Mondelez International Inc (MDLZ)

Gross profit margin

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	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	10,127,000	10,025,000	10,096,000
Revenue (ttm)	US$ in thousands	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	25,728,000	25,661,000	25,711,000
Gross profit margin		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%	39.36%	39.07%	39.27%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $13,764,000K ÷ $36,016,000K
= 38.22%

Mondelez International Inc.'s gross profit margin has shown some fluctuation over the past eight quarters. The company's gross profit margin ranged from a low of 35.79% in Q1 2023 to a high of 38.54% in Q1 2022. In general, the trend appears to be relatively stable, with minor variations within the range of 35.79% to 38.54%.

It is worth noting that the gross profit margin was relatively higher in the first half of 2022, with values above 37.76%, but then decreased in the second half of the same year and into 2023. This could be attributed to various factors such as changes in commodity prices, production costs, or pricing strategies.

Overall, although there have been fluctuations in Mondelez International Inc.'s gross profit margin, the trend appears relatively stable, indicating that the company has been able to maintain a consistent level of profitability from its core operations over the past two years.