MOSAIC CO
MOS · Agricultural Chemicals · 317.8M shares · -3%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $723M (gross $756M, SBC $33M)
Reference price $25.53 · est. market cap ~$8.1B — last insider purchase, 2025-11-11 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C65Large scaled phosphate/potash producer with high net margin but mediocre ROE and sharply negative free cash flow this year.
Strengths
- Net margin 87.5th pct and ROA 77.8th pct; scale leadership in global crop nutrients with potash pricing strength
- Adequate interest coverage (3.4x, 68th pct) and current ratio above sector median
Risks
- Free cash flow -$535M (1.7th pct) and ROE only 4.5% (49th pct); gross margin weak (12.5th pct)
- Cyclical commodity exposure, tariff/CVD uncertainty, and multiple asset impairments/held-for-sale losses
Notable findings
- ImpairmentRecent 8-K item 2.06 8-K ↗
- Cash burnNegative free cash flow (-534.6M)
- Buying back stockNet buyback — share count -3%/yr over 4y
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
15.8%
Operating margin
6.8%
Net margin
4.5%
Return on equity
4.5%
Return on assets
2.2%
Revenue growth (QoQ)
0.8%
Net-income growth
209.1%
Interest coverage
3.4×
Current ratio
1.3×
Free cash flow
-$535M
EBITDA
$1.9B
Tangible book value
$11.1B
Cash & investments
$277M
Cash runway
2q
Stock comp / revenue
0.3%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-28 | EBEL GREGORY L | Option exercise | 7.3K | — |
| 2026-05-28 | Little Sonya C | Option exercise | 4.9K | — |
| 2026-05-28 | Kuzenko Jody Lynne | Option exercise | 4.9K | — |
| 2026-05-28 | WESTBROOK KELVIN R | Option exercise | 2.4K | — |
| 2026-05-28 | Gitzel Timothy S. | Option exercise | 4.9K | — |
| 2026-05-28 | Watkins Gretchen H | Option exercise | 4.9K | — |
| 2026-05-28 | Koenig Emery N. | Option exercise | 4.9K | — |
| 2026-05-28 | Teixeira Joao Roberto Goncalves | Option exercise | 4.9K | — |
| 2026-05-28 | BEEBE CHERYL K | Option exercise | 2.4K | — |
| 2026-05-28 | Shanahan Kathleen M | Option exercise | 4.9K | — |
| 2026-05-28 | Seaton David Thomas | Option exercise | 3.2K | — |
| 2026-03-09 | Wang Yijun | Tax withheld | 4.4K | $26.92 |
| 2026-03-09 | Swager Karen A | Option exercise | 12K | — |
| 2026-03-09 | Swager Karen A | Option exercise | 5.1K | — |
| 2026-03-09 | Swager Karen A | Tax withheld | 6.1K | $26.92 |
| 2026-03-09 | Flugel Russell A | Option exercise | 4.4K | — |
| 2026-03-09 | Flugel Russell A | Option exercise | 1.1K | — |
| 2026-03-09 | Flugel Russell A | Tax withheld | 2.4K | $26.92 |
| 2026-03-09 | Precourt Walter F. III | Tax withheld | 6.7K | $26.92 |
| 2026-03-09 | Bodine Bruce M. | Option exercise | 14K | — |
| 2026-03-09 | Bodine Bruce M. | Option exercise | 5.8K | — |
| 2026-03-09 | Bodine Bruce M. | Tax withheld | 7.7K | $26.92 |
| 2026-03-09 | Precourt Walter F. III | Option exercise | 12K | — |
| 2026-03-09 | Precourt Walter F. III | Option exercise | 5.1K | $26.92 |
| 2026-03-09 | Bauer Philip Eugene | Option exercise | 7.6K | — |
| 2026-03-09 | Bauer Philip Eugene | Option exercise | 3.2K | — |
| 2026-03-09 | Bauer Philip Eugene | Tax withheld | 4.3K | $26.92 |
| 2026-03-09 | Wang Yijun | Option exercise | 7.6K | — |
| 2026-03-09 | Wang Yijun | Option exercise | 3.2K | — |
| 2026-01-05 | Bauer Philip Eugene | Tax withheld | 1.7K | $25.02 |
| 2026-01-02 | Bauer Philip Eugene | Option exercise | 5.9K | — |
| 2025-11-11 | Kuzenko Jody Lynne | Buy | 685 | $25.53 |
| 2025-05-29 | BEEBE CHERYL K | Option exercise | 3.0K | — |
| 2025-05-29 | Seaton David Thomas | Option exercise | 3.9K | — |
| 2025-05-29 | Watkins Gretchen H | Option exercise | 6.0K | — |
| 2025-05-29 | Little Sonya C | Option exercise | 2.4K | — |
| 2025-05-29 | Gitzel Timothy S. | Option exercise | 6.0K | — |
| 2025-05-29 | Koenig Emery N. | Option exercise | 6.0K | — |
| 2025-05-29 | Teixeira Joao Roberto Goncalves | Option exercise | 6.0K | — |
| 2025-05-29 | Teixeira Joao Roberto Goncalves | Tax withheld | 1.8K | $35.91 |
| 2025-05-29 | Shanahan Kathleen M | Option exercise | 2.4K | — |
| 2025-05-29 | EBEL GREGORY L | Option exercise | 9.0K | — |
| 2025-05-29 | Kuzenko Jody Lynne | Option exercise | 6.0K | — |
| 2025-05-29 | WESTBROOK KELVIN R | Option exercise | 3.0K | — |
| 2025-05-29 | Precourt Walter F. III | Sell | 18K | $35.73 |
| 2025-05-23 | Flugel Russell A | Option exercise | 4.1K | — |
| 2025-05-23 | Flugel Russell A | Tax withheld | 999 | $35.10 |
| 2025-05-08 | Bodine Bruce M. | Sell | 181K | $31.56 |
| 2025-03-04 | Bodine Bruce M. | Option exercise | 5.4K | — |
| 2025-03-04 | Swager Karen A | Option exercise | 4.9K | — |
| 2025-03-04 | Precourt Walter F. III | Option exercise | 4.9K | — |
| 2025-03-04 | Bauer Philip Eugene | Option exercise | 527 | — |
| 2025-03-04 | Wang Yijun | Option exercise | 2.4K | — |
| 2025-03-03 | Pires Luciano Siani | Option exercise | 1.5K | — |
| 2025-03-03 | Bodine Bruce M. | Option exercise | 12K | — |
| 2025-03-03 | Swager Karen A | Option exercise | 11K | — |
| 2025-03-03 | Bodine Bruce M. | Tax withheld | 6.9K | $23.33 |
| 2025-03-03 | Bauer Philip Eugene | Option exercise | 2.1K | — |
| 2025-03-03 | Precourt Walter F. III | Option exercise | 11K | — |
| 2025-03-03 | Precourt Walter F. III | Tax withheld | 6.2K | $23.33 |
| 2025-03-03 | Bauer Philip Eugene | Tax withheld | 1.2K | $23.33 |
| 2025-03-03 | Wang Yijun | Option exercise | 5.4K | — |
| 2025-03-03 | Wang Yijun | Tax withheld | 3.2K | $23.33 |
| 2025-03-03 | Swager Karen A | Tax withheld | 6.5K | $23.33 |
| 2024-12-31 | Wang Yijun | Option exercise | 5.1K | — |
| 2024-12-31 | Wang Yijun | Tax withheld | 1.2K | $24.58 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-15 | 2026-06-10 | 0001285785-26-000093 ↗ |
| 8-K | 2026-05-29 | 2026-05-29 | 0001285785-26-000069 ↗ |
| 10-Q | 2026-05-11 | 2026-03-31 | 0001285785-26-000067 ↗ |
| 8-K | 2026-05-11 | 2026-05-11 | 0001285785-26-000063 ↗ |
| 8-K | 2026-04-08 | 2026-04-08 | 0001285785-26-000058 ↗ |
| 10-K/A | 2026-03-17 | 2025-12-31 | 0001285785-26-000054 ↗ |
| 10-K | 2026-02-27 | 2025-12-31 | 0001285785-26-000017 ↗ |
| 8-K | 2026-02-24 | 2025-12-31 | 0001285785-26-000013 ↗ |
| 8-K | 2026-01-16 | 2026-01-16 | 0001285785-26-000007 ↗ |
| 8-K | 2025-11-13 | 2025-11-13 | 0001193125-25-280145 ↗ |
| 10-Q | 2025-11-05 | 2025-09-30 | 0001628280-25-049494 ↗ |
| 8-K | 2025-11-04 | 2025-09-30 | 0001628280-25-048961 ↗ |