Mondelez International, Inc.'s Stock Analysis

Mondelez International Enters $1.5 Billion Credit Agreement

Mondelez International has entered into a 364-Day Revolving Credit Agreement for an aggregate principal amount of $1.5 billion, with a termination date set for February 17, 2027. This agreement allows the company and its subsidiaries to borrow up to the unused commitments and may be increased by an additional $500 million with lender consent. The company has also terminated its previous $1.5 billion revolving credit agreement dated February 19, 2025.

The new credit agreement requires Mondelez to maintain a minimum shareholders’ equity of $25.0 billion, excluding certain accounting measures. Interest on borrowings will be based on a variable annual rate plus an applicable margin, which depends on the company's long-term debt rating. The funds from this agreement are intended for general corporate purposes, including working capital and supporting the company's commercial paper program.

Feb 18, 2026 16:05:30

Mondelez International Reports Q4 and FY 2025 Financial Results

Mondelez International announced its financial results for the fourth quarter and full year of 2025, reporting net revenues of approximately $38.5 billion, a 5.8% increase year-over-year. Organic net revenue growth was 4.3%, despite a 3.7% decline in volume/mix. The company's diluted earnings per share (EPS) fell by 44.7% to $1.89, while adjusted EPS decreased by 14.6% on a constant currency basis to $2.92. The company generated $4.5 billion in cash from operating activities and reported free cash flow of $3.2 billion, returning $4.9 billion to shareholders through dividends and share repurchases.

In the fourth quarter alone, net revenues rose by 9.3%, with organic net revenue growth at 5.1%. However, gross profit decreased significantly, leading to a drop in gross profit margin to 28.2%. Operating income also fell, resulting in an operating income margin of 9.1%. The company anticipates organic net revenue growth for 2026 to be flat to 2% and adjusted EPS growth to be flat to 5% on a constant currency basis, with an expected free cash flow of around $3 billion.

Feb 03, 2026 16:17:10

Luca Zaramella Appointed COO and CFO at Mondelez International

Mondelez International has appointed Luca Zaramella as Chief Operating Officer, effective February 1, 2026, while he continues in his role as Chief Financial Officer. Zaramella has been with the company since 1996 and has held various senior positions, including Executive Vice President and Chief Financial Officer since August 2018. His new role will expand his responsibilities to include overseeing the company's commercial operations across its four geographical regions, as well as corporate sales, marketing, and supply chain functions.

In connection with his appointment, Zaramella's annual compensation includes a base salary of $1,250,000, a target annual incentive of 150% of his salary, and a long-term incentive opportunity valued at $7,225,000. The company is currently searching for a successor for the CFO role, which Zaramella will vacate upon the appointment of a new CFO. This leadership change may influence investor sentiment as the company continues to focus on operational excellence and growth in the competitive snacking market.

Jan 30, 2026 16:08:39

Mondelez Reports Q3 2025 Financial Results and Shareholder Returns

Mondelez International reported a 5.9% increase in net revenues for the third quarter of 2025, driven by a 3.4% organic net revenue growth. The company faced challenges with a 4.6% decline in volume/mix and a 9.5% decrease in diluted earnings per share (EPS) to $0.57. Adjusted EPS fell 24.2% on a constant currency basis. Operating income also decreased by $409 million, with a margin of 7.6%, attributed to higher input costs and an unfavorable product mix. Year-to-date cash provided by operating activities reached $2.1 billion, with free cash flow at $1.2 billion, and the company returned $3.7 billion to shareholders in cash dividends and share repurchases during the first nine months of the year.

Looking ahead, Mondelez has updated its outlook for 2025, projecting organic net revenue growth of over 4% and a decline in adjusted EPS of approximately 15% on a constant currency basis. The company anticipates that currency translation will positively impact net revenue growth by about 0.5% and adjusted EPS by $0.05. Despite ongoing volatility in the market, including geopolitical and commodity price uncertainties, Mondelez remains focused on improving volume, increasing growth investments, and enhancing cost efficiencies.

Oct 28, 2025 16:09:12

Mondelez Reports Q2 2025 Earnings and Dividend Increase

Mondelez International announced its second-quarter results for 2025, reporting a 7.7% increase in net revenues driven by a 5.6% rise in organic net revenues, despite a 1.5% decline in volume/mix. The diluted earnings per share (EPS) rose by 8.9% to $0.49, while adjusted EPS decreased by 14.5% on a constant currency basis. The company generated $1.4 billion in cash from operating activities and $0.8 billion in free cash flow during the year-to-date period. Additionally, Mondelez returned $2.9 billion to shareholders in the first half of 2025 and declared a 6% increase in its quarterly dividend to $0.50 per share, payable on October 14, 2025.

The financial highlights indicate an increase in operating income by $318 million, with an operating income margin of 13.0%. However, gross profit margin decreased to 32.7% due to rising raw material and transportation costs. The company anticipates organic net revenue growth of approximately 5% for the year, with adjusted EPS expected to decline by about 10% on a constant currency basis, largely due to cocoa cost inflation. The outlook reflects ongoing volatility in the market, influenced by geopolitical and commodity price uncertainties.

Jul 29, 2025 16:10:57

Mondelēz International Reports Decline in Q1 2025 Earnings

Mondelēz International, Inc. reported its first quarter 2025 results, revealing a slight increase in net revenues by 0.2% to $9.313 billion, with organic net revenue growth of 3.1%. However, the company faced challenges, including a 3.5% decline in volume/mix and a significant decrease in diluted earnings per share (EPS), which fell 70.2% to $0.31. Adjusted EPS also declined by 18.3% on a constant currency basis, largely due to increased costs related to raw materials and transportation, as well as lower operating income margins. The company returned $2.1 billion to shareholders through dividends and share repurchases during the quarter.

The decline in gross profit and operating income was attributed to unfavorable changes in commodity prices and higher operational costs. The gross profit margin decreased to 26.1%, and operating income dropped 75.1% to $680 million. Despite these challenges, Mondelēz International indicated that its pricing and share performance remained strong, with confidence in its strategic agenda to drive shareholder value. The company is also maintaining its outlook for organic net revenue growth of approximately 5% for the year.

Apr 29, 2025 16:09:14

Mondelēz Reports Revenue Growth Amid Rising Cocoa Costs

Mondelēz International has reported a 4.3% increase in organic net revenue and a 5.1% rise in adjusted gross profit dollars for 2024. The company's expansion into the cakes and pastries category, with a current market share position of #3 globally, presents significant growth opportunities as it focuses on core areas like chocolate and biscuits, supported by a robust portfolio of iconic brands.

However, the company faces challenges due to record cocoa input cost inflation, which may impact margins despite the reported growth. The presentation at the CAGNY Conference emphasized the need for continued adaptation in navigating these costs while aiming to maintain market leadership across its established brands.

Feb 18, 2025 16:06:22

Mondelēz Reports $36 Billion in Net Revenues for FY 2024

Mondelēz International reported a 1.2% increase in net revenues for FY 2024, totaling approximately $36 billion. The company experienced organic net revenue growth of 4.3%, driven by higher pricing, although this was partially offset by a decline in volume/mix. Gross profit also rose by 3.6%, with a gross profit margin of 39.1%. The company returned $4.7 billion to shareholders in cash dividends and share repurchases, indicating a commitment to shareholder value. Adjusted EPS increased by 13% on a constant currency basis to $3.36, reflecting strong operating gains and lower interest expenses.

On the downside, diluted EPS declined by 5.5% to $3.42, primarily due to lapping prior-year gains and higher intangible asset impairment charges. The operating income margin improved to 17.4%, but the company faced challenges such as unfavorable currency impacts and higher raw material costs. Additionally, the volume/mix was down by 1.0%, indicating potential issues in demand or sales volume. The company noted that cocoa cost inflation would impact future earnings, projecting a decline in Adjusted EPS for FY 2025.

Feb 04, 2025 16:12:13

Mondelēz International Reports $4.9 Billion in Adjusted Earnings

Mondelēz International, Inc. reported a net earnings figure of $4.9 billion for the nine months ending September 30, 2024, reflecting a diluted earnings per share (EPS) of $2.80. The effective tax rate for this period was noted at 26.0%, showcasing a slight improvement from the previous year. Additionally, the company highlighted various costs associated with acquisitions and legal matters, indicating a structured approach towards managing operational expenses and investments.

Conversely, the company faced challenges with a significant loss on equity method investments, amounting to $669 million, which negatively impacted overall earnings. The report also revealed a decrease in reported operating income compared to the same period last year, alongside notable marketable securities losses. These factors may raise concerns among investors regarding the company's financial stability and investment performance.

Jan 15, 2025 16:07:46

Mondelēz International Appoints New Executive Vice President for Europe

Mondelēz International has announced the appointment of Volker Kuhn as the new Executive Vice President and President for Europe, effective April 1, 2025. Kuhn will replace Vinzenz Gruber, who is retiring on the same date. Kuhn brings extensive experience from his previous roles at Reckitt and Procter & Gamble, where he contributed to significant growth and transformation initiatives. His background in consumer packaged goods and leadership in various markets is expected to enhance Mondelēz's operations in Europe.

On the other hand, the company is bidding farewell to Vinzenz Gruber, whose leadership has been instrumental in advancing key brands such as Cadbury and Oreo in Europe. While Gruber's retirement marks a transition, it also raises questions about the continuity of the strategies he implemented. The company acknowledges his contributions to commercial and operational excellence but will need to ensure a smooth transition to maintain momentum in the European market.

Dec 03, 2024 09:15:01