Five-Year Tally: Mondelez International Stock Delivers $20 Bil Gain

MDLZ: Mondelez International logo
MDLZ
Mondelez International

In the last five years, Mondelez International (MDLZ) stock has returned $20 Bil back to its shareholders through cold, hard cash via dividends and buybacks. Let’s look at some numbers and compare how this payout power stacks up against the market’s biggest capital-return machines.

As it turns out, MDLZ stock has returned the 90th highest amount to shareholders in history.

  MDLZ S&P Median
Dividends $11 Bil $3.0 Bil
Share Repurchase $9.3 Bil $3.0 Bil
Total Returned $20 Bil $6.0 Bil
Total Returned as % of Current Market Cap 26.0% 17.1%

Why should you care? Because dividends and share repurchases represent direct, tangible returns of capital to shareholders. They also signal management’s confidence in the company’s financial health and ability to generate sustainable cash flows. And there are more stocks like that. Here is a list of the top 10 companies ranked by total capital returned to shareholders via dividends and stock repurchases.

Top 10 Stocks By Total Shareholder Return

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  Total Money Returned As % Of Current Market Cap via Dividends via Share Repurchases
AAPL $514 Bil 12.9% $75 Bil $439 Bil
GOOGL $296 Bil 7.0% $17 Bil $279 Bil
MSFT $223 Bil 7.1% $105 Bil $118 Bil
JPM $176 Bil 20.8% $71 Bil $105 Bil
META $159 Bil 9.4% $10 Bil $149 Bil
XOM $152 Bil 23.2% $79 Bil $73 Bil
BAC $125 Bil 32.0% $45 Bil $80 Bil
CVX $112 Bil 29.2% $57 Bil $55 Bil
WFC $105 Bil 41.2% $22 Bil $83 Bil
NVDA $96 Bil 1.9% $3.0 Bil $93 Bil

For full ranking, visit Buybacks & Dividends Ranking

What do you notice here? The total capital returned to shareholders as a % of the current market cap appears inversely proportional to growth prospects for reinvestments. Stocks like Meta (META) and Microsoft (MSFT) are growing much faster, in a more predictable way, compared to the others, but they have returned a much lower fraction of their market cap to shareholders.

That’s the flip side to high capital returns. Sure, they are attractive, but you have to ask yourself the question: Am I sacrificing growth and sound fundamentals? With that in mind, let’s look at some numbers for MDLZ. (see Buy or Sell Mondelez International Stock for more details)

Mondelez International Fundamentals

  • Revenue Growth: 7.8% LTM and 6.2% last 3-year average.
  • Cash Generation: Nearly 6.6% free cash flow margin and 9.7% operating margin LTM.
  • Recent Revenue Shocks: The minimum annual revenue growth in the last 3 years for MDLZ was 0.9%.
  • Valuation: Mondelez International stock trades at a P/E multiple of 30.0

  MDLZ S&P Median
Sector Consumer Staples
Industry Packaged Foods & Meats
PE Ratio 30.0 23.9

   
LTM* Revenue Growth 7.8% 6.8%
3Y Average Annual Revenue Growth 6.2% 5.5%
Min Annual Revenue Growth Last 3Y 0.9% 0.7%

   
LTM* Operating Margin 9.7% 18.6%
3Y Average Operating Margin 13.7% 18.2%
LTM* Free Cash Flow Margin 6.6% 14.2%

*LTM: Last Twelve Months

The table gives a good overview of what you get from MDLZ stock, but what about the risk?

MDLZ Historical Risk

MDLZ isn’t immune to big drops. It fell nearly 40% in the Global Financial Crisis, about 30% during the COVID pandemic, and over 21% in the inflation shock of recent years. Even the more contained 2018 correction took it down by close to 19%. The stock shows resilience in good times, but when the market turns, expect notable pullbacks. Quality can’t fully shield you from volatility.

The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.