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36 - Procter & Gamble

Procter & Gamble Co. (P&G) Tide brand laundry detergent is displayed for sale inside a Costco Wholesale Corp. store in Nashville, Tennessee, U.S., on Friday, Sept. 25, 2015. Costco Wholesale Corp., the largest U.S. warehouse-club chain, is expected to release fourth-quarter earnings figures on September 29. Photographer: Luke Sharrett/Bloomberg via Getty Images Luke Sharrett — Bloomberg via Getty Images

Consumer products giant Procter & Gamble has been trying to reignite its business by shedding brands. Last year the company sold off Duracell to Berkshire Hathaway and 41 of its beauty labels including Clairol and CoverGirl to Coty. Instead it’s focusing on 10 core areas and 65 brands including fabric care (e.g. Tide), baby care (Pampers), and grooming (Gillette). Sales dropped 9% last year as foreign exchange impacts hit the company hard. CEO David Taylor us cost cutting in areas like supply chain and marketing. But pressure on the company is mounting. In February reports surfaced that activist investor Trian had taken a $3.5 billion stake in the company.

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Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$71726
Revenue Percent Change-8.9%
Profits ($M)$10,508.0
Profits Percent Change49.3%
Assets ($M)$127136
Market Value — as of March 31, 2017 ($M)$229,700
Employees105,000
Previous Rank34

Company Facts

Employees105,000
SectorHousehold Products
IndustryHousehold and Personal Products
HQ LocationCincinnati, OH
CEODavid S. Taylor
CEO Title-
Websitewww.pg.com
Years on Fortune 500 List23

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