Revenue vs Net income
Reported dollars from 10-Q / 10-K filings. Q4 bars are derived (annual less nine months) where the 10-K does not tag Q4 separately.
Margin trend
Gross, operating and net margin. Margins are derived from reported dollars.
Revenue YoY growth
Year-over-year change vs the same quarter (or fiscal year) a year earlier. Shown where the prior-year period is in the 8-quarter snapshot (latest four quarters).
Income statement
From 10-Q / 10-K XBRL. Values in reported dollars; EPS in $/share; share counts in shares.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $12.4B | $19.1B | $13.7B | $11.1B | $12.1B |
| YoY | — | +54.8% | -28.4% | -18.8% | +8.4% |
| Cost of goods sold | $9.2B | $13.4B | $11.5B | $9.6B | $10.2B |
| YoY | — | +46.0% | -14.1% | -16.3% | +5.6% |
| Gross profit | $3.2B | $5.8B | $2.2B | $1.5B | $1.9B |
| YoY | — | +79.9% | -61.6% | -31.6% | +25.8% |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | $430.5M | $498.0M | $500.5M | $496.9M | $533.9M |
| YoY | — | +15.7% | +0.5% | -0.7% | +7.4% |
| Operating income | $2.5B | $4.8B | $1.3B | $621.5M | $821.5M |
| YoY | — | +93.9% | -72.0% | -53.6% | +32.2% |
| Pretax income | $2.2B | $4.6B | $1.3B | $315.4M | $1.2B |
| YoY | — | +108.7% | -71.4% | -76.2% | +284.6% |
| Income tax | $597.7M | $1.2B | $177.0M | $186.7M | $639.8M |
| YoY | — | +104.8% | -85.5% | +5.5% | +242.7% |
| Net income | $1.6B | $3.6B | $1.2B | $174.9M | $540.7M |
| YoY | — | +119.7% | -67.5% | -85.0% | +209.1% |
| EPS — basic | $4.31 | $10.17 | $3.52 | $0.55 | $1.70 |
| YoY | — | +136.0% | -65.4% | -84.4% | +209.1% |
| EPS — diluted | $4.27 | $10.06 | $3.50 | $0.55 | $1.70 |
| YoY | — | +135.6% | -65.2% | -84.3% | +209.1% |
| Weighted shares — basic | 378.1M | 352.4M | 331.3M | 319.8M | 317.3M |
| Weighted shares — diluted | 381.6M | 356.0M | 333.2M | 320.7M | 318.9M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $769.5M | $735.4M | $348.8M | $272.8M | $276.6M |
| YoY | — | -4.4% | -52.6% | -21.8% | +1.4% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $1.5B | $1.7B | $1.3B | $1.1B | $1.1B |
| YoY | — | +11.0% | -25.3% | -12.3% | -3.1% |
| Inventory | $2.7B | $3.5B | $2.5B | $2.5B | $3.4B |
| YoY | — | +29.2% | -28.8% | +1.0% | +32.0% |
| Total current assets | $5.3B | $6.6B | $4.7B | $4.5B | $5.2B |
| YoY | — | +23.1% | -27.6% | -5.2% | +16.4% |
| Total assets | $22.0B | $23.4B | $23.0B | $22.9B | $24.5B |
| YoY | — | +6.1% | -1.5% | -0.5% | +6.8% |
| Total current liabilities | $4.8B | $5.5B | $3.9B | $4.2B | $4.0B |
| YoY | — | +15.6% | -30.0% | +7.7% | -4.5% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | $10.6B | $12.1B | $12.3B | $11.5B | $12.1B |
| YoY | — | +13.7% | +2.0% | -6.6% | +5.2% |
| Shares outstanding | 368.7M | 339.1M | 324.1M | 316.9M | 317.4M |
| YoY | — | -8.0% | -4.4% | -2.2% | +0.2% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.2B | $3.9B | $2.4B | $1.3B | $824.8M |
| YoY | — | +80.0% | -38.8% | -46.0% | -36.5% |
| Capital expenditures | $1.3B | $1.2B | $1.4B | $1.3B | $1.4B |
| YoY | — | -3.2% | +12.4% | -10.7% | +8.6% |
| Free cash flow | $898.4M | $2.7B | $1.0B | $47.4M | $-534.6M |
| YoY | — | +199.3% | -62.6% | -95.3% | -1227.8% |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $410.9M | $1.7B | $756.0M | $235.4M | $0 |
| YoY | — | +305.3% | -54.6% | -68.9% | -100.0% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | 25.9% | 30.1% | 16.1% | 13.6% | 15.8% |
| Operating margin | 20.0% | 25.0% | 9.8% | 5.6% | 6.8% |
| Net margin | 13.2% | 18.7% | 8.5% | 1.6% | 4.5% |
| Free cash flow margin | 7.3% | 14.1% | 7.3% | 0.4% | -4.4% |
| Effective tax rate | 26.9% | 26.4% | 13.3% | 59.2% | 52.7% |
| Current ratio | 1.11x | 1.18x | 1.22x | 1.08x | 1.32x |
| Total liabilities / equity | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Materials), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| MOS FY25 · this stock | $12.1B | +8.4% | 15.8% | 6.8% | 4.5% | -4.4% |
| DOW FY25 | $40.0B | -7.0% | — | — | — | — |
| LIN FY25 | $34.0B | +3.0% | — | 26.3% | 20.3% | 15.0% |
| NUE FY25 | $32.5B | +5.7% | — | — | 5.4% | -0.6% |
| FCX FY25 | $25.9B | +1.8% | — | 25.2% | — | — |
| SHW FY25 | $23.6B | +2.1% | 48.8% | — | 10.9% | — |
| NEM FY25 | $22.7B | +21.3% | — | — | 31.3% | — |
| STLD FY25 | $18.2B | +3.6% | 13.2% | 8.1% | 6.5% | 2.8% |
| CTVA FY25 | $17.4B | +2.9% | — | — | 6.3% | — |
| ECL FY25 | $16.1B | +2.2% | — | 17.0% | 12.9% | 11.8% |
| PPG FY25 | $15.9B | +0.2% | — | — | 9.9% | 7.3% |
Source: SEC EDGAR XBRL company facts (10-Q / 10-K), snapshot generated 2026-11-03 for 218 tickers. Q4 values are derived as the 10-K annual less the first nine months, since Q4 is not separately tagged in company facts; cash-flow quarterly values are derived from year-to-date filings the same way. Free cash flow = operating cash flow − capital expenditures. Blank cells mean the filing does not report that line item under a standard US-GAAP tag — nothing is estimated or filled in. Descriptive research, not investment advice. How EarnIQ builds fundamentals.