Procter & Gamble Co (BSP:PGCO34) ROCE %

: 22.22% (As of Dec. 2023)

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ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Procter & Gamble Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 22.22%.

Procter & Gamble Co ROCE % Historical Data

The historical data trend for Procter & Gamble Co's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Procter & Gamble Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

7.60

21.59

20.51

21.69

22.15

Procter & Gamble Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																25.25	22.36	20.70	28.53	22.22

Procter & Gamble Co ROCE % Calculation

Procter & Gamble Co's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	92749.353	/	( ( (591630.822 - 166982.964)	+	(586467.717 - 173548.897) )	/ 2 )
	=	92749.353	/	( (424647.858	+	412918.82)	/ 2 )
	=	92749.353	/	418783.339
	=	22.15 %

Procter & Gamble Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	92978.604	/	( ( (605143.85 - 183512.215)	+	(591449.958 - 176147.81) )	/ 2 )
	=	92978.604	/	( ( 421631.635	+	415302.148 )	/ 2 )
	=	92978.604	/	418466.8915
	=	22.22 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Procter & Gamble Co (BSP:PGCO34) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Procter & Gamble Co ROCE % Related Terms

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Procter & Gamble Co (BSP:PGCO34) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

One Procter and Gamble Plaza, Cincinnati, OH, USA, 45202

Website

https://www.pginvestor.com

Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent just more than half of the firm's consolidated total.

Procter & Gamble Co (BSP:PGCO34) Headlines

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