Mondelez International, Inc.

MDLZ Consumer Defensive Confectioners

Mondelez International, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $38.5 billion, up 5.75% from fiscal 2024. In the quarter to June 2026, revenue grew 4.13%, EPS grew 146.9%, free cash flow grew 5,060.0% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, revenue growth for five.

63.91 0.88 +1.40%
Market cap
$80.5B
P/E
23.3×
Fwd P/E
21.3×
Dividend yield
3.16%
F-score
5/9
Altman Z
2.18
Beneish M
−2.40
Dividend safety
32/100

Insider Decisions trades per month

Total sells 8.75
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — 1 — 1 — — — 1 — —
Insider Ownership 1.09%

Capital & Financial Ratios $m

Market Cap 80,450.00
Revenue 39,675.00
Net Income 3,531.00
Free Cash Flow 3,089.00
Net Debt 17,407.00
Current Ratio 0.60 (below 1: weak)
Debt/Equity 0.72
P/E ratio 23.32
Fwd P/E 21.30
P/S ratio 2.07
P/B ratio 3.07
Past 5Y EPS Growth (5.21%) (below 0%: weak)
This Y EPS Growth 4.49%
Next Y EPS Growth 10.20%
Next Y revenue growth 4.12%
Next 5Y EPS Growth 7.37%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 62.33%
10-year low 10-year high
P/S against its own 10 years 8.92%
10-year low 10-year high
P/B against its own 10 years 62.62%
10-year low 10-year high
EV/Sales against its own 10 years 8.85%
10-year low 10-year high
EV/FCF against its own 10 years 57.24%
10-year low 10-year high

Dividends

Payout Ratio 0.74
Annual Dividend Rate 2.02
Annual Dividend Yield 3.16%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 2.06
0.50
0.50
0.52
2025 1.94
0.47
0.47
0.50
0.50
2024 1.79
0.43
0.43
0.47
0.47
2023 1.62
0.39
0.39
0.43
0.43
2022 1.47
0.35
0.35
0.39
0.39
2021 1.33
0.32
0.32
0.35
0.35
2020 1.20
0.29
0.29
0.32
0.32
2019 1.09
0.26
0.26
0.29
0.29
2018 0.96
0.22
0.22
0.26
0.26
2017 0.82
0.19
0.19
0.22
0.22
2016 0.72
0.17
0.17
0.19
0.19
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,810 1,351 2,125 1,716
Receivables 4,512 4,811 4,858 5,008
Inventory 3,615 3,827 4,419 4,405
Other 1,766 3,253 1,549 1,809
11,703 13,242 12,951 12,938
2023 2024 2025 Q'26
Payables 8,321 9,433 10,139 9,411
ST’ Debt 2,101 2,014 1,295 2,663
Other 4,330 4,545 3,955 3,705
19,013 19,549 21,864 21,593

Compound Annual Growth %

10y 5y 3y
Sales 2.66% 7.71% 6.96%
Cash Flow 1.93% 2.63% 4.92%
Earnings (10.30%) (7.17%) (3.38%)
Book Value (0.82%) (1.31%) (1.29%)

Revenue $m

Mar Jun Sep Dec Year
’26 10,080 9,355 — — —
’25 9,313 8,984 9,744 10,496 38,537
’24 9,290 8,343 9,204 9,604 36,441
’23 9,166 8,507 9,029 9,314 36,016
’22 7,764 7,274 7,763 8,695 31,496
’21 7,238 6,642 7,182 7,658 28,720
’20 6,707 5,911 6,665 7,298 26,581
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 467 855 — — —
’25 1,092 308 717 2,397 4,514
’24 1,324 822 1,305 1,459 4,910
’23 1,123 850 1,177 1,564 4,714
’22 1,131 836 549 1,392 3,908
’21 915 877 928 1,421 4,141
’20 284 1,274 757 1,649 3,964
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 155 516 — — —
’25 816 10 418 2,000 3,244
’24 1,027 468 990 1,054 3,539
’23 914 674 802 1,231 3,621
’22 1,042 540 917 548 3,047
’21 715 667 2,197 (189) 3,390
’20 255 858 1,929 69 3,111
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.44 1.20 — — —
’25 0.31 0.49 0.57 0.51 1.89
’24 1.04 0.45 0.63 1.30 3.42
’23 1.52 0.69 0.72 0.70 3.62
’22 0.61 0.54 0.39 0.42 1.96
’21 0.68 0.76 0.89 0.71 3.04
’20 0.52 0.38 0.78 0.80 2.47
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.9
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 35.88 39.19 37.42 39.46 41.19 52.91 54.72 60.75 58.90 53.13

Analyst estimates 2026–2028

Powerpack
High 46.40 47.23 46.54 56.72 59.96 66.54 69.47 78.59 77.20 71.15
People
People Employees 90,000 83,000 80,000 80,000 79,000 79,000 91,000 91,000 90,000 91,000
Revenue/emp, $m 0.29 0.31 0.32 0.32 0.34 0.36 0.35 0.40 0.40 0.42
Income, $m
Income, $m Revenue 25,923 25,896 25,938 25,868 26,581 28,720 31,496 36,016 36,441 38,537
Gross margin, % 38.98 38.75 39.91 39.96 39.30 39.19 35.92 38.22 39.12 28.38
EBT 1,454 3,124 2,842 3,447 3,383 4,369 3,228 5,880 6,261 3,014
EBT margin, % 5.61 12.06 10.96 13.33 12.73 15.21 10.25 16.33 17.18 7.82
Net income 1,645 2,842 3,331 3,944 3,569 4,314 2,726 4,968 4,623 2,466
Depreciation 823 816 811 1,047 1,116 1,113 1,107 1,215 1,302 1,358
Per share, $
Per share, $ Revenue 16.66 17.12 17.62 17.90 18.58 20.47 22.86 26.42 27.17 29.78
Earnings 1.07 1.93 2.30 2.68 2.48 3.06 1.97 3.64 3.44 1.89
Cash flow 1.82 1.71 2.68 2.74 2.77 2.95 2.84 3.46 3.66 3.49
Capex (0.70) (0.60) (0.47) (0.58) (0.60) (0.54) (0.62) (0.80) (1.02) (0.98)
Free cash flow 1.13 1.12 2.21 2.16 2.17 2.42 2.21 2.66 2.64 2.51
Book value 16.21 17.23 17.47 18.90 19.32 20.19 19.54 20.81 20.10 20.01
Shares, m 1,556 1,513 1,472 1,445 1,431 1,403 1,378 1,363 1,341 1,294
Valuation, ×
Valuation, × P/E 42.81 21.86 18.03 20.63 23.39 21.60 33.46 20.34 17.31 28.48
P/S 2.69 2.48 2.27 3.08 3.15 3.24 2.90 2.79 2.20 1.81
P/B 2.77 2.46 2.29 2.91 3.03 3.28 3.39 3.55 2.97 2.69
EV/Sales 3.19 2.99 2.81 3.64 3.76 3.79 3.49 3.27 2.65 2.23
EV/FCF 47.21 45.94 22.46 30.14 32.17 32.09 36.10 32.54 27.25 26.53
Cash, $m
Cash, $m Operating cash flow 2,838 2,593 3,948 3,965 3,964 4,141 3,908 4,714 4,910 4,514
Capex (1,086) (905) (697) (843) (853) (751) (861) (1,093) (1,371) (1,270)
Free cash flow 1,752 1,688 3,251 3,122 3,111 3,390 3,047 3,621 3,539 3,244
Balance, $m
Balance, $m Working capital (5,937) (8,273) (9,133) (7,692) (5,180) (3,666) (6,640) (7,310) (6,307) (8,913)
Total debt 14,668 14,135 15,180 15,788 20,017 19,296 20,634 18,988 17,678 18,517
Net debt 12,927 13,374 14,080 14,497 16,398 15,750 18,711 17,178 16,327 16,392
Shareholders’ equity 25,215 26,074 25,713 27,317 27,654 28,323 26,920 28,366 26,958 25,891
Returns, %
Returns, % ROA 2.63 4.54 5.28 6.18 5.37 6.37 3.93 6.96 6.59 3.50
ROIC 4.19 5.49 5.20 5.74 5.47 6.60 4.84 7.55 9.16 5.24
ROE 6.13 11.03 12.81 14.82 12.93 15.36 9.84 17.94 16.67 9.28
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Mondelez International, Inc. vs peers in Confectioners (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MDLZ Mondelez International, Inc. $80.5B 23.3× 21.3× +4.13% (above 0%: growing) +146.94% (above 0%: growing) +5,060.00% (above 0%: growing) 42.61% 20.80%
HSY Hershey Company (The) $33.9B 18.9× 23.0× +6.60% (above 0%: growing) +869.16% (above 0%: growing) +809.05% (above 0%: growing) 45.32% 23.06% Compare
TR Tootsie Roll Industries, Inc. $2.9B 29.8× 38.6× −0.56% (below 0%: shrinking) −22.75% (below 0%: shrinking) −116.74% (below 0%: shrinking) 34.13% (1.05%) Compare
SOWG Sow Good Inc. $41.6M — (loss-making) — −56.30% (below 0%: shrinking) n/m −406.71% (below 0%: shrinking) (576.11%) 0.00% Compare
RMCF Rocky Mountain Chocolate Factory, Inc. $8.5M — (loss-making) — −4.08% (below 0%: shrinking) n/m −431.87% (below 0%: shrinking) 23.08% (16.46%) Compare
Median of peers $1.5B — — −2.32% — −261.72% 28.61% (0.52%)

All 5 Confectioners stocks →

MDLZ metrics, ten years each

Mondelez International, Inc. (MDLZ) key facts

  • Strength: Mondelez International, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $38.5 billion, up 5.75% from fiscal 2024.
  • Mondelez International, Inc. (MDLZ) is a Confectioners company in the Consumer Defensive sector, listed on Nasdaq.
  • As of October 16, 2026, MDLZ traded at $63.91, a market capitalization of $80.5 billion.
  • Mondelez International, Inc. pays an annual dividend of $2.02 per share, a yield of 3.16%, with a payout ratio of 74.3%.
  • Return on equity was 9.28% and debt-to-equity 0.72.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 2.18 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Mondelez International, Inc. (MDLZ) Latest News

23 Aug

stockrow.com/MDLZ · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com