Procter & Gamble Company (PG)

Net profit margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Net income	US$ in thousands	14,879,000	14,653,000	14,742,000	14,306,000	13,027,000
Revenue	US$ in thousands	84,039,000	82,006,000	80,187,000	76,118,000	70,950,000
Net profit margin		17.70%	17.87%	18.38%	18.79%	18.36%

June 30, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $14,879,000K ÷ $84,039,000K
= 17.70%

The net profit margin of Procter & Gamble Company has shown a slightly decreasing trend over the past five years. It decreased from 18.36% in 2020 to 17.70% in 2024. This indicates that the company's profitability, in terms of percentage of revenue remaining as profit after all expenses are deducted, has slightly declined over the years. It is essential for the company to closely monitor and manage its expenses and revenue generation to ensure sustainable profitability in the future.