The Mosaic Company (MOS) quarterly cash flow statement — complete operating, investing & financing history
The Mosaic Company (MOS) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 284.4M | 167.4M | 104.2M | -56.1M | 228.5M | 609.5M | 42.9M | 219.3M | 312.9M | 847M | -80M | 538.1M | 647.4M | 1.07B | 149M | 955.7M | 888.8M | 1.59B | 506.2M | 430.4M |
| Operating CF Margin % | 9.17% | 5.93% | 3.48% | -2.15% | 6.62% | 20.28% | 1.64% | 7.79% | 11.13% | 30.07% | -2.99% | 17.09% | 18.25% | 31.61% | 4.13% | 21.33% | 16.62% | 29.5% | 12.91% | 11.21% |
| Operating CF Growth % | 24.46% | -72.53% | 142.89% | -125.58% | -26.97% | -28.04% | 153.63% | -59.25% | -51.67% | -21.04% | -153.69% | -43.7% | -27.16% | -32.33% | -70.56% | 122.05% | 110.27% | 56.15% | 58.78% | 80.54% |
| Net Income | -65.3M | -265.5M | -254.5M | -518.4M | 424.1M | 419.7M | 250M | 169M | 122.2M | -161.5M | 45.2M | 368M | 3.1M | 369M | 434.8M | 523.2M | 856.2M | 1.04B | 1.19B | 661.4M |
| Depreciation & Amortization | 291.9M | 292.1M | 316.6M | 268.2M | 277M | 261.7M | 275.2M | 282.1M | 264.7M | 291.3M | 268M | 257.7M | 238.7M | 244.2M | 242.8M | 255M | 229.2M | 245M | 226.7M | 214.2M |
| Stock-Based Compensation | 4.6M | 7.8M | 10.3M | 6.5M | 6.5M | 8.4M | 9.3M | 5.1M | -21.2M | 11.9M | 9.3M | 6M | 6M | 8.6M | 12.4M | 5.9M | 6.5M | -900K | 16.4M | 5.2M |
| Deferred Taxes | -182.2M | -53.2M | -85.9M | 0 | 0 | 11M | -11M | -179.1M | -3.6M | 115.1M | -75.3M | -228.7M | -36.2M | 4.9M | -1.2M | 11.6M | 35.5M | 167.1M | 130.2M | -49.1M |
| Other Non-Cash Items | 28.5M | 402.5M | 189.1M | 359.5M | -48.1M | -314.9M | -89.1M | -88.8M | -232.4M | 319.8M | 136.3M | -142.8M | 240.4M | -98.3M | -52.5M | 14.5M | 90M | 300.5M | -413.8M | 54.5M |
| Working Capital Changes | 206.9M | -216.3M | -71.4M | -171.9M | -431M | 223.6M | -391.5M | 31M | 183.2M | 270.4M | -463.5M | 277.9M | 195.4M | 544.3M | -487.3M | 145.5M | -328.6M | -170.4M | -639M | -455.8M |
| Change in Receivables | -152.7M | 163.9M | 58.4M | 3.8M | 57.3M | -45M | 59.6M | -136.2M | 273.6M | -109M | 30.8M | 193.7M | -203.7M | 225.6M | 310.7M | 213.9M | 292.2M | -808.3M | 87M | -995.1M |
| Change in Inventory | 433.5M | -238.2M | -7.4M | -182.6M | -200.8M | -215.7M | -162.4M | 241.7M | -347.5M | -54.9M | -114.9M | -46.2M | 636.6M | 229.8M | 241.2M | 292.9M | -224.1M | -536.8M | -281.6M | -493.2M |
| Change in Payables | -189.8M | -24M | -66.4M | -190.5M | -287.8M | 450.6M | -331.9M | -161.4M | 219.3M | 516.2M | -477.7M | 0 | -194.8M | 109.9M | 0 | 219.8M | -373.4M | -308.2M | 0 | 995.1M |
| Cash from Investing | -286.8M | -298.1M | -369M | -287.3M | -362.9M | -318.5M | -340.8M | -276.5M | -247.7M | -349M | -387.8M | -362.2M | -422.1M | -311.5M | -221.4M | -343.1M | -354.6M | -264.7M | -297.2M | -391.7M |
| Capital Expenditures | -281.5M | -320.3M | -356.8M | -349.6M | -364.4M | -304.6M | -340.8M | -294.1M | -240.8M | -333.9M | -383M | -358.9M | -411.7M | -310.3M | -321.5M | -340.5M | -353.7M | -262.6M | -290.5M | -362.8M |
| CapEx % of Revenue | 9.08% | 11.34% | 11.9% | 13.43% | 10.56% | 10.13% | 13% | 10.44% | 8.57% | 11.85% | 14.29% | 11.4% | 11.6% | 9.14% | 8.92% | 7.6% | 6.61% | 4.89% | 7.41% | 9.45% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13M | 1.6M | 117.4M | 0 | 0 | 0 | 0 | -24.1M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -400K | 2.1M | 28.6M | 68.5M | -3.8M | 6.3M | 5.4M | 3.3M | 2.9M | 13.1M | 100K | -3.3M | -10.4M | -1.2M | -3.9M | 18.6M | 3.4M | 2.7M | -2.5M | 15.5M |
| Cash from Financing | 8.8M | 147.5M | 263M | 461.4M | 3.8M | -285.2M | 272M | 36.7M | -137.9M | -488.6M | 457.9M | -410.7M | -254.2M | -606.6M | -209M | -573M | -649.5M | -1.33B | -125M | -103.4M |
| Debt Issued (Net) | 56.1M | 177.8M | 342M | 486.9M | 304.9M | -14.6M | 174.1M | 160M | 157.6M | -350.1M | 288.8M | -50.5M | 55.6M | -238.8M | 213.6M | -340.7M | -32.7M | -24.3M | 6.7M | 289.1M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -25M | -50M | -52M | -108.4M | -150M | -150M | 0 | -456M | -64M | -601.8M | -577.3M | -422.1M | -390.9M |
| Dividends Paid | -69.9M | -69.9M | -70.8M | -69.9M | -69.5M | -70.1M | -70.9M | -66.5M | -66.8M | -67.7M | -69.7M | -65.1M | -66.4M | -67.7M | -152.4M | -34.4M | -68.8M | -53.9M | -40.6M | -27.8M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -25M | -50M | -52M | -108.4M | -150M | -150M | 0 | -456M | -64M | -601.8M | -577.3M | -422.1M | -390.9M |
| Other Financing | 22.6M | 39.6M | -8.2M | 44.4M | -231.6M | -200.5M | 168.8M | -31.8M | -178.7M | -18.8M | 347.2M | -145.1M | -93.4M | -300.1M | 185.8M | -133.9M | 53.8M | -675.7M | 331M | 26.2M |
| Net Change in Cash | -15.1M | 6.8M | 400K | 121.3M | -125.1M | 23.7M | -26.3M | -27.1M | -18.2M | 3.2M | -13.7M | -241M | -39M | 163.8M | -277.1M | 31.6M | -134.9M | -44M | 115.1M | -72.4M |
| Free Cash Flow | 2.9M | -152.9M | -252.6M | -405.7M | -135.9M | 304.9M | -297.9M | -74.8M | 72.1M | 513.1M | -463M | 179.2M | 235.7M | 762.4M | -172.5M | 615.2M | 535.1M | 1.32B | 215.7M | 67.6M |
| FCF Margin % | 0.09% | -5.41% | -8.43% | -15.58% | -3.94% | 10.14% | -11.37% | -2.66% | 2.56% | 18.22% | -17.28% | 5.69% | 6.64% | 22.46% | -4.79% | 13.73% | 10% | 24.61% | 5.5% | 1.76% |
| FCF Growth % | 102.13% | -150.15% | 15.21% | -442.38% | -288.49% | -40.58% | 35.66% | -141.74% | -69.41% | -32.7% | -168.41% | -70.87% | -55.95% | -42.35% | -179.97% | 810.06% | 547.04% | 84.22% | 614.24% | 146.17% |
| FCF per Share | 0.01 | -0.48 | -0.80 | -1.38 | -0.43 | 0.96 | -0.94 | -0.23 | 0.23 | 1.60 | -1.43 | 0.55 | 0.71 | 2.28 | -0.51 | 1.79 | 1.54 | 3.64 | 0.58 | 0.18 |
| FCF Conversion (FCF/Net Income) | -3.94x | -0.61x | -0.40x | -0.35x | 0.56x | 1.48x | 0.18x | 1.30x | 2.56x | -5.24x | -1.77x | 1.47x | -154.14x | 2.91x | 0.34x | 1.83x | 1.06x | 1.53x | 0.43x | 0.65x |
| Interest Paid | 0 | 91.3M | 16.8M | 110.2M | 19.9M | 81.7M | 12.1M | 72.4M | 20.2M | 76.7M | 17.1M | 76.6M | 4.7M | 80.3M | 7.9M | 109.4M | 2.9M | 79.9M | 4.2M | 112.7M |
| Taxes Paid | 0 | 44.5M | 64.3M | 82.2M | 88.5M | 75.1M | 75.5M | 52.9M | 110.1M | 75.4M | 98.6M | -36M | 48.7M | 147.2M | 225.7M | 369.9M | 252.6M | 233.5M | 258.5M | 36.1M |