Mondelez International (MDLZ) Operating Margin (2009 - 2026)
Mondelez International (MDLZ) posted quarterly Operating Margin of 20.8% for Q2 2026, up 776.0% year-over-year from 2.37% in Q2 2025, and up 159.51% quarter-over-quarter from 8.02% in Q1 2026.
Mondelez International (MDLZ) Operating Margin (2009 - 2026) Analysis & Trends
Mondelez International's Operating Margin history runs 18 years deep, the most recent figure standing at 20.8% for Q2 2026.
- In Q2 2026, Operating Margin rose 776.0% year-over-year to 20.8%; the TTM figure through Jun 2026 stood at 11.22% (down 122.0% YoY), while the FY2025 annual figure was 9.21%, down 820.0% from the prior year.
- Operating Margin for Q2 2026 stood at 20.8%, 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.
- The 5-year median for Operating Margin is 12.78% (2023), against an average of 13.4%.
- The sharpest annual moves came in 2024 and 2025: Operating Margin surged 1293 bps in 2024, then plunged 2205 bps in 2025.
- Mondelez International's Operating Margin stood at 9.59% in 2022, then soared by 34 bps to 12.81% in 2023, then surged by 31 bps to 16.77% in 2024, then tumbled by 46 bps to 9.07% in 2025, then surged by 129 bps to 20.8% in 2026.
- Business Quant data shows MDLZ's Operating Margin at 20.8% in Q2 2026, 8.02% in Q1 2026, and 9.07% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mondelez International | 80.42 Bn | 78.71 Bn | 3.99 Bn | 20.80% |
| 2 | Hershey | 27.07 Bn | 26.28 Bn | 1.26 Bn | 23.06% |
| 3 | Tootsie Roll Industries | 3.06 Bn | 2.92 Bn | 52.63 Mn | -1.05% |
| 4 | Sow Good | 64.08 Mn | 61.76 Mn | - | - |
| 5 | Rocky Mountain Chocolate Factory | 12.49 Mn | 11.88 Mn | 1.41 Mn | -16.46% |
Historic Data
Download 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% |