The Procter & Gamble Company

PG
Sector

Consumer Staples

Industry

Household & Personal Products

Market Cap

$414.56B

Employees

108K

Company Overview

Procter & Gamble (P&G) is a leading multinational consumer goods company focused on providing trusted, branded products. Its primary revenue streams come from sales in approximately 180 countries and territories, with key markets including the US, China, and Europe. P&G's competitive advantages include strong brands, superior product quality, and efficient global operations.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Net sales increased 2% to $84.0 billion in fiscal year 2024, with pricing contributing 4% and unfavorable foreign exchange offsetting 2%. Organic sales growth, excluding acquisitions, divestitures, and foreign exchange, was 4%, indicating underlying strength despite external headwinds.

Operating margin remained flat at 22.1% of net sales. This stability is notable considering a 350 basis point increase in gross margin to 51.4%, which was offset by a 200 basis point increase in SG&A expenses.

Net earnings increased 2% to $15.0 billion, slightly outpacing revenue growth. However, this growth was partially offset by a $1.3 billion non-cash impairment charge on a Gillette intangible asset and incremental restructuring charges.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG Initiatives

3 Insights

Market Environment

3 Insights