A Winning Plan that is Working and Delivering Results
P&G is a profoundly different company than it was just a few years ago. Since the CEO transition on November 1, 2015, our team has delivered Total Shareholder Return (TSR) of 28%—well above the vast majority of peers. P&G also outperformed the S&P 500, which delivered a TSR of 21% in that same timeframe.1
P&G returned nearly $13 billion in dividends to shareholders during this period.
Constant currency core EPS growth for the past five years has averaged 11%. Core gross margin is up 2% (4.5% excluding currency impacts). Core operating margin is up 2.7% (6.1% excluding foreign exchange). This has led to an aggregate 22% core operating profit margin – the third highest in the industry.
*This is on a constant currency basis
Over the past ten years, P&G has returned more than $130 billion of capital to shareholders in the form of dividends and share repurchases, among the best in our industry and among the elite across all industries.
Source: Company Filings, Capital IQ.
1Source: Market data as of August 18, 2017. The peers selected by Trian in its July 17, 2017 Introductory Presentation are as follows: Beiersdorf, Church & Dwight, Clorox, Colgate-Palmolive, Edgewell Personal Care, Henkel, Kimberly-Clark, L’Oreal, Reckitt Benckiser, Unilever. The TSR for “P&G Peers Per Trian” is a simple average, which follows the same methodology utilized by Trian in its measurement of the same peer constituency in its presentation filed with the SEC on July 17, 2017. The TSR for “Peltz Serving on Board” is a weighted average based on the market capitalization of Madison Square Garden, Mondelez, Sysco and Wendy’s. “S&P Consumer Staples Index” and “S&P 500 Index” represent the TSR of indices maintained by Standard & Poor’s, which are weighted based on the market capitalization of the index constituents.
2P&G share repurhcases includes shares retired as part of Duracell and P&G Beauty divestitures.
Please click here for Non GAAP Reconciliation Information.