Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products in Latin America, North America, Asia, the Middle East, Africa, and Europe. The company provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese, grocery, and powdered beverage products. Its brand portfolio includes Oreo, Ritz, LU, CLIF Bar, Tate's Bake Shop biscuits and baked snacks, Cadbury Dairy Milk, Milka, and Toblerone chocolate. It serves supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores, and other retail food outlets through direct store delivery, company-owned and satellite warehouses, distribution centers, third-party distributors, and other facilities, as well as through independent sales offices and agents. The company also sells products directly to businesses and consumers through e-retail platforms, retailer digital platforms, as well as through its direct-to-consumer websites and social media platforms. Mondelez International, Inc. was formerly known as Kraft Foods Inc. and changed its name to Mondelez International, Inc. in October 2012. The company was incorporated in 2000 and is headquartered in Chicago, Illinois.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $38.5B | $5.0B | $2.5B | $3.2B | 9.5% | 5.8% | -46.8% |
| 2024 | $36.4B | $8.1B | $4.6B | $3.5B | 17.1% | 1.2% | -7.0% |
| 2023 | $36.0B | $7.6B | $5.0B | $3.6B | 17.5% | 14.4% | 82.5% |
| 2022 | $31.5B | $4.8B | $2.7B | $3.0B | 10.1% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 31,496 | 36,016 | 36,441 | 38,537 |
| Operating Revenue | - | 31,496 | 36,016 | 36,441 | 38,537 |
| Cost Of Revenue | - | 20,184 | 22,252 | 22,184 | 27,602 |
| Gross Profit | - | 11,312 | 13,764 | 14,257 | 10,935 |
| Operating Expense | - | 7,516 | 8,153 | 7,592 | 7,315 |
| Selling General And Administration | - | 7,384 | 8,002 | 7,439 | 7,173 |
| Total Expenses | - | 27,700 | 30,405 | 29,776 | 34,917 |
| Operating Income | - | 3,796 | 5,611 | 6,665 | 3,620 |
| Total Operating Income As Reported | - | 3,534 | 5,502 | 6,345 | 3,548 |
| EBITDA | - | 4,763 | 7,645 | 8,071 | 4,971 |
| Normalized EBITDA | - | 5,154 | 7,149 | 8,391 | 5,043 |
| EBIT | - | 3,656 | 6,430 | 6,769 | 3,613 |
| Interest Income | - | 134 | 241 | 328 | 317 |
| Interest Expense | - | 428 | 550 | 508 | 599 |
| Net Interest Income | - | -294 | -309 | -180 | -282 |
| Other Non Operating Income Expenses | - | 117 | 82 | 96 | -252 |
| Other Income Expense | - | -274 | 578 | -224 | -324 |
| Interest Income Non Operating | - | 134 | 241 | 328 | 317 |
| Interest Expense Non Operating | - | 428 | 550 | 508 | 599 |
| Net Non Operating Interest Income Expense | - | -294 | -309 | -180 | -282 |
| Pretax Income | - | 3,228 | 5,880 | 6,261 | 3,014 |
| Tax Provision | - | 865 | 1,537 | 1,469 | 782 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -104.79 | 129.46 | -75.08 | -18.68 |
| Net Income Continuous Operations | - | 2,726 | 4,968 | 4,623 | 2,466 |
| Net Income From Continuing And Discontinued Operation | - | 2,717 | 4,959 | 4,611 | 2,451 |
| Net Income From Continuing Operation Net Minority Interest | - | 2,717 | 4,959 | 4,611 | 2,451 |
| Net Income | - | 2,717 | 4,959 | 4,611 | 2,451 |
| Net Income Common Stockholders | - | 2,717 | 4,959 | 4,611 | 2,451 |
| Net Income Including Noncontrolling Interests | - | 2,726 | 4,968 | 4,623 | 2,466 |
| Normalized Income | - | 3,003.21 | 4,592.46 | 4,855.92 | 2,504.32 |
| Diluted NI Availto Com Stockholders | - | 2,717 | 4,959 | 4,611 | 2,451 |
| Basic Average Shares | - | 1,378 | 1,363 | 1,341 | 1,294 |
| Diluted Average Shares | - | 1,385 | 1,370 | 1,347 | 1,298 |
| Reconciled Depreciation | - | 1,107 | 1,215 | 1,302 | 1,358 |
| Reconciled Cost Of Revenue | - | 19,209 | 21,188 | 21,035 | 26,386 |
| Total Unusual Items | - | -391 | 496 | -320 | -72 |
| Total Unusual Items Excluding Goodwill | - | -391 | 496 | -320 | -72 |
| Minority Interests | - | -9 | -9 | -12 | -15 |
| Earnings From Equity Interest Net Of Tax | - | 363 | 625 | -169 | 234 |
| Special Income Charges | - | -391 | -110 | -320 | -72 |
| Other Special Charges | 137 | 129 | 1 | - | - |
| Impairment Of Capital Assets | - | 262 | 217 | 324 | 85 |
| Restructuring And Mergern Acquisition | - | 0 | -108 | -4 | -13 |
| Gain On Sale Of Security | - | - | 606 | - | - |
| Depreciation Amortization Depletion Income Statement | - | 132 | 151 | 153 | 142 |
| Depreciation And Amortization In Income Statement | - | 132 | 151 | 153 | 142 |
| Amortization | - | 132 | 151 | 153 | 142 |
| Amortization Of Intangibles Income Statement | - | 132 | 151 | 153 | 142 |
Consumer Defensive sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Mondelez International, Inc.this co. | MDLZ | $78.3B | 31.94β premium | 3.03 | 9.5% | 19.71 |
| Altria Group, Inc. | MO | $117.9B | 16.97 | -33.66 | -198.4% | 12.84 |
| Monster Beverage Corporation | MNST | $86.6B | 45.45 | 10.49 | 23.1% | 33.23 |
| Colgate-Palmolive Company | CL | $68.1B | 31.94 | 1261.04 | 3948.1% | 19.05 |
| Target Corporation | TGT |
| - |
| - |
| - |
| - |
| - |
| - |
| $56.3B |
| 15.18 |
| 3.48 |
| 22.9% |
| 8.51 |
| Keurig Dr Pepper Inc. | KDP | $40.9B | 19.67 | 1.60 | 8.1% | 13.36 |
| Coca-Cola Europacific Partners PLC | CCEP | $40.7B | 20.98 | 5.20 | 24.8% | 13.40 |
| Archer-Daniels-Midland Company | ADM | $40.2B | 37.27 | 1.77 | 4.7% | 16.05 |
| The Kroger Co. | KR | $38.4B | 37.77 | 6.47 | 17.1% | 10.37 |
| Peer Median | - | 26.46 | 4.34 | 20.0% | 13.38 | |