MOSAIC CO
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.59B | $7.41B | $7.19B | $8.88B | $9.06B | $9.97B | $11.11B | $9.94B |
| Phosphates | $4.06B | $3.67B | $3.64B | $4.69B | $4.98B | — | — | — |
| Potash | $2.16B | $1.69B | $1.60B | $2.25B | $2.79B | — | — | — |
| Mosaic Fertilizantes | $3.66B | $0 | $0 | $0 | $0 | — | — | — |
| International Distribution | $0 | $2.37B | $2.25B | $2.33B | $1.71B | — | — | — |
| Corporate and Eliminations | $-286.9M | $-318.3M | $-304.8M | $-385.8M | $-431.2M | — | — | — |
| Cost of Revenue | $8.09B | $6.57B | $6.35B | $7.18B | $7.13B | $7.21B | $8.02B | $6.82B |
| Gross Profit | $1.50B | $842.8M | $810.0M | $1.72B | $1.93B | $2.76B | $3.09B | $3.12B |
| Gross Margin | 15.6% | 11.4% | 11.3% | 19.3% | 21.3% | 27.7% | 27.8% | 31.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $341.1M | $301.3M | $304.2M | $361.2M | $382.4M | $427.3M | $410.1M | $372.5M |
| Operating Income | $928.3M | $465.7M | $319.0M | $1.28B | $1.31B | $2.21B | $2.61B | $2.66B |
| Operating Margin | 9.7% | 6.3% | 4.4% | 14.4% | 14.5% | 22.2% | 23.5% | 26.8% |
| Interest Expense | $215.8M | $171.3M | $140.6M | $133.6M | $128.9M | $0 | $1.4M | $27.6M |
| Pretax Income | $551.5M | $374.0M | $242.4M | $1.10B | $1.22B | $2.21B | $2.63B | $3.27B |
| Income Tax Expense | $77.1M | $494.9M | $-74.2M | $99.1M | $184.7M | $341.0M | $711.4M | $752.8M |
| Net Income | $470.0M | $-107.2M | $297.8M | $1.00B | $1.03B | $1.89B | $1.93B | $2.51B |
| Net Margin | 4.9% | -1.4% | 4.1% | 11.3% | 11.4% | 18.9% | 17.4% | 25.3% |
| EPS (Basic) | $1.22 | $-0.31 | $0.85 | $2.79 | $2.69 | $4.44 | $4.44 | $5.64 |
| EPS (Diluted) | $1.22 | $-0.31 | $0.85 | $2.78 | $2.68 | $4.42 | $4.42 | $5.62 |
| Shares Outstanding (Basic) | 384.8M | 350.9M | 350.4M | 358.5M | 374.1M | 425.7M | 435.2M | 446.0M |
| Shares Outstanding (Diluted) | 386.4M | 350.9M | 351.7M | 360.3M | 375.6M | 426.9M | 436.5M | 447.5M |
| Dividends Per Share | $0.10 | $0.35 | $1.10 | $1.08 | $1.00 | $1.00 | $0.28 | $0.20 |