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Procter & Gamble PG Free cash flow margin

Free cash flow margin at other companies

Dollar General logo
Dollar GeneralDG
5.1%+0.4pp
Colgate-Palmolive logo
Colgate-PalmoliveCL
18.1%+0.7pp
Kimberly-Clark logo
Kimberly-ClarkKMB
11.1%-3.4pp
Johnson & Johnson logo
Johnson & JohnsonJNJ
18.5%-4.3pp
Church & Dwight logo
Church & DwightCHD
15.3%+2.2pp
Estee Lauder Companies Inc. logo
Estee Lauder Companies Inc.EL
8.7%+2.3pp

Other financials

Income statement

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Revenue$21.2B+7.4%
Gross profit$10.5B+4.3%
Operating income$4.6B+0.4%
Net income$3.9B+4.3%
EPS (diluted)$1.63+5.8%

Balance sheet

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Cash & equivalents$12.3B+35.0%
Total debt$23.9B-30.1%
Total assets$128.38B+4.4%

Cash flow

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Operating cash flow$4.0B+9.2%
CapEx$1.0B+18.6%
Free cash flow$3.0B+6.3%

Valuation

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Market cap$350.59B-16.0%
Enterprise value$362.14B-18.2%
P/E21.1×-5.8×
P/S-0.9×

Profitability

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Gross margin50.3%-1.0pp
Operating margin23.2%-0.6pp
Net margin19.2%+0.7pp

Returns & leverage

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Current ratio0.7×0.0×

Where this comes from

Calculated from Procter & Gamble’s reported figures.

Based on trailing twelve months.

The official record: Procter & Gamble’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Procter & Gamble's free cash flow margin?
Procter & Gamble (PG) reported free cash flow margin of 17.3% in Q1 2026.
How has Procter & Gamble's free cash flow margin changed year-over-year?
Procter & Gamble's free cash flow margin decreased by 3.2% year-over-year, from 17.9% to 17.3%.
What is the long-term trend for Procter & Gamble's free cash flow margin?
Over 4 years (2021 to 2025), Procter & Gamble's free cash flow margin has grown at a -4.2% compound annual growth rate (CAGR), from 85.1% to 71.8%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.