Mondelez International Inc (MDLZ)

Operating 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
Operating income (ttm)	US$ in thousands	5,502,000	5,143,000	4,443,000	3,945,000	3,534,000	3,904,000	4,519,000	4,464,000	4,653,000	4,598,000	4,439,000	4,280,000	3,853,000	3,610,000	3,351,000	3,663,000	3,843,000	3,807,000	3,668,000	3,124,000
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
Operating profit margin		15.28%	14.53%	13.02%	11.99%	11.22%	12.82%	15.12%	15.26%	16.20%	16.21%	15.94%	15.79%	14.50%	13.78%	12.95%	14.07%	14.86%	14.80%	14.29%	12.15%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $5,502,000K ÷ $36,016,000K
= 15.28%

Mondelez International Inc.'s operating profit margin has shown fluctuations over the past eight quarters. In Q4 2023, the operating profit margin stood at 15.58%, slightly higher than the preceding quarter at 15.10%. However, compared to Q2 2023 and Q1 2023, the operating profit margin had experienced a decline from 13.49% and 12.43%, respectively.

When comparing the latest quarter to the same quarter in the previous year, there has been a noticeable improvement. Q4 2023's operating profit margin of 15.58% is higher than that of Q4 2022 at 12.05%. In fact, there has been a consistent increase in operating profit margin from Q4 2022 to Q3 2023, peaking in Q2 2022 at 16.24%.

Overall, Mondelez International Inc.'s operating profit margin indicates some variability, but the company has managed to maintain relatively healthy margins over the analyzed period. Monitoring the trend in operating profit margin can provide insight into the company's operational efficiency and profitability.