FCF Payout Ratio: 97.40%
Is the FCF payout ratio high or low?
The FCF payout ratio of 97.40% is 46% above its 5-year average of 66.64%, near the high end of its 5-year range (46.17%–107.82%).
10.85% above its 12-month average of 87.86%.
MDLZ FCF Payout Ratio
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
MDLZ Average FCF Payout Ratio Chart
MDLZ Current vs Average FCF Payout Ratio Chart
MDLZ FCF Payout Ratio Metrics
FCF PAYOUT RATIO
97.40%
FCF PAYOUT RATIO AVG TTM
87.86%
FCF PAYOUT RATIO AVG 3Y
70.24%
FCF PAYOUT RATIO AVG 5Y
62.85%
FCF PAYOUT RATIO AVG 10Y
59.06%
FCF PAYOUT RATIO AVG 15Y
59.36%
FCF PAYOUT RATIO AVG 20Y
60.13%
CURRENT VS TTM AVG
+10.85%
CURRENT VS 3Y AVG
+38.66%
CURRENT VS 5Y AVG
+54.96%
CURRENT VS 10Y AVG
+64.90%
CURRENT VS 15Y AVG
+64.07%
CURRENT VS 20Y AVG
+61.97%
Payout Ratio Comparison
FCF Payout Ratio TTM
97.4%
Earnings Payout Ratio
104.2%
Dividend Yield
3.22%
FCF Yield
3.26%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $3.23B | $2.49B | 76.9% |
| 2024 | $3.52B | $2.35B | 66.7% |
| 2023 | $3.60B | $2.16B | 60.0% |
| 2022 | $3.00B | $1.99B | 66.1% |
| 2021 | $3.18B | $1.83B | 57.5% |
| 2020 | $3.10B | $1.68B | 54.1% |
| 2019 | $3.04B | $1.54B | 50.7% |
| 2018 | $2.85B | $1.36B | 47.6% |
| 2017 | $1.58B | $1.20B | 75.9% |
| 2016 | $1.61B | $1.09B | 67.8% |
| 2015 | $2.21B | $1.01B | 45.5% |
| 2014 | $1.92B | $964.00M | 50.2% |
| 2013 | $4.79B | $943.00M | 19.7% |
| 2012 | $2.31B | $2.06B | 89.0% |
| 2011 | $2.75B | $2.04B | 74.3% |
| 2010 | $2.09B | $2.17B | 104.2% |
| 2009 | $3.75B | $1.71B | 45.6% |
| 2008 | $2.77B | $1.66B | 59.9% |
| 2007 | $2.33B | $1.64B | 70.3% |
| 2006 | $2.55B | $1.56B | 61.2% |
| 2005 | $2.29B | $1.44B | 62.7% |
| 2004 | $3.00B | $1.28B | 42.6% |
| 2003 | $3.03B | $1.09B | 35.9% |
| 2002 | $2.54B | $936.00M | 36.9% |
| 2001 | $2.23B | $225.00M | 10.1% |
| 2000 | ($13.18B) | $1.01B | N/A (Loss) |
| 1999 | $893.00M | $0 | 0.0% |
| 1998 | $791.00M | $0 | 0.0% |
Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures trailing dividends paid as a percentage of trailing free cash flow. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
FCF Payout Ratio FAQ
- What is the FCF payout ratio for Mondelez International, Inc. (MDLZ)?
- The FCF payout ratio for MDLZ stock is 97.40%.
- Is Mondelez International, Inc.'s FCF payout ratio high or low?
- The FCF payout ratio of 97.40% is 46% above its 5-year average of 66.64%, near the high end of its 5-year range (46.17%–107.82%).
- What is the TTM average FCF payout ratio for Mondelez International, Inc. (MDLZ)?
- The TTM average FCF payout ratio for MDLZ stock is 87.86%.
- What is the 3Y average FCF payout ratio for Mondelez International, Inc. (MDLZ)?
- The 3Y average FCF payout ratio for MDLZ stock is 70.24%.
- What is the 5Y average FCF payout ratio for Mondelez International, Inc. (MDLZ)?
- The 5Y average FCF payout ratio for MDLZ stock is 62.85%.
- What is the 10Y average FCF payout ratio for Mondelez International, Inc. (MDLZ)?
- The 10Y average FCF payout ratio for MDLZ stock is 59.06%.
- What is the 15Y average FCF payout ratio for Mondelez International, Inc. (MDLZ)?
- The 15Y average FCF payout ratio for MDLZ stock is 59.36%.
- What is the 20Y average FCF payout ratio for Mondelez International, Inc. (MDLZ)?
- The 20Y average FCF payout ratio for MDLZ stock is 60.13%.
MDLZ FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-03-31 | 97.40% |
| 2025-12-31 | 76.88% |
| 2025-09-30 | 107.82% |
| 2025-06-30 | 84.97% |
| 2025-03-31 | 72.26% |
| 2024-12-31 | 66.68% |
| 2024-09-30 | 62.17% |
| 2024-06-30 | 62.60% |
| 2024-03-31 | 59.27% |
| 2023-12-31 | 59.97% |
| 2023-09-30 | 60.66% |
| 2023-06-30 | 71.19% |
| 2023-03-31 | 68.86% |
| 2022-12-31 | 66.12% |
| 2022-09-30 | 65.08% |
| 2022-06-30 | 56.49% |
| 2022-03-31 | 54.17% |
| 2021-12-31 | 57.49% |
| 2021-09-30 | 51.13% |
| 2021-06-30 | 52.08% |
| 2021-03-31 | 46.17% |
| 2020-12-31 | 54.11% |
| 2020-09-30 | 46.42% |
| 2020-06-30 | 44.93% |
| 2020-03-31 | 53.99% |
| 2019-12-31 | 50.72% |
| 2019-09-30 | 50.77% |
| 2019-06-30 | 52.37% |
| 2019-03-31 | 48.09% |
| 2018-12-31 | 47.63% |
| 2018-09-30 | 50.78% |
| 2018-06-30 | 51.89% |
| 2018-03-31 | 48.19% |
| 2017-12-31 | 75.87% |
| 2017-09-30 | 79.53% |
| 2017-06-30 | 68.76% |
| 2017-03-31 | 72.53% |
| 2016-12-31 | 67.78% |
| 2016-09-30 | 48.57% |
| 2016-06-30 | 48.48% |
| 2016-03-31 | 47.86% |
| 2015-12-31 | 45.53% |
| 2015-09-30 | 46.25% |
| 2015-06-30 | 47.79% |
| 2015-03-31 | 46.43% |
| 2014-12-31 | 50.21% |
| 2014-09-30 | 20.70% |
| 2014-06-30 | 20.84% |
| 2014-03-31 | 21.07% |
| 2013-12-31 | 19.70% |
| 2013-09-30 | 78.85% |
| 2013-06-30 | 88.32% |
| 2013-03-31 | 61.69% |
| 2012-12-31 | 88.98% |
| 2012-09-30 | 61.91% |
| 2012-06-30 | 57.35% |
| 2012-03-31 | 73.58% |
| 2011-12-31 | 74.32% |
| 2011-09-30 | 90.25% |
| 2011-06-30 | 130.76% |
| 2011-03-31 | 182.79% |
| 2010-12-31 | 104.22% |
| 2010-09-30 | 145.48% |
| 2010-06-30 | 75.14% |
| 2010-03-31 | 58.90% |
| 2009-12-31 | 45.60% |
| 2009-09-30 | 46.67% |
| 2009-06-30 | 51.89% |
| 2009-03-31 | 54.99% |
| 2008-12-31 | 59.95% |
| 2008-09-30 | 65.46% |
| 2008-06-30 | 75.24% |
| 2008-03-31 | 71.63% |
| 2007-12-31 | 70.30% |
| 2007-09-30 | 87.23% |
| 2007-06-30 | 70.16% |
| 2007-03-31 | 70.90% |
| 2006-12-31 | 61.23% |
| 2006-09-30 | 48.86% |
| 2006-06-30 | 57.97% |
| 2006-03-31 | 59.24% |
| 2005-12-31 | 62.67% |
| 2005-09-30 | 59.78% |
| 2005-06-30 | 47.32% |
| 2005-03-31 | 47.88% |
| 2004-12-31 | 42.64% |
| 2004-09-30 | 42.97% |
| 2004-06-30 | 40.57% |
| 2004-03-31 | 34.67% |
| 2003-12-31 | 35.89% |
| 2003-09-30 | 33.17% |
| 2003-06-30 | 34.47% |
| 2003-03-31 | 37.16% |
About Mondelez International, Inc.
Mondelez International, Inc. operates as a prominent global entity in the snack and beverage sector, focusing on the production, promotion, and distribution of a wide array of food items. Its extensive reach spans multiple continents, including North America, Latin America, Asia, the Middle East, Africa, and Europe. The company's diverse product portfolio encompasses biscuits (such as cookies, crackers, and various savory snacks), chocolates, chewing gums, candies, as well as selection of cheese and general grocery products, and powdered beverage mixes. Among its well-recognized brands are Cadbury, Milka, and Toblerone chocolates; Oreo, belVita, and LU biscuits; Halls candies; Trident chewing gum; and Tang powdered beverages. Mondelez distributes its offerings through a comprehensive network of retail outlets, catering to a broad spectrum of clients including large supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, convenience stores, petrol stations, pharmacies, discount stores, and other food retailers. This complex distribution system leverages direct store delivery, proprietary and external warehousing solutions, third-party distributors, independent sales agents, and digital e-commerce platforms. Established in 2000, the company was initially known as Kraft Foods Inc. before officially changing its name to Mondelez International, Inc. in October 2012. Its corporate headquarters are situated in Chicago, Illinois.
- Sector
- Consumer Defensive
- Industry
- Food Confectioners
- CEO
- Dirk Van de Put