PG Procter & Gamble margins

Relative Growth: Rel. Growth: 35

Relative Strength: Rel. Strength: 37

Relative Valuation: Rel. Valuation: 48

Relative Profitability: Rel. Profitability: 83

Gross margin

50.2%

Operating margin

22.7%

EBITDA margin

27.9%

Net margin

18.4%

For the latest period, Procter & Gamble has a gross margin of 50.2%, an operating margin of 22.7%, an EBITDA margin of 27.9%, and a net margin of 18.4%. Operating margin had the largest decline, falling by 1.6 percentage points, while the other available margins also weakened.

PG margin history

Gross, operating, EBITDA and net margin trends

Procter & Gamble's margins averaged 50.78% gross, 23.08% operating, 27.64% EBITDA, and 18.43% net during the last 3 years. Procter & Gamble's current metrics show that EBITDA margin is above its three-year average and gross, operating, and net margins are below their three-year averages.

PG margin expansion

Year-over-year margin changes in percentage points

Compared with last year, gross, operating, EBITDA, and net margins all declined, with operating margin showing the largest decrease at 1.6 percentage points.

Gross margin expansion

-1pp

Operating margin expansion

-1.6pp

EBITDA margin expansion

-0.4pp

Net margin expansion

-0.6pp

PG Gross margin

Procter & Gamble's gross margin averaged 50.78% during the last 3 years. The current gross margin stands at 50.2%, 0.6 percentage points below its three-year average. Over the last 3 years, Procter & Gamble's gross margin peaked at 51.4% in Sep 2024 and reached a low of 49.1% in Sep 2023.

PG Operating margin

Across the last 3 years, Procter & Gamble's operating margin averaged 23.08%. The current operating margin of 22.7% is 0.4 percentage points below its three-year average. Operating margin was highest at 24.3% in Jun 2025 and lowest at 22.1% in Jun 2024.

PG EBITDA margin

The average EBITDA margin for Procter & Gamble was 27.64% during the last 3 years. At present, the current EBITDA margin for Procter & Gamble is 27.9%, 0.3 percentage points above its three-year average. The EBITDA margin for Procter & Gamble moved between 26.1% in Sep 2024 and 29.1% in Sep 2025.

PG Net margin

The average net margin for Procter & Gamble was 18.43% during the last 3 years. Procter & Gamble currently reports a net margin of 18.4%, 0 percentage points below its three-year average. The net margin for Procter & Gamble moved between 17.1% in Sep 2024 and 19.7% in Sep 2025.

PG margin group comparison

Margins compared with peer-group, industry and sector averages

Procter & Gamble's gross margin of 50.2% is above the Consumer Defensive sector and its peers average but below the industry average. Compared to its Consumer Defensive sector average of 36.6%, Procter & Gamble's gross margin is 37% higher.

PG margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Procter & Gamble's gross margin?

The current gross margin for PG is 50.2% as of Jun 30, 2026.

What is Procter & Gamble's operating margin?

The current operating margin for PG is 22.7% as of Jun 30, 2026.

What is Procter & Gamble's EBITDA margin?

The current EBITDA margin for PG is 27.9% as of Jun 30, 2026.

What is Procter & Gamble's net margin?

As of Jun 30, 2026, PG has a net margin of 18.4%.

What are the average margins of PG?

Over the last 3 years, Procter & Gamble's margins averaged 50.8% gross, 23.1% operating, 27.6% EBITDA, and 18.4% net.

What are the highest historical margins of PG?

Over this 5-year history, PG peaked at 51.4% gross in Sep 2024, 24.3% operating in Jun 2025, 29.1% EBITDA in Sep 2025, and 19.7% net in Sep 2025.

What are the lowest historical margins of PG?

In the last 5 years, the lowest margins reported by PG were 46.6% gross in Dec 2022, 21.6% operating in Dec 2022, 25.8% EBITDA in Dec 2022, and 17.1% net in Sep 2024.