
| Inventory | $3.36B | $2.55B | $2.52B | $3.54B | $2.74B | $1.74B | $2.08B | $2.27B | $1.55B | $1.39B |
| Total current assets | $5.24B | $4.50B | $4.75B | $6.56B | $5.33B | $3.52B | $3.72B | $4.24B | $4.62B | $3.06B |
| Property, plant and equipment | $13.98B | $13.35B | $13.59B | $12.68B | $12.48B | $11.85B | $11.69B | $11.75B | $9.71B | $9.20B |
| Goodwill | $1.01B | $1.06B | $1.14B | $1.12B | $1.17B | $1.17B | $1.16B | $1.71B | $1.69B | $1.63B |
| Total assets | $24.48B | $22.92B | $23.03B | $23.39B | $22.04B | $19.79B | $19.30B | $20.12B | $18.63B | $16.84B |
| Accounts payable | $1.17B | $1.16B | $1.17B | $1.29B | $1.26B | $769.1M | $680.4M | $780.9M | $540.9M | $471.8M |
| Short-term debt | $759.9M | $847.1M | $399.7M | $224.9M | $302.8M | $100.0K | $41.6M | $11.5M | $6.1M | $100.0K |
| Total current liabilities | $3.98B | $4.17B | $3.87B | $5.53B | $4.79B | $3.15B | $2.59B | $2.48B | $2.03B | $1.48B |
| Retained earnings | $14.18B | $13.93B | $14.24B | $14.20B | $12.01B | $10.51B | $9.92B | $11.06B | $10.63B | $10.86B |
| Total equity | $12.08B | $11.48B | $12.43B | $12.19B | $10.75B | $9.76B | $9.37B | $10.60B | $9.64B | $9.62B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $824.8M | $1.30B | $2.41B | $3.94B | $2.19B | $1.58B | $1.10B | $1.41B | $935.5M | $1.26B |
| Depreciation and amortisation | $1.05B | $1.03B | $960.6M | $933.9M | $812.9M | $847.6M | $882.7M | $883.9M | $665.5M | $711.2M |
| Stock-based compensation | $30.7M | $31.8M | $33.0M | $27.9M | $29.5M | $17.8M | $27.9M | $27.5M | $28.0M | $30.5M |
| Capital expenditure | $1.36B | $1.25B | $1.40B | $1.25B | $1.29B | $1.17B | $1.27B | $954.5M | $820.1M | $843.1M |
| Investing cash flow | -$1.31B | -$1.26B | -$1.32B | -$1.26B | -$1.32B | -$1.19B | -$1.36B | -$1.94B | -$667.8M | -$1.87B |
| Financing cash flow | $452.0M | -$131.9M | -$1.48B | -$2.68B | -$682.1M | -$283.8M | -$82.2M | -$724.8M | $1.20B | -$888.6M |
| Dividends paid | $280.4M | $270.7M | $351.6M | $197.7M | $103.7M | $75.8M | $67.2M | $38.5M | $210.6M | $385.1M |
| Buybacks | $0 | $235.4M | $756.0M | $1.67B | $410.9M | $0 | $149.9M | $0 | $0 | $75.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001285785-26-000061.
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