PG FY 2022 Earnings Report — The Procter & Gamble Company Revenue & Financial Results | Market Cap Arena

The Procter & Gamble CompanyPG

FY 2022 Earnings

Reported August 5, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$80.2B	—	$76.1B	—	5.3%
Op. Income	$17.8B	—	$18.0B	—	-1.0%
Gross Margin	47.4%	—	51.2%	—	-3.8pp
Net Margin	18.4%	—	18.8%	—	-0.4pp
EPS (Diluted)	$5.81	—	$5.50	—	5.6%
Free Cash Flow	$13.6B	—	$15.6B	—	-12.9%

Revenue Flow

Item	Amount
REVENUE	$80.2B
Cost of Revenue	$42.2B
GROSS PROFIT	$38.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$20.2B
Other Expenses	$0
Operating Expenses	$20.2B
Cost & Expenses	$62.4B
OPERATING INCOME	$17.8B
Interest Income	$51M
Interest Expense	$439M
Other Income/Expenses	$182M
INCOME BEFORE TAX	$18.0B
Income Tax Expense	$3.2B
Net Income from Continuing Ops	$14.8B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$14.7B
Net Income Deductions	-$281M
BOTTOM LINE NET INCOME	$14.7B
D&A	$2.8B
EBIT	$18.4B
EBITDA	$21.2B
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$80.2B
Cost of Revenue	$42.2B
GROSS PROFIT	$38.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$20.2B
Other Expenses	$0
Operating Expenses	$20.2B
Cost & Expenses	$62.4B
OPERATING INCOME	$17.8B
Interest Income	$51M
Interest Expense	$439M
Other Income/Expenses	$182M
INCOME BEFORE TAX	$18.0B
Income Tax Expense	$3.2B
Net Income from Continuing Ops	$14.8B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$14.7B
Net Income Deductions	-$281M
BOTTOM LINE NET INCOME	$14.7B
D&A	$2.8B
EBIT	$18.4B
EBITDA	$21.2B
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$14.8B
Depreciation & Amortization	$2.8B
Stock-Based Compensation	$528M
Deferred Income Tax	-$402M
Other Non-Cash Items	$144M
Change in Working Capital	-$1.1B
OPERATING CASH FLOW	$16.7B
Capital Expenditure	-$3.2B
Acquisitions (Net)	-$1.4B
Purchases of Investments	$0
Sales/Maturities of Investments	$3M
Other Investing Activities	$110M
NET CASH FROM INVESTING	-$4.4B
Net Debt Issuance	$1.9B
Common Stock Repurchased	-$10.0B
Common Dividends Paid	-$8.8B
Other Financing Activities	$2.0B
NET CASH FROM FINANCING	-$14.9B
FREE CASH FLOW	$13.6B
Net Change in Cash	-$3.1B

Balance Sheet

Item	Amount
Cash & Equivalents	$7.2B
Short-Term Investments	$0
Net Receivables	$5.1B
Inventory	$6.9B
Other Current Assets	$2.4B
TOTAL CURRENT ASSETS	$21.7B
PP&E (Net)	$21.2B
Goodwill	$39.7B
Intangible Assets	$23.7B
Long-Term Investments	$140M
Tax Assets	$0
Other Non-Current Assets	$10.8B
TOTAL NON-CURRENT ASSETS	$95.6B
TOTAL ASSETS	$117.2B
Account Payables	$14.9B
Short-Term Debt	$8.6B
Deferred Revenue	$0
Other Current Liabilities	$4.9B
TOTAL CURRENT LIABILITIES	$33.1B
Long-Term Debt	$22.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$6.8B
Other Non-Current Liabilities	$7.0B
TOTAL NON-CURRENT LIABILITIES	$37.3B
TOTAL LIABILITIES	$70.4B
Common Stock	$4.0B
Additional Paid-In Capital	$65.8B
Retained Earnings	$112.4B
Treasury Stock	-$123.4B
Accum. Other Comp. Income	-$12.2B
Other Equity	-$916M
TOTAL STOCKHOLDERS' EQUITY	$46.6B
Minority Interest	$265M
TOTAL EQUITY	$46.9B
TOTAL LIABILITIES & EQUITY	$117.2B
Total Debt	$32.3B
Net Debt	$25.1B