Procter & Gamble CoHAM:PRG -2.11%83 Gross Margin % is 49.51% as of Mar. 2026, which is 0% below its 10-year median of 49.72. GuruFocus rates HAM:PRG with a GF Score™ of 83/100 and a GF Value™ of €148.94 (Modestly Undervalued). Among 1,902 Consumer Packaged Goods companies, Procter & Gamble Co ranks better than 84.7% on this metric.
The historical rank and industry rank for Procter & Gamble Co's Gross Margin % or its related term are showing as below:
HAM:PRG'
s Gross Margin % Range Over the Past 10 Years
Min: 47.43 Med: 49.72 Max: 51.39
Current: 50.33
During the past 13 years, the highestGross Margin % of Procter & Gamble Co was 51.39%. The lowest was 47.43%. And the median was 49.72%.
HAM:PRG's Gross Margin % is ranked better than 84.7% of 1902
companies
in the Consumer Packaged Goods industry
Industry Median: 26.37
vs HAM:PRG: 50.33
Procter & Gamble Co had a gross margin of 49.51% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Procter & Gamble Co was 0.30% per year.
Procter & Gamble Co (HAM:PRG) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Procter & Gamble Co had a gross margin of 49.51% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Procter & Gamble Co Gross Margin % Related Terms
Procter & Gamble Co Gross Margin % Historical Data
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The historical data trend for Procter & Gamble Co's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HAM:PRG vs CL, KVUE, KMB: Gross Margin % Comparison
For the Household & Personal Products subindustry, Procter & Gamble Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Procter & Gamble Co Gross Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Procter & Gamble Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Procter & Gamble Co's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Procter & Gamble Co (HAM:PRG) has a Gross Margin % of 49.51% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Procter & Gamble Co and its competitors. This is near median its historical median of 49.72. Over the past decade, Procter & Gamble Co's Gross Margin % has ranged from 47.43 to 51.39. According to the industry distribution chart, Procter & Gamble Co ranks #291 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 15.3%.
Is Procter & Gamble Co's Gross Margin % too high?
Procter & Gamble Co's current Gross Margin % of 49.51% is near median its 10-year median of 49.72. Over the past 10 years, this metric has ranged from a low of 47.43 to a high of 51.39. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Procter & Gamble Co's value of 49.51% is 87.8% above this industry median. Based on the distribution chart, Procter & Gamble Co ranks #291 out of 1902 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Procter & Gamble Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Procter & Gamble Co's Gross Margin % compare to CL and KVUE?
According to the Consumer Packaged Goods industry distribution chart, Procter & Gamble Co ranks #291 out of 1902 companies for Gross Margin %. This places Procter & Gamble Co in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.37. Procter & Gamble Co's value of 49.51% is 87.8% above this benchmark. Historically, Procter & Gamble Co's own Gross Margin % has ranged from 47.43 to 51.39 over the past decade. While the company's 10-year median is 49.72 vs. the industry median of 26.37, Procter & Gamble Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,902 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Procter & Gamble Co's current Gross Margin % of 49.51% is 87.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Procter & Gamble Co and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Procter & Gamble Co's current Gross Margin % is 49.51%, which is near median its own 10-year median of 49.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Procter & Gamble Co stock overvalued right now?
Based on GuruFocus' analysis, Procter & Gamble Co (HAM:PRG) is currently considered Modestly Undervalued. The stock's GF Value™ is €148.94, compared to a current price of €131.68 — trading 11.6% below its estimated fair value. The current Gross Margin % is 49.51%, which is near median its 10-year median of 49.72 and 87.8% above the Consumer Packaged Goods industry median of 26.37. Procter & Gamble Co's overall GF Score™ is 83/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Procter & Gamble Co (HAM:PRG), the current Gross Margin % is 49.51% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Procter & Gamble Co (HAM:PRG) Overvalued in 2026?
Based on GuruFocus' analysis, Procter & Gamble Co stock appears to be undervalued.
The current stock price of €131.68 is trading 11.6% below its estimated GF Value™ of €148.94.
GuruFocus considers Procter & Gamble Co to be Modestly Undervalued.
Key valuation signals for HAM:PRG:
Gross Margin %: 49.51% (near median its 10-year median of 49.72)
GF Value™: €148.94 vs. price of €131.68 (11.6% below fair value)
Industry Position: 87.8% above the Consumer Packaged Goods median (#291 of 1902)
No single metric tells the full story. See the HAM:PRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, with annual sales of nearly $85 billion. It operates with a lineup of leading brands, including more than 20 that generate annual global sales of more than $1 billion each, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. Sales outside its home turf represent just more than half of the firm's consolidated total.
83GF Score
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