The Procter & Gamble Company
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $66.83B | $65.06B | $65.30B | $70.75B | $29.40B | $29.20B | $28.40B | $81.10B |
| Cost of Revenue | $34.43B | $32.64B | $32.91B | $37.06B | $39.03B | $39.99B | $41.41B | $39.86B |
| Gross Profit | $32.40B | $32.42B | $32.39B | $33.69B | $-9.63B | $-10.79B | $-13.01B | $41.25B |
| Gross Margin | 48.5% | 49.8% | 49.6% | 47.6% | -32.8% | -37.0% | -45.8% | 50.9% |
| Operating Expenses | ||||||||
| Research & Development | $1.90B | $1.90B | $1.90B | $2.00B | $1.90B | $1.90B | $2.00B | $2.00B |
| SG&A Expense | $19.04B | $18.65B | $18.95B | $20.62B | $21.46B | $26.00B | $25.98B | $25.75B |
| Operating Income | $13.36B | $13.77B | $13.44B | $11.05B | $13.91B | $13.82B | $13.04B | $15.50B |
| Operating Margin | 20.0% | 21.2% | 20.6% | 15.6% | 47.3% | 47.3% | 45.9% | 19.1% |
| Interest Expense | $506.0M | $465.0M | $579.0M | $626.0M | $709.0M | $667.0M | $769.0M | $831.0M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $3.47B | $3.06B | $3.34B | $2.73B | $2.85B | $3.23B | $3.38B | $3.30B |
| Net Income | $9.75B | $15.33B | $10.51B | $7.04B | $11.64B | $11.31B | $10.76B | $11.80B |
| Net Margin | 14.6% | 23.6% | 16.1% | 9.9% | 39.6% | 38.7% | 37.9% | 14.5% |
| EPS (Basic) | $3.75 | $5.80 | $3.80 | $2.50 | $4.19 | $4.04 | $3.82 | $4.12 |
| EPS (Diluted) | $3.67 | $5.59 | $3.69 | $2.44 | $4.01 | $3.86 | $3.66 | $3.93 |
| Shares Outstanding (Basic) | 2.53B | 2.60B | 2.70B | 2.71B | 2.72B | 2.74B | 2.75B | 2.80B |
| Shares Outstanding (Diluted) | 2.66B | 2.74B | 2.84B | 2.88B | 2.90B | 2.93B | 2.94B | 3.00B |
| Dividends Per Share | $2.79 | $3.00 | $2.66 | $2.59 | $2.45 | $2.29 | $2.14 | $1.97 |