Procter & Gamble Company (PG)

Net profit margin

		Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Net income (ttm)	US$ in thousands	14,880,000	15,127,000	14,770,000	15,235,000	14,653,000	14,321,000	14,279,000	14,569,000	14,742,000	14,596,000	14,510,000	14,141,000	14,306,000	14,200,000	13,848,000	13,711,000	13,027,000	4,986,000	4,814,000	4,291,000
Revenue (ttm)	US$ in thousands	84,039,000	84,060,000	83,933,000	83,265,000	82,006,000	80,968,000	80,281,000	80,461,000	80,187,000	79,618,000	78,346,000	77,138,000	76,118,000	74,870,000	73,975,000	72,470,000	70,950,000	70,346,000	69,594,000	68,792,000
Net profit margin		17.71%	18.00%	17.60%	18.30%	17.87%	17.69%	17.79%	18.11%	18.38%	18.33%	18.52%	18.33%	18.79%	18.97%	18.72%	18.92%	18.36%	7.09%	6.92%	6.24%

June 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $14,880,000K ÷ $84,039,000K
= 17.71%

Procter & Gamble Company's net profit margin has shown a consistent trend of staying above 17% over the past few quarters, with some fluctuations. The net profit margin was highest at 18.97% in March 2021 and lowest at 6.24% in December 2019. In the most recent quarter, ending June 30, 2024, the net profit margin was reported at 17.71%.

The relatively high and stable net profit margin indicates that Procter & Gamble is effectively managing its costs and generating strong profits in relation to its revenue. However, analysts should closely monitor any fluctuations in the net profit margin as they could be indicative of changes in the company's financial performance or operating efficiency. Further analysis and comparison with industry benchmarks can provide additional insights into Procter & Gamble's financial health and competitive position.