Logo

MOS

The Mosaic Company

MOS

The Mosaic Company • NYSE
$24.49 ▲ 0.95% (+0.23)
Market Cap $7.77 B
52w High $38.23
52w Low $22.36
Dividend Yield 0.87%
P/E 6.34
Volume 6.88M
Outstanding Shares 317.39M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $3.452B ▲ $212.5M ▼ $411.4M ▲ 11.917% ▼ $1.3 ▲ $935.6M ▲
Q2-2025 $3.006B ▲ $274.2M ▲ $410.7M ▲ 13.664% ▲ $1.29 ▲ $892.1M ▲
Q1-2025 $2.621B ▼ $149.9M ▼ $238.1M ▲ 9.085% ▲ $0.75 ▲ $608M ▲
Q4-2024 $2.816B ▲ $202M ▼ $169M ▲ 6.002% ▲ $0.53 ▲ $532.5M ▲
Q3-2024 $2.811B $301.4M $122.2M 4.347% $0.38 $462.7M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $153.3M ▼ $24.668B ▲ $11.73B ▲ $12.781B ▲
Q2-2025 $286.2M ▲ $24.305B ▲ $11.72B ▲ $12.435B ▲
Q1-2025 $259.2M ▼ $23.166B ▲ $11.249B ▼ $11.771B ▲
Q4-2024 $272.8M ▼ $22.924B ▼ $11.309B ▼ $11.482B ▼
Q3-2024 $301.6M $23.292B $11.33B $11.809B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $424.1M ▲ $228.5M ▼ $-362.9M ▼ $3.8M ▲ $-125.1M ▼ $-135.9M ▼
Q2-2025 $419.7M ▲ $609.5M ▲ $-318.5M ▲ $-285.2M ▼ $23.7M ▲ $304.9M ▲
Q1-2025 $250M ▲ $42.9M ▼ $-340.8M ▼ $272M ▲ $-26.3M ▲ $-297.9M ▼
Q4-2024 $169M ▲ $219.3M ▼ $-276.5M ▼ $36.7M ▲ $-27.1M ▼ $-74.8M ▼
Q3-2024 $122.2M $312.9M $-247.7M $-137.9M $-18.2M $72.1M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Mosaic Fertilizantes
Mosaic Fertilizantes
 $1.40Bn ▲$1.09Bn ▼$930.00M ▼$1.17Bn ▲
Phosphates Segment
Phosphates Segment
 $1.01Bn ▲$1.17Bn ▲$1.10Bn ▼$1.17Bn ▲
Potash Segment
Potash Segment
 $530.00M ▲$560.00M ▲$570.00M ▲$710.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Mosaic’s revenue and profits have been highly cyclical over the last five years, surging during the fertilizer price spike in the early 2020s and then retreating as prices normalized. Sales are now well below the recent peak, and profit margins have compressed sharply, especially in the most recent year. The company is still profitable, but earnings are a fraction of what they were at the cycle high, showing how sensitive results are to fertilizer pricing. Overall, the income statement tells a story of a commodity-driven boom followed by a reset to more normal conditions, with much slimmer profitability.

Balance Sheet

Balance Sheet The balance sheet looks relatively stable, with total assets moving in a narrow range and shareholder equity building over time, despite a small pullback recently. Debt levels have stayed fairly steady and appear manageable in relation to the company’s size, suggesting no obvious balance sheet stress. Cash on hand has declined from earlier highs, but not to worrying levels, given the company’s scale and ongoing operations. In short, Mosaic’s financial foundation seems solid enough to handle cyclical swings, though there is less of a cash cushion than during the boom years.

Cash Flow

Cash Flow Cash generation followed the same cycle as earnings: very strong during the peak pricing years and weaker more recently. Operating cash flow has come down materially from its high point but remains positive, indicating the core business still throws off cash even in a softer environment. Capital spending has been fairly consistent year after year, reflecting ongoing investment in mines, plants, and technology. Free cash flow has shrunk to near breakeven in the latest year, signaling that while Mosaic can fund its investments, it has much less surplus cash than during the upcycle.

Competitive Edge

Competitive Edge Mosaic benefits from owning large, high-quality phosphate and potash reserves, which gives it secure access to key raw materials and helps control costs. Its scale, vertically integrated supply chain, and global reach support efficient production and distribution into major farming regions. On top of basic commodities, it sells differentiated, performance-oriented fertilizers that can offer better crop yields and nutrient efficiency, which can strengthen customer loyalty and pricing power. The main competitive risk is that the business is still heavily tied to global fertilizer cycles and farming economics, which can quickly erode margins even for strong players.

Innovation and R&D

Innovation and R&D Innovation at Mosaic goes beyond mining efficiency to focus on smarter, higher-value fertilizers and new biological products. Technologies like Fusion™ and Nutriform® underpin brands such as MicroEssentials® and Aspire®, which are designed to deliver a more even, crop-friendly mix of nutrients and reduce waste. The company is also expanding into enhanced-efficiency fertilizers and biologics through Mosaic Biosciences, targeting better nutrient uptake, soil health, and environmental performance. Future innovation opportunities include more sustainable production methods, expanded biological solutions, and potential integration with digital and precision agriculture tools, though these areas still need to prove their long-term scale and profitability.

Summary

Mosaic is a cyclical fertilizer producer that rode a powerful upswing in prices and profitability and is now operating in a more normal, lower-margin environment. The financials show that earnings and cash flow can swing widely with the cycle, but the balance sheet appears sturdy enough to absorb downturns. The company’s control over key mineral reserves, integrated logistics, and portfolio of specialized fertilizers give it meaningful advantages versus more commodity-focused rivals. Its push into enhanced-efficiency products and biologics could add longer-term growth and differentiation, although these initiatives are still developing. Overall, Mosaic combines solid assets and technology with significant exposure to volatile global agricultural and fertilizer markets, making its performance highly dependent on where the industry sits in the cycle.

NEWS

November 18, 2025 · 8:00 AM UTC

ACE Fiber uses Adtran's Mosaic One Clarity AI solution for proactive assurance, faster resolution and fewer truck rolls

Read more

November 17, 2025 · 4:15 PM UTC

Mosaic Announces Quarterly Dividend of $0.22 Per Share

Read more

November 13, 2025 · 4:15 PM UTC

Mosaic Completes Offering of an Aggregate $900 Million of 3-Year and 5-Year Senior Notes

Read more

November 10, 2025 · 6:30 AM UTC

Mosaic Welcomes U.S. Decision to Add Phosphate and Potash to Critical Minerals List

Read more

November 5, 2025 · 8:15 AM UTC

Mosaic Acquires the Historic Golden Island Project

Read more