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Procter & Gamble PG Operating margin

Operating margin at other companies

Colgate-Palmolive logo
Colgate-PalmoliveCL
14.9%-6.5pp
Kimberly-Clark logo
Kimberly-ClarkKMB
15.2%-1.0pp
Johnson & Johnson logo
Johnson & JohnsonJNJ
26.5%+2.8pp
Church & Dwight logo
Church & DwightCHD
17.5%+5.6pp
Scotts Miracle-Gro logo
Scotts Miracle-GroSMG
0.3%-0.2pp
Hain Celestial Group logo
Hain Celestial GroupHAIN
-27.5%

Other financials

Income statement

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Revenue$21.2B+1.5%
Gross profit$10.3B+0.2%
Operating income$3.9B-9.3%
Net income$3.0B-15.8%
EPS (diluted)$6.62+347%

Balance sheet

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Cash & equivalents$9.9B+4.0%
Total debt$22.8B-35.6%
Total assets$126.52B+1.0%

Cash flow

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Operating cash flow$5.1B+2.9%
CapEx$1.0B+2.7%
Free cash flow$4.1B+3.0%

Valuation

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Market cap$336.46B-4.7%
Enterprise value$349.36B-7.8%
P/E21×-1.1×
P/S3.9×-0.3×

Profitability

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Gross margin50.2%-1.0pp
Net margin18.4%-0.5pp
FCF margin17.4%+0.7pp

Returns & leverage

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Current ratio0.7×0.0×

Where this comes from

Calculated from Procter & Gamble’s reported figures.

Based on trailing twelve months.

The source filing: Procter & Gamble’s 8-K, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 7:03 AM EDT
Accession
0000080424-26-000093

FAQ

What is Procter & Gamble's operating margin?
Procter & Gamble (PG) reported operating margin of 22.7% in Q2 2026.
How has Procter & Gamble's operating margin changed year-over-year?
Procter & Gamble's operating margin decreased by 6.5% year-over-year, from 24.3% to 22.7%.
What is the long-term trend for Procter & Gamble's operating margin?
Over 5 years (2021 to 2026), Procter & Gamble's operating margin has grown at a -0.8% compound annual growth rate (CAGR), from 23.6% to 22.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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