CHDChurch & Dwight

$102.85

Is the business good?

How good a business is CHD?

Church & Dwight earns 14% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.

14%

Return on invested capital · cost of capital 9.0% · 5.4 points above what the capital costs: growth creates value

Operating margin
17%

Operating margin · Household & Personal Products median 15% · 12 months to Q1 2026

Share count, year on year
−4.0%

Share count, year on year · bought back, each share owns more of the company

R&D as % of revenue
2.3%

R&D as % of revenue

Operating margin by fiscal year
YearOperating margin
FY202021%
FY202121%
FY202211%
FY202318%
FY202413%
FY202517%
Details
Gross margin12 months to Q1 2026
45%
Operating margin12 months to Q1 2026
17%
Net margin12 months to Q1 2026
12%
R&D as % of revenue
2.3%
Revenue, trailing twelve months
$6.21B
Net income, trailing twelve months
$733M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
14%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.