Filing Flows › Unilever (UL) › Operating margin
Unilever (UL) operating margin by quarter
Unilever's operating margin was 19.1% in H1 2026 (H1 2026), +2.0 pts from H2 2025. Over the last 3 quarters it ranged from 17.1% (H2 2025) to 19.1% (H1 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| H1 2026 | 19.1% | +2.0 pts | — |
| H2 2025 | 17.1% | -0.5 pts | — |
| H1 2025 | 17.6% | — | — |
H1 2026 at a glance
Unilever, H1 2026: revenue $25.6B (-15% year over year), operating margin 19.1%, net earnings $3.0B. The chart follows the revenue to costs, profit and cash.
Questions
What is Unilever's operating margin?
Unilever's operating margin was 19.1% in H1 2026 (H1 2026), +2.0 pts from H2 2025.
How has Unilever's operating margin changed?
Over the last 3 quarters it ranged from 17.1% (H2 2025) to 19.1% (H1 2026).