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The Procter & Gamble Company (PG) Operating Margin: 24.26%

Is The Procter & Gamble Company’s operating margin high or low?

The Procter & Gamble Company's operating margin of 24.26% is in line with its 5-year average of 22.74%, near the high end of its 5-year range (22.07%–24.26%).

The operating margin for The Procter & Gamble Company (PG) is 24.26% as of Tuesday, June 9, 2026. It is above its 12-month average by 4.73% (23.16%).

PG Operating Margin Chart

PG Operating Margin
24.26%+9.92% 1Y
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PG Average Operating Margin Chart

PG Current vs Average Operating Margin Chart

PG Operating Margin Metrics

OPERATING MARGIN

24.26%

OPERATING MARGIN AVG TTM

23.16%

OPERATING MARGIN AVG 3Y

22.66%

OPERATING MARGIN AVG 5Y

22.74%

OPERATING MARGIN AVG 10Y

20.17%

OPERATING MARGIN AVG 15Y

19.57%

OPERATING MARGIN AVG 20Y

19.70%

CURRENT VS TTM AVG

+4.73%

CURRENT VS 3Y AVG

+7.05%

CURRENT VS 5Y AVG

+6.70%

CURRENT VS 10Y AVG

+20.27%

CURRENT VS 15Y AVG

+23.97%

CURRENT VS 20Y AVG

+23.17%

PG Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
The Procter & Gamble Company (PG)24.26%23.16%22.66%22.74%
The Coca-Cola Company (KO)$349.96B28.71%24.97%25.01%25.66%
PepsiCo, Inc. (PEP)$195.17B14.36%14.20%13.71%13.86%
Colgate-Palmolive Company (CL)$70.38B21.33%21.56%21.08%21.73%
Kimberly-Clark Corporation (KMB)$33.37B14.46%15.23%13.80%14.22%
Church & Dwight Co., Inc. (CHD)$22.99B17.37%15.30%14.93%16.93%

Operating Efficiency

Gross Margin

51.2%

Operating Margin

24.3%

The Procter & Gamble Company Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

The Procter & Gamble Company Operating Margin FAQ

What is the operating margin for The Procter & Gamble Company (PG)?
The operating margin for PG stock is 24.26%.
Is The Procter & Gamble Company's operating margin high or low?
The Procter & Gamble Company's operating margin of 24.26% is in line with its 5-year average of 22.74%, near the high end of its 5-year range (22.07%–24.26%).
What is the TTM average operating margin for The Procter & Gamble Company (PG)?
The TTM average operating margin for PG stock is 23.16%.
What is the 3Y average operating margin for The Procter & Gamble Company (PG)?
The 3Y average operating margin for PG stock is 22.66%.
What is the 5Y average operating margin for The Procter & Gamble Company (PG)?
The 5Y average operating margin for PG stock is 22.74%.
What is the 10Y average operating margin for The Procter & Gamble Company (PG)?
The 10Y average operating margin for PG stock is 20.17%.
What is the 15Y average operating margin for The Procter & Gamble Company (PG)?
The 15Y average operating margin for PG stock is 19.57%.
What is the 20Y average operating margin for The Procter & Gamble Company (PG)?
The 20Y average operating margin for PG stock is 19.70%.

The Procter & Gamble Company Operating Margin History

DATEOPERATING MARGIN
2025-06-3024.26%
2024-06-3022.07%
2023-06-3022.11%
2022-06-3022.21%
2021-06-3023.63%
2020-06-3022.14%
2019-06-308.11%
2018-06-3019.99%
2017-06-3021.16%
2016-06-3020.58%
2015-06-3015.62%
2014-06-3018.70%
2013-06-3017.25%
2012-06-3015.90%
2011-06-3019.11%
2010-06-3020.28%
2009-06-3021.73%
2008-06-3020.70%
2007-06-3020.20%
2006-06-3019.42%
2005-06-3018.45%
2004-06-3018.25%
2003-06-3018.10%
2002-06-3016.60%
2001-06-3012.07%
2000-06-3014.90%
1999-06-3016.40%
1998-06-3016.30%
1997-06-3015.35%
1996-06-3013.65%

About The Procter & Gamble Company

The Procter & Gamble Company, commonly referred to as P&G, is a global enterprise that supplies a broad spectrum of branded consumer products to markets worldwide. The company's operations are divided into five main business divisions: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers an assortment of hair care products, including conditioners, shampoos, styling aids, and treatments, under popular names like Head & Shoulders, Herbal Essences, Pantene, and Rejoice. It also features antiperspirants, deodorants, personal cleansing solutions, and skin care items from brands such as Olay, Old Spice, Safeguard, Secret, and SK-II. Within the Grooming division, P&G provides a range of shave care products and grooming appliances, prominently featuring brands like Braun, Gillette, and Venus. The Health Care unit encompasses oral hygiene essentials, including toothbrushes, toothpastes, and other dental care products sold under the Crest and Oral-B brand names. This segment further extends to gastrointestinal remedies, rapid diagnostics, respiratory care, vitamins/minerals/supplements, pain relief, and various other personal health care items from brands such as Metamucil, Neurobion, Pepto-Bismol, and Vicks. In the Fabric & Home Care category, consumers find fabric enhancers, laundry additives, and laundry detergents through labels like Ariel, Downy, Gain, and Tide. Additionally, this division offers air care products, dishwashing solutions, professional cleaning supplies (P&G Professional), and surface cleaners, exemplified by brands such as Cascade, Dawn, Fairy, Febreze, Mr. Clean, and Swiffer. Finally, the Baby, Feminine & Family Care segment provides infant care products, including baby wipes, taped diapers, and pants, under the Luvs and Pampers brands. It also supplies adult incontinence and feminine hygiene products from Always, Always Discreet, and Tampax, along with paper towels, tissues, and toilet paper marketed as Bounty, Charmin, and Puffs. P&G distributes its extensive product portfolio through a vast commercial network, including large retail chains, e-commerce platforms, grocery stores, membership clubs, pharmacies, department stores, various distributors, wholesalers, specialty beauty retailers, high-frequency stores, electronics outlets, and professional channels, as well as direct-to-consumer sales. The Procter & Gamble Company was established in 1837 and its corporate headquarters are located in Cincinnati, Ohio.

Cincinnati, OH
108,000 employees
Consumer Defensive / Household & Personal Products
Sector
Consumer Defensive
Industry
Household & Personal Products
CEO
Shailesh G. Jejurikar