Mondelez International (MDLZ) Return on Capital Employed [ROCE] (2009 - 2026)
Mondelez International (MDLZ) reported Return on Capital Employed [ROCE] of 11.13% for Q3 2026, up 2.66 percentage points from 8.47% a year earlier and up 2.15 percentage points from the prior quarter.
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Analysis
Mondelez International (MDLZ) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Mondelez International posted Return on Capital Employed [ROCE] of 7.37%, down 5.22 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of -0.18 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 12.59% in FY2024 (+2.06 pp), 10.53% in FY2023 (+3.78 pp), 6.74% in FY2022 (-1.96 pp) and 8.71% in FY2021 (+1.15 pp).
- The Q3 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] since Q4 2024.
- Year over year, Return on Capital Employed [ROCE] gained in two of the last eight quarters, with an average year-over-year change of -1.55 percentage points.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q1 2024 (a gain of 6.28 percentage points); the low point was Q4 2025 (a drop of 5.33 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 8.97% (Q2 2026), 7.69% (Q1 2026) and 7.16% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 145.28 Bn | 96.74 Bn | - | - |
| 2 | Mondelez International | 84.79 Bn | 77.80 Bn | 3.92 Bn | 11.13% |
| 3 | Hershey | 34.79 Bn | 31.52 Bn | 1.51 Bn | 23.54% |
| 4 | Kraft Heinz | 28.94 Bn | 16.59 Bn | 1.99 Bn | -5.19% |
| 5 | General Mills | 18.77 Bn | 16.41 Bn | 1.49 Bn | -0.89% |
| 6 | J M Smucker | 14.22 Bn | 14.00 Bn | 979.60 Mn | 5.93% |
| 7 | Mccormick | 12.91 Bn | 11.98 Bn | 794.90 Mn | 8.50% |
| 8 | Hormel Foods | 12.24 Bn | 8.91 Bn | 471.52 Mn | 5.01% |
| 9 | Chewy | 9.37 Bn | 6.66 Bn | 1.01 Bn | 24.87% |
| 10 | Lamb Weston Holdings | 7.83 Bn | 7.46 Bn | 266.50 Mn | 8.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.13% |
| Jun 30, 2026 | 8.97% |
| Mar 31, 2026 | 7.69% |
| Dec 31, 2025 | 7.16% |
| Sep 30, 2025 | 8.47% |
| Jun 30, 2025 | 9.22% |
| Mar 31, 2025 | 9.01% |
| Dec 31, 2024 | 12.49% |
| Sep 30, 2024 | 11.49% |
| Jun 30, 2024 | 11.62% |
| Mar 31, 2024 | 13.66% |
| Dec 31, 2023 | 10.56% |
| Sep 30, 2023 | 9.79% |
| Jun 30, 2023 | 8.17% |
| Mar 31, 2023 | 7.38% |
| Dec 31, 2022 | 6.68% |
| Sep 30, 2022 | 7.41% |
| Jun 30, 2022 | 8.46% |
| Mar 31, 2022 | 8.35% |
| Dec 31, 2021 | 8.75% |
API Access
Mondelez International Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=MDLZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=MDLZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();