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
DateValue
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%