The Procter & Gamble Company reported QQ4 2024 results with revenue of $20.532 billion and a gross margin of 49.6%. Net income was $3.137 billion, delivering basic EPS of $1.30. On a YoY basis, revenue was modestly down (-0.1%), while gross profit rose ~2.45%, reflecting favorable pricing/mix against ongoing input-cost pressure. Operating income declined ~6.66% YoY and ~12.89% QoQ, implying margin compression from higher input costs and investment in growth initiatives, despite favorable operating leverage from volume/mix in some segments. Free cash flow stood at ~$4.97 billion for the quarter, underscoring robust cash generation and a strong balance sheet. The company maintained a solid dividend payout and continued share repurchases, reinforcing its priority on capital return. However, liquidity ratios remained modest (current ratio ~0.74; quick ratio ~0.53) given a relatively capital-intensive, highly leveraged balance sheet. The QQ4 performance supports a view of PG as a resilient cash-generating leader in consumer staples, albeit with ongoing margin headwinds that require continued price/mix optimization and cost discipline.