PROCTER & GAMBLE Co
PROCTER & GAMBLE Co returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
The reported inputs required for this metric are unavailable in the extracted statements for this period.
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q4 | Jun 30, 2026 | — | 22.31% | — | — | 12.75% | — |
| FY 2026 Q3 | Mar 31, 2026 | — | 22.53% | — | — | 13.22% | — |
| FY 2026 Q2 | Dec 31, 2025 | — | 22.44% | — | — | 13.17% | — |
| FY 2026 Q1 | Sep 30, 2025 | — | 22.83% | — | — | 13.2% | — |
| FY 2025 Q4 | Jun 30, 2025 | — | 22.99% | — | — | 12.9% | — |
| FY 2025 Q3 | Mar 31, 2025 | — | 22.71% | — | — | 12.78% | — |
| FY 2025 Q2 | Dec 31, 2024 | — | 22.91% | — | — | 12.72% | — |
| FY 2025 Q1 | Sep 30, 2024 | — | 21.18% | — | — | 11.5% | — |
| FY 2024 Q4 | Jun 30, 2024 | — | 21.34% | — | — | 12.24% | — |
| FY 2024 Q3 | Mar 31, 2024 | — | 22.26% | — | — | 12.63% | — |
| FY 2024 Q2 | Dec 31, 2023 | — | 22.73% | — | — | 12.39% | — |
| FY 2024 Q1 | Sep 30, 2023 | — | 22.98% | — | — | 12.76% | — |
| FY 2023 Q4 | Jun 30, 2023 | — | 21.43% | — | — | 12.31% | — |
| FY 2023 Q3 | Mar 31, 2023 | — | 20.96% | — | — | 11.93% | — |
| FY 2023 Q2 | Dec 31, 2022 | — | 21.37% | — | — | 11.94% | — |
| FY 2023 Q1 | Sep 30, 2022 | — | 21.79% | — | — | 12.35% | — |
| FY 2022 Q4 | Jun 30, 2022 | — | 20.92% | — | — | 12.47% | — |
| FY 2022 Q3 | Mar 31, 2022 | — | 20.82% | — | — | 12.32% | — |
| FY 2022 Q2 | Dec 31, 2021 | — | 20.4% | — | — | 12.02% | — |
| FY 2022 Q1 | Sep 30, 2021 | — | 20.5% | — | — | 11.81% | — |
| FY 2021 Q4 | Jun 30, 2021 | — | 20.69% | — | — | 11.92% | — |
| FY 2021 Q3 | Mar 31, 2021 | — | 21.04% | — | — | 12.09% | — |
| FY 2021 Q2 | Dec 31, 2020 | — | 20.71% | — | — | 12.01% | — |
| FY 2021 Q1 | Sep 30, 2020 | — | 19.23% | — | — | 11.8% | — |
| FY 2020 Q4 | Jun 30, 2020 | — | 18.18% | — | — | 11.05% | — |
| FY 2020 Q3 | Mar 31, 2020 | — | 7.86% | — | — | 4.23% | — |
| FY 2020 Q2 | Dec 31, 2019 | — | 7.83% | — | — | 4.13% | — |
| FY 2020 Q1 | Sep 30, 2019 | — | 7.19% | — | — | 3.73% | — |
| FY 2019 Q4 | Jun 30, 2019 | 4.63% | 6.27% | — | — | 3.34% | -3.1 pp |
| FY 2019 Q3 | Mar 31, 2019 | — | 14.29% | — | — | 8.98% | — |
| FY 2019 Q2 | Dec 31, 2018 | — | 14.44% | — | — | 8.64% | — |
| FY 2019 Q1 | Sep 30, 2018 | — | 14.92% | — | — | 8.37% | — |
| FY 2018 Q4 | Jun 30, 2018 | 12.42% | 15.21% | — | — | 8.17% | 4.7 pp |
| FY 2018 Q3 | Mar 31, 2018 | — | 15.31% | — | — | 8.31% | — |
| FY 2018 Q2 | Dec 31, 2017 | — | 15.46% | — | — | 8.28% | — |
| FY 2018 Q1 | Sep 30, 2017 | — | 14.75% | — | — | 12.28% | — |
| FY 2017 Q4 | Jun 30, 2017 | 13.14% | 14.96% | 201.78% | — | 12.38% | 5.4 pp |
| FY 2017 Q3 | Mar 31, 2017 | — | 14.59% | — | — | 12.27% | — |
| FY 2017 Q2 | Dec 31, 2016 | — | 14.54% | — | — | 12.42% | — |
| FY 2017 Q1 | Sep 30, 2016 | — | 13.84% | — | — | 8.22% | — |
| FY 2016 Q4 | Jun 30, 2016 | 12% | 13.71% | — | — | 8.19% | 4.3 pp |
| FY 2016 Q3 | Mar 31, 2016 | — | 12.16% | — | — | 7.03% | — |
| FY 2016 Q2 | Dec 31, 2015 | — | 11.73% | — | — | 6.39% | — |
| FY 2016 Q1 | Sep 30, 2015 | — | 11.56% | — | — | 5.72% | — |
| FY 2015 Q4 | Jun 30, 2015 | 9.69% | 11.22% | — | — | 5.14% | 2 pp |
| FY 2015 Q3 | Mar 31, 2015 | — | 12.62% | — | — | 6.63% | — |
| FY 2015 Q2 | Dec 31, 2014 | — | 12.68% | — | — | 6.84% | — |
| FY 2015 Q1 | Sep 30, 2014 | — | 13.26% | — | — | 7.59% | — |
| FY 2014 Q4 | Jun 30, 2014 | 12.58% | 13.91% | 35.57% | — | 8.21% | 4.9 pp |
| FY 2014 Q3 | Mar 31, 2014 | — | 13.28% | — | — | 7.75% | — |
| FY 2014 Q2 | Dec 31, 2013 | — | 13.05% | — | — | 7.7% | — |
| FY 2014 Q1 | Sep 30, 2013 | — | 13.41% | — | — | 8.32% | — |
| FY 2013 Q4 | Jun 30, 2013 | 12.11% | 13.37% | 29.17% | — | 8.33% | 4.4 pp |
| FY 2013 Q3 | Mar 31, 2013 | — | 13.59% | — | — | 9.55% | — |
| FY 2013 Q2 | Dec 31, 2012 | — | 13.57% | — | — | 9.42% | — |
| FY 2013 Q1 | Sep 30, 2012 | — | 11.88% | — | — | 7.74% | — |
| FY 2012 Q4 | Jun 30, 2012 | 10.38% | 12.17% | — | — | 7.95% | 2.7 pp |
| FY 2012 Q3 | Mar 31, 2012 | — | 12.53% | — | — | 7.11% | — |
| FY 2012 Q2 | Dec 31, 2011 | — | 13.36% | — | — | 7.52% | — |
| FY 2012 Q1 | Sep 30, 2011 | — | 14.58% | — | — | 8.69% | — |
| FY 2011 Q4 | Jun 30, 2011 | 13.24% | 14.72% | 7.13% | — | 8.85% | 5.5 pp |
| FY 2011 Q3 | Mar 31, 2011 | — | 14.07% | — | — | 8.51% | — |
| FY 2011 Q2 | Dec 31, 2010 | — | 14.34% | — | — | 8.3% | — |
| FY 2011 Q1 | Sep 30, 2010 | — | 14.9% | — | — | 9.2% | — |
| FY 2010 Q4 | Jun 30, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2010 Q2 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2010 Q1 | Sep 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · PG, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.