CapEx
Procter & Gamble CapEx decreased by 12.7% to $1.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.6%, from $859.00M to $1.02B. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 7.9% CAGR.
Analysis
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
capital_expendituresHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $714.00M | $1.09B | $626.00M | $747.00M | $692.00M | $890.00M | $708.00M | $730.00M | $734.00M | $925.00M | $817.00M | $797.00M | $783.00M | $993.00M | $925.00M | $859.00M | $996.00M | $1.20B | $1.17B | $1.02B |
| QoQ Change | — | +52.8% | -42.6% | +19.3% | -7.4% | +28.6% | -20.4% | +3.1% | +0.5% | +26.0% | -11.7% | -2.4% | -1.8% | +26.8% | -6.8% | -7.1% | +15.9% | +20.5% | -2.8% | -12.7% |
| YoY Change | — | — | — | — | -3.1% | -18.4% | +13.1% | -2.3% | +6.1% | +3.9% | +15.4% | +9.2% | +6.7% | +7.4% | +13.2% | +7.8% | +27.2% | +20.8% | +26.2% | +18.6% |
Business Segments
All segment values are derived from annual filings.
Baby Feminineand Family Care, Beauty, Corporate, Fabric Care And Home Care, Grooming, Health Care were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
CapEx at Other Companies
Frequently Asked Questions
- What is Procter & Gamble's capex?
- Procter & Gamble (PG) reported capex of $1.02B in Q1 2026.
- How has Procter & Gamble's capex changed year-over-year?
- Procter & Gamble's capex increased by 18.6% year-over-year, from $859.00M to $1.02B.
- What is the long-term trend for Procter & Gamble's capex?
- Over 4 years (2021 to 2025), Procter & Gamble's capex has grown at a 7.9% compound annual growth rate (CAGR), from $2.79B to $3.77B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.