The Procter & Gamble (PG) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter showed a modest year-over-year increase, but declined sequentially from the immediately preceding quarter. The pace of year-over-year growth has slowed compared to earlier quarters in the fiscal year.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q3
Revenue for the quarter showed a modest year-over-year increase, but declined sequentially from the immediately preceding quarter. The pace of year-over-year growth has slowed compared to earlier quarters in the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$20.2B
Revenue reported for this quarter.
Quarter-over-quarter
-5.8%
Change from the immediately preceding quarter.
Year-over-year
+0.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$84.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $20.6B | +5.3% |
| Sep 30, 2023 | $21.9B | +6.1% |
| Dec 31, 2023 | $21.4B | +3.2% |
| Mar 31, 2024 | $20.2B | +0.6% |
Revenue performance
The reported revenue reflects a slight improvement from the same period a year earlier, yet the sequential decline points to a softer quarter.
Quarterly comparison
Compared with the prior quarter, revenue decreased. Compared with the same quarter one year ago, revenue was slightly higher.
What to watch
Monitor whether the decelerating year-over-year growth trend persists in upcoming quarters.