15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 7.7% per year over the past 5 years.
Net income has grown slower than revenue (-7.2% vs 7.7% per year).
Operating margin has contracted, at 9.2% in the latest year.
Free cash flow has grown 0.8% per year over the past 5 years.
Financial health
Total debt has grown slower than revenue (2.1% vs 7.7% per year).
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 101.5% of earnings and 76.9% of free cash flow.
The dividend has grown 8.2% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$38.5B
$2.5B
28.4%
9.2%
9.5%
3.4%
$3.2B
—
$2.2B
2024
$36.4B
$4.6B
39.1%
17.4%
17.1%
6.7%
$3.5B
—
$1.4B
2023
$36.0B
$5.0B
38.2%
15.3%
17.5%
6.9%
$3.6B
—
$1.9B
2022
$31.5B
$2.7B
35.9%
11.2%
10.1%
3.8%
$3.0B
—
$1.9B
2021
$28.7B
$4.3B
39.2%
16.2%
15.2%
6.4%
$3.2B
—
$3.6B
2020
$26.6B
$3.6B
39.3%
14.5%
12.9%
5.2%
$3.1B
—
$3.6B
2019
$25.9B
$3.9B
40.0%
14.9%
14.4%
6.1%
$3.0B
$18.5B
$1.3B
2018
$25.9B
$3.3B
39.9%
12.8%
12.9%
5.3%
$2.9B
$18.4B
$1.1B
2017
$25.9B
$2.8B
38.7%
13.4%
10.9%
4.5%
$1.6B
$17.7B
$761M
2016
$25.9B
$1.6B
39.0%
9.9%
6.5%
2.7%
$1.6B
$17.3B
$1.7B
2015
$29.6B
$7.3B
38.8%
30.0%
25.9%
11.6%
$2.2B
$15.5B
—
2014
$34.2B
$2.2B
36.8%
9.5%
7.9%
3.3%
$1.9B
$16.7B
—
2013
$35.3B
$3.9B
37.1%
11.2%
12.1%
5.4%
$4.8B
$17.1B
—
2012
$35.0B
$3.1B
37.3%
10.4%
9.5%
4.1%
$2.3B
$19.4B
—
2011
$35.8B
$3.6B
36.6%
9.8%
10.1%
3.8%
$2.7B
$26.9B
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Sep '26
$10.0B
$1.3B
39.4%
17.6%
4.9%
1.8%
$991M
—
$1.7B
Jun '26
$9.4B
$1.5B
42.6%
20.8%
5.8%
2.2%
$513M
—
$1.8B
Mar '26
$10.1B
$560M
27.8%
8.0%
2.2%
0.8%
$155M
—
$1.6B
Dec '25
$10.5B
$665M
28.2%
9.1%
2.6%
0.9%
$2.0B
—
$2.2B
Sep '25
$9.7B
$743M
26.8%
7.6%
2.8%
1.0%
$418M
—
$1.5B
Jun '25
$9.0B
$641M
32.7%
13.0%
2.4%
0.9%
$3M
—
$1.6B
Mar '25
$9.3B
$402M
26.1%
7.3%
1.6%
0.6%
$815M
—
$1.6B
Dec '24
$9.6B
$1.7B
38.6%
16.8%
6.5%
2.5%
$1.1B
—
$1.4B
Sep '24
$9.2B
$853M
32.6%
12.5%
3.1%
1.2%
$989M
—
$1.6B
Jun '24
$8.3B
$601M
33.5%
10.2%
2.2%
0.8%
$455M
—
$1.5B
Mar '24
$9.3B
$1.4B
51.1%
29.4%
5.0%
1.8%
$1.0B
—
$1.5B
Dec '23
$9.3B
$950M
37.3%
12.8%
3.4%
1.3%
$1.2B
—
$1.9B
Sep '23
$9.0B
$984M
38.7%
15.3%
3.4%
1.4%
$892M
—
$1.7B
Jun '23
$8.5B
$944M
39.4%
16.8%
3.3%
1.3%
$578M
—
$1.6B
Mar '23
$9.2B
$2.1B
37.6%
16.4%
7.4%
2.9%
$900M
—
$1.9B
Dec '22
$8.7B
$583M
35.4%
9.6%
2.2%
0.8%
$1.1B
—
$1.9B
Sep '22
$7.8B
$532M
33.7%
8.7%
2.0%
0.8%
$313M
—
$2.2B
Jun '22
$7.3B
$747M
36.3%
12.7%
2.7%
1.1%
$618M
—
$1.9B
Mar '22
$7.8B
$855M
38.4%
14.1%
3.0%
1.3%
$964M
—
$2.0B
Dec '21
$7.7B
$1.0B
37.0%
15.7%
3.5%
1.5%
$1.1B
—
$3.6B
Valuation over time
How the market has priced MDLZ against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 32.5× (Mar '23) to 34.3× (Nov '26).
The price-to-sales ratio has fallen from 2.8× (Mar '23) to 2.2× (Nov '26).
The dividend yield has risen from 2.2% (Mar '23) to 3.0% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is MDLZ growing its revenue and profit?
Over the past 5 years, Mondelez International's revenue has grown 7.7% per year, and net income declined 7.2% per year. These are computed facts, not advice.
How much debt does MDLZ have?
As of FY2025, Mondelez International reported — of total debt against $2.2B of cash.
What is MDLZ's profit margin?
In FY2025, gross margin was 28.4%, operating margin 9.2%, and net margin 6.4%.
What is MDLZ's P/E ratio?
Mondelez International's P/E (TTM) is 20.61 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the MDLZ stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 34.3× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.