8/30/2025
P&G Releases 2025 Annual Report
Published today, our Annual Report highlights the ways P&G’s integrated growth strategy helps us deliver irresistibly superior products that delight consumers by providing great value and meeting their needs from the very first use — and create value for customers, employees, society and shareowners alike.

We do this through our integrated growth strategy:
- A focused portfolio of products in daily use categories where performance drives brand choice.
- Irresistible superiority across all five vectors of product, package, brand communication, retail execution and value, to delight consumers and grow markets.
- Productivity improvement in all areas of our operations.
- Constructive disruption — a willingness to change, adapt and create new trends, technologies and capabilities that will shape the future of our industry.
- An empowered, agile and accountable organization that is inclusive and diverse — enabling us to better serve an increasingly diverse set of consumers.
- Strengthening this strategy through four areas of focus — supply chain, environmental sustainability, digital acumen and a superior employee value equation.
In his annual letter to shareowners CEO Jon Moeller expressed his confidence in P&G’s people and reinforced our commitment to serving consumers:
“My confidence could not be higher in the collective ability of P&G people to deliver balanced growth and value creation to delight consumers, customers, employees, society and shareowners.”
To read Jon’s full letter, explore superiority across our categories, and learn more about our integrated strategy, which is driving growth and value creation at P&G, click here to read our 2025 Annual Report.
See www.pg.com/annualreport2025/ for the full 2025 Annual Report, including definitions of non-GAAP measures and reconciliation to the most closely related GAAP measure, as well as cautionary information on forward-looking statements, which are based on current assumptions and subject to risks and uncertainties that may cause actual results to differ materially.