Mosaic (MOS) Financials

$21.86 -0.33 (-1.51%)

Closing price 03:59 PM Eastern

Extended Trading

$21.86 +0.01 (+0.04%)

As of 07:59 PM Eastern

Annual Income Statements for Mosaic

This table shows Mosaic's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	1,000	298	-107	470	-1,067	666	1,631	3,583	1,165	175	541
Consolidated Net Income / (Loss)	1,002	301	-104	470	-1,091	666	1,635	3,614	1,209	202	575
Net Income / (Loss) Continuing Operations	1,004	317	-121	470	-1,031	759	1,627	3,418	1,149	129	573
Total Pre-Tax Income	1,103	242	374	552	-1,256	181	2,225	4,643	1,326	315	1,213
Total Operating Income	1,279	319	466	928	-1,095	413	2,469	4,785	1,338	622	822
Total Gross Profit	1,718	810	843	1,498	897	1,065	3,200	5,756	2,211	1,512	1,902
Total Revenue	8,895	7,163	7,409	9,587	8,906	8,682	12,357	19,125	13,696	11,123	12,052
Operating Revenue	8,895	7,163	7,409	9,587	8,906	8,682	12,357	19,125	13,696	11,123	12,052
Total Cost of Revenue	7,177	6,353	6,567	8,089	8,009	7,617	9,157	13,369	11,486	9,611	10,151
Operating Cost of Revenue	7,177	6,353	6,567	8,089	8,009	7,617	9,157	13,369	11,486	9,611	10,151
Total Operating Expenses	439	117	377	570	1,992	652	732	971	873	890	1,080
Selling, General & Admin Expense	439	304	301	341	354	372	431	498	501	497	534
Other Operating Expenses / (Income)	-	-187	76	229	176	281	143	473	429	394	289
Impairment Charge	-	-	-	-	-	-	-	-	-57	0.00	257
Total Other Income / (Expense), net	-176	-77	-92	-377	-161	-232	-244	-143	-12	-306	391
Interest Expense	-	112	138	166	183	181	169	138	129	183	188
Interest & Investment Income	-98	-	-	-	-	-	-	0.00	0.00	522	0.00
Other Income / (Expense), net	-78	36	46	-211	22	-51	-75	-5.00	117	-646	579
Income Tax Expense	99	-74	495	77	-225	-579	598	1,224	177	187	640
Other Adjustments to Consolidated Net Income / (Loss)	-2.40	-15	17	-	-59	-94	7.80	196	60	73	2.30
Net Income / (Loss) Attributable to Noncontrolling Interest	1.40	3.40	3.00	-0.10	-23	-0.50	4.30	31	44	27	35
Basic Earnings per Share	$2.79	$0.85	($0.31)	$1.22	($2.78)	$1.76	$4.31	$10.17	$3.52	$0.55	$1.70
Weighted Average Basic Shares Outstanding	358.50M	350.40M	350.90M	384.80M	383.80M	379M	378.10M	352.40M	331.30M	319.80M	317.30M
Diluted Earnings per Share	$2.78	$0.85	($0.31)	$1.22	($2.78)	$1.75	$4.27	$10.06	$3.50	$0.55	$1.70
Weighted Average Diluted Shares Outstanding	360.30M	351.70M	350.90M	386.40M	383.80M	381.30M	381.60M	356M	333.20M	320.70M	318.90M
Weighted Average Basic & Diluted Shares Outstanding	358.60M	350.40M	345.80M	385.20M	378.76M	758.19M	736.62M	672.97M	321.69M	316.94M	317.51M
Cash Dividends to Common per Share	$1.08	$1.10	$0.35	$0.10	$0.20	$0.20	$0.30	$0.60	$0.85	$0.85	$0.88

This table shows Mosaic's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	369	-4.20	365	45	-162	122	169	238	411	411	-520
Consolidated Net Income / (Loss)	379	3.10	368	57	-151	131	166	250	420	424	-518
Net Income / (Loss) Continuing Operations	366	-13	368	19	-173	126	157	250	418	424	-519
Total Pre-Tax Income	475	-19	324	25	-74	174	190	313	564	599	-264
Total Operating Income	369	146	279	173	233	115	100	339	244	340	-101
Total Gross Profit	571	410	560	399	394	417	302	488	519	552	343
Total Revenue	3,394	3,548	3,150	2,679	2,817	2,811	2,816	2,621	3,006	3,452	2,974
Operating Revenue	3,394	3,548	3,150	2,679	2,817	2,811	2,816	2,621	3,006	3,452	2,974
Total Cost of Revenue	2,823	3,139	2,590	2,280	2,423	2,394	2,514	2,133	2,487	2,900	2,631
Operating Cost of Revenue	2,823	3,139	2,590	2,280	2,423	2,394	2,514	2,133	2,487	2,900	2,631
Total Operating Expenses	202	264	281	226	161	301	202	150	274	213	444
Selling, General & Admin Expense	130	120	123	107	128	148	114	123	167	126	119
Other Operating Expenses / (Income)	72	144	158	120	32	153	89	27	107	87	68
Total Other Income / (Expense), net	105	-164	45	-148	-308	59	91	-26	320	260	-162
Interest Expense	36	17	35	48	46	42	47	41	53	46	48
Other Income / (Expense), net	141	-147	80	-100	-261	101	-385	15	373	305	-114
Income Tax Expense	108	-5.90	-44	6.20	99	48	34	63	146	176	255
Other Adjustments to Consolidated Net Income / (Loss)	13	16	0.30	38	22	4.50	9.10	0.50	1.40	0.30	0.10
Net Income / (Loss) Attributable to Noncontrolling Interest	10	7.30	2.70	11	11	8.50	-3.30	12	9.00	13	1.10
Basic Earnings per Share	$1.11	($0.01)	$1.12	$0.14	($0.50)	$0.38	$0.53	$0.75	$1.29	$1.30	($1.64)
Weighted Average Basic Shares Outstanding	332.20M	331.50M	331.30M	322.10M	321.20M	318.40M	319.80M	317M	317.30M	317.40M	317.30M
Diluted Earnings per Share	$1.11	($0.01)	$1.12	$0.14	($0.50)	$0.38	$0.53	$0.75	$1.29	$1.29	($1.63)
Weighted Average Diluted Shares Outstanding	333.70M	331.50M	333.20M	323.50M	321.20M	319.40M	320.70M	318.20M	319M	319.40M	318.90M
Weighted Average Basic & Diluted Shares Outstanding	664.56M	653.67M	321.69M	642.79M	637.28M	317.65M	316.94M	317.23M	317.38M	317.41M	317.51M

This table details how cash moves in and out of Mosaic's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-238	-1,426	1,483	-1,607	-339	62	192	-32	-393	-56	-6.40
Net Cash From Operating Activities	2,038	1,260	936	1,126	1,095	1,583	2,187	3,936	2,407	1,299	825
Net Cash From Continuing Operating Activities	2,038	1,260	936	1,126	1,095	1,583	2,187	3,929	2,407	1,299	825
Net Income / (Loss) Continuing Operations	1,002	301	-104	470	-1,091	666	1,635	3,614	1,209	202	575
Consolidated Net Income / (Loss)	1,002	301	-104	470	-1,091	666	1,635	3,614	1,209	202	575
Depreciation Expense	740	711	666	884	883	848	813	934	961	1,026	1,050
Amortization Expense	-	0.00	0.00	-49	-5.50	-	-	-	21	37	43
Non-Cash Adjustments To Reconcile Net Income	149	192	70	313	1,699	253	263	24	105	53	-48
Changes in Operating Assets and Liabilities, net	148	56	304	-208	-390	-184	-524	-644	112	-18	-795
Net Cash From Investing Activities	-1,118	-1,866	-668	-1,945	-1,361	-1,190	-1,322	-1,260	-1,317	-1,261	-1,310
Net Cash From Continuing Investing Activities	-1,118	-1,866	-668	-1,945	-1,361	-1,190	-1,322	-1,260	-1,317	-1,261	-1,310
Purchase of Property, Plant & Equipment	-1,000	-843	-820	-955	-1,272	-1,171	-1,289	-1,247	-1,402	-1,252	-1,359
Acquisitions	-227	-244	-63	0.00	-55	-	0.00	0.00	-41	0.00	0.00
Purchase of Investments	0.00	-1,659	-1,676	-1,520	-573	-619	-434	-763	-1,241	-1,530	-976
Sale of Property, Plant & Equipment	-	-	-	-	-	-	-	-	4.80	17	79
Divestitures	54	0.90	301	13	4.00	-	0.00	0.00	158	0.00	0.00
Sale and/or Maturity of Investments	54	1,029	1,658	519	536	607	410	743	1,209	1,501	949
Other Investing Activities, net	1.10	-150	-68	-1.80	-0.10	-7.40	-10	7.20	-5.30	2.60	-2.60
Net Cash From Financing Activities	-893	-889	1,201	-725	-82	-284	-682	-2,679	-1,481	-132	452
Net Cash From Continuing Financing Activities	-893	-889	1,201	-725	-82	-284	-682	-2,679	-1,481	-132	452
Repayment of Debt	-819	-1,979	-1,138	-1,715	-1,580	-2,766	-2,733	-6,268	-13,755	-18,059	-18,070
Repurchase of Common Equity	-710	-75	0.00	0.00	-150	0.00	-411	-1,665	-756	-235	0.00
Payment of Dividends	-385	-385	-211	-39	-68	-76	-135	-236	-393	-303	-301
Issuance of Debt	1,020	1,551	2,550	1,029	1,715	2,559	1,849	3,441	11,955	17,840	18,149
Other Financing Activities, net	-	-	-	-	0.00	0.00	748	2,049	1,469	625	673
Other Net Changes in Cash	-	-	-	-	-	-47	9.30	-30	-2.80	38	26

This table details how cash moves in and out of Mosaic's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Change in Cash & Equivalents	164	-39	-241	-14	3.20	-18	-65	-26	24	-125	121
Net Cash From Operating Activities	1,073	647	538	-80	847	313	219	43	610	229	-56
Net Cash From Continuing Operating Activities	1,073	647	517	-80	847	313	219	43	610	229	-56
Net Income / (Loss) Continuing Operations	379	3.10	368	57	-151	131	166	250	420	424	-518
Consolidated Net Income / (Loss)	379	3.10	368	57	-151	131	166	250	420	424	-518
Depreciation Expense	244	239	258	241	264	238	282	243	262	277	268
Amortization Expense	-	-	-	-	-	-	-	-	-	11	9.40
Non-Cash Adjustments To Reconcile Net Income	-54	195	11	129	319	-197	-198	10	-300	-110	352
Changes in Operating Assets and Liabilities, net	503	211	-120	-506	414	141	-67	-460	205	-373	-167
Net Cash From Investing Activities	-312	-422	-362	-388	-349	-248	-277	-341	-319	-363	-287
Net Cash From Continuing Investing Activities	-312	-422	-362	-388	-349	-248	-277	-341	-319	-363	-287
Purchase of Property, Plant & Equipment	-310	-412	-359	-383	-334	-241	-294	-341	-305	-364	-350
Purchase of Investments	-207	-228	-201	-625	-106	-431	-368	-103	-395	-101	-377
Sale and/or Maturity of Investments	206	215	197	620	78	421	382	97	380	101	371
Other Investing Activities, net	0.40	2.60	0.40	0.10	13	2.90	3.30	5.40	0.90	1.60	-11
Net Cash From Financing Activities	-607	-254	-411	458	-489	-138	37	272	-285	3.80	461
Net Cash From Continuing Financing Activities	-607	-254	-411	458	-489	-138	37	272	-285	3.80	461
Repayment of Debt	-2,572	-1,724	-5,931	-4,849	-3,800	-4,372	-5,038	-3,846	-3,730	-4,605	-5,889
Payment of Dividends	-91	-66	-83	-78	-71	-73	-81	-71	-77	-76	-77
Issuance of Debt	2,369	1,776	4,284	4,991	3,434	4,658	4,757	3,987	3,518	4,790	5,855
Other Financing Activities, net	-312	-90	1,469	502	0.30	-301	424	202	4.00	-105	572
Other Net Changes in Cash	9.20	-10	-6.20	-3.80	-6.20	55	-	-0.40	18	5.50	3.30

This table presents Mosaic's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	17,390	16,841	18,633	20,119	19,299	19,790	22,036	23,386	23,033	22,924	24,480
Total Current Assets	4,143	3,058	4,343	4,237	3,718	3,521	5,325	6,557	4,745	4,498	5,238
Cash & Equivalents	1,276	673	2,154	848	519	574	770	735	349	273	277
Accounts Receivable	675	628	643	839	804	881	1,532	1,700	1,269	1,113	1,079
Inventories, net	1,564	1,391	1,547	2,270	2,076	1,739	2,741	3,543	2,523	2,548	3,363
Other Current Assets	629	366	-	281	319	327	283	578	604	564	446
Other Current Nonoperating Assets	-	-	-	-	-	-	-	-	-	0.00	74
Plant, Property, & Equipment, net	8,721	9,199	0.00	11,747	11,690	11,854	12,475	12,679	13,585	13,353	13,983
Total Noncurrent Assets	4,525	4,585	1,694	4,136	3,890	4,414	4,236	4,151	4,702	5,073	5,260
Long-Term Investments	981	1,063	-	827	764	673	692	886	909	1,533	1,848
Goodwill	1,595	1,631	1,694	1,708	1,157	1,173	1,172	1,116	1,139	1,061	1,005
Noncurrent Deferred & Refundable Income Taxes	692	836	-	344	515	1,179	997	752	1,079	958	812
Other Noncurrent Operating Assets	1,257	1,054	-	1,258	1,454	1,389	1,375	1,396	1,576	1,520	1,595
Total Liabilities & Shareholders' Equity	17,390	16,841	10,394	20,119	19,299	19,790	22,036	23,386	23,033	22,924	24,480
Total Liabilities	7,825	7,218	754	9,515	9,931	10,035	11,288	11,192	10,600	11,309	12,246
Total Current Liabilities	2,047	1,477	754	2,484	2,592	3,147	4,787	5,534	3,874	4,171	3,983
Short-Term Debt	549	168	-	610	829	1,144	1,643	1,961	930	1,295	1,283
Accounts Payable	521	472	-	781	680	769	1,261	1,293	1,167	1,157	1,172
Accrued Expenses	978	837	754	1,093	1,082	1,233	1,884	2,280	1,777	1,720	1,473
Other Current Nonoperating Liabilities	-	-	-	-	-	-	-	-	-	0.00	55
Total Noncurrent Liabilities	5,778	5,741	0.00	7,031	7,339	6,888	6,501	5,658	6,726	7,138	8,263
Long-Term Debt	3,770	3,779	-	4,492	4,526	4,074	3,382	2,412	3,232	3,332	4,251
Noncurrent Deferred & Payable Income Tax Liabilities	977	1,009	-	1,081	1,041	1,061	1,016	1,010	1,066	943	1,001
Other Noncurrent Operating Liabilities	1,031	953	-	1,459	1,773	1,754	2,102	2,236	2,429	2,863	3,011
Total Equity & Noncontrolling Interests	9,565	9,623	9,639	10,605	9,368	9,755	10,749	12,194	12,433	11,615	12,234
Total Preferred & Common Equity	9,532	9,585	9,570	10,397	9,186	9,581	10,604	12,055	12,290	11,482	12,085
Preferred Stock	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	9,532	9,585	9,570	10,397	9,186	9,581	10,604	12,055	12,290	11,482	12,085
Common Stock	9.90	33	-	990	862	877	482	3.40	3.20	5.30	32
Retained Earnings	11,015	10,863	10,631	11,065	9,922	10,511	12,014	14,203	14,242	13,926	14,184
Accumulated Other Comprehensive Income / (Loss)	-1,493	-1,312	-1,062	-1,657	-1,598	-1,806	-1,892	-2,152	-1,955	-2,449	-2,132
Noncontrolling Interest	33	38	-	207	182	174	144	140	143	132	149

This table presents Mosaic's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025
Total Assets	22,858	23,140	22,654	23,033	22,873	22,567	23,292	22,924	23,166	24,305	24,668
Total Current Assets	5,853	5,712	5,157	4,745	4,655	4,759	4,971	4,498	4,595	5,018	5,076
Cash & Equivalents	465	626	591	349	337	322	302	273	259	286	153
Accounts Receivable	1,426	1,222	1,399	1,269	1,213	1,286	1,032	1,113	1,067	1,114	1,060
Inventories, net	3,320	3,149	2,453	2,523	2,603	2,554	2,923	2,548	2,783	3,067	3,279
Other Current Assets	642	715	713	604	503	598	715	564	486	550	583
Plant, Property, & Equipment, net	12,789	13,095	13,140	13,585	13,461	13,270	13,683	13,353	13,517	13,975	13,997
Total Noncurrent Assets	4,215	4,334	4,358	4,702	4,757	4,538	4,637	5,073	5,054	5,312	5,595
Long-Term Investments	880	893	911	909	932	954	960	1,533	1,418	1,630	1,941
Goodwill	1,119	1,139	1,115	1,139	1,118	1,106	1,117	1,061	1,065	1,106	1,092
Noncurrent Deferred & Refundable Income Taxes	764	794	802	1,079	1,120	918	994	958	1,020	1,037	1,018
Other Noncurrent Operating Assets	1,452	1,508	1,530	1,576	1,586	1,560	1,566	1,520	1,551	1,539	1,544
Total Liabilities & Shareholders' Equity	22,858	23,140	22,654	23,033	22,873	22,567	23,292	22,924	23,166	24,305	24,668
Total Liabilities	10,801	10,585	10,447	10,600	10,709	10,736	11,330	11,309	11,249	11,720	11,731
Total Current Liabilities	5,168	4,839	4,696	3,874	4,020	4,119	4,176	4,171	4,091	4,417	4,450
Short-Term Debt	2,379	1,791	1,855	930	1,600	1,272	1,269	1,295	1,652	1,482	1,599
Accounts Payable	1,027	1,233	1,106	1,167	850	1,055	1,178	1,157	936	1,263	1,215
Accrued Expenses	1,761	1,815	1,736	1,777	1,571	1,792	1,728	1,720	1,504	1,671	1,636
Total Noncurrent Liabilities	5,633	5,745	5,751	6,726	6,689	6,618	7,155	7,138	7,158	7,304	7,281
Long-Term Debt	2,409	2,423	2,402	3,232	3,222	3,194	3,197	3,332	3,330	3,331	3,372
Noncurrent Deferred & Payable Income Tax Liabilities	1,013	1,031	1,018	1,066	1,039	1,031	1,102	943	945	991	971
Other Noncurrent Operating Liabilities	2,212	2,291	2,331	2,429	2,428	2,392	2,855	2,863	2,883	2,981	2,938
Total Equity & Noncontrolling Interests	12,057	12,555	12,207	12,433	12,164	11,830	11,961	11,615	11,917	12,585	12,937
Total Preferred & Common Equity	11,894	12,405	12,050	12,290	12,019	11,681	11,809	11,482	11,771	12,435	12,781
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	11,894	12,405	12,050	12,290	12,019	11,681	11,809	11,482	11,771	12,435	12,781
Common Stock	3.30	11	3.30	3.20	3.20	3.20	4.80	5.30	12	20	26
Retained Earnings	13,997	14,365	14,157	14,242	14,109	13,907	13,915	13,926	14,094	14,504	14,845
Accumulated Other Comprehensive Income / (Loss)	-2,106	-1,971	-2,110	-1,955	-2,093	-2,229	-2,111	-2,449	-2,335	-2,089	-2,091
Noncontrolling Interest	163	150	157	143	145	150	153	132	146	150	156

This table displays calculated financial ratios and metrics derived from Mosaic's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	317,407,877.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	317,407,877.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.70
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	1,164	417	-151	799	-766	1,733	1,805	3,523	1,159	254	388
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	21.27%	6.99%	1.56%	2.18%
Earnings before Interest and Taxes (EBIT)	1,201	355	512	718	-1,073	362	2,394	4,780	1,455	-24	1,401
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,941	1,066	1,178	1,552	-196	1,209	3,207	5,714	2,416	1,038	2,494
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,104	210	8,554	-10,105	-174	1,447	1,219	2,890	769	1,154	-802
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	11,627	11,833	3,129	14,032	13,440	13,726	14,313	14,946	15,336	14,436	15,625
Increase / (Decrease) in Invested Capital	60	207	-8,704	10,903	-592	286	586	634	390	-901	1,190
Book Value per Share	$27.04	$27.37	$27.26	$26.97	$24.25	$25.27	$27.98	$35.40	$37.60	$36.15	$38.07
Tangible Book Value per Share	$22.51	$22.71	$22.44	$22.54	$21.20	$22.18	$24.89	$32.13	$34.12	$32.81	$34.91
Total Capital	13,883	13,570	9,639	15,707	14,723	14,973	15,774	16,568	16,594	16,242	17,768
Total Debt	4,318	3,947	0.00	5,102	5,355	5,218	5,025	4,373	4,161	4,627	5,534
Total Long-Term Debt	3,770	3,779	0.00	4,492	4,526	4,074	3,382	2,412	3,232	3,332	4,251
Net Debt	2,062	2,211	-2,154	3,428	4,072	3,971	3,564	2,752	2,904	2,821	3,409
Capital Expenditures (CapEx)	1,000	843	820	955	1,272	1,171	1,289	1,247	1,402	1,252	1,280
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,369	1,076	1,435	1,516	1,437	945	1,412	2,249	1,452	1,349	2,261
Debt-free Net Working Capital (DFNWC)	2,645	1,749	3,589	2,364	1,956	1,519	2,181	2,984	1,801	1,622	2,538
Net Working Capital (NWC)	2,096	1,581	3,589	1,753	1,127	375	538	1,023	871	327	1,255
Net Nonoperating Expense (NNE)	162	115	-46	329	324	1,068	170	-91	-50	52	-187
Net Nonoperating Obligations (NNO)	2,062	2,211	-6,510	3,428	4,072	3,971	3,564	2,752	2,904	2,821	3,391
Total Depreciation and Amortization (D&A)	740	711	666	835	877	848	813	934	961	1,062	1,093
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.79	$0.85	($0.31)	$1.22	($2.78)	$1.76	$4.31	$10.17	$3.52	$0.55	$1.70
Adjusted Weighted Average Basic Shares Outstanding	358.50M	350.40M	350.90M	384.80M	383.80M	379M	378.10M	352.40M	331.30M	319.80M	317.30M
Adjusted Diluted Earnings per Share	$2.78	$0.85	($0.31)	$1.22	($2.78)	$1.75	$4.27	$10.06	$3.50	$0.55	$1.70
Adjusted Weighted Average Diluted Shares Outstanding	360.30M	351.70M	350.90M	386.40M	383.80M	381.30M	381.60M	356M	333.20M	320.70M	318.90M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	352.52M	350.24M	385.23M	385.47M	378.76M	758.19M	736.62M	672.97M	321.69M	316.94M	317.51M
Normalized Net Operating Profit after Tax (NOPAT)	1,164	223	326	799	257	289	1,921	3,523	1,159	435	755
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from Mosaic's official financial filings.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	317,407,877.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	317,407,877.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-1.64
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	285	102	316	130	163	84	82	270	181	240	-71
Return On Investment Capital (ROIC_SIMPLE)	-	-	1.91%	-	-	-	0.51%	1.60%	1.04%	1.34%	-0.40%
Earnings before Interest and Taxes (EBIT)	511	-1.20	359	73	-28	216	-285	354	617	645	-215
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	755	238	617	314	236	454	-3.00	597	879	932	63
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	102	133	-74	-86	394	-120	983	765	-280	-407	-1,261
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	15,251	14,963	15,336	15,716	15,020	15,167	14,436	15,221	15,482	15,814	15,625
Increase / (Decrease) in Invested Capital	183	-31	390	216	-230	204	-901	-496	461	647	1,190
Book Value per Share	$37.35	$36.27	$37.60	$37.31	$36.34	$37.06	$36.15	$37.14	$39.20	$40.27	$38.07
Tangible Book Value per Share	$33.92	$32.91	$34.12	$33.84	$32.90	$33.55	$32.81	$33.78	$35.71	$36.83	$34.91
Total Capital	16,770	16,464	16,594	16,985	16,296	16,428	16,242	16,898	17,398	17,908	17,768
Total Debt	4,214	4,257	4,161	4,821	4,466	4,467	4,627	4,981	4,813	4,971	5,534
Total Long-Term Debt	2,423	2,402	3,232	3,222	3,194	3,197	3,332	3,330	3,331	3,372	4,251
Net Debt	2,695	2,756	2,904	3,553	3,190	3,205	2,821	3,304	2,897	2,877	3,409
Capital Expenditures (CapEx)	310	412	359	383	334	241	294	341	305	364	350
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2,037	1,725	1,452	1,898	1,590	1,763	1,349	1,896	1,797	2,072	2,261
Debt-free Net Working Capital (DFNWC)	2,663	2,316	1,801	2,234	1,912	2,065	1,622	2,155	2,083	2,225	2,538
Net Working Capital (NWC)	872	461	871	635	640	796	327	504	601	626	1,255
Net Nonoperating Expense (NNE)	-94	99	-52	74	314	-47	-84	20	-239	-184	448
Net Nonoperating Obligations (NNO)	2,695	2,756	2,904	3,553	3,190	3,205	2,821	3,304	2,897	2,877	3,391
Total Depreciation and Amortization (D&A)	244	239	258	241	264	238	282	243	262	288	278
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.11	($0.01)	$1.12	$0.14	($0.50)	$0.38	$0.53	$0.75	$1.29	$1.30	($1.64)
Adjusted Weighted Average Basic Shares Outstanding	332.20M	331.50M	331.30M	322.10M	321.20M	318.40M	319.80M	317M	317.30M	317.40M	317.30M
Adjusted Diluted Earnings per Share	$1.11	($0.01)	$1.12	$0.14	($0.50)	$0.38	$0.53	$0.75	$1.29	$1.29	($1.63)
Adjusted Weighted Average Diluted Shares Outstanding	333.70M	331.50M	333.20M	323.50M	321.20M	319.40M	320.70M	318.20M	319M	319.40M	318.90M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	664.56M	653.67M	321.69M	642.79M	637.28M	317.65M	316.94M	317.23M	317.38M	317.41M	317.51M
Normalized Net Operating Profit after Tax (NOPAT)	285	102	195	130	163	84	82	270	181	240	-71
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

Financials Breakdown Chart

Key Financial Trends

Here are the key trends from Mosaic (NYSE: MOS) across the last four years of quarterly statements, focusing on cash flow, earnings, and balance sheet resilience. The bullets are organized to highlight potential positives first, then neutral observations, and finally negatives.

Over the four quarters of 2025, Mosaic generated roughly $0.70 billion in net cash from operating activities, indicating the business can convert sales to cash despite quarterly swings.
Net income from continuing operations was positive in three of the four 2025 quarters, with Q3 2025 around $423.8 million and Q2 2025 around $418.3 million, suggesting an underlying profitability trend despite a weaker Q4.
The balance sheet shows a robust equity position, with total equity around $12.0–12.9 billion across the latest quarters, providing a cushion for earnings volatility.
Mosaic accessed the debt markets multiple times in 2024–2025, with sizable debt issuances helping to fund capital expenditures and working capital needs, which can bolster near‑term liquidity.
Revenue in 2025 remained within a relatively stable band (roughly mid-to-low tens of billions for the year’s quarters combined), with a notable Q3 peak and quarterly seasonality, indicating a relatively stable topline.
Capital expenditures remain substantial, with quarterly purchases of property, plant & equipment typically around $0.3–0.4 billion, contributing to persistent investing cash outflows.
Q4 2025 delivered a large net loss of about $518.4 million, marking a significant quarterly profitability drop after stronger prior quarters.
Gross margin and operating income weakened in Q4 2025 (gross profit about $342.6 million on revenue $2.97 billion; operating income roughly -$101.2 million), signaling near‑term profitability pressure.
Working capital dynamics showed up as cash outflows related to operating assets and liabilities in quarters like Q4 2025 (net cash from operating assets and liabilities around -$166.9 million), highlighting liquidity headwinds tied to working capital moves.
Higher leverage from repeated debt issuances increases interest expense and refinancing risk, which could press cash flows if earnings do not keep pace.

05/11/26 09:44 PM ETAI Generated. May Contain Errors.

Mosaic Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Mosaic's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Mosaic's net income appears to be on an upward trend, with a most recent value of $575.40 million in 2025, falling from $1.00 billion in 2015. The previous period was $202 million in 2024. See Mosaic's forecast for analyst expectations on what's next for the company.

Mosaic's total operating income in 2025 was $821.50 million, based on the following breakdown:

Total Gross Profit: $1.90 billion
Total Operating Expenses: $1.08 billion

Over the last 10 years, Mosaic's total revenue changed from $8.90 billion in 2015 to $12.05 billion in 2025, a change of 35.5%.

Mosaic's total liabilities were at $12.25 billion at the end of 2025, a 8.3% increase from 2024, and a 56.5% increase since 2015.

In the past 10 years, Mosaic's cash and equivalents has ranged from $272.80 million in 2024 to $2.15 billion in 2017, and is currently $276.60 million as of their latest financial filing in 2025.

Over the last 10 years, Mosaic's book value per share changed from 27.04 in 2015 to 38.07 in 2025, a change of 40.8%.

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Financial statements for NYSE:MOS last updated on 3/4/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Mosaic (MOS) Financials

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Mosaic (MOS) Financials

Annual Income Statements for Mosaic

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Quarterly Metrics And Ratios for Mosaic

Financials Breakdown Chart

Key Financial Trends

Mosaic Financials - Frequently Asked Questions

When does Mosaic's fiscal year end?

How has Mosaic's net income changed over the last 10 years?

What is Mosaic's operating income?

How has Mosaic's revenue changed over the last 10 years?

How much debt does Mosaic have?

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How has Mosaic's book value per share changed over the last 10 years?

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