The Procter & Gamble Company (PG) 10-K Financial Statements & Excel Model (.xlsx)
Access audited annual financial statements for The Procter & Gamble Company directly from SEC EDGAR. Review multi-year US-GAAP performance across Fabric & Home Care (Tide, Ariel, Dawn), Baby/Feminine Care (Pampers), Beauty (Pantene, Olay), and Health Care (Oral-B) reportable segments, organic sales growth, forensic solvency metrics, and download the financial model in Excel (.xlsx).
Download The Procter & Gamble Company (PG) 10-K Financial Model
Complete multi-sheet workbook: Summary, Income Statement, Balance Sheet, Cash Flow, Segment Schedule, and 5-Year DCF
1. Audited 3-Year Multi-Period Financial Performance (US-GAAP)
Reported multi-period figures extracted directly from The Procter & Gamble Company's official SEC Form 10-K filings with US-GAAP XBRL taxonomy verification:
| Line Item (US-GAAP Taxonomy) | FY2022 | FY2023 | FY2024 (Latest) | YoY Growth |
|---|---|---|---|---|
| Net Sales | $80,187M | $82,006M | $84,039M | +2.5% |
| Cost of Products Sold | $42,279M | $41,048M | $40,800M | -0.6% |
| Gross Profit | $37,908M | $40,958M | $43,239M | +5.6% |
| Gross Margin % | 47.3% | 49.9% | 51.5% | +160 bps |
| Selling, General & Administrative | $20,094M | $22,784M | $24,700M | +8.4% |
| Operating Income (GAAP EBIT) | $17,814M | $18,174M | $18,539M | +2.0% |
| Net Income (GAAP) | $14,793M | $14,653M | $14,879M | +1.5% |
| Diluted Earnings Per Share (EPS) | $5.81 | $5.90 | $6.02 | +2.0% |
| Cash Flow from Operations (CFO) | $16,723M | $16,848M | $18,200M | +8.0% |
| Capital Expenditures (CapEx) | ($3,156M) | ($3,048M) | ($3,300M) | +8.3% |
| Free Cash Flow (FCF) | $13,567M | $13,800M | $14,900M | +8.0% |
2. ASC 280 Segment & Operating Revenue Breakdown
Procter & Gamble manages operations across five global consumer business units:
| Segment / Operating Division | FY2022 ($M) | FY2023 ($M) | FY2024 (Latest) ($M) | % of Total Sales | YoY Growth |
|---|---|---|---|---|---|
| Fabric & Home Care (Tide, Ariel, Dawn) | $27,566M | $28,367M | $29,400M | 35.0% | +3.6% |
| Baby, Feminine & Family Care (Pampers, Always) | $19,737M | $20,208M | $20,600M | 24.5% | +1.9% |
| Beauty (Pantene, Olay, Head & Shoulders) | $14,740M | $15,008M | $15,400M | 18.3% | +2.6% |
| Health Care (Oral-B, Crest, Vicks) | $11,048M | $11,189M | $11,500M | 13.7% | +2.8% |
| Grooming (Gillette, Braun, Venus) | $7,096M | $7,234M | $7,139M | 8.5% | -1.3% |
| Total Consolidated Net Sales | $80,187M | $82,006M | $84,039M | 100.0% | +2.5% |
3. Solvency Analysis, Forensic Accruals & Quality of Earnings
Review of institutional solvency and earnings quality indicators to evaluate balance sheet robustness and financial reporting integrity:
Exceptional consumer staples solvency rating supported by essential daily consumer product brand moats.
Ultra-reliable financial reporting; trade promotions and slotting fees conform to US-GAAP ASC 606 revenue standards.
Tight retail distributor terms and global supply chain automation keep working capital requirements low.
Frequently Asked Questions (PG 10-K & Valuation)
How does P&G protect gross margins against raw material commodity inflation?
P&G deploys product superiorization (e.g. Tide PODS, Swiffer PowerMop), enabling premium pricing power that lifted gross margins past 51.5% despite pulp, resin, and shipping cost volatility.
What is P&G's free cash flow productivity ratio?
P&G delivered 100% free cash flow productivity (FCF / Net Income) in FY2024, demonstrating that 100% of reported GAAP earnings were converted into actual unencumbered cash.
How long has P&G paid continuous dividends?
Procter & Gamble has paid dividends without interruption for 134 consecutive years and raised its dividend annually for 68 consecutive years, earning elite Dividend King status.
How can I export P&G's 10-K financial model to Excel?
Click 'Download PG .XLSX' to generate the 3-year multi-period statement model, product segment schedule, and 5-year DCF directly in Excel.
Run Interactive Valuations for PG
Open the full CALIO Terminal to adjust WACC, terminal growth rates, and compare The Procter & Gamble Company directly against industry sector peer benchmarks.