Mondelez International (MDLZ) stock
Consumer Staples · Packaged Foods & Meats
Mondelez International (MDLZ) is a Packaged Foods & Meats company in the Consumer Staples sector, headquartered in Chicago, Illinois. As of October 23, 2026, MDLZ closed at $63.80, a market capitalization of $81.43 billion, the 155th largest company in the S&P 500. Over the last twelve months it generated $39.67 billion in revenue (+4% year over year) and $2.58 billion in free cash flow. The stock trades at 23.5x trailing earnings and 19.0x forward earnings.
- 1-year total return: +8.3% (dividends reinvested)
- 5-year return: +3.8% a year
- 52-week range: $51.20 – $66.65
- Gross margin 31.1%, operating margin 22.0%
- Dividend yield: 3.26%, 12 straight years of increases
- FI Handbook report card: B- across 10 metrics
- 9th largest of 34 Consumer Staples stocks in the S&P 500
MDLZ price chart
1Y price change: +4.6% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| MDLZ | +4.8% | +21.6% | +8.3% | +2.9% | +3.8% | +6.8% | +7.2% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2001.
MDLZ key statistics
- Market cap
- $81.4B
- #155 in S&P 500
- P/E (TTM)
- 23.5x
- Forward P/E
- 19.0x
- EPS (TTM)
- $2.72
- Revenue (TTM)
- $39.7B
- +4%
- Free cash flow
- $2.6B
- Gross margin
- 31.1%
- Operating margin
- 22.0%
- Return on equity
- 13.3%
- Dividend yield
- 3.26%
- 52-week range
- $51.20 – $66.65
- Beta
- 0.39
- Price / sales
- 2.1x
- EV / EBITDA
- 16.7x
- Debt / equity
- 0.83x
- Employees
- 91,000
MDLZ report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth4.1%D
- Gross margin31.1%C
- Operating margin22.0%B
- FCF margin6.5%D
- Return on equity13.3%C
- Net debt / EBITDA3.3xD
- Forward P/E19.0xB
- PEG ratio0.9xA
- Shareholder yield6.2%A
- Share count change / yr-2.1%A
Mondelez International financials
Revenue went from $25.9B in fiscal 2016 to $38.5B in fiscal 2025, growing 4.5% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.9B | $25.9B | $25.9B | $25.9B | $26.6B | $28.7B | $31.5B | $36.0B | $36.4B | $38.5B |
| Gross profit | $10.1B | $10.0B | $10.4B | $10.3B | $10.4B | $11.3B | $11.3B | $13.8B | $14.3B | $10.9B |
| Operating income | $2.6B | $3.5B | $3.3B | $3.8B | $3.9B | $4.7B | $3.5B | $5.5B | $6.3B | $3.5B |
| Net income | $1.6B | $2.8B | $3.3B | $3.9B | $3.6B | $4.3B | $2.7B | $5.0B | $4.6B | $2.5B |
| EPS (diluted) | $1.04 | $1.85 | $2.23 | $2.69 | $2.47 | $3.04 | $1.96 | $3.62 | $3.42 | $1.89 |
| Free cash flow | $1.6B | $1.6B | $2.9B | $3.0B | $3.1B | $3.2B | $3.0B | $3.6B | $3.5B | $3.2B |
| Buybacks | $2.6B | $2.2B | $2.0B | $1.5B | $1.4B | $2.1B | $2.0B | $1.5B | $2.3B | $2.4B |
| Dividends paid | $1.1B | $1.2B | $1.4B | $1.5B | $1.7B | $1.8B | $2.0B | $2.2B | $2.3B | $2.5B |
| Diluted shares | 1.6B | 1.5B | 1.5B | 1.5B | 1.4B | 1.4B | 1.4B | 1.4B | 1.3B | 1.3B |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into MDLZ?
A reverse DCF asks what growth the current price requires. With an enterprise value of $101.8B and $2.6B of trailing free cash flow, Mondelez International needs to grow free cash flow about 28.2% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 0.8% a year over the last five years.
P/E ratio history
Current 33.8x vs. median 19.6x (10th–90th percentile 13.8x–35.3x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
MDLZ dividend
- Dividend yield
- 3.26%
- Annual dividend
- $2.08
- Years of increases
- 12
- 5-yr dividend growth
- 10.1%
- per year
- Payout ratio
- 74%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
MDLZ earnings
Next report: October 29, 2026. Mondelez International has beaten EPS estimates 6 quarters in a row.
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 28, 2026 | $0.68 | $0.73 | +7.4% |
| Apr 28, 2026 | $0.61 | $0.67 | +10.2% |
| Feb 3, 2026 | $0.70 | $0.72 | +3.3% |
| Oct 28, 2025 | $0.71 | $0.73 | +2.9% |
| Jul 29, 2025 | $0.68 | $0.73 | +7.9% |
| Apr 29, 2025 | $0.66 | $0.74 | +12.2% |
| Feb 4, 2025 | $0.65 | $0.65 | -0.5% |
| Oct 29, 2024 | $0.85 | $0.99 | +16.6% |
Stocks like MDLZ
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 HSY Hershey | -3.42% | -4% | $34.1B | 23.2x | Compare |
 KHC Kraft Heinz | -1.16% | +4% | $29.4B | — | Compare |
 TSN Tyson Foods | -0.65% | +13% | $19.9B | 35.0x | Compare |
 GIS General Mills | -2.25% | -23% | $18.4B | — | Compare |
 SJM J.M. Smucker | -2.56% | +32% | $13.9B | 60.7x | Compare |
 MKC McCormick & Company, Incorporat | -1.21% | -26% | $12.9B | 8.7x | Compare |
 HRL Hormel Foods | -1.40% | -6% | $11.6B | 34.0x | Compare |
 WMT Walmart | -1.02% | +13% | $954.1B | 43.4x | Compare |
MDLZ news
- Earnings Preview: Mondelez (MDLZ) Q3 Earnings Expected to Decline · Oct 22, 2026
- Mondelēz launches gluten-free Ritz crackers · Oct 20, 2026
- Should Brand Tie Ups Require Action From Mondelez International (MDLZ) Investors? · Oct 20, 2026
- Mondelez (MDLZ) Stock Looks Cheap Against Future Cash Flow · Oct 20, 2026
- What Is Mondelez International (MDLZ) Signaling With Its Restaurant Menu Partnerships? · Oct 20, 2026
MDLZ stock FAQ
What is MDLZ's market cap?
Mondelez International's market capitalization is $81.43 billion as of October 23, 2026, ranking 155th in the S&P 500.
What is MDLZ's P/E ratio?
MDLZ trades at a trailing price-to-earnings ratio of 23.5x and a forward P/E of 19.0x. Its median P/E over the period we track is 19.6x.
Does MDLZ pay a dividend?
Yes. Mondelez International pays $2.08 per share a year, a 3.26% yield. It has raised its dividend 12 years in a row. Dividends grew 10.1% a year over the last five years.
How much has MDLZ stock returned?
Including reinvested dividends, MDLZ returned +8.3% over one year, +3.8% a year over five years, +6.8% a year over ten years through October 23, 2026.
Is MDLZ stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Mondelez International must grow free cash flow about 28% a year for the next decade. Its free cash flow grew 1% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
When does MDLZ report earnings?
Mondelez International is expected to report earnings on October 29, 2026. It has beaten EPS estimates 6 quarters in a row.
How many employees does Mondelez International have?
Mondelez International has about 91,000 full-time employees, or $435,989 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology