PG
The Procter Gamble
Q2 2025 Report
The Procter & Gamble Company (PG) Q2 2025 Results: Strong Organic Growth Amidst Volatility...
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Executive Summary
The Procter & Gamble Company (PG) reported strong financial results for QQ2 2024, achieving an organic sales growth of 4% year-over-year, driven by strategic price increases and robust performance in key categories. Despite a challenging global market environment, particularly in Greater China, P&G delivered a core earnings per share (EPS) of $1.84, marking a 16% increase from the prior year. Management emphasized their commitment to substantial shareholder returns, with an estimated $14 to $15 billion planned for dividends and share repurchases combined this fiscal year. The outlook for FY 2024 remains optimistic, with core EPS growth guidance raised to 8-9%, reflective of their strong sales momentum and effective cost management. However, management acknowledged ongoing geopolitical tensions and regional market pressures warrant close monitoring.
Key Performance Indicators
Revenue
21.44B
QoQ: -1.97% | YoY:3.22%
Gross Profit
11.30B
52.69% margin
QoQ: -0.64% | YoY:14.39%
Operating Income
4.43B
QoQ: -23.13% | YoY:-7.36%
Net Income
3.47B
QoQ: -23.29% | YoY:-11.82%
EPS
1.44
QoQ: -23.81% | YoY:-11.66%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue:** $21.44 billion, increased 3.22% YoY, but decreased 1.97% QoQ.
- **Gross Profit:** $11.30 billion, with a gross margin of 52.69%.
- **Operating Income:** $4.43 billion, or 20.7% operating margin, slightly above the historical average, but down 7.36% YoY due to competitive pricing pressures.
- **Net Income:** $3.47 billion, 16.16% net profit margin, down 11.82% YoY.
- **Core EPS:** $1.84, up 16% YoY.