Return on Equity (ROE)
since 2005
Calculation
Mondelēz International Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net earnings attributable to Mondelēz International1 | ÷ | Total Mondelēz International shareholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2025 | 9.49% | = | 100 | × | 2,451) | ÷ | 25,838) |
| Dec 31, 2024 | 17.12% | = | 100 | × | 4,611) | ÷ | 26,932) |
| Dec 31, 2023 | 17.50% | = | 100 | × | 4,959) | ÷ | 28,332) |
| Dec 31, 2022 | 10.11% | = | 100 | × | 2,717) | ÷ | 26,883) |
| Dec 31, 2021 | 15.21% | = | 100 | × | 4,300) | ÷ | 28,269) |
| Dec 31, 2020 | 12.89% | = | 100 | × | 3,555) | ÷ | 27,578) |
| Dec 31, 2019 | 14.19% | = | 100 | × | 3,870) | ÷ | 27,275) |
| Dec 31, 2018 | 13.19% | = | 100 | × | 3,381) | ÷ | 25,637) |
| Dec 31, 2017 | 11.19% | = | 100 | × | 2,922) | ÷ | 26,111) |
| Dec 31, 2016 | 6.59% | = | 100 | × | 1,659) | ÷ | 25,161) |
| Dec 31, 2015 | 25.94% | = | 100 | × | 7,267) | ÷ | 28,012) |
| Dec 31, 2014 | 7.87% | = | 100 | × | 2,184) | ÷ | 27,750) |
| Dec 31, 2013 | 12.09% | = | 100 | × | 3,915) | ÷ | 32,373) |
| Dec 31, 2012 | 9.40% | = | 100 | × | 3,028) | ÷ | 32,215) |
| Dec 31, 2011 | 10.02% | = | 100 | × | 3,527) | ÷ | 35,217) |
| Dec 31, 2010 | 11.48% | = | 100 | × | 4,114) | ÷ | 35,834) |
| Dec 31, 2009 | 11.67% | = | 100 | × | 3,021) | ÷ | 25,876) |
| Dec 31, 2008 | 13.07% | = | 100 | × | 2,901) | ÷ | 22,200) |
| Dec 31, 2007 | 9.49% | = | 100 | × | 2,590) | ÷ | 27,295) |
| Dec 31, 2006 | 10.72% | = | 100 | × | 3,060) | ÷ | 28,555) |
| Dec 31, 2005 | 8.89% | = | 100 | × | 2,632) | ÷ | 29,593) |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Return on Equity (ROE) for the analyzed period demonstrates considerable fluctuation. Initially, the metric exhibited an increasing trend from 2005 to 2008, followed by a period of relative stability before a significant surge in 2015. Subsequent years show continued variability, with a recent decline observed in the latest reporting periods.
- Initial Growth (2005-2008)
- From 2005 to 2008, ROE increased from 8.89% to 13.07%. This period suggests improving profitability relative to shareholder equity. The increase indicates the company was becoming more efficient in generating profits from its equity base.
- Period of Stability (2009-2012)
- Between 2009 and 2012, ROE remained relatively stable, fluctuating between 9.40% and 12.09%. This suggests a consistent, though not dramatically improving, performance in utilizing shareholder equity to generate earnings. The range indicates some year-to-year variation, but without a clear directional trend.
- Significant Increase (2015)
- A substantial increase in ROE was observed in 2015, reaching 25.94%. This outlier performance was likely driven by a significant increase in net earnings attributable to the company, while shareholder equity remained relatively constant. This suggests a particularly profitable year or the impact of financial leverage.
- Post-Peak Volatility (2016-2023)
- Following the peak in 2015, ROE experienced considerable volatility. It decreased to 6.59% in 2016, then fluctuated between approximately 10% and 17.5% over the subsequent years. This suggests inconsistent earnings performance or changes in equity levels. The range indicates a lack of sustained improvement or decline.
- Recent Decline (2022-2025)
- The most recent period, from 2022 to 2025, shows a downward trend in ROE. It decreased from 17.50% in 2022 to 9.49% in 2025. This decline could be attributed to decreasing net earnings, increasing shareholder equity, or a combination of both. Further investigation would be needed to determine the underlying cause.
Overall, the ROE demonstrates a pattern of cyclicality and volatility. While periods of strong performance are evident, the recent decline warrants attention and further analysis to understand the factors impacting profitability and equity utilization.
Comparison to Competitors
Mondelēz International Inc., ROE, long-term trends, comparison to competitors
| Mondelēz International Inc. | Coca-Cola Co. | PepsiCo Inc. | Philip Morris International Inc. | |
|---|---|---|---|---|
| Dec 31, 2025 | 9.49% | 40.74% | 40.38% | — |
| Dec 31, 2024 | 17.12% | 42.77% | 53.09% | — |
| Dec 31, 2023 | 17.50% | 41.30% | 49.04% | — |
| Dec 31, 2022 | 10.11% | 39.59% | 51.96% | — |
| Dec 31, 2021 | 15.21% | 42.48% | 47.48% | — |
| Dec 31, 2020 | 12.89% | 40.14% | 52.92% | — |
| Dec 31, 2019 | 14.19% | 46.99% | 49.47% | — |
| Dec 31, 2018 | 13.19% | 37.89% | 86.20% | — |
| Dec 31, 2017 | 11.19% | 7.31% | 44.60% | — |
| Dec 31, 2016 | 6.59% | 28.30% | 57.04% | — |
| Dec 31, 2015 | 25.94% | 28.77% | 45.73% | — |
| Dec 31, 2014 | 7.87% | 23.41% | 37.35% | — |
| Dec 31, 2013 | 12.09% | 25.88% | 27.76% | — |
| Dec 31, 2012 | 9.40% | 27.51% | 27.71% | — |
| Dec 31, 2011 | 10.02% | 27.10% | 31.29% | 3,751.53% |
| Dec 31, 2010 | 11.48% | 38.09% | 29.86% | 207.05% |
| Dec 31, 2009 | 11.67% | 27.52% | 35.38% | 110.95% |
| Dec 31, 2008 | 13.07% | 28.37% | 42.47% | 91.87% |
| Dec 31, 2007 | 9.49% | 27.51% | 32.83% | — |
| Dec 31, 2006 | 10.72% | 30.02% | 36.71% | — |
| Dec 31, 2005 | 8.89% | 29.79% | 28.62% | — |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Food, Beverage & Tobacco)
Mondelēz International Inc., ROE, long-term trends, comparison to sector (food, beverage & tobacco)
| Mondelēz International Inc. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 31, 2025 | 9.49% | 51.37% |
| Dec 31, 2024 | 17.12% | 54.89% |
| Dec 31, 2023 | 17.50% | 52.90% |
| Dec 31, 2022 | 10.11% | 51.06% |
| Dec 31, 2021 | 15.21% | 53.84% |
| Dec 31, 2020 | 12.89% | 55.44% |
| Dec 31, 2019 | 14.19% | 55.17% |
| Dec 31, 2018 | 13.19% | 67.69% |
| Dec 31, 2017 | 11.19% | 35.87% |
| Dec 31, 2016 | 6.59% | 46.07% |
| Dec 31, 2015 | 25.94% | 51.57% |
| Dec 31, 2014 | 7.87% | 37.04% |
| Dec 31, 2013 | 12.09% | 33.90% |
| Dec 31, 2012 | 9.40% | 32.24% |
| Dec 31, 2011 | 10.02% | 30.95% |
| Dec 31, 2010 | 11.48% | 32.24% |
| Dec 31, 2009 | 11.67% | 30.24% |
| Dec 31, 2008 | 13.07% | 33.30% |
| Dec 31, 2007 | 9.49% | 21.47% |
| Dec 31, 2006 | 10.72% | 22.65% |
| Dec 31, 2005 | 8.89% | 19.24% |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Staples)
Mondelēz International Inc., ROE, long-term trends, comparison to industry (consumer staples)
| Mondelēz International Inc. | Consumer Staples | |
|---|---|---|
| Dec 31, 2025 | 9.49% | 32.41% |
| Dec 31, 2024 | 17.12% | 32.18% |
| Dec 31, 2023 | 17.50% | 30.71% |
| Dec 31, 2022 | 10.11% | 32.10% |
| Dec 31, 2021 | 15.21% | 31.40% |
| Dec 31, 2020 | 12.89% | 30.98% |
| Dec 31, 2019 | 14.19% | 22.71% |
| Dec 31, 2018 | 13.19% | 28.05% |
| Dec 31, 2017 | 11.19% | 25.14% |
| Dec 31, 2016 | 6.59% | 25.00% |
| Dec 31, 2015 | 25.94% | 23.15% |
| Dec 31, 2014 | 7.87% | 23.21% |
| Dec 31, 2013 | 12.09% | 24.09% |
| Dec 31, 2012 | 9.40% | 23.55% |
| Dec 31, 2011 | 10.02% | 23.75% |
| Dec 31, 2010 | 11.48% | 24.19% |
| Dec 31, 2009 | 11.67% | 23.20% |
| Dec 31, 2008 | 13.07% | 22.49% |
| Dec 31, 2007 | 9.49% | 18.15% |
| Dec 31, 2006 | 10.72% | 18.58% |
| Dec 31, 2005 | 8.89% | 22.40% |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).