# Procter & Gamble (PG) Forecast Calculator

Interactive five-year financial forecast and DCF for Procter & Gamble. Adjust revenue growth, margins, capex, and WACC to update revenue, free cash flow, and enterprise value.

- Canonical: https://finamodel.com/companies/procter-gamble/forecast
- Industry: Staples
- Forecast start year: 2026

## Historical data

| Year | Revenue | Free cash flow | EBITDA | Net income |
|---:|---:|---:|---:|---:|
| 2021 | 67684000000 | 11895000000 | 8311000000 | 3897000000 |
| 2022 | 70950000000 | 14330000000 | 18719000000 | 13027000000 |
| 2023 | 76118000000 | 15584000000 | 20721000000 | 14306000000 |
| 2024 | 80187000000 | 13567000000 | 20620000000 | 14742000000 |
| 2025 | 82006000000 | 13786000000 | 20848000000 | 14653000000 |

## Frequently asked questions

### What does Procter & Gamble (PG) do?

Procter & Gamble is a global consumer packaged goods corporation that provides branded daily-use products to consumers worldwide. The company focuses on categories where product performance drives brand choice, such as Fabric & Home Care, Baby, Feminine & Family Care, Beauty, Health Care, and Grooming.

### How does Procter & Gamble generate its revenue?

Procter & Gamble generates revenue across its five main business segments, with Fabric & Home Care being the largest contributor. Revenue growth is primarily driven by factors like volume growth, price/mix impact, and M&A activities, though it can be influenced by foreign exchange rates.

### What is Procter & Gamble's typical capital expenditure as a percentage of revenue?

Procter & Gamble's capital expenditure (Capex) as a percentage of revenue typically falls within the range of 4.0% to 5.0%, aligning with management guidance. This spending is approximately 60% for maintenance and 40% for growth initiatives, including supply chain improvements and automation.

### What are the key assumptions used in the Procter & Gamble financial model forecast?

The Procter & Gamble financial model forecast incorporates several key assumptions, including a revenue growth rate of approximately 4.9% and COGS as a percentage of revenue around 50.9%. Other significant assumptions include an SGA as a percentage of revenue of about 27.0% and a tax rate of roughly 21.7%.

### Can I download an Excel financial model for Procter & Gamble (PG)?

Yes, a comprehensive 3-statement forecast and DCF valuation model for Procter & Gamble (PG) is available for download. This model is designed to help equity research analysts evaluate the impact of various factors, such as pricing power and productivity savings, on core EPS and free cash flow generation.

### What is Procter & Gamble's net working capital profile?

Procter & Gamble exhibits a negative net working capital as a percentage of revenue, typically ranging from -5% to -10%. This indicates that the company leverages its substantial scale to extend supplier payment terms, allowing growth to generate cash from working capital.