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.