CLColgate-Palmolive

$92.06

Is the business good?

How good a business is CL?

Colgate-Palmolive earns 37% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.

37%

Return on invested capital · cost of capital 9.0% · 28 points above what the capital costs: growth creates value

Operating margin
15%

Operating margin · Household & Personal Products median 15% · 12 months to Q2 2026

Cash conversion
1.89×

Cash conversion · 1.16× a year ago · every dollar of reported profit arrived as cash, and more

Share count, year on year
−1.4%

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

Operating margin by fiscal year
YearOperating margin
FY202024%
FY202119%
FY202216%
FY202320%
FY202421%
FY202516%
Details
Gross margin12 months to Q2 2026
60%
Operating margin12 months to Q2 2026
15%
Net margin12 months to Q2 2026
9.7%
Free cash flow margin
18%
Revenue, trailing twelve months
$21.0B
Free cash flow, trailing twelve months
$3.86B
Net income, trailing twelve months
$2.04B
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
37%

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