Procter & Gamble Company (PG)
Net profit margin
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 15,495,000 | 15,480,000 | 14,318,000 | 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 |
| Revenue (ttm) | US$ in thousands | 83,927,000 | 84,346,000 | 83,905,000 | 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 |
| Net profit margin | 18.46% | 18.35% | 17.06% | 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% |
March 31, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $15,495,000K ÷ $83,927,000K
= 18.46%
The Procter & Gamble Company’s net profit margin, based on the provided data, exhibits a generally stable trend with minor fluctuations over the analyzed periods from June 2020 to March 2025. Initially, the net profit margin was approximately 18.36% in June 2020, reaching a peak of around 18.97% in March 2021. Following this peak, a slight decline is observed, with the margin value decreasing gradually through subsequent quarters, reaching a low point of approximately 17.06% in September 2024.
Throughout the period, the net profit margin shows cyclical patterns of minor increases and decreases rather than abrupt shifts. The margin increases again to approximately 18.30% in September 2023 and remains relatively steady around 17.60% to 18.35% in subsequent periods, including the most recent quarter at March 2025, which reports a margin of approximately 18.46%.
Overall, the data indicates that P&G’s profitability, as measured by net profit margin, has maintained a relatively narrow range of approximately 17.06% to 18.97% over the observed period. This suggests a stable and consistent ability to convert revenue into net income, despite minor fluctuations likely attributable to seasonal factors, cost management strategies, or market conditions. The long-term stability of the margin underscores an effective management of expenses relative to revenues, supporting a resilient core profitability profile.