PROCTER & GAMBLE Co
Close on Nov 2, 2026Market cap $380.18BP/E 24.7Yield 2.60%
Procter & Gamble Gross Margin Bridge: Product & Packaging Mix Impact by Quarter
Gross Margin Bridge: Product & Packaging Mix Impact (bps)
Procter & Gamble Gross Margin Bridge: Product & Packaging Mix Impact: -50 bps in Q1 FY27, up 50 bps from a year earlier. That is the highest of the 21 quarters on record here.
Where the Q1 FY27 figure comes from
“Reported gross margin for the quarter decreased 160 basis points versus the prior year. Core gross margin and currency-neutral Core gross margin for the quarter decreased 150 basis points versus the prior year and excluded the impact from incremental restructuring charges. The decrease was driven by 140 basis points of higher costs from commodities, 140 basis points of product reinvestments, 50 ba”
Source: FY2027Q1 Earnings Release (Form 8-K EX-99.1), filed 2026-10-22 ↗
Reported in Form 8-K Earnings Releases.
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
Cite this data
StockData. (2026). Procter & Gamble Gross Margin Bridge: Product & Packaging Mix Impact (bps), quarterly Q4 FY16–Q1 FY27 [Data set]. Compiled from Procter & Gamble SEC filings and investor materials. https://stockdatahq.com/stocks/pg/kpis/gm-bridge-mix-bps
See every metric in the Procter & Gamble KPI table. Data updated Oct 26, 2026.