Analysis of Profitability Ratios
Quarterly Data
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
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- Balance Sheet: Liabilities and Stockholders’ Equity
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Liquidity Ratios
- Analysis of Geographic Areas
- Enterprise Value (EV)
- Capital Asset Pricing Model (CAPM)
- Operating Profit Margin since 2005
- Return on Equity (ROE) since 2005
- Total Asset Turnover since 2005
- Price to Book Value (P/BV) since 2005
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Profitability Ratios (Summary)
Mosaic Co., profitability ratios (quarterly data)
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
- Gross profit margin
- The gross profit margin demonstrates a generally upward trajectory from March 2017 onward, starting at 11.37% and steadily increasing to reach 32.01% by June 2022. This growth reflects improving efficiency in managing production costs relative to revenue. Notable dips occurred at the end of 2019 and mid-2020, where margins declined to as low as 7.15%, likely indicating operational challenges or cost pressures during that period. However, strong recovery and growth are evident post-2020, with margins consistently rising and peaking in mid-2022.
- Operating profit margin
- The operating profit margin shows a similar but more volatile trend compared to gross profit margin. From an initial 6.29% in early 2017, it rose steadily to 10.99% by mid-2019, before experiencing a sharp decline in late 2019 and throughout 2020, reaching negative values as low as -15.48%. This indicates significant operational difficulties or increased expenses affecting profitability during that timeframe. Starting in early 2021, the margin recovered robustly, climbing to 27.79% by June 2022, reflecting improved cost control and operational efficiency.
- Net profit margin
- The net profit margin displays a generally lower and more volatile pattern, including negative values in most quarters before 2019. It began at approximately -1.45% in early 2017, fluctuated in negative territory through 2019 and 2020 with a notable trough at -15.91%, indicative of net losses. Recovery is evident beginning in early 2021, with the margin climbing steadily to 19.66% by mid-2022. This improvement aligns with the operating profit margin trends, suggesting enhanced profitability after covering all expenses and taxes.
- Return on equity (ROE)
- ROE mirrors the net profit margin both in volatility and overall trend. From -1.11% in early 2017, it remained mostly negative through 2019 and 2020, with sharp declines reaching nearly -16.71% during mid-2020. Beginning in 2021, ROE turned positive and increased steadily, reaching 27.7% by June 2022. This trend signifies a recovering and eventually strong ability to generate profits from shareholders' equity after a period of underperformance.
- Return on assets (ROA)
- ROA follows a comparable trend to ROE but with generally lower values, reflecting the efficiency of asset utilization. Starting negative at -0.58% in early 2017, it declined further during 2019 and 2020 to approximately -7.38% at its lowest, indicating inefficiencies or asset underperformance. Recovery began in 2021, with ROA increasing steadily to 13.57% by June 2022. This signals improved asset productivity alongside rising profitability metrics.
Return on Sales
Return on Investment
Gross Profit Margin
Mosaic Co., gross profit margin calculation (quarterly data)
| Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Gross margin | |||||||||||||||||||||||||||||
| Net sales | |||||||||||||||||||||||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||
| Gross profit margin1 | |||||||||||||||||||||||||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Gross Profit Margin, Competitors2 | |||||||||||||||||||||||||||||
| Linde plc | |||||||||||||||||||||||||||||
| Sherwin-Williams Co. | |||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q2 2022 Calculation
Gross profit margin = 100
× (Gross marginQ2 2022
+ Gross marginQ1 2022
+ Gross marginQ4 2021
+ Gross marginQ3 2021)
÷ (Net salesQ2 2022
+ Net salesQ1 2022
+ Net salesQ4 2021
+ Net salesQ3 2021)
= 100 × ( + + + )
÷ ( + + + )
=
2 Click competitor name to see calculations.
- Gross Margin
- The gross margin demonstrates a general upward trend over the analyzed periods. Starting from approximately $130 million in March 2017, the figure experienced fluctuations but mostly increased, with notable jumps especially from mid-2018 to the end of 2018, and more substantially from 2019 onwards. By June 2022, the gross margin reached approximately $1.846 billion, indicating significant growth. Despite some dips, such as the decline observed around December 2019, the overall trajectory is strongly positive, reflecting improving cost management or pricing power over time.
- Net Sales
- Net sales show a pattern of growth with intermittent volatility. The value rose from about $1.58 billion in March 2017 to over $5.37 billion by June 2022. Several quarters show sharp increases, like from June to September 2018 and again from March 2021 onwards, which could be linked to market expansion or increased demand. However, some periods exhibit declines or stagnation, for example, from late 2018 to early 2019 and around early 2020, potentially reflecting market challenges or external factors affecting sales volume.
- Gross Profit Margin Percentage
- The gross profit margin percentage data becomes available only starting in March 2018, initially indicating a margin of just over 11%. Since then, the margin shows a consistent and substantial increase from single digits initially to over 30% by June 2022. The margin improvement is steady and pronounced, particularly evident from 2020 onwards, suggesting enhanced operational efficiency, cost reduction, or favorable product mix impacting profitability positively.
In summary, the financial figures exhibit strong growth in both gross margin and net sales over the observed timeframe, accompanied by a marked improvement in gross profit margin percentage. While occasional fluctuations and temporary declines are present, the overall trend reflects progressive strengthening in profitability and revenue generation capacity.
Operating Profit Margin
Mosaic Co., operating profit margin calculation (quarterly data)
| Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Operating earnings (loss) | |||||||||||||||||||||||||||||
| Net sales | |||||||||||||||||||||||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||
| Operating profit margin1 | |||||||||||||||||||||||||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Operating Profit Margin, Competitors2 | |||||||||||||||||||||||||||||
| Linde plc | |||||||||||||||||||||||||||||
| Sherwin-Williams Co. | |||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q2 2022 Calculation
Operating profit margin = 100
× (Operating earnings (loss)Q2 2022
+ Operating earnings (loss)Q1 2022
+ Operating earnings (loss)Q4 2021
+ Operating earnings (loss)Q3 2021)
÷ (Net salesQ2 2022
+ Net salesQ1 2022
+ Net salesQ4 2021
+ Net salesQ3 2021)
= 100 × ( + + + )
÷ ( + + + )
=
2 Click competitor name to see calculations.
The financial data reveals several significant trends over the analyzed periods. Operating earnings exhibit marked volatility, with fluctuations between positive and negative values. Initially, operating earnings showed substantial increases from early 2017 through late 2018, peaking notably in September 2018. However, this was followed by a pronounced decline, including large operating losses recorded in late 2019 and mid-2020. From 2021 onward, operating earnings demonstrate a robust upward trajectory, culminating in substantial gains by mid-2022.
Net sales display a consistent upward trend across the entire timespan. Starting from approximately 1.58 billion US dollars in early 2017, net sales progressively increase with some seasonality evident. There are notable surges in sales during late 2018, and again from late 2021 through mid-2022, where sales exceed 5.3 billion US dollars by June 2022, indicating significant growth in revenue generation capacity.
The operating profit margin, available from the first quarter of 2018 onwards, follows a pattern reflecting the behavior of operating earnings relative to net sales. It begins in the low single digits and improves steadily through 2018 and early 2019, peaking at 10.99% in June 2019 before sharply declining to negative margins during late 2019 and through much of 2020. This downturn in profitability aligns with the negative operating earnings observed in the same period. From early 2021, the margin recovers strongly and continues to improve, reaching a high of nearly 28% by mid-2022. This suggests enhanced operational efficiency or favorable market conditions contributing to profitability despite earlier difficulties.
In summary, the data reflects a business experiencing cyclical operational profitability challenges in 2019-2020, followed by a phase of recovery and strong growth in both sales and profit margins through 2021 and 2022. The improvement in operating profit margins, coupled with increasing net sales and operating earnings, indicates a positive financial performance trend in the most recent periods analyzed.
- Operating Earnings
- Highly variable, with peaks in late 2018 and strong gains resuming in 2021 after a period of significant losses in late 2019 and 2020.
- Net Sales
- Consistent growth over time with acceleration in late 2021 and 2022, more than tripling from early 2017 to mid-2022.
- Operating Profit Margin
- Improved steadily until mid-2019, then sharply declined into negative territory during 2019-2020, followed by a strong recovery reaching new highs in 2022.
Net Profit Margin
Mosaic Co., net profit margin calculation (quarterly data)
| Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Net earnings (loss) attributable to Mosaic | |||||||||||||||||||||||||||||
| Net sales | |||||||||||||||||||||||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||
| Net profit margin1 | |||||||||||||||||||||||||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Net Profit Margin, Competitors2 | |||||||||||||||||||||||||||||
| Linde plc | |||||||||||||||||||||||||||||
| Sherwin-Williams Co. | |||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q2 2022 Calculation
Net profit margin = 100
× (Net earnings (loss) attributable to MosaicQ2 2022
+ Net earnings (loss) attributable to MosaicQ1 2022
+ Net earnings (loss) attributable to MosaicQ4 2021
+ Net earnings (loss) attributable to MosaicQ3 2021)
÷ (Net salesQ2 2022
+ Net salesQ1 2022
+ Net salesQ4 2021
+ Net salesQ3 2021)
= 100 × ( + + + )
÷ ( + + + )
=
2 Click competitor name to see calculations.
The financial performance over the observed quarterly periods exhibits notable fluctuations and directional trends across key metrics.
- Net Earnings (Loss) Attributable to Mosaic
-
Net earnings display significant volatility, with periods of both positive gains and substantial losses. Early quarters in 2017 indicate a positive trajectory, reaching peaks such as 227.5 million in September 2017, followed by a sharp decline to negative 431.1 million in December 2017. Subsequent quarters show a recovery pattern with intermittent declines, including a severe loss of 921 million in December 2019. From 2020 onward, net earnings demonstrate a robust improvement, highlighted by a substantial gain of 827.9 million in December 2020 and continuing strong performance into 2022 with values exceeding 1 billion in March and June. This suggests overall growth in profitability, despite intermittent periods of financial strain.
- Net Sales
-
Net sales generally portray an upward trend over the quarters with some seasonal variations. Starting at approximately 1.58 billion in March 2017, sales grow steadily, reaching over 2.92 billion in September 2018. A temporary decline is observed towards 2019 and early 2020, with sales dipping to around 1.79 billion in March 2020. However, the overall trajectory from this point onward is markedly positive, peaking at over 5.37 billion in June 2022. The data reflects expanding revenue generation capacity and suggests successful market demand or operational scale increases, particularly evident post-2020.
- Net Profit Margin
-
The net profit margin reveals considerable variability and a general improvement trend in recent years. The margin was negative during most of 2017 and early 2018, recording lows around -1.45% to -0.8%. Beginning in mid-2018, the margin transitions into positive territory, briefly peaking at nearly 5% before fluctuating significantly. The margins turn sharply negative again in late 2019 and early 2020, with declines reaching nearly -16%, indicating difficult operating conditions or extraordinary expenses during this period. Post-2020, profitability improves substantially, with margins climbing steadily to a high of 19.66% by mid-2022, reflecting enhanced operational efficiency, cost controls, or favorable market factors.
In summary, the data shows a company experiencing cyclical earnings volatility and sales fluctuations, with a marked recovery and sustained growth starting in late 2020. The profitability trend indicates improved performance and margins after a period of losses, aligned with increasing net sales, underscoring a strengthening financial position in recent quarters.
Return on Equity (ROE)
Mosaic Co., ROE calculation (quarterly data)
| Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Net earnings (loss) attributable to Mosaic | |||||||||||||||||||||||||||||
| Total Mosaic stockholders’ equity | |||||||||||||||||||||||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||
| ROE1 | |||||||||||||||||||||||||||||
| Benchmarks | |||||||||||||||||||||||||||||
| ROE, Competitors2 | |||||||||||||||||||||||||||||
| Linde plc | |||||||||||||||||||||||||||||
| Sherwin-Williams Co. | |||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q2 2022 Calculation
ROE = 100
× (Net earnings (loss) attributable to MosaicQ2 2022
+ Net earnings (loss) attributable to MosaicQ1 2022
+ Net earnings (loss) attributable to MosaicQ4 2021
+ Net earnings (loss) attributable to MosaicQ3 2021)
÷ Total Mosaic stockholders’ equity
= 100 × ( + + + )
÷ =
2 Click competitor name to see calculations.
- Net Earnings (Loss) Attributable to Mosaic
- The net earnings exhibit significant volatility over the reported periods. Initially, there is a loss of $900,000 in March 2017, followed by strong positive earnings peaking at $247.5 million in September 2017. The subsequent quarter experiences a sharp loss of $431.1 million before recovering to moderate positive earnings through 2018. However, 2019 shows a decline with negative earnings in mid-year and a significant loss of $921 million in December. The first half of 2020 remains negative, but a substantial turnaround occurs in the last half of 2020 and throughout 2021, with earnings reaching up to $827.9 million in December 2020 and continuing to grow into 2022, peaking at $1.185 billion in June 2022.
- Total Mosaic Stockholders’ Equity
- The equity base increases gradually from approximately $9.62 billion in early 2017 to a peak of around $10.42 billion at the end of 2018. A marked decline follows, especially during 2019 and early 2020, dipping to about $8.39 billion by March 2020. The equity rebounds gradually through 2020 and gains momentum in 2021, reaching approximately $11.65 billion by March 2022. The growth continues slightly into mid-2022, ending at about $11.75 billion, indicating a recovery and strengthening of the equity position following earlier declines.
- Return on Equity (ROE)
- ROE values, although incomplete before 2017 Q4, show a generally negative performance through 2017 and 2018, with values ranging from -1.11% to -0.7%, followed by a quick recovery to positive returns mid-2018. The period from late 2018 to mid-2020 sees substantial negative returns, hitting a low of -16.71%. Post mid-2020, there is a notable positive reversal with ROE increasing steadily, reaching double digits in 2021 and peaking at 27.7% by mid-2022. This trend reflects improved profitability relative to equity, coinciding with the recovery evidenced in net earnings and stockholders’ equity.
- Summary of Trends
- Overall, the company experienced high earnings volatility, with periods of substantial losses particularly in late 2017, 2019, and early 2020. These losses were accompanied by declines in stockholders’ equity. However, beginning in late 2020, there is a pronounced recovery, with net earnings turning strongly positive and equity increasing accordingly. ROE trends align with these movements, illustrating a shift from negative to increasingly favorable returns on equity. The data suggests marked cyclical fluctuations with a recent phase of financial strength and improved profitability.
Return on Assets (ROA)
Mosaic Co., ROA calculation (quarterly data)
| Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Net earnings (loss) attributable to Mosaic | |||||||||||||||||||||||||||||
| Total assets | |||||||||||||||||||||||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||
| ROA1 | |||||||||||||||||||||||||||||
| Benchmarks | |||||||||||||||||||||||||||||
| ROA, Competitors2 | |||||||||||||||||||||||||||||
| Linde plc | |||||||||||||||||||||||||||||
| Sherwin-Williams Co. | |||||||||||||||||||||||||||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q2 2022 Calculation
ROA = 100
× (Net earnings (loss) attributable to MosaicQ2 2022
+ Net earnings (loss) attributable to MosaicQ1 2022
+ Net earnings (loss) attributable to MosaicQ4 2021
+ Net earnings (loss) attributable to MosaicQ3 2021)
÷ Total assets
= 100 × ( + + + )
÷ =
2 Click competitor name to see calculations.
- Net Earnings (Loss) Attributable
- The net earnings show significant volatility over the reported periods. Starting with a loss of $900,000 in the first quarter of 2017, the company experienced strong positive earnings in subsequent quarters such as $227.5 million in Q3 2017. However, substantial losses were recorded toward the end of 2017 and the first quarter of 2020, with the largest loss reaching $921 million in Q4 2019. From mid-2020 onwards, the earnings trend improved markedly, with positive results rebounding to $827.9 million in Q4 2020 and maintaining consistent profitability through 2021 and into 2022, culminating in $1.0359 billion in Q2 2022. This pattern indicates periods of financial distress alternating with recovery phases, reflecting possibly cyclical or external factor impacts on profitability.
- Total Assets
- Total assets demonstrate a general upward trend over the period, rising from $17.1 billion in Q1 2017 to $23.9 billion by Q2 2022. The asset base grew steadily through most quarters, with minor fluctuations such as a slight dip in Q4 2019. The continuous asset growth suggests investment in asset expansion or asset revaluation contributing to the strengthening of the company’s balance sheet during the period.
- Return on Assets (ROA)
- The ROA displays significant variation reflecting the volatility in earnings. Early in the dataset, negative ROA values occurred in late 2017, bottoming around -0.58% to -0.31%. Subsequently, ROA improved to positive values exceeding 2% in 2018 and early 2019. However, a sharp decline to deeply negative figures occurred in late 2019 and early 2020, correlating with net losses during the same period (down to about -7.38%). Starting mid-2020, ROA turned positive again and showed a marked improvement, increasing steadily to reach 13.57% by Q2 2022. The improving ROA in the latter periods highlights more efficient asset utilization and stronger profitability consistent with the earnings recovery seen.
- Overall Trends and Insights
- The data reflect a company experiencing significant cyclical fluctuations affecting profitability and efficiency, with strong rebounds following substantial losses. Asset growth remained relatively stable and positive, supporting operational capabilities. The sharp swings in both net earnings and ROA likely indicate exposure to volatile market conditions or operational challenges that were mitigated in recent quarters. The return to strong profitability and ROA in 2021 and 2022 suggests improved business conditions or effective management responses leading to better financial performance and asset utilization.