Multinational consumer goods company offering trusted, branded daily-use products sold in about 180 countries, headquartered in Cincinnati, Ohio.

# The Procter & Gamble Company

## Overview
- Multinational consumer goods company offering trusted, branded daily-use products of quality, performance and value.
- Products sold in about 180 countries and territories.
- Corporate headquarters in Cincinnati, Ohio. Company history dates to 1837; incorporated in Ohio in 1905.
- Business model focuses on creating sustainable value through balanced top- and bottom-line growth across a diversified product portfolio.

## Business model and strategy
- Core activities: create, manufacture, market and distribute a diversified portfolio of daily-use products.
- Five vectors of competitive advantage: product performance, packaging, brand communication, retail execution and value.
- Invests in research & development and consumer insights to introduce new categories and improve existing products.
- Marketing priorities include advertising, promotions and endorsements to build brand awareness and loyalty.
- Distribution channels include traditional retail, digital commerce and direct-to-consumer platforms.
- Ongoing productivity improvements fund investments in R&D and marketing.
- Objective: deliver sustained, balanced growth while serving consumers, customers, employees, society and shareholders.

## Key product categories
- Offers daily-use consumer goods across multiple categories and segments.

## Global footprint
- Operations in approximately 65 countries.
- Products sold in about 180 countries and territories.

## Manufacturing and operations
- U.S. manufacturing: 24 sites across 18 states.
- International manufacturing: 72 sites in 31 countries.
- Many sites produce products for multiple business categories.

## Corporate and governance
- Corporate headquarters: Cincinnati, Ohio.
- Principal regional offices: Switzerland, Panama, Singapore, China and the United Arab Emirates.
- Principal regional shared service centers: Costa Rica, the United Kingdom and the Philippines.

## Customers
- Customer base includes mass merchandisers, digital commerce channels, grocery stores, membership clubs, drug stores, department stores, distributors, wholesalers, specialty beauty stores (including airport duty-free), high-frequency stores, pharmacies, electronics stores and professional channels.
- Walmart Inc. and its affiliates accounted for approximately 16% of total sales for 2024–2026.
- The top ten customers accounted for approximately 43% of total net sales for 2024–2026.

## Employees
- As of June 30, 2026, approximately 104,000 employees (down 4% versus prior year).
- 49% of employees are in manufacturing roles.
- 28% of employees are located in the United States.
- 42% of global employees are women; 33% of U.S. employees identify as multicultural.

## Materials, suppliers and sustainability
- Sources a wide range of raw and packaging materials from third-party suppliers, including some single-source suppliers.
- Sustainability commitments include a 2040 net-zero ambition and a Climate Transition Action Plan addressing emissions and packaging.
- Sustainability disclosures align with standards such as GRI, TCFD and TNFD.

The Procter & Gamble Company is a leading multinational consumer goods company that delivers trusted branded products to improve consumer lives globally.

# The Procter & Gamble Company

## Business description
The Procter & Gamble Company (P&G) is a multinational consumer goods company focused on delivering trusted branded products to improve consumer lives worldwide. Founded in 1837 and incorporated in 1905, P&G is headquartered in Cincinnati, Ohio and operates in approximately 180 countries and territories.

## Core operations
P&G's business model emphasizes sustainable value creation through balanced top- and bottom-line growth. The company creates, manufactures, markets, and distributes a diversified portfolio of daily-use products across several key areas:
- Product performance
- Packaging
- Brand communication
- Retail execution
- Value

P&G invests in research and development and consumer insights to drive innovation and meet evolving consumer needs. Distribution channels include retail stores, e-commerce platforms, and direct-to-consumer channels.

## Key product categories
- Beauty
- Grooming
- Health care
- Fabric & home care
- Baby, feminine & family care

## Customers
As of 2024, P&G’s key customers include mass merchandisers, grocery stores, drug stores, e-commerce channels, and specialty retailers. Walmart Inc. represented approximately 16% of total sales in 2024. The company’s top 10 customers accounted for 42% of total net sales.

## Employees
- Total employees: approximately 108,000
  - Manufacturing roles: 48%
  - Employees in the U.S.: 28%
- Diversity:
  - Women represent 42% of global employees
  - 32% of U.S. employees identify as multicultural

## Financial performance
- Total revenue: approximately $80 billion
- Net income: approximately $14 billion

## Sustainability and compliance
P&G has committed to achieving net-zero emissions by 2040. Key environmental priorities include reducing the use of virgin petroleum-based plastics, improving packaging recyclability, and advancing sustainable water usage and restoration projects. The company complies with health, safety, environmental protection, and anti-corruption regulations across its markets.

## Cybersecurity
P&G integrates cybersecurity risk management and strategy into its operations to address evolving threats. The company has not identified any threats that materially affect its business or financial condition as of the last report.

## Summary
P&G is a major player in the consumer goods sector with a diversified portfolio, an emphasis on innovation and sustainability, and a strategic focus on continuous improvement to serve consumers and communities.

PROCTER & GAMBLE Co

10-K / August 4, 2026

10-K / August 5, 2024

10-K / August 4, 2026

The Procter & Gamble Company

Overview

Business model and strategy

Key product categories

Global footprint

Manufacturing and operations

Corporate and governance

Customers

Employees

Materials, suppliers and sustainability