Procter & Gamble Company (PG)
Gross profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 17,548,000 | 17,478,000 | 17,248,000 | 17,338,000 | 14,564,000 |
| Revenue | US$ in thousands | 84,039,000 | 82,006,000 | 80,187,000 | 76,118,000 | 70,950,000 |
| Gross profit margin | 20.88% | 21.31% | 21.51% | 22.78% | 20.53% |
June 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $17,548,000K ÷ $84,039,000K
= 20.88%
The gross profit margin of Procter & Gamble Company has exhibited a slight decline over the past five years. From June 30, 2020, to June 30, 2021, there was a significant decrease in the gross profit margin from 22.78% to 20.53%. However, the margin showed a modest recovery in subsequent years, reaching 21.51% by June 30, 2022. Nevertheless, there was a slight dip again in the most recent year, with the gross profit margin standing at 20.88% as of June 30, 2024. This trend indicates some fluctuations in the company's ability to generate profit from its core business operations over the period under review. Further analysis would be needed to assess the underlying factors contributing to these fluctuations and to evaluate the company's overall financial performance.
Peer comparison
Jun 30, 2024