Question 1

What is Mosaic's P/FCF ratio?

Accepted Answer

Mosaic (MOS) P/FCF ratio is 1966.6× as of November 4, 2025. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Mosaic?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Mosaic specifically, the relevant sector benchmark is the current sector median of 25.9×.

Question 5

Is Mosaic's P/FCF ratio high or low?

Accepted Answer

Mosaic's P/FCF ratio of 1966.6× is above its own 5-year average of 182.5× and above the sector median of 25.9×. That places the current reading at the 94th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Mosaic's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Mosaic (MOS) P/FCF ratio has ranged from a low of 4.7× in 2023 to a high of 2661.3× in 2025. The 5-year average is 182.5× and the 5-year median is 16.3×.

Question 7

What was Mosaic's P/FCF ratio in 2024?

Accepted Answer

Mosaic (MOS) P/FCF ratio at the end of 2024 was 164.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Mosaic's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$7.1B	-$535M	—	—	Dec 31, 2025
2024	$7.8B	$47.4M	164.6×	+153.0×	Dec 31, 2024
2023	$11.7B	$1B	11.6×	+6.0×	Dec 31, 2023
2022	$14.9B	$2.69B	5.6×	-10.8×	Dec 31, 2022
2021	$14.7B	$898M	16.3×	-4.8×	Dec 31, 2021
2020	$8.72B	$412M	21.2×	—	Dec 31, 2020
2019	$8.2B	-$232M	—	—	Dec 31, 2019
2018	$11.3B	$455M	24.7×	-53.3×	Dec 31, 2018
2017	$9.01B	$115M	78.0×	+53.8×	Dec 31, 2017
2016	$10.3B	$423M	24.3×	+12.3×	Dec 31, 2016
2015	$9.69B	$807M	12.0×	-1.8×	Dec 31, 2015
2014	$17.1B	$1.23B	13.9×	—	Dec 31, 2014
2013	$19.6B	-$187M	—	—	Dec 31, 2013
2012	$23B	$592M	38.9×	+14.4×	Nov 30, 2012
2011	$23.4B	$955M	24.5×	-4.9×	Nov 30, 2011
2010	$30.2B	$1.03B	29.4×	—	Nov 30, 2010
2009	$24.2B	-$156M	—	—	Nov 30, 2009
2008	$11.3B	$1.89B	6.0×	-23.0×	Nov 30, 2008
2007	$30.6B	$1.06B	28.9×	-84.2×	Nov 30, 2007
2006	$9.33B	$82.5M	113.1×	-1404.6×	Nov 30, 2006
2005	$5.16B	$3.4M	1517.7×	—	Nov 30, 2005
2004	$2B	-$13.2M	—	—	Nov 30, 2004
2003	$1.14B	-$80.9M	—	—	Dec 31, 2003
2002	$1.22B	-$133M	—	—	Dec 31, 2002


Nucor (NUE)	74.2×
Air Products and Chemicals (APD)	58.4×
International Flavors & Fragrances (IFF)	46.7×
Linde (LIN)	45.1×
Ecolab (ECL)	40.1×
Albemarle (ALB)	36.7×
International Paper (IP)	35.2×
Steel Dynamics (STLD)	34.7×
Martin Marietta Materials (MLM)	34.3×
Vulcan Materials (VMC)	32.2×
Corteva (CTVA)	27.5×
Sherwin-Williams (SHW)	27.1×
H.B. Fuller (FUL)	24.8×
CRH (CRH)	24.4×
Agnico Eagle Mines (AEM)	22.3×
PPG Industries (PPG)	19.5×
Eastman Chemical (EMN)	17.5×
DuPont de Nemours (DD)	17.0×
Avient (AVNT)	16.2×
Freeport-McMoRan (FCX)	13.6×
CF Industries Holdings (CF)	12.4×
Builders FirstSource (BLDR)	10.5×
Newmont (NEM)	9.6×
LyondellBasell (LYB)	9.3×
Ashland (ASH)	7.6×

P/FCF Ratio for Mosaic (MOS) 2005-2026

P/FCF Ratio daily chart for Mosaic (MOS)

Historical P/FCF Ratio for Mosaic (MOS) from 2002 to 2025

About P/FCF Ratio at Mosaic (MOS)

Mosaic P/FCF Ratio by Year

Mosaic P/FCF Ratio 2024: 164.6×

Mosaic P/FCF Ratio 2023: 11.6×

Mosaic P/FCF Ratio 2022: 5.6×

Mosaic P/FCF Ratio 2021: 16.3×

Mosaic P/FCF Ratio 2020: 21.2×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Mosaic (MOS) Key Financials