Mondelez International (MDLZ) Change in Inventory (2009 - 2026)
Mondelez International (MDLZ) reported Change in Inventory of $330 million for Q2 2026, down 30.5% from $475 million a year earlier.
Mondelez International (MDLZ) Change in Inventory (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mondelez International's Change in Inventory came in at -$506 million; for FY2025, it was $253 million, down 44.8% from FY2024.
- Change in Inventory has a five-year compound annual growth rate of 60.2% (FY2020 to FY2025).
- By year, Change in Inventory came in at $458 million in FY2024 (+137.3%), $193 million in FY2023 (-69.6%), $635 million in FY2022 (+273.5%) and $170 million in FY2021 (+608.3%).
- Five-year quarterly Change in Inventory spans a low of -$714 million in Q4 2025 and a high of $500 million in Q2 2024.
- Year over year, Change in Inventory gained in 1 of the last four quarters, with growth averaging 52.5%.
- The high point for year-over-year Change in Inventory in five years was Q3 2022 (growth of 615.1%); the low point was Q1 2024 (a decline of 93.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$314 million (Q1 2026), -$714 million (Q4 2025) and $192 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 132.43 Bn | 107.80 Bn | - | - |
| 2 | Mondelez International | 73.80 Bn | 67.12 Bn | 3.99 Bn | 330.00 Mn |
| 3 | Hershey | 31.86 Bn | 28.11 Bn | 1.26 Bn | 314.42 Mn |
| 4 | Kraft Heinz | 26.96 Bn | 13.49 Bn | 2.03 Bn | 33.00 Mn |
| 5 | General Mills | 17.20 Bn | 14.85 Bn | 1.49 Bn | 261.10 Mn |
| 6 | J M Smucker | 12.70 Bn | 12.49 Bn | 979.60 Mn | 61.10 Mn |
| 7 | Mccormick | 12.49 Bn | 12.36 Bn | 778.20 Mn | 41.40 Mn |
| 8 | Hormel Foods | 10.97 Bn | 7.66 Bn | 471.52 Mn | 57.43 Mn |
| 9 | Chewy | 7.31 Bn | 4.59 Bn | 1.01 Bn | -83.10 Mn |
| 10 | Conagra Brands | 6.43 Bn | 5.74 Bn | 618.70 Mn | 248.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 330.00 Mn |
| Mar 31, 2026 | -314.00 Mn |
| Dec 31, 2025 | -714.00 Mn |
| Sep 30, 2025 | 192.00 Mn |
| Jun 30, 2025 | 475.00 Mn |
| Mar 31, 2025 | 300.00 Mn |
| Dec 31, 2024 | -252.00 Mn |
| Sep 30, 2024 | 194.00 Mn |
| Jun 30, 2024 | 500.00 Mn |
| Mar 31, 2024 | 16.00 Mn |
| Dec 31, 2023 | -291.00 Mn |
| Sep 30, 2023 | 56.00 Mn |
| Jun 30, 2023 | 196.00 Mn |
| Mar 31, 2023 | 232.00 Mn |
| Dec 31, 2022 | -110.00 Mn |
| Sep 30, 2022 | 379.00 Mn |
| Jun 30, 2022 | 285.00 Mn |
| Mar 31, 2022 | 81.00 Mn |
| Dec 31, 2021 | -172.00 Mn |
| Sep 30, 2021 | 53.00 Mn |
Mondelez International Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=MDLZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "MDLZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=MDLZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();