Procter & Gamble (PG) Shares Outstanding (Diluted) (2009 - 2026)
Procter & Gamble (PG) reported Weighted Average Shares Outstanding (Diluted) of 2.41 billion for fiscal Q1 2027 (quarter ended Sep 30, 2026), down 1.2% from 2.44 billion a year earlier and down 0.6% from the prior quarter.
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Analysis
Procter & Gamble (PG) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Procter & Gamble posted Weighted Average Shares Outstanding (Diluted) of 2.42 billion, down 1.3% from FY2025.
- Weighted Average Shares Outstanding (Diluted) has declined for six consecutive fiscal years, with a five-year compound annual growth rate of -1.4% (FY2021 to FY2026).
- By fiscal year, Weighted Average Shares Outstanding (Diluted) came in at 2.45 billion in FY2025 (-0.7%), 2.47 billion in FY2024 (-0.5%), 2.48 billion in FY2023 (-2.2%) and 2.54 billion in FY2022 (-2.4%).
- The fiscal Q1 2027 figure ranks as the lowest quarterly Weighted Average Shares Outstanding (Diluted) in data going back to fiscal Q3 2009.
- Year over year, Weighted Average Shares Outstanding (Diluted) has now declined in each of the last ten quarters, with an average decline of 1.1% over the last eight quarters.
- The year-over-year decline in Weighted Average Shares Outstanding (Diluted) has ranged between 0.0% (fiscal Q3 2024) and 2.7% (fiscal Q2 2022) over the last five years.
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 2.42 billion (Q4 2026), 2.42 billion (Q3 2026) and 2.42 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 390.78 Bn | 342.58 Bn | 11.60 Bn | 2.41 Bn |
| 2 | Colgate Palmolive | 77.96 Bn | 72.79 Bn | 3.23 Bn | 799.70 Mn |
| 3 | Estee Lauder Companies | 41.21 Bn | 28.31 Bn | 2.81 Bn | 366.10 Mn |
| 4 | Kenvue | 37.02 Bn | 32.73 Bn | 2.31 Bn | 1.93 Bn |
| 5 | Kimberly Clark | 36.84 Bn | 32.92 Bn | 1.44 Bn | 333.70 Mn |
| 6 | Church & Dwight | 26.38 Bn | 24.77 Bn | 749.40 Mn | 238.70 Mn |
| 7 | Clorox | 12.88 Bn | 11.29 Bn | 770.00 Mn | 122.03 Mn |
| 8 | e.l.f. Beauty | 7.00 Bn | 5.82 Bn | 370.22 Mn | 60.09 Mn |
| 9 | Reynolds Consumer Products | 5.26 Bn | 4.95 Bn | 236.00 Mn | 211.80 Mn |
| 10 | Bath & Body Works | 4.38 Bn | 2.17 Bn | 692.00 Mn | 202.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.41 Bn |
| Jun 30, 2026 | 2.42 Bn |
| Mar 31, 2026 | 2.42 Bn |
| Dec 31, 2025 | 2.42 Bn |
| Sep 30, 2025 | 2.44 Bn |
| Jun 30, 2025 | 2.45 Bn |
| Mar 31, 2025 | 2.45 Bn |
| Dec 31, 2024 | 2.46 Bn |
| Sep 30, 2024 | 2.47 Bn |
| Jun 30, 2024 | 2.47 Bn |
| Mar 31, 2024 | 2.47 Bn |
| Dec 31, 2023 | 2.47 Bn |
| Sep 30, 2023 | 2.48 Bn |
| Jun 30, 2023 | 2.48 Bn |
| Mar 31, 2023 | 2.47 Bn |
| Dec 31, 2022 | 2.48 Bn |
| Sep 30, 2022 | 2.50 Bn |
| Jun 30, 2022 | 2.54 Bn |
| Mar 31, 2022 | 2.53 Bn |
| Dec 31, 2021 | 2.54 Bn |
API Access
Procter & Gamble Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=PG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=PG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();