Mondelez International Inc (MDLZ)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 14,257,000 | 13,764,000 | 11,312,000 | 11,254,000 | 10,446,000 |
Revenue | US$ in thousands | 36,441,000 | 36,016,000 | 31,496,000 | 28,720,000 | 26,581,000 |
Gross profit margin | 39.12% | 38.22% | 35.92% | 39.19% | 39.30% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $14,257,000K ÷ $36,441,000K
= 39.12%
Mondelez International Inc's gross profit margin has shown some fluctuations over the years based on the provided data. The margin stood at 39.30% as of December 31, 2020, slightly decreasing to 39.19% by December 31, 2021. There was a more significant drop to 35.92% as of December 31, 2022, indicating a potential decrease in the company's ability to generate profits from sales after accounting for the cost of goods sold.
However, there was a notable improvement in the gross profit margin to 38.22% by December 31, 2023, suggesting some recovery or improved cost management strategies. The margin then increased further to 39.12% by December 31, 2024, approaching levels seen in previous years.
Overall, while the company experienced some volatility in its gross profit margin during the period analyzed, the recent upward trend indicates potential enhancements in Mondelez International Inc's ability to efficiently manage its production costs relative to its sales revenue.
Peer comparison
Dec 31, 2024