Mosaic (MOS) FY2022 results: revenue $19.1 billion, up 54.8% on the year
Mosaic Co. (MOS) reported revenue of $19.1 billion for fiscal 2022, the year ended 31 December 2022, up 54.8% on the year before. Net income was $3.6 billion, up 119.7%, and diluted earnings per share $10.06. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2023.
Revenue
$19.1 billion
+54.8% on the year
FY2015FY2022
Operating margin
25.0%
20.0% a year earlier
FY2015FY2022
Net income
$3.6 billion
+119.7% on the year
FY2015FY2022
Diluted EPS
$10.06
+135.6% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree 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
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
3,936
2,187
1,583
+80.0%
Capital expenditure
1,247
1,289
1,171
-3.2%
Free cash flow
2,688
898
412
+199.3%
Free cash flow margin
14.1%
7.3%
4.7%
Cash from investing
-1,260
-1,322
-1,190
Cash from financing
-2,679
-682
-284
Depreciation and amortisation
934
813
848
+14.9%
Share-based compensation
27.9
29.5
17.8
-5.4%
Buybacks
1,665
411
0.0
+305.3%
Dividends paid
198
104
75.8
+90.6%
Dividend per share
$0.60
$0.30
$0.20
+100.0%
Diluted shares, weighted
356m
382m
381m
-6.7%
Shares outstanding at period end
339m
379m
379m
-10.6%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
12,055
10,604
9,581
+13.7%
Non-controlling interest
140
144
174
-3.3%
Debt
4,373
5,025
5,218
-13.0%
Operating lease liabilities
135
64.3
110
+110.3%
Finance lease liabilities
123
172
295
-28.5%
Other liabilities
6,560
6,026
4,412
+8.9%
Total liabilities and equity
23,386
22,036
19,790
+6.1%
Fixed assets
12,679
12,475
11,854
+1.6%
Goodwill
1,116
1,172
1,173
-4.8%
Securities held for sale or to maturity
650
715
723
-9.1%
Cash and equivalents
735
770
574
-4.4%
Receivables
1,700
1,532
881
+11.0%
Inventory
3,543
2,741
1,739
+29.2%
Other assets
2,962
2,631
2,845
+12.6%
Total assets
23,386
22,036
19,790
+6.1%
10-K for the year ended 31 December 2022, filed 23 February 2023: the filing.