Stock Analysis on Net

Colgate-Palmolive Co. (NYSE:CL)

This company has been moved to the archive! The financial data has not been updated since July 28, 2023.

Common-Size Income Statement 

Colgate-Palmolive Co., common-size consolidated income statement

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12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Net sales 100.00 100.00 100.00 100.00 100.00
Cost of sales -42.96 -40.45 -39.18 -40.58 -40.61
Gross profit 57.04% 59.55% 60.82% 59.42% 59.39%
Selling, general and administrative expenses -36.54 -36.78 -36.54 -35.53 -34.67
Global Growth and Efficiency Program 0.00 0.00 0.08 -0.36 -0.57
Amortization of intangible assets -0.45 -0.51 -0.53 -0.40 -0.38
Equity income 0.07 0.07 0.07 0.06 0.06
Gains from marketable securities and other assets 0.12 0.05 0.01 0.00 0.00
Indirect tax refunds 0.08 0.03 -0.02 0.00 0.00
Value-added tax matter in Brazil 0.00 0.15 0.00 0.19 0.00
Acquisition-related costs -0.11 0.00 -0.01 -0.13 0.00
2022 Global Productivity Initiative -0.50 0.00 0.00 0.00 0.00
Gain on the sale of land in Asia Pacific 0.26 0.00 0.00 0.00 0.00
Charges for a change in go-to-market strategy in certain countries 0.00 0.00 0.00 -0.10 0.00
Other, net 0.14 -0.15 -0.29 -0.51 -0.07
Other income (expense), net -0.38% -0.37% -0.69% -1.25% -0.95%
Goodwill and intangible assets impairment charges -4.01 -3.28 0.00 0.00 0.00
Operating profit 16.10% 19.13% 23.59% 22.65% 23.76%
Non-service related postretirement costs -0.45 -0.40 -0.45 -0.69 -0.56
Interest expense -0.93 -0.67 -1.11 -1.22 -1.24
Interest income 0.08 0.10 0.12 0.30 0.32
Loss on early extinguishment of debt 0.00 -0.43 0.00 0.00 0.00
Interest income (expense), net -0.85% -1.00% -1.00% -0.92% -0.92%
Income before income taxes 14.80% 17.72% 22.14% 21.03% 22.29%
Provision for income taxes -3.86 -4.30 -4.78 -4.93 -5.83
Net income including noncontrolling interests 10.95% 13.42% 17.36% 16.10% 16.46%
Net income attributable to noncontrolling interests -1.01 -0.99 -1.00 -1.02 -1.02
Net income attributable to Colgate-Palmolive Company 9.93% 12.43% 16.36% 15.08% 15.44%

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).

Income statement item Description The company
Operating profit The net result for the period of deducting operating expenses from operating revenues. Colgate-Palmolive Co. operating profit as a percentage of net sales decreased from 2020 to 2021 and from 2021 to 2022.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Colgate-Palmolive Co. income before income taxes as a percentage of net sales decreased from 2020 to 2021 and from 2021 to 2022.
Net income attributable to Colgate-Palmolive Company The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Colgate-Palmolive Co. net income attributable to Colgate-Palmolive Company as a percentage of net sales decreased from 2020 to 2021 and from 2021 to 2022.