United Breweries (CCU) Operating Margin (2009 - 2026)

United Breweries' (CCU) quarterly Operating Margin came in at 54.39% in Q1 2026, up 124.0% year-on-year from 24.28% in Q1 2025, and up 836438.04% quarter-over-quarter from 0.01% in Q2 2025.

United Breweries (CCU) Operating Margin (2009 - 2026) Analysis & Trends

United Breweries has disclosed Operating Margin across 18 years of filings, most recently posting 54.39% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 54.39%, up 124.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.64% (up 3446.0% YoY), and the FY2025 annual result was 51.47%, down 899298.0% from the prior year.
  • Operating Margin came in at 54.39% for Q1 2026 at United Breweries, up from 0.01% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 54.39% in Q1 2026 to a low of 6.95% in Q2 2024.
  • The 5-year median for Operating Margin is 2.16% (2023), against an average of 12.01%.
  • Across the five-year window, Operating Margin sank 1398 bps in 2022 and surged 4123 bps in 2025, its largest moves.
  • United Breweries' Operating Margin stood at 0.0% in 2022, then advanced by 6 bps to 0.0% in 2023, then declined by 4 bps to 0.0% in 2024, then tumbled by 45819 bps to 0.01% in 2025, then surged by 836438 bps to 54.39% in 2026.
  • The last three Operating Margin figures came in at 54.39% (Q1 2026), 0.01% (Q2 2025), and 53.15% (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 United Breweries 4,105.18 Bn 3,586.00 Bn 387.52 Bn 54.39%
2 Anheuser-Busch InBev 143.88 Bn 131.66 Bn 8.61 Bn 23.39%
3 Ambev 35.18 Bn 31.41 Bn 2.42 Bn 27.83%
4 Constellation Brands 26.02 Bn 25.92 Bn 951.70 Mn 23.00%
5 Mexican Economic Development 19.03 Bn 13.06 Bn - -
6 Molson Coors Beverage 7.85 Bn 7.59 Bn 897.20 Mn 9.50%
7 Boston Beer 1.90 Bn 1.74 Bn 213.96 Mn -43.89%
8 NFiniTi - - - -
9 Molson Coors Beverage - - 897.20 Mn 9.50%
10 Anheuser-Busch InBev - - 8.61 Bn 23.39%

Historic Data

Download Data
DateValue
Mar 31, 2026 54.39%
Jun 30, 2025 -0.01%
Mar 31, 2025 53.15%
Dec 31, 2024 0.00%
Jun 30, 2024 -6.95%
Mar 31, 2024 11.92%
Dec 31, 2023 0.00%
Jun 30, 2023 4.32%
Mar 31, 2023 14.24%
Dec 31, 2022 0.00%
Jun 30, 2022 -2.01%
Mar 31, 2022 15.12%
Dec 31, 2021 13.98%
Sep 30, 2021 0.00%
Jun 30, 2021 8.87%
Mar 31, 2021 5.70%
Dec 31, 2020 0.00%
Sep 30, 2020 7,529,691.47%
Mar 31, 2020 14.85%
Dec 31, 2019 12.67%