Procter & Gamble

The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter, a British candlemaker, and James Gamble, an Irish soapmaker, P&G has grown from a small soap and candle business into one of the world's largest and most respected consumer goods companies, serving nearly 5 billion consumers globally.

P&G's extensive brand portfolio includes some of the world's most trusted household names across five main business segments: Fabric & Home Care (36% of 2024 revenues) featuring brands like Tide, Gain, Downy, Dawn, Febreze, and Mr. Clean; Baby, Feminine & Family Care (24% of revenues) including Pampers, Always, Tampax, Bounty, and Charmin; Health Care (14% of revenues) with Crest, Oral-B, Vicks, and Pepto-Bismol; Beauty (18% of revenues) encompassing Head & Shoulders, Pantene, Olay, and SK-II; and Grooming (8% of revenues) featuring Gillette and Venus. As of 2015, 21 of P&G's brands generate more than $1 billion in annual sales, with Pampers being the company's first and only $10 billion brand.

In fiscal year 2024, P&G reported net sales of $84.0 billion, representing 2% growth with organic sales increasing 4%. The company generated net income of $15.0 billion and diluted net earnings per share of $6.02. P&G's strong financial performance is supported by a high gross profit margin of 50.3% and an industry-leading operating profit margin of 23.2%, demonstrating exceptional pricing power and operational efficiency.

With approximately 108,000 employees worldwide, P&G operates on a global scale with significant market presence across numerous segments. The company maintains a strong competitive position against rivals including Unilever (with $60 billion in annual revenue), Johnson & Johnson, Colgate-Palmolive, L'Oréal, and Reckitt Benckiser. P&G's competitive advantages include its vast portfolio of well-known brands, global distribution network, innovation capabilities, and operational excellence.

P&G has demonstrated a long-term commitment to innovation and sustainability. The company achieved six consecutive years of at least 4% organic sales growth and continues to invest in research and development, with 525 industrial design registrations published in 2023, ranking second in the world in WIPO's annual World Intellectual Property Indicators. Recent innovations include Gemz, a water-activated haircare solution developed after 14 years of R&D, and the advanced Oral-B IO10 power toothbrush.

The company's sustainability initiatives are embedded across operations, supply chain, and brands, supported by four science-based pillars: climate, waste, water, and nature. P&G has already achieved a 60% reduction in Scope 1 and 2 greenhouse gas emissions since 2010 and sources more than 99% renewable electricity. The company has set ambitious goals including achieving 100% recyclable or reusable packaging by 2030, reflecting its commitment to environmental stewardship while maintaining business growth.