Procter & Gamble Company (PG)
Return on total capital
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 19,395,000 | 19,975,000 | 19,659,000 | 19,920,000 | 19,024,000 | 18,318,000 | 18,003,000 | 18,349,000 | 18,383,000 | 18,303,000 | 18,138,000 | 17,799,000 | 18,071,000 | 18,024,000 | 17,579,000 | 17,198,000 | 16,223,000 | 7,633,000 | 7,453,000 | 6,879,000 |
| Long-term debt | US$ in thousands | 25,269,000 | 24,253,000 | 23,096,000 | 24,069,000 | 24,378,000 | 22,874,000 | 20,582,000 | 21,286,000 | 22,848,000 | 23,767,000 | 22,322,000 | 20,558,000 | 23,099,000 | 21,053,000 | 22,514,000 | 23,948,000 | 23,537,000 | 23,310,000 | 18,985,000 | 20,161,000 |
| Total stockholders’ equity | US$ in thousands | 50,559,000 | 50,334,000 | 48,829,000 | 48,014,000 | 47,065,000 | 45,421,000 | 44,725,000 | 44,334,000 | 46,854,000 | 45,746,000 | 44,893,000 | 46,408,000 | 46,654,000 | 46,919,000 | 48,540,000 | 48,576,000 | 46,878,000 | 45,941,000 | 45,908,000 | 46,984,000 |
| Return on total capital | 25.58% | 26.78% | 27.33% | 27.63% | 26.63% | 26.82% | 27.57% | 27.96% | 26.37% | 26.33% | 26.99% | 26.58% | 25.91% | 26.52% | 24.74% | 23.71% | 23.04% | 11.02% | 11.49% | 10.24% |
June 30, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $19,395,000K ÷ ($25,269,000K + $50,559,000K)
= 25.58%
Procter & Gamble Company has shown a consistent trend of return on total capital over the past five years. The return on total capital has been above 25% for most quarters, indicating the company's ability to generate significant profits from its invested capital. There was a slight dip in the return on total capital in the last quarter of 2020, but the company managed to improve and maintain a strong return in subsequent quarters.
Overall, the return on total capital for Procter & Gamble Company has been stable and relatively high, demonstrating efficient utilization of capital resources to generate earnings for the shareholders. This consistently strong performance reflects positively on the company's financial health and operational effectiveness in driving profitability.
Peer comparison
Jun 30, 2024