Procter & Gamble (PG) Gross Margin (2009 - 2026)
Procter & Gamble's Gross Margin was 48.50% in fiscal Q4 2026 (quarter ended Jun 30, 2026), down 0.61 percentage points from 49.11% a year earlier and down 1.01 percentage points from the prior quarter.
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Analysis
Procter & Gamble (PG) Gross Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Gross Margin at Procter & Gamble came in at 50.18%, down 0.98 percentage points from FY2025.
- Gross Margin shows a five-year change of -1.07 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was 51.16% in FY2025 (-0.23 pp), 51.39% in FY2024 (+3.54 pp), 47.86% in FY2023 (+0.43 pp) and 47.43% in FY2022 (-3.82 pp).
- The fiscal Q4 2026 figure marks the lowest quarterly Gross Margin since fiscal Q4 2023.
- Compared with a year earlier, Gross Margin has declined for seven straight quarters, with an average year-over-year change of -0.61 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q2 2024 (a gain of 5.15 percentage points); the worst was fiscal Q2 2022 (a drop of 4.03 percentage points).
- Per Business Quant data, PG's Gross Margin in the three fiscal quarters before Q4 2026 was 49.51% (Q3 2026), 51.22% (Q2 2026) and 51.37% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 346.43 Bn | 302.42 Bn | 10.28 Bn | 48.50% |
| 2 | Colgate Palmolive | 69.04 Bn | 64.10 Bn | 3.30 Bn | 61.48% |
| 3 | Estee Lauder Companies | 34.63 Bn | 22.70 Bn | 2.74 Bn | 75.46% |
| 4 | Kenvue | 34.35 Bn | 29.97 Bn | 2.30 Bn | 58.18% |
| 5 | Kimberly Clark | 32.85 Bn | 30.17 Bn | 1.60 Bn | 38.27% |
| 6 | Church & Dwight | 22.69 Bn | 21.21 Bn | 693.90 Mn | 45.35% |
| 7 | Clorox | 9.84 Bn | 8.28 Bn | 804.00 Mn | 41.27% |
| 8 | e.l.f. Beauty | 6.00 Bn | 4.97 Bn | 398.84 Mn | 83.20% |
| 9 | Reynolds Consumer Products | 4.65 Bn | 4.32 Bn | 245.00 Mn | 25.95% |
| 10 | Interparfums | 3.78 Bn | 3.58 Bn | 223.53 Mn | 65.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
API Access
Procter & Gamble Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();