Mondelez International Inc (MDLZ)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 28,332,000 | 28,535,000 | 28,647,000 | 28,228,000 | 26,883,000 | 26,641,000 | 27,511,000 | 28,161,000 | 28,269,000 | 27,698,000 | 27,543,000 | 27,075,000 | 27,578,000 | 26,943,000 | 26,018,000 | 25,674,000 | 27,241,000 | 26,806,000 | 26,093,000 | 25,828,000 |
| ROE | 17.50% | 16.09% | 14.45% | 13.97% | 10.11% | 11.78% | 14.04% | 14.89% | 15.21% | 16.08% | 15.66% | 13.96% | 12.89% | 11.62% | 13.22% | 14.40% | 14.42% | 14.99% | 14.51% | 12.78% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $4,959,000K ÷ $28,332,000K
= 17.50%
Mondelez International Inc.'s return on equity (ROE) has shown a generally positive trend over the past eight quarters. The company's ROE has been consistently above 10%, indicating that it is efficiently utilizing shareholders' equity to generate profits.
In the most recent quarter, Q4 2023, Mondelez International Inc. achieved an ROE of 17.50%, the highest in the dataset, suggesting a strong performance in generating returns for its shareholders. The ROE has been on an upward trajectory since Q1 2023, reflecting an improvement in the company's profitability and efficiency in utilizing its equity.
Overall, Mondelez International Inc.'s increasing ROE indicates effective management of its assets and liabilities to generate profit, which is a positive signal for investors and stakeholders. Continued monitoring of the ROE trend will be essential to assess the company's financial performance and its ability to create value for shareholders in the future.
Peer comparison
Dec 31, 2023
See also:
Mondelez International Inc Return on Equity (ROE) (Quarterly Data)