PROCTER & GAMBLE Co
Close on Nov 2, 2026Market cap $380.18BP/E 24.7Yield 2.60%
Procter & Gamble Core Gross Margin (Non-GAAP) by Year
Core Gross Margin (Non-GAAP) (%)
Procter & Gamble Core Gross Margin (Non-GAAP): 50.7% in FY2026, down 0.4 pts from a year earlier.
Where the FY2026 figure comes from
Source: FY2026Q4 Earnings Release (Form 8-K EX-99.1), filed 2026-07-29 ↗
Gross margin adjusted for incremental restructuring charges.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Core Gross Margin (Non-GAAP) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2026 | Jun 30, 2026 | 50.7% | -0.4 pts | FY2026Q4 Earnings Release (Form 8-K EX-99.1), filed 2026-07-29 ↗ |
| FY2025 | Jun 30, 2025 | 51.1% | -0.4 pts | FY2025Q4 Earnings Slides (Form 8-K), filed 2025-07-29 ↗ |
| FY2024 | Jun 30, 2024 | 51.5% | +3.6 pts | FY2024Q4 Earnings Release (Form 8-K EX-99.1), filed 2024-07-30 ↗ |
| FY2023 | Jun 30, 2023 | 47.9% | +0.5 pts | FY2023Q4 Earnings Release (Form 8-K EX-99.1), filed 2023-07-28 ↗ |
| FY2022 | Jun 30, 2022 | 47.4% | -3.8 pts | FY2022Q4 Earnings Release (Form 8-K EX-99.1), filed 2022-07-29 ↗ |
| FY2021 | Jun 30, 2021 | 51.2% | +0.2 pts | FY2021Q4 Earnings Release (Form 8-K EX-99.1), filed 2021-07-30 ↗ |
| FY2020 | Jun 30, 2020 | 51.0% | +1.7 pts | FY2020Q4 Earnings Release (Form 8-K EX-99.1), filed 2020-07-30 ↗ |
| FY2019 | Jun 30, 2019 | 49.3% | -0.5 pts | FY2019Q4 Earnings Release (Form 8-K EX-99.1), filed 2019-07-30 ↗ |
| FY2018 | Jun 30, 2018 | 49.8% | -1.0 pts | FY2018Q4 Earnings Release (Form 8-K EX-99.1), filed 2018-07-31 ↗ |
| FY2017 | Jun 30, 2017 | 50.8% | – | FY2017Q4 Earnings Release (Form 8-K EX-99.1), filed 2017-07-27 ↗ |
Breakdown
What makes up core Gross Margin (Non-GAAP)
- Currency-Neutral Core Gross Margin50.8% · FY2026
- Reported Gross Margin (GAAP)50.2% · FY2026
- Core Gross Margin YoY Change-40 · FY2026
- Currency-Neutral Core Gross Margin YoY Change-30 · FY2026
- Reported Gross Margin YoY Change-100 · FY2026
- Gross Margin Bridge: Manufacturing Productivity Savings–
- Gross Margin Bridge: Pricing Impact–
- Gross Margin Bridge: Commodity & Input Cost Impact–
- Gross Margin Bridge: Product & Packaging Mix Impact–
- Gross Margin Bridge: Product & Packaging Reinvestments–
Cite this data
StockData. (2026). Procter & Gamble Core Gross Margin (Non-GAAP) (%), annual FY2017–FY2026 [Data set]. Compiled from Procter & Gamble SEC filings and investor materials. https://stockdatahq.com/stocks/pg/kpis/core-gross-margin-pct
See every metric in the Procter & Gamble KPI table. Data updated Oct 26, 2026.