Procter & Gamble annual free cash flow
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2026
Procter & Gamble Free Cash Flow (FCF) History (PG)
Procter & Gamble reported $15.15B in free cash flow for fiscal 2026, an increase of 7.85% from the previous fiscal year, with a free cash flow margin of 17.40%.
View full Procter & Gamble company overviewProcter & Gamble free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2026 | 2026-06-30 | $15.15B | $1.10B | +7.85% | +17.40% |
| 2025 | 2025-06-30 | $14.04B | −$2.48B | −15.01% | +16.66% |
| 2024 | 2024-06-30 | $16.52B | $2.74B | +19.86% | +19.66% |
| 2023 | 2023-06-30 | $13.79B | $219.0M | +1.61% | +16.81% |
| 2022 | 2022-06-30 | $13.57B | −$2.02B | −12.94% | +16.92% |
| 2021 | 2021-06-30 | $15.58B | $1.25B | +8.75% | +20.47% |
| 2020 | 2020-06-30 | $14.33B | $2.44B | +20.47% | +20.20% |
| 2019 | 2019-06-30 | $11.89B | $745.0M | +6.68% | +17.57% |
| 2018 | 2018-06-30 | $11.15B | $1.78B | +19.01% | +16.68% |
| 2017 | 2017-06-30 | $9.37B | −$2.75B | −22.70% | +14.40% |
| 2016 | 2016-06-30 | $12.12B | $1.25B | +11.49% | +18.56% |
| 2015 | 2015-06-30 | $10.87B | $762.0M | +7.54% | +15.37% |
| 2014 | 2014-06-30 | $10.11B | −$755.0M | −6.95% | +34.39% |
| 2013 | 2013-06-30 | $10.87B | $1.54B | +16.58% | +37.21% |
| 2012 | 2012-06-30 | $9.32B | −$704.0M | −7.02% | +32.82% |
| 2011 | 2011-06-30 | $10.02B | −$3.04B | −23.27% | +12.36% |
| 2010 | 2010-06-30 | $13.06B | $1.38B | +11.84% | +16.84% |
| 2009 | 2009-06-30 | $11.68B | −$281.0M | −2.35% | +15.23% |
| 2008 | 2008-06-30 | $11.96B | — | — | +15.09% |
Procter & Gamble quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q4 2026 | 2026-06-30 | $4.11B | $119.0M | +2.98% | +19.37% |
| Q3 2026 | 2026-03-31 | $3.03B | $180.0M | +6.32% | +14.25% |
| Q2 2026 | 2025-12-31 | $3.81B | −$95.0M | −2.44% | +17.13% |
| Q1 2026 | 2025-09-30 | $4.21B | $899.0M | +27.17% | +18.80% |
| Q4 2025 | 2025-06-30 | $3.99B | −$982.0M | −19.75% | +19.10% |
| Q3 2025 | 2025-03-31 | $2.85B | −$445.0M | −13.52% | +14.39% |
| Q2 2025 | 2024-12-31 | $3.90B | −$383.0M | −8.94% | +17.82% |
| Q1 2025 | 2024-09-30 | $3.31B | −$670.0M | −16.84% | +15.22% |
| Q4 2024 | 2024-06-30 | $4.97B | $364.0M | +7.90% | +24.21% |
| Q3 2024 | 2024-03-31 | $3.29B | $158.0M | +5.04% | +16.30% |
| Q2 2024 | 2023-12-31 | $4.28B | $1.42B | +49.44% | +19.98% |
| Q1 2024 | 2023-09-30 | $3.98B | $799.0M | +25.13% | +18.19% |
| Q4 2023 | 2023-06-30 | $4.61B | $1.59B | +52.50% | +22.42% |
| Q3 2023 | 2023-03-31 | $3.13B | $634.0M | +25.37% | +15.61% |
| Q2 2023 | 2022-12-31 | $2.87B | −$1.63B | −36.24% | +13.80% |
| Q1 2023 | 2022-09-30 | $3.18B | −$372.0M | −10.47% | +15.43% |
| Q4 2022 | 2022-06-30 | $3.02B | −$386.0M | −11.33% | +15.48% |
| Q3 2022 | 2022-03-31 | $2.50B | −$932.0M | −27.16% | +12.89% |
| Q2 2022 | 2021-12-31 | $4.50B | −$362.0M | −7.45% | +21.45% |
| Q1 2022 | 2021-09-30 | $3.55B | −$337.0M | −8.67% | +17.46% |
| Q4 2021 | 2021-06-30 | $3.41B | −$741.0M | −17.86% | +17.98% |
| Q3 2021 | 2021-03-31 | $3.43B | $98.0M | +2.94% | +18.95% |
| Q2 2021 | 2020-12-31 | $4.86B | $1.10B | +29.21% | +24.60% |
| Q1 2021 | 2020-09-30 | $3.89B | $799.0M | +25.86% | +20.13% |
| Q4 2020 | 2020-06-30 | $4.15B | $811.0M | +24.30% | +23.44% |
| Q3 2020 | 2020-03-31 | $3.33B | $568.0M | +20.54% | +19.36% |
| Q2 2020 | 2019-12-31 | $3.76B | $453.0M | +13.70% | +20.61% |
| Q1 2020 | 2019-09-30 | $3.09B | $603.0M | +24.25% | +17.36% |
| Q4 2019 | 2019-06-30 | $3.34B | $45.0M | +1.37% | +19.52% |
| Q3 2019 | 2019-03-31 | $2.77B | $322.0M | +13.18% | +16.80% |
| Q2 2019 | 2018-12-31 | $3.31B | $390.0M | +13.37% | +18.96% |
| Q1 2019 | 2018-09-30 | $2.49B | −$12.0M | −0.48% | +14.90% |
| Q4 2018 | 2018-06-30 | $3.29B | $758.0M | +29.91% | +19.95% |
| Q3 2018 | 2018-03-31 | $2.44B | $204.0M | +9.11% | +15.01% |
| Q2 2018 | 2017-12-31 | $2.92B | $661.0M | +29.31% | +16.76% |
| Q1 2018 | 2017-09-30 | $2.50B | $158.0M | +6.75% | +15.01% |
| Q4 2017 | 2017-06-30 | $2.53B | −$314.0M | −11.03% | +15.76% |
| Q3 2017 | 2017-03-31 | $2.24B | −$239.0M | −9.64% | +14.35% |
| Q2 2017 | 2016-12-31 | $2.25B | −$1.53B | −40.49% | +13.38% |
| Q1 2017 | 2016-09-30 | $2.34B | −$665.0M | −22.12% | +14.17% |
| Q4 2016 | 2016-06-30 | $2.85B | $134.0M | +4.94% | +17.69% |
| Q3 2016 | 2016-03-31 | $2.48B | −$254.0M | −9.30% | +15.73% |
| Q2 2016 | 2015-12-31 | $3.79B | $1.19B | +45.56% | +22.40% |
| Q1 2016 | 2015-09-30 | $3.01B | $183.0M | +6.48% | +18.19% |
| Q4 2015 | 2015-06-30 | $2.71B | −$551.0M | −16.88% | +16.40% |
| Q3 2015 | 2015-03-31 | $2.73B | −$433.0M | −13.68% | +16.14% |
| Q2 2015 | 2014-12-31 | $2.60B | $242.0M | +10.25% | +14.07% |
| Q1 2015 | 2014-09-30 | $2.82B | $1.50B | +114.03% | +15.04% |
| Q4 2014 | 2014-06-30 | $3.27B | $455.0M | +16.19% | — |
| Q3 2014 | 2014-03-31 | $3.17B | $200.0M | +6.75% | +16.11% |
| Q2 2014 | 2013-12-31 | $2.36B | −$764.0M | −24.45% | +11.19% |
| Q1 2014 | 2013-09-30 | $1.32B | −$646.0M | −32.88% | +6.33% |
| Q4 2013 | 2013-06-30 | $2.81B | $138.0M | +5.16% | — |
| Q3 2013 | 2013-03-31 | $2.96B | $32.0M | +1.09% | +14.39% |
| Q2 2013 | 2012-12-31 | $3.13B | $744.0M | +31.25% | +14.09% |
| Q1 2013 | 2012-09-30 | $1.97B | $631.0M | +47.30% | +9.47% |
| Q4 2012 | 2012-06-30 | $2.67B | $34.0M | +1.29% | — |
| Q3 2012 | 2012-03-31 | $2.93B | −$333.0M | −10.20% | +14.52% |
| Q2 2012 | 2011-12-31 | $2.38B | $194.0M | +8.87% | +10.95% |
| Q1 2012 | 2011-09-30 | $1.33B | −$599.0M | −30.99% | +6.20% |
| Q4 2011 | 2011-06-30 | $2.64B | $353.0M | +15.45% | +13.36% |
| Q3 2011 | 2011-03-31 | $3.27B | −$938.0M | −22.31% | +16.42% |
| Q2 2011 | 2010-12-31 | $2.19B | −$385.0M | −14.97% | +10.24% |
| Q1 2011 | 2010-09-30 | $1.93B | −$2.07B | −51.71% | +9.61% |
| Q4 2010 | 2010-06-30 | $2.29B | −$1.63B | −41.65% | +13.02% |
| Q3 2010 | 2010-03-31 | $4.20B | $658.0M | +18.56% | +21.92% |
| Q2 2010 | 2009-12-31 | $2.57B | $1.10B | +74.49% | +12.23% |
| Q1 2010 | 2009-09-30 | $4.00B | $1.26B | +45.83% | +20.21% |
| Q4 2009 | 2009-06-30 | $3.92B | — | — | +21.65% |
| Q3 2009 | 2009-03-31 | $3.55B | — | — | +19.85% |
| Q2 2009 | 2008-12-31 | $1.47B | — | — | +7.46% |
| Q1 2009 | 2008-09-30 | $2.75B | — | — | +13.08% |
Procter & Gamble free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $15.58B to $15.15B, a compound annual decline of 0.57%. Procter & Gamble's latest reported quarter, Q4 2026, generated $4.11B in free cash flow, an increase of 2.98% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Procter & Gamble filings at SEC.gov ↗