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.

Analysis of Reportable Segments

Microsoft Excel

Segment Profit Margin

Colgate-Palmolive Co., profit margin by reportable segment

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North America 19.94% 20.41% 26.41% 28.68% 30.97%
Latin America 27.83% 27.63% 28.53% 26.71% 27.60%
Europe 20.17% 24.01% 23.73% 25.47% 25.34%
Asia Pacific 26.08% 29.44% 28.62% 27.67% 28.42%
Africa/Eurasia 21.07% 19.43% 21.00% 19.06% 17.89%
Pet Nutrition 22.89% 27.21% 27.51% 27.84% 28.48%

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).

Segment profitability ratio Reportable segment The company
Segment profit margin North America North America segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022.
Latin America Latin America segment profit margin ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.
Europe Europe segment profit margin ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.
Asia Pacific Asia Pacific segment profit margin ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.
Africa/Eurasia Africa/Eurasia segment profit margin ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level.
Pet Nutrition Pet Nutrition segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Segment Profit Margin: North America

Colgate-Palmolive Co.; North America; segment profit margin calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Operating profit 761 754 988 982 1,037
Net sales 3,816 3,694 3,741 3,424 3,348
Segment Profitability Ratio
Segment profit margin1 19.94% 20.41% 26.41% 28.68% 30.97%

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).

1 2022 Calculation
Segment profit margin = 100 × Operating profit ÷ Net sales
= 100 × 761 ÷ 3,816 = 19.94%

Segment profitability ratio Reportable segment The company
Segment profit margin North America North America segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Segment Profit Margin: Latin America

Colgate-Palmolive Co.; Latin America; segment profit margin calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Operating profit 1,108 1,012 975 963 995
Net sales 3,982 3,663 3,418 3,606 3,605
Segment Profitability Ratio
Segment profit margin1 27.83% 27.63% 28.53% 26.71% 27.60%

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).

1 2022 Calculation
Segment profit margin = 100 × Operating profit ÷ Net sales
= 100 × 1,108 ÷ 3,982 = 27.83%

Segment profitability ratio Reportable segment The company
Segment profit margin Latin America Latin America segment profit margin ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.

Segment Profit Margin: Europe

Colgate-Palmolive Co.; Europe; segment profit margin calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Operating profit 514 682 652 624 634
Net sales 2,548 2,841 2,747 2,450 2,502
Segment Profitability Ratio
Segment profit margin1 20.17% 24.01% 23.73% 25.47% 25.34%

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).

1 2022 Calculation
Segment profit margin = 100 × Operating profit ÷ Net sales
= 100 × 514 ÷ 2,548 = 20.17%

Segment profitability ratio Reportable segment The company
Segment profit margin Europe Europe segment profit margin ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Segment Profit Margin: Asia Pacific

Colgate-Palmolive Co.; Asia Pacific; segment profit margin calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Operating profit 737 844 773 749 777
Net sales 2,826 2,867 2,701 2,707 2,734
Segment Profitability Ratio
Segment profit margin1 26.08% 29.44% 28.62% 27.67% 28.42%

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).

1 2022 Calculation
Segment profit margin = 100 × Operating profit ÷ Net sales
= 100 × 737 ÷ 2,826 = 26.08%

Segment profitability ratio Reportable segment The company
Segment profit margin Asia Pacific Asia Pacific segment profit margin ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Segment Profit Margin: Africa/Eurasia

Colgate-Palmolive Co.; Africa/Eurasia; segment profit margin calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Operating profit 228 203 206 187 173
Net sales 1,082 1,045 981 981 967
Segment Profitability Ratio
Segment profit margin1 21.07% 19.43% 21.00% 19.06% 17.89%

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).

1 2022 Calculation
Segment profit margin = 100 × Operating profit ÷ Net sales
= 100 × 228 ÷ 1,082 = 21.07%

Segment profitability ratio Reportable segment The company
Segment profit margin Africa/Eurasia Africa/Eurasia segment profit margin ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level.

Segment Profit Margin: Pet Nutrition

Colgate-Palmolive Co.; Pet Nutrition; segment profit margin calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Operating profit 850 901 793 703 680
Net sales 3,713 3,311 2,883 2,525 2,388
Segment Profitability Ratio
Segment profit margin1 22.89% 27.21% 27.51% 27.84% 28.48%

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).

1 2022 Calculation
Segment profit margin = 100 × Operating profit ÷ Net sales
= 100 × 850 ÷ 3,713 = 22.89%

Segment profitability ratio Reportable segment The company
Segment profit margin Pet Nutrition Pet Nutrition segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Segment Return on Assets (Segment ROA)

Colgate-Palmolive Co., ROA by reportable segment

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North America 18.97% 18.58% 23.91% 27.46% 31.33%
Latin America 42.57% 42.72% 43.31% 40.39% 44.72%
Europe 14.87% 15.39% 12.11% 12.23% 21.99%
Asia Pacific 35.35% 39.06% 34.02% 34.76% 36.17%
Africa/Eurasia 32.85% 33.89% 34.05% 31.69% 34.46%
Pet Nutrition 30.31% 67.14% 65.54% 59.83% 65.83%

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).

Segment profitability ratio Reportable segment The company
Segment ROA North America North America segment ROA deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.
Latin America Latin America segment ROA deteriorated from 2020 to 2021 and from 2021 to 2022.
Europe Europe segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.
Asia Pacific Asia Pacific segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.
Africa/Eurasia Africa/Eurasia segment ROA deteriorated from 2020 to 2021 and from 2021 to 2022.
Pet Nutrition Pet Nutrition segment ROA improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Segment ROA: North America

Colgate-Palmolive Co.; North America; segment ROA calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Operating profit 761 754 988 982 1,037
Identifiable assets 4,012 4,058 4,132 3,576 3,310
Segment Profitability Ratio
Segment ROA1 18.97% 18.58% 23.91% 27.46% 31.33%

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).

1 2022 Calculation
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 761 ÷ 4,012 = 18.97%

Segment profitability ratio Reportable segment The company
Segment ROA North America North America segment ROA deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.

Segment ROA: Latin America

Colgate-Palmolive Co.; Latin America; segment ROA calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Operating profit 1,108 1,012 975 963 995
Identifiable assets 2,603 2,369 2,251 2,384 2,225
Segment Profitability Ratio
Segment ROA1 42.57% 42.72% 43.31% 40.39% 44.72%

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).

1 2022 Calculation
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 1,108 ÷ 2,603 = 42.57%

Segment profitability ratio Reportable segment The company
Segment ROA Latin America Latin America segment ROA deteriorated from 2020 to 2021 and from 2021 to 2022.

Segment ROA: Europe

Colgate-Palmolive Co.; Europe; segment ROA calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Operating profit 514 682 652 624 634
Identifiable assets 3,457 4,432 5,386 5,104 2,883
Segment Profitability Ratio
Segment ROA1 14.87% 15.39% 12.11% 12.23% 21.99%

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).

1 2022 Calculation
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 514 ÷ 3,457 = 14.87%

Segment profitability ratio Reportable segment The company
Segment ROA Europe Europe segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.

Segment ROA: Asia Pacific

Colgate-Palmolive Co.; Asia Pacific; segment ROA calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Operating profit 737 844 773 749 777
Identifiable assets 2,085 2,161 2,272 2,155 2,148
Segment Profitability Ratio
Segment ROA1 35.35% 39.06% 34.02% 34.76% 36.17%

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).

1 2022 Calculation
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 737 ÷ 2,085 = 35.35%

Segment profitability ratio Reportable segment The company
Segment ROA Asia Pacific Asia Pacific segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.

Segment ROA: Africa/Eurasia

Colgate-Palmolive Co.; Africa/Eurasia; segment ROA calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Operating profit 228 203 206 187 173
Identifiable assets 694 599 605 590 502
Segment Profitability Ratio
Segment ROA1 32.85% 33.89% 34.05% 31.69% 34.46%

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).

1 2022 Calculation
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 228 ÷ 694 = 32.85%

Segment profitability ratio Reportable segment The company
Segment ROA Africa/Eurasia Africa/Eurasia segment ROA deteriorated from 2020 to 2021 and from 2021 to 2022.

Segment ROA: Pet Nutrition

Colgate-Palmolive Co.; Pet Nutrition; segment ROA calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Operating profit 850 901 793 703 680
Identifiable assets 2,804 1,342 1,210 1,175 1,033
Segment Profitability Ratio
Segment ROA1 30.31% 67.14% 65.54% 59.83% 65.83%

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).

1 2022 Calculation
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 850 ÷ 2,804 = 30.31%

Segment profitability ratio Reportable segment The company
Segment ROA Pet Nutrition Pet Nutrition segment ROA improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Segment Asset Turnover

Colgate-Palmolive Co., asset turnover by reportable segment

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North America 0.95 0.91 0.91 0.96 1.01
Latin America 1.53 1.55 1.52 1.51 1.62
Europe 0.74 0.64 0.51 0.48 0.87
Asia Pacific 1.36 1.33 1.19 1.26 1.27
Africa/Eurasia 1.56 1.74 1.62 1.66 1.93
Pet Nutrition 1.32 2.47 2.38 2.15 2.31

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).

Segment activity ratio Reportable segment The company
Segment asset turnover North America North America segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022.
Latin America Latin America segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.
Europe Europe segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022.
Asia Pacific Asia Pacific segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022.
Africa/Eurasia Africa/Eurasia segment asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.
Pet Nutrition Pet Nutrition segment asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Segment Asset Turnover: North America

Colgate-Palmolive Co.; North America; segment asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net sales 3,816 3,694 3,741 3,424 3,348
Identifiable assets 4,012 4,058 4,132 3,576 3,310
Segment Activity Ratio
Segment asset turnover1 0.95 0.91 0.91 0.96 1.01

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).

1 2022 Calculation
Segment asset turnover = Net sales ÷ Identifiable assets
= 3,816 ÷ 4,012 = 0.95

Segment activity ratio Reportable segment The company
Segment asset turnover North America North America segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022.

Segment Asset Turnover: Latin America

Colgate-Palmolive Co.; Latin America; segment asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net sales 3,982 3,663 3,418 3,606 3,605
Identifiable assets 2,603 2,369 2,251 2,384 2,225
Segment Activity Ratio
Segment asset turnover1 1.53 1.55 1.52 1.51 1.62

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).

1 2022 Calculation
Segment asset turnover = Net sales ÷ Identifiable assets
= 3,982 ÷ 2,603 = 1.53

Segment activity ratio Reportable segment The company
Segment asset turnover Latin America Latin America segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.

Segment Asset Turnover: Europe

Colgate-Palmolive Co.; Europe; segment asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net sales 2,548 2,841 2,747 2,450 2,502
Identifiable assets 3,457 4,432 5,386 5,104 2,883
Segment Activity Ratio
Segment asset turnover1 0.74 0.64 0.51 0.48 0.87

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).

1 2022 Calculation
Segment asset turnover = Net sales ÷ Identifiable assets
= 2,548 ÷ 3,457 = 0.74

Segment activity ratio Reportable segment The company
Segment asset turnover Europe Europe segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022.

Segment Asset Turnover: Asia Pacific

Colgate-Palmolive Co.; Asia Pacific; segment asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net sales 2,826 2,867 2,701 2,707 2,734
Identifiable assets 2,085 2,161 2,272 2,155 2,148
Segment Activity Ratio
Segment asset turnover1 1.36 1.33 1.19 1.26 1.27

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).

1 2022 Calculation
Segment asset turnover = Net sales ÷ Identifiable assets
= 2,826 ÷ 2,085 = 1.36

Segment activity ratio Reportable segment The company
Segment asset turnover Asia Pacific Asia Pacific segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022.

Segment Asset Turnover: Africa/Eurasia

Colgate-Palmolive Co.; Africa/Eurasia; segment asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net sales 1,082 1,045 981 981 967
Identifiable assets 694 599 605 590 502
Segment Activity Ratio
Segment asset turnover1 1.56 1.74 1.62 1.66 1.93

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).

1 2022 Calculation
Segment asset turnover = Net sales ÷ Identifiable assets
= 1,082 ÷ 694 = 1.56

Segment activity ratio Reportable segment The company
Segment asset turnover Africa/Eurasia Africa/Eurasia segment asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Segment Asset Turnover: Pet Nutrition

Colgate-Palmolive Co.; Pet Nutrition; segment asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net sales 3,713 3,311 2,883 2,525 2,388
Identifiable assets 2,804 1,342 1,210 1,175 1,033
Segment Activity Ratio
Segment asset turnover1 1.32 2.47 2.38 2.15 2.31

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).

1 2022 Calculation
Segment asset turnover = Net sales ÷ Identifiable assets
= 3,713 ÷ 2,804 = 1.32

Segment activity ratio Reportable segment The company
Segment asset turnover Pet Nutrition Pet Nutrition segment asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Segment Capital Expenditures to Depreciation

Colgate-Palmolive Co., capital expenditures to depreciation by reportable segment

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North America 0.62 0.84 0.64 0.46 0.60
Latin America 1.30 1.34 1.28 1.07 1.60
Europe 0.34 0.45 0.44 0.58 0.56
Asia Pacific 0.67 0.52 0.54 0.40 0.73
Africa/Eurasia 3.33 3.67 1.44 1.00 1.38
Pet Nutrition 4.57 2.37 0.97 0.75 0.66

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).

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation North America North America segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.
Latin America Latin America segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.
Europe Europe segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.
Asia Pacific Asia Pacific segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level.
Africa/Eurasia Africa/Eurasia segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.
Pet Nutrition Pet Nutrition segment capital expenditures to depreciation ratio improved from 2020 to 2021 and from 2021 to 2022.

Segment Capital Expenditures to Depreciation: North America

Colgate-Palmolive Co.; North America; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Capital expenditures 66 87 65 43 53
Depreciation and amortization 106 104 101 94 88
Segment Financial Ratio
Segment capital expenditures to depreciation1 0.62 0.84 0.64 0.46 0.60

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).

1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 66 ÷ 106 = 0.62

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation North America North America segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Segment Capital Expenditures to Depreciation: Latin America

Colgate-Palmolive Co.; Latin America; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Capital expenditures 121 118 104 90 131
Depreciation and amortization 93 88 81 84 82
Segment Financial Ratio
Segment capital expenditures to depreciation1 1.30 1.34 1.28 1.07 1.60

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).

1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 121 ÷ 93 = 1.30

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Latin America Latin America segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.

Segment Capital Expenditures to Depreciation: Europe

Colgate-Palmolive Co.; Europe; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Capital expenditures 31 44 41 42 39
Depreciation and amortization 90 98 94 72 70
Segment Financial Ratio
Segment capital expenditures to depreciation1 0.34 0.45 0.44 0.58 0.56

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).

1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 31 ÷ 90 = 0.34

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Europe Europe segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Segment Capital Expenditures to Depreciation: Asia Pacific

Colgate-Palmolive Co.; Asia Pacific; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Capital expenditures 60 50 51 40 75
Depreciation and amortization 89 96 95 100 103
Segment Financial Ratio
Segment capital expenditures to depreciation1 0.67 0.52 0.54 0.40 0.73

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).

1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 60 ÷ 89 = 0.67

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Asia Pacific Asia Pacific segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level.

Segment Capital Expenditures to Depreciation: Africa/Eurasia

Colgate-Palmolive Co.; Africa/Eurasia; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Capital expenditures 30 33 13 8 11
Depreciation and amortization 9 9 9 8 8
Segment Financial Ratio
Segment capital expenditures to depreciation1 3.33 3.67 1.44 1.00 1.38

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).

1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 30 ÷ 9 = 3.33

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Africa/Eurasia Africa/Eurasia segment capital expenditures to depreciation ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.

Segment Capital Expenditures to Depreciation: Pet Nutrition

Colgate-Palmolive Co.; Pet Nutrition; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Capital expenditures 297 147 56 41 35
Depreciation and amortization 65 62 58 55 53
Segment Financial Ratio
Segment capital expenditures to depreciation1 4.57 2.37 0.97 0.75 0.66

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).

1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 297 ÷ 65 = 4.57

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Pet Nutrition Pet Nutrition segment capital expenditures to depreciation ratio improved from 2020 to 2021 and from 2021 to 2022.

Net sales

Colgate-Palmolive Co., net sales by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North America 3,816 3,694 3,741 3,424 3,348
Latin America 3,982 3,663 3,418 3,606 3,605
Europe 2,548 2,841 2,747 2,450 2,502
Asia Pacific 2,826 2,867 2,701 2,707 2,734
Africa/Eurasia 1,082 1,045 981 981 967
Oral, Personal and Home Care 14,254 14,110 13,588 13,168 13,156
Pet Nutrition 3,713 3,311 2,883 2,525 2,388
Total 17,967 17,421 16,471 15,693 15,544

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).


Operating profit

Colgate-Palmolive Co., operating profit by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North America 761 754 988 982 1,037
Latin America 1,108 1,012 975 963 995
Europe 514 682 652 624 634
Asia Pacific 737 844 773 749 777
Africa/Eurasia 228 203 206 187 173
Oral, Personal and Home Care 3,348 3,495 3,594 3,505 3,616
Pet Nutrition 850 901 793 703 680
Corporate (1,305) (1,064) (502) (654) (602)
Total 2,893 3,332 3,885 3,554 3,694

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).


Capital expenditures

Colgate-Palmolive Co., capital expenditures by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North America 66 87 65 43 53
Latin America 121 118 104 90 131
Europe 31 44 41 42 39
Asia Pacific 60 50 51 40 75
Africa/Eurasia 30 33 13 8 11
Oral, Personal and Home Care 308 332 274 223 309
Pet Nutrition 297 147 56 41 35
Corporate 91 88 79 71 92
Total 696 567 409 335 436

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).


Depreciation and amortization

Colgate-Palmolive Co., depreciation and amortization by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North America 106 104 101 94 88
Latin America 93 88 81 84 82
Europe 90 98 94 72 70
Asia Pacific 89 96 95 100 103
Africa/Eurasia 9 9 9 8 8
Oral, Personal and Home Care 387 395 380 358 351
Pet Nutrition 65 62 58 55 53
Corporate 93 99 101 106 107
Total 545 556 539 519 511

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).


Identifiable assets

Colgate-Palmolive Co., identifiable assets by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North America 4,012 4,058 4,132 3,576 3,310
Latin America 2,603 2,369 2,251 2,384 2,225
Europe 3,457 4,432 5,386 5,104 2,883
Asia Pacific 2,085 2,161 2,272 2,155 2,148
Africa/Eurasia 694 599 605 590 502
Oral, Personal and Home Care 12,851 13,619 14,646 13,809 11,068
Pet Nutrition 2,804 1,342 1,210 1,175 1,033
Corporate 76 79 64 50 60
Total 15,731 15,040 15,920 15,034 12,161

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).