• Mondelez average operating margin for 2023 was 13.71%, a 0.73% increase from 2022.
• Mondelez average operating margin for 2022 was 13.61%, a 15.15% increase from 2021.
• Mondelez average operating margin for 2021 was 16.04%, a 15.98% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.