Mondelez International, Inc.
MDLZ · Food and Kindred Products · 1.28B shares · -2%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $1.4B (gross $1.5B, SBC $146M)
Reference price $61.55 · est. market cap ~$79.0B — last insider sale, 2026-05-01 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B83Dominant, wide-moat global snacking franchise with iconic brands and top-tier cash generation, but facing cocoa-driven margin and earnings pressure.
Strengths
- $38.5B revenue, iconic pricing-power brands (Oreo, Cadbury, Ritz); FCF $3.2B at 100th pct and OCF margin at 86.7th pct
- Net margin (66.7th) and ROA (64.7th) above sector median with broad geographic diversification
Risks
- Soaring cocoa costs compressing margins; pricing elasticity is now denting US/Europe volumes
- Net earnings declined and revenue growth muted; current ratio 0.59 (26.7th pct) and Russia exposure
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Weak liquidityCurrent ratio 0.59 (<1)
- China exposureThose risks include: • the imposition of increased or new tariffs, sanctions, export controls, quotas, trade barriers, labor reforms, price floors or similar restrictions on our sales or key commodi
- Insider sellingInsider selling — 3 open-market sale(s) by 2 insider(s) (cluster of 2 insiders, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
28.4%
Operating margin
9.2%
Net margin
6.4%
Return on equity
9.5%
Return on assets
3.4%
Revenue growth (QoQ)
-4.0%
Net-income growth
-46.8%
Current ratio
0.6×
Free cash flow
$3.2B
EBITDA
$4.9B
Tangible book value
-$18.1B
Stock comp / revenue
0.3%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-20 | Mesquita Jorge S. | Grant | 3.5K | — |
| 2026-05-20 | TODMAN MICHAEL | Grant | 3.5K | — |
| 2026-05-20 | Siewert Patrick | Grant | 3.5K | — |
| 2026-05-20 | COUSIN ERTHARIN | Grant | 3.5K | — |
| 2026-05-20 | Nielsen Jane | Grant | 3.5K | — |
| 2026-05-20 | McKinstry Nancy | Grant | 3.5K | — |
| 2026-05-20 | McNamara Brian James | Grant | 3.5K | — |
| 2026-05-20 | 't Hart Cees | Grant | 3.5K | — |
| 2026-05-20 | Price Paula A | Grant | 3.5K | — |
| 2026-05-01 | Stevens Brian | Sell | 1 | $61.55 |
| 2026-04-30 | Stevens Brian | Gift | 20 | — |
| 2026-04-30 | Stevens Brian | Sell | 63 | $61.46 |
| 2026-04-30 | Stevens Brian | Gift | 20 | — |
| 2026-04-01 | Lilak Stephanie | Tax withheld | 3.2K | $57.07 |
| 2026-04-01 | Kuhn Volker | Tax withheld | 90 | $57.07 |
| 2026-02-13 | Valle Gustavo Carlos | Sell | 3.0K | $62.00 |
| 2026-02-11 | LOZANO MARIANO | Grant | 18K | — |
| 2026-02-11 | LOZANO MARIANO | Tax withheld | 4.6K | $61.47 |
| 2026-02-11 | LOZANO MARIANO | Grant | 12K | — |
| 2026-02-11 | Kuhn Volker | Grant | 21K | — |
| 2026-02-11 | Lilak Stephanie | Grant | 4.4K | — |
| 2026-02-11 | Lilak Stephanie | Tax withheld | 1.4K | $61.47 |
| 2026-02-11 | Lilak Stephanie | Grant | 10K | — |
| 2026-02-11 | Iyer Deepak D. | Grant | 14K | — |
| 2026-02-11 | Iyer Deepak D. | Tax withheld | 570 | $61.47 |
| 2026-02-11 | Iyer Deepak D. | Grant | 14K | — |
| 2026-02-11 | Renaud Martin | Tax withheld | 11K | $61.47 |
| 2026-02-11 | Valle Gustavo Carlos | Grant | 27K | — |
| 2026-02-11 | Valle Gustavo Carlos | Tax withheld | 10K | $61.47 |
| 2026-02-11 | Valle Gustavo Carlos | Grant | 22K | — |
| 2026-02-11 | Van de Put Dirk | Grant | 158K | — |
| 2026-02-11 | Van de Put Dirk | Tax withheld | 62K | $61.47 |
| 2026-02-11 | Van de Put Dirk | Grant | 81K | — |
| 2026-02-11 | Zaramella Luca | Grant | 59K | — |
| 2026-02-11 | Zaramella Luca | Tax withheld | 24K | $61.47 |
| 2026-02-11 | Zaramella Luca | Grant | 38K | — |
| 2026-02-11 | Stevens Brian | Grant | 2.0K | — |
| 2026-02-11 | STEIN LAURA | Grant | 22K | — |
| 2026-02-11 | STEIN LAURA | Tax withheld | 9.5K | $61.47 |
| 2026-02-11 | STEIN LAURA | Grant | 11K | — |
| 2026-02-11 | Renaud Martin | Grant | 23K | — |
| 2026-02-11 | Renaud Martin | Grant | 14K | — |
| 2026-01-12 | STEIN LAURA | Tax withheld | 1.7K | $55.09 |
| 2025-07-01 | Iyer Deepak D. | Tax withheld | 1.0K | $68.96 |
| 2025-05-21 | McKinstry Nancy | Grant | 3.0K | — |
| 2025-05-21 | COUSIN ERTHARIN | Grant | 3.0K | — |
| 2025-05-21 | Nielsen Jane | Grant | 3.0K | — |
| 2025-05-21 | McNamara Brian James | Grant | 3.0K | — |
| 2025-05-21 | Price Paula A | Grant | 3.0K | — |
| 2025-05-21 | TODMAN MICHAEL | Grant | 3.0K | — |
| 2025-05-21 | Siewert Patrick | Grant | 3.0K | — |
| 2025-05-21 | 't Hart Cees | Grant | 3.0K | — |
| 2025-05-21 | Mesquita Jorge S. | Grant | 3.0K | — |
| 2025-04-01 | Kuhn Volker | Grant | 5.1K | — |
| 2025-04-01 | Lilak Stephanie | Tax withheld | 3.1K | $67.65 |
| 2025-03-11 | Gruber Vinzenz P. | Option exercise | 23K | $39.70 |
| 2025-03-11 | Gruber Vinzenz P. | Tax withheld | 14K | $67.85 |
| 2025-03-04 | Zaramella Luca | Option exercise | 24K | $39.70 |
| 2025-03-04 | Zaramella Luca | Tax withheld | 19K | $65.29 |
| 2025-02-12 | Zaramella Luca | Grant | 59K | — |
| 2025-02-12 | Zaramella Luca | Tax withheld | 24K | $60.60 |
| 2025-02-12 | Valle Gustavo Carlos | Grant | 31K | — |
| 2025-02-12 | Valle Gustavo Carlos | Tax withheld | 12K | $60.60 |
| 2025-02-12 | STEIN LAURA | Grant | 27K | — |
| 2025-02-12 | STEIN LAURA | Tax withheld | 11K | $60.60 |
| 2025-02-12 | Renaud Martin | Grant | 24K | — |
| 2025-02-12 | Renaud Martin | Tax withheld | 11K | $60.60 |
| 2025-02-12 | LOZANO MARIANO | Grant | 20K | — |
| 2025-02-12 | LOZANO MARIANO | Tax withheld | 7.0K | $60.60 |
| 2025-02-12 | Lilak Stephanie | Grant | 1.8K | — |
| 2025-02-12 | Lilak Stephanie | Tax withheld | 536 | $60.60 |
| 2025-02-12 | Iyer Deepak D. | Grant | 6.5K | — |
| 2025-02-12 | Iyer Deepak D. | Tax withheld | 1.1K | $60.60 |
| 2025-02-12 | Gruber Vinzenz P. | Grant | 41K | — |
| 2025-02-12 | Gruber Vinzenz P. | Tax withheld | 2.2K | $60.60 |
| 2025-02-12 | Van de Put Dirk | Grant | 177K | — |
| 2025-02-12 | Van de Put Dirk | Tax withheld | 69K | $60.60 |
| 2025-01-02 | Call Michael Andrew | Grant | 15K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-18 | Exec/director change | filing ↗ |
| 2026-05-26 | Shareholder vote | filing ↗ |
| 2026-04-28 | ResultsExhibits | filing ↗ |
| 2026-02-18 | Material agreement1.02Debt obligationExhibits | filing ↗ |
| 2026-02-03 | ResultsExhibits | filing ↗ |
| 2026-01-30 | Exec/director changeReg FDExhibits | filing ↗ |
| 2025-10-28 | ResultsExhibits | filing ↗ |
| 2025-07-29 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-18 | 2026-06-15 | 0001628280-26-044384 ↗ |
| 8-K | 2026-05-26 | 2026-05-20 | 0001628280-26-038064 ↗ |
| 10-Q | 2026-04-28 | 2026-03-31 | 0001628280-26-027937 ↗ |
| 8-K | 2026-04-28 | 2026-04-28 | 0001628280-26-027915 ↗ |
| 8-K | 2026-02-18 | 2026-02-18 | 0001628280-26-009018 ↗ |
| 10-K | 2026-02-04 | 2025-12-31 | 0001628280-26-005345 ↗ |
| 8-K | 2026-02-03 | 2026-02-03 | 0001628280-26-005016 ↗ |
| 8-K | 2026-01-30 | 2026-01-27 | 0001628280-26-004388 ↗ |
| 8-K | 2025-10-28 | 2025-10-28 | 0001628280-25-046750 ↗ |
| 10-Q | 2025-10-28 | 2025-09-30 | 0001628280-25-046773 ↗ |
| 10-Q | 2025-07-29 | 2025-06-30 | 0001103982-25-000188 ↗ |
| 8-K | 2025-07-29 | 2025-07-29 | 0001103982-25-000187 ↗ |