Mondelez International (MDLZ) AI Stock Analysis

• Market Cap: $88.20B
• Dividend Yield: 2.76%
• Average Volume (3M): 6.40M
• Price to Earnings (P/E): 24.9
• Beta (1Y): 0.08
• Revenue Growth: 0.90%
• EPS Growth: -14.60%
• Country: US
• Employees: 90,000
• Sector: Consumer Defensive
• Sector Strength: 70
• Industry: Food Confectioners
• EPS (TTM): 0.74
• Shares Outstanding: 1,294,815,400
• 10 Day Avg. Volume: 6,283,667
• 30 Day Avg. Volume: 6,398,937
• PEG Ratio: -2.56
• Price to Book (P/B): 3.42
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 30.59
• Enterprise Value/Market Cap: 1.10
• Enterprise Value/Revenue: 0.67
• Enterprise Value/Gross Profit: 8.14
• Enterprise Value/Ebitda: 3.30
• 1Y Price Target: $72.29
• Price Target Upside: 8.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 19

• Rating: 72 Outperform
• Price Target: $73.00 ▲(9.07%Upside)

Mondelez International's strong financial performance, highlighted by robust revenue growth and cash flow generation, is the most significant factor in its overall stock score. The earnings call supports this with strategic execution and revenue gains, despite challenges like cocoa costs. Technical analysis indicates market indecision, and the valuation reflects a premium pricing. These factors combine to provide a solid foundation for the company's stock score, though vigilance on cost management and market trends is advisable.

Positive Factors

E-commerce Growth

The company has also accelerated its e-commerce business, which achieved double-digit growth with continued investment to sustain momentum.

Market Share

MDLZ's Western European market share trends have significantly accelerated, highlighting the strength of its brands, particularly in chocolate, despite higher prices due to cocoa inflation.

Sales Rebound

Management expressed strong confidence in a sales rebound due to one-off factors reversing and favorable foreign exchange impacts.

Negative Factors

Emerging Market Outlook

Mixed outlook for emerging markets could mitigate one key growth catalyst due to potential global slowdown, trade tensions, inflation pressures, and geopolitical risks.

Operating Profit Pressure

There is an assumption of ongoing pressure on operating profit due to unfavorable cocoa costs.

Soft Snacking Demand

Downgrading MDLZ to NEUTRAL from Buy as near term results could underwhelm amidst soft snacking demand in the U.S. and a mixed outlook across emerging markets.

Mondelez International Business Overview & Revenue Model

Company Description

Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits, including cookies, crackers, and salted snacks; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products. The company's snack brand portfolio includes Cadbury, Milka, and Toblerone chocolates; Oreo, belVita, and LU biscuits; Halls candies; Trident gums; and Tang powdered beverages. 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, third party distributors, and other facilities, as well as through independent sales offices and agents, and e-commerce channels. The company was formerly known as Kraft Foods Inc. and changed its name to Mondelez International, Inc. in October 2012. Mondelez International, Inc. was incorporated in 2000 and is headquartered in Chicago, Illinois.

How the Company Makes Money

Mondelez International generates revenue through the manufacturing, marketing, and distribution of its diverse portfolio of snack food products. The company's key revenue streams include sales of chocolate products, biscuits, gum and candy, and cheese and grocery items. Mondelez International leverages its well-established brand portfolio to secure strong market positions globally. Additionally, the company benefits from strategic partnerships and collaborations to expand its product offerings and reach. Mondelez also employs pricing strategies and innovation in product development to sustain growth in competitive markets. Revenue is further supported by strategic acquisitions and investments in emerging markets to capture new consumer segments.

Mondelez International Financial Statement Overview

Summary

Mondelez International exhibits strong revenue growth and operational efficiency, despite variability in profitability metrics. The balance sheet reflects moderate leverage, with increasing liabilities warranting attention. Cash flow metrics are robust, indicating financial flexibility and support for future growth.

Income Statement

Mondelez International shows strong revenue growth with a steady rise from $26.58 billion in 2020 to $36.46 billion TTM (Trailing-Twelve-Months) in 2025. The gross profit margin has remained robust, with the latest TTM figure at approximately 32.73%. However, the net profit margin has shown some variability, with a decrease to around 9.88% TTM from 12.66% in 2024. EBIT and EBITDA margins also reflect solid operational efficiency, maintaining stability above 11% and 15%, respectively. The overall trend suggests strong revenue growth and operational efficiency, though there is room for improvement in net profitability.

Balance Sheet

The balance sheet reflects a sound financial position with a debt-to-equity ratio of approximately 0.78 TTM, indicating moderate leverage. Stockholders' equity has shown resilience despite slight fluctuations, reflecting stability. The equity ratio stands at 37.41%, showcasing a reasonable proportion of equity financing. However, the company's total liabilities have increased, which could pose risks if not managed carefully. Overall, the balance sheet shows a balanced approach to leverage and equity, though increased liabilities warrant attention.

Cash Flow

Mondelez's cash flow statement reveals a strong operating cash flow to net income ratio of approximately 1.3 TTM, indicating efficient cash generation relative to earnings. The free cash flow to net income ratio is also robust at about 0.92, showing solid free cash generation. While free cash flow growth has been uneven, the company's ability to maintain healthy cash metrics demonstrates financial flexibility and resilience. This strength in cash flows supports future growth opportunities and dividend potential.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
36.46B	36.44B	36.02B	31.50B	28.72B	26.58B
	Gross Profit
11.94B	14.26B	13.76B	11.31B	11.25B	10.45B
	EBIT
4.30B	6.34B	5.50B	3.53B	4.65B	3.85B
	EBITDA
5.95B	8.07B	7.64B	4.76B	5.85B	4.92B
	Net Income Common Stockholders
3.60B	4.61B	4.96B	2.72B	4.30B	3.56B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.56B	1.35B	1.81B	1.92B	3.55B	3.62B
	Total Assets
68.93B	68.50B	71.39B	71.16B	67.09B	67.81B
	Total Debt
20.16B	18.37B	19.95B	23.54B	19.97B	20.52B
	Net Debt
18.59B	17.02B	18.14B	21.62B	16.43B	16.90B
	Total Liabilities
43.10B	41.54B	43.02B	44.24B	38.77B	40.16B
	Stockholders Equity
25.79B	26.93B	28.33B	26.88B	28.27B	27.58B
Cash Flow		Free Cash Flow
3.31B	3.52B	3.60B	3.00B	3.18B	3.10B
	Operating Cash Flow
4.68B	4.91B	4.71B	3.91B	4.14B	3.96B
	Investing Cash Flow
721.00M	526.00M	2.81B	-4.89B	-26.00M	500.00M
	Financing Cash Flow
-5.26B	-5.78B	-7.56B	-456.00M	-4.07B	-2.21B

Mondelez International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 66.93
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MDLZ, the sentiment is Positive. The current price of 66.93 is above the 20-day moving average (MA) of 66.60, above the 50-day MA of 66.55, and above the 200-day MA of 65.23, indicating a bullish trend. The MACD of 0.27 indicates Negative momentum. The RSI at 51.86 is Neutral, neither overbought nor oversold. The STOCH value of 66.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MDLZ.

Mondelez International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HSY	75 Outperform	$34.05B	20.73	37.48%	3.18%	-5.91%	-19.78%
MDLZ	72 Outperform	$88.20B	24.87	13.27%	2.76%	0.90%	-14.60%
KR	69 Neutral	$43.03B	17.59	26.59%	1.97%	-1.94%	23.94%
KHC	68 Neutral	$31.27B	11.98	5.36%	6.05%	-4.25%	-4.04%
K	66 Neutral	$28.31B	20.56	39.05%	2.84%	-12.00%	49.20%
Sector *	65 Neutral	$8.89B	14.91	4.67%	6.16%	3.60%	-2.89%
GIS	63 Neutral	$29.98B	11.76	27.37%	4.38%	-2.62%	4.27%

Mondelez International Corporate Events

Mondelez Approves New Severance Plan for Executives

On May 20, 2025, Mondelēz International, Inc. announced the approval of a new Severance Plan for Key Executives, which includes various benefits such as cash severance, health benefits, and equity award accelerations, aimed at providing support upon termination without cause or resignation for good reason. The following day, the company held its annual shareholders’ meeting, where 10 directors were elected, and several proposals were voted on, including the approval of executive compensation and the Global Employee Stock Purchase Matching Plan, while several shareholder proposals were not approved.

The most recent analyst rating on (MDLZ) stock is a Buy with a $76.00 price target. To see the full list of analyst forecasts on Mondelez International stock, see the MDLZ Stock Forecast page.

Mondelez International Completes $1.6 Billion Notes Offering

On May 1, 2025, Mondelez International announced the pricing of a senior notes offering, including notes due in 2028, 2030, and 2035, totaling $1.6 billion. The issuance, completed on May 6, 2025, was facilitated through agreements with several underwriters and modifications to existing indentures, reflecting the company’s strategic financial maneuvers to manage its debt and financing structure.