Mondelez International (MDLZ) Operating Margin (2009 - 2026)
Mondelez International (MDLZ) posted Operating Margin of 20.8% for Q2 2026, up 159.51% on a QoQ basis from 8.02% in Q1 2026, and up 776.0% year-over-year from 2.37% in Q2 2025.
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Mondelez International (MDLZ) Operating Margin (2009 - 2026) Analysis & Trends
Mondelez International has reported Operating Margin for 18 years, with the latest figure at 20.8% in Q2 2026.
- On a quarterly basis, Operating Margin rose 776.0% year-over-year to 20.8% in Q2 2026; TTM through Jun 2026 was 11.22%, a 122.0% decrease from a year earlier, with the FY2025 full-year figure at 9.21%, down 820.0% from the prior year.
- Operating Margin was 20.8% for Q2 2026 at Mondelez International, up from 8.02% in the prior quarter.
- The five-year high for Operating Margin was 29.35% in Q1 2024, with the low at 7.3% in Q1 2025.
- Average Operating Margin over 5 years is 13.4%, with a median of 12.78% recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Margin jumped 1293 bps in 2024, then plunged 2205 bps in 2025.
- Over 5 years, Operating Margin stood at 9.59% in 2022, then surged by 34 bps to 12.81% in 2023, then jumped by 31 bps to 16.77% in 2024, then tumbled by 46 bps to 9.07% in 2025, then jumped by 129 bps to 20.8% in 2026.
- The last three Operating Margin figures came in at 20.8% (Q2 2026), 8.02% (Q1 2026), and 9.07% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mondelez International | 79.28 Bn | 77.56 Bn | 3.99 Bn | 20.80% |
| 2 | Hershey | 35.12 Bn | 34.33 Bn | 1.26 Bn | 23.06% |
| 3 | Tootsie Roll Industries | 2.90 Bn | 2.76 Bn | 52.63 Mn | -1.05% |
| 4 | J&J Snack Foods | 1.57 Bn | 1.51 Bn | 151.02 Mn | 10.86% |
| 5 | Utz Brands | 1.26 Bn | 1.20 Bn | 96.20 Mn | -1.48% |
| 6 | Sanfilippo John B & Son | 831.44 Mn | 830.29 Mn | 44.15 Mn | 4.43% |
| 7 | Sow Good | 65.17 Mn | 65.17 Mn | - | - |
| 8 | BranchOut Food | 58.99 Mn | 58.69 Mn | 96,825.00 | -57.54% |
| 9 | Bridgford Foods | 53.92 Mn | 53.58 Mn | 10.86 Mn | -7.04% |
| 10 | Rocky Mountain Chocolate Factory | 8.78 Mn | 8.17 Mn | 1.41 Mn | -16.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.80% |
| Mar 31, 2026 | 8.02% |
| Dec 31, 2025 | 9.07% |
| Sep 30, 2025 | 7.64% |
| Jun 30, 2025 | 13.05% |
| Mar 31, 2025 | 7.30% |
| Dec 31, 2024 | 16.77% |
| Sep 30, 2024 | 12.53% |
| Jun 30, 2024 | 10.24% |
| Mar 31, 2024 | 29.35% |
| Dec 31, 2023 | 12.81% |
| Sep 30, 2023 | 15.27% |
| Jun 30, 2023 | 16.75% |
| Mar 31, 2023 | 16.42% |
| Dec 31, 2022 | 9.59% |
| Sep 30, 2022 | 8.75% |
| Jun 30, 2022 | 12.74% |
| Mar 31, 2022 | 14.09% |
| Dec 31, 2021 | 15.72% |
| Sep 30, 2021 | 18.02% |