Mondelez International, Inc. (MDLZ) vs Philip Morris International Inc. (PM)
A side-by-side comparison of Mondelez International, Inc. and Philip Morris International Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 12, 2026. Differences are shown without an overall score or investment verdict.
MDLZ
Mondelez International, Inc.
$61.89Consumer DefensiveDelayed quote: Aug 12, 2026, 12:15 PM EDT
PM
Philip Morris International Inc.
$185.88Consumer DefensiveDelayed quote: Aug 12, 2026, 12:15 PM EDT
Total return — MDLZ vs PM
growth of $100 · dividends reinvested · last 10yMDLZ +81.3% (+6.1%/yr)PM +211.2% (+12.0%/yr)PM compounded faster over this window
MDLZ PM
MDLZ vs PM: by the numbers
- •PM is the larger company ($289.71B vs $78.98B market cap).
- •MDLZ trades at the lower trailing earnings multiple (22.80 vs 26.76 P/E), one valuation lens rather than an overall verdict.
- •PM converts more revenue to profit (25.56% vs 8.86% net margin).
- •MDLZ grew revenue faster over the past five years (7.34% vs 7.19% CAGR).
- •MDLZ pays the higher dividend yield (3.24% vs 3.16%).
Metrics side by side
Valuation
| Metric | MDLZ | PM |
|---|---|---|
| P/E ratio | 22.80 | 26.76 |
| Forward P/E | 20.28 | 22.26 |
| P/S ratio | 2.01 | 6.84 |
| P/B ratio | 3.00 | N/A |
| EV / EBITDA | 16.93 | 18.45 |
| FCF yield | 3.87% | 4.37% |
Profitability
| Metric | MDLZ | PM |
|---|---|---|
| Gross margin | 31.15% | 67.51% |
| Operating margin | 11.42% | 37.75% |
| Net margin | 8.86% | 25.56% |
| ROE | 13.20% | -113.55% |
| ROIC | 5.13% | 25.56% |
Dividends
| Metric | MDLZ | PM |
|---|---|---|
| Dividend yield | 3.24% | 3.16% |
| Payout ratio | 105.82% | 80.88% |
Growth (annualized)
| Metric | MDLZ | PM |
|---|---|---|
| Revenue CAGR (5Y) | 7.34% | 7.19% |
| EPS CAGR (5Y) | -5.29% | 7.10% |
| FCF CAGR (5Y) | 0.85% | 4.43% |
| Total return CAGR (5Y) | 2.46% | 18.75% |
Frequently asked
- Which has the lower trailing P/E, MDLZ or PM?
- MDLZ has the lower trailing P/E: MDLZ trades at 22.80 and PM at 26.76. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MDLZ or PM?
- Over the past five years, MDLZ grew revenue faster — MDLZ at a 7.34% CAGR versus PM at 7.19%.
- Does MDLZ or PM pay a bigger dividend?
- MDLZ yields 3.24% and PM yields 3.16% based on trailing dividends and the latest price.
- Is MDLZ or PM more profitable?
- PM runs the higher net margin — MDLZ at 8.86% versus PM at 25.56%.
- How have MDLZ and PM total returns compared?
- Over the past 10 years, MDLZ delivered 6.14% and PM delivered 11.97% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Mondelez International P/E ratioPhilip Morris International P/E ratioMondelez International dividend yieldPhilip Morris International dividend yieldMondelez International ROEPhilip Morris International ROEMondelez International operating marginPhilip Morris International operating marginMondelez International revenue growthPhilip Morris International revenue growthMondelez International free cash flowPhilip Morris International free cash flow
Mondelez International & Philip Morris International appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 12, 2026.