PG · NYSE · United States · Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics

PROCTER & GAMBLE Co

Cincinnati, OH · Fiscal year ends in June · Figures in USD

In shortPROCTER & GAMBLE Co is profitable, generates cash and carries moderate debt, with revenue growing (+3.3% last year).

Financial health

Strong

Built from five areas over the last five annual reports. Tap an area to see the figures behind it.

How is this score calculated? →

Profitability97

Operating marginShare of each sale left after running the business, before interest and tax.	22.7%	92/100
Net marginShare of each sale left as profit after every cost, interest and tax.	18.4%	94/100
Return on equityProfit earned on the money shareholders put in. Above 15% is strong.	30.1%	100/100
Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge.	17.7%	100/100

Weight in the score: 25%

Balance sheet70

Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash.	0.68×	0/100
Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted.	0.63×	76/100
Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable.	1.06×	84/100
Interest coverageHow many times operating profit covers interest. Below 2 is risky.	22.52×	100/100
Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress.	4.69	92/100

Weight in the score: 25%

Cash generation90

Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt.	17.4%	90/100
Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy.	0.94×	80/100
Years with positive free cash flow (last 5)	5 of 5	100/100

Weight in the score: 20%

Stability100
Profitable years (last 5) 5 of 5 100/100
Years of revenue decline (last 5) 0 of 5 100/100
Revenue growth volatility 1.8% 100/100
Operating margin volatility 0.9% 100/100
Weight in the score: 20%
Growth37
Revenue growth, 3-year average 2.0% 28/100
EPS growth, 3-year average 3.9% 45/100
Weight in the score: 10%

Profitable years (last 5)	5 of 5	100/100
Years of revenue decline (last 5)	0 of 5	100/100
Revenue growth volatility	1.8%	100/100
Operating margin volatility	0.9%	100/100

Revenue growth, 3-year average	2.0%	28/100
EPS growth, 3-year average	3.9%	45/100

Fiscal year 2026 · change vs prior year

Revenue: $87.0B; ▲ 3.3%
Net income: $16.0B; ▲ 0.5%
Free cash flow: $15.1B; ▲ 7.9%
Operating margin: 22.7%; −1.6 pts
Cash & investments: $9.9B; –
Total debt: $34.1B; ▼ 1.1%
Diluted EPS: $6.62; ▲ 1.7%
Return on equity: 30.1%; –

Trends

Annual figures as reported. Hover a bar or point for the exact value.

5 older years available with the 10-year history. Essential plan, from €8.25/month →

Revenue and net income

RevenueNet income

Margins

GrossOperatingNet

Free cash flow

Cash versus debt

Cash & investmentsTotal debt

Statements

The last 5 fiscal years from the company's annual reports.

USD millions; negative values in parentheses.

Fiscal year	FY22	FY23	FY24	FY25	FY26
Revenue	80,187	82,006	84,039	84,284	87,032
Cost of revenue	42,157	42,760	40,848	41,164	43,362
Gross profit	38,030	39,246	43,191	43,120	43,670
Research & development	2,000	2,000	2,000	2,100	2,100
Selling, general & admin	20,217	21,112	23,305	22,669	23,922
Operating income	17,813	18,134	18,545	20,451	19,748
Interest expense	439	756	925	907	877
Pre-tax income	17,995	18,353	18,761	20,167	20,377
Income tax	3,202	3,615	3,787	4,102	4,233
Net income	14,742	14,653	14,879	15,974	16,046
Diluted EPS	$5.81	$5.90	$6.02	$6.51	$6.62
Diluted shares (millions)	2,539	2,484	2,472	2,454	2,423

5 older years available with the 10-year history. Essential plan, from €8.25/month →

🔒 Export to Excel · Investor plan

Risk checks

Altman Z'' score

4.69 Safe zone

Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.

Piotroski F-score

6/9

Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.

Positive net income: passed
Positive operating cash flow: passed
Return on assets improved: failed
Cash flow exceeds net income: passed
Long-term debt ratio fell: passed
Current ratio improved: failed
No share dilution: passed
Gross margin improved: failed
Asset turnover improved: passed

Sources

10-QPeriod ending Sep 30, 2026Filed Oct 22, 2026Open the report ↗
10-KPeriod ending Jun 30, 2026Filed Aug 4, 2026Open the report ↗
10-QPeriod ending Mar 31, 2026Filed Apr 24, 2026Open the report ↗
10-QPeriod ending Dec 31, 2025Filed Jan 23, 2026Open the report ↗
10-QPeriod ending Sep 30, 2025Filed Oct 24, 2025Open the report ↗
10-KPeriod ending Jun 30, 2025Filed Aug 4, 2025Open the report ↗
10-QPeriod ending Mar 31, 2025Filed Apr 24, 2025Open the report ↗
10-QPeriod ending Dec 31, 2024Filed Jan 22, 2025Open the report ↗

All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works

Latest annual report: Sep 30, 2026 · Data updated Oct 22, 2026

Reading the annual reports…

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Operating marginShare of each sale left after running the business, before interest and tax.

22.7%

92/100

Net marginShare of each sale left as profit after every cost, interest and tax.

18.4%

94/100

Return on equityProfit earned on the money shareholders put in. Above 15% is strong.

30.1%

100/100

Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge.

17.7%

100/100

Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash.

0.68×

0/100

Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted.

0.63×

76/100

Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable.

1.06×

84/100

Interest coverageHow many times operating profit covers interest. Below 2 is risky.

22.52×

100/100

Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress.

4.69

92/100

Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt.

17.4%

90/100

Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy.

0.94×

80/100

Years with positive free cash flow (last 5)

5 of 5

100/100

Profitable years (last 5)	5 of 5	100/100
Years of revenue decline (last 5)	0 of 5	100/100
Revenue growth volatility	1.8%	100/100
Operating margin volatility	0.9%	100/100

Profitable years (last 5)

5 of 5

100/100

Years of revenue decline (last 5)

0 of 5

100/100

Revenue growth volatility

1.8%

100/100

Operating margin volatility

0.9%

100/100

Revenue growth, 3-year average	2.0%	28/100
EPS growth, 3-year average	3.9%	45/100

Revenue growth, 3-year average

2.0%

28/100

EPS growth, 3-year average

3.9%

45/100

Trends

Annual figures as reported. Hover a bar or point for the exact value.

Revenue and net income

RevenueNet income

Margins

GrossOperatingNet

Free cash flow

Cash versus debt

Cash & investmentsTotal debt

Statements

The last 5 fiscal years from the company's annual reports.

USD millions; negative values in parentheses.

Fiscal year	FY22	FY23	FY24	FY25	FY26
Revenue	80,187	82,006	84,039	84,284	87,032
Cost of revenue	42,157	42,760	40,848	41,164	43,362
Gross profit	38,030	39,246	43,191	43,120	43,670
Research & development	2,000	2,000	2,000	2,100	2,100
Selling, general & admin	20,217	21,112	23,305	22,669	23,922
Operating income	17,813	18,134	18,545	20,451	19,748
Interest expense	439	756	925	907	877
Pre-tax income	17,995	18,353	18,761	20,167	20,377
Income tax	3,202	3,615	3,787	4,102	4,233
Net income	14,742	14,653	14,879	15,974	16,046
Diluted EPS	$5.81	$5.90	$6.02	$6.51	$6.62
Diluted shares (millions)	2,539	2,484	2,472	2,454	2,423

Risk checks

Altman Z'' score

4.69 Safe zone

Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.

Piotroski F-score

6/9

Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.

Positive net income: passed
Positive operating cash flow: passed
Return on assets improved: failed
Cash flow exceeds net income: passed
Long-term debt ratio fell: passed
Current ratio improved: failed
No share dilution: passed
Gross margin improved: failed
Asset turnover improved: passed

Sources

10-QPeriod ending Sep 30, 2026Filed Oct 22, 2026Open the report ↗
10-KPeriod ending Jun 30, 2026Filed Aug 4, 2026Open the report ↗
10-QPeriod ending Mar 31, 2026Filed Apr 24, 2026Open the report ↗
10-QPeriod ending Dec 31, 2025Filed Jan 23, 2026Open the report ↗
10-QPeriod ending Sep 30, 2025Filed Oct 24, 2025Open the report ↗
10-KPeriod ending Jun 30, 2025Filed Aug 4, 2025Open the report ↗
10-QPeriod ending Mar 31, 2025Filed Apr 24, 2025Open the report ↗
10-QPeriod ending Dec 31, 2024Filed Jan 22, 2025Open the report ↗

All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works

Latest annual report: Sep 30, 2026 · Data updated Oct 22, 2026