Procter & Gamble
American multinational consumer goods corporation / From Wikipedia, the free encyclopedia
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The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio, founded in 1837[3] by William Procter and James Gamble.[4] It specializes in a wide range of personal health/consumer health, personal care and hygiene products; these products are organized into several segments including beauty; grooming; health care; fabric and home care; and baby, feminine, and family care. Before the sale of Pringles to Kellogg's, its product portfolio also included food, snacks, and beverages.[5] P&G is incorporated in Ohio.[6]
P&G | |
Company type | Public |
Industry | Consumer goods |
Founded | October 31, 1837; 186 years ago (1837-10-31) |
Founders | |
Headquarters | , U.S. |
Area served | Worldwide |
Key people | |
Products | |
Brands | See list of Procter & Gamble brands |
Revenue | US$82.01 billion (2023) |
US$18.13 billion (2023) | |
US$14.65 billion (2023) | |
Total assets | US$120.8 billion (2023) |
Total equity | US$47.07 billion (2023) |
Number of employees | 107,000 (2023) |
Subsidiaries |
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Website | pg |
Footnotes / references Financials as of June 30, 2023[update].[2] |
In 2014, P&G recorded $83.1 billion in sales. On August 1, 2014, P&G announced it was streamlining the company, dropping and selling off around 100 brands from its product portfolio in order to focus on the remaining 65 brands,[7] which produced 95% of the company's profits. A.G. Lafley, the company's chairman and CEO until October 2015, said the future P&G would be "a much simpler, much less complex company of leading brands that's easier to manage and operate".[8] In 2023, the company was ranked 55th in the Forbes Global 2000.[9]
Jon Moeller is the current president and CEO of P&G.[10]