Mondelez International Inc (MDLZ)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 28,332,000 | 26,883,000 | 28,269,000 | 27,578,000 | 27,241,000 |
| ROE | 17.50% | 10.11% | 15.21% | 12.89% | 14.42% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $4,959,000K ÷ $28,332,000K
= 17.50%
Mondelez International Inc.'s return on equity (ROE) has fluctuated over the past five years, with a peak of 17.50% in 2023 and a low of 10.11% in 2022. The company's ROE improved from 2022 to 2023, indicating effective utilization of shareholder equity to generate profits. Despite some variability, Mondelez International Inc. has generally maintained its ROE above 10% throughout the period, reflecting a solid performance in managing its equity investments. Furthermore, the gradual increase in ROE from 2020 to 2023 suggests improving profitability and efficiency in utilizing equity capital.
Peer comparison
Dec 31, 2023