Mondelez International Inc (MDLZ)
Net profit margin
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 4,959,000 | 2,717,000 | 4,300,000 | 3,555,000 | 3,929,000 |
Revenue | US$ in thousands | 36,016,000 | 31,496,000 | 28,720,000 | 26,581,000 | 25,868,000 |
Net profit margin | 13.77% | 8.63% | 14.97% | 13.37% | 15.19% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $4,959,000K ÷ $36,016,000K
= 13.77%
Mondelez International Inc.'s net profit margin has exhibited some fluctuations over the past five years. In 2023, the net profit margin improved significantly to 13.77% compared to 8.63% in 2022 but did not surpass the levels seen in 2021 and 2019. The highest net profit margin was recorded in 2021 at 14.97%, followed closely by 2019 at 14.96%. Despite the fluctuation in the net profit margin, the company has generally maintained a healthy level of profitability relative to its revenue over the period under review.
Peer comparison
Dec 31, 2023
Company name
Symbol
Net profit margin
Mondelez International Inc
MDLZ
13.77%
B&G Foods Inc
BGS
-3.22%
Bellring Brands LLC
BRBR
9.93%
Campbell Soup Company Common Stock
CPB
5.88%
ConAgra Foods Inc
CAG
2.99%
Flowers Foods Inc
FLO
2.42%
Simply Good Foods Co
SMPL
10.75%
The Hain Celestial Group Inc
HAIN
-4.47%