Capital Expenditures for Procter & Gamble (PG)
According to Procter & Gamble's latest reported financial statements, the company's current capital expenditures (TTM) is $4.38B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingCapital ExpendituresSwitch metric
Latest period
$4.38B
YoY change
+13.6%
5Y CAGR
+4.2%
Peak year (2013)
$4.01B
Cumulative capital expenditures
$100.41B
CapEx history chart for Procter & Gamble (PG) from 1990 to 2025
CapEx history table for Procter & Gamble (PG) from 1990 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $3.77B | +13.6% | ||
| 2024 | $3.32B | +8.5% | ||
| 2023 | $3.06B | -3.0% | ||
| 2022 | $3.16B | +13.2% | ||
| 2021 | $2.79B | -9.3% | ||
| 2020 | $3.07B | -8.2% | ||
| 2019 | $3.35B | -10.0% | ||
| 2018 | $3.72B | +9.8% | ||
| 2017 | $3.38B | +2.1% | ||
| 2016 | $3.31B | -11.3% | ||
| 2015 | $3.74B | -2.9% | ||
| 2014 | $3.85B | -4.0% | ||
| 2013 | $4.01B | +1.1% | ||
| 2012 | $3.96B | +19.9% | ||
| 2011 | $3.31B | +7.8% | ||
| 2010 | $3.07B | -5.3% | ||
| 2009 | $3.24B | +6.3% | ||
| 2008 | $3.05B | +3.4% | ||
| 2007 | $2.94B | +10.4% | ||
| 2006 | $2.67B | +22.3% | ||
| 2005 | $2.18B | +7.8% | ||
| 2004 | $2.02B | +36.6% | ||
| 2003 | $1.48B | -11.7% | ||
| 2002 | $1.68B | -32.5% | ||
| 2001 | $2.49B | -17.6% | ||
| 2000 | $3.02B | +6.7% | ||
| 1999 | $2.83B | +10.5% | ||
| 1998 | $2.56B | +20.2% | ||
| 1997 | $2.13B | -2.3% | ||
| 1996 | $2.18B | +1.5% | ||
| 1995 | $2.15B | +16.6% | ||
| 1994 | $1.84B | -3.7% | ||
| 1993 | $1.91B | 0.0% | ||
| 1992 | $1.91B | -3.4% | ||
| 1991 | $1.98B | +52.2% | ||
| 1990 | $1.30B | — |
CapEx values are taken from Procter & Gamble's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Procter & Gamble (PG) capital expenditures is $3.77B – grew 13.6% year-over-year.
Through 2020–2025 (5 years), Procter & Gamble capital expenditures delivered a +4.2% annualised rate; sustaining 2 straight years of year-over-year growth.
Between 2013 and 2025, Procter & Gamble capital expenditures declined 5.9%, falling from $4.01B to $3.77B.
$4.01B stands as the all-time-high annual capital expenditures, posted in 2013, against a low of $1.30B during 1990.
Within Consumer Defensive, Procter & Gamble (PG) ranks 4th among 8 peers we track. The peer median for capital expenditures is $1.84B.
Procter & Gamble Capital Expenditures by Year
Procter & Gamble Capital Expenditures 2025: $3.77B
Procter & Gamble capital expenditures in 2025 was $3.77B, grew 13.6% from 2024.
Procter & Gamble Capital Expenditures 2024: $3.32B
Procter & Gamble capital expenditures in 2024 was $3.32B, grew 8.5% from 2023.
Procter & Gamble Capital Expenditures 2023: $3.06B
Procter & Gamble capital expenditures in 2023 was $3.06B, edged down 3.0% below 2022.
Procter & Gamble Capital Expenditures 2022: $3.16B
Procter & Gamble capital expenditures in 2022 was $3.16B, grew 13.2% from 2021.
Procter & Gamble Capital Expenditures 2021: $2.79B
Procter & Gamble capital expenditures in 2021 was $2.79B.
See more financial history for Procter & Gamble (PG).
Sector peers — CapEx
Companies in the same sector as Procter & Gamble, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $26.64B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $5.50B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $4.42B | Consumer Defensive |
| The Coca-Cola Company (KO) | $2.11B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $1.57B | Consumer Defensive |
| Mondelez International, Inc. (MDLZ) | $1.28B | Consumer Defensive |
| Altria Group, Inc. (MO) | $216.00M | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $132.28M | Consumer Defensive |
Frequently asked questions
What is Procter & Gamble's capital expenditures?
- Latest reported capital expenditures for Procter & Gamble (PG) is $4.38B (period ending March 31, 2026).
How has Procter & Gamble capital expenditures changed year-over-year?
- Procter & Gamble (PG) capital expenditures changed +13.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Procter & Gamble capital expenditures?
- Procter & Gamble (PG) capital expenditures compound annual growth rate is +4.2% over the most recent 5 years available.
When did Procter & Gamble capital expenditures hit its highest annual value?
- Procter & Gamble capital expenditures reached its highest annual value of $4.01B in 2013.
What was Procter & Gamble capital expenditures in 2024?
- Procter & Gamble (PG) capital expenditures in 2024 was $3.32B.
What was Procter & Gamble capital expenditures in 2025?
- Procter & Gamble (PG) capital expenditures in 2025 was $3.77B.
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