• Mosaic average return on tangible equity for 2024 was 3.53, a 79.28% decline from 2023.
• Mosaic average return on tangible equity for 2023 was 17.04, a 47.06% decline from 2022.
• Mosaic average return on tangible equity for 2022 was 32.19, a 92.29% decline from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.