PROCTER & GAMBLE Reports 5.3% Revenue Increase in Fourth Quarter of Fiscal Year 2023
August 23, 2023
☀️Earnings Overview
PROCTER & GAMBLE ($NYSE:PG) reported total revenue of USD 20.6 billion for the fourth quarter of fiscal year 2023, a 5.3% year-over-year increase, on July 28 2023. The quarter ending June 30 2023 also reported a net income of USD 3.4 billion, a 10.8% increase compared to the same period in the prior year.
Analysis
GoodWhale has conducted an analysis of PROCTER & GAMBLE’s wellbeing and the results are quite impressive. The Star Chart shows that PROCTER & GAMBLE has a high health score of 8/10 with regard to its cashflows and debt, meaning that the company is capable of safely riding out any crisis without the risk of bankruptcy. Moreover, PROCTER & GAMBLE is classified as a ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. This makes PROCTER & GAMBLE an attractive investment opportunity for investors who are looking for stable income streams. While PROCTER & GAMBLE is strong in terms of profitability, it is only medium in terms of dividends and weak in terms of asset growth. However, due to its stability and strong cashflows, it still makes for a good choice for conservative investors who are looking for steady, reliable returns. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for PG. More…
| Total Revenues | Net Income | Net Margin |
| 82.01k | 14.65k | 17.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for PG. More…
| Operations | Investing | Financing |
| 16.85k | -3.5k | -12.15k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for PG. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 120.83k | 73.76k | 19.15 |
Key Ratios Snapshot
Some of the financial key ratios for PG are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.9% | 4.9% | 23.3% |
| FCF Margin | ROE | ROA |
| 16.8% | 26.5% | 9.9% |
Peers
The Procter & Gamble Co is in competition with Clorox Co, Colgate-Palmolive Co, and Kimberly-Clark Corp. All of these companies are vying for a share of the market in terms of sales and profits. The competition is intense, and each company is trying to outdo the others in terms of products, marketing, and distribution.
– Clorox Co ($NYSE:CLX)
Clorox is a leading manufacturer of household and professional products. The company has a market cap of $16.67 billion and a return on equity of 93.23%. Clorox’s products include bleach, disinfectants, and other cleaning and laundry products. The company also manufactures food and beverage products, such as salad dressings, sauces, and condiments. Clorox has a strong reputation for quality and innovation, and its products are widely available in stores across the United States.
– Colgate-Palmolive Co ($NYSE:CL)
Colgate-Palmolive Co. is an American multinational consumer products company headquartered in New York City, founded in 1806. The company specializes in the production of oral hygiene, personal care, and pet nutrition products. Some of its best-known brands include Colgate, Palmolive, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Tom’s of Maine, Ajax, Fabuloso, and Hill’s Science Diet.
– Kimberly-Clark Corp ($NYSE:KMB)
Kimberly-Clark Corporation is an American multinational consumer goods company that produces mostly paper-based consumer products. It has a wide range of brands in over 175 countries. In 2012, Kimberly-Clark had sales of US$21.6 billion and employed 57,000 people. The company’s headquarters is in Irving, Texas.
The company has a market cap of 38.81B as of 2022 and a return on equity of 235.17%. Kimberly-Clark Corporation produces a wide range of consumer products that are used by people all over the world. The company’s strong financial performance and wide array of products have made it a leading player in the consumer goods industry.
Summary
PROCTER & GAMBLE reported total revenue of USD 20.6 billion and net income of USD 3.4 billion for the fourth quarter of fiscal year 2023, representing a 5.3% and 10.8% year-over-year increase respectively. These results demonstrate that P&G is a steady performer in terms of revenue and earnings growth, making it an attractive investment option for investors looking to capitalize on its successful track record. The company’s strong financials make it an ideal choice for long-term investors, while its lucrative dividend payment policy also provides a steady income stream. With its consistent growth and ability to generate high returns, P&G is an attractive investment opportunity for any investor looking to expand their portfolio.
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