Total Debt for Procter & Gamble (PG)
According to Procter & Gamble's latest reported financial statements, the company's latest reported total debt is $37.03B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal DebtSwitch metric
Latest period
$37.03B
YoY change
+6.3%
5Y CAGR
-0.1%
Peak year (2006)
$38.10B
Latest annual
$35.46B
Total Debt history chart for Procter & Gamble (PG) from 1986 to 2025
Total Debt history table for Procter & Gamble (PG) from 1986 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $35.46B | +6.3% | ||
| 2024 | $33.37B | -5.8% | ||
| 2023 | $35.42B | +9.7% | ||
| 2022 | $32.29B | -1.7% | ||
| 2021 | $32.84B | -7.8% | ||
| 2020 | $35.61B | +18.3% | ||
| 2019 | $30.10B | -4.1% | ||
| 2018 | $31.39B | -0.8% | ||
| 2017 | $31.64B | +3.3% | ||
| 2016 | $30.64B | +0.8% | ||
| 2015 | $30.40B | -14.4% | ||
| 2014 | $35.50B | +12.4% | ||
| 2013 | $31.57B | +5.9% | ||
| 2012 | $29.82B | -6.8% | ||
| 2011 | $32.01B | +7.3% | ||
| 2010 | $29.83B | -19.3% | ||
| 2009 | $36.97B | +0.8% | ||
| 2008 | $36.66B | +3.5% | ||
| 2007 | $35.41B | -7.1% | ||
| 2006 | $38.10B | +56.6% | ||
| 2005 | $24.33B | +16.7% | ||
| 2004 | $20.84B | +52.7% | ||
| 2003 | $13.65B | -8.6% | ||
| 2002 | $14.93B | +24.2% | ||
| 2001 | $12.03B | -1.9% | ||
| 2000 | $12.25B | +30.6% | ||
| 1999 | $9.38B | +16.6% | ||
| 1998 | $8.05B | +61.2% | ||
| 1997 | $4.99B | -13.7% | ||
| 1996 | $5.79B | -5.6% | ||
| 1995 | $6.13B | -3.5% | ||
| 1994 | $6.36B | -9.0% | ||
| 1993 | $6.99B | -3.3% | ||
| 1992 | $7.22B | +18.8% | ||
| 1991 | $6.08B | +35.6% | ||
| 1990 | $4.49B | +3.6% | ||
| 1989 | $4.33B | +28.7% | ||
| 1988 | $3.36B | +11.2% | ||
| 1987 | $3.02B | -6.1% | ||
| 1986 | $3.22B | — |
Total Debt values are taken from Procter & Gamble's reported balance sheets (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) total debt is $35.46B – grew 6.3% year-over-year.
Procter & Gamble total debt compound annual growth for the 2020–2025 (5 years) window is -0.1%, with a net decline across the window.
The highest annual total debt of $38.10B was reported in 2006. The lowest in the available history was $3.02B in 1987.
Within Consumer Defensive, Procter & Gamble (PG) ranks 5th among 8 peers we track. The peer median for total debt is $35.60B.
Procter & Gamble Total Debt by Year
Procter & Gamble Total Debt 2025: $35.46B
Procter & Gamble total debt in 2025 was $35.46B, grew 6.3% from 2024.
Procter & Gamble Total Debt 2024: $33.37B
Procter & Gamble total debt in 2024 was $33.37B, declined 5.8% below 2023.
Procter & Gamble Total Debt 2023: $35.42B
Procter & Gamble total debt in 2023 was $35.42B, grew 9.7% from 2022.
Procter & Gamble Total Debt 2022: $32.29B
Procter & Gamble total debt in 2022 was $32.29B, edged down 1.7% below 2021.
Procter & Gamble Total Debt 2021: $32.84B
Procter & Gamble total debt in 2021 was $32.84B.
See more financial history for Procter & Gamble (PG).
Sector peers — Total Debt
Companies in the same sector as Procter & Gamble, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $67.09B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $49.90B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $48.84B | Consumer Defensive |
| The Coca-Cola Company (KO) | $45.49B | Consumer Defensive |
| Altria Group, Inc. (MO) | $25.71B | Consumer Defensive |
| Mondelez International, Inc. (MDLZ) | $22.40B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $8.17B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $0 | Consumer Defensive |
Frequently asked questions
What is Procter & Gamble's total debt?
- Latest reported total debt for Procter & Gamble (PG) is $37.03B (period ending March 31, 2026).
How has Procter & Gamble total debt changed year-over-year?
- Procter & Gamble (PG) total debt changed +6.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Procter & Gamble total debt?
- Procter & Gamble (PG) total debt compound annual growth rate is -0.1% over the most recent 5 years available.
When did Procter & Gamble total debt hit its highest annual value?
- Procter & Gamble total debt reached its highest annual value of $38.10B in 2006.
What was Procter & Gamble total debt in 2024?
- Procter & Gamble (PG) total debt in 2024 was $33.37B.
What was Procter & Gamble total debt in 2025?
- Procter & Gamble (PG) total debt in 2025 was $35.46B.
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