Procter & Gamble Net Profit Margin Growth & History (PG)
Procter & Gamble's net profit margin was 18.44% for fiscal 2026.
View full Procter & Gamble company overviewProcter & Gamble annual net profit margin history
| Fiscal year | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-06-30 | 18.44% | −0.52 pp |
| 2025 | 2025-06-30 | 18.95% | +1.25 pp |
| 2024 | 2024-06-30 | 17.70% | −0.16 pp |
| 2023 | 2023-06-30 | 17.87% | −0.52 pp |
| 2022 | 2022-06-30 | 18.38% | −0.41 pp |
| 2021 | 2021-06-30 | 18.79% | +0.43 pp |
| 2020 | 2020-06-30 | 18.36% | +12.60 pp |
| 2019 | 2019-06-30 | 5.76% | −8.83 pp |
| 2018 | 2018-06-30 | 14.59% | −8.97 pp |
| 2017 | 2017-06-30 | 23.56% | +7.47 pp |
| 2016 | 2016-06-30 | 16.09% | +6.15 pp |
| 2015 | 2015-06-30 | 9.95% | −29.66 pp |
| 2014 | 2014-06-30 | 39.60% | +0.86 pp |
| 2013 | 2013-06-30 | 38.74% | +0.87 pp |
| 2012 | 2012-06-30 | 37.87% | +23.33 pp |
| 2011 | 2011-06-30 | 14.55% | −1.87 pp |
| 2010 | 2010-06-30 | 16.42% | −1.10 pp |
| 2009 | 2009-06-30 | 17.52% | +2.28 pp |
| 2008 | 2008-06-30 | 15.24% | — |
Procter & Gamble quarterly net profit margin
| Fiscal quarter | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-06-30 | 14.36% | −2.95 pp |
| Q3 2026 | 2026-03-31 | 18.52% | −0.54 pp |
| Q2 2026 | 2025-12-31 | 19.45% | −1.71 pp |
| Q1 2026 | 2025-09-30 | 21.22% | +3.01 pp |
| Q4 2025 | 2025-06-30 | 17.31% | +2.04 pp |
| Q3 2025 | 2025-03-31 | 19.06% | +0.47 pp |
| Q2 2025 | 2024-12-31 | 21.16% | +4.98 pp |
| Q1 2025 | 2024-09-30 | 18.21% | −2.46 pp |
| Q4 2024 | 2024-06-30 | 15.27% | −1.19 pp |
| Q3 2024 | 2024-03-31 | 18.59% | +1.66 pp |
| Q2 2024 | 2023-12-31 | 16.17% | −2.76 pp |
| Q1 2024 | 2023-09-30 | 20.67% | +1.56 pp |
| Q4 2023 | 2023-06-30 | 16.46% | +0.83 pp |
| Q3 2023 | 2023-03-31 | 16.93% | −0.38 pp |
| Q2 2023 | 2022-12-31 | 18.93% | −1.22 pp |
| Q1 2023 | 2022-09-30 | 19.11% | −1.11 pp |
| Q4 2022 | 2022-06-30 | 15.64% | +0.30 pp |
| Q3 2022 | 2022-03-31 | 17.31% | −0.74 pp |
| Q2 2022 | 2021-12-31 | 20.15% | +0.64 pp |
| Q1 2022 | 2021-09-30 | 20.22% | −1.92 pp |
| Q4 2021 | 2021-06-30 | 15.34% | −0.48 pp |
| Q3 2021 | 2021-03-31 | 18.05% | +1.11 pp |
| Q2 2021 | 2020-12-31 | 19.52% | −0.86 pp |
| Q1 2021 | 2020-09-30 | 22.14% | +1.95 pp |
| Q4 2020 | 2020-06-30 | 15.82% | +46.48 pp |
| Q3 2020 | 2020-03-31 | 16.95% | +0.27 pp |
| Q2 2020 | 2019-12-31 | 20.38% | +2.06 pp |
| Q1 2020 | 2019-09-30 | 20.19% | +1.02 pp |
| Q4 2019 | 2019-06-30 | −30.66% | −42.12 pp |
| Q3 2019 | 2019-03-31 | 16.67% | +1.25 pp |
| Q2 2019 | 2018-12-31 | 18.32% | +3.97 pp |
| Q1 2019 | 2018-09-30 | 19.17% | +2.04 pp |
| Q4 2018 | 2018-06-30 | 11.46% | −2.32 pp |
| Q3 2018 | 2018-03-31 | 15.42% | −0.74 pp |
| Q2 2018 | 2017-12-31 | 14.34% | −32.38 pp |
| Q1 2018 | 2017-09-30 | 17.13% | +0.70 pp |
| Q4 2017 | 2017-06-30 | 13.78% | +1.66 pp |
| Q3 2017 | 2017-03-31 | 16.16% | −1.29 pp |
| Q2 2017 | 2016-12-31 | 46.72% | +27.77 pp |
| Q1 2017 | 2016-09-30 | 16.43% | +0.69 pp |
| Q4 2016 | 2016-06-30 | 12.12% | +8.97 pp |
| Q3 2016 | 2016-03-31 | 17.45% | +4.74 pp |
| Q2 2016 | 2015-12-31 | 18.95% | +6.13 pp |
| Q1 2016 | 2015-09-30 | 15.74% | +5.14 pp |
| Q4 2015 | 2015-06-30 | 3.15% | — |
| Q3 2015 | 2015-03-31 | 12.72% | −0.57 pp |
| Q2 2015 | 2014-12-31 | 12.83% | −3.42 pp |
| Q1 2015 | 2014-09-30 | 10.60% | −3.93 pp |
| Q3 2014 | 2014-03-31 | 13.28% | +0.58 pp |
| Q2 2014 | 2013-12-31 | 16.25% | −2.42 pp |
| Q1 2014 | 2013-09-30 | 14.53% | +0.70 pp |
| Q4 2013 | 2013-06-30 | 9.24% | — |
| Q3 2013 | 2013-03-31 | 12.70% | +0.76 pp |
| Q2 2013 | 2012-12-31 | 18.66% | +10.89 pp |
| Q1 2013 | 2012-09-30 | 13.83% | −0.21 pp |
| Q3 2012 | 2012-03-31 | 11.94% | −2.50 pp |
| Q2 2012 | 2011-12-31 | 7.77% | −8.12 pp |
| Q1 2012 | 2011-09-30 | 14.05% | −1.53 pp |
| Q4 2011 | 2011-06-30 | 12.27% | — |
| Q3 2011 | 2011-03-31 | 14.44% | +0.96 pp |
| Q2 2011 | 2010-12-31 | 15.89% | −6.27 pp |
| Q1 2011 | 2010-09-30 | 15.57% | −1.12 pp |
| Q3 2010 | 2010-03-31 | 13.48% | −1.15 pp |
| Q2 2010 | 2009-12-31 | 22.16% | −3.16 pp |
| Q1 2010 | 2009-09-30 | 16.70% | +0.74 pp |
| Q4 2009 | 2009-06-30 | 13.66% | — |
| Q3 2009 | 2009-03-31 | 14.63% | — |
| Q2 2009 | 2008-12-31 | 25.32% | — |
| Q1 2009 | 2008-09-30 | 15.96% | — |
Procter & Gamble net profit margin trends
Over the last five fiscal years, Procter & Gamble's net profit margin decreased from 18.79% to 18.44%, a change of −0.36 percentage points. The latest reported quarter, Q4 2026, shows 14.36%.
What net profit margin means
Net profit margin measures the percentage of revenue remaining as net income after operating costs, interest, taxes, and other expenses. It shows how much bottom-line profit or loss a company generates from each dollar of revenue.
How net profit margin is calculated
TickerStat calculates net profit margin as SEC-reported net income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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P&G holds core earnings outlook despite larger commodity-cost burden
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