Cash Flow Statement
Quarterly Data
The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.
The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.
Paying user area
Try for free
Procter & Gamble Co. pages available for free this week:
- Analysis of Long-term (Investment) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Analysis of Geographic Areas
- Enterprise Value to EBITDA (EV/EBITDA)
- Enterprise Value to FCFF (EV/FCFF)
- Selected Financial Data since 2005
- Net Profit Margin since 2005
- Price to Earnings (P/E) since 2005
- Price to Sales (P/S) since 2005
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Procter & Gamble Co. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Procter & Gamble Co., consolidated cash flow statement (quarterly data)
US$ in millions
Based on: 10-K (reporting date: 2026-06-30), 10-Q (reporting date: 2026-03-31), 10-Q (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-K (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-Q (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-K (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30).
The cash flow profile exhibits a consistent capacity for generating strong liquidity from core operations, which is subsequently utilized to fund capital expenditures and substantial shareholder distributions. Operating cash flows remain robust across the observed period, typically ranging between 3.2 billion and 5.7 billion US dollars per quarter, consistently exceeding net earnings due to the additive effect of depreciation and amortization.
- Operating Cash Flow Dynamics
- Net earnings demonstrate a stable trend, generally fluctuating between 3 billion and 4.8 billion US dollars. A notable trend is the consistency of depreciation and amortization, which has gradually increased from approximately 670 million US dollars in 2020 to over 800 million US dollars by mid-2026. Working capital changes show significant volatility, particularly in accounts payable and operating assets and liabilities, which creates periodic swings in the total cash provided by operating activities.
- Investment Strategy and Capital Expenditure
- Capital expenditures are maintained as a steady quarterly outflow, trending upward from an average of 700 million US dollars in the early period to approximately 1 billion US dollars or more in the most recent quarters. Investing activities are predominantly negative, reflecting a disciplined approach to asset replacement and occasional strategic acquisitions, such as the significant outflow observed in early 2022. Proceeds from asset sales remain minimal relative to total investment spending.
- Financing and Shareholder Returns
- There is a clear upward trajectory in dividend payments, which grew from roughly 2 billion US dollars per quarter in 2020 to over 2.6 billion US dollars by 2026. Treasury stock purchases exhibit high variability, with aggressive buyback periods alternating with quarters of reduced spending. Financing activities are almost exclusively negative, indicating that the company uses its operating cash and periodic debt issuance to fund dividends and share repurchases.
- Debt Management and Liquidity
- The company employs an active debt management strategy, characterized by frequent additions and reductions in both short-term and long-term debt. Large-scale reductions in short-term debt are often offset by corresponding additions, suggesting a revolving approach to liquidity. The net change in cash varies significantly quarter-to-quarter, driven primarily by the timing of debt repayments and the scale of share repurchases rather than operational instability.