Mondelez International, Inc. Earnings Per Share Disclosure
| For the Years Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| (in millions, except per share data) | |||||||||||||||||
| Net earnings | $ | 2,466 | $ | 4,623 | $ | 4,968 | |||||||||||
less: Noncontrolling interest earnings | (15) | (12) | (9) | ||||||||||||||
| Net earnings attributable to Mondelēz International | $ | 2,451 | $ | 4,611 | $ | 4,959 | |||||||||||
| Weighted-average shares for basic EPS | 1,294 | 1,341 | 1,363 | ||||||||||||||
| plus: Dilutive effect of outstanding stock awards | 4 | 6 | 7 | ||||||||||||||
| Weighted-average shares for diluted EPS | 1,298 | 1,347 | 1,370 | ||||||||||||||
| Basic earnings per share attributable to Mondelēz International | $ | 1.89 | $ | 3.44 | $ | 3.64 | |||||||||||
| Diluted earnings per share attributable to Mondelēz International | $ | 1.89 | $ | 3.42 | $ | 3.62 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 4, 2026 | Showing above |
| 2024 | Feb 5, 2025 | |
| 2023 | Feb 2, 2024 | |
| 2022 | Feb 3, 2023 | |
| 2021 | Feb 4, 2022 | |
| 2020 | Feb 5, 2021 | |
| 2019 | Feb 7, 2020 | |
| 2018 | Feb 8, 2019 | |
| 2017 | Feb 9, 2018 | |
| 2016 | Feb 24, 2017 | |
| 2015 | Feb 19, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.