PG FY 2021 Earnings Report — The Procter & Gamble Company Revenue & Financial Results | Market Cap Arena

The Procter & Gamble CompanyPG

FY 2021 Earnings

Reported August 6, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$76.1B	—	$71.0B	—	7.3%
Op. Income	$18.0B	—	$15.7B	—	14.5%
Gross Margin	51.2%	—	50.3%	—	0.9pp
Net Margin	18.8%	—	18.4%	—	0.4pp
EPS (Diluted)	$5.50	—	$4.96	—	10.9%
Free Cash Flow	$15.6B	—	$14.3B	—	8.8%

Revenue Flow

Item	Amount
REVENUE	$76.1B
Cost of Revenue	$37.1B
GROSS PROFIT	$39.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$21.0B
Other Expenses	$0
Operating Expenses	$21.0B
Cost & Expenses	$58.1B
OPERATING INCOME	$18.0B
Interest Income	$45M
Interest Expense	$502M
Other Income/Expenses	-$371M
INCOME BEFORE TAX	$17.6B
Income Tax Expense	$3.3B
Net Income from Continuing Ops	$14.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$14.3B
Net Income Deductions	-$271M
BOTTOM LINE NET INCOME	$14.3B
D&A	$2.7B
EBIT	$18.1B
EBITDA	$20.9B
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$76.1B
Cost of Revenue	$37.1B
GROSS PROFIT	$39.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$21.0B
Other Expenses	$0
Operating Expenses	$21.0B
Cost & Expenses	$58.1B
OPERATING INCOME	$18.0B
Interest Income	$45M
Interest Expense	$502M
Other Income/Expenses	-$371M
INCOME BEFORE TAX	$17.6B
Income Tax Expense	$3.3B
Net Income from Continuing Ops	$14.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$14.3B
Net Income Deductions	-$271M
BOTTOM LINE NET INCOME	$14.3B
D&A	$2.7B
EBIT	$18.1B
EBITDA	$20.9B
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$14.4B
Depreciation & Amortization	$2.7B
Stock-Based Compensation	$540M
Deferred Income Tax	-$258M
Other Non-Cash Items	$631M
Change in Working Capital	$371M
OPERATING CASH FLOW	$18.4B
Capital Expenditure	-$2.8B
Acquisitions (Net)	-$34M
Purchases of Investments	-$55M
Sales/Maturities of Investments	$0
Other Investing Activities	$42M
NET CASH FROM INVESTING	-$2.8B
Net Debt Issuance	-$3.9B
Common Stock Repurchased	-$11.0B
Common Dividends Paid	-$8.3B
Other Financing Activities	$1.6B
NET CASH FROM FINANCING	-$21.5B
FREE CASH FLOW	$15.6B
Net Change in Cash	-$5.9B

Balance Sheet

Item	Amount
Cash & Equivalents	$10.3B
Short-Term Investments	$0
Net Receivables	$4.7B
Inventory	$6.0B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$23.1B
PP&E (Net)	$21.7B
Goodwill	$40.9B
Intangible Assets	$23.6B
Long-Term Investments	$192M
Tax Assets	$0
Other Non-Current Assets	$9.8B
TOTAL NON-CURRENT ASSETS	$96.2B
TOTAL ASSETS	$119.3B
Account Payables	$13.7B
Short-Term Debt	$8.9B
Deferred Revenue	$0
Other Current Liabilities	$5.5B
TOTAL CURRENT LIABILITIES	$33.1B
Long-Term Debt	$23.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$6.2B
Other Non-Current Liabilities	$9.6B
TOTAL NON-CURRENT LIABILITIES	$39.5B
TOTAL LIABILITIES	$72.7B
Common Stock	$4.0B
Additional Paid-In Capital	$64.8B
Retained Earnings	$106.4B
Treasury Stock	-$115.0B
Accum. Other Comp. Income	-$13.7B
Other Equity	-$1.0B
TOTAL STOCKHOLDERS' EQUITY	$46.4B
Minority Interest	$276M
TOTAL EQUITY	$46.7B
TOTAL LIABILITIES & EQUITY	$119.3B
Total Debt	$32.8B
Net Debt	$22.6B