Procter & Gamble Company (PG)
Pretax margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 20,167,000 | 18,761,000 | 18,353,000 | 17,995,000 | 17,615,000 |
| Revenue | US$ in thousands | 84,284,000 | 84,039,000 | 82,006,000 | 80,187,000 | 76,118,000 |
| Pretax margin | 23.93% | 22.32% | 22.38% | 22.44% | 23.14% |
June 30, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $20,167,000K ÷ $84,284,000K
= 23.93%
The pretax margin for Procter & Gamble has exhibited a relatively stable trend over the observed period from June 30, 2021, through June 30, 2025. Specifically, the margin was 23.14% in 2021, which slightly declined to 22.44% in 2022 and further to 22.38% in 2023, with a continued marginal decrease to 22.32% in 2024. This indicates a consistent, albeit modest, compression in pretax profitability during this interval. However, a notable change occurs in 2025, when the pretax margin increases to 23.93%, surpassing the levels observed at the start of the period. Overall, despite minor fluctuations, the company's pretax margin remained within a relatively narrow range for most of the period, with the exception of the increase in 2025, suggesting an improvement in efficiency or profitability before tax. This progression reflects a trend towards stabilization and possible enhancement in operational or cost management strategies toward the end of the analyzed timeframe.