Procter & Gamble facts for kids

The Procter & Gamble Company, often called P&G, is a big American company that makes many products you use every day. It's based in Cincinnati, Ohio. Two people, William Procter and James Gamble, started the company way back in 1837.

P&G makes a wide range of products for your health, personal care, and home. These include things for beauty, grooming, health care, cleaning your clothes and home, and baby products. You might know some of their brands like Tide, Crest, Pampers, and Gillette. In 2023, P&G was ranked among the top companies in the world by Forbes. Jon Moeller is the current president and CEO of P&G.

The Procter & Gamble Company

Logo since 2013, concurrently used with the 2002 lettermark
Headquarters in Cincinnati, Ohio
Trade name	P&G
Type	Public
Traded as	NYSE: PG DJIA component S&P 100 component S&P 500 component
Industry	Consumer goods
Founded	October 31, 1837; 187 years ago (1837-10-31)
Founders	William Procter James Gamble
Headquarters	Cincinnati, Ohio , U.S.
Area served	Worldwide
Key people	David S. Taylor (executive chairman) Jon R. Moeller (president and CEO)
Products	Cleaning agents Skin care Personal care Dietary supplements
Brands	See list of Procter & Gamble brands
Revenue	US$82.01 billion (2023)
Operating income	US$18.13 billion (2023)
Net income	US$14.65 billion (2023)
Total assets	US$120.8 billion (2023)
Total equity	US$47.07 billion (2023)
Number of employees	107,000 (2023)
Subsidiaries	Procter & Gamble Korea Procter & Gamble Pakistan Procter & Gamble Philippines, Inc. Procter & Gamble Australia Pty. Ltd. Braun
Footnotes / references Financials as of June 30,  2023 (2023 -06-30)[update].

History of P&G

How P&G Started

William Procter, a candlemaker from England, and James Gamble, a soap maker from Ireland, both moved to Cincinnati, Ohio. They met because they married sisters, Olivia and Elizabeth Norris. Their father-in-law, Alexander Norris, suggested they start a business together. So, in 1837, Procter & Gamble was born.

By 1859, the company's sales reached $1 million. About 80 people worked for P&G then. During the American Civil War, P&G supplied soap and candles to the Union Army. This helped the company grow and made their products known across the country.

In the 1880s, P&G introduced a new, affordable soap called Ivory that floated in water. William Arnett Procter, William Procter's grandson, started a program in 1887 where workers shared in the company's profits. He believed this would make employees happier and less likely to go on strike.

As demand for their products grew, P&G built more factories across the United States. They also started making new products. In 1911, they began producing Crisco, a cooking shortening made from vegetable oils instead of animal fats.

P&G started advertising in magazines in the 1880s. By 1921, they were a big international company. They spent $1 million a year on advertising. In the 1920s, P&G advertised on the radio. They sponsored many daytime radio shows, which became known as "soap operas." Later, they sponsored and produced many TV soap operas for decades.

Growing Around the World

P&G expanded into other countries, opening factories and selling products internationally. In 1930, they bought the Thomas Hedley Co. in England. This made P&G a truly global company. Over time, P&G introduced many new products and brands.

They launched Tide laundry detergent in 1946 and Prell shampoo in 1947. Joy, the first liquid dish soap, came out in 1949. In 1955, P&G started selling Crest, the first toothpaste with fluoride.

In 1957, P&G bought paper mills from Charmin. This allowed them to start making toilet paper and other tissue products. They also introduced Downy fabric softener in 1960 and Bounce fabric softener sheets in 1972.

One of P&G's most important inventions was the disposable Pampers diaper. It was first tested in 1961. Before Pampers, most babies wore cloth diapers, which were messy and hard to wash. Pampers offered a convenient new option. In 2018, Pampers launched a "natural" diaper line called Pampers Pure.

More New Products and Companies

P&G bought many other companies, which helped them offer more products and earn more money. Some of these companies included Folgers Coffee, Norwich Eaton Pharmaceuticals (makers of Pepto-Bismol), and Max Factor cosmetics. They also acquired Pantene and Iams pet food.

In 2005, P&G bought Gillette in a huge deal. This made P&G the largest consumer goods company in the world. With Gillette, P&G added famous brands like Gillette razors, Duracell batteries, Braun appliances, and Oral-B dental products.

P&G later sold some of its food businesses. In 2012, they sold their Pringles snack food business to Kellogg's. They had also sold Jif peanut butter, Crisco, and Folgers coffee earlier. In 2014, P&G sold its Iams pet food business.

Changing the Company

In 2014, P&G announced they would make the company simpler. They decided to sell off about 100 brands and focus on 65 main brands. These 65 brands made up 95% of the company's profits. The goal was to become a simpler company with leading brands that are easier to manage.

In 2015, P&G sold many of its beauty brands to Coty, another beauty company. This was a $13 billion deal. In 2016, P&G also sold Duracell batteries. In 2018, P&G bought the consumer health part of Merck Group. This added more health products to their lineup.

In 2018, P&G also announced a simpler way of organizing its business. They created six main business units. In 2023, the company started to focus on its most popular products. They plan to stop selling the least popular 25% of their products.

P&G's Money Matters

For the year 2018, Procter & Gamble reported earning $9.75 billion. Their total sales for that year were $66.83 billion. The company's value was over $221.5 billion in October 2018. P&G was ranked 42nd on the Fortune 500 list of the largest U.S. companies by total sales in 2018.

Year	Revenue in million USD$	Net income in million USD$	Total assets in millions USD$	Employees
2005	56,741	6,923	61,527
2006	68,222	8,684	135,695
2007	74,832	10,340	138,014
2008	79,257	12,075	143,992
2009	76,694	13,436	134,833	135,000
2010	78,938	12,517	128,172	127,000
2011	82,559	11,564	138,354	129,000
2012	83,680	10,500	132,244	126,000
2013	84,167	11,068	139,263	121,000
2014	83,062	11,390	144,266	118,000
2015	76,279	6,777	129,495	110,000
2016	65,299	10,508	127,136	105,000
2017	65,058	15,326	120,406	95,000
2018	66,832	9,750	118,310	92,000
2019	67,684	3,897	115,095	97,000
2020	70,950	12,764	120,700	99,000
2021	76,118	14,035	119,307	101,000
2022	81,286	15,306	117,914	103,000
2023	82,006	14,653	120,829	107,000

P&G and the Environment

P&G measures its carbon footprint, which is the amount of greenhouse gases it releases. For the year ending December 31, 2020, P&G's carbon emissions were 2,619 kilotonnes. This was a big decrease of 35.5% from the year before. In 2021, P&G set a goal to have zero net carbon emissions from its operations and supply chain by 2040. This means they want to balance the amount of greenhouse gases they release with the amount they remove.

P&G annual CO2e emissions (kt), scope 1 and market-based scope 2

2015	2016	2017	2018	2019	2020
5,149	4,669	4,559	4,081	4,060	2,619

How P&G Works

As of 2016, P&G organizes its products into ten main categories. It also has six selling and market organizations around the world.

Leaders and Staff

Board of Directors

As of March 2024, P&G's board of directors has 15 members. These are the people who help guide the company's decisions.

Top Executives

• Executive Chairman of the Board – David S. Taylor
• President & Chief Executive Officer – Jon R. Moeller
• Chief Operating Officer – Shailesh G. Jejurikar

Awards for P&G

Fortune magazine has named P&G one of the "Global Top Companies for Leaders." It also ranked P&G 15th on its list of the "World's Most Admired Companies." Chief Executive magazine called P&G the best company for developing leaders.

In Canada, P&G was named one of "Canada's Top 100 Employers" in 2008. In 2013, LinkedIn said P&G was the fourth most in-demand employer in the world. Glassdoor, a website where employees review companies, also listed P&G as a top company for career opportunities.

P&G has publicly supported same-sex marriage. In 2015, P&G was recognized as the most desired company to work for in Africa in the consumer goods industry. Forbes magazine also listed P&G as one of the "World's Most Reputable Companies" in 2016 and 2017.

P&G Brands

As of 2015, 21 of P&G's brands each made over a billion dollars in sales every year. Many of these brands, like Bounty, Crest, Always, and Tide, are sold all over the world. When P&G bought Gillette in 2005, they added even more top brands like Gillette razors, Duracell batteries, Braun, and Oral-B. P&G products are sold in North America, Europe, Asia, Australia, and many other places.

In 2018, P&G's fabric and home care products made up 32% of the company's total sales. This includes popular brands like Downy, Gain, Tide, Febreze, and Dawn. P&G spends a lot on advertising. In 2015, they spent $4.3 billion advertising their brands in the United States, making them the top advertiser in the country.

P&G has factories in many countries around the world:

TV Shows and Sponsorships

P&G was a pioneer in radio and television. In the 1930s, they produced and sponsored the first radio serial dramas. Because P&G was known for Ivory soap, these shows became known as "soap operas." When TV became popular, P&G produced and owned many new soap operas, like The Guiding Light and As the World Turns. The last P&G-produced show ended in 2010.

Here are some past TV shows produced by Procter & Gamble:

P&G also sponsors many Spanish-language TV shows. They were one of the first big advertisers on Spanish-language TV in the 1980s.

P&G has been a major sponsor of the Summer Olympics since 2012 and the Winter Olympics since 2014. They will also sponsor the 2024 Summer Olympics in Paris and the 2026 Winter Olympics in Italy. Their Olympic ads often show Olympic athletes as children, highlighting how their mothers supported them.

Diversity at P&G

In 2019, P&G's CEO David Taylor said that the world would be better if half of his company's board of directors were women. He noted that P&G sells products to more than 50% women. By mid-2020, P&G's board of directors had an equal number of men and women.

Images for kids

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  Headquarters in Cincinnati, Ohio

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  Logo since 2013, concurrently used with the 2002 lettermark

See also

In Spanish: Procter & Gamble para niños