Procter & Gamble annual net debt
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2026
Procter & Gamble Net Debt Growth & History (PG)
Procter & Gamble's net debt was $25.08B for fiscal 2026.
View full Procter & Gamble company overviewProcter & Gamble annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-06-30 | $25.08B | −$825.0M | −3.18% |
| 2025 | 2025-06-30 | $25.91B | $2.02B | +8.46% |
| 2024 | 2024-06-30 | $23.89B | −$3.29B | −12.11% |
| 2023 | 2023-06-30 | $27.18B | $2.10B | +8.37% |
| 2022 | 2022-06-30 | $25.08B | $2.75B | +12.31% |
| 2021 | 2021-06-30 | $22.33B | $3.14B | +16.36% |
| 2020 | 2020-06-30 | $19.19B | −$6.66B | −25.77% |
| 2019 | 2019-06-30 | $25.85B | −$2.86B | −9.97% |
| 2018 | 2018-06-30 | $28.72B | $2.69B | +10.35% |
| 2017 | 2017-06-30 | $26.02B | $3.52B | +15.66% |
| 2016 | 2016-06-30 | $22.50B | −$1.01B | −4.29% |
| 2015 | 2015-06-30 | $23.51B | −$3.36B | −12.51% |
| 2014 | 2014-06-30 | $26.87B | $1.26B | +4.90% |
| 2013 | 2013-06-30 | $25.61B | $271.0M | +1.07% |
| 2012 | 2012-06-30 | $25.34B | −$4.31B | −14.54% |
| 2011 | 2011-06-30 | $29.65B | $2.30B | +8.40% |
| 2010 | 2010-06-30 | $27.35B | −$5.23B | −16.05% |
| 2009 | 2009-06-30 | $32.58B | — | — |
Procter & Gamble quarterly net debt
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Q4.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-06-30 | $25.08B | −$825.0M | −3.18% |
| Q3 2026 | 2026-03-31 | $24.72B | −$305.0M | −1.22% |
| Q2 2026 | 2025-12-31 | $25.81B | $1.36B | +5.55% |
| Q1 2026 | 2025-09-30 | $24.77B | $778.0M | +3.24% |
| Q4 2025 | 2025-06-30 | $25.91B | $2.02B | +8.46% |
| Q3 2025 | 2025-03-31 | $25.02B | −$129.0M | −0.51% |
| Q2 2025 | 2024-12-31 | $24.46B | −$1.36B | −5.29% |
| Q1 2025 | 2024-09-30 | $24.00B | −$2.15B | −8.22% |
| Q4 2024 | 2024-06-30 | $23.89B | −$3.29B | −12.11% |
| Q3 2024 | 2024-03-31 | $25.15B | −$3.84B | −13.25% |
| Q2 2024 | 2023-12-31 | $25.82B | −$2.21B | −7.87% |
| Q1 2024 | 2023-09-30 | $26.15B | −$146.0M | −0.56% |
| Q4 2023 | 2023-06-30 | $27.18B | $2.10B | +8.37% |
| Q3 2023 | 2023-03-31 | $29.00B | $3.85B | +15.32% |
| Q2 2023 | 2022-12-31 | $28.03B | $3.92B | +16.26% |
| Q1 2023 | 2022-09-30 | $26.29B | $4.12B | +18.56% |
| Q4 2022 | 2022-06-30 | $25.08B | $2.75B | +12.31% |
| Q3 2022 | 2022-03-31 | $25.14B | $5.32B | +26.86% |
| Q2 2022 | 2021-12-31 | $24.11B | $4.95B | +25.84% |
| Q1 2022 | 2021-09-30 | $22.18B | $3.91B | +21.43% |
| Q4 2021 | 2021-06-30 | $22.33B | $3.14B | +16.36% |
| Q3 2021 | 2021-03-31 | $19.82B | −$1.69B | −7.85% |
| Q2 2021 | 2020-12-31 | $19.16B | −$3.63B | −15.92% |
| Q1 2021 | 2020-09-30 | $18.26B | −$2.84B | −13.45% |
| Q4 2020 | 2020-06-30 | $19.19B | −$6.66B | −25.77% |
| Q3 2020 | 2020-03-31 | $21.51B | −$6.02B | −21.88% |
| Q2 2020 | 2019-12-31 | $22.79B | −$7.14B | −23.87% |
| Q1 2020 | 2019-09-30 | $21.10B | −$7.64B | −26.58% |
| Q4 2019 | 2019-06-30 | $25.85B | −$2.86B | −9.97% |
| Q3 2019 | 2019-03-31 | $27.53B | −$2.44B | −8.14% |
| Q2 2019 | 2018-12-31 | $29.93B | −$370.0M | −1.22% |
| Q1 2019 | 2018-09-30 | $28.74B | −$448.0M | −1.53% |
| Q4 2018 | 2018-06-30 | $28.72B | $2.69B | +10.35% |
| Q3 2018 | 2018-03-31 | $29.97B | $5.38B | +21.86% |
| Q2 2018 | 2017-12-31 | $30.30B | $6.88B | +29.40% |
| Q1 2018 | 2017-09-30 | $29.19B | $5.52B | +23.33% |
| Q4 2017 | 2017-06-30 | $26.02B | $3.52B | +15.66% |
| Q3 2017 | 2017-03-31 | $24.60B | −$323.0M | −1.30% |
| Q2 2017 | 2016-12-31 | $23.42B | $1.29B | +5.84% |
| Q1 2017 | 2016-09-30 | $23.67B | $887.0M | +3.89% |
| Q4 2016 | 2016-06-30 | $22.50B | −$1.01B | −4.29% |
| Q3 2016 | 2016-03-31 | $24.92B | $855.0M | +3.55% |
| Q2 2016 | 2015-12-31 | $22.12B | −$4.13B | −15.72% |
| Q1 2016 | 2015-09-30 | $22.78B | −$2.96B | −11.51% |
| Q4 2015 | 2015-06-30 | $23.51B | −$3.36B | −12.51% |
| Q3 2015 | 2015-03-31 | $24.07B | −$4.12B | −14.61% |
| Q2 2015 | 2014-12-31 | $26.25B | −$2.43B | −8.47% |
| Q1 2015 | 2014-09-30 | $25.75B | −$2.91B | −10.16% |
| Q4 2014 | 2014-06-30 | $26.87B | $1.26B | +4.90% |
| Q3 2014 | 2014-03-31 | $28.18B | $1.84B | +6.97% |
| Q2 2014 | 2013-12-31 | $28.68B | $1.90B | +7.08% |
| Q1 2014 | 2013-09-30 | $28.66B | $2.08B | +7.84% |
| Q4 2013 | 2013-06-30 | $25.61B | $271.0M | +1.07% |
| Q3 2013 | 2013-03-31 | $26.35B | −$2.77B | −9.53% |
| Q2 2013 | 2012-12-31 | $26.78B | −$2.19B | −7.56% |
| Q1 2013 | 2012-09-30 | $26.57B | −$3.69B | −12.20% |
| Q4 2012 | 2012-06-30 | $25.34B | −$4.31B | −14.54% |
| Q3 2012 | 2012-03-31 | $29.12B | $647.0M | +2.27% |
| Q2 2012 | 2011-12-31 | $28.97B | −$252.0M | −0.86% |
| Q1 2012 | 2011-09-30 | $30.27B | −$107.0M | −0.35% |
| Q4 2011 | 2011-06-30 | $29.65B | $2.30B | +8.40% |
| Q3 2011 | 2011-03-31 | $28.47B | $3.40B | +13.55% |
| Q2 2011 | 2010-12-31 | $29.23B | $3.27B | +12.59% |
| Q1 2011 | 2010-09-30 | $30.37B | $1.27B | +4.37% |
| Q4 2010 | 2010-06-30 | $27.35B | −$5.23B | −16.05% |
| Q3 2010 | 2010-03-31 | $25.08B | — | — |
| Q2 2010 | 2009-12-31 | $25.96B | — | — |
| Q1 2010 | 2009-09-30 | $29.10B | — | — |
| Q4 2009 | 2009-06-30 | $32.58B | — | — |
Procter & Gamble net debt trends
Over the last five fiscal years, Procter & Gamble's net debt increased from $22.33B to $25.08B, a change of $2.75B. The latest reported quarter, Q4 2026, shows $25.08B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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