Stock Analysis on Net
Stock Analysis on Net

Mondelēz International Inc. (NASDAQ:MDLZ)

Common-Size Income Statement
Quarterly Data

Beginner level

Mondelēz International Inc., common-size consolidated income statement (quarterly data)

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3 months ended: Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Net revenues 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -60.65 -58.11 -60.57 -63.46 -60.09 -60.41 -59.27 -60.34 -62.37 -61.61 -58.44 -57.89 -61.76 -60.92 -61.18 -60.63 -61.76 -61.10 -60.08 -60.73
Gross profit 39.35% 41.89% 39.43% 36.54% 39.91% 39.59% 40.73% 39.66% 37.63% 38.39% 41.56% 42.11% 38.24% 39.08% 38.82% 39.37% 38.24% 38.90% 39.92% 39.27%
Selling, general and administrative expenses -22.25 -22.27 -24.58 -22.92 -25.31 -23.07 -23.54 -22.84 -22.68 -23.98 -31.15 -22.57 -23.79 -20.37 -24.21 -23.00 -25.18 -24.27 -26.47 -25.02
Asset impairment and exit costs -0.66 -1.85 -1.95 -0.22 -0.85 -2.11 -0.25 -0.31 -1.46 -1.99 -1.82 -0.80 -1.72 -2.80 -3.12 -2.59 -5.05 -2.97 -2.63 -2.39
Net gain (loss) on divestiture 0.00 0.00 0.00 0.00 0.00 0.05 0.68 0.00 0.00 0.00 0.00 0.00 0.03 2.86 -0.05 0.00 0.13 0.00 0.00 0.00
Amortization of intangibles -0.70 -0.75 -0.85 -0.64 -0.64 -0.68 -0.71 -0.67 -0.65 -0.70 -0.72 -0.65 -0.65 -0.69 -0.74 -0.69 -0.65 -0.69 -0.70 -0.68
Operating income 15.74% 17.03% 12.06% 12.76% 13.11% 13.78% 16.91% 15.85% 12.85% 11.72% 7.87% 18.09% 12.12% 18.09% 10.71% 13.10% 7.49% 10.98% 10.12% 11.19%
Benefit plan non-service income 0.49 0.57 0.52 0.49 0.26 0.20 0.20 0.26 0.04 0.30 0.25 0.19 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest and other expense, net -3.34 -1.34 -1.44 -2.83 -1.01 -3.23 -1.67 -1.22 -1.57 -1.37 -4.06 -1.18 -1.72 -0.29 -2.07 -1.86 -8.49 -2.27 -2.40 -3.78
Earnings before income taxes 12.89% 16.26% 11.15% 10.42% 12.35% 10.76% 15.44% 14.88% 11.32% 10.66% 4.06% 17.10% 10.39% 17.79% 8.64% 11.24% -1.00% 8.71% 7.73% 7.41%
Income tax (provision) benefit -4.71 -5.87 -5.77 -2.21 -3.33 9.96 -3.56 -2.89 -1.64 -4.93 -0.25 -4.98 -2.56 -4.17 -1.40 -2.40 1.15 -0.63 -1.87 -0.76
Gain (loss) on equity method investment transactions 6.19 5.18 2.05 1.06 0.00 0.00 -0.41 0.35 0.31 12.04 0.00 0.00 0.57 0.00 0.00 0.00 0.00 0.00 0.00 0.67
Equity method investment net earnings 1.27 1.26 1.79 2.06 1.52 1.75 1.86 1.73 2.20 1.27 1.42 3.43 3.22 1.58 1.12 1.03 1.23 0.48 1.62 1.32
Net earnings 15.65% 16.83% 9.22% 11.33% 10.55% 22.47% 13.33% 14.07% 12.20% 19.04% 5.24% 15.55% 11.63% 15.21% 8.35% 9.87% 1.37% 8.57% 7.47% 8.63%
Noncontrolling interest earnings -0.04 -0.05 -0.02 -0.10 -0.04 -0.08 -0.02 -0.09 -0.04 -0.05 -0.03 -0.09 -0.11 -0.02 -0.03 -0.05 0.00 0.00 -0.11 -0.05
Net earnings attributable to Mondelēz International 15.61% 16.79% 9.20% 11.23% 10.50% 22.39% 13.31% 13.98% 12.15% 18.99% 5.20% 15.46% 11.51% 15.19% 8.32% 9.82% 1.37% 8.57% 7.36% 8.58%

Based on: 10-K (filing date: 2021-02-05), 10-Q (filing date: 2020-11-03), 10-Q (filing date: 2020-07-29), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-02-07), 10-Q (filing date: 2019-10-30), 10-Q (filing date: 2019-07-31), 10-Q (filing date: 2019-05-01), 10-K (filing date: 2019-02-08), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-05-02), 10-K (filing date: 2018-02-09), 10-Q (filing date: 2017-10-31), 10-Q (filing date: 2017-08-02), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-24), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-28).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Mondelēz International Inc.’s operating income as a percentage of net revenues increased from Q2 2020 to Q3 2020 but then slightly decreased from Q3 2020 to Q4 2020.
Earnings before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Mondelēz International Inc.’s earnings before income taxes as a percentage of net revenues increased from Q2 2020 to Q3 2020 but then slightly decreased from Q3 2020 to Q4 2020 not reaching Q2 2020 level.
Net earnings attributable to Mondelēz International The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Mondelēz International Inc.’s net earnings attributable to Mondelēz International as a percentage of net revenues increased from Q2 2020 to Q3 2020 but then slightly decreased from Q3 2020 to Q4 2020.