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.

Compare

Total returnMDLZ vs PM

growth of $100 · dividends reinvested · last 10y
MDLZ +82.2% (+6.2%/yr)PM +210.8% (+12.0%/yr)PM compounded faster over this window
100200300Start $10020182020202220242026$182$311
MDLZ PM

MDLZ vs PM: by the numbers

  • PM is the larger company ($289.34B vs $78.55B market cap).
  • MDLZ trades at the lower trailing earnings multiple (22.80 vs 26.72 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

MetricMDLZPM
P/E ratio22.8026.72
Forward P/E20.2822.23
P/S ratio2.016.83
P/B ratio3.00N/A
EV / EBITDA16.9318.43
FCF yield3.87%4.38%

Profitability

MetricMDLZPM
Gross margin31.15%67.51%
Operating margin11.42%37.75%
Net margin8.86%25.56%
ROE13.20%-113.55%
ROIC5.13%25.56%

Dividends

MetricMDLZPM
Dividend yield3.24%3.16%
Payout ratio105.82%80.88%

Growth (annualized)

MetricMDLZPM
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%18.68%

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 26.72. 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 11.92% annualized total return. Past performance doesn't predict future results.

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.