Mondelez International Inc (MDLZ)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 6,345,000 | 5,502,000 | 3,534,000 | 4,653,000 | 3,853,000 |
| Total assets | US$ in thousands | 68,497,000 | 71,391,000 | 71,161,000 | 67,092,000 | 67,810,000 |
| Operating ROA | 9.26% | 7.71% | 4.97% | 6.94% | 5.68% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $6,345,000K ÷ $68,497,000K
= 9.26%
Mondelez International Inc's operating return on assets (operating ROA) shows an increasing trend over the five-year period from December 31, 2020, to December 31, 2024. The ratio improved from 5.68% in 2020 to 9.26% in 2024, indicating the company's ability to generate more operating income from its assets.
The company's operating ROA peaked in 2024 at 9.26%, reflecting an efficient utilization of its assets to generate operating profits. This increasing trend suggests that Mondelez International Inc has been effectively managing its assets to drive higher operating income.
It is important to note that a higher operating ROA indicates better operational efficiency and profitability, as the company is generating more operating income relative to its asset base. However, further analysis of the company's operating expenses, revenue growth, and asset management strategies would provide deeper insights into the drivers behind the improving operating ROA.
Peer comparison
Dec 31, 2024