Stock Analysis on Net

Colgate-Palmolive Co. (NYSE:CL)

This company has been moved to the archive! The financial data has not been updated since July 28, 2023.

Analysis of Profitability Ratios 

Microsoft Excel

Profitability Ratios (Summary)

Colgate-Palmolive Co., profitability ratios

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Return on Sales
Gross profit margin 57.04% 59.55% 60.82% 59.42% 59.39%
Operating profit margin 16.10% 19.13% 23.59% 22.65% 23.76%
Net profit margin 9.93% 12.43% 16.36% 15.08% 15.44%
Return on Investment
Return on equity (ROE) 445.14% 355.67% 362.72% 2,023.08%
Return on assets (ROA) 11.35% 14.40% 16.93% 15.74% 19.74%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Colgate-Palmolive Co. gross profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Colgate-Palmolive Co. operating profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Colgate-Palmolive Co. net profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Colgate-Palmolive Co. ROE deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level.
ROA A profitability ratio calculated as net income divided by total assets. Colgate-Palmolive Co. ROA deteriorated from 2020 to 2021 and from 2021 to 2022.

Gross Profit Margin

Colgate-Palmolive Co., gross profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Gross profit 10,248 10,375 10,017 9,325 9,231
Net sales 17,967 17,421 16,471 15,693 15,544
Profitability Ratio
Gross profit margin1 57.04% 59.55% 60.82% 59.42% 59.39%
Benchmarks
Gross Profit Margin, Competitors2
Procter & Gamble Co. 47.43% 51.25% 50.32% 48.63%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Gross profit margin = 100 × Gross profit ÷ Net sales
= 100 × 10,248 ÷ 17,967 = 57.04%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Colgate-Palmolive Co. gross profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Operating Profit Margin

Colgate-Palmolive Co., operating profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Operating profit 2,893 3,332 3,885 3,554 3,694
Net sales 17,967 17,421 16,471 15,693 15,544
Profitability Ratio
Operating profit margin1 16.10% 19.13% 23.59% 22.65% 23.76%
Benchmarks
Operating Profit Margin, Competitors2
Procter & Gamble Co. 22.21% 23.63% 22.14% 8.11%
Operating Profit Margin, Industry
Consumer Staples 9.22% 9.19% 8.88% 8.07%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Operating profit margin = 100 × Operating profit ÷ Net sales
= 100 × 2,893 ÷ 17,967 = 16.10%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Colgate-Palmolive Co. operating profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Net Profit Margin

Colgate-Palmolive Co., net profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net income attributable to Colgate-Palmolive Company 1,785 2,166 2,695 2,367 2,400
Net sales 17,967 17,421 16,471 15,693 15,544
Profitability Ratio
Net profit margin1 9.93% 12.43% 16.36% 15.08% 15.44%
Benchmarks
Net Profit Margin, Competitors2
Procter & Gamble Co. 18.38% 18.79% 18.36% 5.76%
Net Profit Margin, Industry
Consumer Staples 6.43% 6.12% 6.32% 4.14%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Net profit margin = 100 × Net income attributable to Colgate-Palmolive Company ÷ Net sales
= 100 × 1,785 ÷ 17,967 = 9.93%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Colgate-Palmolive Co. net profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Return on Equity (ROE)

Colgate-Palmolive Co., ROE calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net income attributable to Colgate-Palmolive Company 1,785 2,166 2,695 2,367 2,400
Total Colgate-Palmolive Company shareholders’ equity 401 609 743 117 (102)
Profitability Ratio
ROE1 445.14% 355.67% 362.72% 2,023.08%
Benchmarks
ROE, Competitors2
Procter & Gamble Co. 31.64% 30.85% 28.00% 8.26%
ROE, Industry
Consumer Staples 38.84% 35.60% 35.51% 22.58%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
ROE = 100 × Net income attributable to Colgate-Palmolive Company ÷ Total Colgate-Palmolive Company shareholders’ equity
= 100 × 1,785 ÷ 401 = 445.14%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Colgate-Palmolive Co. ROE deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level.

Return on Assets (ROA)

Colgate-Palmolive Co., ROA calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net income attributable to Colgate-Palmolive Company 1,785 2,166 2,695 2,367 2,400
Total assets 15,731 15,040 15,920 15,034 12,161
Profitability Ratio
ROA1 11.35% 14.40% 16.93% 15.74% 19.74%
Benchmarks
ROA, Competitors2
Procter & Gamble Co. 12.58% 11.99% 10.79% 3.39%
ROA, Industry
Consumer Staples 9.73% 8.87% 8.56% 5.91%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
ROA = 100 × Net income attributable to Colgate-Palmolive Company ÷ Total assets
= 100 × 1,785 ÷ 15,731 = 11.35%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Colgate-Palmolive Co. ROA deteriorated from 2020 to 2021 and from 2021 to 2022.