CluenexMosaic Company (The) MOS
Mosaic Company (The) scores weak on business quality (3.3 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Mosaic Company (The) does
Mosaic mines and distributes crop nutrients like phosphate and potash, selling directly to agricultural enterprises and fertilizer blenders. Global farmers pay for these essential inputs to maintain soil productivity and crop yields. The company is navigating commodity cyclicality while managing capital expenditure projects to stabilize production across its mining assets.
- What it does best
Mosaic extracts and distributes phosphate and potash at scale, operating major global mining assets. Its gross margin sits at 11%, trailing peer CF Industries at 42%, reflecting the heavy cost burden of its physical extraction footprint.
- The main risk
Net income dropped to negative $638 million on revenue of $12.2 billion, driven by margin compression and heavy capital outlays. Free cash flow sits at negative $947 million, exposing the balance sheet to severe commodity price swings.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin sits at 5.0% and FCF margin at negative 8%, both under heavy pressure. The business struggles to generate positive cash returns as capital expenditures outpace operating cash flow during this downturn.
Mosaic holds scarce global potash and phosphate reserves, locking in agricultural clients through pure resource access. Its gross margin ranks in the bottom quartile of its sector at the 6th percentile, limiting the economic moat.
Revenue grew 8.4% to $12.2 billion, ticking up from previous periods but remaining well below peak 2022 levels as the commodity cycle turns.
Total debt stands at $5.0 billion against $277 million in cash, leaving net debt at $4.8 billion. Interest coverage is thin at 2.3x, meaning earnings barely cover debt costs as financial reality softens.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
1 sold $509K outside pre-planned sales.
Our sealed record on MOS
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Mosaic Company (The) scores weak on the Cluenex quality check (3.3 of 10), measured against its own industry. Profitability is weak, moat weak, growth slow and financial health fair.
In the last 90 days of SEC Form 4 filings: 1 sold $509K outside pre-planned sales.
Nov 3, 2026, after the close.
See MOS today
- Today's verdict on MOS, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Mosaic Company (The) (MOS)”, https://cluenex.com/stocks/mos/, data as of Oct 10, 2026.