Procter & Gamble Company (PG)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 18,545,000 | 18,134,000 | 17,813,000 | 17,986,000 | 15,706,000 |
| Revenue | US$ in thousands | 84,039,000 | 82,006,000 | 80,187,000 | 76,118,000 | 70,950,000 |
| Operating profit margin | 22.07% | 22.11% | 22.21% | 23.63% | 22.14% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $18,545,000K ÷ $84,039,000K
= 22.07%
The operating profit margin of Procter & Gamble Company has been relatively stable over the past five years. It ranged from 22.07% to 23.63% during this period, with a peak in 2021. The slight decrease in the operating profit margin in 2024 compared to the prior years may indicate some pressure on the company's ability to control operating expenses or generate higher revenues. However, Procter & Gamble continues to maintain a healthy operating profit margin overall, reflecting efficient cost management and profitability in its operations. It is important for the company to closely monitor its operating expenses and revenue-generating strategies to sustain and potentially improve its operating profit margin in the future.
Peer comparison
Jun 30, 2024