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Makes household and personal-care brands including Tide, Pampers, Gillette and Crest, sold through global retail.
Makes household and personal-care brands including Tide, Pampers, Gillette and Crest, sold through global retail.
Sells everyday household and personal-care products through supermarkets, mass merchants and online retailers, priced above store brands thanks to branding and advertising, so a lot of spending goes to marketing and research. It pruned its portfolio around 2014-2016, selling beauty and battery brands, to focus on its largest brands.
Moat: wide (brand, scale, distribution). Portfolio of category-leading global brands with unmatched retail-shelf scale and marketing spend.
Headquarters: Cincinnati, Ohio, US · Founded: 1837 · Employees: 104,000
Size Procter & Gamble (PG) is a United States Consumer Staples company (Household/Personal Care) with a market value of $383B, the 26th largest of 3,117 United States companies the cockpit tracks. Shares closed at $165.40 on 6 Nov 2026.
Performance Over six months the shares gained 13.0%, against +16.2% for the median peer and -1.1% for the United States market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 3.5% over the last twelve months (peer median +3.5%); the operating margin is 23.7% (peer median 15.6%).
Valuation It trades at 23.4× forward earnings against a peer median of 26.0× (8th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -3 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 14.1 points above its cost of capital (6.5% WACC).
Credit Procter & Gamble has 46 bonds outstanding ($32.6B), rated AA- by the agencies and trading like AA+ at a weighted spread of 48 bp.
Short interest Short interest is 0.9% of the free float (15 Oct 2026).
Next results Next results expected around 20 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | $87.9B | $87.0B | $84.3B | $84.0B | $82.0B |
| Revenue growth | — | +3% | 0% | +2% | — |
| Gross profit | $44.4B | $44.3B | $43.3B | $43.4B | $39.4B |
| EBITDA | $24.0B | $23.9B | $23.6B | $23.1B | $21.1B |
| Net income | $16.0B | $16.0B | $16.0B | $14.9B | $14.7B |
| Free cash flow | $15.3B | $15.1B | $14.0B | $16.5B | $13.8B |
| Capital expenditure | $4.58B | $4.41B | $3.77B | $3.32B | $3.06B |
| Total debt | $38.9B | $35.0B | $35.5B | $33.4B | $35.4B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Procter & Gamble PG | $383B | +13% | +4% | 24% | 23.4× | -0.3% |
| Unilever ULVR.L | $143B | +15% | -20% | 20% | 18.4× | 8.0% |
| Colgate-Palmolive CL | $76.8B | +10% | +6% | 22% | 24.2× | -5.5% |
| Kimberly-Clark KMB | $66.5B | +12% | -12% | 14% | 15.3× | 4.1% |
| Church & Dwight CHD | $25.8B | +17% | +2% | 18% | 27.4× | 6.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PG | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +9.8% | +10.8% | 7th lowest of 21 |
| 6-month return | +13.0% | +16.2% | 8th lowest of 21 |
| Distance from 52-week high | -3.0% | -6.2% | 6th highest of 21 |
| Revenue growth (TTM) | +3.5% | +3.5% | 11th highest of 21 |
| Operating margin | 23.7% | 15.6% | 2nd highest of 21 |
| Forward P/E | 23.4× | 26.0× | 8th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -0.3% | 7.4% | 6th least demanding of 21 |
| Growth delivered (Del g) | +2.7% | +4.2% | 9th lowest of 21 |
| Hurdle (Req g minus delivered) | -3.0 pp | +7.1 pp | 6th least demanding of 21 |
| ROIC minus cost of capital | +14.1 pp | +6.2 pp | 4th highest of 21 |
| EV / EBITDA | 17.0× | 16.4× | 10th most expensive of 21 |
| Net debt / EBITDA | 1.0× | 1.4× | 8th least indebted of 21 |
| Bond spread | 48 bp | 67 bp | 2nd tightest of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Procter & Gamble PG | United States | $383B | +13% | +4% | 24% | 23.4× | -0.3% | +2.7% |
| L'Oreal OR.PA | France | $268B | +25% | +3% | 21% | 32.8× | 18.1% | +9.5% |
| Unilever ULVR.L | United Kingdom | $143B | +15% | -20% | 20% | 18.4× | 8.0% | -0.8% |
| Colgate-Palmolive CL | United States | $76.8B | +10% | +6% | 22% | 24.2× | -5.5% | +4.4% |
| Kimberly-Clark KMB | United States | $66.5B | +12% | -12% | 14% | 15.3× | 4.1% | -3.0% |
| Hindustan Unilever HINDUNILVR.NS | India | $49.6B | -12% | +6% | 21% | 41.5× | 27.2% | +6.5% |
| Reckitt Benckiser RKT.L | United Kingdom | $47.6B | +22% | -2% | 28% | 16.4× | 1.6% | +0.3% |
| Givaudan GIVN.SW | Switzerland | $45.8B | +47% | -2% | 18% | 34.0× | 10.6% | +3.4% |
| Estée Lauder Companies (The) EL | United States | $39.9B | +28% | +6% | 13% | 31.1× | 16.8% | -1.5% |
| DSM-Firmenich DSFIR.AS | Netherlands | $29.5B | +62% | -45% | 8% | 30.1× | 24.3% | +2.5% |
| Church & Dwight CHD | United States | $25.8B | +17% | +2% | 18% | 27.4× | 6.9% | +4.8% |
| Kao 4452.T | Japan | $21.8B | +33% | +6% | 10% | 24.4× | 1.5% | +4.1% |
| Beiersdorf BEI.DE | Germany | $20.4B | +21% | -2% | 12% | 22.6× | -2.3% | +7.0% |
| Essity ESSITY-A.ST | Sweden | $19.9B | +17% | -2% | 12% | 15.4× | -3.3% | +2.6% |
| Puig Brands PUIG.MC | Spain | $12.5B | +16% | +4% | 16% | 17.9× | -3.0% | +11.7% |
| Marico MARICO.NS | India | $12.3B | +8% | +20% | 16% | 51.8× | 28.0% | +11.1% |
| Unicharm 8113.T | Japan | $12.1B | +15% | 0% | 12% | 24.5× | -2.0% | +5.4% |
| Clorox CLX | United States | $12.1B | +8% | +6% | 14% | 17.4× | 2.7% | -1.8% |
| Shiseido 4911.T | Japan | $9.52B | +20% | +5% | 4% | 32.8× | 17.5% | +1.0% |
| Godrej Consumer Products GODREJCP.NS | India | $9.19B | -18% | +12% | 18% | 37.0× | 31.7% | +6.6% |
| Dabur India DABUR.NS | India | $7.13B | -19% | +9% | 15% | 32.1× | 27.3% | +6.6% |
Procter & Gamble has 46 bonds outstanding with $32.6B face value. The agencies rate it AA-; its bonds trade like AA+. Weighted yield 4.66%, a spread of 48 bp over government bonds.