HLN vs. PG: Haleon vs. Procter & Gamble Stock Comparison

August 16, 2026

How do Haleon (HLN) and Procter & Gamble (PG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Haleon (HLN) and Procter & Gamble (PG) both fall under the Household & Personal Products industry group, but HLN is classified in Personal Care Products while PG is classified in Household Products.

Procter & Gamble (PG) has more than two decades of public-market history since January 2, 1962, whereas Haleon (HLN) listed on July 25, 2022 and has a much shorter record to draw on.

Procter & Gamble (PG) trades as ordinary local shares, while Haleon (HLN) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Haleon (HLN) and Procter & Gamble (PG)
Profile Item	HLN	PG
Name	Haleon Plc - ADR	Procter & Gamble Co
Country/Region	United Kingdom	United States
GICS Sector	Consumer Staples	Consumer Staples
GICS Industry Group	Household & Personal Products	Household & Personal Products
GICS Industry	Personal Care Products	Household Products
GICS Sub-Industry	Personal Care Products	Household Products
Market Capitalization	42.72 billion USD	336.00 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	July 25, 2022	January 2, 1962
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

HLN

GSPC

Haleon (HLN) vs. Procter & Gamble (PG), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Haleon (HLN) and Procter & Gamble (PG). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Haleon (HLN) and Procter & Gamble (PG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Haleon (HLN) and Procter & Gamble (PG)
Metric	HLN	PG
Total Return (1Y)	2.62%	-3.21%
Total Return (3Y, Annualized)	5.88%	0.14%
Total Return (5Y, Annualized)	--	2.73%

Risk Profile

Drawdown History

HLN

GSPC

Haleon (HLN) vs. Procter & Gamble (PG), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Haleon (HLN) and Procter & Gamble (PG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Haleon (HLN) and Procter & Gamble (PG)
Metric	HLN	PG
Volatility (1Y, Annualized)	22.50%	19.68%
Beta (5Y)	0.11	0.38
Max Drawdown (5Y)	-24.83%	-23.77%
Avg. Volume (3M)	9.46M	8.83M

Risk-Adjusted Performance

Risk-Return Positioning

HLN and PG are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Haleon (HLN) and Procter & Gamble (PG)
Metric	HLN	PG
Sharpe Ratio (1Y)	-0.06	-0.36
Sortino Ratio (1Y)	-0.09	-0.52

Profitability

ROE (TTM)

Both Haleon (HLN) at 10.09% and Procter & Gamble (PG) at 30.29% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

HLN

Household & Personal Products industry group

10.09%

Max: 42.18%
Q3: 30.68%
Median: 15.51%
HLN: 10.09%
Q1: -0.54%
Min: -20.43%

PG

Household & Personal Products industry group

30.29%

Max: 42.18%
Q3: 30.68%
PG: 30.29%
Median: 15.51%
Q1: -0.54%
Min: -20.43%

Haleon (HLN) vs. Procter & Gamble (PG): A comparison of their ROE against the Household & Personal Products industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Haleon (HLN) at 14.55% and Procter & Gamble (PG) at 18.44% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

HLN

Household & Personal Products industry group

14.55%

Max: 18.44%
HLN: 14.55%
Q3: 11.31%
Median: 7.12%
Q1: 0.51%
Min: -9.20%

PG

Household & Personal Products industry group

18.44%

PG: 18.44%
Max: 18.44%
Q3: 11.31%
Median: 7.12%
Q1: 0.51%
Min: -9.20%

Haleon (HLN) vs. Procter & Gamble (PG): A comparison of their net margin against the Household & Personal Products industry group benchmark.

Operating Margin (TTM)

Both Haleon (HLN) at 23.94% and Procter & Gamble (PG) at 22.09% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

HLN

Household & Personal Products industry group

23.94%

Max: 24.77%
HLN: 23.94%
Q3: 19.31%
Median: 14.31%
Q1: 11.80%
Min: 8.81%

PG

Household & Personal Products industry group

22.09%

Max: 24.77%
PG: 22.09%
Q3: 19.31%
Median: 14.31%
Q1: 11.80%
Min: 8.81%

Haleon (HLN) vs. Procter & Gamble (PG): A comparison of their operating margin against the Household & Personal Products industry group benchmark.

Profitability Metrics

Profitability metrics for Haleon (HLN) and Procter & Gamble (PG)
Metric	HLN	PG
ROE (TTM)	10.09%	30.29%
ROA (TTM)	5.08%	10.72%
Net Margin (TTM)	14.55%	18.44%
Operating Margin (TTM)	23.94%	22.09%
Gross Margin (TTM)	65.57%	50.87%

Growth

Revenue Growth

Procter & Gamble (PG) at 3.26% sits in the top revenue growth quartile, while Haleon (HLN) at -1.81% is closer to the peer norm — faster top-line expansion for PG.

Haleon (HLN) vs. Procter & Gamble (PG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Haleon (HLN) at 17.83% and Procter & Gamble (PG) at 1.69% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Haleon (HLN) vs. Procter & Gamble (PG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Haleon (HLN) and Procter & Gamble (PG)
Metric	HLN	PG
Revenue Growth (YoY)	-1.81%	3.26%
Revenue Growth (3Y CAGR)	0.53%	2.00%
EPS Growth (YoY)	17.83%	1.69%
EPS Growth (3Y CAGR)	17.17%	3.91%

Financial Strength

Current Ratio (MRQ)

Both Haleon (HLN) at 0.69 and Procter & Gamble (PG) at 0.68 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

HLN

Household & Personal Products industry group

0.69

Max: 4.06
Q3: 3.23
Median: 1.85
Q1: 1.01
HLN: 0.69
Min: 0.66

PG

Household & Personal Products industry group

0.68

Max: 4.06
Q3: 3.23
Median: 1.85
Q1: 1.01
PG: 0.68
Min: 0.66

Haleon (HLN) vs. Procter & Gamble (PG): A comparison of their current ratio against the Household & Personal Products industry group benchmark.

Debt / Equity (MRQ)

Both Haleon (HLN) at 0.50 and Procter & Gamble (PG) at 0.64 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

HLN

Household & Personal Products industry group

0.50

Max: 3.49
Q3: 1.82
Median: 0.80
HLN: 0.50
Q1: 0.42
Min: 0.06

PG

Household & Personal Products industry group

0.64

Max: 3.49
Q3: 1.82
Median: 0.80
PG: 0.64
Q1: 0.42
Min: 0.06

Haleon (HLN) vs. Procter & Gamble (PG): A comparison of their debt-to-equity ratio against the Household & Personal Products industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Haleon (HLN) and Procter & Gamble (PG)
Metric	HLN	PG
Current Ratio (MRQ)	0.69	0.68
Debt / Equity (MRQ)	0.50	0.64
Net Debt / EBITDA	2.61	1.01

Dividends

Dividend Yield (TTM)

Procter & Gamble (PG) at 2.95% delivers top-quartile income for its industry, while Haleon (HLN) at 0.75% pays a more typical yield — both are credible income propositions, PG the richer one.

HLN

Household & Personal Products industry group

0.75%

Max: 5.29%
Q3: 2.91%
Median: 1.40%
HLN: 0.75%
Q1: 0.00%
Min: 0.00%

PG

Household & Personal Products industry group

2.95%

Max: 5.29%
PG: 2.95%
Q3: 2.91%
Median: 1.40%
Q1: 0.00%
Min: 0.00%

Haleon (HLN) vs. Procter & Gamble (PG): A comparison of their dividend yield against the Household & Personal Products industry group benchmark.

Dividend Payout Ratio (TTM)

Both Haleon (HLN) at 39.53% and Procter & Gamble (PG) at 64.33% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

HLN

Household & Personal Products industry group

39.53%

Max: 103.12%
Q3: 81.36%
Median: 47.99%
HLN: 39.53%
Q1: 0.00%
Min: 0.00%

PG

Household & Personal Products industry group

64.33%

Max: 103.12%
Q3: 81.36%
PG: 64.33%
Median: 47.99%
Q1: 0.00%
Min: 0.00%

Haleon (HLN) vs. Procter & Gamble (PG): A comparison of their payout ratio against the Household & Personal Products industry group benchmark.

Dividend Metrics

Dividend metrics for Haleon (HLN) and Procter & Gamble (PG)
Metric	HLN	PG
Dividend Yield (TTM)	0.75%	2.95%
Dividend Payout Ratio (TTM)	39.53%	64.33%

Valuation

P/E Ratio (TTM)

Both Haleon (HLN) at 19.80 and Procter & Gamble (PG) at 21.80 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

HLN

Household & Personal Products industry group

19.80

Max: 36.20
Q3: 24.73
Median: 21.81
HLN: 19.80
Q1: 16.57
Min: 7.57

PG

Household & Personal Products industry group

21.80

Max: 36.20
Q3: 24.73
Median: 21.81
PG: 21.80
Q1: 16.57
Min: 7.57

Haleon (HLN) vs. Procter & Gamble (PG): A comparison of their P/E ratio against the Household & Personal Products industry group benchmark.

P/S Ratio (TTM)

Both Haleon (HLN) at 3.83 and Procter & Gamble (PG) at 3.87 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

HLN

Household & Personal Products industry group

3.83

Max: 4.75
HLN: 3.83
Q3: 3.28
Median: 2.00
Q1: 0.73
Min: 0.07

PG

Household & Personal Products industry group

3.87

Max: 4.75
PG: 3.87
Q3: 3.28
Median: 2.00
Q1: 0.73
Min: 0.07

Haleon (HLN) vs. Procter & Gamble (PG): A comparison of their P/S ratio against the Household & Personal Products industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Haleon (HLN) at 1.95 and Procter & Gamble (PG) at 6.30 are valued close to their industries’ norm against book — neither stands out from peers.

HLN

Household & Personal Products industry group

1.95

Max: 11.05
Q3: 7.77
Median: 3.83
HLN: 1.95
Q1: 1.41
Min: -2.72

PG

Household & Personal Products industry group

6.30

Max: 11.05
Q3: 7.77
PG: 6.30
Median: 3.83
Q1: 1.41
Min: -2.72

Haleon (HLN) vs. Procter & Gamble (PG): A comparison of their P/B ratio against the Household & Personal Products industry group benchmark.

Valuation Metrics

Valuation metrics for Haleon (HLN) and Procter & Gamble (PG)
Metric	HLN	PG
P/E Ratio (TTM)	19.80	21.80
P/S Ratio (TTM)	3.83	3.87
P/B Ratio (MRQ)	1.95	6.30
Free Cash Flow Yield (TTM)	4.22%	3.95%