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MDLZ
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MDLZMondelez International, Inc.
$66.02$84.3B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
MDLZ logo

Mondelez International, Inc.

MDLZ
NASDAQ · Packaged Foods
$66.02
At close - Nov 6, 4:00 PM EST - USD
Market Cap$84.26B
P/E20.7x
52W High$68.75
Volume7.21M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Volatile Margins and Heavy Debt Temper Mondelez Outlook

Mondelez shows recovering top-line growth, with revenue growth moving from roughly flat in early 2025 to 9.3% in Q4 2025 before easing to 2.3% in Q3 2026, though gross margin swung between 27.8% and 42.6% over recent quarters, suggesting heavy sensitivity to cocoa and commodity input costs.

GrowthMixed
ProfitabilityModerate
ValuationAttractive
TechnicalsStrong
Explore valuation models
MARKET ACTION

MDLZ price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

11/12 Beats

EPS beat 11 of last 12 quarters

02

Valuation risk

-14% Peers

P/E is 14% below peer median

03

Market leadership

RS 77 · Avg

Average momentum (RS Rating: 77)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Jan 29
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth proved volatile, moving from 0.2% in Q1 2025 to 9.3% in Q4 2025 before easing to 2.3% in Q3 2026, while operating margin ranged from 7.3% to 20.8%, indicating profitability driven by gross profit swings rather than overhead scaling.

Analyst Consensus+9.1% target
Buy(43 analysts)
33 Buy8 Hold2 Sell

The Bull Case

Upside Catalysts

Strong brand portfolio

Mondelez boasts a diverse and heritage-rich portfolio of globally recognized snack and confectionery brands, supporting long-term stability.

Resilient volume growth

The company has demonstrated consistent volume growth, even amidst challenges like cocoa inflation, highlighting its operational resilience.

Attractive valuation

Mondelez's trailing and forward P/E ratios suggest the stock is attractively valued, presenting a potential investment opportunity.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
MDLZ+25.89%
S&P 500 (^GSPC)+7.63%
1-Year Return
MDLZ+21.09%
S&P 500 (^GSPC)+9.69%
3-Year Return
MDLZ+5.06%
S&P 500 (^GSPC)+67.17%
5-Year Return
MDLZ+20.73%
S&P 500 (^GSPC)+55.22%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
20.7x
Forward P/E
21.6x
EV/EBITDA20th %ile
15.2x
FCF YieldCash Flow
4.3%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
20.7x
21.8x
40th· Fair
EV/EBITDA
15.2x
18.4x
20th· Low
Price/FCF
23.0x
27.5x
40th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$35.13-46.8%
Base (Fair)$76.71+16.2%
Bull$132.59+100.8%
$35.13 Bear$76.71 Base$132.59 Bull
Current Market Price: $66.02
Trades at a 13.9% discount to Base DCF ($76.71)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$38.54B+5.8% YoY
Net income FY25
$2.45B-46.8% YoY
Free cash flow FY25
$3.23B-8.2% YoY
Operating margin FY25
9.2%-8.2 pts YoY
ROIC (FY25)5.9%
Avg ROIC 5Y7.7%
ROE (TTM)15.5%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate11/12 (92%)
Revenue Beat Rate8/12 (67%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 29, 2026
$0.78+10.2%
vs $0.71
$10.0B-0.2%
vs $10.0B
Q3 2026
Jul 28, 2026
$0.73+7.4%
vs $0.68
$9.4B+1.6%
vs $9.2B
Q2 2026
Apr 28, 2026
$0.67+10.2%
vs $0.61
$10.1B+3.4%
vs $9.7B
Q1 2026
Feb 3, 2026
$0.72+3.4%
vs $0.70
$10.5B+1.8%
vs $10.3B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
PRNewsWire·2d ago
THE RITZ® BRAND RETURNS TO THE BIG GAME WITH BITE-SIZED FUN IN 2027

The brand's third consecutive Big Game appearance will spotlight its bite-sized snacks, RITZ® Bits Cracker Sandwiches and RITZ® Drizzled Minis Crackers. EAST HANOVER, N.J.

Business Wire·2d ago
Mondelēz International and Accenture Transform Order-to-Cash With AI

NEW YORK & CHICAGO--(BUSINESS WIRE)--Mondelēz International and Accenture are collaborating to transform Mondelēz's end-to-end Order-to-Cash process through agentic AI.

Defense World·2d ago
25,831 Mondelez International, Inc. $MDLZ Shares Sold by AIA Group Ltd

AIA Group Ltd lessened its stake in shares of Mondelez International, Inc. (NASDAQ: MDLZ) by 39.0% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,404 shares of the company's stock after selling 25,831 shares during the period. AIA Group

Fool - Investing News·3d ago
If a Stock Market Crash Comes in November, You'll Still Rest Easy Knowing You Bought This Dividend Stock

This snack maker shouldn't see demand falter during poor economic times.

Filtered for Mondelez International, Inc.More Headlines
04

Compare before deciding

Benchmark MDLZ against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Mondelez International, Inc. (MDLZ)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
MDLZ logoMDLZMondelez International, Inc.Current
$66.02$84.26B20.725.75%10.22%15.53%2.9%
HSY logoHSYThe Hershey Company
$178.08$36.12B20.034.38%14.63%38.14%3%
CPB logoCPBCampbell Soup Company
$23.13$6.9B17.45-4.96%4.14%9.98%6.77%
GIS logoGISGeneral Mills, Inc.
$35.51$18.95B-21.35-5.45%-4.89%-10.67%6.77%
SJM logoSJMThe J. M. Smucker Company
$130.55$13.92B60.923.72%2.51%4.06%3.34%
TR logoTRTootsie Roll Industries, Inc.
$38.97$2.93B35.121.29%11.36%8.76%0.92%

Compare MDLZ vs Peers

Mondelez International, Inc. (MDLZ) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HSY

Most directly comparable listed peer for MDLZ.

Scale Benchmark

vs WMT

Larger-name benchmark to compare MDLZ against a more recognizable public peer.

Peer Set

Compare Top 5

vs HSY, CPB, GIS, SJM

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

MDLZ SEC Filings & Documents

Mondelez International, Inc. (MDLZ) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Oct 29, 2026·SEC

Material company update

Jul 28, 2026·SEC

Material company update

Jun 18, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 4, 2026·SEC

FY 2025

Feb 5, 2025·SEC

FY 2024

Feb 2, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Oct 29, 2026·SEC

FY 2026

Jul 28, 2026·SEC

FY 2026

Apr 28, 2026·SEC

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MDLZ Frequently Asked Questions

Mondelez International, Inc. (MDLZ) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Mondelez International, Inc.'s revenue?

Mondelez International, Inc. (MDLZ) reported $39.90B in revenue over the trailing twelve months. Revenue was $38.54B in fiscal year 2025. That is 60% more than the $24.14B of fiscal year 1998.

How fast is Mondelez International, Inc. growing?

Mondelez International, Inc. (MDLZ) grew revenue by 6.0% over the trailing twelve months, compared with the twelve months before.

Is MDLZ profitable?

Yes. Mondelez International, Inc. (MDLZ) earned $4.08B in net income over the trailing twelve months (a 10.2% net margin).

Dividend & Returns
Does MDLZ pay dividends?

Yes. Mondelez International, Inc. (MDLZ) pays a dividend that yields 2.90% at the current price, a moderate yield.

What is MDLZ's return on equity?

Mondelez International, Inc. (MDLZ) had a return on equity (ROE) of 15.5% over the trailing twelve months. That is above the market's typical 10-15%.

What is Mondelez International, Inc.'s free cash flow?

Mondelez International, Inc. (MDLZ) generated $3.66B in free cash flow over the trailing twelve months.

What if you invested $1,000 in MDLZ back in 1998?

Total return calculator · dividends reinvested · 28+ years of data

See returns →