Mondelez International Inc (MDLZ)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,611,000 | 4,959,000 | 2,717,000 | 4,300,000 | 3,555,000 |
| Total assets | US$ in thousands | 68,497,000 | 71,391,000 | 71,161,000 | 67,092,000 | 67,810,000 |
| ROA | 6.73% | 6.95% | 3.82% | 6.41% | 5.24% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $4,611,000K ÷ $68,497,000K
= 6.73%
Mondelez International Inc's return on assets (ROA) has shown fluctuation in recent years. In 2020, the ROA was 5.24%, indicating that the company generated $0.0524 in profit for every $1 of assets it owned. Subsequently, the ROA increased to 6.41% in 2021, signaling an improvement in the company's efficiency in generating profits from its assets.
However, in 2022, the ROA decreased to 3.82%, reflecting a decline in profitability compared to the previous year. This could indicate potential challenges faced by the company in utilizing its assets effectively to generate earnings.
The following years saw an improvement in Mondelez International Inc's ROA, with the ratio reaching 6.95% in 2023 and 6.73% in 2024. These increasing values suggest that the company managed to enhance its profitability relative to its asset base, potentially through better asset management or revenue generation strategies.
Overall, while there were fluctuations in Mondelez International Inc's ROA over the period analyzed, the trend indicates that the company has been able to improve its efficiency in generating profits from its assets in recent years.
Peer comparison
Dec 31, 2024