Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 20.80% is 60% above its 5-year average of 12.97%, around the middle of its 5-year range (7.30%–29.35%).
As of the fiscal period ended Tuesday, June 30, 2026. 75.27% above its 12-month average of 11.87%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
20.80%
OPERATING MARGIN AVG TTM
11.87%
OPERATING MARGIN AVG 3Y
12.58%
OPERATING MARGIN AVG 5Y
12.97%
OPERATING MARGIN AVG 10Y
13.06%
OPERATING MARGIN AVG 15Y
12.36%
OPERATING MARGIN AVG 20Y
12.23%
CURRENT VS TTM AVG
+75.27%
CURRENT VS 3Y AVG
+65.30%
CURRENT VS 5Y AVG
+60.34%
CURRENT VS 10Y AVG
+59.27%
CURRENT VS 15Y AVG
+68.33%
CURRENT VS 20Y AVG
+70.13%
SECTOR MEDIAN · CONSUMER DEFENSIVE
11.46%
median of 46 covered companies
CURRENT VS SECTOR MEDIAN
+81.44%
vs the sector median at left
Mondelez International, Inc.
Market Cap
$78.67B
Operating Margin
20.80%
TTM Avg
11.87%
3Y Avg
12.58%
5Y Avg
12.97%
Market Cap
$73.94B
Operating Margin
20.65%
TTM Avg
21.56%
3Y Avg
21.08%
5Y Avg
21.73%
Market Cap
$69.08B
Operating Margin
4.49%
TTM Avg
5.05%
3Y Avg
5.14%
5Y Avg
5.48%
Market Cap
$89.42B
Operating Margin
29.16%
TTM Avg
27.47%
3Y Avg
26.85%
5Y Avg
29.22%
Market Cap
$108.37B
Operating Margin
55.95%
TTM Avg
57.37%
3Y Avg
57.17%
5Y Avg
55.93%
Market Cap
$47.03B
Operating Margin
12.50%
TTM Avg
11.89%
3Y Avg
12.15%
5Y Avg
11.22%
Market Cap
$39.67B
Operating Margin
21.29%
TTM Avg
21.78%
3Y Avg
21.23%
5Y Avg
21.52%
Market Cap
$38.61B
Operating Margin
2.46%
TTM Avg
2.09%
3Y Avg
3.17%
5Y Avg
3.15%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mondelez International, Inc. (MDLZ) | $78.67B | 20.80% | 11.87% | 12.58% | 12.97% |
| Colgate-Palmolive Company (CL)vs › | $73.94B | 20.65% | 21.56% | 21.08% | 21.73% |
| Target Corporation (TGT)vs › | $69.08B | 4.49% | 5.05% | 5.14% | 5.48% |
| Monster Beverage Corporation (MNST)vs › | $89.42B | 29.16% | 27.47% | 26.85% | 29.22% |
| Altria Group, Inc. (MO)vs › | $108.37B | 55.95% | 57.37% | 57.17% | 55.93% |
| Coca-Cola Europacific Partners PLC (CCEP)vs › | $47.03B | 12.50% | 11.89% | 12.15% | 11.22% |
| Sysco Corporation (SYY)vs › | $40.29B | 3.66% | 3.73% | 3.88% | 3.62% |
| Keurig Dr Pepper Inc. (KDP)vs › | $39.67B | 21.29% | 21.78% | 21.23% | 21.52% |
| Archer-Daniels-Midland Company (ADM)vs › | $38.61B | 2.46% | 2.09% | 3.17% | 3.15% |
| The Hershey Company (HSY)vs › | $36.94B | 17.58% | 19.00% | 20.66% | 21.21% |
Gross Margin
31.1%
Operating Margin
20.8%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 20.80% |
| 2026-03-31 | 8.53% |
| 2025-12-31 | 9.33% |
| 2025-09-30 | 7.64% |
| 2025-06-30 | 13.05% |
| 2025-03-31 | 7.30% |
| 2024-12-31 | 16.77% |
| 2024-09-30 | 12.53% |
| 2024-06-30 | 10.24% |
| 2024-03-31 | 29.35% |
| 2023-12-31 | 12.81% |
| 2023-09-30 | 15.27% |
| 2023-06-30 | 16.75% |
| 2023-03-31 | 16.42% |
| 2022-12-31 | 9.59% |
| 2022-09-30 | 8.75% |
| 2022-06-30 | 12.74% |
| 2022-03-31 | 14.09% |
| 2021-12-31 | 15.72% |
| 2021-09-30 | 18.02% |
| 2021-06-30 | 13.13% |
| 2021-03-31 | 17.73% |
| 2020-12-31 | 15.74% |
| 2020-09-30 | 17.03% |
| 2020-06-30 | 12.06% |
| 2020-03-31 | 12.76% |
| 2019-12-31 | 13.11% |
| 2019-09-30 | 13.78% |
| 2019-06-30 | 16.91% |
| 2019-03-31 | 15.85% |
| 2018-12-31 | 84.95% |
| 2018-09-30 | 11.72% |
| 2018-06-30 | 7.87% |
| 2018-03-31 | 18.09% |
| 2017-12-31 | 12.12% |
| 2017-09-30 | -17.93% |
| 2017-06-30 | 10.62% |
| 2017-03-31 | 12.86% |
| 2016-12-31 | 7.49% |
| 2016-09-30 | 10.98% |
| 2016-06-30 | 10.12% |
| 2016-03-31 | 11.19% |
| 2015-12-31 | -7.56% |
| 2015-09-30 | 113.91% |
| 2015-06-30 | 10.98% |
| 2015-03-31 | 10.45% |
| 2014-12-31 | 6.67% |
| 2014-09-30 | 10.23% |
| 2014-06-30 | 11.34% |
| 2014-03-31 | 9.76% |
| 2013-12-31 | 10.65% |
| 2013-09-30 | 14.90% |
| 2013-06-30 | 10.06% |
| 2013-03-31 | 9.54% |
| 2012-12-31 | 37.09% |
| 2012-09-30 | 10.06% |
| 2012-06-30 | 10.99% |
| 2012-03-31 | 10.42% |
| 2011-12-31 | 10.26% |
| 2011-09-30 | 12.84% |
| 2011-06-30 | 13.01% |
| 2011-03-31 | 13.09% |
| 2010-12-31 | 9.00% |
| 2010-09-30 | 12.80% |
| 2010-06-30 | 13.88% |
| 2010-03-31 | 10.66% |
| 2009-12-31 | 11.85% |
| 2009-09-30 | 14.25% |
| 2009-06-30 | 14.89% |
| 2009-03-31 | 13.09% |
| 2008-12-31 | 2.80% |
| 2008-09-30 | 9.84% |
| 2008-06-30 | 13.17% |
| 2008-03-31 | 10.62% |
| 2007-12-31 | 10.00% |
| 2007-09-30 | 10.10% |
| 2007-06-30 | 12.91% |
| 2007-03-31 | 13.07% |
| 2006-12-31 | 10.39% |
| 2006-09-30 | 16.44% |
| 2006-06-30 | 13.66% |
| 2006-03-31 | 12.53% |
| 2005-12-31 | 12.39% |
| 2005-09-30 | 14.25% |
| 2005-06-30 | 15.00% |
| 2005-03-31 | 14.36% |
| 2004-12-31 | 13.37% |
| 2004-09-30 | 15.96% |
| 2004-06-30 | 14.94% |
| 2004-03-31 | 12.84% |
| 2003-12-31 | 17.83% |
| 2003-09-30 | 18.85% |
| 2003-06-30 | 20.76% |
| 2003-03-31 | 20.22% |
| 2002-12-31 | 20.79% |
| 2002-09-30 | 21.62% |