Company Overview

The Mosaic Company, through its subsidiaries, is a global leader in the production and marketing of concentrated phosphate and potash crop nutrients. The company also develops and advances biological solutions through its Mosaic Biosciences platform to enhance sustainable farming practices and crop performance. Incorporated in 1987 and headquartered in Tampa, Florida, Mosaic plays a critical role in global food security by providing essential fertilizers to farmers worldwide.

Business Operations

Mosaic's operations are primarily divided into three key segments: Phosphates, Potash, and Mosaic Fertilizantes. The company owns and operates mines and production facilities, enabling it to produce a wide range of crop nutrients and related products.

Core Products and Services

- Phosphates: Produces concentrated phosphate crop nutrients including diammonium phosphate (DAP), monoammonium phosphate (MAP), and MicroEssentials ammoniated phosphate products. It also offers phosphate-based animal feed ingredients under the Biofos and Nexfos brands.

- Potash: Produces and sells potash for use in mixed crop nutrients, animal feed ingredients, and industrial applications. It also produces a double sulfate of potash magnesia product under the K-Mag brand, used for deicing and as a water softener regenerant.

- Fertilizers and Ancillary Services: Offers blended crop nutrients, triple superphosphate (TSP), single superphosphate (SSP), and dicalcium phosphate. It also provides biological fertilizer complements, industrial products, and other related services.

- Infrastructure: Operates chemical plants, crop nutrient blending facilities, port terminals, and warehouse operations.

Global Market Presence

The Mosaic Company has a significant global footprint, with operations and sales across the United States, Brazil, China, Canada, Paraguay, Argentina, Japan, Colombia, India, Australia, Peru, Mexico, Honduras, the Dominican Republic, Thailand, Indonesia, and other international markets. Products are sold through a diverse network including distributors, retail chains, cooperatives, independent retailers, industrial accounts, animal feed manufacturers, wholesalers, farmers, and national accounts.

Financial Performance

Q2 2025 Results

The Mosaic Company reported a strong financial turnaround for its second quarter ended August 5, 2025.

- Net Income: Reached $411 million, a significant improvement from a loss of $162 million in the same period last year.

- Consolidated Revenues: Stood at $3,006 million.

- Adjusted EBITDA: $566 million.

- Operating Earnings: $244 million.

- Adjusted Earnings Per Share (EPS): 51 cents (down slightly from 54 cents year-over-year).

- Net Sales: Increased by nearly 6.7% year-over-year to $3,005.7 million.

Segment Performance (Q2 2025)

- Phosphates Segment: Generated net revenues of $1,173 million. Reported an operating loss of $8 million, but achieved an adjusted EBITDA of $217 million.

- Potash Segment: Delivered robust results with net revenues of $711 million, operating earnings of $194 million, and adjusted EBITDA of $278 million. Sales volume was 2.3 million tons, remaining flat year-over-year.

Market Capitalization and Financial Position

- Market Capitalization: $10.78 billion (as of September 24, 2025), showing a 1.43% increase over the last week.

- Cash and Cash Equivalents: $286.2 million at the end of the quarter, down 11.1% year-over-year.

- Long-Term Debt: $3,331.3 million, up 4.3% year-over-year.

2025 Outlook and Guidance

For the full fiscal year 2025, Mosaic has provided the following projections:

- Phosphate Production Volumes: Expected to be between 6.9 and 7.2 million tonnes.

- Potash Production Volumes: Expected to be between 9.3 and 9.5 million tonnes.

- Mosaic Fertilizantes Sales Volumes: Expected to be between 10.0 and 10.8 million tonnes.

Financial Projections:

- Total Capital Expenditures: Estimated at $1.2 billion to $1.3 billion.

- Depreciation, Depletion, and Amortization (DD&A): Expected to be in the range of $1.1 billion to $1.2 billion.

- Selling, General and Administrative (SG&A) Expenses: Forecasted between $520 million and $550 million.

- Net Interest Expense: Expected to be $180 million to $200 million.

Dividend Information

- Last Dividend Per Share: $0.22 USD.

- Dividend Yield (TTM): 2.53% (as of today).

- Dividend Frequency: Paid quarterly.

Strategic Initiatives

The Mosaic Company continues to prioritize operational efficiency and asset reliability. The company's focus on improving phosphate asset reliability is showing positive results, as indicated in recent financial reports. Mosaic also highlights its strong market access, particularly in Brazil, as a key strategic advantage in navigating the competitive global fertilizer market.

Workforce

- Total Employees: 13,770 (as of September 24, 2025).

The Mosaic Company remains a significant force in the global fertilizer industry, well-positioned to capitalize on ongoing agricultural demand. Its diversified operations and strategic positioning in key agricultural markets enable it to effectively manage market volatility and continue its market leadership.