Procter & Gamble Company (PG)
Total asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 84,284,000 | 84,039,000 | 82,006,000 | 80,187,000 | 76,118,000 |
| Total assets | US$ in thousands | 125,231,000 | 122,370,000 | 120,829,000 | 117,208,000 | 119,307,000 |
| Total asset turnover | 0.67 | 0.69 | 0.68 | 0.68 | 0.64 |
June 30, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $84,284,000K ÷ $125,231,000K
= 0.67
The total asset turnover ratio for Procter & Gamble has demonstrated a relatively stable trend over the observed period, with modest fluctuations between June 30, 2021, and June 30, 2025. Specifically, the ratio commenced at 0.64 in 2021 and increased to 0.68 in 2022, maintaining this level through 2023. By June 30, 2024, the ratio experienced a slight increase to 0.69, representing a marginal improvement in the company's efficiency in generating sales from its total assets. In 2025, there was a slight decrease to 0.67, though it remained near the peak level observed in 2024.
Overall, the trend indicates a generally consistent utilization of assets to produce revenue, with small incremental improvements observed in 2022 and 2024. The maintained stability suggests efficient asset management without significant fluctuations, which is characteristic of a mature, well-established consumer goods enterprise like Procter & Gamble. The minor variations reflect typical operational adjustments rather than structural changes in asset utilization.