earnings
confidence high
sentiment positive
materiality 0.85
Mosaic posts record FY2022 net income of $3.6B, Q4 EPS $1.52; announces $300M buyback and $0.25 special dividend
MOSAIC CO
2022-FY EPS reported
$10.06
revenue$19,125,200,000
- Full year net income $3.6B, adjusted EBITDA $6.2B, cash from ops $3.9B, free cash flow $2.6B.
- Q4 net income $523M, diluted EPS $1.52, adjusted diluted EPS $1.74, adjusted EBITDA $1.05B.
- Revenues up 55% YoY to $19.1B; gross margin rate 30% vs 26% in 2021.
- Potash operating earnings $2.8B in 2022, up from $837M in 2021; Colonsay mine temporarily idled, restart expected H1 2023.
- Retired $550M debt, returned $1.9B to shareholders; announced $300M accelerated buyback and $0.25 special dividend in Q1 2023.