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

Procter & Gamble (PG) reported Gross Margin of 49.51% for Q1 2026, down 147.0% year-over-year from 105.34% in Q1 2025, and down 3.33% quarter-over-quarter from 51.22% in Q4 2025.

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

Procter & Gamble (PG) has 18 years of Gross Margin data on file, last reported at 49.51% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 49.51%, down 147.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 50.33% (down 96.0% YoY), and the FY2025 annual result was 51.16%, down 23.0% from the prior year.
  • Gross Margin fell to 49.51% in Q1 2026 per PG's latest filing, from 51.22% 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 49.7% and a median of 49.6% in 2024 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 401 bps in 2022, then soared 515 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 47.54% in 2022, then rose by 11 bps to 52.69% in 2023, then fell by 1 bps to 52.39% in 2024, then declined by 2 bps to 51.22% in 2025, then slipped by 3 bps to 49.51% in 2026.
  • Business Quant data shows PG's Gross Margin at 49.51% in Q1 2026, 51.22% in Q4 2025, and 51.37% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Tantech Holdings 587.03 Bn 587.00 Bn - -
2 Procter & Gamble 346.82 Bn 334.74 Bn 10.51 Bn 49.51%
3 Unilever 145.94 Bn 135.46 Bn - -
4 Colgate Palmolive 70.39 Bn 69.40 Bn 3.23 Bn 60.59%
5 Kenvue 34.34 Bn 34.23 Bn 2.30 Bn 58.89%
6 Kimberly Clark 33.38 Bn 32.96 Bn 1.53 Bn 36.85%
7 Estee Lauder Companies 31.47 Bn 28.34 Bn 2.84 Bn 76.40%
8 Church & Dwight 22.92 Bn 22.42 Bn 681.40 Mn 46.38%
9 Clorox 11.90 Bn 10.87 Bn 722.00 Mn 43.23%
10 e.l.f. Beauty 3.24 Bn 2.95 Bn 326.45 Mn 72.66%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 48.32%