Mondelez International Inc (MDLZ)

Operating 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
Operating income (ttm)	US$ in thousands	6,684,000	6,452,000	6,724,000	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
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
Operating profit margin		17.87%	17.51%	18.61%	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%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $6,684,000K ÷ $37,412,000K
= 17.87%

Mondelez International Inc's operating profit margin has shown some fluctuations over the past few years. It was at 14.86% as of December 31, 2019, and remained relatively stable around the 14% mark in the first half of 2020. However, there was a slight decline to 12.95% by June 30, 2020.

Subsequently, the operating profit margin started to improve, reaching 16.21% by September 30, 2021, its highest level during this period. There was a slight dip in the following quarter to 15.26% by March 31, 2022, but then it increased to 15.12% by June 30, 2022.

However, there was a significant drop in the operating profit margin to 11.22% by December 31, 2022, which was the lowest point in the observed period. The margin started to recover in the first half of 2023, reaching 15.28% by December 31, 2023.

The trend continued to improve, with the operating profit margin reaching 18.61% by March 31, 2024, and staying relatively high at 17.87% by the end of December 31, 2024. It dipped slightly to 17.51% by September 30, 2024.

Overall, Mondelez International Inc's operating profit margin has shown some volatility but has generally demonstrated an upward trend, with some fluctuations in between. It is important to monitor this ratio continuously to assess the company's operational efficiency and profitability over time.