Edwyn
Over the past five years, Procter & Gamble’s income statement reveals a stable performance with modest revenue growth and consistent profitability. Revenue increased gradually from USD 76,118 million in 2021 to USD 84,284 million in 2025, reflecting gradual market expansion. Gross profit, however, exhibited some volatility; after a slight contraction from USD 39,010 million in 2021 to USD 38,030 million in 2022, it rebounded to reach USD 43,191 million in 2024 before stabilizing around the same level in 2025. These fluctuations could be related to changes in cost structures or competitive pricing pressures, but no extreme swings (>20%) were observed. Operating income also followed a similar trend, remaining relatively flat until a notable jump from USD 18,545 million in 2024 to USD 20,451 million in 2025, suggesting improved cost management or operational efficiency gains in the later period. Net income grew modestly from USD 14,306 million in 2021 to USD 15,974 million in 2025, with slight dips in 2023 being offset by recovery in subsequent years. Despite some year-over-year volatility in gross profit and operating income, the overall trend indicates a resilient performance typical of a mature consumer staples company. Procter & Gamble’s diversified product portfolio and strong market presence likely contributed to maintaining margins and consistent profitability. These consistent improvements, along with well-managed operational costs, support an assessment of sound financial health and a sustainable outlook, even in a competitive and economically dynamic industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.