ABEV vs. MDLZ: A Head-to-Head Stock Comparison

Updated on August 27, 2025

Here’s a clear look at ABEV and MDLZ, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

ABEV trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, MDLZ is a standard domestic listing.

Symbol	ABEV	MDLZ
Company Name	Ambev S.A.	Mondelez International, Inc.
Country	Brazil	United States
GICS Sector	Consumer Staples	Consumer Staples
GICS Industry	Beverages	Food Products
Market Capitalization	34.30 billion USD	80.17 billion USD
Exchange	NYSE	NasdaqGS
Listing Date	March 5, 1997	June 13, 2001
Security Type	ADR	Common Stock

Historical Performance

This chart compares the performance of ABEV and MDLZ by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

ABEV vs. MDLZ: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	ABEV	MDLZ
5-Day Price Return	1.16%	-1.12%
13-Week Price Return	-14.26%	-5.39%
26-Week Price Return	9.70%	0.05%
52-Week Price Return	-5.64%	-12.52%
Month-to-Date Return	-2.01%	-4.22%
Year-to-Date Return	4.00%	3.73%
10-Day Avg. Volume	26.24M	6.24M
3-Month Avg. Volume	28.53M	7.42M
3-Month Volatility	19.45%	22.14%
Beta	0.21	0.46

Profitability

Return on Equity (TTM)

ABEV

15.38%

Beverages Industry

Max: 49.46%
Q3: 24.91%
Median: 11.13%
Q1: 5.27%
Min: -5.93%

ABEV’s Return on Equity of 15.38% is on par with the norm for the Beverages industry, indicating its profitability relative to shareholder equity is typical for the sector.

MDLZ

13.64%

Food Products Industry

Max: 27.15%
Q3: 15.66%
Median: 10.47%
Q1: 7.82%
Min: -2.46%

MDLZ’s Return on Equity of 13.64% is on par with the norm for the Food Products industry, indicating its profitability relative to shareholder equity is typical for the sector.

ABEV vs. MDLZ: A comparison of their Return on Equity (TTM) against their respective Beverages and Food Products industry benchmarks.

Net Profit Margin (TTM)

ABEV

16.08%

Beverages Industry

Max: 21.86%
Q3: 12.24%
Median: 8.70%
Q1: 5.33%
Min: -4.40%

A Net Profit Margin of 16.08% places ABEV in the upper quartile for the Beverages industry, signifying strong profitability and more effective cost management than most of its peers.

MDLZ

9.81%

Food Products Industry

Max: 18.44%
Q3: 9.92%
Median: 6.38%
Q1: 4.13%
Min: -0.92%

MDLZ’s Net Profit Margin of 9.81% is aligned with the median group of its peers in the Food Products industry. This indicates its ability to convert revenue into profit is typical for the sector.

ABEV vs. MDLZ: A comparison of their Net Profit Margin (TTM) against their respective Beverages and Food Products industry benchmarks.

Operating Profit Margin (TTM)

ABEV

24.69%

Beverages Industry

Max: 29.32%
Q3: 18.25%
Median: 13.42%
Q1: 10.58%
Min: 0.71%

An Operating Profit Margin of 24.69% places ABEV in the upper quartile for the Beverages industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

MDLZ

12.44%

Food Products Industry

Max: 24.83%
Q3: 14.27%
Median: 9.73%
Q1: 6.26%
Min: -0.10%

MDLZ’s Operating Profit Margin of 12.44% is around the midpoint for the Food Products industry, indicating that its efficiency in managing core business operations is typical for the sector.

ABEV vs. MDLZ: A comparison of their Operating Profit Margin (TTM) against their respective Beverages and Food Products industry benchmarks.

Profitability at a Glance

Symbol	ABEV	MDLZ
Return on Equity (TTM)	15.38%	13.64%
Return on Assets (TTM)	9.85%	5.19%
Net Profit Margin (TTM)	16.08%	9.81%
Operating Profit Margin (TTM)	24.69%	12.44%
Gross Profit Margin (TTM)	51.50%	32.55%

Financial Strength

Current Ratio (MRQ)

ABEV

1.11

Beverages Industry

Max: 3.38
Q3: 1.97
Median: 1.21
Q1: 0.86
Min: 0.53

ABEV’s Current Ratio of 1.11 aligns with the median group of the Beverages industry, indicating that its short-term liquidity is in line with its sector peers.

MDLZ

0.64

Food Products Industry

Max: 3.80
Q3: 2.40
Median: 1.61
Q1: 1.28
Min: 0.55

MDLZ’s Current Ratio of 0.64 falls into the lower quartile for the Food Products industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

ABEV vs. MDLZ: A comparison of their Current Ratio (MRQ) against their respective Beverages and Food Products industry benchmarks.

Debt-to-Equity Ratio (MRQ)

ABEV

0.03

Beverages Industry

Max: 2.11
Q3: 1.23
Median: 0.79
Q1: 0.32
Min: 0.00

Falling into the lower quartile for the Beverages industry, ABEV’s Debt-to-Equity Ratio of 0.03 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

MDLZ

0.80

Food Products Industry

Max: 1.87
Q3: 0.90
Median: 0.48
Q1: 0.24
Min: 0.00

MDLZ’s Debt-to-Equity Ratio of 0.80 is typical for the Food Products industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

ABEV vs. MDLZ: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Beverages and Food Products industry benchmarks.

Interest Coverage Ratio (TTM)

ABEV

5.64

Beverages Industry

Max: 78.96
Q3: 40.67
Median: 9.62
Q1: 3.59
Min: 0.81

ABEV’s Interest Coverage Ratio of 5.64 is positioned comfortably within the norm for the Beverages industry, indicating a standard and healthy capacity to cover its interest payments.

MDLZ

13.32

Food Products Industry

Max: 70.39
Q3: 32.08
Median: 9.51
Q1: 4.55
Min: -1.69

MDLZ’s Interest Coverage Ratio of 13.32 is positioned comfortably within the norm for the Food Products industry, indicating a standard and healthy capacity to cover its interest payments.

ABEV vs. MDLZ: A comparison of their Interest Coverage Ratio (TTM) against their respective Beverages and Food Products industry benchmarks.

Financial Strength at a Glance

Symbol	ABEV	MDLZ
Current Ratio (MRQ)	1.11	0.64
Quick Ratio (MRQ)	0.78	0.39
Debt-to-Equity Ratio (MRQ)	0.03	0.80
Interest Coverage Ratio (TTM)	5.64	13.32

Growth

Revenue Growth

ABEV vs. MDLZ: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

ABEV vs. MDLZ: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

ABEV

6.65%

Beverages Industry

Max: 6.93%
Q3: 4.51%
Median: 3.09%
Q1: 2.03%
Min: 0.00%

With a Dividend Yield of 6.65%, ABEV offers a more attractive income stream than most of its peers in the Beverages industry, signaling a strong commitment to shareholder returns.

MDLZ

2.96%

Food Products Industry

Max: 7.43%
Q3: 4.12%
Median: 2.67%
Q1: 1.57%
Min: 0.00%

MDLZ’s Dividend Yield of 2.96% is consistent with its peers in the Food Products industry, providing a dividend return that is standard for its sector.

ABEV vs. MDLZ: A comparison of their Dividend Yield (TTM) against their respective Beverages and Food Products industry benchmarks.

Dividend Payout Ratio (TTM)

ABEV

85.75%

Beverages Industry

Max: 143.36%
Q3: 99.22%
Median: 67.03%
Q1: 40.31%
Min: 0.00%

ABEV’s Dividend Payout Ratio of 85.75% is within the typical range for the Beverages industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

MDLZ

66.77%

Food Products Industry

Max: 202.50%
Q3: 109.53%
Median: 67.28%
Q1: 39.33%
Min: 0.00%

MDLZ’s Dividend Payout Ratio of 66.77% is within the typical range for the Food Products industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

ABEV vs. MDLZ: A comparison of their Dividend Payout Ratio (TTM) against their respective Beverages and Food Products industry benchmarks.

Dividend at a Glance

Symbol	ABEV	MDLZ
Dividend Yield (TTM)	6.65%	2.96%
Dividend Payout Ratio (TTM)	85.75%	66.77%

Valuation

Price-to-Earnings Ratio (TTM)

ABEV

12.89

Beverages Industry

Max: 41.48
Q3: 28.35
Median: 19.09
Q1: 15.36
Min: 3.14

In the lower quartile for the Beverages industry, ABEV’s P/E Ratio of 12.89 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

MDLZ

22.54

Food Products Industry

Max: 35.81
Q3: 22.88
Median: 17.13
Q1: 13.91
Min: 2.77

MDLZ’s P/E Ratio of 22.54 is within the middle range for the Food Products industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

ABEV vs. MDLZ: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Beverages and Food Products industry benchmarks.

Price-to-Sales Ratio (TTM)

ABEV

2.07

Beverages Industry

Max: 3.90
Q3: 2.38
Median: 1.54
Q1: 0.84
Min: 0.41

ABEV’s P/S Ratio of 2.07 aligns with the market consensus for the Beverages industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

MDLZ

2.21

Food Products Industry

Max: 3.63
Q3: 1.86
Median: 1.14
Q1: 0.68
Min: 0.12

MDLZ’s P/S Ratio of 2.21 is in the upper echelon for the Food Products industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

ABEV vs. MDLZ: A comparison of their Price-to-Sales Ratio (TTM) against their respective Beverages and Food Products industry benchmarks.

Price-to-Book Ratio (MRQ)

ABEV

2.27

Beverages Industry

Max: 6.29
Q3: 3.58
Median: 2.19
Q1: 1.68
Min: 0.91

ABEV’s P/B Ratio of 2.27 is within the conventional range for the Beverages industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

MDLZ

3.33

Food Products Industry

Max: 5.01
Q3: 2.76
Median: 1.98
Q1: 1.26
Min: 0.52

MDLZ’s P/B Ratio of 3.33 is in the upper tier for the Food Products industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

ABEV vs. MDLZ: A comparison of their Price-to-Book Ratio (MRQ) against their respective Beverages and Food Products industry benchmarks.

Valuation at a Glance

Symbol	ABEV	MDLZ
Price-to-Earnings Ratio (TTM)	12.89	22.54
Price-to-Sales Ratio (TTM)	2.07	2.21
Price-to-Book Ratio (MRQ)	2.27	3.33
Price-to-Free Cash Flow Ratio (TTM)	8.78	28.69