Coronavirus Update: Our team is here to help our clients and readers navigate these difficult times. Visit our Resources page now »

Skip to Main Content
The Procter & Gamble Company logo

The Procter & Gamble Company
Related Internships: 
P&G Internship and Co-Op Program, Procter & Gamble Internship

 Save

2019 Vault Rankings

At a Glance

Uppers

Flexible work schedules.

Lots of training opportunities.

Downers

Long hours for many people.

The Bottom Line

Procter & Gamble Company offers hard-working employees a lot of opportunities to improve their skills and climb the ladder.

About The Procter & Gamble Company

The Procter & Gamble Company (P&G) boasts billion-dollar brands for home and health. The world's largest maker of consumer packaged goods divides its business into five global segments that comprise its vast portfolio of hair, skin and personal, oral, family, feminine, fabric care, grooming, and baby care product lines. Its nearly 35 brands include Bounce, Crest, Gillette, Pampers, Pepto Bismol, Puffs, Old Spice, Swiffer, and Tide. Fabric and home care is P&G's leading product category, accounting for about a third of sales. The company sells products in 180-plus countries, although the US is its largest market.

Operations

P&G operates its business globally through five segments: Fabric & Home Care (nearly 35); Baby, Feminine & Family Care (some 25%); Beauty (nearly 20%); Health Care (more than 10%); and Grooming (about 10%). Taken together, the segments include everything from laundry additives and air fresheners to diapers and digestive aids as well as deodorant, toothpaste, shampoo, and razors.

The company's market-leading brands include Tide, Ariel, Gain,and Downy in Fabric & Home Care; Pampers, Always, and Bounty in Baby, Feminine & Family Care; Olay, Pantene, and Head & Shoulders in Beauty; Vicks, Metamucil, and Pepto Bismol in Health Care; and Gillette, Fusion, and Venus in Grooming.

Geographic Reach

P&G has operations in some 70 countries worldwide and markets its products in more than 180 countries. It generates about 45% of its revenue from business in the US and Canada. P&G's remaining revenue comes International businesses.

To support its operations, the Cincinnati, Ohio-based company owns some two dozen manufacturing sites across more than 15 US states. Additionally, it owns about 85 production facilities in 35-plus other countries.

P&G's primary regional general offices are located in Switzerland, Panama, Singapore, Dubai, and China while its primary regional shared service centers are in Costa Rica, the UK, and the Philippines.

Sales and Marketing

P&G sells its products worldwide through mass merchandisers, e-commerce, grocery stores, membership club stores, drug stores, department stores, distributors, wholesalers, baby stores, specialty beauty stores (including airport duty-free stores), high-frequency stores, pharmacies, electronics stores and professional channels. These customers sell their products to individual consumers. The company also sell directly to consumers. Sales to Walmart and its affiliates account for about 15% of total revenue. Its top ten customers accounted for nearly 40% of its total sales.

The company reported advertising expenses of $7.3 billion in 2020, $6.8 billion in fiscal 2019, and $7.1 billion in 2018.

Financial Performance

Except in 2017 when P&G's revenue had a slight decrease, the past five years showed a steady growth. Income shows a trend of growth every two years followed by a decline in profit the next two years.

In fiscal 2020, the company reported a revenue of $71 billion, up 5% from the prior year. Growth in revenue was driven by a double digit increase in Health Care, a high single digit increase in Fabric & Home Care, a mid-single digit increase in Beauty and a low single digit increase in Baby, Feminine & Family Care.

Net earnings jumped 234% to $13 billion that year. The increase was due to higher sales, increase in operating margin, and reduction in tax rates.

Cash at the end of fiscal 2020 was $16.2 billion, an increase of $11.9 billion from the prior year. Cash from operations contributed $17.4 billion to the coffers, while investing activities contributed $3 billion, mainly from proceeds from sales and maturities of investment securities. Financing activities used $8.4 billion for dividends to stockholders and treasury stock purchases.

Strategy

P&G's growth strategy is to deliver meaningful and noticeable superiority in all elements of its consumer proposition - product, packaging, brand communication, retail execution and consumer and customer value equation.

The Company uses its research and development and consumer insights to provide superior products and packaging. It utilizes its marketing and online presence to deliver superior brand messaging to its consumers. P&G work collaboratively with its customers to deliver superior retail execution, both in-store and online. In conjunction with the above elements, it provides superior value to consumers and retail customers in each price tier in which it competes.

Productivity improvement is also critical to delivering its balanced top- and bottom-line growth and value creation objectives. The Company is improving its operational effectiveness and organizational culture through enhanced clarity of roles and responsibilities, accountability and incentive compensation programs.

P&G believes these strategies are right for the long-term health of the Company and its objective of delivering total shareholder return in the top one-third of their peer group.

Mergers and Acquisitions

In one of its biggest acquisitions in years, P&G in 2019 bought the consumer health unit of Merck KGaA for $3.7 billion. The purchase adds vitamins and supplements including the Seven Seas brand and expands the company's operations in Latin America and Asia. As part of the deal, P&G purchased a majority stake in Merck's Indian consumer health operations.

Company Background

Candle maker William Procter and soap maker James Gamble merged their small Cincinnati businesses in 1837, creating The Procter & Gamble Company (P&G). It incorporated in 1890 and went public on the New York Stock Exchange the following year.

 

The Procter & Gamble Company

1 Procter and Gamble Plz
Cincinnati, OH 45202-3393
Phone: 1 (513) 983-1100

Firm Stats

Employer Type: Publicly Owned
Stock Symbol: PG
Stock Exchange: , NYSE
CIO: Linda W. Clement-Holmes
Vice Chairman and CFO: Jon R. Moeller
Chairman, President, and CEO: David S. Taylor
Employees (This Location): 277
Employees (All Locations): 99,000

Major Office Locations

Cincinnati, OH

Other Locations

Birmingham, AL
Vestavia, AL
Fayetteville, AR
Phoenix, AZ
Scottsdale, AZ
Anaheim, CA
Beverly Hills, CA
Canoga Park, CA
Ceres, CA
City Of Industry, CA
Costa Mesa, CA
Irvine, CA
Los Angeles, CA
Oxnard, CA
Palm Desert, CA
Palo Alto, CA
Pleasanton, CA
Rancho Cucamonga, CA
Roseville, CA
Sacramento, CA
San Diego, CA
San Francisco, CA
San Ramon, CA
Venice, CA
Bethel, CT
Danbury, CT
Farmington, CT
Washington, DC
Dover, DE
Boca Raton, FL
Jacksonville, FL
Miami, FL
Orlando, FL
Palm Beach Gardens, FL
Sunrise, FL
Tampa, FL
Albany, GA
Atlanta, GA
Augusta, GA
Lagrange, GA
Sharpsburg, GA
Des Moines, IA
Iowa City, IA
West Branch, IA
Chicago, IL
Lombard, IL
Marengo, IL
North Chicago, IL
Oak Brook, IL
Rosemont, IL
Kansas City, KS
Lexington, KY
Baton Rouge, LA
Pineville, LA
Andover, MA
Ayer, MA
Boston, MA
Newton, MA
Belcamp, MD
Bethesda, MD
Cockeysville, MD
Auburn, ME
Troy, MI
Eden Prairie, MN
Minneapolis, MN
Hematite, MO
Jackson, MO
Kansas City, MO
Saint Louis, MO
Browns Summit, NC
Charlotte, NC
Greensboro, NC
Henderson, NC
Aurora, NE
Avenel, NJ
Freehold, NJ
Paramus, NJ
East Greenbush, NY
New York, NY
White Plains, NY
Blue Ash, OH
Cincinnati, OH
Grove City, OH
Inwood, OH
Lima, OH
Mason, OH
Oregonia, OH
Union, OH
West Chester, OH
Edmond, OK
Norman, OK
King Of Prussia, PA
Mehoopany, PA
Pittsburgh, PA
Tunkhannock, PA
Charleston, SC
Nashville, TN
Austin, TX
Dallas, TX
Frisco, TX
San Antonio, TX
The Woodlands, TX
Bear River City, UT
Farmington, UT
Bellevue, WA
Issaquah, WA
Seattle, WA
Tacoma, WA
Campbellsport, WI
Green Bay, WI
Wauwatosa, WI
Belleville, Canada
Brantford, Canada
Brockville, Canada
Calgary, Canada
Etobicoke, Canada
Montréal, Canada
North York, Canada
Saint-Laurent, Canada
Sorel-Tracy, Canada
Thornhill, Canada
Aspropyrgos, Greece
Apaseo El Grande, Mexico
Ciudad De Mexico, Mexico
Naucalpan, Mexico
Tepeji Del Río, Mexico
Oslo, Norway
Panama City, Panama
Bruxelles, Belgium
Espoo, Finland
Groß-Gerau, Germany
Newbridge, Ireland
Singapore, Singapore
Taguig, Philippines
Petit-Lancy, Switzerland