Mondelez International (MDLZ) 10-K Summary — Year Ended Dec 31, 2024
Mondelez International's annual filing shows a slight increase in revenue compared to the prior year, with stable profitability and strong cash generation. The company continues to focus on its snack and beverage portfolio while managing risks from commodity costs and global markets.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
Mondelez International's annual filing shows a slight increase in revenue compared to the prior year, with stable profitability and strong cash generation. The company continues to focus on its snack and beverage portfolio while managing risks from commodity costs and global markets.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$36.4B
Revenue reported for the fiscal year.
Operating income
$6.3B
Income from operations reported for the year.
Net income
$4.6B
Net income reported for the year.
Operating cash flow
$4.9B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $28.7B | n/a |
| Dec 31, 2022 | $31.5B | +9.7% |
| Dec 31, 2023 | $36B | +14.4% |
| Dec 31, 2024 | $36.4B | +1.2% |
Business overview
Mondelez International is a global snack and beverage company with a portfolio of well-known brands. The company operates in multiple regions and categories, including biscuits, chocolate, gum, and candy. Its business model relies on brand strength, distribution networks, and innovation.
Financial performance
For the fiscal year just ended, the company reported a modest rise in revenue. Operating income and net income remained at levels consistent with the prior year, and operating cash flow was robust. The company's financial direction reflects stable demand in its core categories.
Material risks
The filing identifies risks such as fluctuations in raw material prices, changes in foreign exchange rates, and shifts in consumer preferences. Additionally, global economic conditions and supply chain disruptions could affect operations. The company also faces competitive pressures in its markets.
Liquidity and capital
The company's liquidity position is supported by its operating cash flow. Capital allocation priorities include investments in growth, returning capital to shareholders through dividends and share repurchases, and maintaining a strong balance sheet.
What to watch
Investors should monitor the company's ability to sustain revenue growth and manage cost inflation in the upcoming filing.