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Mosaic Co. (MOS)

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Mosaic Co. (MOS) reported revenue of $2.8 billion for Q2 FY2026, the quarter ended 30 June 2026, down 6.0% on the same quarter a year earlier. Net income was -$273 million, and diluted earnings per share $-0.86. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.

Revenue$2.8 billiondown 6.0%
Net income-$273 million
Diluted EPS$-0.86
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROE-5.6%
ROCE-1.0%
Operating margin-1.4%
Net margin-5.2%
FCF margin-7.7%
Interest covern/a
Debt to equity0.42
Cash conversionn/a
Share count, 1 year0.2%
Sales CAGR, 3 years-14.3%
Profit CAGR, 3 years-46.8%
EPS, TTM-$2.01

At the close of 21 September 2026

Price$24.07
Market cap$7.7 billion
Stock P/En/a
Price to book0.67
EV / EBITDA12.32
Dividend yield3.7%
Market cap / sales0.62
52-week high$35.93
52-week low$19.82
Price, 1 year-29.2%
Price CAGR, 3 years-12.4%
Price CAGR, 5 years-6.2%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on the one borrowings figure Mosaic Co. files, which has finance leases inside it; operating leases are a separate line. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on MOS

Filings26 in twelve months: 15 current reports (8-K), about 5 other events; 4 results of operations; 2 new financial obligation; 1 obligation accelerated; 1 regulation fd disclosure
Planned insider sales1 Form 144 notice in twelve months, $508,596; latest 19 August 2026
Options tapeput/call 0.6 by open interest on 23 September 2026; the straddle prices a 4.7% move to 25 September 2026
Holders7 of the followed funds hold it; largest FMR LLC; 6 Schedule 13D or 13G filings in twelve months
Insider trading1 sale and 1 purchase on Form 4 in twelve months
Congress1 House trade disclosed in six months
Short interest28.9 million shares short, 3.51 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue3,5483,1502,6792,8172,8112,8162,6213,0063,4522,9742,9982,824
Cost of revenue3,1392,5902,2802,4232,3942,5142,1322,4872,9002,6312,7622,609
Gross profit410560399394417302488519552343236215
Gross margin12%18%15%14%15%11%19%17%16%12%8%8%
SG&A120123107128148114123167126119136132
Operating income14627817323311599.9338244340-101-373-35.5
Operating margin4%9%6%8%4%4%13%8%10%-3%-12%-1%
Pre-tax income-18.632425.2-74.4174190313564599-264-286-301
Tax raten/a-14%25%n/a28%18%20%26%29%n/an/an/a
Net income-4.236545.2-162122169238411411-520-258-273
Net margin-0%12%2%-6%4%6%9%14%12%-17%-9%-10%
Diluted EPS-$0.01$1.12$0.14-$0.50$0.38$0.53$0.75$1.29$1.29-$1.63-$0.81-$0.86
Operating cash flow647538-80.084731321942.9610228-56.1104167
Capital expenditure412359383334241294341305364350357320
Free cash flow236179-46351372.1-74.8-298305-136-406-253-153
Buybacks15015010852.050.025.00.00.00.00.0n/an/a
Dividends paid66.465.169.767.766.866.570.970.169.569.970.869.9
Shares outstanding328m324m321m320m318m317m317m317m317m317m318m318m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 8 fiscal years and the trailing twelve months

FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue9,5878,9068,68212,35719,12513,69611,12312,05212,248
Cost of revenue8,0898,0097,6179,15713,36911,4869,61110,15010,903
Gross profit1,4988971,0653,2005,7562,2111,5121,9021,345
Gross margin15.6%10.1%12.3%25.9%30.1%16.1%13.6%15.8%11.0%
Selling, general and administrative341354372430498500497534512
Operating income928-1,0954132,4684,7851,338622822-170
Operating margin9.7%-12.3%4.8%20.0%25.0%9.8%5.6%6.8%-1.4%
Interest expense216216214194169189230242n/a
Pre-tax income552-1,2561812,2254,6421,3263151,213-251
Income tax77.1-225-5785981,224177187640366
Effective tax rate14.0%n/a-319.8%26.9%26.4%13.3%59.2%52.7%n/a
Net income470-1,0676661,6313,5831,165175541-638
Net margin4.9%-12.0%7.7%13.2%18.7%8.5%1.6%4.5%-5.2%
Diluted EPS$1.22-$2.78$1.75$4.27$10.06$3.50$0.55$1.70-$2.01
Filing10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow and capital returned

FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow1,4101,0951,5832,1873,9362,4071,299825444
Capital expenditure9541,2721,1711,2891,2471,4021,2521,3591,391
Free cash flow455-1774128982,6881,00547.4-535-947
Free cash flow margin4.7%-2.0%4.7%7.3%14.1%7.3%0.4%-4.4%-7.7%
Depreciation and amortisation8848838488139349611,0261,0501,154
Share-based compensation27.527.917.829.527.933.031.830.731.1
Buybacks0.01500.04111,6657562350.0n/a
Dividends paid38.567.275.8104198352271280280
Dividend per share$0.10$0.20$0.20$0.45$0.60$0.85$0.85$0.88n/a
Diluted shares, weighted386m384m381m382m356m333m321m319m318m
Shares outstanding at period end385m379m379m379m339m324m317m317m318m
Filing10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Total assets20,11919,29819,79022,03623,38623,03322,92424,48024,641
Cash and equivalents848519574770735349273277294
Receivables8388048811,5321,7001,2691,1131,079860
Inventory2,2702,0761,7392,7413,5432,5232,5483,3633,668
Goodwill1,7081,1571,1731,1721,1161,1391,0611,005969
Long-term debt including finance leases4,4924,5264,0743,3822,4123,2323,3324,2514,768
Operating lease liabilities0.012711064.3135168181166154
Finance lease liabilitiesn/a30329517212367.3114144n/a
Shareholders' equity10,3979,1869,58110,60412,05512,29011,48212,08511,464
Filing10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a6.8%-14.3%8.8%
Profit growth, compoundedn/a-4.1%-46.8%n/a
Return on equity, averagen/a12.1%5.2%4.5%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Agricultural Chemicals

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
CF Industries Holdings, Inc. CF$18.7 billion9.1636.5%41.1%20.0%0.561.6%
Mosaic Co. MOS$7.7 billionn/a-5.6%-1.4%8.8%0.423.7%

The names on this site in the same industry (the SEC's SIC description), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 202611 May 2026EDGAR
10-K/A31 December 202517 March 2026EDGAR
10-K31 December 202527 February 2026EDGAR
10-Q30 September 20255 November 2025EDGAR
10-Q30 June 20256 August 2025EDGAR
10-Q31 March 20257 May 2025EDGAR
10-K31 December 20243 March 2025EDGAR
10-Q30 September 202412 November 2024EDGAR
10-Q30 June 20247 August 2024EDGAR

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