Procter & Gamble (PG) FY2022 results: revenue $80.2 billion, up 5.3% on the year
Procter & Gamble Co. (PG) reported revenue of $80.2 billion for fiscal 2022, the year ended 30 June 2022, up 5.3% on the year before. Net income was $14.7 billion, up 3.0%, and diluted earnings per share $5.81. The figures are the company's own, from the 10-K it filed with the SEC on 5 August 2022.
Revenue
$80.2 billion
+5.3% on the year
FY2015FY2022
Operating margin
22.2%
23.6% a year earlier
FY2015FY2022
Net income
$14.7 billion
+3.0% on the year
FY2015FY2022
Diluted EPS
$5.81
+5.6% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
16,723
18,371
17,403
-9.0%
Capital expenditure
3,156
2,787
3,073
+13.2%
Free cash flow
13,567
15,584
14,330
-12.9%
Free cash flow margin
16.9%
20.5%
20.2%
Cash from investing
-4,424
-2,834
3,045
Cash from financing
-14,876
-21,531
-8,367
Depreciation and amortisation
2,807
2,735
3,013
+2.6%
Share-based compensation
528
540
558
-2.2%
Buybacks
10,003
11,009
7,405
-9.1%
Dividends paid
8,770
8,263
7,789
+6.1%
Dividend per share
$3.52
$3.24
$3.03
+8.7%
Diluted shares, weighted
2,539m
2,601m
2,626m
-2.4%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
46,854
46,654
46,878
+0.4%
Debt
31,493
31,988
34,720
-1.5%
Operating lease liabilities
595
631
652
-5.7%
Other liabilities
38,266
40,034
38,450
-4.4%
Total liabilities and equity
117,208
119,307
120,700
-1.8%
Fixed assets
21,195
21,686
20,692
-2.3%
Goodwill
39,700
40,924
39,901
-3.0%
Intangible assets
23,679
23,642
23,792
+0.2%
Cash and equivalents
7,214
10,288
16,181
-29.9%
Receivables
5,143
4,725
4,178
+8.8%
Inventory
6,924
5,983
5,498
+15.7%
Other assets
13,353
12,059
10,458
+10.7%
Total assets
117,208
119,307
120,700
-1.8%
10-K for the year ended 30 June 2022, filed 5 August 2022: the filing.