Analysis of Reportable Segments
Colgate-Palmolive Co. operates in 6 segments: North America; Latin America; Europe; Asia Pacific; Africa/Eurasia; and Pet Nutrition.
Segment Profit Margin
Colgate-Palmolive Co., profit margin by reportable segment
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| North America | 19.94% | 20.41% | 26.41% | 28.68% | 30.97% |
| Latin America | 27.83% | 27.63% | 28.53% | 26.71% | 27.60% |
| Europe | 20.17% | 24.01% | 23.73% | 25.47% | 25.34% |
| Asia Pacific | 26.08% | 29.44% | 28.62% | 27.67% | 28.42% |
| Africa/Eurasia | 21.07% | 19.43% | 21.00% | 19.06% | 17.89% |
| Pet Nutrition | 22.89% | 27.21% | 27.51% | 27.84% | 28.48% |
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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | North America | North America segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
| Latin America | Latin America segment profit margin ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022. | |
| Europe | Europe segment profit margin ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. | |
| Asia Pacific | Asia Pacific segment profit margin ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. | |
| Africa/Eurasia | Africa/Eurasia segment profit margin ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. | |
| Pet Nutrition | Pet Nutrition segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Segment Profit Margin: North America
Colgate-Palmolive Co.; North America; segment profit margin calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 761) | 754) | 988) | 982) | 1,037) |
| Net sales | 3,816) | 3,694) | 3,741) | 3,424) | 3,348) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 19.94% | 20.41% | 26.41% | 28.68% | 30.97% |
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
Segment profit margin = 100 × Operating profit ÷ Net sales
= 100 × 761 ÷ 3,816 = 19.94%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | North America | North America segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Segment Profit Margin: Latin America
Colgate-Palmolive Co.; Latin America; segment profit margin calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 1,108) | 1,012) | 975) | 963) | 995) |
| Net sales | 3,982) | 3,663) | 3,418) | 3,606) | 3,605) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 27.83% | 27.63% | 28.53% | 26.71% | 27.60% |
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
Segment profit margin = 100 × Operating profit ÷ Net sales
= 100 × 1,108 ÷ 3,982 = 27.83%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Latin America | Latin America segment profit margin ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022. |
Segment Profit Margin: Europe
Colgate-Palmolive Co.; Europe; segment profit margin calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 514) | 682) | 652) | 624) | 634) |
| Net sales | 2,548) | 2,841) | 2,747) | 2,450) | 2,502) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 20.17% | 24.01% | 23.73% | 25.47% | 25.34% |
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
Segment profit margin = 100 × Operating profit ÷ Net sales
= 100 × 514 ÷ 2,548 = 20.17%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Europe | Europe segment profit margin ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Segment Profit Margin: Asia Pacific
Colgate-Palmolive Co.; Asia Pacific; segment profit margin calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 737) | 844) | 773) | 749) | 777) |
| Net sales | 2,826) | 2,867) | 2,701) | 2,707) | 2,734) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 26.08% | 29.44% | 28.62% | 27.67% | 28.42% |
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
Segment profit margin = 100 × Operating profit ÷ Net sales
= 100 × 737 ÷ 2,826 = 26.08%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Asia Pacific | Asia Pacific segment profit margin ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Segment Profit Margin: Africa/Eurasia
Colgate-Palmolive Co.; Africa/Eurasia; segment profit margin calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 228) | 203) | 206) | 187) | 173) |
| Net sales | 1,082) | 1,045) | 981) | 981) | 967) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 21.07% | 19.43% | 21.00% | 19.06% | 17.89% |
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
Segment profit margin = 100 × Operating profit ÷ Net sales
= 100 × 228 ÷ 1,082 = 21.07%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Africa/Eurasia | Africa/Eurasia segment profit margin ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Segment Profit Margin: Pet Nutrition
Colgate-Palmolive Co.; Pet Nutrition; segment profit margin calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 850) | 901) | 793) | 703) | 680) |
| Net sales | 3,713) | 3,311) | 2,883) | 2,525) | 2,388) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 22.89% | 27.21% | 27.51% | 27.84% | 28.48% |
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
Segment profit margin = 100 × Operating profit ÷ Net sales
= 100 × 850 ÷ 3,713 = 22.89%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Pet Nutrition | Pet Nutrition segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Segment Return on Assets (Segment ROA)
Colgate-Palmolive Co., ROA by reportable segment
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| North America | 18.97% | 18.58% | 23.91% | 27.46% | 31.33% |
| Latin America | 42.57% | 42.72% | 43.31% | 40.39% | 44.72% |
| Europe | 14.87% | 15.39% | 12.11% | 12.23% | 21.99% |
| Asia Pacific | 35.35% | 39.06% | 34.02% | 34.76% | 36.17% |
| Africa/Eurasia | 32.85% | 33.89% | 34.05% | 31.69% | 34.46% |
| Pet Nutrition | 30.31% | 67.14% | 65.54% | 59.83% | 65.83% |
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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | North America | North America segment ROA deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022. |
| Latin America | Latin America segment ROA deteriorated from 2020 to 2021 and from 2021 to 2022. | |
| Europe | Europe segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. | |
| Asia Pacific | Asia Pacific segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. | |
| Africa/Eurasia | Africa/Eurasia segment ROA deteriorated from 2020 to 2021 and from 2021 to 2022. | |
| Pet Nutrition | Pet Nutrition segment ROA improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Segment ROA: North America
Colgate-Palmolive Co.; North America; segment ROA calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 761) | 754) | 988) | 982) | 1,037) |
| Identifiable assets | 4,012) | 4,058) | 4,132) | 3,576) | 3,310) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 18.97% | 18.58% | 23.91% | 27.46% | 31.33% |
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
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 761 ÷ 4,012 = 18.97%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | North America | North America segment ROA deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022. |
Segment ROA: Latin America
Colgate-Palmolive Co.; Latin America; segment ROA calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 1,108) | 1,012) | 975) | 963) | 995) |
| Identifiable assets | 2,603) | 2,369) | 2,251) | 2,384) | 2,225) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 42.57% | 42.72% | 43.31% | 40.39% | 44.72% |
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
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 1,108 ÷ 2,603 = 42.57%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Latin America | Latin America segment ROA deteriorated from 2020 to 2021 and from 2021 to 2022. |
Segment ROA: Europe
Colgate-Palmolive Co.; Europe; segment ROA calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 514) | 682) | 652) | 624) | 634) |
| Identifiable assets | 3,457) | 4,432) | 5,386) | 5,104) | 2,883) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 14.87% | 15.39% | 12.11% | 12.23% | 21.99% |
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
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 514 ÷ 3,457 = 14.87%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Europe | Europe segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment ROA: Asia Pacific
Colgate-Palmolive Co.; Asia Pacific; segment ROA calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 737) | 844) | 773) | 749) | 777) |
| Identifiable assets | 2,085) | 2,161) | 2,272) | 2,155) | 2,148) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 35.35% | 39.06% | 34.02% | 34.76% | 36.17% |
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
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 737 ÷ 2,085 = 35.35%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Asia Pacific | Asia Pacific segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
Segment ROA: Africa/Eurasia
Colgate-Palmolive Co.; Africa/Eurasia; segment ROA calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 228) | 203) | 206) | 187) | 173) |
| Identifiable assets | 694) | 599) | 605) | 590) | 502) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 32.85% | 33.89% | 34.05% | 31.69% | 34.46% |
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
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 228 ÷ 694 = 32.85%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Africa/Eurasia | Africa/Eurasia segment ROA deteriorated from 2020 to 2021 and from 2021 to 2022. |
Segment ROA: Pet Nutrition
Colgate-Palmolive Co.; Pet Nutrition; segment ROA calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 850) | 901) | 793) | 703) | 680) |
| Identifiable assets | 2,804) | 1,342) | 1,210) | 1,175) | 1,033) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 30.31% | 67.14% | 65.54% | 59.83% | 65.83% |
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
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 850 ÷ 2,804 = 30.31%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Pet Nutrition | Pet Nutrition segment ROA improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Segment Asset Turnover
Colgate-Palmolive Co., asset turnover by reportable segment
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| North America | 0.95 | 0.91 | 0.91 | 0.96 | 1.01 |
| Latin America | 1.53 | 1.55 | 1.52 | 1.51 | 1.62 |
| Europe | 0.74 | 0.64 | 0.51 | 0.48 | 0.87 |
| Asia Pacific | 1.36 | 1.33 | 1.19 | 1.26 | 1.27 |
| Africa/Eurasia | 1.56 | 1.74 | 1.62 | 1.66 | 1.93 |
| Pet Nutrition | 1.32 | 2.47 | 2.38 | 2.15 | 2.31 |
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).
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | North America | North America segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
| Latin America | Latin America segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. | |
| Europe | Europe segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. | |
| Asia Pacific | Asia Pacific segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. | |
| Africa/Eurasia | Africa/Eurasia segment asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. | |
| Pet Nutrition | Pet Nutrition segment asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Segment Asset Turnover: North America
Colgate-Palmolive Co.; North America; segment asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net sales | 3,816) | 3,694) | 3,741) | 3,424) | 3,348) |
| Identifiable assets | 4,012) | 4,058) | 4,132) | 3,576) | 3,310) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.95 | 0.91 | 0.91 | 0.96 | 1.01 |
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
Segment asset turnover = Net sales ÷ Identifiable assets
= 3,816 ÷ 4,012 = 0.95
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | North America | North America segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Segment Asset Turnover: Latin America
Colgate-Palmolive Co.; Latin America; segment asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net sales | 3,982) | 3,663) | 3,418) | 3,606) | 3,605) |
| Identifiable assets | 2,603) | 2,369) | 2,251) | 2,384) | 2,225) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 1.53 | 1.55 | 1.52 | 1.51 | 1.62 |
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
Segment asset turnover = Net sales ÷ Identifiable assets
= 3,982 ÷ 2,603 = 1.53
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Latin America | Latin America segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
Segment Asset Turnover: Europe
Colgate-Palmolive Co.; Europe; segment asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net sales | 2,548) | 2,841) | 2,747) | 2,450) | 2,502) |
| Identifiable assets | 3,457) | 4,432) | 5,386) | 5,104) | 2,883) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.74 | 0.64 | 0.51 | 0.48 | 0.87 |
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
Segment asset turnover = Net sales ÷ Identifiable assets
= 2,548 ÷ 3,457 = 0.74
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Europe | Europe segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Segment Asset Turnover: Asia Pacific
Colgate-Palmolive Co.; Asia Pacific; segment asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net sales | 2,826) | 2,867) | 2,701) | 2,707) | 2,734) |
| Identifiable assets | 2,085) | 2,161) | 2,272) | 2,155) | 2,148) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 1.36 | 1.33 | 1.19 | 1.26 | 1.27 |
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
Segment asset turnover = Net sales ÷ Identifiable assets
= 2,826 ÷ 2,085 = 1.36
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Asia Pacific | Asia Pacific segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Segment Asset Turnover: Africa/Eurasia
Colgate-Palmolive Co.; Africa/Eurasia; segment asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net sales | 1,082) | 1,045) | 981) | 981) | 967) |
| Identifiable assets | 694) | 599) | 605) | 590) | 502) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 1.56 | 1.74 | 1.62 | 1.66 | 1.93 |
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
Segment asset turnover = Net sales ÷ Identifiable assets
= 1,082 ÷ 694 = 1.56
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Africa/Eurasia | Africa/Eurasia segment asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Segment Asset Turnover: Pet Nutrition
Colgate-Palmolive Co.; Pet Nutrition; segment asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net sales | 3,713) | 3,311) | 2,883) | 2,525) | 2,388) |
| Identifiable assets | 2,804) | 1,342) | 1,210) | 1,175) | 1,033) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 1.32 | 2.47 | 2.38 | 2.15 | 2.31 |
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
Segment asset turnover = Net sales ÷ Identifiable assets
= 3,713 ÷ 2,804 = 1.32
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Pet Nutrition | Pet Nutrition segment asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Segment Capital Expenditures to Depreciation
Colgate-Palmolive Co., capital expenditures to depreciation by reportable segment
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| North America | 0.62 | 0.84 | 0.64 | 0.46 | 0.60 |
| Latin America | 1.30 | 1.34 | 1.28 | 1.07 | 1.60 |
| Europe | 0.34 | 0.45 | 0.44 | 0.58 | 0.56 |
| Asia Pacific | 0.67 | 0.52 | 0.54 | 0.40 | 0.73 |
| Africa/Eurasia | 3.33 | 3.67 | 1.44 | 1.00 | 1.38 |
| Pet Nutrition | 4.57 | 2.37 | 0.97 | 0.75 | 0.66 |
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).
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | North America | North America segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
| Latin America | Latin America segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. | |
| Europe | Europe segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. | |
| Asia Pacific | Asia Pacific segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. | |
| Africa/Eurasia | Africa/Eurasia segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. | |
| Pet Nutrition | Pet Nutrition segment capital expenditures to depreciation ratio improved from 2020 to 2021 and from 2021 to 2022. |
Segment Capital Expenditures to Depreciation: North America
Colgate-Palmolive Co.; North America; segment capital expenditures to depreciation calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital expenditures | 66) | 87) | 65) | 43) | 53) |
| Depreciation and amortization | 106) | 104) | 101) | 94) | 88) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 0.62 | 0.84 | 0.64 | 0.46 | 0.60 |
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
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 66 ÷ 106 = 0.62
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | North America | North America segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Segment Capital Expenditures to Depreciation: Latin America
Colgate-Palmolive Co.; Latin America; segment capital expenditures to depreciation calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital expenditures | 121) | 118) | 104) | 90) | 131) |
| Depreciation and amortization | 93) | 88) | 81) | 84) | 82) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.30 | 1.34 | 1.28 | 1.07 | 1.60 |
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
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 121 ÷ 93 = 1.30
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Latin America | Latin America segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
Segment Capital Expenditures to Depreciation: Europe
Colgate-Palmolive Co.; Europe; segment capital expenditures to depreciation calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital expenditures | 31) | 44) | 41) | 42) | 39) |
| Depreciation and amortization | 90) | 98) | 94) | 72) | 70) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 0.34 | 0.45 | 0.44 | 0.58 | 0.56 |
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
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 31 ÷ 90 = 0.34
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Europe | Europe segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Segment Capital Expenditures to Depreciation: Asia Pacific
Colgate-Palmolive Co.; Asia Pacific; segment capital expenditures to depreciation calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital expenditures | 60) | 50) | 51) | 40) | 75) |
| Depreciation and amortization | 89) | 96) | 95) | 100) | 103) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 0.67 | 0.52 | 0.54 | 0.40 | 0.73 |
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
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 60 ÷ 89 = 0.67
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Asia Pacific | Asia Pacific segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Segment Capital Expenditures to Depreciation: Africa/Eurasia
Colgate-Palmolive Co.; Africa/Eurasia; segment capital expenditures to depreciation calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital expenditures | 30) | 33) | 13) | 8) | 11) |
| Depreciation and amortization | 9) | 9) | 9) | 8) | 8) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 3.33 | 3.67 | 1.44 | 1.00 | 1.38 |
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
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 30 ÷ 9 = 3.33
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Africa/Eurasia | Africa/Eurasia segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment Capital Expenditures to Depreciation: Pet Nutrition
Colgate-Palmolive Co.; Pet Nutrition; segment capital expenditures to depreciation calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital expenditures | 297) | 147) | 56) | 41) | 35) |
| Depreciation and amortization | 65) | 62) | 58) | 55) | 53) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 4.57 | 2.37 | 0.97 | 0.75 | 0.66 |
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
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 297 ÷ 65 = 4.57
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Pet Nutrition | Pet Nutrition segment capital expenditures to depreciation ratio improved from 2020 to 2021 and from 2021 to 2022. |
Net sales
Colgate-Palmolive Co., net sales by reportable segment
US$ in millions
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| North America | 3,816) | 3,694) | 3,741) | 3,424) | 3,348) |
| Latin America | 3,982) | 3,663) | 3,418) | 3,606) | 3,605) |
| Europe | 2,548) | 2,841) | 2,747) | 2,450) | 2,502) |
| Asia Pacific | 2,826) | 2,867) | 2,701) | 2,707) | 2,734) |
| Africa/Eurasia | 1,082) | 1,045) | 981) | 981) | 967) |
| Oral, Personal and Home Care | 14,254) | 14,110) | 13,588) | 13,168) | 13,156) |
| Pet Nutrition | 3,713) | 3,311) | 2,883) | 2,525) | 2,388) |
| Total | 17,967) | 17,421) | 16,471) | 15,693) | 15,544) |
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).
Operating profit
Colgate-Palmolive Co., operating profit by reportable segment
US$ in millions
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| North America | 761) | 754) | 988) | 982) | 1,037) |
| Latin America | 1,108) | 1,012) | 975) | 963) | 995) |
| Europe | 514) | 682) | 652) | 624) | 634) |
| Asia Pacific | 737) | 844) | 773) | 749) | 777) |
| Africa/Eurasia | 228) | 203) | 206) | 187) | 173) |
| Oral, Personal and Home Care | 3,348) | 3,495) | 3,594) | 3,505) | 3,616) |
| Pet Nutrition | 850) | 901) | 793) | 703) | 680) |
| Corporate | (1,305) | (1,064) | (502) | (654) | (602) |
| Total | 2,893) | 3,332) | 3,885) | 3,554) | 3,694) |
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).
Capital expenditures
Colgate-Palmolive Co., capital expenditures by reportable segment
US$ in millions
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| North America | 66) | 87) | 65) | 43) | 53) |
| Latin America | 121) | 118) | 104) | 90) | 131) |
| Europe | 31) | 44) | 41) | 42) | 39) |
| Asia Pacific | 60) | 50) | 51) | 40) | 75) |
| Africa/Eurasia | 30) | 33) | 13) | 8) | 11) |
| Oral, Personal and Home Care | 308) | 332) | 274) | 223) | 309) |
| Pet Nutrition | 297) | 147) | 56) | 41) | 35) |
| Corporate | 91) | 88) | 79) | 71) | 92) |
| Total | 696) | 567) | 409) | 335) | 436) |
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).
Depreciation and amortization
Colgate-Palmolive Co., depreciation and amortization by reportable segment
US$ in millions
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| North America | 106) | 104) | 101) | 94) | 88) |
| Latin America | 93) | 88) | 81) | 84) | 82) |
| Europe | 90) | 98) | 94) | 72) | 70) |
| Asia Pacific | 89) | 96) | 95) | 100) | 103) |
| Africa/Eurasia | 9) | 9) | 9) | 8) | 8) |
| Oral, Personal and Home Care | 387) | 395) | 380) | 358) | 351) |
| Pet Nutrition | 65) | 62) | 58) | 55) | 53) |
| Corporate | 93) | 99) | 101) | 106) | 107) |
| Total | 545) | 556) | 539) | 519) | 511) |
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).
Identifiable assets
Colgate-Palmolive Co., identifiable assets by reportable segment
US$ in millions
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| North America | 4,012) | 4,058) | 4,132) | 3,576) | 3,310) |
| Latin America | 2,603) | 2,369) | 2,251) | 2,384) | 2,225) |
| Europe | 3,457) | 4,432) | 5,386) | 5,104) | 2,883) |
| Asia Pacific | 2,085) | 2,161) | 2,272) | 2,155) | 2,148) |
| Africa/Eurasia | 694) | 599) | 605) | 590) | 502) |
| Oral, Personal and Home Care | 12,851) | 13,619) | 14,646) | 13,809) | 11,068) |
| Pet Nutrition | 2,804) | 1,342) | 1,210) | 1,175) | 1,033) |
| Corporate | 76) | 79) | 64) | 50) | 60) |
| Total | 15,731) | 15,040) | 15,920) | 15,034) | 12,161) |
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).