Procter & Gamble PG
NYSE PG
$145.56 -0.88 (-0.60%)
As of: Sep 8, 2026 · 3:59 PM EDT

Procter & Gamble (PG) Gross Margin (2009 - 2026)

Procter & Gamble's (PG) quarterly Gross Margin came in at 48.5% in Q2 2026, down 61.0% year-over-year from 124.36% in Q2 2025, and down 2.04% quarter-over-quarter from 49.51% in Q1 2026.

Analysis

Procter & Gamble (PG) Gross Margin (2009 - 2026) Analysis & Trends

Procter & Gamble (PG) has reported Gross Margin for 18 consecutive years, with 48.5% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 61.0% year-over-year to 48.5% in Q2 2026; TTM through Jun 2026 was 50.18%, a 98.0% decrease from a year earlier, with the FY2026 full-year figure at 50.18%, down 98.0% from the prior year.
  • Gross Margin was 48.5% for Q2 2026 at Procter & Gamble, down from 49.51% in the prior quarter.
  • Over five years, Gross Margin peaked at 52.69% in Q4 2023 and troughed at 44.65% in Q2 2022.
  • A 5-year average of 49.63% and a median of 49.55% in 2024 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin plunged 401 bps in 2022 and surged 515 bps in 2023, its largest moves.
  • Over 5 years, Gross Margin stood at 47.54% in 2022, then increased by 11 bps to 52.69% in 2023, then declined by 1 bps to 52.39% in 2024, then dropped by 2 bps to 51.22% in 2025, then fell by 5 bps to 48.5% in 2026.
  • The last three Gross Margin figures came in at 48.5% (Q2 2026), 49.51% (Q1 2026), and 51.22% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Procter & Gamble 340.14 Bn 330.19 Bn 10.28 Bn 48.50%
2 Church & Dwight 22.88 Bn 22.63 Bn 693.90 Mn 45.35%
3 Clorox 11.18 Bn 11.04 Bn 804.00 Mn 41.27%
4 Reynolds Consumer Products 4.62 Bn 4.55 Bn 245.00 Mn 25.95%
5 Wd 40 2.72 Bn 2.66 Bn 110.42 Mn 56.59%
6 Energizer Holdings 1.45 Bn 1.27 Bn 280.60 Mn 38.22%
7 Grove Collaborative Holdings 43.80 Mn 33.39 Mn 19.59 Mn 53.56%
8 CleanCore Solutions 33.33 Mn 16.28 Mn -419,259.00 -77.11%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 48.50%
Mar 31, 2026 49.51%
Dec 31, 2025 51.22%
Sep 30, 2025 51.37%
Jun 30, 2025 49.11%
Mar 31, 2025 50.98%
Dec 31, 2024 52.39%
Sep 30, 2024 52.06%
Jun 30, 2024 49.60%
Mar 31, 2024 51.20%
Dec 31, 2023 52.69%
Sep 30, 2023 51.99%
Jun 30, 2023 48.36%
Mar 31, 2023 48.16%
Dec 31, 2022 47.54%
Sep 30, 2022 47.38%
Jun 30, 2022 44.65%
Mar 31, 2022 46.72%
Dec 31, 2021 49.11%
Sep 30, 2021 49.04%