Procter & Gamble (PG) Operating Margin (2009 - 2026)

Procter & Gamble (PG) reported Operating Margin of 21.55% for Q1 2026, down 150.0% year-over-year from 43.1% in Q1 2025, and down 10.81% quarter-over-quarter from 24.16% in Q4 2025.

Procter & Gamble (PG) Operating Margin (2009 - 2026) Analysis & Trends

Procter & Gamble (PG) has 18 years of Operating Margin data on file, last reported at 21.55% in Q1 2026.

  • Operating Margin for Q1 2026 came in at 21.55%, down 150.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.24% (down 57.0% YoY), and the FY2025 annual result was 24.26%, up 220.0% from the prior year.
  • Operating Margin slipped to 21.55% in Q1 2026 per PG's latest filing, from 24.16% in the prior quarter.
  • Over five years, Operating Margin peaked at 26.67% in Q3 2024 and troughed at 18.44% in Q2 2022.
  • A 5-year average of 22.61% and a median of 22.08% in 2024 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2023 and 2024: Operating Margin sank 236 bps in 2023, then surged 556 bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 23.03% in 2022, then retreated by 10 bps to 20.68% in 2023, then grew by 27 bps to 26.24% in 2024, then declined by 8 bps to 24.16% in 2025, then slipped by 11 bps to 21.55% in 2026.
  • Business Quant data shows PG's Operating Margin at 21.55% in Q1 2026, 24.16% in Q4 2025, and 26.16% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Tantech Holdings 611.49 Bn 611.46 Bn - -
2 Procter & Gamble 338.86 Bn 326.78 Bn 10.51 Bn 21.55%
3 Unilever 142.58 Bn 132.10 Bn - 8.80%
4 Colgate Palmolive 69.08 Bn 68.08 Bn 3.23 Bn 18.11%
5 Kenvue 33.68 Bn 33.57 Bn 2.30 Bn 19.62%
6 Kimberly Clark 32.46 Bn 32.04 Bn 1.53 Bn 18.09%
7 Estee Lauder Companies 30.67 Bn 27.54 Bn 2.84 Bn 6.71%
8 Church & Dwight 22.55 Bn 22.05 Bn 681.40 Mn 19.81%
9 Clorox 11.54 Bn 10.51 Bn 722.00 Mn 27.90%
10 e.l.f. Beauty 3.05 Bn 2.76 Bn 326.45 Mn -11.20%

Historic Data

Download Data
DateValue
Mar 31, 2026 21.55%
Dec 31, 2025 24.16%
Sep 30, 2025 26.16%
Jun 30, 2025 20.85%
Mar 31, 2025 23.05%
Dec 31, 2024 26.24%
Sep 30, 2024 26.67%
Jun 30, 2024 18.92%
Mar 31, 2024 22.08%
Dec 31, 2023 20.68%
Sep 30, 2023 26.37%
Jun 30, 2023 20.25%
Mar 31, 2023 21.17%
Dec 31, 2022 23.03%
Sep 30, 2022 23.96%
Jun 30, 2022 18.44%
Mar 31, 2022 20.76%
Dec 31, 2021 24.66%
Sep 30, 2021 24.70%
Jun 30, 2021 18.68%