Quick answer: latest quarter results, by ticker or company name

Reported Q: Q3 2024 Rev YoY: +0.6% EPS YoY: +10.6% Move: +1.11%

The Procter Gamble

$159.08 1.11%

Exchange NYSE Sector Consumer Defensive Industry Household Personal Products

Q3 2024

Published: Apr 19, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for PG

Reported

Report Date

Apr 19, 2024

Quarter Q3 2024

Revenue

20.20B

YoY: +0.6%

EPS

1.52

YoY: +10.6%

Market Move

+1.11%

Previous quarter: N/A

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

Revenue of $20.20B up 0.6% year-over-year
EPS of $1.52 increased by 10.6% from previous year
Gross margin of 51.2%
Net income of 3.75B
""The strong results we've delivered in the first three quarters of fiscal 2024 enable us to raise our outlook for core earnings per share and keep us on track to deliver within our fiscal year guidance ranges for organic sales growth, cash productivity, and cash return to shareowners."" - Andre Schulten, CFO

The Procter Gamble Company

Period Q3 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 11, 2026

Executive Summary

The Procter & Gamble Company (PG) delivered solid performance in Q3 2024, with organic sales growth of 3% year-over-year driven primarily by pricing and stable volumes despite ongoing challenges in certain markets. Notably, P&G's core EPS rose to $1.52, an 11% increase compared to the previous year, showcasing resilience in profitability amid a volatile operating environment. Management expressed confidence in achieving FY2024 guidance for core EPS growth of 10-11%, highlighting strategic investments in brand and product superiority, although headwinds from inflation and currency fluctuations remain a concern.

Key Performance Indicators

Revenue

Increasing

20.20B

QoQ: -5.81% | YoY: 0.63%

Gross Profit

Increasing

10.34B

51.20% margin

QoQ: -8.47% | YoY: 7.00%

Operating Income

Increasing

4.46B

QoQ: 0.61% | YoY: 4.99%

Net Income

Increasing

3.75B

QoQ: 8.25% | YoY: 10.51%

EPS

Increasing

1.56

QoQ: 8.33% | YoY: 10.64%

Revenue Trend

Margin Analysis

Financial Highlights

Key Financial Metrics for Q3 2024:
- Revenue: $20.20 billion, up 3% YoY.
- Net Income: $3.75 billion, up 10.51% YoY.
- EPS: $1.52 (diluted), up 8.33% QoQ.
- Gross Profit Margin: 51.2%, up from 48.2% YoY.
- Operating Income Margin: 22.1%, reflecting solid cost management strategies.

Year-over-Year Comparisons:
- Organic sales growth was primarily driven by a mix shift, where pricing contributed 3 points to the growth owing to previous year price increases, enabling the company to withstand inflationary pressures. Volumes remained steady with some sequential improvement in certain regions.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	20.20B	0.63%	-5.81%
Gross Profit	10.34B	7.00%	-8.47%
Operating Income	4.46B	4.99%	0.61%
Net Income	3.75B	10.51%	8.25%
EPS	1.56	10.64%	8.33%

Key Financial Ratios

Gross Profit Margin

Good

51.20%

Gross profit margin is healthy and competitive within industry standards

Operating Profit Margin

Good

22.10%

Operating margin is healthy and competitive within industry standards

Net Profit Margin

Good

18.60%

Net profit margin is healthy and competitive within industry standards

Return on Assets

Fair

3.14%

Return on assets is acceptable but below top-tier companies

Return on Equity

Fair

7.50%

Return on equity is acceptable but below top-tier companies

Current Ratio

Concern

0.69

Current ratio below safe levels, potential liquidity risk

Debt to Equity

Elevated

0.64

Debt-to-equity shows significant leverage, monitor debt levels

P/E Ratio

Growth

25.24x

Elevated P/E suggests growth expectations or premium valuation

Price to Book

High Premium

7.57x

Very high premium suggests asset-light business model or lofty expectations

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q2 2026	22,208.00	1.78	+2.2%	View
Q1 2026	22,386.00	1.95	+9.0%	View
Q3 2025	19,776.00	1.54	-2.1%	View
Q2 2025	21,882.00	1.88	+2.1%	View
Q1 2025	21,737.00	1.58	-0.6%	View
Q3 2024	20,195.00	1.52	+0.6%	View

PG

The Procter Gamble

Q2 2026 Report

The Procter & Gamble Company (PG) QQ2 2026 Results Analysis: Resilient Outside-US Growth Amid Base-Period Headwinds with a Transformational Reinventio...

Read full report

PG

The Procter Gamble

Q1 2026 Report

The Procter & Gamble Company (PG) QQ1 2026 Results Update: Durable Organic Growth Amidst Restructuring, Competitive Dynamic and Strategic Margin Expan...

Read full report

PG

The Procter Gamble

Q3 2025 Report

The Procter & Gamble Company (PG) QQ3 2025 Results: Modest Organic Growth in a Turbulent Macro Environment with Margin Expansion via Productivity and ...

Read full report

PG

The Procter Gamble

Q2 2025 Report

The Procter & Gamble Company (PG) Q2 2025 Results: Strong Organic Growth Amidst Volatility...

Read full report

PG

The Procter Gamble

Q1 2025 Report

The Procter & Gamble Company (PG) QQ1 2025 Financial Results: Steady Growth Amid Challenges...

Read full report

The Procter Gamble (PG) Q3 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

More PG Quarterly Reports

PG

PG

PG

PG

PG

Q3 2024 Reports in Consumer Defensive Sector

CL

Related Financial Data

Sector Analysis: Consumer Defensive

PG Full Profile

PG Financial Statements

Earnings Calendar