Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Revenue | $26,581 | $28,720 | $31,496 | $36,016 | $36,441 |
Gross Profit | $10,446 | $11,254 | $11,312 | $13,764 | $14,257 |
Operating Income | $3,853 | $4,653 | $3,534 | $5,502 | $6,345 |
Net Income | $3,555 | $4,300 | $2,717 | $4,959 | $4,611 |
Edwyn
Over the five-year period, Mondelez International’s revenue has trended upward from US$26.6 billion in 2020 to US$36.0 billion in 2023, with a slight uptick to US$36.4 billion projected for 2024. This steady revenue growth, even amid industry headwinds typical of the global food and snack sector, is complemented by generally rising gross profits—from US$10.4 billion in 2020 to US$14.3 billion in 2024—indicating effective cost management and pricing strategies. However, the operating income and net income figures reveal some volatility. After a solid operating income of US$3.9 billion in 2020 and US$4.7 billion in 2021, 2022 witnessed a notable dip to US$3.5 billion and a corresponding plunge in net income from US$4.3 billion to US$2.7 billion—exceeding a 20% decline year-over-year. This marked setback contrasts with the substantial rebound seen in 2023, where operating income surged by approximately 55% (to US$5.5 billion) and net income nearly doubled, before a modest adjustment in 2024 with operating income reaching US$6.3 billion and net income settling at US$4.6 billion. Overall, the financial performance suggests that although Mondelez experienced a challenging year in 2022, likely due to operational and market pressures, the company has demonstrated resilience and the ability to recover. Consistent revenue increases and a rebound in profitability underscore a fundamentally sound financial position. Provided that cost pressures can be managed and market dynamics remain favorable, the company appears well-positioned for sustainable long-term growth in the competitive packaged foods and snacks industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.