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The Mosaic Co (The Mosaic Co) ROE %

: 12.01% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. The Mosaic Co's annualized net income for the quarter that ended in Dec. 2023 was $1,461 Mil. The Mosaic Co's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $12,170 Mil. Therefore, The Mosaic Co's annualized ROE % for the quarter that ended in Dec. 2023 was 12.01%.

The historical rank and industry rank for The Mosaic Co's ROE % or its related term are showing as below:

MOS' s ROE % Range Over the Past 10 Years
Min: -10.9   Med: 7.82   Max: 31.62
Current: 9.6

During the past 13 years, The Mosaic Co's highest ROE % was 31.62%. The lowest was -10.90%. And the median was 7.82%.

MOS's ROE % is ranked better than
63.27% of 245 companies
in the Agriculture industry
Industry Median: 5.78 vs MOS: 9.60

The Mosaic Co ROE % Historical Data

The historical data trend for The Mosaic Co's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Mosaic Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.90 7.10 16.16 31.62 9.57

The Mosaic Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.71 14.52 12.15 -0.14 12.01

Competitive Comparison

For the Agricultural Inputs subindustry, The Mosaic Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Mosaic Co ROE % Distribution

For the Agriculture industry and Basic Materials sector, The Mosaic Co's ROE % distribution charts can be found below:

* The bar in red indicates where The Mosaic Co's ROE % falls into.



The Mosaic Co ROE % Calculation

The Mosaic Co's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=1164.9/( (12054.6+12290.2)/ 2 )
=1164.9/12172.4
=9.57 %

The Mosaic Co's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=1461.2/( (12050.3+12290.2)/ 2 )
=1461.2/12170.25
=12.01 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


The Mosaic Co  (NYSE:MOS) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1461.2/12170.25
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1461.2 / 12598)*(12598 / 22843.6)*(22843.6 / 12170.25)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.6 %*0.5515*1.877
=ROA %*Equity Multiplier
=6.4 %*1.877
=12.01 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1461.2/12170.25
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1461.2 / 1295.6) * (1295.6 / 1114) * (1114 / 12598) * (12598 / 22843.6) * (22843.6 / 12170.25)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1278 * 1.163 * 8.84 % * 0.5515 * 1.877
=12.01 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


The Mosaic Co ROE % Related Terms

Thank you for viewing the detailed overview of The Mosaic Co's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


The Mosaic Co (The Mosaic Co) Business Description

Traded in Other Exchanges
Address
101 East Kennedy Boulevard, Suite 2500, Tampa, FL, USA, 33602
Formed in 2004 by the combination of IMC Global and Cargill's fertilizer business, Mosaic is one of the largest phosphate and potash producers in the world. The company's assets include phosphate rock mines in Florida, Brazil, and Peru and potash mines in Saskatchewan, New Mexico, and Brazil. Mosaic also runs a large fertilizer distribution operation in Brazil through its Mosiac Fertilizantes business, which the company acquired from Vale in 2018.
Executives
Philip Eugene Bauer officer: Sr. VP, Gen Counsel & Corp Sec 101 EAST KENNEDY BOULEVARD, SUITE 2500, TAMPA FL 33602
Teixeira Joao Roberto Goncalves director 101 EAST KENNEDY BOULEVARD, SUITE 2500, TAMPA FL 33602
Russell A Flugel officer: Principal Accounting Officer C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
Denise C Johnson director C/O CATERPILLAR, INCORPORATED, 901 WEST WASHINGTON, CV41110, EAST PEORIA IL 61630
Gregory L Ebel director
Precourt Walter F. Iii officer: Senior VP - Potash Operations C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
Ricard Corrine D. officer: Senior VP - Human Resources C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
Mark J. Isaacson officer: VP, Gen. Counsel & Corp. Sec. C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
James Calvin O'rourke officer: EVP - Operations C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
Yijun Wang officer: SVP-Global Strategic Marketing 101 EAST KENNEDY BOULEVARD, SUITE 2500, TAMPA FL 33602
S.a. Vale director PRAIA DE BOTAFOGO, 186, RIO DE JANEIRO D5 22250-145
Gretchen H Watkins director C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BOULEVARD, SUITE 2500, TAMPA FL 33602
Benjamin James Pratt officer: SVP - Gov. & Public Affairs 101 EAST KENNEDY BOULEVARD, SUITE 2500, TAMPA FL 33602
Oscar Bernardes director 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Luciano Siani Pires director C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602

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