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Mondelez International (Mondelez International) Gross Margin %

: 37.26% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Mondelez International's Gross Profit for the three months ended in Dec. 2023 was $3,470 Mil. Mondelez International's Revenue for the three months ended in Dec. 2023 was $9,314 Mil. Therefore, Mondelez International's Gross Margin % for the quarter that ended in Dec. 2023 was 37.26%.

Warning Sign:

Mondelez International Inc gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


The historical rank and industry rank for Mondelez International's Gross Margin % or its related term are showing as below:

MDLZ' s Gross Margin % Range Over the Past 10 Years
Min: 35.92   Med: 38.91   Max: 39.96
Current: 38.22


During the past 13 years, the highest Gross Margin % of Mondelez International was 39.96%. The lowest was 35.92%. And the median was 38.91%.

MDLZ's Gross Margin % is ranked better than
75.66% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 24.995 vs MDLZ: 38.22

Mondelez International had a gross margin of 37.26% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Mondelez International was -1.50% per year.


Mondelez International Gross Margin % Historical Data

The historical data trend for Mondelez International's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mondelez International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.96 39.30 39.19 35.92 38.22

Mondelez International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.37 37.60 39.43 38.70 37.26

Competitive Comparison

For the Confectioners subindustry, Mondelez International's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mondelez International Gross Margin % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mondelez International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mondelez International's Gross Margin % falls into.



Mondelez International Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Mondelez International's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=13764 / 36016
=(Revenue - Cost of Goods Sold) / Revenue
=(36016 - 22252) / 36016
=38.22 %

Mondelez International's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=3470 / 9314
=(Revenue - Cost of Goods Sold) / Revenue
=(9314 - 5844) / 9314
=37.26 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Mondelez International  (NAS:MDLZ) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Mondelez International had a gross margin of 37.26% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Mondelez International Gross Margin % Related Terms

Thank you for viewing the detailed overview of Mondelez International's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mondelez International (Mondelez International) Business Description

Address
905 West Fulton Market, Suite 200, Chicago, IL, USA, 60607
Mondelez has operated as an independent organization since its split from the former Kraft Foods North American grocery business in October 2012. The firm is a leading player in the global snack arena with a presence in the biscuit (50% of sales), chocolate (30%), gum/candy (11%), beverage (3%), and cheese and grocery (6%) aisles, as of the end of fiscal 2022. Mondelez's portfolio includes well-known brands like Oreo, Chips Ahoy, Halls, and Cadbury, among others. The firm derives just shy of 40% of revenue from developing markets, about one third from Europe, and the remainder from North America.
Executives
Hart Cees 't director C/O MONDELEZ INTERNATIONAL, 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607
Deepak D. Iyer officer: EVP and President AMEA C/O MONDELEZ INTERNATIONAL, INC., 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607
Anindita Mukherjee director 8501 WILLIAMS ROAD, ESTERO FL 33928
Maurizio Brusadelli officer: EVP and President Asia Pac MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60015
Daniel E Ramos officer: Chief Res & Dev Officer 350 FIFTH AVENUE, NEW YORK NY 10118
Ertharin Cousin director 250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726
Robin S. Hargrove officer: EVP, Research, Dev & Quality C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60048
Mariano Lozano officer: EVP and President, LA C/O THE DANONE COMPANY, INC., 100 HILLSIDE AVENUE, WHITE PLAINS NY 10603
Fredric G Reynolds director PINTEREST, INC., 651 BRANNAN, SAN FRANCISCO CA 94107
Vinzenz P. Gruber officer: EVP and President, Europe C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60015
Trian Fund Management, L.p. director 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
Glen Walter officer: EVP & President, North America THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Charles E Bunch director PPG INDUSTRIES INC., ONE PPG PLACE, PITTSBURGH PA 15272
Michael Andrew Call officer: VP, Corporate Controller & CAO 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607
Jane Nielsen director 516 WEST 34TH STREET, NEW YORK NY 10001