Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Procter & Gamble Co. (NYSE:PG)

Common-Size Income Statement

Beginner level

Procter & Gamble Co., common-size consolidated income statement

Microsoft Excel LibreOffice Calc
12 months ended: Jun 30, 2020 Jun 30, 2019 Jun 30, 2018 Jun 30, 2017 Jun 30, 2016 Jun 30, 2015
Net sales 100.00 100.00 100.00 100.00 100.00 100.00
Cost of products sold -49.68 -51.37 -51.27 -50.01 -50.40 -50.97
Gross profit 50.32% 48.63% 48.73% 49.99% 49.60% 49.03%
Selling, general and administrative expense -28.18 -28.20 -28.21 -28.54 -29.02 -30.92
Goodwill and indefinite-lived intangible asset impairment charges 0.00 -12.33 0.00 0.00 0.00 0.00
Venezuela deconsolidation charge 0.00 0.00 0.00 0.00 0.00 -2.66
Operating income 22.14% 8.11% 20.52% 21.45% 20.58% 15.46%
Interest expense -0.66 -0.75 -0.76 -0.71 -0.89 -0.82
Interest income 0.22 0.33 0.37 0.26 0.28 0.20
Other non-operating income (expense), net 0.62 1.29 -0.19 -0.62 0.50 0.70
Earnings from continuing operations before income taxes 22.32% 8.97% 19.94% 20.38% 20.47% 15.53%
Income taxes on continuing operations -3.85 -3.11 -5.18 -4.71 -5.12 -3.82
Net earnings from continuing operations 18.47% 5.86% 14.75% 15.67% 15.36% 11.71%
Net earnings (loss) from discontinued operations 0.00 0.00 0.00 8.02 0.88 -2.34
Net earnings 18.47% 5.86% 14.75% 23.69% 16.24% 9.37%
Net earnings attributable to noncontrolling interests -0.11 -0.10 -0.17 -0.13 -0.15 -0.14
Net earnings attributable to Procter & Gamble 18.36% 5.76% 14.59% 23.56% 16.09% 9.22%
Preferred dividends, net of tax -0.37 -0.39 -0.40 -0.38 -0.39 -0.34
Net earnings attributable to P&G available to common shareholders 17.99% 5.37% 14.19% 23.18% 15.70% 8.88%

Based on: 10-K (filing date: 2020-08-06), 10-K (filing date: 2019-08-06), 10-K (filing date: 2018-08-07), 10-K (filing date: 2017-08-07), 10-K (filing date: 2016-08-09), 10-K (filing date: 2015-08-07).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Procter & Gamble Co.’s operating income as a percentage of net sales decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level.
Earnings from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Procter & Gamble Co.’s earnings from continuing operations before income taxes as a percentage of net sales decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level.
Net earnings attributable to Procter & Gamble The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Procter & Gamble Co.’s net earnings attributable to Procter & Gamble as a percentage of net sales decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level.