MDLZ Mondelez International margins

?
Relative Growth: Rel. Growth: 57
Relative Strength: Rel. Strength: 54
Relative Valuation: Rel. Valuation: 50
Relative Profitability: Rel. Profitability: 57
Gross margin
31.1%
Operating margin
11.2%
EBITDA margin
15.4%
Net margin
8.9%

Current Mondelez International reports a gross margin of 31.1%, an operating margin of 11.2%, an EBITDA margin of 15.4%, and a net margin of 8.9%. Gross margin headed the decline across the available margins, falling by 1.4 percentage points.

MDLZ margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Mondelez International's margins averaged 35.04% gross, 13.71% operating, 17.76% EBITDA, and 10.33% net. Each of the four current margins is below its three-year average.

MDLZ margin expansion

Year-over-year margin changes in percentage points

The strongest decline was in gross margin, which fell by 1.4 percentage points. The other available margins also declined.

Gross margin expansion
-1.4pp
Operating margin expansion
-1.2pp
EBITDA margin expansion
-1.3pp
Net margin expansion
-0.9pp

MDLZ Gross margin

In the last 3 years, Mondelez International had an average gross margin of 35.04%. At present, Mondelez International's current gross margin is 31.1%, which is 3.9 percentage points below its three-year average. Looking back over the last 3 years, Mondelez International's gross margin reached 41.7% at its highest point in Mar 2024 and 28.4% at its lowest in Dec 2025.

MDLZ Operating margin

Across the last 3 years, Mondelez International had an average operating margin of 13.71%. Against its three-year average, Mondelez International's operating margin is currently 11.2%, 2.5 percentage points below its three-year average. Looking back over the last 3 years, Mondelez International's operating margin reached 18.6% at its highest point in Mar 2024 and 9.2% at its lowest in Dec 2025.

MDLZ EBITDA margin

Mondelez International's EBITDA margin averaged 17.76% during the last 3 years. Compared with its three-year average, Mondelez International's current EBITDA margin is 15.4% and is 2.4 percentage points below its three-year average. Over the last 3 years, Mondelez International's EBITDA margin peaked at 22.3% in Dec 2023 and reached a low of 12.6% in Dec 2025.

MDLZ Net margin

In the last 3 years, Mondelez International had an average net margin of 10.33%. Against its three-year average, Mondelez International's net margin is currently 8.9%, 1.4 percentage points below its three-year average. Looking back over the last 3 years, Mondelez International's net margin reached 13.8% at its highest point in Dec 2023 and 6.4% at its lowest in Dec 2025.

MDLZ margin group comparison

Margins compared with peer-group, industry and sector averages

Mondelez International's gross margin of 31.1% is below the Consumer Defensive sector and its peers average. Compared to its Consumer Defensive sector average of 36.6%, Mondelez International's gross margin is 15% lower.

MDLZ margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Mondelez International's gross margin?

The current gross margin for MDLZ is 31.1% as of Jun 30, 2026.

What is Mondelez International's operating margin?

As of Jun 30, 2026, MDLZ has an operating margin of 11.2%.

What is Mondelez International's EBITDA margin?

For the period ending Jun 30, 2026, MDLZ recorded an EBITDA margin of 15.4%.

What is Mondelez International's net margin?

As of Jun 30, 2026, MDLZ has a net margin of 8.9%.

What are the average margins of MDLZ?

Looking back over 3 years, MDLZ recorded average margins of 35.0% gross, 13.7% operating, 17.8% EBITDA, and 10.3% net.

What are the highest historical margins of MDLZ?

Over this 5-year history, MDLZ peaked at 41.7% gross in Mar 2024, 18.6% operating in Mar 2024, 26.4% EBITDA in Sep 2021, and 15.7% net in Sep 2021.

What are the lowest historical margins of MDLZ?

Over the last 5 years, Mondelez International's lowest margins were 28.4% gross in Dec 2025, 9.2% operating in Dec 2025, 12.6% EBITDA in Dec 2025, and 6.4% net in Dec 2025.