The Procter & Gamble Company (PG) Financial Ratios
30 years of historical data (1996–2025) · Consumer Defensive · Household & Personal Products
EV/EBITDA
↓
15.95
↓-15% vs avg
5yr avg: 18.87
30Y Low9.8·High36.6
P/FCF
↑
24.61
-5% vs avg
5yr avg: 25.86
30Y Low13.8·High60.5
P/B Ratio
↓
6.94
↓-11% vs avg
5yr avg: 7.77
30Y Low2.5·High11.5
ROE
↑
31.1%
↓+0% vs avg
5yr avg: 31.0%
30Y Low8%·High39%
Debt/EBITDA
↓
1.52
↓-4% vs avg
5yr avg: 1.59
30Y Low0.7·High3.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
PG Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
The Procter & Gamble Company trades at 22.7x earnings, 10% below its 5-year average of 25.4x, sitting at the 43rd percentile of its historical range. Compared to the Consumer Defensive sector median P/E of 19.6x, the stock trades at a premium of 16%. On a free-cash-flow basis, the stock trades at 24.6x P/FCF, roughly in line with the 5-year average of 25.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $345.7B | $391.0B | $407.7B | $376.9B | $365.1B | $351.0B | $314.0B | $278.5B | $207.4B | $238.8B | $240.8B |
| Enterprise Value | $371.6B | $416.9B | $431.6B | $404.1B | $390.2B | $373.5B | $333.4B | $304.3B | $236.2B | $264.9B | $264.4B |
| P/E Ratio → | 22.72 | 24.47 | 27.40 | 25.72 | 24.75 | 24.53 | 24.11 | 76.68 | 21.27 | 15.59 | 22.95 |
| P/S Ratio | 4.10 | 4.64 | 4.85 | 4.60 | 4.55 | 4.61 | 4.43 | 4.11 | 3.10 | 3.67 | 3.69 |
| P/B Ratio | 6.94 | 7.48 | 8.06 | 8.01 | 7.79 | 7.52 | 6.70 | 5.85 | 3.92 | 4.28 | 4.15 |
| P/FCF | 24.61 | 27.84 | 24.67 | 27.34 | 26.91 | 22.52 | 21.91 | 23.41 | 18.60 | 25.49 | 19.87 |
| P/OCF | 19.40 | 21.95 | 20.54 | 22.37 | 21.83 | 19.10 | 18.04 | 18.27 | 13.95 | 18.73 | 15.60 |
P/E links to full P/E history page with 30-year chart
PG EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
The Procter & Gamble Company's enterprise value stands at 15.9x EBITDA, 15% below its 5-year average of 18.9x. The Consumer Defensive sector median is 11.4x, placing the stock at a 39% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.95 | 5.14 | 4.93 | 4.87 | 4.91 | 4.70 | 4.50 | 3.53 | 4.07 | 4.05 |
| EV / EBITDA | 15.95 | 17.90 | 20.13 | 19.38 | 18.92 | 18.03 | 17.81 | 36.62 | 14.58 | 15.97 | 16.00 |
| EV / EBIT | 18.17 | 19.78 | 21.92 | 21.15 | 21.17 | 20.62 | 20.46 | 46.26 | 17.08 | 19.30 | 18.95 |
| EV / FCF | — | 29.69 | 26.12 | 29.31 | 28.76 | 23.97 | 23.27 | 25.58 | 21.18 | 28.27 | 21.81 |
PG Profitability
Margins and return-on-capital ratios measuring operating efficiency
The Procter & Gamble Company earns an operating margin of 24.3%, significantly above the Consumer Defensive sector average of 1.4%. Operating margins have expanded from 22.1% to 24.3% over the past 3 years, signaling improving operational efficiency. Return on equity of 31.1% is exceptionally high — well above the sector median of 6.8%. ROIC of 20.1% represents excellent returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.2% | 51.2% | 51.4% | 47.9% | 47.4% | 51.2% | 50.3% | 48.6% | 48.5% | 49.8% | 49.6% |
| Operating Margin | 24.3% | 24.3% | 22.1% | 22.1% | 22.2% | 23.6% | 22.1% | 8.1% | 20.0% | 21.2% | 20.6% |
| Net Profit Margin | 19.0% | 19.0% | 17.7% | 17.9% | 18.4% | 18.8% | 18.4% | 5.8% | 14.6% | 23.6% | 16.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 31.1% | 31.1% | 30.5% | 31.2% | 31.5% | 30.6% | 27.6% | 7.8% | 17.9% | 26.9% | 17.4% |
| ROA | 12.9% | 12.9% | 12.2% | 12.3% | 12.5% | 11.9% | 11.0% | 3.3% | 8.2% | 12.4% | 8.2% |
| ROIC | 20.1% | 20.1% | 18.7% | 18.6% | 18.9% | 19.9% | 16.9% | 5.3% | 12.3% | 12.6% | 12.0% |
| ROCE | 23.0% | 23.0% | 21.3% | 21.4% | 20.9% | 20.7% | 18.2% | 6.3% | 14.8% | 14.8% | 13.7% |
PG Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The Procter & Gamble Company carries a Debt/EBITDA ratio of 1.5x, which is manageable (55% below the sector average of 3.4x). Net debt stands at $25.9B ($35.5B total debt minus $9.6B cash). Interest coverage of 23.2x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.68 | 0.68 | 0.66 | 0.75 | 0.69 | 0.70 | 0.76 | 0.63 | 0.59 | 0.57 | 0.53 |
| Debt / EBITDA | 1.52 | 1.52 | 1.56 | 1.70 | 1.57 | 1.58 | 1.90 | 3.62 | 1.94 | 1.91 | 1.86 |
| Net Debt / Equity | — | 0.50 | 0.47 | 0.58 | 0.54 | 0.48 | 0.41 | 0.54 | 0.55 | 0.47 | 0.41 |
| Net Debt / EBITDA | 1.11 | 1.11 | 1.11 | 1.30 | 1.22 | 1.09 | 1.04 | 3.11 | 1.78 | 1.57 | 1.43 |
| Debt / FCF | — | 1.84 | 1.45 | 1.97 | 1.85 | 1.45 | 1.36 | 2.17 | 2.59 | 2.78 | 1.94 |
| Interest Coverage | 23.23 | 23.23 | 21.28 | 25.28 | 41.99 | 36.09 | 35.05 | 12.92 | 27.34 | 29.51 | 24.09 |
PG Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.70x is below 1.0, meaning current liabilities exceed current assets — though the company's $9.6B cash position helps mitigate short-term liquidity concerns. The current ratio has improved from 0.63x to 0.70x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.70 | 0.70 | 0.73 | 0.63 | 0.65 | 0.70 | 0.85 | 0.75 | 0.83 | 0.88 | 1.10 |
| Quick Ratio | 0.49 | 0.49 | 0.53 | 0.44 | 0.45 | 0.52 | 0.68 | 0.58 | 0.66 | 0.72 | 0.94 |
| Cash Ratio | 0.27 | 0.27 | 0.28 | 0.23 | 0.22 | 0.31 | 0.49 | 0.34 | 0.42 | 0.50 | 0.43 |
| Asset Turnover | — | 0.67 | 0.69 | 0.68 | 0.68 | 0.64 | 0.59 | 0.59 | 0.56 | 0.54 | 0.51 |
| Inventory Turnover | 5.45 | 5.45 | 5.82 | 6.05 | 6.09 | 6.20 | 6.41 | 6.93 | 7.27 | 7.06 | 6.98 |
| Days Sales Outstanding | — | 26.78 | 26.57 | 24.35 | 23.41 | 22.66 | 21.49 | 26.70 | 25.59 | 25.77 | 24.44 |
PG Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
The Procter & Gamble Company returns 4.6% to shareholders annually — split between a 2.7% dividend yield and 1.9% buyback yield. A payout ratio of 61.8% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 4.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.7% | 2.5% | 2.3% | 2.4% | 2.4% | 2.4% | 2.5% | 2.7% | 3.5% | 3.0% | 3.1% |
| Payout Ratio | 61.8% | 61.8% | 62.6% | 61.4% | 59.5% | 57.8% | 59.8% | 192.4% | 75.0% | 47.2% | 70.8% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.4% | 4.1% | 3.7% | 3.9% | 4.0% | 4.1% | 4.1% | 1.3% | 4.7% | 6.4% | 4.4% |
| FCF Yield | 4.1% | 3.6% | 4.1% | 3.7% | 3.7% | 4.4% | 4.6% | 4.3% | 5.4% | 3.9% | 5.0% |
| Buyback Yield | 1.9% | 1.7% | 1.2% | 2.0% | 2.7% | 3.1% | 2.4% | 1.8% | 3.4% | 2.2% | 2.4% |
| Total Shareholder Yield | 4.6% | 4.2% | 3.5% | 4.3% | 5.1% | 5.5% | 4.8% | 4.5% | 6.9% | 5.2% | 5.5% |
| Shares Outstanding | — | $2.5B | $2.5B | $2.5B | $2.5B | $2.6B | $2.6B | $2.5B | $2.7B | $2.7B | $2.8B |
Peer Comparison
Compare PG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 PGYou | $346B | 22.7 | 15.9 | 24.6 | 51.2% | 24.3% | 31.1% | 20.1% | 1.5 |
 UL | $130B | 22.2 | 12.2 | 14.3 | 100.0% | 15.5% | 26.5% | 15.3% | 2.7 |
 KMB | $33B | 16.3 | 12.7 | 20.1 | 35.6% | 14.5% | 153.9% | 23.3% | 2.3 |
 CL | $71B | 33.5 | 15.6 | 19.5 | 60.1% | 21.3% | 469.1% | 43.4% | 1.6 |
 CHD | $22B | 31.4 | 18.3 | 20.6 | 44.7% | 17.4% | 17.6% | 13.9% | 1.7 |
 ENR | $1B | 5.7 | 7.0 | 20.6 | 40.6% | 17.8% | 156.4% | 11.8% | 5.4 |
 EL | $31B | -27.5 | 21.2 | 46.7 | 73.9% | 6.7% | -24.7% | 6.5% | 5.3 |
 REYN | $5B | 15.3 | 9.9 | 14.6 | 24.6% | 13.2% | 13.7% | 9.6% | 2.8 |
 SPB | $2B | 22.0 | 11.3 | 11.9 | 36.7% | 4.4% | 4.9% | 3.9% | 2.9 |
 COTY | $2B | -6.0 | 9.6 | 8.4 | 64.8% | 4.1% | -9.0% | 2.3% | 6.4 |
 EPC | $1B | 42.2 | 12.7 | 25.2 | 41.6% | 4.3% | 1.6% | 2.6% | 8.3 |
| Consumer Defensive Median | — | 19.6 | 11.4 | 15.7 | 40.1% | 1.4% | 6.8% | 5.5% | 3.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonPG — Frequently Asked Questions
Quick answers to the most common questions about buying PG stock.
What is The Procter & Gamble Company's P/E ratio?
The Procter & Gamble Company's current P/E ratio is 22.7x. The historical average is 25.2x. This places it at the 43th percentile of its historical range.
What is The Procter & Gamble Company's EV/EBITDA?
The Procter & Gamble Company's current EV/EBITDA is 15.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.7x.
What is The Procter & Gamble Company's ROE?
The Procter & Gamble Company's return on equity (ROE) is 31.1%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 24.6%.
Is PG stock overvalued?
Based on historical data, The Procter & Gamble Company is trading at a P/E of 22.7x. This is at the 43th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is The Procter & Gamble Company's dividend yield?
The Procter & Gamble Company's current dividend yield is 2.72% with a payout ratio of 61.8%.
What are The Procter & Gamble Company's profit margins?
The Procter & Gamble Company has 51.2% gross margin and 24.3% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does The Procter & Gamble Company have?
The Procter & Gamble Company's Debt/EBITDA ratio is 1.5x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.