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Procter & Gamble PG Free cash flow yield

Free cash flow yield at other companies

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Dollar GeneralDG
8.6%-0.7pp
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5.5%+0.9pp
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Kimberly-ClarkKMB
5.7%+0.7pp
Johnson & Johnson logo
Johnson & JohnsonJNJ
3%-2.1pp
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Church & DwightCHD
3.4%+0.4pp
Estee Lauder Companies Inc. logo
Estee Lauder Companies Inc.EL
4.9%+1.0pp

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 yield?
Procter & Gamble (PG) reported free cash flow yield of 4.5% in Q1 2026.
How has Procter & Gamble's free cash flow yield changed year-over-year?
Procter & Gamble's free cash flow yield increased by 19.1% year-over-year, from 3.8% to 4.5%.
What is the long-term trend for Procter & Gamble's free cash flow yield?
Over 4 years (2021 to 2025), Procter & Gamble's free cash flow yield has grown at a -5.4% compound annual growth rate (CAGR), from 19.1% to 15.3%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.