diff -u b/core/modules/datetime/config/schema/datetime.schema.yml b/core/modules/datetime/config/schema/datetime.schema.yml
--- b/core/modules/datetime/config/schema/datetime.schema.yml
+++ b/core/modules/datetime/config/schema/datetime.schema.yml
@@ -89,15 +89,11 @@
 # Daterange field type.
 
 field.storage_settings.daterange:
-  type: mapping
+  type: field.storage_settings.datetime
   label: 'Date range settings'
-  mapping:
-    datetime_type:
-      type: string
-      label: 'Date type'
 
 field.field_settings.daterange:
-  type: mapping
+  type: field.field_settings.datetime
   label: 'Date range settings'
 
 field.value.daterange:
@@ -117,37 +113,17 @@
       type: string
       label: 'Default end date value'
 
-field.formatter.settings.daterange_base:
-  type: mapping
-  mapping:
-    separator:
-      type: string
-      label: 'Separator'
-    timezone_override:
-      type: string
-      label: 'Time zone override'
-
 field.formatter.settings.daterange_default:
-  type: field.formatter.settings.daterange_base
+  type: field.formatter.settings.datetime_default
   label: 'Date range default display format settings'
-  mapping:
-    format_type:
-      type: string
-      label: 'Date format'
 
 field.formatter.settings.daterange_plain:
-  type: field.formatter.settings.daterange_base
+  type: field.formatter.settings.datetime_plain
   label: 'Date range plain display format settings'
 
 field.formatter.settings.daterange_custom:
-  type: field.formatter.settings.daterange_base
+  type: field.formatter.settings.datetime_custom
   label: 'Date range custom display format settings'
-  mapping:
-    date_format:
-      type: string
-      label: 'Date/time format'
-      translatable: true
-      translation context: 'PHP date format'
 
 field.widget.settings.daterange_datelist:
   type: mapping
diff -u b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimeCustomFormatter.php b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimeCustomFormatter.php
--- b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimeCustomFormatter.php
+++ b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimeCustomFormatter.php
@@ -66,7 +66,8 @@
 
     $build = [
       '#plain_text' => $this->formatDate($date),
-    ] + $this->defaultCacheContext();
+    ];
+    $build['#cache']['contexts'][] = 'timezone';
 
     return $build;
   }
diff -u b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimeDefaultFormatter.php b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimeDefaultFormatter.php
--- b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimeDefaultFormatter.php
+++ b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimeDefaultFormatter.php
@@ -84,7 +84,8 @@
       '#attributes' => [
         'datetime' => $iso_date,
       ],
-    ] + $this->defaultCacheContext();
+    ];
+    $build['#cache']['contexts'][] = 'timezone';
 
     return $build;
   }
diff -u b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimeFormatterBase.php b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimeFormatterBase.php
--- b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimeFormatterBase.php
+++ b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimeFormatterBase.php
@@ -140,22 +140,6 @@
   abstract protected function buildDate($date);
 
   /**
-   * Returns the default cache context for the formatter.
-   *
-   * @return array
-   *   A render array.
-   */
-  protected function defaultCacheContext() {
-    return [
-      '#cache' => [
-        'contexts' => [
-          'timezone',
-        ],
-      ],
-    ];
-  }
-
-  /**
    * Sets the proper time zone on a DrupalDateTime object for the current user.
    *
    * A DrupalDateTime object loaded from the database will have the UTC time
diff -u b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimePlainFormatter.php b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimePlainFormatter.php
--- b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimePlainFormatter.php
+++ b/core/modules/datetime/src/Plugin/Field/FieldFormatter/DateTimePlainFormatter.php
@@ -55,7 +55,8 @@
 
     $build = [
       '#plain_text' => $this->formatDate($date),
-    ] + $this->defaultCacheContext();
+    ];
+    $build['#cache']['contexts'][] = 'timezone';
 
     return $build;
   }