The Procter & Gamble Company

PGNYSEConsumer Defensive● Active

$146.54

+$5.76(+4.09%)

Market Cap$341.2B

P/E Ratio—

52W High$167.25

52W Low$137.62

Avg Volume9.5M

Open$142.22

Beta0.39

Overview

The Procter & Gamble Company (PG) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

PG · free cash flow · updated Jun 8, 2026

Core FCF metrics

PG · FCF · TTM · margin & CAGR

Free cash flow was $14.04B for FY2025 (fiscal year ending 2025-06-30), down 15.0% year-over-year The FCF margin was 16.7%. Five-year CAGR stands at -0.4%.

FY2025 Free Cash Flow$14.04B▼ -15.0% YoY

Trailing 12M (TTM)$15.03Btrailing 4 quarters sum

FCF Margin16.7%$14.04B ÷ revenue

3-Year CAGR+1.2%FY2022 → FY2025

5-Year CAGR-0.4%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

PG · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$17.82B(3.77B)$14.04B▼ 15.0%16.7%

FY2024$19.85B(3.32B)$16.52B▲ +19.9%19.7%

FY2023$16.85B(3.06B)$13.79B▲ +1.6%16.8%

FY2022$16.72B(3.16B)$13.57B▼ 12.9%16.9%

FY2021$18.37B(2.79B)$15.58B▲ +8.8%20.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

PG · P/FCF · FCF yield · FCF per share

The Procter & Gamble Company (PG) trades at a FCF yield of 4.40% and a price-to-free-cash-flow ratio of 23.9x. FCF per share stands at $6.12, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

4.40%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$6.12

TTM FCF ÷ Shares Outstanding

Price / FCF

x23.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x24.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-06-30

Cash flow statement summary

PG · cash flow statement · operating / investing / financing

For FY2025, The Procter & Gamble Company generated $17.82B in operating cash flow and spent 3.77B in capital expenditures, yielding $14.04B in free cash flow.

Operating Activities

+$17.82B

Cash from core business operations

2025-06-30

Investing Activities

−$3.82B

CapEx, acquisitions & investments

2025-06-30

Financing Activities

−$14.04B

Buybacks, dividends & debt

2025-06-30

FCF FormulaOperating CF ($17.82B) − |CapEx| (3.77B) = FCF ($14.04B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

PG vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

The Procter & Gamble CompanyYOU

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

The Procter & Gamble Company (PG) reported free cash flow of $14.04B for FY2025 (fiscal year ending 2025-06-30), down 15.0% year-over-year. The FCF margin was 16.7%.

Based on available data, The Procter & Gamble Company has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $16.52B in FY2024. The 5-year CAGR stands at -0.4%.

The Procter & Gamble Company's FCF yield is 4.40% and price-to-FCF ratio is 23.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

PG free cash flow · 8 questions

The Procter & Gamble Company free cash flow was $14.04B for FY2025, down 15.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $15.03B.

PG free cash flowPG FCFPG FCF 2025PG free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · The Procter & Gamble Company · The Procter & Gamble Company SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026