The purpose of this study was to determine the effect of company size, profitability, cash holding, debt to equity ratio, and net profit margin (NPM) on income smoothing. The population in this study includes all manufacturing companies in the consumer goods industry sector which are listed on the Indonesia Stock Exchange (IDX) for the 2014-2018 period. The sampling technique uses purposive sampling method. Based on established criteria, 19 companies were obtained. The type of data used is secondary data obtained from the Indonesia Stock Exchange (IDX) website. The analytical method used is logistic regression analysis. The results showed that partially, the size of the company that was proxies by size had a significant negative effect on income smoothing, profitability which was proxied by return on assets (ROA) and net profit margin did not have a negative effect on income smoothing, cash holding had a significant positive effect on income smoothing, While the debt to equity ratio does not have a positive effect on income smoothing. Abstrak Tujuan dari penelitian ini untuk mengetahui pengaruh ukuran perusahaan, profitabilitas, cash holding, debt to equity ratio dan net profit margin (NPM) terhadap perataan laba. Populasi dalam penelitian ini meliputi seluruh perusahaan manufaktur sektor industry barang konsumsi yang terdaftar di Bursa Efek Indonesia (BEI) periode 2014-2018. Teknik pengambilan sampel menggunakan metode purposive sampling. Berdasarkan kriteria yang telah ditetapkan, diperoleh 19 perusahaan. Jenis data yang digunakan adalah data sekunder yang diperoleh dari situs Bursa Efek Indonesia (BEI). Metode analisis data yang digunakan dalam penelitian ini adalah analisis regresi logistik. Hasil penelitian menunjukkan bahwa secara parsial, ukuran perusahaan yang diproksikan dengan size berpengaruh negatif signifikan terhadap perataan laba, profitabilitas yang diproksikan dengan return on asset (ROA) dan net profit margin tidak berpengaruh negatif terhadap perataan laba, cash holding berpengaruh positif signifikan terhadap perataan laba, Sedangkan debt to equity ratio tidak berpengaruh positif terhadap perataan laba.