Operating Profit Margin
since 2005
Calculation
Mosaic Co., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating earnings (loss)1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 19.98% | = | 100 | × | 2,468,500) | ÷ | 12,357,400) |
| Dec 31, 2020 | 4.76% | = | 100 | × | 412,900) | ÷ | 8,681,700) |
| Dec 31, 2019 | -12.29% | = | 100 | × | (1,094,900) | ÷ | 8,906,300) |
| Dec 31, 2018 | 9.68% | = | 100 | × | 928,300) | ÷ | 9,587,300) |
| Dec 31, 2017 | 6.29% | = | 100 | × | 465,700) | ÷ | 7,409,400) |
| Dec 31, 2016 | 4.45% | = | 100 | × | 319,000) | ÷ | 7,162,800) |
| Dec 31, 2015 | 14.38% | = | 100 | × | 1,278,800) | ÷ | 8,895,300) |
| Dec 31, 2014 | 14.49% | = | 100 | × | 1,311,800) | ÷ | 9,055,800) |
| May 31, 2013 | 22.15% | = | 100 | × | 2,209,600) | ÷ | 9,974,100) |
| May 31, 2012 | 23.51% | = | 100 | × | 2,611,100) | ÷ | 11,107,800) |
| May 31, 2011 | 26.81% | = | 100 | × | 2,664,200) | ÷ | 9,937,800) |
| May 31, 2010 | 18.80% | = | 100 | × | 1,270,800) | ÷ | 6,759,100) |
| May 31, 2009 | 23.31% | = | 100 | × | 2,400,900) | ÷ | 10,298,000) |
| May 31, 2008 | 28.60% | = | 100 | × | 2,806,700) | ÷ | 9,812,600) |
| May 31, 2007 | 10.67% | = | 100 | × | 616,300) | ÷ | 5,773,700) |
| May 31, 2006 | 1.99% | = | 100 | × | 105,800) | ÷ | 5,305,800) |
| May 31, 2005 | 7.24% | = | 100 | × | 318,500) | ÷ | 4,396,700) |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).
1 US$ in thousands
- Operating Earnings (Loss) Trend
- Operating earnings demonstrate considerable volatility over the observed periods. After a decline in 2006 to US$105.8 million from US$318.5 million in 2005, earnings surged sharply, peaking in 2008 at approximately US$2.81 billion. This upward trajectory was followed by fluctuations, with notable declines post-2010 and again in 2016, where earnings reduced to US$319 million. A significant downturn occurred in 2019, with operating loss reaching approximately US$1.09 billion. Recovery ensued in subsequent years, achieving US$2.47 billion by the end of 2021.
- Net Sales Trend
- Net sales generally trended upward despite intermittent fluctuations. The period started at about US$4.40 billion in 2005, increasing to a peak of nearly US$11.11 billion in 2012. A decline occurred between 2013 and 2016, hitting a low of approximately US$7.16 billion in 2016. After 2016, net sales exhibited a recovery trend, reaching a high of US$12.36 billion by 2021, indicating renewed growth momentum.
- Operating Profit Margin Pattern
- The operating profit margin mirrored the volatility observed in earnings. After a low point at 1.99% in 2006, margins sharply improved, peaking at 28.6% in 2008. Margins remained robust through 2013, staying between roughly 14% and 26%, before declining significantly to 4.45% in 2016. Margins then slightly improved, with a dip to negative territory (-12.29%) in 2019 correlating with the operating loss for that year. By 2021, the margin recovered to approximately 19.98%, reflecting an improvement in operational profitability.
- Overall Insights
- The data reveal a cyclical pattern of financial performance with periods of strong growth and profitability followed by downturns. Peak operating earnings and margins often coincide with elevated net sales, suggesting sensitivity to market conditions or operational efficiency. The sharp decline in 2019 in both operating earnings and margin points to significant challenges that year. Recovery in the following years indicates successful mitigation efforts or improved market dynamics. The increase in net sales by 2021, alongside improved margins, suggests strengthening business fundamentals and enhanced profitability.
Comparison to Competitors
Mosaic Co., operating profit margin, long-term trends, comparison to competitors
| Mosaic Co. | Linde plc | |
|---|---|---|
| Dec 31, 2021 | 19.98% | 16.19% |
| Dec 31, 2020 | 4.76% | 12.19% |
| Dec 31, 2019 | -12.29% | 10.39% |
| Dec 31, 2018 | 9.68% | 35.21% |
| Dec 31, 2017 | 6.29% | 21.40% |
| Dec 31, 2016 | 4.45% | 21.25% |
| Dec 31, 2015 | 14.38% | 21.54% |
| Dec 31, 2014 | 14.49% | 21.25% |
| May 31, 2013 | 22.15% | 22.01% |
| May 31, 2012 | 23.51% | 21.71% |
| May 31, 2011 | 26.81% | 21.93% |
| May 31, 2010 | 18.80% | 20.58% |
| May 31, 2009 | 23.31% | 17.59% |
| May 31, 2008 | 28.60% | 17.44% |
| May 31, 2007 | 10.67% | 19.00% |
| May 31, 2006 | 1.99% | 18.25% |
| May 31, 2005 | 7.24% | 16.89% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).