Mondelez International Inc (MDLZ)
Return on assets (ROA)
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 4,959,000 | 4,592,000 | 4,140,000 | 3,943,000 | 2,717,000 | 3,137,000 | 3,863,000 | 4,194,000 | 4,300,000 | 4,453,000 | 4,314,000 | 3,780,000 | 3,555,000 | 3,132,000 | 3,439,000 | 3,698,000 | 3,929,000 | 4,019,000 | 3,787,000 | 3,302,000 |
Total assets | US$ in thousands | 71,391,000 | 70,860,000 | 72,025,000 | 72,786,000 | 71,161,000 | 68,036,000 | 66,014,000 | 67,994,000 | 67,092,000 | 67,317,000 | 66,477,000 | 66,349,000 | 67,810,000 | 66,249,000 | 64,194,000 | 63,598,000 | 64,515,000 | 63,895,000 | 63,573,000 | 64,162,000 |
ROA | 6.95% | 6.48% | 5.75% | 5.42% | 3.82% | 4.61% | 5.85% | 6.17% | 6.41% | 6.61% | 6.49% | 5.70% | 5.24% | 4.73% | 5.36% | 5.81% | 6.09% | 6.29% | 5.96% | 5.15% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $4,959,000K ÷ $71,391,000K
= 6.95%
The return on assets (ROA) of Mondelez International Inc. has shown a positive trend over the last eight quarters. The ROA has consistently improved from 3.82% in Q4 2022 to 6.95% in Q4 2023, indicating that the company has been effectively utilizing its assets to generate profits. This demonstrates efficient asset management and profitability. It is worth noting that while there have been some fluctuations in the ROA figures, the overall trajectory has been upward, reflecting positively on the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2023
See also:
Mondelez International Inc Return on Assets (ROA) (Quarterly Data)