Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 48.50% is in line with its 5-year average of 49.52%, around the middle of its 5-year range (44.65%–52.69%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.89% below its 12-month average of 49.94%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
48.50%
GROSS MARGIN AVG TTM
49.94%
GROSS MARGIN AVG 3Y
50.69%
GROSS MARGIN AVG 5Y
49.52%
GROSS MARGIN AVG 10Y
49.61%
GROSS MARGIN AVG 15Y
49.53%
GROSS MARGIN AVG 20Y
49.90%
CURRENT VS TTM AVG
-2.89%
CURRENT VS 3Y AVG
-4.32%
CURRENT VS 5Y AVG
-2.06%
CURRENT VS 10Y AVG
-2.25%
CURRENT VS 15Y AVG
-2.08%
CURRENT VS 20Y AVG
-2.82%
SECTOR MEDIAN · CONSUMER DEFENSIVE
35.73%
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+35.73%
vs the sector median at left
The Procter & Gamble Company
Market Cap
$344.65B
Gross Margin
48.50%
TTM Avg
49.94%
3Y Avg
50.69%
5Y Avg
49.52%
Market Cap
$373.71B
Gross Margin
61.89%
TTM Avg
61.34%
3Y Avg
60.09%
5Y Avg
59.99%
Market Cap
$71.92B
Gross Margin
60.42%
TTM Avg
60.17%
3Y Avg
58.66%
5Y Avg
59.01%
Market Cap
$35.70B
Gross Margin
35.86%
TTM Avg
35.70%
3Y Avg
34.16%
5Y Avg
33.85%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Procter & Gamble Company (PG) | $344.65B | 48.50% | 49.94% | 50.69% | 49.52% |
| The Coca-Cola Company (KO)vs › | $373.71B | 61.89% | 61.34% | 60.09% | 59.99% |
| PepsiCo, Inc. (PEP)vs › | $190.75B | 53.96% | 54.35% | 53.99% | 54.02% |
| Colgate-Palmolive Company (CL)vs › | $71.92B | 60.42% | 60.17% | 58.66% | 59.01% |
| Kimberly-Clark Corporation (KMB)vs › | $35.70B | 35.86% | 35.70% | 34.16% | 33.85% |
| Church & Dwight Co., Inc. (CHD)vs › | $23.70B | 45.65% | 45.21% | 44.10% | 44.21% |
Gross Margin
48.5%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 48.50% |
| 2026-03-31 | 49.51% |
| 2025-12-31 | 51.22% |
| 2025-09-30 | 51.37% |
| 2025-06-30 | 49.11% |
| 2025-03-31 | 50.98% |
| 2024-12-31 | 52.39% |
| 2024-09-30 | 52.06% |
| 2024-06-30 | 49.60% |
| 2024-03-31 | 51.20% |
| 2023-12-31 | 52.69% |
| 2023-09-30 | 51.99% |
| 2023-06-30 | 48.36% |
| 2023-03-31 | 48.16% |
| 2022-12-31 | 47.54% |
| 2022-09-30 | 47.38% |
| 2022-06-30 | 44.65% |
| 2022-03-31 | 46.72% |
| 2021-12-31 | 49.11% |
| 2021-09-30 | 49.04% |
| 2021-06-30 | 48.32% |
| 2021-03-31 | 50.73% |
| 2020-12-31 | 53.14% |
| 2020-09-30 | 52.68% |
| 2020-06-30 | 49.47% |
| 2020-03-31 | 49.37% |
| 2019-12-31 | 51.38% |
| 2019-09-30 | 50.99% |
| 2019-06-30 | 47.71% |
| 2019-03-31 | 48.81% |
| 2018-12-31 | 48.85% |
| 2018-09-30 | 49.17% |
| 2018-06-30 | 45.29% |
| 2018-03-31 | 48.50% |
| 2017-12-31 | 49.93% |
| 2017-09-30 | 50.35% |
| 2017-06-30 | 48.39% |
| 2017-03-31 | 49.79% |
| 2016-12-31 | 50.77% |
| 2016-09-30 | 50.95% |
| 2016-06-30 | 47.94% |
| 2016-03-31 | 49.76% |
| 2015-12-31 | 49.99% |
| 2015-09-30 | 50.67% |
| 2015-06-30 | 47.97% |
| 2015-03-31 | 47.27% |
| 2014-12-31 | 48.32% |
| 2014-09-30 | 48.14% |
| 2014-06-30 | 47.84% |
| 2014-03-31 | 48.88% |
| 2013-12-31 | 50.36% |
| 2013-09-30 | 49.24% |
| 2013-06-30 | 47.45% |
| 2013-03-31 | 49.78% |
| 2012-12-31 | 50.94% |
| 2012-09-30 | 50.09% |
| 2012-06-30 | 48.07% |
| 2012-03-31 | 49.31% |
| 2011-12-31 | 50.10% |
| 2011-09-30 | 49.81% |
| 2011-06-30 | 48.29% |
| 2011-03-31 | 50.79% |
| 2010-12-31 | 51.81% |
| 2010-09-30 | 51.85% |
| 2010-06-30 | 49.49% |
| 2010-03-31 | 51.90% |
| 2009-12-31 | 53.70% |
| 2009-09-30 | 52.55% |
| 2009-06-30 | 50.34% |
| 2009-03-31 | 48.96% |
| 2008-12-31 | 50.42% |
| 2008-09-30 | 49.68% |
| 2008-06-30 | 49.18% |
| 2008-03-31 | 51.67% |
| 2007-12-31 | 52.33% |
| 2007-09-30 | 52.87% |
| 2007-06-30 | 50.83% |
| 2007-03-31 | 51.55% |
| 2006-12-31 | 52.92% |
| 2006-09-30 | 52.81% |
| 2006-06-30 | 50.15% |
| 2006-03-31 | 51.65% |
| 2005-12-31 | 52.38% |
| 2005-09-30 | 51.61% |
| 2005-06-30 | 48.88% |
| 2005-03-31 | 50.62% |
| 2004-12-31 | 52.46% |
| 2004-09-30 | 51.81% |
| 2004-06-30 | 50.02% |
| 2004-03-31 | 50.92% |
| 2003-12-31 | 52.17% |
| 2003-09-30 | 51.79% |
| 2003-06-30 | 47.18% |
| 2003-03-31 | 49.38% |
| 2002-12-31 | 50.11% |
| 2002-09-30 | 49.16% |
