MOS MOSAIC CO

Overview and Growth

MOSAIC CO generated $12.05B of revenue in fiscal 2025, with net income of $540.70M and an operating cash inflow of $824.80M. At $12.05B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Revenue was 8.4% above fiscal 2024 revenue of $11.12B, marking a year-over-year increase. On a per-share basis, diluted EPS was $1.70, which connects the reported earnings outcome with the company’s diluted share count. The per-share result recorded a 209.1% increase from fiscal 2024 diluted EPS of $0.55. Asset turnover was 0.49x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

The first profit layer was $1.90B of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. The gross-profit relationship equaled 15.8% of revenue, quantifying the portion retained before operating expenses were recognized. Operating income was $821.50M, the earnings remaining from reported operations after the company’s recognized operating cost structure. Operating margin measured 6.8%, showing the portion of revenue preserved after the full set of operating costs. After all reported below-operating-line items, the company recorded net income of $540.70M for the fiscal year. The final earnings result represented 4.5% of revenue, connecting the absolute net income figure with the company’s top-line scale. Before income taxes, the company reported $1.21B of earnings, providing a bridge between the operating result and final net income. Pretax income represented 10.1% of revenue, placing earnings before tax in the context of the company’s operating scale. Income tax expense totaled $639.80M, providing the reported tax component that separates pretax and after-tax earnings. The effective relationship between income tax and positive pretax income was 52.7%, without assuming a statutory-rate comparison. Return on period-end equity was 4.4%, relating annual net income to the equity capital on the balance sheet. Net income represented 2.2% of period-end assets, placing the company’s bottom-line result against the total resource base employed.

Liquidity and Capital Structure

The company held $24.48B of assets against $12.25B of liabilities and $12.23B of equity, revealing how the asset base was financed. Current assets were $5.24B against $3.98B of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered current liabilities by 1.32x, leaving a positive buffer for near-term obligations. Reported cash and equivalents were $276.60M, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 6.9%, excluding receivables and other current assets. Liabilities represented 50.0% of total assets, quantifying the liability-funded share of the company’s resource base. The cash-to-assets relationship was 1.1%, comparing reported cash and equivalents with the full positive asset balance. Compared with $22.92B in fiscal 2024, the current asset base moved 6.8% and finished higher.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $824.80M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Against net income, operating cash flow measured 1.53x, showing the relationship between accrual earnings and operating cash. Capital expenditures used $1.36B, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital spending absorbed 164.8% of operating cash flow, quantifying the share of cash from operations directed to investment. Operating cash flow and capital spending combined to leave a $534.60M cash deficit after capital spending. The free-cash-flow deficit equaled 4.4% of revenue, showing the post-investment cash shortfall relative to sales. The free-cash-flow deficit equaled 2.2% of total assets, placing the cash shortfall against the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.