Procter & Gamble (PG) Net Margin (2009 - 2026)
Procter & Gamble (PG) reported Net Margin of 18.6% for Q1 2026, down 58.0% year-over-year from 44.29% in Q1 2025, and down 4.62% quarter-over-quarter 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.
- Net Margin for Q1 2026 came in at 18.6%, down 58.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.24% (up 68.0% YoY), and the FY2025 annual result was 19.06%, up 124.0% from the prior year.
- Net Margin slipped to 18.6% in Q1 2026 per PG's latest filing, from 19.5% in the prior quarter.
- Over five years, Net Margin peaked at 21.36% in Q3 2025 and troughed at 15.31% in Q2 2024.
- A 5-year average of 18.33% and a median of 18.6% in 2026 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2024: Net Margin slumped 277 bps in 2023, then surged 500 bps in 2024.
- A 5-year view of Net Margin shows it stood at 19.06% in 2022, then dropped by 15 bps to 16.29% in 2023, then soared by 31 bps to 21.29% in 2024, then fell by 8 bps to 19.5% in 2025, then declined by 5 bps to 18.6% in 2026.
- Business Quant data shows PG's Net Margin at 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 | Tantech Holdings | 587.03 Bn | 587.00 Bn | - | - |
| 2 | Procter & Gamble | 346.82 Bn | 334.74 Bn | 10.51 Bn | 18.60% |
| 3 | Unilever | 145.94 Bn | 135.46 Bn | - | 5.53% |
| 4 | Colgate Palmolive | 70.39 Bn | 69.40 Bn | 3.23 Bn | 12.79% |
| 5 | Kenvue | 34.34 Bn | 34.23 Bn | 2.30 Bn | 12.13% |
| 6 | Kimberly Clark | 33.38 Bn | 32.96 Bn | 1.53 Bn | -0.41% |
| 7 | Estee Lauder Companies | 31.47 Bn | 28.34 Bn | 2.84 Bn | 2.40% |
| 8 | Church & Dwight | 22.92 Bn | 22.42 Bn | 681.40 Mn | 14.72% |
| 9 | Clorox | 11.90 Bn | 10.87 Bn | 722.00 Mn | 11.44% |
| 10 | e.l.f. Beauty | 3.24 Bn | 2.95 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% |