Mondelez International Inc (MDLZ)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 6,080,000 | 6,496,000 | 3,582,000 | 5,490,000 | 4,779,000 |
| Revenue | US$ in thousands | 36,441,000 | 36,016,000 | 31,496,000 | 28,720,000 | 26,581,000 |
| Pretax margin | 16.68% | 18.04% | 11.37% | 19.12% | 17.98% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $6,080,000K ÷ $36,441,000K
= 16.68%
Mondelez International Inc's pretax margin has shown some fluctuation over the past five years. It increased steadily from 17.98% in December 31, 2020, to 19.12% by December 31, 2021, indicating improving profitability. However, there was a significant decline to 11.37% by December 31, 2022, suggesting a possible challenge or issue affecting the company's profitability during that period.
The pretax margin then recovered to 18.04% by December 31, 2023, showing a positive trend, but dipped slightly to 16.68% by the end of December 31, 2024. Overall, the pretax margin seems to have demonstrated resilience and management's ability to navigate changing business conditions, though attention may be needed to address the fluctuating profitability levels.
Peer comparison
Dec 31, 2024