United Breweries (CCU) Operating Margin (2009 - 2026)
United Breweries (CCU) posted Operating Margin of 54.39% for Q1 2026, up 836438.04% sequentially from 0.01% in Q2 2025, and up 124.0% YoY from 24.28% in Q1 2025.
United Breweries (CCU) Operating Margin (2009 - 2026) Analysis & Trends
United Breweries has reported Operating Margin for 18 years, with the latest figure at 54.39% in Q1 2026.
- Quarterly Operating Margin rose 124.0% year-over-year to 54.39% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 26.56% (up 3340.0% YoY) and the FY2025 annual result came in at 51.47%, up 5146.0% from the prior year.
- Operating Margin improved to 54.39% in Q1 2026 per CCU's latest filing, from 0.01% in the prior quarter.
- Over five years, Operating Margin peaked at 54.39% in Q1 2026 and troughed at 9.59% in Q4 2023.
- A 5-year average of 6.23% and a median of 2.56% in 2022 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2025: Operating Margin sank 2007 bps in 2022, then surged 5574 bps in 2025.
- Over 5 years, Operating Margin stood at 4.83% in 2022, then slumped by 99 bps to 9.59% in 2023, then surged by 63 bps to 3.55% in 2024, then soared by 100 bps to 0.01% in 2025, then jumped by 836438 bps to 54.39% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 54.39%, 0.01%, and 53.15% for Q1 2026, Q2 2025, and Q1 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 2,224.41 Bn | 1,851.39 Bn | 252.83 Bn | -0.01% |
| 2 | Constellation Brands | 23.10 Bn | 23.00 Bn | 1.32 Bn | 32.63% |
| 3 | Molson Coors Beverage | 8.00 Bn | 5.87 Bn | 1.06 Bn | 9.21% |
| 4 | Boston Beer | 1.97 Bn | 1.71 Bn | 286.37 Mn | 11.64% |
| 5 | Ambev | 624,799.98 | -3.50 Bn | 2.29 Bn | 26.66% |
| 6 | Anheuser-Busch InBev | 157,405.59 | -7.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.39% |
| Jun 30, 2025 | -0.01% |
| Mar 31, 2025 | 53.15% |
| Dec 31, 2024 | -3.55% |
| Jun 30, 2024 | -6.95% |
| Mar 31, 2024 | -2.58% |
| Dec 31, 2023 | -9.59% |
| Jun 30, 2023 | 4.32% |
| Mar 31, 2023 | -3.73% |
| Dec 31, 2022 | -4.83% |
| Sep 30, 2022 | 4.90% |
| Jun 30, 2022 | -2.01% |
| Mar 31, 2022 | -2.56% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 8.87% |
| Mar 31, 2021 | 17.51% |
| Dec 31, 2020 | -3.74% |
| Sep 30, 2020 | 7,529.69% |
| Mar 31, 2020 | -1.21% |