NYSE : CL
Colgate-Palmolive Company — Financial statements
Consumer Staples · Household & Personal Products · United States
Last price 93.16 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 74.26B
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Financial statements
Colgate-Palmolive Company (CL) reported revenue of 21.29B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 21.29B | 20.38B | 20.10B | 19.46B | 17.97B | 17.42B |
| Cost of Revenue | 8.38B | 8.13B | 7.92B | 8.13B | 7.72B | 7.05B |
| Gross Profit | 12.91B | 12.25B | 12.18B | 11.33B | 10.25B | 10.38B |
| Selling, General & Admin | 8.36B | 7.89B | 7.81B | 7.24B | 6.64B | 6.48B |
| Other Operating Expenses | 147.00M | 126.00M | 121.00M | 148.00M | 41.00M | 85.00M |
| Operating Expenses | 8.51B | 8.01B | 7.93B | 7.39B | 6.69B | 6.56B |
| Operating Income | 4.40B | 4.24B | 4.25B | 3.93B | 3.56B | 3.81B |
| Interest Expense | -250.00M | -267.00M | -292.00M | -287.00M | -167.00M | -117.00M |
| Interest & Investment Income | 69.00M | 75.00M | 67.00M | 55.00M | 14.00M | 17.00M |
| Earnings From Equity Investments | 20.00M | 20.00M | 22.00M | 17.00M | 12.00M | 12.00M |
| EBT Excluding Unusual Items | 4.24B | 4.07B | 4.05B | 3.72B | 3.42B | 3.73B |
| Merger & Restructuring Charges | -346.00M | -22.00M | -85.00M | -24.00M | -109.00M | |
| Impairment of Goodwill | -582.00M | -582.00M | -721.00M | |||
| Gain (Loss) on Sale of Investments | -1.00M | -1.00M | -6.00M | -11.00M | 22.00M | 8.00M |
| Gain (Loss) on Sale of Assets | 47.00M | |||||
| Asset Writedown | -337.00M | -337.00M | -571.00M | |||
| Legal Settlements | -65.00M | -267.00M | ||||
| Other Unusual Items | -25.00M | -75.00M | ||||
| Pretax Income | 2.97B | 3.06B | 3.96B | 3.39B | 2.66B | 3.09B |
| Income Tax Expense | 795.00M | 798.00M | 907.00M | 937.00M | 693.00M | 749.00M |
| Earnings From Continuing Operations | 2.18B | 2.26B | 3.05B | 2.46B | 1.97B | 2.34B |
| Net Income to Company | 2.18B | 2.26B | 3.05B | 2.46B | 1.97B | 2.34B |
| Minority Interest in Earnings | -123.00M | -129.00M | -160.00M | -155.00M | -182.00M | -172.00M |
| Net Income | 2.05B | 2.13B | 2.89B | 2.30B | 1.78B | 2.17B |
| Net Income to Common | 2.05B | 2.13B | 2.89B | 2.30B | 1.78B | 2.17B |
| Shares Outstanding (Basic) | 800.83M | 808.70M | 819.10M | 827.40M | 836.40M | 845.00M |
| Shares Outstanding (Diluted) | 803.15M | 811.10M | 823.20M | 829.20M | 838.80M | 848.30M |
| EPS (Basic) | 2.56 | 2.64 | 3.53 | 2.78 | 2.13 | 2.56 |
| EPS (Diluted) | 2.56 | 2.63 | 3.51 | 2.77 | 2.13 | 2.55 |
| Free Cash Flow | 3.79B | 3.63B | 3.55B | 3.04B | 1.86B | 2.76B |
| Free Cash Flow Per Share | 4.72 | 4.48 | 4.31 | 3.67 | 2.22 | 3.25 |
| Dividend Per Share | 2.10 | 2.06 | 1.98 | 1.91 | 1.86 | 1.79 |
| Gross Margin | 60.64% | 60.11% | 60.60% | 58.21% | 57.04% | 59.55% |
| Operating Margin | 20.66% | 20.79% | 21.14% | 20.22% | 19.82% | 21.89% |
| Profit Margin | 9.64% | 10.46% | 14.37% | 11.82% | 9.93% | 12.43% |
| Free Cash Flow Margin | 17.80% | 17.83% | 17.64% | 15.62% | 10.35% | 15.83% |
| EBITDA | 5.04B | 4.87B | 4.86B | 4.50B | 4.11B | 4.37B |
| EBITDA Margin | 23.68% | 23.88% | 24.15% | 23.13% | 22.86% | 25.08% |
| D&A For EBITDA | 643.00M | 630.00M | 605.00M | 567.00M | 545.00M | 556.00M |
| EBIT | 4.40B | 4.24B | 4.25B | 3.93B | 3.56B | 3.81B |
| EBIT Margin | 20.66% | 20.79% | 21.14% | 20.22% | 19.82% | 21.89% |
| Effective Tax Rate | 26.76% | 26.09% | 22.93% | 27.62% | 26.05% | 24.26% |
| Advertising Expenses | 2.70B | 2.72B | 2.37B | 2.00B | 2.02B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.53B | 1.29B | 1.10B | 966.00M | 775.00M | 832.00M |
| Short-Term Investments | 85.00M | 107.00M | 160.00M | 179.00M | 175.00M | 34.00M |
| Trading Asset Securities | 5.00M | |||||
| Cash & Short-Term Investments | 1.61B | 1.40B | 1.26B | 1.15B | 950.00M | 871.00M |
| Receivables | 1.90B | 1.68B | 1.52B | 1.59B | 1.50B | 1.30B |
| Inventory | 2.18B | 2.03B | 1.99B | 1.93B | 2.07B | 1.69B |
| Prepaid Expenses | 589.00M | 520.00M | 595.00M | |||
| Other Current Assets | 662.00M | 18.00M | 33.00M | 19.00M | 585.00M | 537.00M |
| Total Current Assets | 6.36B | 5.71B | 5.32B | 5.28B | 5.11B | 4.40B |
| Property, Plant & Equipment | 4.61B | 5.19B | 4.95B | 5.07B | 4.79B | 4.26B |
| Long-Term Investments | 82.00M | 81.00M | 83.00M | 70.00M | 20.00M | |
| Goodwill | 3.08B | 3.12B | 3.27B | 3.41B | 3.35B | 3.28B |
| Other Intangible Assets | 1.47B | 1.54B | 1.76B | 1.89B | 1.92B | 2.46B |
| Long-Term Deferred Tax Assets | 222.00M | 205.00M | 195.00M | 214.00M | 135.00M | 193.00M |
| Other Long-Term Assets | 998.00M | 485.00M | 474.00M | 447.00M | 356.00M | 427.00M |
| Total Assets | 16.74B | 16.33B | 16.05B | 16.39B | 15.73B | 15.04B |
| Accounts Payable | 2.10B | 2.09B | 1.80B | 1.70B | 1.55B | 1.48B |
| Accrued Expenses | 3.63B | 2.67B | 2.34B | 2.25B | 1.95B | 1.94B |
| Short-Term Debt | 2.00M | 8.00M | 310.00M | 11.00M | 39.00M | |
| Current Portion of Long-Term Debt | 532.00M | 1.11B | 652.00M | 20.00M | 14.00M | 12.00M |
| Current Portion of Leases | 118.00M | 107.00M | 95.00M | 108.00M | 137.00M | |
| Current Income Taxes Payable | 358.00M | 383.00M | 403.00M | 336.00M | 317.00M | 436.00M |
| Other Current Liabilities | 25.00M | 471.00M | 446.00M | 37.00M | 54.00M | 13.00M |
| Total Current Liabilities | 6.64B | 6.85B | 5.76B | 4.74B | 4.00B | 4.05B |
| Long-Term Debt | 7.18B | 6.80B | 7.23B | 8.17B | 8.70B | 7.17B |
| Long-Term Leases | 520.00M | 515.00M | 473.00M | 441.00M | 495.00M | |
| Pension & Post-Retirement Benefits | 1.24B | 1.31B | 1.39B | 1.13B | 1.72B | |
| Long-Term Deferred Tax Liabilities | 262.00M | 181.00M | 343.00M | 361.00M | 383.00M | 395.00M |
| Other Long-Term Liabilities | 2.02B | 371.00M | 349.00M | 305.00M | 271.00M | 235.00M |
| Total Liabilities | 16.10B | 15.96B | 15.50B | 15.44B | 14.93B | 14.07B |
| Common Stock | 1.47B | 1.47B | 1.47B | 1.47B | 1.47B | 1.47B |
| Additional Paid-In Capital | 4.47B | 4.32B | 4.18B | 3.81B | 3.55B | 3.27B |
| Retained Earnings | 27.41B | 26.59B | 26.14B | 25.29B | 24.57B | 24.35B |
| Treasury Stock | -29.20B | -28.45B | -27.36B | -26.02B | -25.13B | -24.09B |
| Comprehensive Income & Other | -3.87B | -3.88B | -4.22B | -3.94B | -4.06B | -4.39B |
| Total Common Equity | 288.00M | 54.00M | 212.00M | 609.00M | 401.00M | 609.00M |
| Minority Interest | 352.00M | 311.00M | 332.00M | 348.00M | 405.00M | 362.00M |
| Shareholders' Equity | 640.00M | 365.00M | 544.00M | 957.00M | 806.00M | 971.00M |
| Total Liabilities & Equity | 16.74B | 16.33B | 16.05B | 16.39B | 15.73B | 15.04B |
| Total Debt | 7.72B | 8.55B | 8.51B | 9.06B | 9.27B | 7.85B |
| Net Cash (Debt) | -6.10B | -7.16B | -7.26B | -7.92B | -8.32B | -6.98B |
| Net Cash Per Share | -7.60 | -8.83 | -8.81 | -9.55 | -9.92 | -8.23 |
| Filing Date Shares Outstanding | 794.92M | 801.55M | 811.54M | 823.15M | 830.38M | 840.49M |
| Total Common Shares Outstanding | 794.92M | 801.24M | 812.57M | 821.41M | 830.21M | 840.48M |
| Working Capital | -282.00M | -1.14B | -442.00M | 538.00M | 1.11B | 346.00M |
| Book Value Per Share | 0.36 | 0.07 | 0.26 | 0.74 | 0.48 | 0.72 |
| Tangible Book Value | -4.26B | -4.60B | -4.82B | -4.69B | -4.87B | -5.14B |
| Tangible Book Value Per Share | -5.36 | -5.75 | -5.93 | -5.71 | -5.87 | -6.11 |
| Land | 234.00M | 226.00M | 227.00M | 180.00M | 163.00M | |
| Buildings | 2.17B | 2.06B | 2.05B | 1.82B | 1.60B | |
| Machinery | 8.45B | 7.84B | 8.01B | 7.58B | 7.13B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 2.05B | 2.13B | 2.89B | 2.30B | 1.78B | 2.17B |
| Depreciation & Amortization | 643.00M | 630.00M | 605.00M | 567.00M | 545.00M | 556.00M |
| Loss (Gain) From Sale of Assets | -47.00M | |||||
| Asset Writedown & Restructuring Costs | 1.10B | 912.00M | 51.00M | -23.00M | 770.00M | 550.00M |
| Stock-Based Compensation | 169.00M | 155.00M | 135.00M | 122.00M | 125.00M | 135.00M |
| Other Operating Activities | 60.00M | 85.00M | 83.00M | 324.00M | 104.00M | 115.00M |
| Change in Accounts Receivable | -60.00M | -16.00M | -56.00M | -37.00M | -227.00M | -84.00M |
| Change in Inventory | -4.00M | 109.00M | -100.00M | 194.00M | -333.00M | -72.00M |
| Change in Accounts Payable | 475.00M | 251.00M | 516.00M | 309.00M | -115.00M | 14.00M |
| Change in Other Net Operating Assets | -74.00M | -60.00M | -16.00M | -11.00M | -51.00M | -55.00M |
| Operating Cash Flow | 4.37B | 4.20B | 4.11B | 3.75B | 2.56B | 3.33B |
| Capital Expenditures | -577.00M | -564.00M | -561.00M | -705.00M | -696.00M | -567.00M |
| Cash Acquisitions | -293.00M | -809.00M | ||||
| Sale (Purchase) of Real Estate | 47.00M | |||||
| Investment in Securities | 107.00M | 54.00M | -10.00M | -4.00M | -148.00M | |
| Other Investing Activities | -14.00M | -14.00M | 37.00M | -33.00M | 5.00M | -25.00M |
| Investing Cash Flow | -484.00M | -817.00M | -534.00M | -742.00M | -1.60B | -592.00M |
| Short-Term Debt Issued | 93.00M | 540.00M | ||||
| Long-Term Debt Issued | 1.19B | 2.00M | 1.50B | 1.51B | 699.00M | |
| Total Debt Issued | 1.50B | 1.19B | 95.00M | 1.50B | 2.05B | 699.00M |
| Short-Term Debt Repaid | -989.00M | -906.00M | -171.00M | |||
| Long-Term Debt Repaid | -655.00M | -503.00M | -903.00M | -406.00M | -628.00M | |
| Total Debt Repaid | -2.08B | -1.64B | -503.00M | -1.81B | -406.00M | -799.00M |
| Net Debt Issued (Repaid) | -577.00M | -456.00M | -408.00M | -314.00M | 1.65B | -100.00M |
| Issuance of Common Stock | 196.00M | 101.00M | 638.00M | 380.00M | 418.00M | 424.00M |
| Repurchase of Common Stock | -1.33B | -1.21B | -1.74B | -1.13B | -1.31B | -1.32B |
| Common Dividends Paid | -1.83B | -1.82B | -1.79B | -1.75B | -1.69B | -1.68B |
| Other Financing Activities | -88.00M | 132.00M | -91.00M | 18.00M | -18.00M | -99.00M |
| Financing Cash Flow | -3.63B | -3.26B | -3.39B | -2.79B | -952.00M | -2.77B |
| Foreign Exchange Rate Adjustments | -1.00M | 67.00M | -54.00M | -19.00M | -60.00M | -15.00M |
| Net Cash Flow | 248.00M | 192.00M | 130.00M | 191.00M | -57.00M | -56.00M |
| Free Cash Flow | 3.79B | 3.63B | 3.55B | 3.04B | 1.86B | 2.76B |
| Free Cash Flow Margin | 17.80% | 17.83% | 17.64% | 15.62% | 10.35% | 15.83% |
| Free Cash Flow Per Share | 4.72 | 4.48 | 4.31 | 3.67 | 2.22 | 3.25 |
| Levered Free Cash Flow | 3.37B | 3.08B | 3.40B | 2.74B | 1.47B | 2.18B |
| Unlevered Free Cash Flow | 3.53B | 3.24B | 3.58B | 2.92B | 1.57B | 2.26B |
| Cash Interest Paid | 240.00M | 270.00M | 302.00M | 280.00M | 151.00M | 194.00M |
| Cash Income Tax Paid | 849.00M | 913.00M | 933.00M | 937.00M | 945.00M | 890.00M |
| Change in Working Capital | 337.00M | 284.00M | 344.00M | 455.00M | -726.00M | -197.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 77.45B | 63.70B | 74.27B | 65.63B | 65.81B | 71.93B |
| Enterprise Value | 83.55B | 71.02B | 81.62B | 73.57B | 73.34B | 79.01B |
| Last Close Price | 95.29 | 77.17 | 86.68 | 74.36 | 71.65 | 75.78 |
| PE Ratio | 38.05 | 29.88 | 25.71 | 28.54 | 36.87 | 33.21 |
| Forward PE | 24.39 | 20.98 | 24.20 | 23.66 | 25.77 | 25.78 |
| PS Ratio | 3.60 | 3.12 | 3.69 | 3.37 | 3.66 | 4.13 |
| PB Ratio | 263.01 | 174.51 | 136.53 | 68.58 | 81.65 | 74.08 |
| P/FCF Ratio | 20.20 | 17.53 | 20.95 | 21.59 | 35.38 | 26.08 |
| P/OCF Ratio | 17.53 | 15.17 | 18.09 | 17.52 | 25.75 | 21.63 |
| PEG Ratio | 4.38 | 5.47 | 2.97 | 3.03 | 10.47 | 4.54 |
| EV/Sales Ratio | 3.88 | 3.48 | 4.06 | 3.78 | 4.08 | 4.54 |
| EV/EBITDA Ratio | 16.39 | 14.59 | 16.81 | 16.35 | 17.86 | 18.09 |
| EV/EBIT Ratio | 18.79 | 16.76 | 19.20 | 18.70 | 20.59 | 20.72 |
| EV/FCF Ratio | 21.81 | 19.54 | 23.02 | 24.20 | 39.43 | 28.65 |
| Debt / Equity Ratio | 12.06 | 23.44 | 15.65 | 9.47 | 11.50 | 8.09 |
| Debt / EBITDA Ratio | 1.48 | 1.70 | 1.70 | 1.95 | 2.17 | 1.73 |
| Debt / FCF Ratio | 2.04 | 2.35 | 2.40 | 2.98 | 4.98 | 2.85 |
| Net Debt / Equity Ratio | 9.54 | 19.61 | 13.34 | 8.28 | 10.32 | 7.19 |
| Net Debt / EBITDA Ratio | 1.21 | 1.47 | 1.50 | 1.76 | 2.03 | 1.60 |
| Net Debt / FCF Ratio | 1.61 | 1.97 | 2.05 | 2.60 | 4.47 | 2.53 |
| Asset Turnover | 1.24 | 1.26 | 1.24 | 1.21 | 1.17 | 1.12 |
| Inventory Turnover | 3.90 | 4.05 | 4.04 | 4.06 | 4.10 | 4.19 |
| Quick Ratio | 0.53 | 0.45 | 0.48 | 0.58 | 0.61 | 0.54 |
| Current Ratio | 0.96 | 0.83 | 0.92 | 1.11 | 1.28 | 1.08 |
| Return on Equity (ROE) | 231.74% | 497.47% | 406.26% | 278.50% | 221.38% | 225.68% |
| Return on Assets (ROA) | 16.05% | 16.36% | 16.38% | 15.31% | 14.47% | 15.39% |
| Return on Invested Capital (ROIC) | 46.98% | 40.88% | 39.28% | 31.63% | 30.84% | 35.34% |
| Return on Capital Employed (ROCE) | 43.50% | 44.70% | 41.30% | 33.80% | 30.40% | 34.70% |
| Earnings Yield | 2.63% | 3.35% | 3.89% | 3.50% | 2.71% | 3.01% |
| FCF Yield | 4.95% | 5.71% | 4.77% | 4.63% | 2.83% | 3.83% |
| Dividend Yield | 2.18% | 2.59% | 2.17% | 2.39% | 2.35% | 2.09% |
| Payout Ratio | 82.78% | 85.51% | 61.92% | 76.04% | 94.73% | 77.52% |
| Buyback Yield / Dilution | 1.41% | 1.47% | 0.72% | 1.14% | 1.12% | 1.28% |
| Total Shareholder Return | 3.61% | 4.06% | 2.89% | 3.53% | 3.47% | 3.37% |