P&G Announces Results for Fiscal Year 2026

Today, P&G reported results for the fourth quarter and FY end.

“Fiscal 2026 was a year of foundation building while continuing to grow sales and profit and return high levels of cash to shareowners despite a very challenging geopolitical and economic environment,” said Shailesh Jejurikar, President and Chief Executive Officer. “In fiscal 2027, we expect to deliver progress on each of these key measures despite continued volatility. We believe the best path to sustainable, balanced growth is to double down on our strategy and put the consumer first in everything we do. Stronger, integrated execution to delight consumers with superior products at a superior value. We are confident in our plans to accelerate growth from semester-to-semester, and our investments will be funded with a strong productivity program. We are building momentum with consumers, and we are excited about the long-term opportunities ahead.”

For Fiscal Year 2026, we met our core objectives despite unexpected headwinds.

• Organic sales grew more than 1%.
• Growth was broad-based across categories and regions: 9 of 10 product categories held or grew organic sales; all regions held or grew organic sales.
• Core earnings per share were up 1%.
• Adjusted free cash flow productivity was 100%.
• We returned over $15 billion in cash to shareowners through over $10 billion in dividends and $5 billion in share repurchases.

In summary, FY 2026 was a year of progress and foundational work to enable accelerated future growth.

We continue to believe the best path to sustainable, balanced growth is to double-down on the strategy. Stronger, integrated execution to delight consumers with superior products at a superior value. We’re driving interventions to improve near-term results, and we are building the technical and operational capabilities to create the CPG company of the future. Our investments for growth will be balanced and funded with a strong productivity program.

For a deeper dive into the results announced today, read our press release. Slides and the webcast replay of earnings results are available at the P&G Investor Event page.