Stocks · Consumer Defensive · Household & Personal Products
The Procter & Gamble Company PG
$144.91 +0.67% Close, Oct 2, 2026 · NYSE · Market cap $344.48B
High qualityLow risk
Next earnings report: Oct 22, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 21.9× trailing earnings, lower than 95% of the company's own readings over the past five years.
- Earnings beat analyst estimates in each of the last 6 quarters (average surprise over the last four: +2.3%).
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Consumer Defensive sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth44Weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 49%
- EPS growth (TTM, YoY)Top 47%
- FCF growth (TTM, YoY)Top 47%
- Revenue growth, 3-year CAGRBottom 46%
- Revenue growth accelerationBottom 45%
Quality84Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 12%
- Gross marginTop 23%
- Operating marginTop 7%
- Cash conversion (OCF / net income)Bottom 24%
- Accruals (lower is better)Bottom 26%
- Net debt / EBITDA (lower is better)Top 35%
- Interest coverTop 19%
Value42Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 41%
- Free-cash-flow yieldBottom 40%
- EBITDA / enterprise valueBottom 32%
- Sales / enterprise valueBottom 5%
- P/E vs own 5-year history (lower is better)Top 15%
Momentum53Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 49%
- 6-month returnTop 36%
- 1-year return vs S&P 500Top 44%
- Distance from 52-week highTop 18%
- Trend checklist (0–4)Bottom 22%
Revisions40Weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 31%
- Consecutive EPS beatsTop 18%
- Share of analysts rating BuyTop 48%
- Upside to consensus price targetBottom 16%
Stability96Exceptional
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 2%
- Maximum drawdown, 3 yearsTop 9%
- Beta vs S&P 500 (lower is better)Top 30%
- Net debt / EBITDA (lower is better)Top 35%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 3.3% | 3.3% | ↓ |
| EPS growth (YoY) | 8.6% | 1.7% | ↓ |
| Gross margin | 51.2% | 50.2% | ↓ |
| Operating margin | 24.3% | 22.7% | ↓ |
| FCF margin | 16.7% | 18.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 3.3% | 3.3% | ↓ | Bottom 49% |
| EPS growth (TTM, YoY) | 1.7% | 8.6% | ↓ | Top 47% |
| Gross margin | 50.2% | 51.2% | ↓ | Top 23% |
| Operating margin | 22.7% | 24.3% | ↓ | Top 7% |
| Net margin | 18.4% | 19.0% | ↓ | — |
| Free-cash-flow margin | 18.3% | 16.7% | ↑ | — |
| Return on invested capital | 15.7% | — | Top 12% | |
| Revenue growth, 3-year CAGR | 2.0% | — | Bottom 46% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.27×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.4%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.6%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -5.3 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.18×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 22.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.97%
- Net buyback yield (TTM)
- 1.23%
- Shareholder yield
- 4.20%
- Share count change, 1 year
- -1.3%
- Share count change, 3-year CAGR
- -0.7%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 6
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +2.3%
- Average 2-day reaction, last 8
- -0.0%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $157.78
- Target vs current price
- +8.9%
- Analysts with a rating
- 53
- Share rating Buy or Strong Buy
- 51%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | +1.4% | -1.9% | -0.6% | -2.3% | — |
| Apr 24, 2026 | +1.9% | +1.7% | +0.9% | -1.6% | +1.6% |
| Jan 22, 2026 | +1.1% | +2.6% | +0.9% | +8.6% | +0.6% |
| Oct 24, 2025 | +4.7% | +0.2% | -1.7% | -2.6% | -4.0% |
| Jul 29, 2025 | +4.2% | -0.3% | -4.0% | -0.6% | -3.5% |
| Apr 24, 2025 | +1.3% | -3.7% | -1.9% | -0.2% | -6.5% |
| Jan 22, 2025 | -0.5% | +1.9% | +2.8% | +2.9% | +2.9% |
| Oct 18, 2024 | +1.6% | -0.6% | -1.5% | -3.0% | -7.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $1.43 | $1.41 | +1.4% | $21.20B |
| Apr 24, 2026 | $1.59 | $1.56 | +1.9% | $21.23B |
| Jan 22, 2026 | $1.88 | $1.86 | +1.1% | $22.21B |
| Oct 24, 2025 | $1.99 | $1.90 | +4.7% | $22.39B |
| Jul 29, 2025 | $1.48 | $1.42 | +4.2% | $20.89B |
| Apr 24, 2025 | $1.54 | $1.52 | +1.3% | $19.78B |
| Jan 22, 2025 | $1.88 | $1.89 | -0.5% | $21.88B |
| Oct 18, 2024 | $1.93 | $1.90 | +1.6% | $21.74B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 21.9× | 25.4× | 5th | Top 41% |
| P/E (forward) | 20.8× | — | — | — |
| EV / EBITDA | 17.4× | — | — | Bottom 32% |
| EV / Sales | 4.25× | — | — | Bottom 5% |
| Free-cash-flow yield | 4.62% | — | — | Bottom 40% |
| Earnings yield | 4.57% | — | — | Top 41% |
P/E over the past five years
Range 21.7× – 29.5× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -5.4%
- Earnings per share growth (TTM)
- +1.7%
- Change in P/E multiple
- -3.5%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -0.7%
- 200-day average slope (20 days)
- +0.1%
- Distance from 50-day average
- -0.6%
- Distance from 200-day average
- -1.9%
- RSI (14)
- 46.5
- Relative volume
- 0.78×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 16.2%
- Volatility vs own 5-year history
- 43th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.24
- Correlation with S&P 500
- 0.22
- Current drawdown from 1-year high
- -13.3%
- Maximum drawdown, 3 years
- -23.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 5, 2022 | Oct 10, 2022 | -24.6% | 191 days | 393 days (May 3, 2024) |
| Dec 2, 2024 | Jan 7, 2026 | -23.2% | 274 days | Not yet recovered |
| Oct 12, 2020 | Mar 4, 2021 | -15.5% | 98 days | 114 days (Aug 16, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $344.48B
- P/E (TTM)
- 21.9
- EPS, diluted (TTM)
- $6.62
- Revenue (TTM)
- $87.03B
- Dividend yield
- 2.96%
- 52-week range
- $137.62 – $167.25
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $80.19B | $82.01B | $84.04B | $84.28B | $87.03B |
| Gross profit | $38.03B | $39.25B | $43.19B | $43.12B | $43.67B |
| Operating income | $17.81B | $18.13B | $18.55B | $20.45B | $19.75B |
| Net income | $14.74B | $14.65B | $14.88B | $15.97B | $16.05B |
| EPS (diluted) | $5.81 | $5.90 | $6.02 | $6.51 | $6.62 |
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.74B | $21.88B | $19.78B | $20.89B | $22.39B | $22.21B | $21.23B | $21.20B |
| Net income | $3.96B | $4.63B | $3.77B | $3.62B | $4.75B | $4.33B | $3.97B | $3.00B |
| EPS (diluted) | $1.61 | $1.88 | $1.54 | $1.48 | $1.95 | $1.78 | $1.63 | $1.26 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $16.72B | $16.85B | $19.85B | $17.82B | $20.32B |
| Capital expenditure | -$3.16B | -$3.06B | -$3.32B | -$3.77B | -$4.41B |
| Free cash flow | $13.57B | $13.79B | $16.52B | $14.04B | $15.91B |
| Dividends paid | -$8.77B | -$9.00B | -$9.31B | -$9.87B | -$10.23B |
| Net share buybacks | -$10.00B | -$7.35B | -$5.01B | -$4.79B | -$4.23B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $9.94B
- Total assets
- $126.52B
- Total liabilities
- $72.21B
- Total debt
- $35.03B
- Net debt
- $25.08B
- Shareholders’ equity
- $54.31B
As of Jun 30, 2026 (filed Aug 4, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Jul 24, 2026 | $1.09 | Aug 17, 2026 |
| Apr 24, 2026 | $1.09 | May 15, 2026 |
| Jan 23, 2026 | $1.06 | Feb 17, 2026 |
| Oct 24, 2025 | $1.06 | Nov 17, 2025 |
| Jul 18, 2025 | $1.06 | Aug 15, 2025 |
| Apr 21, 2025 | $1.06 | May 15, 2025 |
| Jan 24, 2025 | $1.01 | Feb 18, 2025 |
| Oct 18, 2024 | $1.01 | Nov 15, 2024 |
Short interest
- Shares sold short
- 24,213,298
- Days to cover
- 2.84
- Change vs previous report
- -14.0%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jun 21, 2004
- 2-for-1
- Sep 22, 1997
- 2-for-1
- Jun 15, 1992
- 2-for-1
- Nov 20, 1989
- 2-for-1
- Feb 22, 1983
- 2-for-1