P&G Announces Results for the Fourth Quarter and Fiscal Year 2025

Today P&G reported results for the fourth quarter and fiscal year end of 2025. Read our press release here.

“We grew sales and profit in fiscal 2025 and returned high levels of cash to shareowners in a dynamic, difficult and volatile environment,” said Jon Moeller, Chairman of the Board, President and Chief Executive Officer. “We've put in place strong plans to continue to deliver for all stakeholders in the current environment. In fiscal 2026, we expect to deliver another year of organic sales growth, Core EPS growth and strong adjusted free cash flow productivity. We remain committed to our integrated strategy — a focused product portfolio of daily use categories where performance drives brand choice, superiority — across product performance, packaging, brand communication, retail execution and consumer and customer value — productivity, constructive disruption and an agile and accountable organization, all aimed at delivering sustainable, balanced growth and value creation.”

For Fiscal Year, 2025:

• P&G grew sales and profit in fiscal 2025 and returned high levels of cash to shareowners in a dynamic, difficult and volatile environment.
• P&G reported fiscal year 2025 net sales of $84.3 billion, unchanged versus the prior year. A one percent increase due to higher pricing was offset by a one percent decrease from unfavorable foreign exchange impacts. All-in volume was unchanged versus prior year. Organic sales increased two percent.
• For FY2026, we expect to deliver another year of organic sales growth, Core EPS growth and strong adjusted free cash flow productivity.

We remain committed to the integrated growth strategy that has enabled strong results over the past six years, and that is the foundation for balanced growth and value creation.

• A focused portfolio of products in daily use categories where performance drives brand choice.
• Irresistible superiority across the 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 to fund investments in innovation, brand building and market growth, to mitigate cost and currency challenges, and to expand margins and generate cash.
• Constructive disruption of ourselves and our industry — 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.

For a deeper dive into the results announced today, read our press release. Slides and the webcast replay of earnings results are available at www.pginvestor.com/event.