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Procter & Gamble Company released its 2021 financial statements showing strong performance across all business segments. The company reported net sales of $76.1 billion, representing a 7% increase compared to the previous year. Net earnings attributable to Procter & Gamble were $14.3 billion, with diluted net earnings per share of $5.50.
The financial statements revealed that the Beauty segment generated $14.4 billion in net sales, while the Grooming segment contributed $6.4 billion. The Health Care segment reported $10.2 billion in net sales, and the Fabric & Home Care segment remained the largest contributor with $24.7 billion in net sales. The Baby, Feminine & Family Care segment delivered $20.4 billion in net sales.
Operating cash flow was robust at $18.6 billion, allowing the company to return $19 billion to shareholders through dividends and share repurchases. The company maintained a strong balance sheet with total assets of $119.3 billion and shareholders\“ equity of $46.9 billion as of June 30, 2021. |
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