Procter & Gamble Company (PG) — Capital Reinvestment Ratio
Procter & Gamble Company (PG) has a Capital Reinvestment Ratio of 0.23x as of December 2025, meaning it reinvests 0% of its operating cash flow ($4.97 Billion) in capital expenditures ($1.17 Billion). See Procter & Gamble Company balance sheet independence to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Procter & Gamble Company Capital Reinvestment Ratio (1990–2025)
This chart tracks Procter & Gamble Company's Capital Reinvestment Ratio across 36 annual periods. Check PG cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Procter & Gamble Company (1990–2025)
Year-by-year Capital Reinvestment Ratio for Procter & Gamble Company from 1990 to 2025. For live market cap and broader valuation context, see Procter & Gamble Company market cap and net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.21x | $17.82 Billion | $3.77 Billion | ▲ +26.5% |
| 2024 | 0.17x | $19.85 Billion | $3.32 Billion | ▼ -7.9% |
| 2023 | 0.18x | $16.85 Billion | $3.06 Billion | ▼ -3.7% |
| 2022 | 0.19x | $16.72 Billion | $3.16 Billion | ▲ +24.4% |
| 2021 | 0.15x | $18.37 Billion | $2.79 Billion | ▼ -14.1% |
| 2020 | 0.18x | $17.40 Billion | $3.07 Billion | ▼ -19.6% |
| 2019 | 0.22x | $15.24 Billion | $3.35 Billion | ▼ -12.2% |
| 2018 | 0.25x | $14.87 Billion | $3.72 Billion | ▼ -5.8% |
| 2017 | 0.27x | $12.75 Billion | $3.38 Billion | ▲ +23.6% |
| 2016 | 0.21x | $15.44 Billion | $3.31 Billion | ▼ -16.0% |
| 2015 | 0.26x | $14.61 Billion | $3.74 Billion | ▼ -7.2% |
| 2014 | 0.28x | $13.96 Billion | $3.85 Billion | ▲ +2.3% |
| 2013 | 0.27x | $14.87 Billion | $4.01 Billion | ▼ -9.7% |
| 2012 | 0.30x | $13.28 Billion | $3.96 Billion | ▲ +20.3% |
| 2011 | 0.25x | $13.33 Billion | $3.31 Billion | ▲ +30.0% |
| 2010 | 0.19x | $16.07 Billion | $3.07 Billion | ▼ -12.1% |
| 2009 | 0.22x | $14.92 Billion | $3.24 Billion | ▲ +6.9% |
| 2008 | 0.20x | $15.01 Billion | $3.05 Billion | ▼ -7.4% |
| 2007 | 0.22x | $13.44 Billion | $2.94 Billion | ▼ -6.5% |
| 2006 | 0.23x | $11.38 Billion | $2.67 Billion | ▼ -6.7% |
| 2005 | 0.25x | $8.68 Billion | $2.18 Billion | ▲ +16.2% |
| 2004 | 0.22x | $9.36 Billion | $2.02 Billion | ▲ +26.9% |
| 2003 | 0.17x | $8.70 Billion | $1.48 Billion | ▼ -21.5% |
| 2002 | 0.22x | $7.74 Billion | $1.68 Billion | ▼ -49.4% |
| 2001 | 0.43x | $5.80 Billion | $2.49 Billion | ▼ -33.7% |
| 2000 | 0.65x | $4.67 Billion | $3.02 Billion | ▲ +26.6% |
| 1999 | 0.51x | $5.54 Billion | $2.83 Billion | ▼ -2.6% |
| 1998 | 0.52x | $4.88 Billion | $2.56 Billion | ▲ +44.7% |
| 1997 | 0.36x | $5.88 Billion | $2.13 Billion | ▼ -30.9% |
| 1996 | 0.52x | $4.16 Billion | $2.18 Billion | ▼ -12.9% |
| 1995 | 0.60x | $3.57 Billion | $2.15 Billion | ▲ +19.2% |
| 1994 | 0.50x | $3.65 Billion | $1.84 Billion | ▼ -11.9% |
| 1993 | 0.57x | $3.34 Billion | $1.91 Billion | ▼ -8.0% |
| 1992 | 0.62x | $3.07 Billion | $1.91 Billion | ▼ -34.9% |
| 1991 | 0.96x | $2.07 Billion | $1.98 Billion | ▲ +47.6% |
| 1990 | 0.65x | $2.01 Billion | $1.30 Billion | — |