Risk factors

Procter & GAMBLE (PG) risk factors

Item 1A of every Procter & GAMBLE Co. 10-K on file, and what changed from one year to the next.

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  • FY2026 10-K risk factors

    17 risks, 2 new, 2 dropped, 8 reworded since the prior year. Middle East conflict is now explicitly tied to energy, supply-chain, inflation and trade-restriction risks.

    Filed Aug 04, 2026
  • FY2025 10-K risk factors

    20 risks. Global operations expose P&G to currency controls, geopolitical disruption, supply-chain failures and volatile input costs.

    Filed Aug 04, 2025