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
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
FCF
Total debt
Cash
2025
$38.5B
$2.5B
28.4%
9.2%
$3.2B
—
$2.2B
2024
$36.4B
$4.6B
39.1%
17.4%
$3.5B
—
$1.4B
2023
$36.0B
$5.0B
38.2%
15.3%
$3.6B
—
$1.9B
2022
$31.5B
$2.7B
35.9%
11.2%
$3.0B
—
$1.9B
2021
$28.7B
$4.3B
39.2%
16.2%
$3.2B
—
$3.6B
2020
$26.6B
$3.6B
39.3%
14.5%
$3.1B
—
$3.6B
2019
$25.9B
$3.9B
40.0%
14.9%
$3.0B
$18.5B
$1.3B
2018
$25.9B
$3.3B
39.9%
12.8%
$2.9B
$18.4B
$1.1B
2017
$25.9B
$2.8B
38.7%
13.4%
$1.6B
$17.7B
$761M
2016
$25.9B
$1.6B
39.0%
9.9%
$1.6B
$17.3B
$1.7B
2015
$29.6B
$7.3B
38.8%
30.0%
$2.2B
$15.5B
—
2014
$34.2B
$2.2B
36.8%
9.5%
$1.9B
$16.7B
—
2013
$35.3B
$3.9B
37.1%
11.2%
$4.8B
$17.1B
—
2012
$35.0B
$3.1B
37.3%
10.4%
$2.3B
$19.4B
—
2011
$35.8B
$3.6B
36.6%
9.8%
$2.7B
$26.9B
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$10.1B
$560M
27.8%
8.0%
$155M
—
$1.6B
Dec '25
$10.5B
$665M
28.2%
9.1%
$2.0B
—
$2.2B
Sep '25
$9.7B
$743M
26.8%
7.6%
$418M
—
$1.5B
Jun '25
$9.0B
$641M
32.7%
13.0%
$3M
—
$1.6B
Mar '25
$9.3B
$402M
26.1%
7.3%
$815M
—
$1.6B
Dec '24
$9.6B
$1.7B
38.6%
16.8%
$1.1B
—
$1.4B
Sep '24
$9.2B
$853M
32.6%
12.5%
$989M
—
$1.6B
Jun '24
$8.3B
$601M
33.5%
10.2%
$455M
—
$1.5B
Mar '24
$9.3B
$1.4B
51.1%
29.4%
$1.0B
—
$1.5B
Dec '23
$9.3B
$950M
37.3%
12.8%
$1.2B
—
$1.9B
Sep '23
$9.0B
$984M
38.7%
15.3%
$892M
—
$1.7B
Jun '23
$8.5B
$944M
39.4%
16.8%
$578M
—
$1.6B
Mar '23
$9.2B
$2.1B
37.6%
16.4%
$900M
—
$1.9B
Dec '22
$8.7B
$583M
35.4%
9.6%
$1.1B
—
$1.9B
Sep '22
$7.8B
$532M
33.7%
8.7%
$313M
—
$2.2B
Jun '22
$7.3B
$747M
36.3%
12.7%
$618M
—
$1.9B
Mar '22
$7.8B
$855M
38.4%
14.1%
$964M
—
$2.0B
Dec '21
$7.7B
$1.0B
37.0%
15.7%
$1.1B
—
$3.6B
Sep '21
$7.2B
$1.3B
39.3%
18.0%
$699M
—
$3.4B
Jun '21
$6.6B
$1.1B
39.6%
13.1%
$683M
—
$2.0B
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 fallen from 32.9× (Mar '23) to 32.1× (Jun '26).
The price-to-sales ratio has fallen from 2.8× (Mar '23) to 2.0× (Jun '26).
The dividend yield has risen from 2.2% (Mar '23) to 3.2% (Jun '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?
As of Jun '26, Mondelez International traded at a price-to-earnings ratio of about 32.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.