Shares Outstanding for Procter & Gamble (PG)
According to Procter & Gamble's latest reported financial statements, the company's latest reported diluted shares outstanding is 2.42B. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingShares OutstandingSwitch metric
Latest period
2.42B
YoY change
-0.7%
5Y CAGR
-1.3%
Peak year (2007)
3.40B
Latest annual
2.45B
Shares Outstanding history chart for Procter & Gamble (PG) from 1986 to 2025
Shares Outstanding history table for Procter & Gamble (PG) from 1986 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 2.45B | -0.7% | ||
| 2024 | 2.47B | -0.5% | ||
| 2023 | 2.48B | -2.2% | ||
| 2022 | 2.54B | -2.4% | ||
| 2021 | 2.60B | -0.9% | ||
| 2020 | 2.63B | +3.4% | ||
| 2019 | 2.54B | -4.4% | ||
| 2018 | 2.66B | -3.1% | ||
| 2017 | 2.74B | -3.7% | ||
| 2016 | 2.84B | -1.4% | ||
| 2015 | 2.88B | -0.7% | ||
| 2014 | 2.90B | -0.9% | ||
| 2013 | 2.93B | -0.4% | ||
| 2012 | 2.94B | -2.0% | ||
| 2011 | 3.00B | -3.1% | ||
| 2010 | 3.10B | -1.7% | ||
| 2009 | 3.15B | -4.9% | ||
| 2008 | 3.32B | -2.4% | ||
| 2007 | 3.40B | +3.4% | ||
| 2006 | 3.29B | +20.1% | ||
| 2005 | 2.74B | -1.9% | ||
| 2004 | 2.79B | -0.4% | ||
| 2003 | 2.80B | -0.3% | ||
| 2002 | 2.81B | -0.0% | ||
| 2001 | 2.81B | +3.4% | ||
| 2000 | 2.72B | -1.2% | ||
| 1999 | 2.75B | -11.7% | ||
| 1998 | 3.12B | +3.5% | ||
| 1997 | 3.01B | +0.2% | ||
| 1996 | 3.00B | +0.5% | ||
| 1995 | 2.99B | +2.8% | ||
| 1994 | 2.91B | +5.5% | ||
| 1993 | 2.76B | -4.7% | ||
| 1992 | 2.89B | -1.1% | ||
| 1991 | 2.92B | +0.5% | ||
| 1990 | 2.91B | +6.2% | ||
| 1989 | 2.74B | +0.6% | ||
| 1988 | 2.72B | +3.3% | ||
| 1987 | 2.63B | -0.9% | ||
| 1986 | 2.66B | — |
Shares Outstanding values are taken from Procter & Gamble's reported income 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
In 2025, Procter & Gamble (PG) diluted shares outstanding totalled 2.45B – edged down 0.7% year-over-year.
Over 2020–2025 (5 years), Procter & Gamble diluted shares outstanding expanded at a -1.3% compound annual rate, with a net decline across the window.
Between 2007 and 2025, Procter & Gamble diluted shares outstanding declined 27.8%, falling from 3.40B to 2.45B.
3.40B stands as the all-time-high annual diluted shares outstanding, posted in 2007, against a low of 2.45B during 2025.
Procter & Gamble (PG) sits 3rd of 8 Consumer Defensive peers we track on this metric, against a peer median of 1.47B.
Procter & Gamble Shares Outstanding by Year
Procter & Gamble Shares Outstanding 2025: 2.45B
Procter & Gamble diluted shares outstanding in 2025 was 2.45B, edged down 0.7% below 2024. This figure represents the lowest annual value in the available history.
Procter & Gamble Shares Outstanding 2024: 2.47B
Procter & Gamble diluted shares outstanding in 2024 was 2.47B, edged down 0.5% below 2023.
Procter & Gamble Shares Outstanding 2023: 2.48B
Procter & Gamble diluted shares outstanding in 2023 was 2.48B, edged down 2.2% below 2022.
Procter & Gamble Shares Outstanding 2022: 2.54B
Procter & Gamble diluted shares outstanding in 2022 was 2.54B, edged down 2.4% below 2021.
Procter & Gamble Shares Outstanding 2021: 2.60B
Procter & Gamble diluted shares outstanding in 2021 was 2.60B.
See more financial history for Procter & Gamble (PG).
Sector peers — Shares Outstanding
Companies in the same sector as Procter & Gamble, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Walmart Inc. (WMT) | 8.02B | Consumer Defensive |
| The Coca-Cola Company (KO) | 4.31B | Consumer Defensive |
| Altria Group, Inc. (MO) | 1.68B | Consumer Defensive |
| Philip Morris International Inc. (PM) | 1.56B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | 1.37B | Consumer Defensive |
| Mondelez International, Inc. (MDLZ) | 1.30B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | 984.45M | Consumer Defensive |
| Costco Wholesale Corporation (COST) | 444.80M | Consumer Defensive |
Frequently asked questions
What is Procter & Gamble's diluted shares outstanding?
- Latest reported diluted shares outstanding for Procter & Gamble (PG) is 2.42B (period ending March 31, 2026).
How has Procter & Gamble diluted shares outstanding changed year-over-year?
- Procter & Gamble (PG) diluted shares outstanding changed -0.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Procter & Gamble diluted shares outstanding?
- Procter & Gamble (PG) diluted shares outstanding compound annual growth rate is -1.3% over the most recent 5 years available.
When did Procter & Gamble diluted shares outstanding hit its highest annual value?
- Procter & Gamble diluted shares outstanding reached its highest annual value of 3.40B in 2007.
What was Procter & Gamble diluted shares outstanding in 2024?
- Procter & Gamble (PG) diluted shares outstanding in 2024 was 2.47B.
What was Procter & Gamble diluted shares outstanding in 2025?
- Procter & Gamble (PG) diluted shares outstanding in 2025 was 2.45B.
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