Procter & Gamble Company (PG)

Debt-to-equity ratio

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 52,284,000 52,272,000 51,168,000 51,840,000 50,286,000 50,058,000 48,534,000 47,692,000 46,777,000 45,140,000 44,455,000 44,075,000 46,589,000 45,478,000 44,618,000 46,111,000 46,378,000 46,596,000 48,181,000 48,182,000
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

June 30, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $52,284,000K
= 0.00

The provided data indicates that the debt-to-equity ratio for Procter & Gamble Company has remained at 0.00 across all reporting periods from September 30, 2020, through June 30, 2025. This consistent zero value suggests that the company has not reported any debt during this time span, implying that it has primarily financed its operations through equity rather than debt instruments.

A debt-to-equity ratio of zero typically indicates an absence of leverage, meaning the company does not rely on borrowed funds to support its assets or operational activities. This could point to a conservative capital structure with lower financial risk associated with debt obligations. It might also reflect that the company maintains substantial cash reserves or retained earnings to finance其 operations.

However, it is important to consider that such a uniform ratio over multiple fiscal periods could also be a result of accounting or reporting conventions, data limitations, or specific corporate strategies. It may suggest that Procter & Gamble has maintained an entirely equity-financed profile during this period, which is consistent with a stable and low-risk financial strategy.

Overall, based on the dataset, Procter & Gamble's debt-to-equity ratio being consistently at zero signifies a debt-free capital structure, emphasizing independence from external debt financing throughout the documented periods.


See also:

Procter & Gamble Company Debt to Equity (Quarterly Data)