Procter & Gamble (PG) Net Margin (2009 - 2026)
Procter & Gamble's (PG) quarterly Net Margin came in at 18.6% in Q1 2026, down 58.0% year-on-year from 44.29% in Q1 2025, and down 4.62% on a QoQ basis from 19.5% in Q4 2025.
Procter & Gamble (PG) Net Margin (2009 - 2026) Analysis & Trends
Procter & Gamble (PG) has 18 years of Net Margin data on file, last reported at 18.6% in Q1 2026.
- On a quarterly basis, Net Margin fell 58.0% year-over-year to 18.6% in Q1 2026; TTM through Mar 2026 was 19.24%, a 68.0% increase from a year earlier, with the FY2025 full-year figure at 19.06%, up 124.0% from the prior year.
- Net Margin for Q1 2026 stood at 18.6%, down from 19.5% in the prior quarter.
- Over the last five years, Net Margin for PG reached as high as 21.36% in Q3 2025 and fell as low as 15.31% in Q2 2024.
- Historically, Net Margin has averaged 18.33% across 5 years, with a median of 18.6% in 2026.
- Across the five-year window, Net Margin plunged 277 bps in 2023 and soared 500 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 19.06% in 2022, then retreated by 15 bps to 16.29% in 2023, then soared by 31 bps to 21.29% in 2024, then slipped by 8 bps to 19.5% in 2025, then decreased by 5 bps to 18.6% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 18.6% in Q1 2026, 19.5% in Q4 2025, and 21.36% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 347.16 Bn | 334.85 Bn | 10.51 Bn | 18.60% |
| 2 | Unilever | 134.58 Bn | 124.10 Bn | - | 49.24% |
| 3 | Colgate Palmolive | 73.67 Bn | 72.34 Bn | 3.23 Bn | 12.79% |
| 4 | Kenvue | 37.39 Bn | 37.28 Bn | 2.30 Bn | 12.13% |
| 5 | Kimberly Clark | 37.01 Bn | 36.46 Bn | 1.53 Bn | 2.43% |
| 6 | Estee Lauder Companies | 29.89 Bn | 26.76 Bn | 2.84 Bn | 2.40% |
| 7 | Church & Dwight | 23.43 Bn | 22.93 Bn | 681.40 Mn | 14.72% |
| 8 | Clorox | 11.80 Bn | 10.61 Bn | 722.00 Mn | 11.44% |
| 9 | Yatsen Holding | 6.39 Bn | 6.25 Bn | 153.20 Mn | 0.58% |
| 10 | e.l.f. Beauty | 4.81 Bn | 4.52 Bn | 326.45 Mn | -10.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.60% |
| Dec 31, 2025 | 19.50% |
| Sep 30, 2025 | 21.36% |
| Jun 30, 2025 | 17.36% |
| Mar 31, 2025 | 19.18% |
| Dec 31, 2024 | 21.29% |
| Sep 30, 2024 | 18.35% |
| Jun 30, 2024 | 15.31% |
| Mar 31, 2024 | 18.72% |
| Dec 31, 2023 | 16.29% |
| Sep 30, 2023 | 20.83% |
| Jun 30, 2023 | 16.50% |
| Mar 31, 2023 | 17.06% |
| Dec 31, 2022 | 19.06% |
| Sep 30, 2022 | 19.23% |
| Jun 30, 2022 | 15.67% |
| Mar 31, 2022 | 17.37% |
| Dec 31, 2021 | 20.25% |
| Sep 30, 2021 | 20.29% |
| Jun 30, 2021 | 15.35% |