• Mosaic average net profit margin for 2023 was 11.32%, a 41.59% decline from 2022.
• Mosaic average net profit margin for 2022 was 19.38%, a 40.95% decline from 2021.
• Mosaic average net profit margin for 2021 was 13.75%, a 260.63% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.