Mondelez International Inc (MDLZ)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Gross profit (ttm)	US$ in thousands	14,930,000	14,713,000	15,068,000	13,764,000	13,369,000	12,488,000	11,775,000	11,312,000	11,070,000	11,281,000	11,271,000	11,254,000	11,293,000	11,261,000	10,961,000	10,446,000	10,333,000	10,057,000	10,195,000	10,337,000
Revenue (ttm)	US$ in thousands	37,412,000	36,837,000	36,140,000	36,016,000	35,397,000	34,131,000	32,898,000	31,496,000	30,459,000	29,878,000	29,246,000	28,720,000	28,360,000	27,843,000	27,112,000	26,581,000	26,196,000	25,886,000	26,037,000	25,868,000
Gross profit margin		39.91%	39.94%	41.69%	38.22%	37.77%	36.59%	35.79%	35.92%	36.34%	37.76%	38.54%	39.19%	39.82%	40.44%	40.43%	39.30%	39.44%	38.85%	39.16%	39.96%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $14,930,000K ÷ $37,412,000K
= 39.91%

Mondelez International Inc's gross profit margin has shown some fluctuations over the analyzed period. From December 31, 2019, to December 31, 2020, the gross profit margin remained relatively stable, fluctuating between 39.96% and 39.30%. There was a slight increase in the margin in the first quarter of 2021, reaching 40.43%, which continued to improve in the following quarter to 40.44%.

However, from June 30, 2021, to December 31, 2023, there was a declining trend in the gross profit margin, dropping from 40.44% to 38.22%. This decline was particularly noticeable in the second half of 2022 and throughout 2023. The margin reached its lowest point at 35.79% on March 31, 2023.

The trend reversed in the second quarter of 2024, with the gross profit margin increasing significantly to 41.69%, which was the highest level observed during the analyzed period. This positive momentum was maintained until the end of the third quarter of 2024, where the margin stood at 39.94%.

In the context of financial analysis, fluctuations in the gross profit margin can indicate changes in pricing strategies, cost management, or overall operational efficiency. A rising gross profit margin typically signifies improving profitability, while a declining margin may raise concerns about the company's ability to control production costs or maintain pricing power.

It is essential for stakeholders to closely monitor Mondelez International Inc's gross profit margin trends in conjunction with other financial metrics to gain a comprehensive understanding of the company's financial performance and operational health.