PG Consumer Defensive

The Procter & Gamble Company

$162.06-0.92%

Price as of close on Nov 3, 2026 · Financials updated Oct 10, 2026

Basics

Sector: Consumer Defensive
Industry: Household & Personal Products
Country: United States
Market cap: 376.4B USD
Enterprise value: 394.6B USD
Full-time employees: 104,000

Overall health

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback: less short-term liquidity (current ratio 0.68 vs a peer median of 1.52)less liquidity (current ratio 0.68 vs peers 1.52)
About average: growth and risk (debt, liquidity and share-price swings)growth and risk

Ranks #383 of 761 consumer defensive companies (bottom 50%)

See how it ranks against its peers

Worth knowing

Profit is backed by cash. Free cash flow is 94% of reported profit.
Procter & Gamble's free cash flow is 94% of its reported profit, so its earnings are turning into cash it can reinvest, pay out or use to reduce debt.
Wide margins. Operating margin 23% (12 months to Jun 2026) vs a peer median of 7.6%.Operating margin 23% vs peers 7.6%.
Procter & Gamble keeps 23% of revenue as operating profit, more than 91% of peers (median 7.6%).

StockQuotient Score

51/ 100

Oct 5 52 → Nov 4 51 (-1)

Valuation

Is the price right?

33/100

Weak

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why

Weaker than most peers on:

▼ EBITDA yield
▼ FCF yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield4.3%

SEC filings · 12 months to Jun 2026Reported value30% base weight · Z-score -0.09Sector median: 0.0453 · MAD: 0.0301

EBITDA yield5.7%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score -0.68Sector median: 0.0865 · MAD: 0.0435

Free cash flow yield4.0%

SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingReported value20% base weight · Z-score -0.50Sector median: 0.0622 · MAD: 0.0441

Other data (not scored)

Book yield14.4%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 0.5381 · MAD: 0.2865

Growth

Is it growing?

45/100

Moderate

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Close to the peer norm on every measure.

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth1.2%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.01Sector median: 0.0154 · MAD: 0.2529

3-year revenue growth2.0%

SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score -0.35Sector median: 0.0366 · MAD: 0.0470

Revenue growth3.3%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 0.08Sector median: 0.0278 · MAD: 0.0585

Profitability

Does it earn well?

92/100

Strong

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Stronger than most peers on:

▲ ROA
▲ Operating margin
▲ ROIC

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin22.7%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 2.97Sector median: 0.0759 · MAD: 0.0508

Return on assets12.7%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 3.32Sector median: 0.0396 · MAD: 0.0262

Return on invested capital19.9%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 1.82Sector median: 0.0766 · MAD: 0.0673

Other data (not scored)

Gross margin50.2%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.3182 · MAD: 0.1263

Return on equity29.5%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0831 · MAD: 0.0675

Risk

Debt, liquidity, price swings

Moderate

Moderate relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Held back by:

▼ Current ratio
▼ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta0.38

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score 0.18Sector median: 0.4070 · MAD: 0.1690

Current ratio0.68×

SEC filings · latest balance sheetReported value33% base weight · Z-score -1.31Sector median: 1.5250 · MAD: 0.6460

Debt / equity0.63×

SEC filings · latest balance sheetReported value33% base weight · Z-score -0.57Sector median: 0.4234 · MAD: 0.3581

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Procter & Gamble

Is Procter & Gamble getting weaker?: Its latest SEC filing (Aug 28, 2026) showed no major changes. Its overall score is unchanged at 51/100 since Oct 28, 2026.
How is Procter & Gamble valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 33/100 against 823 consumer defensive peers. EBITDA yield 5.7% vs a peer median of 8.7% (weaker than 69% of peers).EBITDA yield 5.7% vs peers 8.7% (weaker than 69% of peers).
Is Procter & Gamble growing?: At about the same pace as its peers. Growth scores 45/100 against 823 consumer defensive peers.
How profitable is Procter & Gamble?: More profitable than most of its peers. Profitability scores 92/100 against 823 consumer defensive peers. Return on assets 12.7% vs a peer median of 4.0% (stronger than 94% of peers).Return on assets 12.7% vs peers 4.0% (stronger than 94% of peers).
How risky is Procter & Gamble?: Moderate risk relative to 823 consumer defensive peers, judged on debt, liquidity and share-price swings. Current ratio 0.68× vs a peer median of 1.52× (weaker than 92% of peers).Current ratio 0.68× vs peers 1.52× (weaker than 92% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 28, 2026 · compared with the quarter ended Mar 31, 2026

No major changes

	Previous quarter	Latest quarter	Change
Revenue (12 months)	86.7B USD	87.0B USD	+0.4%
Net income (12 months)	16.6B USD	16.0B USD	−3.4%
Operating margin	23.2%	22.7%	−0.5 pts
Free cash flow (12 months)	15.0B USD	15.1B USD	+0.8%
Debt	37.0B USD	34.1B USD	−7.8%
Cash	12.3B USD	9.9B USD	−19.2%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Sector: Consumer Defensive · 91 companies

Valuations in Consumer Defensive are within their usual range since 2016.

30% of months since 2016 were valued lower than now.
18% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values −4% and earnings +7% (medians): prices and earnings moved broadly together.
Median price-to-sales is −58% vs the whole market, against a usual −39%.

2016Shaded: most expensive fifth of its range2026

Shown for Consumer Defensive: too few Household & Personal Products companies have a long enough history of their own.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY Jun 2022	FY Jun 2023	FY Jun 2024	FY Jun 2025	FY Jun 2026	Change
Gross margin	47.4%	47.9%	51.4%	51.2%	50.2%	▼ 1.0 pts
Operating margin	22.2%	22.1%	22.1%	24.3%	22.7%	▼ 1.6 pts
Net margin	18.4%	17.9%	17.7%	19.0%	18.4%	▼ 0.5 pts
Return on assets (ROA)	12.6%	12.1%	12.2%	12.8%	12.7%	▼ 0.1 pts
Return on equity (ROE)	31.5%	31.1%	29.4%	30.6%	29.5%	▼ 1.0 pts
Free cash flow margin	16.9%	16.8%	19.7%	16.7%	17.4%	▲ 0.7 pts
Current ratio	0.65×	0.63×	0.73×	0.70×	0.68×	▼ 3.8%
Quick ratio	0.45×	0.44×	0.53×	0.49×	0.47×	▼ 5.8%
Debt to equity	0.67×	0.74×	0.64×	0.66×	0.63×	▼ 4.8%
Interest coverage	40.58×	23.99×	20.05×	22.55×	22.52×	▼ 0.1%

PG price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Overall health

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Drawback: less short-term liquidity (current ratio 0.68 vs a peer median of 1.52)less liquidity (current ratio 0.68 vs peers 1.52)

About average: growth and risk (debt, liquidity and share-price swings)growth and risk

Ranks #383 of 761 consumer defensive companies (bottom 50%)

See how it ranks against its peers

Worth knowing

Profit is backed by cash. Free cash flow is 94% of reported profit.

Procter & Gamble's free cash flow is 94% of its reported profit, so its earnings are turning into cash it can reinvest, pay out or use to reduce debt.

Wide margins. Operating margin 23% (12 months to Jun 2026) vs a peer median of 7.6%.Operating margin 23% vs peers 7.6%.

Procter & Gamble keeps 23% of revenue as operating profit, more than 91% of peers (median 7.6%).

Questions investors ask about Procter & Gamble

Is Procter & Gamble getting weaker?

Its latest SEC filing (Aug 28, 2026) showed no major changes. Its overall score is unchanged at 51/100 since Oct 28, 2026.

How is Procter & Gamble valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 33/100 against 823 consumer defensive peers. EBITDA yield 5.7% vs a peer median of 8.7% (weaker than 69% of peers).EBITDA yield 5.7% vs peers 8.7% (weaker than 69% of peers).

Is Procter & Gamble growing?

At about the same pace as its peers. Growth scores 45/100 against 823 consumer defensive peers.

How profitable is Procter & Gamble?

More profitable than most of its peers. Profitability scores 92/100 against 823 consumer defensive peers. Return on assets 12.7% vs a peer median of 4.0% (stronger than 94% of peers).Return on assets 12.7% vs peers 4.0% (stronger than 94% of peers).

How risky is Procter & Gamble?

Moderate risk relative to 823 consumer defensive peers, judged on debt, liquidity and share-price swings. Current ratio 0.68× vs a peer median of 1.52× (weaker than 92% of peers).Current ratio 0.68× vs peers 1.52× (weaker than 92% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

86.7B USD

87.0B USD

+0.4%

Net income (12 months)

16.6B USD

16.0B USD

−3.4%

Operating margin

23.2%

22.7%

−0.5 pts

Free cash flow (12 months)

15.0B USD

15.1B USD

+0.8%

Debt

37.0B USD

34.1B USD

−7.8%

Cash

12.3B USD

9.9B USD

−19.2%

Key ratios

FY Jun 2022

FY Jun 2023

FY Jun 2024

FY Jun 2025

FY Jun 2026

Change

Gross margin

47.4%

47.9%

51.4%

51.2%

50.2%

▼ 1.0 pts

Operating margin

22.2%

22.1%

24.3%

22.7%

▼ 1.6 pts

Net margin

18.4%

17.9%

17.7%

19.0%

18.4%

▼ 0.5 pts

Return on assets (ROA)

12.6%

12.1%

12.2%

12.8%

12.7%

▼ 0.1 pts

Return on equity (ROE)

31.5%

31.1%

29.4%

30.6%

29.5%

▼ 1.0 pts

Free cash flow margin

16.9%

16.8%

19.7%

16.7%

17.4%

▲ 0.7 pts

Current ratio

0.65×

0.63×

0.73×

0.70×

0.68×

▼ 3.8%

Quick ratio

0.45×

0.44×

0.53×

0.49×

0.47×

▼ 5.8%

Debt to equity

0.67×

0.74×

0.64×

0.66×

0.63×

▼ 4.8%

Interest coverage

40.58×

23.99×

20.05×

22.55×

22.52×

▼ 0.1%