Earnings quality
Compare earnings and operating cash flow for earnings quality.
The Procter & Gamble Company
Ticker PG · 🇺🇸 United States · Consolidated US GAAP · amounts in dollars
Filed 2026-08-04 · Period end 2018-06-30
Takeaway
Worth trackingSales and operating profit both moved in a healthier direction.
operating margin is 119.7%.
Sales and operating profit moved together — keep watching margins and whether the trend persists next period.
ActionWorth tracking
OP margin119.7%
Equity ratio—
Last priceUSD 159.32
Trailing P/E23.6×
Look at next
- Compare operating cash flow to reported profit across the last two years.
- Open English IR for management commentary on outlook and capital allocation.
- Overlay peers on Compare before judging relative momentum.
About the company
PROCTER & GAMBLE Co is a US-listed company with consolidated financial statements filed on SEC EDGAR.
Compare trends
Tel 5139831100 · As of filing date 2026-08-04
Financial statements
Income statement
| Account | FY2018 (ended Mar 31, 2018) | FY2018 (ended Jun 30, 2018) |
|---|---|---|
| Revenue | $16.3B | $16.5B |
| Cost of sales* | — | — |
| Gross profit | — | — |
| Operating profit | $20.5B | $19.7B |
| Income tax | $4.1B | $4.2B |
| Net income | $16.0B | $16.0B |
| Basic EPS | 6.67 | 6.75 |
Balance sheet
| Account | FY2018 (ended Mar 31, 2018) | FY2018 (ended Jun 30, 2018) |
|---|---|---|
| Cash & equivalents | $2.6B | $4.2B |
| Current assets | $25.4B | $26.2B |
| Non-current assets* | $99.8B | $100.3B |
| Total assets | $125.2B | $126.5B |
| Current liabilities | $36.1B | $38.7B |
| Non-current liabilities* | $36.9B | $33.5B |
| Total liabilities | $72.9B | $72.2B |
| Stockholders’ equity | — | — |
Cash flow statement
| Account | FY2018 (ended Mar 31, 2018) | FY2018 (ended Jun 30, 2018) |
|---|---|---|
| Operating cash flow | $17.8B | $19.6B |
| Investing cash flow | -$3.8B | -$4.6B |
| Financing cash flow | -$14.0B | -$14.5B |
| Cash at end of period | $2.6B | $4.2B |
Five-year trends
Key metrics
| Metric | Trend | FY2017 | FY2017 | FY2017 | FY2018 | FY2018 |
|---|---|---|---|---|---|---|
| Revenue | $16.1B | $16.7B | $17.4B | $16.3B | $16.5B | |
| Operating profit | $13.8B | $3.6B | $3.9B | $3.2B | $13.4B | |
| Net income | $15.3B | $2.9B | $2.5B | $2.5B | $9.8B | |
| Total assets | $120.4B | — | — | — | $118.3B | |
| Cash & equivalents | $5.6B | — | — | — | $2.6B |
How we read these numbers
From the notes
No material one-offs extracted from this filing.
Constructive
Sales and operating profit both moved in a healthier direction.
On the income statement, revenue moved from $16.3B to $16.5B (▲ +1.4%). Operating profit went from $20.5B to $19.7B (▼ -3.4%).
Operating cash flow was $19.6B (prior $17.8B), with cash on the balance sheet at $4.2B versus $2.6B.
Liquidity & leverage
Cash moved from $2.6B to $4.2B; current liabilities $38.7B.
Capital buffer
Stockholders’ equity moved from — to —.
Was this page helpful?
Source: SEC EDGAR 0000080424-26-000103
(PROCTER & GAMBLE Co), period end 2018-06-30.