Procter & Gamble (PG) Net Margin (2009 - 2026)
Procter & Gamble's Net Margin was 20.33% in fiscal Q1 2027 (quarter ended Sep 30, 2026), down 0.89 percentage points from 21.22% a year earlier but up 5.97 percentage points from the prior quarter.
Procter & Gamble (PG) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Procter & Gamble's Net Margin was 18.23% through Sep 30, 2026, down 1.51 percentage points year-over-year; for FY2026 (ended Jun 30, 2026), it was 18.44%, down 0.52 percentage points from FY2025.
- Net Margin shows a five-year change of -0.36 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Net Margin was 18.95% in FY2025 (+1.25 pp), 17.70% in FY2024 (-0.16 pp), 17.87% in FY2023 (-0.52 pp) and 18.38% in FY2022 (-0.41 pp).
- Quarterly Net Margin has moved between 14.36% (fiscal Q4 2026) and 21.22% (fiscal Q1 2026) over five years.
- Compared with a year earlier, Net Margin has declined for four straight quarters, with an average year-over-year change of +0.55 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was fiscal Q2 2025 (a gain of 4.98 percentage points); the worst was fiscal Q4 2026 (a drop of 2.95 percentage points).
- Per Business Quant data, PG's Net Margin in the three fiscal quarters before Q1 2027 was 14.36% (Q4 2026), 18.52% (Q3 2026) and 19.45% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 384.13 Bn | 335.69 Bn | 11.60 Bn | 20.33% |
| 2 | Colgate Palmolive | 76.99 Bn | 71.47 Bn | 3.23 Bn | 13.99% |
| 3 | Estee Lauder Companies | 40.05 Bn | 27.14 Bn | 2.81 Bn | 6.27% |
| 4 | Kenvue | 37.02 Bn | 32.73 Bn | 2.31 Bn | 11.07% |
| 5 | Kimberly Clark | 36.07 Bn | 32.01 Bn | 1.44 Bn | 43.37% |
| 6 | Church & Dwight | 25.86 Bn | 24.25 Bn | 749.40 Mn | 13.25% |
| 7 | Clorox | 12.14 Bn | 10.40 Bn | 770.00 Mn | 8.92% |
| 8 | e.l.f. Beauty | 6.86 Bn | 5.68 Bn | 370.22 Mn | 5.77% |
| 9 | Reynolds Consumer Products | 5.08 Bn | 4.77 Bn | 236.00 Mn | 6.14% |
| 10 | Bath & Body Works | 4.61 Bn | 1.81 Bn | 692.00 Mn | 7.79% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.33% |
| Jun 30, 2026 | 14.36% |
| Mar 31, 2026 | 18.52% |
| Dec 31, 2025 | 19.45% |
| Sep 30, 2025 | 21.22% |
| Jun 30, 2025 | 17.31% |
| Mar 31, 2025 | 19.06% |
| Dec 31, 2024 | 21.16% |
| Sep 30, 2024 | 18.21% |
| Jun 30, 2024 | 15.28% |
| Mar 31, 2024 | 18.59% |
| Dec 31, 2023 | 16.17% |
| Sep 30, 2023 | 20.67% |
| Jun 30, 2023 | 16.46% |
| Mar 31, 2023 | 16.93% |
| Dec 31, 2022 | 18.93% |
| Sep 30, 2022 | 19.11% |
| Jun 30, 2022 | 15.64% |
| Mar 31, 2022 | 17.31% |
| Dec 31, 2021 | 20.15% |
Procter & Gamble Net 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=net-margin&ticker=PG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=PG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();