The Mosaic Company (MOS)

Sector: Materials|Industry: Agricultural Inputs|Market Cap: $8.07B|Employees: 14K


The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name. The company also produces and sells potash for use in the manufacturing of mixed crop nutrients and animal feed ingredients, and for industrial use; and for use in the de-icing and as a water softener regenerant. In addition, it provides nitrogen-based crop nutrients, animal feed ingredients, and other ancillary services; and purchases and sells phosphates, potash, and nitrogen products. The company sells its products to wholesale distributors, retail chains, farmers, cooperatives, independent retailers, and national accounts. The company was incorporated in 2004 and is headquartered in Tampa, Florida.

  1. Filings

Filing Highlights

Financial Performance

The 10-K filing reports a decrease in net sales from $19,125.2 million in 2022 to $13,696.1 million in 2023. This significant decrease suggests a weakening in the company's revenue generation capabilities.

The 10-K filing shows a substantial decrease in gross margin from $5,755.8 million in 2022 to $2,210.6 million in 2023. This indicates that the company is facing difficulties in maintaining profitability, potentially due to increased costs or decreased selling prices.

The 10-K filing reveals a significant decline in operating earnings from $4,785.3 million in 2022 to $1,338.1 million in 2023. This suggests that the company is struggling to manage its operational costs effectively, leading to reduced profitability.

Growth & Strategy

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Operational Efficiency

Innovation & Technology

Capital Allocation

ESG Initiatives

Market Environment