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Mondelez International, Inc. (MDLZ) financial health, profit and balance sheet · Scorvest

MDLZ · Nasdaq · United States · Food And Kindred Products

Mondelez International, Inc.

Chicago, IL · Fiscal year ends in December · Figures in USD

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In shortMondelez International, Inc. is profitable, generates cash and carries moderate debt, with revenue growing (+5.8% last year).

Financial health

Solid

Built from five areas over the last five annual reports. Tap an area to see the figures behind it.

How is this score calculated? →

Profitability44

Operating marginShare of each sale left after running the business, before interest and tax.	9.2%	47/100
Net marginShare of each sale left as profit after every cost, interest and tax.	6.4%	45/100
Return on equityProfit earned on the money shareholders put in. Above 15% is strong.	9.3%	46/100
Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge.	5.9%	39/100

Weight in the score: 25%

Balance sheet30

Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash.	0.59×	0/100
Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted.	0.72×	71/100
Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable.	3.33×	19/100
Interest coverageHow many times operating profit covers interest. Below 2 is risky.	5.92×	42/100
Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress.	1.77	17/100

Weight in the score: 25%

Cash generation85

Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt.	8.4%	54/100
Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy.	1.32×	100/100
Years with positive free cash flow (last 5)	5 of 5	100/100

Weight in the score: 20%

Stability93
Profitable years (last 5) 5 of 5 100/100
Years of revenue decline (last 5) 0 of 5 100/100
Revenue growth volatility 4.9% 93/100
Operating margin volatility 3.5% 77/100
Weight in the score: 20%
Growth37
Revenue growth, 3-year average 7.0% 55/100
EPS growth, 3-year average -1.2% 19/100
Weight in the score: 10%

Profitable years (last 5)	5 of 5	100/100
Years of revenue decline (last 5)	0 of 5	100/100
Revenue growth volatility	4.9%	93/100
Operating margin volatility	3.5%	77/100

Revenue growth, 3-year average	7.0%	55/100
EPS growth, 3-year average	-1.2%	19/100

Fiscal year 2025 · change vs prior year

Revenue: $38.5B; ▲ 5.8%
Net income: $2.5B; ▼ 46.8%
Free cash flow: $3.2B; ▼ 8.2%
Operating margin: 9.2%; −8.2 pts
Cash & investments: $2.2B; –
Total debt: $18.5B; ▲ 4.7%
Diluted EPS: $1.89; ▼ 44.7%
Return on equity: 9.3%; –

Trends

Annual figures as reported. Hover a bar or point for the exact value.

5 older years available with the 10-year history. Essential plan, from €8.25/month →

Revenue and net income

RevenueNet income

Margins

Statements

The last 5 fiscal years from the company's annual reports.

USD millions; negative values in parentheses.

Fiscal year	FY21	FY22	FY23	FY24	FY25
Revenue	28,720	31,496	36,016	36,441	38,537
Cost of revenue	17,466	20,184	22,252	22,184	27,602
Gross profit	11,254	11,312	13,764	14,257	10,935
Research & development	347	346	380	400	400
Selling, general & admin	6,263	7,384	8,002	7,439	7,173
Operating income	4,653	3,534	5,502	6,345	3,548
Interest expense	365	428	550	508	599
Pre-tax income	4,369	3,228	5,880	6,261	3,014
Income tax	1,190	865	1,537	1,469	782
Net income	4,300	2,717	4,959	4,611	2,451
Diluted EPS	$3.04	$1.96	$3.62	$3.42	$1.89
Diluted shares (millions)	1,413	1,385	1,370	1,347	1,298

5 older years available with the 10-year history. Essential plan, from €8.25/month →

Risk checks

Altman Z'' score

1.77 Grey zone

Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.

Piotroski F-score

5/9

Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.

Positive net income: passed
Positive operating cash flow: passed
Return on assets improved: failed
Cash flow exceeds net income: passed
Long-term debt ratio fell: failed
Current ratio improved: failed
No share dilution: passed
Gross margin improved: failed
Asset turnover improved: passed

Sources

10-QPeriod ending Jun 30, 2026Filed Jul 28, 2026Open the report ↗
10-QPeriod ending Mar 31, 2026Filed Apr 28, 2026Open the report ↗
10-KPeriod ending Dec 31, 2025Filed Feb 4, 2026Open the report ↗
10-QPeriod ending Sep 30, 2025Filed Oct 28, 2025Open the report ↗
10-QPeriod ending Jun 30, 2025Filed Jul 29, 2025Open the report ↗
10-QPeriod ending Mar 31, 2025Filed Apr 29, 2025Open the report ↗
10-KPeriod ending Dec 31, 2024Filed Feb 5, 2025Open the report ↗
10-QPeriod ending Sep 30, 2024Filed Oct 29, 2024Open the report ↗