PG FY 2017 Earnings Report — The Procter & Gamble Company Revenue & Financial Results | Market Cap Arena

The Procter & Gamble CompanyPG

FY 2017 Earnings

Reported August 7, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$65.1B	—	$65.3B	—	-0.4%
Op. Income	$13.8B	—	$13.4B	—	2.4%
Gross Margin	49.8%	—	49.6%	—	0.2pp
Net Margin	23.6%	—	16.1%	—	7.5pp
EPS (Diluted)	$5.59	—	$3.69	—	51.5%
Free Cash Flow	$9.4B	—	$12.1B	—	-22.7%

Revenue Flow

Item	Amount
REVENUE	$65.1B
Cost of Revenue	$32.6B
GROSS PROFIT	$32.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$18.7B
Other Expenses	$0
Operating Expenses	$18.7B
Cost & Expenses	$51.3B
OPERATING INCOME	$13.8B
Interest Income	$171M
Interest Expense	$465M
Other Income/Expenses	-$509M
INCOME BEFORE TAX	$13.3B
Income Tax Expense	$3.1B
Net Income from Continuing Ops	$10.2B
Net Income from Discontinued Ops	$5.2B
Other Adjustments	$0
NET INCOME	$15.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$15.3B
D&A	$2.8B
EBIT	$13.7B
EBITDA	$16.5B
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$65.1B
Cost of Revenue	$32.6B
GROSS PROFIT	$32.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$18.7B
Other Expenses	$0
Operating Expenses	$18.7B
Cost & Expenses	$51.3B
OPERATING INCOME	$13.8B
Interest Income	$171M
Interest Expense	$465M
Other Income/Expenses	-$509M
INCOME BEFORE TAX	$13.3B
Income Tax Expense	$3.1B
Net Income from Continuing Ops	$10.2B
Net Income from Discontinued Ops	$5.2B
Other Adjustments	$0
NET INCOME	$15.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$15.3B
D&A	$2.8B
EBIT	$13.7B
EBITDA	$16.5B
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$15.3B
Depreciation & Amortization	$2.8B
Stock-Based Compensation	$366M
Deferred Income Tax	-$601M
Other Non-Cash Items	-$4.7B
Change in Working Capital	-$443M
OPERATING CASH FLOW	$12.8B
Capital Expenditure	-$3.4B
Acquisitions (Net)	-$491M
Purchases of Investments	-$4.9B
Sales/Maturities of Investments	$1.5B
Other Investing Activities	$571M
NET CASH FROM INVESTING	-$6.7B
Net Debt Issuance	$1.4B
Common Stock Repurchased	-$5.2B
Common Dividends Paid	-$7.2B
Other Financing Activities	$2.5B
NET CASH FROM FINANCING	-$8.6B
FREE CASH FLOW	$9.4B
Net Change in Cash	-$1.5B

Balance Sheet

Item	Amount
Cash & Equivalents	$5.6B
Short-Term Investments	$9.6B
Net Receivables	$4.6B
Inventory	$4.6B
Other Current Assets	$2.1B
TOTAL CURRENT ASSETS	$26.5B
PP&E (Net)	$19.9B
Goodwill	$44.7B
Intangible Assets	$24.2B
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$5.1B
TOTAL NON-CURRENT ASSETS	$93.9B
TOTAL ASSETS	$120.4B
Account Payables	$9.6B
Short-Term Debt	$13.6B
Deferred Revenue	$0
Other Current Liabilities	$3.6B
TOTAL CURRENT LIABILITIES	$30.2B
Long-Term Debt	$18.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$8.1B
Other Non-Current Liabilities	$8.2B
TOTAL NON-CURRENT LIABILITIES	$34.4B
TOTAL LIABILITIES	$64.6B
Common Stock	$4.0B
Additional Paid-In Capital	$63.6B
Retained Earnings	$96.1B
Treasury Stock	-$93.7B
Accum. Other Comp. Income	-$14.6B
Other Equity	-$1.2B
TOTAL STOCKHOLDERS' EQUITY	$55.2B
Minority Interest	$594M
TOTAL EQUITY	$55.8B
TOTAL LIABILITIES & EQUITY	$120.4B
Total Debt	$31.6B
Net Debt	$26.1B