InsiderClue
Stocks · Consumer staples · Food and Kindred Products

Mondelez International

MDLZ Clue Score35
United States Fiscal year ends December CIK 0001103982
$60.41 -0.43% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $60.41 +1.67% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue25.92Operating income2.55Net income1.64EPS, diluted1.04Fiscal year 2017Revenue25.90 −0.1%Operating income3.46Net income2.83 +73.0%EPS, diluted1.85 +77.9%Fiscal year 2018Revenue25.94 +0.2%Operating income3.31Net income3.32 +17.3%EPS, diluted2.23 +20.5%Fiscal year 2019Revenue25.87 −0.3%Operating income3.84Net income3.93 +18.5%EPS, diluted2.69 +20.6%Fiscal year 2020Revenue26.58 +2.8%Operating income3.85Net income3.56 −9.5%EPS, diluted2.47 −8.2%Fiscal year 2021Revenue28.72 +8.0%Operating income4.65Net income4.30 +21.0%EPS, diluted3.04 +23.1%Fiscal year 2022Revenue31.50 +9.7%Operating income3.53Net income2.72 −36.8%EPS, diluted1.96 −35.5%Fiscal year 2023Revenue36.02 +14.4%Operating income5.50Net income4.96 +82.5%EPS, diluted3.62 +84.7%Fiscal year 2024Revenue36.44 +1.2%Operating income6.35Net income4.61 −7.0%EPS, diluted3.42 −5.5%Fiscal year 2025Revenue38.54 +5.8%Operating income3.55Net income2.45 −46.8%EPS, diluted1.89 −44.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 25.92 25.90 25.94 25.87 26.58 28.72 31.50 36.02 36.44 38.54
Growth −0.1% +0.2% −0.3% +2.8% +8.0% +9.7% +14.4% +1.2% +5.8%
Operating income 2.55 3.46 3.31 3.84 3.85 4.65 3.53 5.50 6.35 3.55
Net income 1.64 2.83 3.32 3.93 3.56 4.30 2.72 4.96 4.61 2.45
Growth +73.0% +17.3% +18.5% −9.5% +21.0% −36.8% +82.5% −7.0% −46.8%
EPS, diluted 1.04 1.85 2.23 2.69 2.47 3.04 1.96 3.62 3.42 1.89
Growth +77.9% +20.5% +20.6% −8.2% +23.1% −35.5% +84.7% −5.5% −44.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin39.0%Operating margin9.9%Net margin6.3%Free cash flow margin6.2%Fiscal year 2017Gross margin38.7%Operating margin13.4%Net margin10.9%Free cash flow margin6.1%Fiscal year 2018Gross margin39.9%Operating margin12.8%Net margin12.8%Free cash flow margin11.0%Fiscal year 2019Gross margin40.0%Operating margin14.9%Net margin15.2%Free cash flow margin11.8%Fiscal year 2020Gross margin39.3%Operating margin14.5%Net margin13.4%Free cash flow margin11.7%Fiscal year 2021Gross margin39.2%Operating margin16.2%Net margin15.0%Free cash flow margin11.1%Fiscal year 2022Gross margin35.9%Operating margin11.2%Net margin8.6%Free cash flow margin9.5%Fiscal year 2023Gross margin38.2%Operating margin15.3%Net margin13.8%Free cash flow margin10.0%Fiscal year 2024Gross margin39.1%Operating margin17.4%Net margin12.7%Free cash flow margin9.7%Fiscal year 2025Gross margin28.4%Operating margin9.2%Net margin6.4%Free cash flow margin8.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 39.0% 38.7% 39.9% 40.0% 39.3% 39.2% 35.9% 38.2% 39.1% 28.4%
Operating margin 9.9% 13.4% 12.8% 14.9% 14.5% 16.2% 11.2% 15.3% 17.4% 9.2%
Net margin 6.3% 10.9% 12.8% 15.2% 13.4% 15.0% 8.6% 13.8% 12.7% 6.4%
Free cash flow margin 6.2% 6.1% 11.0% 11.8% 11.7% 11.1% 9.5% 10.0% 9.7% 8.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow2.84Capital expenditure−1.22Free cash flow1.61Buybacks−2.60Dividends paid−1.09Fiscal year 2017Operating cash flow2.59Capital expenditure−1.01Free cash flow1.58 −2.2%Buybacks−2.17Dividends paid−1.20Fiscal year 2018Operating cash flow3.95Capital expenditure−1.10Free cash flow2.85 +80.7%Buybacks−2.02Dividends paid−1.36Fiscal year 2019Operating cash flow3.97Capital expenditure−0.93Free cash flow3.04 +6.6%Buybacks−1.48Dividends paid−1.54Fiscal year 2020Operating cash flow3.96Capital expenditure−0.86Free cash flow3.10 +2.0%Buybacks−1.39Dividends paid−1.68Fiscal year 2021Operating cash flow4.14Capital expenditure−0.97Free cash flow3.18 +2.4%Buybacks−2.11Dividends paid−1.83Fiscal year 2022Operating cash flow3.91Capital expenditure−0.91Free cash flow3.00 −5.5%Buybacks−2.02Dividends paid−1.99Fiscal year 2023Operating cash flow4.71Capital expenditure−1.11Free cash flow3.60 +20.0%Buybacks−1.55Dividends paid−2.16Fiscal year 2024Operating cash flow4.91Capital expenditure−1.39Free cash flow3.52 −2.2%Buybacks−2.33Dividends paid−2.35Fiscal year 2025Operating cash flow4.51Capital expenditure−1.28Free cash flow3.24 −8.2%Buybacks−2.39Dividends paid−2.49
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 2.84 2.59 3.95 3.97 3.96 4.14 3.91 4.71 4.91 4.51
Capital expenditure −1.22 −1.01 −1.10 −0.93 −0.86 −0.97 −0.91 −1.11 −1.39 −1.28
Free cash flow 1.61 1.58 2.85 3.04 3.10 3.18 3.00 3.60 3.52 3.24
Growth −2.2% +80.7% +6.6% +2.0% +2.4% −5.5% +20.0% −2.2% −8.2%
Buybacks −2.60 −2.17 −2.02 −1.48 −1.39 −2.11 −2.02 −1.55 −2.33 −2.39
Dividends paid −1.09 −1.20 −1.36 −1.54 −1.68 −1.83 −1.99 −2.16 −2.35 −2.49

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash1.74Total debt14.74Net cash (debt)−13.00Shareholders’ equity25.16Debt to equity0.59Fiscal year 2017Cash0.76Total debt14.20Net cash (debt)−13.44Shareholders’ equity25.99Debt to equity0.55Fiscal year 2018Cash1.10Total debt15.25Net cash (debt)−14.15Shareholders’ equity25.64Debt to equity0.59Fiscal year 2019Cash1.33Total debt15.88Net cash (debt)−14.55Shareholders’ equity27.24Debt to equity0.58Fiscal year 2020Cash3.65Shareholders’ equity27.58Fiscal year 2021Cash3.55Shareholders’ equity28.27Fiscal year 2022Cash1.95Shareholders’ equity26.88Fiscal year 2023Cash1.88Shareholders’ equity28.33Fiscal year 2024Cash1.40Shareholders’ equity26.93Fiscal year 2025Cash2.20Shareholders’ equity25.84
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.74 0.76 1.10 1.33 3.65 3.55 1.95 1.88 1.40 2.20
Total debt 14.74 14.20 15.25 15.88 n/a n/a n/a n/a n/a n/a
Net cash (debt) −13.00 −13.44 −14.15 −14.55 n/a n/a n/a n/a n/a n/a
Shareholders’ equity 25.16 25.99 25.64 27.24 27.58 28.27 26.88 28.33 26.93 25.84
Debt to equity 0.59 0.55 0.59 0.58 n/a n/a n/a n/a n/a n/a

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
25.92 25.90 25.94 25.87 26.58 28.72 31.50 36.02 36.44 38.54
Growth −0.1% +0.2% −0.3% +2.8% +8.0% +9.7% +14.4% +1.2% +5.8%
15.82 15.86 15.59 15.53 16.14 17.47 20.18 22.25 22.18 27.60
10.10 10.03 10.35 10.34 10.45 11.25 11.31 13.76 14.26 10.94
Growth −0.7% +3.2% −0.1% +1.1% +7.7% +0.5% +21.7% +3.6% −23.3%
0.38 0.37 0.36 0.35 0.33 0.35 0.35 0.38 0.40 0.40
6.55 5.94 6.48 6.14 6.10 6.26 7.38 8.00 7.44 7.17
2.55 3.46 3.31 3.84 3.85 4.65 3.53 5.50 6.35 3.55
Growth +35.6% −4.3% +16.0% +0.3% +20.8% −24.0% +55.7% +15.3% −44.1%
1.45 3.12 2.84 3.45 3.38 4.37 3.23 5.88 6.26 3.01
0.11 0.67 0.77 0.00 1.22 1.19 0.87 1.54 1.47 0.78
1.64 2.83 3.32 3.93 3.56 4.30 2.72 4.96 4.61 2.45
Growth +73.0% +17.3% +18.5% −9.5% +21.0% −36.8% +82.5% −7.0% −46.8%
Per share
1.05 1.87 2.25 2.72 2.48 3.06 1.97 3.64 3.44 1.89
1.04 1.85 2.23 2.69 2.47 3.04 1.96 3.62 3.42 1.89
Growth +77.9% +20.5% +20.6% −8.2% +23.1% −35.5% +84.7% −5.5% −44.7%
1,556 1,513 1,472 1,445 1,431 1,403 1,378 1,363 1,341 1,294
1,573 1,531 1,486 1,458 1,441 1,413 1,385 1,370 1,347 1,298
Growth −2.7% −2.9% −1.9% −1.2% −1.9% −2.0% −1.1% −1.7% −3.6%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 7.7% a year over five years, and earnings per share fell 5.2% a year.
  • The diluted share count fell 9.9% in five years, so buybacks did some of the work per share.
  • Operating margin is down 5.3 points on five years ago, at 9.2%.
  • Profitable in every one of the 10 years on file.