Is MDLZ or PM cheaper?

On trailing earnings, PM is cheaper: MDLZ trades at a 30.40 P/E and PM at 25.42.

Which has grown faster, MDLZ or PM?

Over the past five years, MDLZ grew revenue faster — MDLZ at a 7.71% CAGR versus PM at 7.34%.

Does MDLZ or PM pay a bigger dividend?

MDLZ yields 3.29% and PM yields 3.25% based on trailing dividends and the latest price.

Is MDLZ or PM more profitable?

PM runs the higher net margin — MDLZ at 6.64% versus PM at 26.74%.

Which has been the better investment, MDLZ or PM?

Over the past 10-year, PM delivered the higher annualized total return — MDLZ at 6.13% versus PM at 11.61%. Past performance doesn't predict future results.

Mondelez International, Inc. (MDLZ) vs Philip Morris International Inc. (PM)

PM leads on 9 of 13 compared metrics.

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 June 27, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

MDLZ

Mondelez International, Inc.

$78.03B

$60.79Consumer Defensive

Philip Morris International Inc.

$281.74B

$180.77Consumer Defensive

Total return — MDLZ vs PM

growth of $100 · last 18y

MDLZ +211.1%PM +266.0%PM compounded faster

MDLZ PM

MDLZ vs PM: by the numbers

•PM is the larger company ($281.74B vs $78.03B market cap).
•PM trades at the lower earnings multiple (25.42 vs 30.40 P/E).
•PM converts more revenue to profit (26.74% vs 6.64% net margin).
•MDLZ grew revenue faster over the past five years (7.71% vs 7.34% CAGR).
•MDLZ pays the higher dividend yield (3.29% vs 3.25%).

Which is better, MDLZ or PM?

Metric tally: MDLZ 4 · PM 9

It depends on what you're optimizing for:

ValuePM(lower P/E)

GrowthMDLZ(faster 5Y revenue CAGR)

QualityPM(higher ROIC)

Metrics side by side

Valuation

Metric	MDLZ	PM
P/E ratio	30.40	25.42●
Forward P/E	17.99●	19.81
P/S ratio	2.00●	6.81
P/B ratio	3.05	—
PEG ratio	—	0.36
EV / EBITDA	19.22	19.01
FCF yield	3.28%	3.78%●

Profitability

Metric	MDLZ	PM
Gross margin	28.77%	67.30%●
Operating margin	9.55%	36.83%●
Net margin	6.64%	26.74%●
ROE	10.13%●	-113.55%
ROIC	5.13%	25.56%●

Dividends

Metric	MDLZ	PM
Dividend yield	3.29%	3.25%
Payout ratio	105.82%	80.88%

Growth (annualized)

Metric	MDLZ	PM
Revenue CAGR (5Y)	7.71%●	7.34%
EPS CAGR (5Y)	-5.29%	7.10%●
FCF CAGR (5Y)	-7.14%	4.58%●
Total return CAGR (5Y)	1.83%	17.89%●

Frequently asked

Which is better, MDLZ or PM?: It depends on your goal. value: PM (lower P/E); growth: MDLZ (faster 5Y revenue CAGR); quality: PM (higher ROIC). Across all compared metrics, PM leads 9 to 4.
Is MDLZ or PM cheaper?: On trailing earnings, PM is cheaper: MDLZ trades at a 30.40 P/E and PM at 25.42.
Which has grown faster, MDLZ or PM?: Over the past five years, MDLZ grew revenue faster — MDLZ at a 7.71% CAGR versus PM at 7.34%.
Does MDLZ or PM pay a bigger dividend?: MDLZ yields 3.29% and PM yields 3.25% based on trailing dividends and the latest price.
Is MDLZ or PM more profitable?: PM runs the higher net margin — MDLZ at 6.64% versus PM at 26.74%.
Which has been the better investment, MDLZ or PM?: Over the past 10-year, PM delivered the higher annualized total return — MDLZ at 6.13% versus PM at 11.61%. Past performance doesn't predict future results.

Go deeper

Full MDLZ analysis Full PM analysis Interactive comparison tool

Dig into the metrics

Mondelez International P/E ratio Philip Morris International P/E ratio Mondelez International dividend yield Philip Morris International dividend yield Mondelez International ROE Philip Morris International ROE Mondelez International operating margin Philip Morris International operating margin Mondelez International revenue growth Philip Morris International revenue growth Mondelez International free cash flow Philip Morris International free cash flow

Mondelez International & Philip Morris International appear in these rankings

Highest Dividend Yield Stocks Highest ROIC Stocks Highest Operating Margin Stocks Largest Companies by Market Cap

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 June 27, 2026.