Valuation, from the filing
| Public float | $333.00B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-12-31 |
|---|---|---|
| Float per share | $143.26 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 20.8× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 3.8× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 6.1× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-12-31, not today, and each multiple below it uses the figures for the fiscal year ending 2026-06-30 — the year that filing covered.
Valuation over time
20.8× earnings today, against a median of 23.3× across 9 years on record. Below its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-12-31 | $333.00B | 20.8× | |
| 2024-12-31 | $393.00B | 24.6× | |
| 2023-12-31 | $345.00B | 23.2× | |
| 2022-12-31 | $357.00B | 24.4× | |
| 2021-12-31 | $392.00B | 26.6× | |
| 2020-12-31 | $341.00B | 23.8× | |
| 2019-12-31 | $304.00B | 23.3× | |
| 2017-12-31 | $226.00B | 23.2× | |
| 2016-12-31 | $215.00B | 14.0× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| Net margin | 18.4% | 100th | |
| Operating margin | 22.7% | 100th | |
| FCF margin | 17.4% | 75th | |
| Gross margin | 50.2% | 75th | |
| R&D / revenue | 2.4% | 75th | |
| SBC / revenue | 0.6% | 25th | |
| Current ratio | 0.68x | 40th | |
| Revenue YoY growth | 3.3% | 60th | |
| CapEx / revenue | 5.1% | 50th |
PROCTER & GAMBLE Co (PG) reported revenue of $23.28B and net income of $4.73B for the fiscal year ended 2026-09-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from PROCTER & GAMBLE Co’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics.
Income
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.28B | $21.20B | $21.24B | $22.21B | $22.39B | $20.89B | $19.78B | $21.88B | $21.74B | $20.53B |
| Cost of revenue | $11.68B | $10.92B | $10.72B | $10.83B | $10.89B | $10.63B | $9.69B | $10.42B | $10.42B | $10.35B |
| Gross profit | $11.60B | $10.28B | $10.51B | $11.37B | $11.50B | $10.26B | $10.08B | $11.46B | $11.32B | $10.18B |
| Operating income | $5.94B | $3.95B | $4.58B | $5.37B | $5.86B | $4.36B | $4.56B | $5.74B | $5.80B | $3.88B |
| Net income | $4.73B | $3.04B | $3.93B | $4.32B | $4.75B | $3.62B | $3.77B | $4.63B | $3.96B | $3.14B |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 2.41B | Unavailable | shares 2.42B | shares 2.42B | shares 2.44B | Unavailable | shares 2.45B | shares 2.46B | shares 2.47B | Unavailable |
| Pretax income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Income tax expense | $1.27B | $852.00M | $1.04B | $1.09B | $1.25B | $895.00M | $868.00M | $1.19B | $1.15B | $726.00M |
| Diluted EPS | $1.97 | Unavailable | $1.63 | $1.78 | $1.95 | Unavailable | $1.54 | $1.88 | $1.61 | Unavailable |
| Selling, general & administrative | $5.66B | $6.33B | $5.94B | $6.01B | $5.64B | $5.90B | $5.52B | $5.72B | $5.52B | $6.30B |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total assets | $133.13B | $126.52B | $128.38B | $127.29B | $127.60B | $125.23B | $122.98B | $122.64B | $126.48B | $122.37B |
| Current assets | $32.51B | $26.21B | $27.99B | $26.59B | $27.12B | $25.39B | $24.44B | $25.64B | $27.45B | $24.71B |
| Total liabilities | $77.80B | $72.21B | $73.65B | $73.97B | $74.05B | $72.95B | $70.44B | $71.20B | $74.34B | $71.81B |
| Current liabilities | $45.00B | $38.69B | $38.24B | $36.70B | $38.00B | $36.06B | $34.25B | $33.80B | $36.42B | $33.63B |
| Total equity incl. NCI | $55.34B | $54.31B | $54.73B | $53.32B | $53.55B | $52.28B | $52.54B | $51.44B | $52.14B | $50.56B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $8.48B | $8.17B | $7.85B | $7.82B | $7.85B | $7.55B | $7.40B | $7.02B | $7.29B | $7.02B |
| Accounts receivable | $6.62B | $6.06B | $6.32B | $6.28B | $6.49B | $6.18B | $6.14B | $6.23B | $6.31B | $6.12B |
| Goodwill | $41.20B | $41.28B | $41.36B | $41.66B | $41.64B | $41.65B | $40.48B | $39.90B | $40.97B | $40.30B |
| Long-term debt | $21.90B | $22.84B | $23.85B | $25.58B | $24.32B | $25.00B | $24.25B | $25.26B | $25.74B | $25.27B |
| Accounts payable | $17.06B | $16.31B | $15.03B | $15.17B | $15.61B | $15.23B | $14.51B | $14.50B | $15.35B | $15.36B |
Cash flow
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5.77B | $5.13B | $4.04B | $4.97B | $5.41B | $4.98B | $3.70B | $4.82B | $4.30B | $5.75B |
| Capital expenditures | $1.37B | $1.02B | $1.02B | $1.17B | $1.20B | $996.00M | $859.00M | $925.00M | $993.00M | $783.00M |
| Investing cash flow | -$1.46B | -$1.20B | -$665.00M | -$1.23B | -$1.54B | -$1.06B | -$726.00M | -$921.00M | -$1.11B | -$518.00M |
| Financing cash flow | $1.14B | -$6.31B | -$1.83B | -$4.09B | -$2.24B | -$3.62B | -$4.22B | -$5.57B | -$634.00M | -$2.50B |
| Net change in cash | $5.42B | -$2.36B | $1.48B | -$346.00M | $1.62B | $440.00M | -$1.11B | -$1.93B | $2.68B | $2.65B |
| Stock-based compensation | $98.00M | $130.00M | $132.00M | $141.00M | $121.00M | $112.00M | $123.00M | $136.00M | $105.00M | $129.00M |
| Common dividends paid | $2.60B | $2.61B | $2.53B | $2.54B | $2.55B | $2.55B | $2.43B | $2.44B | $2.44B | $2.45B |
| Common share repurchases | $1.25B | $875.00M | $625.00M | $2.28B | $1.25B | $700.00M | $1.35B | $2.51B | $1.94B | $1.52B |
| Depreciation & amortization | $810.00M | $812.00M | $785.00M | $803.00M | $761.00M | $723.00M | $690.00M | $706.00M | $728.00M | $761.00M |
Derived
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $4.40B | $4.11B | $3.03B | $3.80B | $4.21B | $3.99B | $2.85B | $3.90B | $3.31B | $4.97B |
| Gross margin | 49.8% | 48.5% | 49.5% | 51.2% | 51.4% | 49.1% | 51.0% | 52.4% | 52.1% | 49.6% |
| Operating margin | 25.5% | 18.6% | 21.5% | 24.2% | 26.2% | 20.8% | 23.0% | 26.2% | 26.7% | 18.9% |
| FCF margin | 18.9% | 19.4% | 14.3% | 17.1% | 18.8% | 19.1% | 14.4% | 17.8% | 15.2% | 24.2% |
| SBC / revenue | 0.4% | 0.6% | 0.6% | 0.6% | 0.5% | 0.5% | 0.6% | 0.6% | 0.5% | 0.6% |
| Current ratio | 0.72x | 0.68x | 0.73x | 0.72x | 0.71x | 0.70x | 0.71x | 0.76x | 0.75x | 0.73x |
| Revenue YoY growth | 4.0% | 1.5% | 7.4% | 1.5% | 3.0% | 1.7% | -2.1% | 2.1% | -0.6% | -0.1% |
| Net margin | 20.3% | 14.4% | 18.5% | 19.4% | 21.2% | 17.3% | 19.1% | 21.2% | 18.2% | 15.3% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 5.9% | 4.8% | 4.8% | 5.3% | 5.4% | 4.8% | 4.3% | 4.2% | 4.6% | 3.8% |
| Long-term debt / equity | 0.40x | 0.42x | 0.44x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open PG in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.