The Procter & Gamble Company (PG)

Sector: Consumer Staples|Industry: Household & Personal Products|Market Cap: $414.56B|Employees: 108K


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.

  1. Filings

Filing Highlights

Financial Performance

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

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG Initiatives

Market Environment