Procter & Gamble Company (PG)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 125,231,000 | 122,984,000 | 122,639,000 | 126,482,000 | 122,370,000 | 119,598,000 | 120,709,000 | 122,531,000 | 120,829,000 | 119,851,000 | 117,715,000 | 116,282,000 | 117,208,000 | 120,217,000 | 121,416,000 | 119,669,000 | 119,307,000 | 116,778,000 | 120,112,000 | 119,899,000 |
| 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 |
| Financial leverage ratio | 2.40 | 2.35 | 2.40 | 2.44 | 2.43 | 2.39 | 2.49 | 2.57 | 2.58 | 2.66 | 2.65 | 2.64 | 2.52 | 2.64 | 2.72 | 2.60 | 2.57 | 2.51 | 2.49 | 2.49 |
June 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $125,231,000K ÷ $52,284,000K
= 2.40
The financial leverage ratio of Procter & Gamble Company over the analyzed period demonstrates a generally stable pattern with minor fluctuations. Starting at 2.49 as of September 30, 2020, the ratio remained constant into December 2020. Subsequently, slight increases are observed through 2021, peaking at 2.72 on December 31, 2021. During 2022, the ratio gradually declined from a high of 2.64 in March 2022 to a low of 2.52 in June 2022, then returned to approximately 2.64 by September 2022 and stabilized around 2.65 at the end of 2022.
In 2023, the ratio trended downward, reaching a low of 2.39 in March, before increasing slightly again to 2.58 in June and maintaining around 2.57 through September. The decline continued into 2024, with the ratio dropping further to approximately 2.40 by December 2024. In the subsequent period ending March 2025, the ratio settled at 2.35, slightly decreasing from the previous quarter, while subsequent measurements indicate minor upticks to around 2.40 in June 2025.
Overall, the data suggest that Procter & Gamble has maintained a relatively stable financial leverage ratio over the examined period, with oscillations within a narrow range roughly between 2.35 and 2.72. The general trend indicates cautious management of leverage, with no significant or sustained deviations from this range, reflecting a consistent approach to capital structure and debt levels.
See also:
Procter & Gamble Company Financial Leverage (Quarterly Data)