Summary
Procter & Gamble's (PG) 2011 10-K filing highlights the company's focus on providing branded consumer packaged goods across diverse global markets. The company operates through two primary Global Business Units: Beauty and Grooming, and Household Care, encompassing six reportable segments. A significant portion of revenue, approximately 16% in fiscal year 2011, is derived from the laundry category, with diapers representing another key category at 11% of net sales. The company emphasizes innovation and product development as critical drivers of sustained organic growth in a highly competitive environment. Financially, the company reported substantial net sales of $82.6 billion ($30.5 billion in the U.S. and $52.1 billion internationally) for the fiscal year ended June 30, 2011. P&G's global presence is evident, with North America accounting for 41% of net sales, followed by Western Europe (20%) and Asia (16%). The company is actively engaged in managing operational risks, including cost pressures from commodity prices, foreign exchange fluctuations, and the inherent risks of global manufacturing. Significant R&D investments of $2,001 million underscore their commitment to innovation.
Financial Highlights
56 data points| Revenue | $81.10B |
| Cost of Revenue | $39.86B |
| Gross Profit | $41.24B |
| R&D Expenses | $2.00B |
| SG&A Expenses | $25.75B |
| Operating Income | $15.49B |
| Interest Expense | $831.00M |
| Net Income | $11.80B |
| EPS (Basic) | $4.12 |
| EPS (Diluted) | $3.93 |
| Shares Outstanding (Basic) | 2.80B |
| Shares Outstanding (Diluted) | 3.00B |
Key Highlights
- 1Procter & Gamble's fiscal year 2011 net sales reached $82.6 billion, with international operations contributing $52.1 billion to this total.
- 2The company is strategically organized into two Global Business Units: Beauty and Grooming, and Household Care, managing six distinct reportable segments.
- 3Key product categories include Laundry (16% of net sales) and Diapers (11% of net sales), demonstrating their importance to the company's revenue.
- 4Significant investment in Research and Development ($2,001 million in FY2011) indicates a strong focus on innovation and future product pipeline.
- 5The company faces operational risks associated with global manufacturing, fluctuating commodity prices, and foreign exchange rates, which are actively managed.
- 6Sales to Wal-Mart and its affiliates represent approximately 15% of total revenue, highlighting a concentration risk with a major customer.
- 7P&G has robust share repurchase programs, with $7 billion repurchased in fiscal year 2011 under a $6 to $8 billion plan.