Mondelez International (MDLZ) EV to CFO (2009 - 2026)
Mondelez International's EV to CFO came in at 14.31 for Q3 2026, down 35.4% from 22.17 a year earlier and down 12.0% from the prior quarter.
Mondelez International (MDLZ) EV to CFO (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Mondelez International reported EV to CFO of 13.24, down 36.8% year-over-year; for FY2025, it was 14.83, down 4.1% from FY2024.
- EV to CFO has declined in each of the last three years.
- Going back by year, EV to CFO was 15.47 in FY2024 (-23.9%), 20.31 in FY2023 (-10.8%), 22.77 in FY2022 (+6.5%) and 21.39 in FY2021 (+7.3%).
- The Q3 2026 figure represents the lowest quarterly EV to CFO since Q3 2014.
- Year-over-year, EV to CFO increased in three of the last eight quarters, with an average decline of 6.7%.
- The fastest year-over-year change in EV to CFO over five years came in Q2 2023 (growth of 29.6%), and the weakest in Q3 2026 (a decline of 35.4%).
- Business Quant data shows MDLZ's EV to CFO at 16.27 (Q2 2026), 18.65 (Q1 2026) and 14.83 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unilever | 144.56 Bn | 96.02 Bn | - |
| 2 | Mondelez International | 83.86 Bn | 76.87 Bn | 3.92 Bn |
| 3 | Hershey | 34.38 Bn | 31.11 Bn | 1.51 Bn |
| 4 | Kraft Heinz | 28.62 Bn | 16.27 Bn | 1.99 Bn |
| 5 | General Mills | 18.33 Bn | 15.98 Bn | 1.49 Bn |
| 6 | J M Smucker | 14.08 Bn | 13.86 Bn | 979.60 Mn |
| 7 | Mccormick | 12.60 Bn | 11.66 Bn | 794.90 Mn |
| 8 | Hormel Foods | 12.11 Bn | 8.77 Bn | 471.52 Mn |
| 9 | Chewy | 9.02 Bn | 6.31 Bn | 1.01 Bn |
| 10 | Lamb Weston Holdings | 7.75 Bn | 7.37 Bn | 266.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.31 |
| Jun 30, 2026 | 16.27 |
| Mar 31, 2026 | 18.65 |
| Dec 31, 2025 | 14.83 |
| Sep 30, 2025 | 22.17 |
| Jun 30, 2025 | 20.61 |
| Mar 31, 2025 | 18.45 |
| Dec 31, 2024 | 15.47 |
| Sep 30, 2024 | 19.35 |
| Jun 30, 2024 | 17.61 |
| Mar 31, 2024 | 18.83 |
| Dec 31, 2023 | 20.31 |
| Sep 30, 2023 | 20.44 |
| Jun 30, 2023 | 24.98 |
| Mar 31, 2023 | 23.87 |
| Dec 31, 2022 | 22.77 |
| Sep 30, 2022 | 18.47 |
| Jun 30, 2022 | 19.28 |
| Mar 31, 2022 | 19.51 |
| Dec 31, 2021 | 21.39 |
Mondelez International EV to CFO 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=ev-to-cfo&ticker=MDLZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=MDLZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();