The Mosaic Co

MOS

Equity

ISIN US61945C1036 / Valor 13007611

New York Stock Exchange, Inc (2024-12-24)

USD 24.27-0.04%

The Mosaic Co
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About company

The Mosaic Company is a key player in the global agriculture sector, specializing in the extraction, production, and distribution of potash and phosphate fertilizers. These products are essential for maintaining soil health and enhancing crop yields, addressing a critical need in the agricultural industry for sustainable and effective cultivation solutions. By providing millions of tonnes of high-quality fertilizers annually, Mosaic plays a pivotal role in supporting global food production. The company's operations ensure that farmers worldwide have access to the nutrients required to optimize their crop outputs, thereby contributing significantly to the agricultural supply chain and food security.

Summarized from source with an LLMView SourceSector: Industrials

Net Income

The Mosaic Company reported a net income of $122 million for the third quarter of 2024. This translates to earnings of $0.38 per diluted share, reflecting the company's ability to maintain profitability despite operational challenges.

Adjusted EBITDA

For the third quarter of 2024, The Mosaic Company achieved an Adjusted EBITDA of $448 million. This figure highlights the company's operational efficiency and its capacity to generate earnings before interest, taxes, depreciation, and amortization.

Phosphate Production

The Mosaic Company successfully returned its phosphate production to full operating capacity in the third quarter of 2024. This recovery follows disruptions caused by three hurricanes, and the company is on track to meet its target annual run rate by the end of the year.

Capital Return to Shareholders

In the year-to-date period of 2024, The Mosaic Company returned $415 million to its shareholders. This includes $210 million in share repurchases, demonstrating the company's commitment to delivering value to its investors.

Outlook and Resilience

The Mosaic Company emphasized its resilience in overcoming recent weather events and operational interruptions during the third quarter of 2024. The company's strategic focus on recovery and operational stability positions it well for future growth and performance.

Summarized from source with an LLMView Source

Key figures

-33.0%1Y

-38.1%3Y

13.1%5Y

Performance

32.8%1Y

42.5%3Y

52.2%5Y

Volatility