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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 21.7B | 5.9% |
| Gross Profit | 4.83B | 22.7% |
| Cost of Revenue | 16.9B | 1.9% |
| Operating expense | 7.28B | 9.9% |
| Net Income | 3.96B | 26.2% |
| EBITDA | 5.88B | 181.6% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 126B | 3.4% |
| Total Liabilities | 74.3B | 3.5% |
| Total Equity | 52.1B | 3.1% |
| Shares Outstanding | 2.36B | 0.2% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 4.3B | 25.2% |
| Cash from investing | -1.11B | 113.9% |
| Cash from financing | -634M | 74.6% |
EPS
Financial Highlights for Procter & Gamble in Q3 '24
Procter & Gamble reported a revenue of 21.7B, which is a 5.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 4.83B, marking a 22.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 16.9B, a 1.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 7.28B, showing a -9.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 3.96B, showing a 26.2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 5.88B, showing a 181.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Procter & Gamble with growth in revenue, gross profit, and net income.
