SuperworthProcter & Gamble profit margin PG
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 18.2%
- Operating margin, 12 months
- 22.6%
- Net margin on a year earlier
- −1.5 pts
- Peer median
- 9.7%
Over the twelve months to Sep 30, 2026, Procter & Gamble kept 18.2% of its revenue as net profit, with an operating margin of 22.6%.
Five years earlier its net margin was 18.3%.
The median for 3 household and personal products stocks of a similar size is 9.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 18.4% | 22.7% | 50.2% |
| FY2025 | 19.0% | 24.3% | 51.2% |
| FY2024 | 17.7% | 22.1% | 51.4% |
| FY2023 | 17.9% | 22.1% | 47.9% |
| FY2022 | 18.4% | 22.2% | 47.4% |
| FY2021 | 18.8% | 23.6% | 51.2% |
| FY2020 | 18.4% | 22.1% | 50.3% |
| FY2019 | 5.8% | 8.1% | 48.6% |
| FY2018 | 14.6% | 20.0% | 48.5% |
| FY2017 | 23.6% | 21.5% | 50.0% |
| FY2016 | 16.1% | 20.6% | 49.6% |
| FY2015 | 9.9% | 15.6% | 47.6% |
| FY2014 | 14.5% | 18.3% | 49.2% |
| FY2013 | 13.7% | 17.4% | 50.5% |
| FY2012 | 12.9% | 15.9% | 49.3% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q1 FY27 | 18.2% | −1.5 pts | 22.6% | |
| Q4 FY26 | 18.4% | −0.5 pts | 22.7% | |
| Q3 FY26 | 19.2% | +0.7 pts | 23.2% | |
| Q2 FY26 | 19.3% | +0.9 pts | 23.6% | |
| Q1 FY26 | 19.7% | +2.7 pts | 24.1% | |
| Q4 FY25 | 19.0% | +1.2 pts | 24.3% | |
| Q3 FY25 | 18.5% | +0.5 pts | 23.8% | |
| Q2 FY25 | 18.4% | +0.8 pts | 23.6% | |
| Q1 FY25 | 17.1% | −1.2 pts | 22.1% | |
| Q4 FY24 | 17.7% | −0.2 pts | 22.1% | |
| Q3 FY24 | 18.0% | +0.3 pts | 22.4% | |
| Q2 FY24 | 17.6% | −0.2 pts | 22.2% |
Against its peers
Companies in Household & Personal Products nearest Procter & Gamble's size, closest first, today.
| Company | Profit margin |
|---|---|
| PGProcter & Gamble | 18.2% |
| CLColgate-Palmolive | 9.7% |
| ELEstée Lauder Companies | 1.2% |
| KVUEKenvue | 10.8% |
| Peer median | 9.7% |
Where Procter & Gamble ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Procter & Gamble
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.