Mondelez International Inc (MDLZ)
Return on total capital
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 6,684,000 | 6,452,000 | 6,724,000 | 5,502,000 | 5,143,000 | 4,443,000 | 3,945,000 | 3,534,000 | 3,904,000 | 4,519,000 | 4,464,000 | 4,653,000 | 4,598,000 | 4,439,000 | 4,280,000 | 3,853,000 | 3,610,000 | 3,351,000 | 3,663,000 | 3,843,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 26,932,000 | 27,854,000 | 28,482,000 | 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 |
| Return on total capital | 24.82% | 23.16% | 23.61% | 19.42% | 18.02% | 15.51% | 13.98% | 13.15% | 14.65% | 16.43% | 15.85% | 16.46% | 16.60% | 16.12% | 15.81% | 13.97% | 13.40% | 12.88% | 14.27% | 14.11% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $6,684,000K ÷ ($—K + $26,932,000K)
= 24.82%
Mondelez International Inc's return on total capital has shown a fluctuating trend over the periods provided.
The return on total capital increased from 14.11% as of December 31, 2019, steadily rising to a peak of 24.82% by December 31, 2024. The company experienced a significant improvement in performance during this period as indicated by the consistent upward trajectory in return on total capital.
It is noteworthy that there were occasional dips in the return on total capital, such as the decrease from 16.43% as of June 30, 2022, to 13.15% by December 31, 2022. However, Mondelez International Inc managed to recover and achieve higher returns in subsequent periods.
The highest return on total capital was recorded as 24.82% by the end of December 31, 2024, showcasing the company's ability to effectively utilize its capital resources to generate profits.
Overall, the trend suggests that Mondelez International Inc has been successful in enhancing its efficiency in capital utilization and improving its profitability over the analyzed periods.
Peer comparison
Dec 31, 2024