# Mondelez International (MDLZ.US)

Canonical: https://gigainvestors.com/s/MDLZ

Analysis as of: 2026-10-16T07:30:08.162Z. Financial observations: FY1998–FY2026.

Listing currency: USD. Reporting currency: USD.

## Verdict

Not a wonderful business

Quality tests for Buy: not passed (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: $63.03 per share; close as of 2026-10-15.

Estimated value: low $43.47 per share, central $49.36 per share, high $57.21 per share. Buy at or below the central value $49.36 per share. Valuation as of 2026-10-16T07:30:08.162Z; scenarios are not confidence intervals.

Expected annual return: 8.4% at the stated quote. About 8.4% a year at today's price (required return 10.0%). required return 10.0% a year (10% floor; US 10-year bond 5.1% + 4 points).

## Checklist

### understandable: pass

- 2 revenue declines in the last 10 years (informational)

- Financial history: 10 years

- Years with declining revenue: 2

- Years with a net loss: 0

- Operating margin variation: 0.20×

Chart: Operating margin; fiscal year observations.

- FY2017: 0.13×

- FY2018: 0.13×

- FY2019: 0.15×

- FY2020: 0.14×

- FY2021: 0.16×

- FY2022: 0.11×

- FY2023: 0.15×

- FY2024: 0.17×

- FY2025: 0.09×

- LTM to Mar 2026: 0.09×

### moat: fail

- ROIC median below threshold

- Recent gross margin fell 10.2pp below the typical margin (limit 4pp)

- ROIC, median of available years: 12.8%

- ROIC, second-lowest year: 12.1%

- Typical minus recent gross margin: 10.2 pp

- Typical gross margin (annual median): 38.9%

- Recent gross margin (lower of latest and 3-year median): 28.8%

- Years with nonpositive capital: 0

- Capital spending / revenue: 3.4%

- ROIC including acquisitions, ten-year median: 7.7%

Chart: ROIC excluding acquisitions; fiscal year observations.

- FY2017: 12.9%

- FY2018: 12.1%

- FY2019: 16.1%

- FY2020: 12.7%

- FY2021: 16.1%

- FY2022: 10.3%

- FY2023: 24.4%

- FY2024: 23.2%

- FY2025: 12.1%

- LTM to Mar 2026: 12.5%

### economics: fail

- incremental invested capital return below threshold

- Owner earnings / net income, 5-yr: 1.03×

- Cash conversion uses consolidated totals: No

- Owner earnings, five-year total: $20B

- Net income, five-year total: $19B

- Return on incremental invested capital: 0.0%

- Working capital / revenue, annual change: -0.4 pp

- Working capital / revenue, change between three-year averages: -2.7 pp

- Working capital / revenue, final three-year average: -1.7%

Chart: Annual owner cash / profit; fiscal year observations.

- FY2021: 1.03×

- FY2022: 1.07×

- FY2023: 1.02×

- FY2024: 1.00×

- FY2025: 1.03×

### management: pass

- Historical market-dollar context (not the management verdict): 2016 to 2025 (9 years)

- potential debt-funded buybacks (informational)

- buybacks unrelated to price (informational)

- ROIC first 3 years vs last 3 years: 12.1% vs 23.2%

- Per-share earnings: 1.85 to 3.42 (three-year endpoint medians)

- Management verdict uses per-share economic progress: Yes

- Ordinary dilution, 10-year annual growth: -2.3%

- Ordinary dilution, 5-year annual growth: -2.1%

- Market cap gain: $140M

- Cumulative retained earnings: $15B

- Diluted shares, 10-year annual growth: -2.3%

- Diluted shares, 5-year annual growth: -2.1%

- $1 test, starting fiscal year: FY2016

- $1 test, ending fiscal year: FY2025

- Per-share value growth: 8.0%

- Per-share value change: $1.58

- Per-share value, starting three-year median: $1.85

- Per-share value, ending three-year median: $3.42

- Buybacks concentrated in cheaper years (correlation): -0.28

- Average buyback yield: 2.6%

- Buyback history: 10 years

- Debt-funded buybacks: Yes

- Acquisition spending: $8.6B

- Cumulative net income, 10 years: $34B

- ROIC, first three-year median: 12.1%

- ROIC, last three-year median: 23.2%

Chart: Earnings per share; fiscal year observations.

- FY2016: $1.04

- FY2017: $1.85

- FY2018: $2.23

- FY2019: $2.69

- FY2020: $2.47

- FY2021: $3.04

- FY2022: $1.96

- FY2023: $3.62

- FY2024: $3.42

- FY2025: $1.89

### accounting: pass

- Sloan accruals: -2.9%

- Receivables to sales index (DSRI): 0.95×

- Restructuring years, last five: 0

- Stock compensation / operating cash flow: 2.5%

- Earnings backed by cash: Yes

- Operating cash / earnings: 1.84×

- Accounting red flags: 0

- Goodwill and intangibles / equity: 1.70×

Chart: Sloan accruals; fiscal year observations.

- FY2016: -2.0%

- FY2017: 0.4%

- FY2018: -1.0%

- FY2019: -0.1%

- FY2020: -0.6%

- FY2021: 0.2%

- FY2022: -1.7%

- FY2023: 0.3%

- FY2024: -0.4%

- FY2025: -2.9%

## Holders

- [David Hoeft](https://gigainvestors.com/DAC): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Bill Nygren](https://gigainvestors.com/HA): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Nick Train](https://gigainvestors.com/LT): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Lee Ainslie](https://gigainvestors.com/mc): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 5% since Oct 2023 · "Can Mondelez's Productivity Gains Offset Elevated Cocoa Cost Pressure?" (finance.yahoo.com, Sep 2026) · sales +2%

Story as of 2026-10-16T09:59:08.689Z; price observation 2026-10-15.

Price needs cash profits to grow 4% a year for ten years

- 2025-10-29: Mondelez projects steeper EPS decline as third-quarter volumes deteriorate ([finance.yahoo.com](https://finance.yahoo.com/news/mondelez-projects-steeper-eps-decline-124043275.html))

- 2026-01-30: Morgan Stanley Sees Cocoa Price Relief Improving EPS Visibility at Mondelez (MDLZ) ([finance.yahoo.com](https://finance.yahoo.com/news/morgan-stanley-sees-cocoa-price-220035746.html))

- 2026-02-03: Mondelez International Fourth-Quarter Profit Falls, Hurt by High Cocoa Costs ([finance.yahoo.com](https://finance.yahoo.com/m/ce1c4328-3877-30cd-b93d-45dcc11d8290/mondelez-international.html))

- 2026-03-27: Rothschild Cuts Mondelez (MDLZ) to Neutral, Cites Volume Weakness and Rising Competition ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/rothschild-cuts-mondelez-mdlz-neutral-010341658.html))

- 2026-04-29: Mondelez Q1 Profit, Revenue Up; Confirms Full-year Outlook ([nasdaq.com](https://www.nasdaq.com/articles/mondelez-q1-profit-revenue-confirms-full-year-outlook))

- 2026-07-29: Mondelez Q2 Earnings Beat Estimates, 2026 Organic Sales Outlook Up ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/mondelez-q2-earnings-beat-estimates-144500399.html))

### Sales · FY2025–2026

sales +2%; source https://www.sec.gov/Archives/edgar/data/1103982/000162828026005345/mdlz-20251231.htm; observed 2026-02-04.

- FY2017: $26B 

- FY2018: $26B 

- FY2019: $26B 

- FY2020: $27B 

- FY2021: $29B 

- FY2022: $31B 

- FY2023: $36B 

- FY2024: $36B 

- FY2025: $39B 

- FY2026: $39B 

### Gross margin · FY2026

gross margin 28.8%; source https://www.sec.gov/Archives/edgar/data/1103982/000162828026005345/mdlz-20251231.htm; observed 2026-02-04.

- FY2017: 38.7% 

- FY2018: 39.9% 

- FY2019: 40.0% 

- FY2020: 39.3% 

- FY2021: 39.2% 

- FY2022: 35.9% 

- FY2023: 38.2% 

- FY2024: 39.1% 

- FY2025: 28.4% 

- FY2026: 28.8% 

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in confectioners; annual sales are USD 38.5 billion.

- Source: https://www.sec.gov/Archives/edgar/data/1103982/000162828026005345/mdlz-20251231.htm (filed 2026-02-04); FY2025: revenue 38537000000; grossProfit 10935000000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); MDLZ.US: Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products in Latin America, North America, Asia, the Middle East, Africa, and Europe. The company provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese, grocery, and powdered beverage products. Its brand portfolio includes Oreo, Ritz, LU, CLIF Bar, Tate's Bake Shop biscuits and baked snacks, Cadbury Dairy Milk, Milka, and Toblerone chocolate. It serves supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores, and other retail food outlets through direct store delivery, company-owned and satellite warehouses, distribution centers, third-party distributors, and other facilities, as well as through independent sales offices and agents. The company also sells products directly to businesses and consumers through e-retail platforms, retailer digital platforms, as well as through its direct-to-consumer websites and social media platforms. Mondelez International, Inc. was formerly known as Kraft Foods Inc. and changed its name to Mondelez International, Inc. in October 2012. The company was incorporated in 2000 and is headquartered in Chicago, Illinois.

### Why customers stay

Margins ranged from 28.4% to 39.1% during 2023–25; it earns 12.8% on its capital.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-04); FY2023: grossProfit / revenue = 38.2%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-04); FY2024: grossProfit / revenue = 39.1%.

- Source: https://www.sec.gov/Archives/edgar/data/1103982/000162828026005345/mdlz-20251231.htm (filed 2026-02-04); FY2025: grossProfit / revenue = 28.4%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-04); 10-year return on capital observations [[2017,0.12865748538072871],[2018,0.12117631800380867],[2019,0.1605052945871179],[2020,0.12706156213565803],[2021,0.16054726371024214],[2022,0.10326528256171401],[2023,0.24376412210358425],[2024,0.2319588902972877],[2025,0.12063593039644195],[2026,0.12541187363422795]]; median 0.12785952375819337. ROIC follows the displayed moat series; financial companies use return on tangible equity.

### Where the cash goes

Paid dividends in 10 of 10 years; bought back USD 2.4 billion of shares.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-04); FY2016: growth capex 0; upkeep 1224000000; owner earnings 1234000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-04); FY2017: growth capex 0; upkeep 1014000000; owner earnings 2630000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-04); FY2018: growth capex 13008647.77478528; upkeep 1081991352.2252147; owner earnings 3046008647.774785. Growth capex / owner earnings = 0.004270719252320097.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-04); FY2019: growth capex 0; upkeep 925000000; owner earnings 4051000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-04); FY2020: growth capex 0; upkeep 863000000; owner earnings 3808000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-04); FY2021: growth capex 0; upkeep 965000000; owner earnings 4448000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-04); FY2022: growth capex 0; upkeep 906000000; owner earnings 2918000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-04); FY2023: growth capex 0; upkeep 1112000000; owner earnings 5062000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-04); FY2024: growth capex 85000000; upkeep 1302000000; owner earnings 4611000000. Growth capex / owner earnings = 0.01843417913684667.

- Source: https://www.sec.gov/Archives/edgar/data/1103982/000162828026005345/mdlz-20251231.htm (filed 2026-02-04); FY2025: growth capex 0; upkeep 1279000000; owner earnings 2530000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-04); Dividend observations: [[2016,1094000000],[2017,1198000000],[2018,1359000000],[2019,1542000000],[2020,1678000000],[2021,1826000000],[2022,1985000000],[2023,2160000000],[2024,2349000000],[2025,2487000000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://www.sec.gov/Archives/edgar/data/1103982/000162828026005345/mdlz-20251231.htm (filed 2026-02-04); FY2025: cash repurchases 2385000000 USD.

### Are managers owners

Insiders own 0.2% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); MDLZ.US SharesStats.PercentInsiders = 0.23700000000000002 percentage points; cache date 2026-10-16.

### What could break it

"Commodity and other input prices are volatile" (SEC filing, Feb 2026)

- Source: https://www.sec.gov/Archives/edgar/data/1103982/000162828026005345/mdlz-20251231.htm (filed 2026-02-04); Commodity and other input prices are volatile

### What the price says

The price assumes cash profits grow 4% yearly over ten years; actual decline was 7.1%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-04); Ten-year compound average after fade. Initial solved rate 0.04426657093844144. Price 63.03; FX 1; discount 0.1; same standard ten-year fade to terminal 0.03. FY2015 owner earnings/share 4.060476481368357 → FY2025 1.9491525423728813. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2016-10: $44.94 per share

- 2016-11: $41.24 per share

- 2016-12: $44.33 per share

- 2017-01: $44.28 per share

- 2017-02: $43.92 per share

- 2017-03: $43.08 per share

- 2017-04: $45.03 per share

- 2017-05: $46.59 per share

- 2017-06: $43.19 per share

- 2017-07: $44.02 per share

- 2017-08: $40.66 per share

- 2017-09: $40.66 per share

- 2017-10: $41.43 per share

- 2017-11: $42.94 per share

- 2017-12: $42.80 per share

- 2018-01: $44.40 per share

- 2018-02: $43.90 per share

- 2018-03: $41.73 per share

- 2018-04: $39.50 per share

- 2018-05: $39.27 per share

- 2018-06: $41.00 per share

- 2018-07: $43.38 per share

- 2018-08: $42.72 per share

- 2018-09: $42.96 per share

- 2018-10: $41.98 per share

- 2018-11: $44.98 per share

- 2018-12: $40.03 per share

- 2019-01: $46.26 per share

- 2019-02: $47.16 per share

- 2019-03: $49.92 per share

- 2019-04: $50.85 per share

- 2019-05: $50.85 per share

- 2019-06: $53.90 per share

- 2019-07: $53.49 per share

- 2019-08: $55.22 per share

- 2019-09: $55.32 per share

- 2019-10: $52.45 per share

- 2019-11: $52.54 per share

- 2019-12: $55.08 per share

- 2020-01: $57.38 per share

- 2020-02: $52.80 per share

- 2020-03: $50.08 per share

- 2020-04: $51.44 per share

- 2020-05: $52.12 per share

- 2020-06: $51.13 per share

- 2020-07: $55.49 per share

- 2020-08: $58.42 per share

- 2020-09: $57.45 per share

- 2020-10: $53.12 per share

- 2020-11: $57.45 per share

- 2020-12: $58.47 per share

- 2021-01: $55.44 per share

- 2021-02: $53.16 per share

- 2021-03: $58.53 per share

- 2021-04: $60.81 per share

- 2021-05: $63.53 per share

- 2021-06: $62.44 per share

- 2021-07: $63.26 per share

- 2021-08: $62.07 per share

- 2021-09: $58.18 per share

- 2021-10: $60.74 per share

- 2021-11: $58.94 per share

- 2021-12: $66.31 per share

- 2022-01: $67.03 per share

- 2022-02: $65.48 per share

- 2022-03: $62.78 per share

- 2022-04: $64.48 per share

- 2022-05: $63.56 per share

- 2022-06: $62.09 per share

- 2022-07: $64.04 per share

- 2022-08: $61.86 per share

- 2022-09: $54.83 per share

- 2022-10: $61.48 per share

- 2022-11: $67.61 per share

- 2022-12: $66.65 per share

- 2023-01: $65.44 per share

- 2023-02: $65.18 per share

- 2023-03: $69.72 per share

- 2023-04: $76.72 per share

- 2023-05: $73.41 per share

- 2023-06: $72.94 per share

- 2023-07: $74.13 per share

- 2023-08: $71.26 per share

- 2023-09: $69.40 per share

- 2023-10: $66.21 per share

- 2023-11: $71.06 per share

- 2023-12: $72.43 per share

- 2024-01: $75.27 per share

- 2024-02: $73.07 per share

- 2024-03: $70.00 per share

- 2024-04: $71.94 per share

- 2024-05: $68.53 per share

- 2024-06: $65.44 per share

- 2024-07: $68.35 per share

- 2024-08: $71.81 per share

- 2024-09: $73.67 per share

- 2024-10: $68.48 per share

- 2024-11: $64.95 per share

- 2024-12: $59.73 per share

- 2025-01: $57.99 per share

- 2025-02: $64.23 per share

- 2025-03: $67.85 per share

- 2025-04: $68.13 per share

- 2025-05: $67.49 per share

- 2025-06: $67.44 per share

- 2025-07: $64.69 per share

- 2025-08: $61.44 per share

- 2025-09: $62.47 per share

- 2025-10: $57.46 per share

- 2025-11: $57.57 per share

- 2025-12: $53.83 per share

- 2026-01: $58.47 per share

- 2026-02: $61.58 per share

- 2026-03: $57.64 per share

- 2026-04: $61.44 per share

- 2026-05: $61.17 per share

- 2026-06: $57.84 per share

- 2026-07: $62.31 per share

- 2026-08: $62.07 per share

- 2026-09: $57.82 per share

- 2026-10: $61.50 per share

## Annual estimated value (USD per share)

- FY2016: low $15.19 per share, central $17.18 per share, high $19.82 per share

- FY2017: low $18.31 per share, central $20.81 per share, high $24.14 per share

- FY2018: low $19.77 per share, central $22.44 per share, high $26.00 per share

- FY2019: low $23.30 per share, central $26.44 per share, high $30.62 per share

- FY2020: low $25.82 per share, central $29.08 per share, high $33.43 per share

- FY2021: low $33.93 per share, central $38.32 per share, high $44.16 per share

- FY2022: low $36.54 per share, central $41.45 per share, high $47.99 per share

- FY2023: low $41.96 per share, central $47.64 per share, high $55.19 per share

- FY2024: low $42.02 per share, central $47.75 per share, high $55.38 per share

- FY2025: low $42.11 per share, central $47.77 per share, high $55.30 per share

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

Prior published observations retained from 2026-10-15T06:35:52.736Z where newer inputs omit a numeric field or fiscal period.

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1103982/000162828026005345/mdlz-20251231.htm); period 2025-12-31, filed 2026-02-04.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [David Hoeft](https://gigainvestors.com/DAC): 11,840 MDLZ shares; USD 685,000 reported position value; 0% of portfolio; hold; quarter 2026 Q2.
- [Bill Nygren](https://gigainvestors.com/HA): 5,520,536 MDLZ shares; USD 319,308,000 reported position value; 0.42% of portfolio; reduce; quarter 2026 Q2.
- [Nick Train](https://gigainvestors.com/LT): 2,565,453 MDLZ shares; USD 148,386,000 reported position value; 5.64% of portfolio; reduce; quarter 2026 Q2.
- [Lee Ainslie](https://gigainvestors.com/mc): 10,411 MDLZ shares; USD 602,000 reported position value; 0.01% of portfolio; new; quarter 2026 Q2.

# MDLZ — Mondelez International

Held by 4 investors · USD 468,981,000 total · 2026 Q2 · reported price USD 57.84 (split-adjusted).
Page: https://gigainvestors.com/s/MDLZ

## Holders (2026 Q2)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Bill Nygren (https://gigainvestors.com/HA) | USD 319,308,000 | 0.4% | reduce -1.97% |
| Nick Train (https://gigainvestors.com/LT) | USD 148,386,000 | 5.6% | reduce -27.98% |
| David Hoeft (https://gigainvestors.com/DAC) | USD 685,000 | 0.0% | hold |
| Lee Ainslie (https://gigainvestors.com/mc) | USD 602,000 | <0.1% | new |

## Total held by quarter

- 2007 Q4: USD 4,320,009,694 · 1 holder · USD 32.63
- 2008 Q1: USD 4,287,830,225 · 1 holder · USD 31.01
- 2008 Q2: USD 3,933,852,625 · 1 holder · USD 28.45
- 2008 Q3: USD 4,528,424,375 · 1 holder · USD 32.75
- 2008 Q4: USD 3,715,493,200 · 2 holders · USD 26.85
- 2009 Q1: USD 3,084,157,277 · 2 holders · USD 22.29
- 2009 Q2: USD 3,506,149,487 · 2 holders · USD 25.34
- 2009 Q3: USD 3,634,158,306 · 2 holders · USD 26.27
- 2009 Q4: USD 3,760,408,882 · 2 holders · USD 27.18
- 2010 Q1: USD 4,220,099,775 · 3 holders · USD 30.24
- 2010 Q2: USD 3,888,738,292 · 3 holders · USD 28.00
- 2010 Q3: USD 4,100,027,351 · 3 holders · USD 30.86
- 2010 Q4: USD 3,928,814,046 · 2 holders · USD 31.51
- 2011 Q1: USD 3,996,952,704 · 2 holders · USD 31.36
- 2011 Q2: USD 4,287,442,136 · 2 holders · USD 35.23
- 2011 Q3: USD 3,859,457,766 · 3 holders · USD 33.58
- 2011 Q4: USD 4,042,301,821 · 3 holders · USD 37.36
- 2012 Q1: USD 3,554,897,043 · 3 holders · USD 38.01
- 2012 Q2: USD 2,271,905,182 · 2 holders · USD 38.71
- 2012 Q3: USD 1,259,707,873 · 2 holders · USD 41.35
- 2012 Q4: USD 479,054,564 · 2 holders · USD 25.47
- 2013 Q1: USD 398,900,521 · 2 holders · USD 30.61
- 2013 Q2: USD 16,490,340 · 1 holder · USD 28.53
- 2013 Q3: USD 18,160,760 · 1 holder · USD 31.42
- 2013 Q4: USD 20,403,400 · 1 holder · USD 35.30
- 2014 Q1: USD 19,969,900 · 1 holder · USD 34.55
- 2014 Q2: USD 21,738,580 · 1 holder · USD 37.61
- 2014 Q3: USD 19,802,280 · 1 holder · USD 34.26
- 2014 Q4: USD 20,998,740 · 1 holder · USD 36.33
- 2015 Q1: USD 1,754,050,403 · 2 holders · USD 36.09
- 2015 Q2: USD 1,999,653,020 · 2 holders · USD 41.14
- 2015 Q3: USD 3,850,885,603 · 3 holders · USD 41.87
- 2015 Q4: USD 4,124,045,375 · 3 holders · USD 44.84
- 2016 Q1: USD 2,870,521,367 · 3 holders · USD 40.12
- 2016 Q2: USD 3,256,337,391 · 3 holders · USD 45.51
- 2016 Q3: USD 3,141,138,464 · 3 holders · USD 43.90
- 2016 Q4: USD 3,003,454,095 · 3 holders · USD 44.33
- 2017 Q1: USD 2,789,528,998 · 3 holders · USD 43.08
- 2017 Q2: USD 2,486,830,445 · 3 holders · USD 43.19
- 2017 Q3: USD 2,318,032,537 · 3 holders · USD 40.66
- 2017 Q4: USD 2,839,313,609 · 3 holders · USD 42.80
- 2018 Q1: USD 1,483,695,586 · 3 holders · USD 41.73
- 2018 Q2: USD 1,466,750,113 · 3 holders · USD 41.00
- 2018 Q3: USD 2,078,640,865 · 3 holders · USD 42.96
- 2018 Q4: USD 2,054,321,907 · 4 holders · USD 40.03
- 2019 Q1: USD 2,609,580,774 · 5 holders · USD 49.92
- 2019 Q2: USD 2,893,726,770 · 4 holders · USD 53.90
- 2019 Q3: USD 2,889,766,938 · 4 holders · USD 55.32
- 2019 Q4: USD 2,915,400,979 · 4 holders · USD 55.08
- 2020 Q1: USD 2,355,431,370 · 5 holders · USD 50.08
- 2020 Q2: USD 2,524,676,894 · 5 holders · USD 51.13
- 2020 Q3: USD 2,455,246,789 · 4 holders · USD 57.45
- 2020 Q4: USD 2,519,066,254 · 4 holders · USD 58.47
- 2021 Q1: USD 2,412,785,564 · 4 holders · USD 58.53
- 2021 Q2: USD 2,441,973,452 · 3 holders · USD 62.44
- 2021 Q3: USD 2,223,558,730 · 4 holders · USD 58.18
- 2021 Q4: USD 1,818,073,229 · 4 holders · USD 66.31
- 2022 Q1: USD 1,647,267,783 · 3 holders · USD 62.78
- 2022 Q2: USD 1,414,077,484 · 5 holders · USD 62.08
- 2022 Q3: USD 1,173,740,646 · 5 holders · USD 54.82
- 2022 Q4: USD 1,370,277,327 · 5 holders · USD 66.64
- 2023 Q1: USD 1,405,728,186 · 5 holders · USD 69.72
- 2023 Q2: USD 1,375,417,116 · 4 holders · USD 72.96
- 2023 Q3: USD 1,215,459,781 · 2 holders · USD 69.41
- 2023 Q4: USD 1,221,812,586 · 3 holders · USD 72.46
- 2024 Q1: USD 1,002,665,545 · 4 holders · USD 70.02
- 2024 Q2: USD 787,175,511 · 3 holders · USD 65.46
- 2024 Q3: USD 753,398,263 · 3 holders · USD 73.65
- 2024 Q4: USD 503,372,244 · 3 holders · USD 59.73
- 2025 Q1: USD 568,585,156 · 3 holders · USD 67.85
- 2025 Q2: USD 477,837,621 · 3 holders · USD 67.44
- 2025 Q3: USD 406,928,935 · 4 holders · USD 62.47
- 2025 Q4: USD 491,007,114 · 4 holders · USD 53.83
- 2026 Q1: USD 530,590,713 · 3 holders · USD 57.64
- 2026 Q2: USD 468,981,000 · 4 holders · USD 57.84