Colgate-Palmolive Company (CL)

Sector: Consumer Staples|Industry: Household & Personal Products|Market Cap: $75.78B|Employees: 34K


Colgate-Palmolive is a global company focused on oral, personal, home care, and pet nutrition products. They are a leader in oral care, with brands like Colgate, and also hold strong positions in liquid hand soap and pet nutrition. The company's products are sold in over 200 countries through various retail channels and direct-to-consumer.

  1. Filings

Filing Highlights

Financial Performance

Worldwide net sales decreased 3.1% YoY to $4,911 million, primarily driven by a 4.4% negative impact from foreign exchange. Volume declines of 0.1% were partially offset by net selling price increases of 1.5%.

Worldwide gross profit margin increased to 60.8% from 60.0% in the prior year. This increase was due to cost savings from the Company's funding-the-growth initiatives (210 bps), higher pricing (60 bps) and favorable mix (50 bps), partially offset by higher raw and packaging material costs (240 bps).

Operating profit increased 3% to $1,076 million. Operating profit margin was 21.9%, an increase of 120 bps compared to 20.7% in the first quarter of 2024. This increase in Operating profit margin was due to an increase in Gross profit (80 bps) and a decrease in Other (income) expense, net (50 bps), partially offset by an increase in Selling, general and administrative expenses (50 bps), all as a percentage of Net sales.

Growth & Strategy

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG initiatives

Market Environment