Mondelez International (MDLZ) Gross Margin (2009 - 2026)
Mondelez International's Gross Margin was 42.61% in Q2 2026, up 9.92 percentage points from 32.69% a year earlier and up 14.80 percentage points from the prior quarter.
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Analysis
Mondelez International (MDLZ) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mondelez International's Gross Margin was 31.15% through Jun 30, 2026, down 1.40 percentage points year-over-year; for FY2025, it was 28.38%, down 10.75 percentage points from FY2024.
- Gross Margin shows a five-year change of -10.92 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 39.12% in FY2024 (+0.91 pp), 38.22% in FY2023 (+2.30 pp), 35.92% in FY2022 (-3.27 pp) and 39.19% in FY2021 (-0.11 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q1 2024.
- Compared with a year earlier, Gross Margin was higher in three of the last eight quarters, with an average year-over-year change of -4.40 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q1 2024 (a gain of 13.53 percentage points); the worst was Q1 2025 (a drop of 25.04 percentage points).
- Per Business Quant data, MDLZ's Gross Margin in the three quarters before Q2 2026 was 27.81% (Q1 2026), 28.16% (Q4 2025) and 26.81% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 136.33 Bn | 111.70 Bn | - | - |
| 2 | Mondelez International | 76.81 Bn | 70.13 Bn | 3.99 Bn | 42.61% |
| 3 | Hershey | 33.25 Bn | 29.49 Bn | 1.26 Bn | 45.32% |
| 4 | Kraft Heinz | 27.93 Bn | 14.46 Bn | 2.03 Bn | 32.39% |
| 5 | General Mills | 17.97 Bn | 15.62 Bn | 1.49 Bn | 33.88% |
| 6 | Mccormick | 13.05 Bn | 12.93 Bn | 778.20 Mn | 40.18% |
| 7 | J M Smucker | 12.89 Bn | 12.67 Bn | 979.60 Mn | 44.14% |
| 8 | Hormel Foods | 10.99 Bn | 7.67 Bn | 471.52 Mn | 15.92% |
| 9 | Chewy | 7.48 Bn | 4.77 Bn | 1.01 Bn | 30.36% |
| 10 | Conagra Brands | 6.78 Bn | 5.76 Bn | 704.10 Mn | 24.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.61% |
| Mar 31, 2026 | 27.81% |
| Dec 31, 2025 | 28.16% |
| Sep 30, 2025 | 26.81% |
| Jun 30, 2025 | 32.69% |
| Mar 31, 2025 | 26.09% |
| Dec 31, 2024 | 38.64% |
| Sep 30, 2024 | 32.58% |
| Jun 30, 2024 | 33.53% |
| Mar 31, 2024 | 51.13% |
| Dec 31, 2023 | 37.26% |
| Sep 30, 2023 | 38.70% |
| Jun 30, 2023 | 39.43% |
| Mar 31, 2023 | 37.60% |
| Dec 31, 2022 | 35.37% |
| Sep 30, 2022 | 33.66% |
| Jun 30, 2022 | 36.31% |
| Mar 31, 2022 | 38.42% |
| Dec 31, 2021 | 36.99% |
| Sep 30, 2021 | 39.32% |
API Access
Mondelez International Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MDLZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MDLZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MDLZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();