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ICL vs Mosaic: revenue, profit, margins and growth compared

ICL brought in $7.2B of revenue in fiscal 2025, Mosaic $12.1B in fiscal 2025. Revenue changed by +4.6% at ICL and +8.4% at Mosaic on the year before, so Mosaic grew faster. ICL kept 3.2% of its revenue as net profit, Mosaic 4.5%.

Side by side, latest fiscal year

ICLMOS
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$7.2B$12.1B
Revenue growth+4.6%+8.4%
Net income$226M$540.7M
Net margin3.2%4.5%
Free cash flown/a-$534.6M
Free cash flow marginn/a-4.4%
Earnings per share (diluted)$0.18$1.70
Cash$291M$276.6M
Debtn/a$4.3B
Price to earningsn/a13.5
Market value$6.6B$7.3B
Dividend yieldn/a3.82%
Rank by revenue in sector#95 of 451 · Industrials#53 of 451 · Industrials

Over the years

Revenue
ICL FY2018: $5.6BICL FY2019: $5.3BICL FY2020: $5BICL FY2021: $7BICL FY2022: $10BICL FY2023: $7.5BICL FY2024: $6.8BICL FY2025: $7.2BMOS FY2018: $9.6BMOS FY2019: $8.9BMOS FY2020: $8.7BMOS FY2021: $12.4BMOS FY2022: $19.1BMOS FY2023: $13.7BMOS FY2024: $11.1BMOS FY2025: $12.1BFY18FY19FY20FY21FY22FY23FY24FY25
ICL $7.2BMOS $12.1B
Net income
ICL FY2018: $1.2BICL FY2019: $475MICL FY2020: $11MICL FY2021: $783MICL FY2022: $2.2BICL FY2023: $647MICL FY2024: $407MICL FY2025: $226MMOS FY2018: $470MMOS FY2019: -$1.1BMOS FY2020: $666.1MMOS FY2021: $1.6BMOS FY2022: $3.6BMOS FY2023: $1.2BMOS FY2024: $174.9MMOS FY2025: $540.7MFY18FY19FY20FY21FY22FY23FY24FY25
ICL $226MMOS $540.7M
Net margin
ICL FY2018: 22.3%ICL FY2019: 9.0%ICL FY2020: 0.2%ICL FY2021: 11.3%ICL FY2022: 21.6%ICL FY2023: 8.6%ICL FY2024: 5.9%ICL FY2025: 3.2%MOS FY2018: 4.9%MOS FY2019: -12.0%MOS FY2020: 7.7%MOS FY2021: 13.2%MOS FY2022: 18.7%MOS FY2023: 8.5%MOS FY2024: 1.6%MOS FY2025: 4.5%FY18FY19FY20FY21FY22FY23FY24FY25
ICL 3.2%MOS 4.5%
Revenue growth
ICL FY2019: -5.1%ICL FY2020: -4.3%ICL FY2021: +37.9%ICL FY2022: +44.0%ICL FY2023: -24.8%ICL FY2024: -9.2%ICL FY2025: +4.6%MOS FY2019: -7.1%MOS FY2020: -2.5%MOS FY2021: +42.3%MOS FY2022: +54.8%MOS FY2023: -28.4%MOS FY2024: -18.8%MOS FY2025: +8.4%FY19FY20FY21FY22FY23FY24FY25
ICL +4.6%MOS +8.4%
Free cash flow
MOS FY2018: $455.3MMOS FY2019: -$176.8MMOS FY2020: $412MMOS FY2021: $898.4MMOS FY2022: $2.7BMOS FY2023: $1BMOS FY2024: $47.4MMOS FY2025: -$534.6MFY18FY19FY20FY21FY22FY23FY24FY25
ICLMOS -$534.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about ICL and Mosaic

Which is bigger by revenue, ICL or Mosaic?

Mosaic is bigger by revenue: $12.1B in fiscal 2025, against $7.2B for ICL in fiscal 2025.

Which keeps more of its revenue as profit, ICL or Mosaic?

ICL had a net margin of 3.2% in fiscal 2025; Mosaic had 4.5% in fiscal 2025.

Which grew revenue faster, ICL or Mosaic?

In their latest fiscal years revenue changed by +4.6% at ICL and +8.4% at Mosaic.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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