Mondelēz International Inc. (MDLZ)


Analysis of Profitability Ratios
Quarterly Data

Beginner level


Profitability Ratios (Summary)

Mondelēz International Inc., profitability ratios (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Return on Sales
Gross profit margin 39.96% 39.36% 39.07% 39.27% 39.91% 40.06% 40.21% 39.58% 38.87% 38.87% 38.83% 39.09% 39.07% 39.12% 39.14% 39.20% 38.84%
Operating profit margin 14.86% 14.80% 14.29% 12.15% 12.77% 12.58% 14.14% 14.82% 13.54% 12.33% 10.52% 10.38% 9.91% 5.68% 31.91% 31.09% 30.02%
Net profit margin 14.96% 15.42% 14.57% 12.64% 13.03% 12.86% 11.97% 12.72% 11.28% 8.61% 6.92% 6.70% 6.40% 3.16% 28.01% 26.46% 24.52%
Return on Investment
Return on equity (ROE) 14.19% 14.80% 14.33% 12.58% 13.19% 13.20% 12.53% 12.62% 11.19% 8.50% 6.88% 6.76% 6.59% 3.04% 27.38% 27.00% 25.94%
Return on assets (ROA) 6.00% 6.21% 5.88% 5.06% 5.39% 5.26% 5.01% 5.17% 4.63% 3.50% 2.82% 2.79% 2.70% 1.32% 11.94% 11.72% 11.56%

Based on: 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), 10-K (filing date: 2016-02-19), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-04-30).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Mondelēz International Inc.’s gross profit margin ratio improved from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Mondelēz International Inc.’s operating profit margin ratio improved from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Mondelēz International Inc.’s net profit margin ratio improved from Q2 2019 to Q3 2019 but then slightly deteriorated from Q3 2019 to Q4 2019 not reaching Q2 2019 level.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Mondelēz International Inc.’s ROE improved from Q2 2019 to Q3 2019 but then deteriorated significantly from Q3 2019 to Q4 2019.
ROA A profitability ratio calculated as net income divided by total assets. Mondelēz International Inc.’s ROA improved from Q2 2019 to Q3 2019 but then slightly deteriorated from Q3 2019 to Q4 2019 not reaching Q2 2019 level.

Gross Profit Margin

Mondelēz International Inc., gross profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Gross profit 2,759  2,516  2,469  2,593  2,549  2,414  2,540  2,849  2,664  2,552  2,324  2,525  2,589  2,488  2,516  2,535  2,835  2,670  3,066  2,941 
Net revenues 6,913  6,355  6,062  6,538  6,773  6,288  6,112  6,765  6,966  6,530  5,986  6,414  6,770  6,396  6,302  6,455  7,364  6,849  7,661  7,762 
Profitability Ratio
Gross profit margin1 39.96% 39.36% 39.07% 39.27% 39.91% 40.06% 40.21% 39.58% 38.87% 38.87% 38.83% 39.09% 39.07% 39.12% 39.14% 39.20% 38.84%
Benchmarks
Gross Profit Margin, Competitors2
Kraft Heinz Co. 32.59% 32.77% 33.44% 33.96% 34.71% 35.64% 36.93% 36.99% 37.22% 36.92% 36.18% 36.19% 35.62% 33.60% 32.51% 31.42%

Based on: 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), 10-K (filing date: 2016-02-19), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-04-30).

1 Q4 2019 Calculation
Gross profit margin = 100 × (Gross profitQ4 2019 + Gross profitQ3 2019 + Gross profitQ2 2019 + Gross profitQ1 2019) ÷ (Net revenuesQ4 2019 + Net revenuesQ3 2019 + Net revenuesQ2 2019 + Net revenuesQ1 2019)
= 100 × (2,759 + 2,516 + 2,469 + 2,593) ÷ (6,913 + 6,355 + 6,062 + 6,538) = 39.96%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Mondelēz International Inc.’s gross profit margin ratio improved from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Operating Profit Margin

Mondelēz International Inc., operating profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Operating income 906  876  1,025  1,036  870  737  481  1,224  844  1,181  641  840  507  702  638  722  (557) 7,802  841  811 
Net revenues 6,913  6,355  6,062  6,538  6,773  6,288  6,112  6,765  6,966  6,530  5,986  6,414  6,770  6,396  6,302  6,455  7,364  6,849  7,661  7,762 
Profitability Ratio
Operating profit margin1 14.86% 14.80% 14.29% 12.15% 12.77% 12.58% 14.14% 14.82% 13.54% 12.33% 10.52% 10.38% 9.91% 5.68% 31.91% 31.09% 30.02%
Benchmarks
Operating Profit Margin, Competitors2
Kraft Heinz Co. -46.09% -45.95% -43.04% -38.91% 21.22% 23.52% 25.68% 25.82% 25.61% 24.71% 23.52% 23.19% 21.86% 18.17% 16.24% 14.39%

Based on: 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), 10-K (filing date: 2016-02-19), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-04-30).

1 Q4 2019 Calculation
Operating profit margin = 100 × (Operating incomeQ4 2019 + Operating incomeQ3 2019 + Operating incomeQ2 2019 + Operating incomeQ1 2019) ÷ (Net revenuesQ4 2019 + Net revenuesQ3 2019 + Net revenuesQ2 2019 + Net revenuesQ1 2019)
= 100 × (906 + 876 + 1,025 + 1,036) ÷ (6,913 + 6,355 + 6,062 + 6,538) = 14.86%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Mondelēz International Inc.’s operating profit margin ratio improved from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Net Profit Margin

Mondelēz International Inc., net profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Net earnings attributable to Mondelēz International 726  1,423  807  914  823  1,194  318  1,046  802  992  498  630  93  548  464  554  (729) 7,266  406  324 
Net revenues 6,913  6,355  6,062  6,538  6,773  6,288  6,112  6,765  6,966  6,530  5,986  6,414  6,770  6,396  6,302  6,455  7,364  6,849  7,661  7,762 
Profitability Ratio
Net profit margin1 14.96% 15.42% 14.57% 12.64% 13.03% 12.86% 11.97% 12.72% 11.28% 8.61% 6.92% 6.70% 6.40% 3.16% 28.01% 26.46% 24.52%
Benchmarks
Net Profit Margin, Competitors2
Kraft Heinz Co. -42.69% -43.27% -41.62% -38.80% 39.53% 40.88% 42.45% 41.93% 15.03% 14.67% 13.81% 13.71% 12.46% 8.90% 5.59% 3.46%

Based on: 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), 10-K (filing date: 2016-02-19), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-04-30).

1 Q4 2019 Calculation
Net profit margin = 100 × (Net earnings attributable to Mondelēz InternationalQ4 2019 + Net earnings attributable to Mondelēz InternationalQ3 2019 + Net earnings attributable to Mondelēz InternationalQ2 2019 + Net earnings attributable to Mondelēz InternationalQ1 2019) ÷ (Net revenuesQ4 2019 + Net revenuesQ3 2019 + Net revenuesQ2 2019 + Net revenuesQ1 2019)
= 100 × (726 + 1,423 + 807 + 914) ÷ (6,913 + 6,355 + 6,062 + 6,538) = 14.96%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Mondelēz International Inc.’s net profit margin ratio improved from Q2 2019 to Q3 2019 but then slightly deteriorated from Q3 2019 to Q4 2019 not reaching Q2 2019 level.

Return on Equity (ROE)

Mondelēz International Inc., ROE calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Net earnings attributable to Mondelēz International 726  1,423  807  914  823  1,194  318  1,046  802  992  498  630  93  548  464  554  (729) 7,266  406  324 
Total Mondelēz International shareholders’ equity 27,275  26,806  26,093  25,828  25,637  25,457  25,203  26,452  26,111  26,031  25,720  25,658  25,161  27,509  27,592  27,770  28,012  29,868  24,645  24,546 
Profitability Ratio
ROE1 14.19% 14.80% 14.33% 12.58% 13.19% 13.20% 12.53% 12.62% 11.19% 8.50% 6.88% 6.76% 6.59% 3.04% 27.38% 27.00% 25.94%
Benchmarks
ROE, Competitors2
Kraft Heinz Co. -20.93% -21.53% -20.87% -19.73% 15.87% 16.30% 16.77% 16.66% 6.71% 6.58% 6.29% 6.33% 5.78% 4.10% 2.16% 1.10%

Based on: 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), 10-K (filing date: 2016-02-19), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-04-30).

1 Q4 2019 Calculation
ROE = 100 × (Net earnings attributable to Mondelēz InternationalQ4 2019 + Net earnings attributable to Mondelēz InternationalQ3 2019 + Net earnings attributable to Mondelēz InternationalQ2 2019 + Net earnings attributable to Mondelēz InternationalQ1 2019) ÷ Total Mondelēz International shareholders’ equity
= 100 × (726 + 1,423 + 807 + 914) ÷ 27,275 = 14.19%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Mondelēz International Inc.’s ROE improved from Q2 2019 to Q3 2019 but then deteriorated significantly from Q3 2019 to Q4 2019.

Return on Assets (ROA)

Mondelēz International Inc., ROA calculation (quarterly data)

Microsoft Excel LibreOffice Calc
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 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Net earnings attributable to Mondelēz International 726  1,423  807  914  823  1,194  318  1,046  802  992  498  630  93  548  464  554  (729) 7,266  406  324 
Total assets 64,549  63,895  63,573  64,162  62,729  63,918  62,974  64,503  63,109  63,291  62,757  62,076  61,538  63,265  63,271  63,975  62,843  66,390  65,118  64,206 
Profitability Ratio
ROA1 6.00% 6.21% 5.88% 5.06% 5.39% 5.26% 5.01% 5.17% 4.63% 3.50% 2.82% 2.79% 2.70% 1.32% 11.94% 11.72% 11.56%
Benchmarks
ROA, Competitors2
Kraft Heinz Co. -10.52% -10.75% -10.42% -9.85% 8.67% 8.78% 9.20% 9.15% 3.28% 3.21% 3.00% 3.01% 2.75% 1.95% 1.02% 0.52%

Based on: 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), 10-K (filing date: 2016-02-19), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-04-30).

1 Q4 2019 Calculation
ROA = 100 × (Net earnings attributable to Mondelēz InternationalQ4 2019 + Net earnings attributable to Mondelēz InternationalQ3 2019 + Net earnings attributable to Mondelēz InternationalQ2 2019 + Net earnings attributable to Mondelēz InternationalQ1 2019) ÷ Total assets
= 100 × (726 + 1,423 + 807 + 914) ÷ 64,549 = 6.00%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Mondelēz International Inc.’s ROA improved from Q2 2019 to Q3 2019 but then slightly deteriorated from Q3 2019 to Q4 2019 not reaching Q2 2019 level.