Procter & Gamble Company (PG)
Pretax margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 18,666,000 | 18,268,000 | 17,944,000 | 17,569,000 | 15,758,000 |
| Revenue | US$ in thousands | 84,039,000 | 82,006,000 | 80,187,000 | 76,118,000 | 70,950,000 |
| Pretax margin | 22.21% | 22.28% | 22.38% | 23.08% | 22.21% |
June 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $18,666,000K ÷ $84,039,000K
= 22.21%
The pretax margin of Procter & Gamble Company has remained relatively stable over the past five years, ranging from 22.21% to 23.08%. This indicates that the company has been effective in managing its expenses relative to its total revenue before taking into account taxes. The slight fluctuations in the pretax margin suggest that Procter & Gamble has been able to maintain consistent profitability levels despite changes in economic conditions or operational factors. Overall, the trend demonstrates the company's ability to generate profits efficiently prior to tax considerations.
Peer comparison
Jun 30, 2024
Company name
Symbol
Pretax margin
Procter & Gamble Company
PG
22.21%
Church & Dwight Company Inc
CHD
16.49%
Ecolab Inc
ECL
11.20%
Stepan Company
SCL
2.10%