Procter & Gamble (PG) Other Working Capital Changes (2009 - 2025)
Procter & Gamble (PG) reported Other Working Capital Changes of $377 million for fiscal Q3 2025 (quarter ended Mar 31, 2025), down 23.4% from $492 million a year earlier but up 98.4% from the prior quarter.
Procter & Gamble (PG) Other Working Capital Changes (2009 - 2025) Analysis & Trends
Over the twelve months ended Mar 31, 2025, Procter & Gamble's Other Working Capital Changes came in at $1.34 billion, down 8.3% year-over-year; for FY2024 (ended Jun 30, 2024), it came in at $1.41 billion, up 27.7% from FY2023.
- Other Working Capital Changes has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 7.8% (FY2019 to FY2024).
- By fiscal year, Other Working Capital Changes came in at $1.11 billion in FY2023 (+74.3%), $635 million in FY2022 (+72.1%), $369 million in FY2021 (-48.0%) and $710 million in FY2020 (-27.0%).
- Five-year quarterly Other Working Capital Changes spans a low of -$94 million in fiscal Q2 2022 and a high of $671 million in fiscal Q1 2024.
- Year over year, Other Working Capital Changes gained in three of the last eight quarters, with growth averaging 52.6%.
- The high point for year-over-year Other Working Capital Changes in five years was fiscal Q3 2023 (growth of 546.8%); the low point was fiscal Q2 2024 (a decline of 59.3%).
- Per Business Quant data, the three fiscal quarters before Q3 2025 came in at $190 million (Q2 2025), $558 million (Q1 2025) and $218 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Procter & Gamble | 369.44 Bn | 325.19 Bn | 10.28 Bn |
| 2 | Colgate Palmolive | 74.61 Bn | 69.34 Bn | 3.30 Bn |
| 3 | Estee Lauder Companies | 38.25 Bn | 26.33 Bn | 2.74 Bn |
| 4 | Kenvue | 36.55 Bn | 32.16 Bn | 2.30 Bn |
| 5 | Kimberly Clark | 35.43 Bn | 32.62 Bn | 1.60 Bn |
| 6 | Church & Dwight | 24.79 Bn | 23.32 Bn | 693.90 Mn |
| 7 | Clorox | 10.47 Bn | 8.74 Bn | 804.00 Mn |
| 8 | e.l.f. Beauty | 6.76 Bn | 5.74 Bn | 398.84 Mn |
| 9 | Reynolds Consumer Products | 4.78 Bn | 4.45 Bn | 245.00 Mn |
| 10 | Bath & Body Works | 4.37 Bn | 2.02 Bn | 692.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | -377.00 Mn |
| Dec 31, 2024 | -190.00 Mn |
| Sep 30, 2024 | -558.00 Mn |
| Jun 30, 2024 | -218.00 Mn |
| Mar 31, 2024 | -492.00 Mn |
| Dec 31, 2023 | -33.00 Mn |
| Sep 30, 2023 | -671.00 Mn |
| Jun 30, 2023 | -268.00 Mn |
| Mar 31, 2023 | -304.00 Mn |
| Dec 31, 2022 | -81.00 Mn |
| Sep 30, 2022 | -454.00 Mn |
| Jun 30, 2022 | -504.00 Mn |
| Mar 31, 2022 | -47.00 Mn |
| Dec 31, 2021 | 94.00 Mn |
| Sep 30, 2021 | -178.00 Mn |
| Jun 30, 2021 | -277.00 Mn |
| Mar 31, 2021 | -78.00 Mn |
| Dec 31, 2020 | 16.00 Mn |
| Sep 30, 2020 | -30.00 Mn |
| Jun 30, 2020 | -652.00 Mn |
Procter & Gamble Other Working Capital Changes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=PG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "PG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=PG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();