Reading the tape
NASDAQ: MDLZ
Mondelez International, Inc.
Consumer Defensive · Food Confectioners
Market Cap
$79.01B
52w High
$71.15
52w Low
$51.20
P/E
30.36
Volume
6.37M
Outstanding Shares
1.28B
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
1Y Price: -8.43%Revenue (TTM): 7.79%FCF (TTM): -22.28%P/FCF: 75th pct
What changed
The stock fell 8.43% over the last year. Revenue grew 7.79% over the trailing twelve months. Operating margin moved from 11.79% to 9.42%. Free cash flow declined 22.28% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 9.42%. A decisive move in revenue — currently up 7.79% — would be the clearest signal to resolve the ambiguity.
Company profile
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.
CEODirk Van de Put
SectorConsumer Defensive
IndustryFood Confectioners
Employees90,000
IPO dateJun 13, 2001
Valuation
Forward P/E—
EV/EBITDA19.32
Enterprise value$89.93B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth8.24%
Gross margin28.77%▼28.41%vs FY2024
Operating margin9.42%▼46.05%vs FY2024
ROE9.49%▼44.59%vs FY2024
Analyst consensus
RatingBuy
Target price$67.00▲8.85%
31
Buy
8
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 28, 2026
Q3 FY26 · EPS est $0.69 · Revenue est $9.22B
View
Dividends
$1.97/shareQuarterlyDividend Achiever · 11yrAdequateMDLZ pays a dividend with a 3.2% dividend yield, 11 consecutive years of growth, growing at 10.08% annually, covered 1.3× by free cash flow.
Dividend Yield
3.2%
Annual Div / Share
$1.97
5yr CAGR
+10.08%
Doubles every ~7.2yr
Payout Ratio
95.98%
Adequate
Dividend Growth Rate
3yr CAGR
+9.69%
5yr CAGR
+10.08%
10yr CAGR
+11.73%
Dividend Safety
3/10Adequate
Dividend History
Annual dividends paid per share
YearAnnual DivYoY
2025$1.94+8.4%
2024$1.79+10.5%
2023$1.62+10.2%
2022$1.47+10.5%
2021$1.33+10.8%
2020$1.20+10.1%
2019$1.09+13.5%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$32/yr
$3/mo
In 5 yrs
$52/yr+62%
$4/mo
In 10 yrs
$84/yr+161%
$7/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$32/yr $3/mo | $52/yr+62% $4/mo | $84/yr+161% $7/mo |
Yield-on-cost grows from 3.2% → 8.37% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
MDLZ has raised its dividend for 11 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Strong dividend growth rate
The 5-year CAGR of 10.08% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
High payout ratio
With 95.98% of earnings paid as dividends, there is limited retained earnings for reinvestment — and a dividend cut becomes more likely if earnings decline.