Analysis of Profitability Ratios
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Mosaic Co., profitability ratios
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).
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Mosaic Co. gross profit margin ratio improved from 2019 to 2020 and from 2020 to 2021. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Mosaic Co. operating profit margin ratio improved from 2019 to 2020 and from 2020 to 2021. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Mosaic Co. net profit margin ratio improved from 2019 to 2020 and from 2020 to 2021. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Mosaic Co. ROE improved from 2019 to 2020 and from 2020 to 2021. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Mosaic Co. ROA improved from 2019 to 2020 and from 2020 to 2021. |
Gross Profit Margin
Mosaic Co., gross profit margin calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Gross margin | 3,200,300) | 1,064,900) | 897,300) | 1,498,400) | 842,800) | |
| Net sales | 12,357,400) | 8,681,700) | 8,906,300) | 9,587,300) | 7,409,400) | |
| Profitability Ratio | ||||||
| Gross profit margin1 | 25.90% | 12.27% | 10.07% | 15.63% | 11.37% | |
| Benchmarks | ||||||
| Gross Profit Margin, Competitors2 | ||||||
| Linde plc | 43.03% | 43.53% | 41.04% | — | — | |
| Sherwin-Williams Co. | 42.83% | 47.29% | 44.89% | — | — | |
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).
1 2021 Calculation
Gross profit margin = 100 × Gross margin ÷ Net sales
= 100 × 3,200,300 ÷ 12,357,400 = 25.90%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Mosaic Co. gross profit margin ratio improved from 2019 to 2020 and from 2020 to 2021. |
Operating Profit Margin
Mosaic Co., operating profit margin calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Operating earnings (loss) | 2,468,500) | 412,900) | (1,094,900) | 928,300) | 465,700) | |
| Net sales | 12,357,400) | 8,681,700) | 8,906,300) | 9,587,300) | 7,409,400) | |
| Profitability Ratio | ||||||
| Operating profit margin1 | 19.98% | 4.76% | -12.29% | 9.68% | 6.29% | |
| Benchmarks | ||||||
| Operating Profit Margin, Competitors2 | ||||||
| Linde plc | 16.19% | 12.19% | 10.39% | — | — | |
| Sherwin-Williams Co. | 12.83% | 15.58% | 12.78% | — | — | |
| Operating Profit Margin, Sector | ||||||
| Chemicals | 14.87% | 13.56% | 11.32% | — | — | |
| Operating Profit Margin, Industry | ||||||
| Materials | 21.62% | 14.41% | 10.43% | — | — | |
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).
1 2021 Calculation
Operating profit margin = 100 × Operating earnings (loss) ÷ Net sales
= 100 × 2,468,500 ÷ 12,357,400 = 19.98%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Mosaic Co. operating profit margin ratio improved from 2019 to 2020 and from 2020 to 2021. |
Net Profit Margin
Mosaic Co., net profit margin calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net earnings (loss) attributable to Mosaic | 1,630,600) | 666,100) | (1,067,400) | 470,000) | (107,200) | |
| Net sales | 12,357,400) | 8,681,700) | 8,906,300) | 9,587,300) | 7,409,400) | |
| Profitability Ratio | ||||||
| Net profit margin1 | 13.20% | 7.67% | -11.98% | 4.90% | -1.45% | |
| Benchmarks | ||||||
| Net Profit Margin, Competitors2 | ||||||
| Linde plc | 12.42% | 9.18% | 8.09% | — | — | |
| Sherwin-Williams Co. | 9.35% | 11.06% | 8.61% | — | — | |
| Net Profit Margin, Sector | ||||||
| Chemicals | 11.22% | 9.94% | 8.29% | — | — | |
| Net Profit Margin, Industry | ||||||
| Materials | 13.59% | 8.58% | 5.93% | — | — | |
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).
1 2021 Calculation
Net profit margin = 100 × Net earnings (loss) attributable to Mosaic ÷ Net sales
= 100 × 1,630,600 ÷ 12,357,400 = 13.20%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Mosaic Co. net profit margin ratio improved from 2019 to 2020 and from 2020 to 2021. |
Return on Equity (ROE)
Mosaic Co., ROE calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net earnings (loss) attributable to Mosaic | 1,630,600) | 666,100) | (1,067,400) | 470,000) | (107,200) | |
| Total Mosaic stockholders’ equity | 10,604,100) | 9,581,400) | 9,185,500) | 10,397,300) | 9,617,500) | |
| Profitability Ratio | ||||||
| ROE1 | 15.38% | 6.95% | -11.62% | 4.52% | -1.11% | |
| Benchmarks | ||||||
| ROE, Competitors2 | ||||||
| Linde plc | 8.69% | 5.29% | 4.66% | — | — | |
| Sherwin-Williams Co. | 76.50% | 56.23% | 37.38% | — | — | |
| ROE, Sector | ||||||
| Chemicals | 12.24% | 8.90% | 7.19% | — | — | |
| ROE, Industry | ||||||
| Materials | 16.54% | 8.40% | 5.74% | — | — | |
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).
1 2021 Calculation
ROE = 100 × Net earnings (loss) attributable to Mosaic ÷ Total Mosaic stockholders’ equity
= 100 × 1,630,600 ÷ 10,604,100 = 15.38%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Mosaic Co. ROE improved from 2019 to 2020 and from 2020 to 2021. |
Return on Assets (ROA)
Mosaic Co., ROA calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net earnings (loss) attributable to Mosaic | 1,630,600) | 666,100) | (1,067,400) | 470,000) | (107,200) | |
| Total assets | 22,036,400) | 19,789,800) | 19,298,500) | 20,119,200) | 18,633,400) | |
| Profitability Ratio | ||||||
| ROA1 | 7.40% | 3.37% | -5.53% | 2.34% | -0.58% | |
| Benchmarks | ||||||
| ROA, Competitors2 | ||||||
| Linde plc | 4.69% | 2.83% | 2.64% | — | — | |
| Sherwin-Williams Co. | 9.02% | 9.95% | 7.52% | — | — | |
| ROA, Sector | ||||||
| Chemicals | 5.56% | 4.17% | 3.57% | — | — | |
| ROA, Industry | ||||||
| Materials | 6.65% | 3.40% | 2.43% | — | — | |
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).
1 2021 Calculation
ROA = 100 × Net earnings (loss) attributable to Mosaic ÷ Total assets
= 100 × 1,630,600 ÷ 22,036,400 = 7.40%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | Mosaic Co. ROA improved from 2019 to 2020 and from 2020 to 2021. |