MDLZNasdaqFood and Kindred ProductsFiscal year ends December 31
Mondelez International, Inc.
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 28, 2026
$63.34−0.57 (-0.89%)
Close on Oct 19, 2026
- Market cap
- $81.46B
- P/E (TTM)
- 31.5
- Dividend yield
- 3.06%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
28.4%−10.9 pts over 5 years
Operating margin
9.2%−5.3 pts over 5 years
Net margin
6.4%−7.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +5.8% | +7.0% | +7.7% | +2.7% | |
| Gross profit | -23.3% | -1.1% | +0.9% | -0.5% | |
| Operating income | -44.1% | +0.1% | -1.6% | -8.8% | |
| Net income | -46.8% | -3.4% | -7.2% | -10.3% | |
| EPS, diluted | -44.7% | -1.2% | -5.2% | -8.2% | |
| Free cash flow | -8.2% | +2.5% | +0.8% | +3.9% | |
| Dividend per share | +8.4% | +9.7% | – | +11.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 6.1% | 13.0% | 9.3% | |
| Return on assets | 2.6% | 5.4% | 3.5% | |
| Current ratio | 0.59 | 0.66 | 0.59 | |
| Debt to equity | 0.68 | 0.73 | 0.82 | |
| Net debt to EBITDA | 4.58× | 3.30× | 3.87× | |
| Interest coverage | 5.0× | 9.1× | 5.9× | |
| Inventory turnover | 6.2× | 6.2× | 6.7× | |
| Capex to revenue | 4.7% | 3.2% | 3.3% | |
| Diluted shares | 1.57B | 1.44B | 1.30B |
Where the cash went
Fiscal 2021 to 2025, five years combined
Mondelez International generated $22.19B from operations and spent $26.85B on capital expenditure, dividends and share buybacks. 21% of that went back into the business.
Generated
$22.19B
Used
$26.85B
Capital expenditure$5.65B21%Dividends$10.81B40%Share buybacks$10.39B39%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin6.4%
×Asset turnover0.55×
×Equity multiplier2.65×
=Return on equity, FY20259.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 6.4% | 0.55× | 2.65× | 9.3% |
| FY2024 | 12.7% | 0.52× | 2.53× | 16.7% |
| FY2023 | 13.8% | 0.51× | 2.58× | 18.0% |
| FY2022 | 8.6% | 0.46× | 2.51× | 9.9% |
| FY2021 | 15.0% | 0.43× | 2.42× | 15.4% |
| FY2020 | 13.4% | 0.40× | 2.41× | 13.0% |
| FY2019 | 15.2% | 0.41× | 2.40× | 14.9% |
| FY2018 | 12.8% | 0.41× | 2.43× | 12.8% |
| FY2017 | 10.9% | 0.42× | 2.43× | 11.1% |
| FY2016 | 6.3% | 0.42× | 2.34× | 6.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$2.45B
- Cash generatingOperating cash flow above zero$4.51B
- Return on assets improvedROA up on the prior year6.5% → 3.6%
- Earnings backed by cashOperating cash flow above net income$4.51B vs $2.45B
- Less leverageLong-term debt to assets fell22.9% → 24.1%
- Better liquidityCurrent ratio rose0.68 → 0.59
- No dilutionShare count did not rise1.35B → 1.30B
- Gross margin improvedGross margin up on the prior year39.12% → 28.38%
- More efficientAsset turnover rose0.51 → 0.56