CL
Colgate-Palmolive Co
CL—
Colgate-Palmolive Co AI Insights
Informational only. Not investment advice.Snapshot
- ROIC of 32% TTM on 9.3B invested capital - exceptional capital efficiency despite 9.8x debt/equity leverage[Return on Invested Capital]
- Negative tangible book value (-4.7B) with goodwill at 4.3x equity - balance sheet entirely dependent on brand value[Tangible Book Value]
- FCF of 3.4B TTM covers 2.0B dividends + debt service with 1.4B cushion; 17% FCF yield on invested capital[Free Cash Flow]
Watch Triggers
- Interest Expense: Rises above 400M annually — At 8.4B debt, rate increases compress FCF available for dividends; current 3.2% avg rate is unsustainably low
- Gross Margin: Falls below 55% — Would signal loss of pricing power and compress operating margin toward industry median, invalidating bull thesis
- Goodwill: Any impairment charge — Goodwill is 4.3x equity; even 20% impairment would eliminate stockholders' equity entirely
Bull Case
Exceptional capital efficiency: 32% ROIC TTM with 1.17x asset turnover generates 3.4B FCF annually on minimal capex (571M), funding dividends and buybacks without equity dilution
Return on Invested CapitalFree Cash FlowAsset Turnover
Defensive moat: 60% gross margin and 22% operating margin TTM demonstrate pricing power in staples category, insulating earnings through economic cycles
Gross MarginOperating MarginNet Margin
Bear Case
Balance sheet fragility: 9.8x debt/equity with negative tangible book (-4.7B) leaves no margin for error; goodwill impairment would devastate equity
Debt to EquityTangible Book ValueGoodwill
Valuation full: P/E 21.3x at industry median, P/S 3.1x vs median 4.1x offers limited upside given 20B revenue scale and mature growth profile
P/E RatioP/S RatioTotal Revenue
Bull vs Bear Balance
AI-generated sentiment analysis based on fundamental metrics and market conditions.
55%
Leverage CL's top insights and create a custom strategy based on them in seconds. Our AI editor does it all — in one click.
Forward Thesis
Margin expansion likely to continue as pricing power offsets input cost inflation
1-3ymed
- Gross margin 60% vs industry median 55%
- Operating margin 22% with room to optimize
- Asset turnover 1.17x enables capital-light growth
Net margin 14.5% TTM above industry medianROIC 32% vs industry median -32%FCF conversion 86% of operating cash flow
Dividend sustainability at risk if debt refinancing costs rise materially
1-3ylow
- Interest expense 269M on 8.4B debt
- Payout ratio 57% of EPS, 59% of FCF
- Net debt 7.1B vs equity 856M
Debt/equity 9.8x extremely elevatedCurrent debt 1.1B due near-termInterest coverage 16x still comfortable
Valuation Context
Caveats
Public Strategies Rankings
See how Colgate-Palmolive Co ranks across different investment strategies.
Leverage CL's top insights and create a custom strategy in seconds. Our AI editor does it all — in one click.
CL Fundamentals
Manufacturing → Chemical Manufacturing
| Metric | Value | YoY Growth | Industry Percentile |
|---|---|---|---|
$64.35B | — | ||
$71.49B | — | ||
22 | — | ||
$20.1B | -0.0% | — | |
$3.58 | +1.8% | — | |
21.6% | -0.2% | — | |
14.5% | +0.2% | — | |
$3.44B | +1.3% | — | |
4.5 | — | ||
Beta 5Y (Monthly) | unknown | — |
CL Dividend History
105 dividends
02/13/26$0.5200
11/14/25$0.5200
08/15/25$0.5200
05/15/25$0.5200
02/14/25$0.5000
11/15/24$0.5000
08/15/24$0.5000
05/15/24$0.5000
02/15/24$0.4800
11/15/23$0.4800
08/15/23$0.4800
05/15/23$0.4800
02/14/23$0.4700
11/15/22$0.4700
08/15/22$0.4700
05/13/22$0.4700
02/15/22$0.4500
11/15/21$0.4500
08/16/21$0.4500
05/14/21$0.4500
02/16/21$0.4400
11/16/20$0.4400
08/14/20$0.4400
05/15/20$0.4400
02/14/20$0.4300
11/15/19$0.4300
08/15/19$0.4300
05/15/19$0.4300
02/15/19$0.4200
11/15/18$0.4200
08/15/18$0.4200
05/15/18$0.4200
02/15/18$0.4000
11/15/17$0.4000
08/15/17$0.4000
05/15/17$0.4000
02/15/17$0.3900
11/15/16$0.3900
08/15/16$0.3900
05/16/16$0.3900
02/16/16$0.3800
11/16/15$0.3800
08/14/15$0.3800
05/15/15$0.3800
02/16/15$0.3600
11/14/14$0.3600
08/15/14$0.3600
05/15/14$0.3600
02/14/14$0.3400
11/15/13$0.3400
08/15/13$0.3400
05/15/13$0.3400
02/15/13$0.3100
11/15/12$0.3100
08/15/12$0.3100
05/15/12$0.3100
02/15/12$0.2900
11/15/11$0.2900
08/15/11$0.2900
05/16/11$0.2900
02/15/11$0.2650
11/15/10$0.2650
08/13/10$0.2650
05/14/10$0.2650
02/16/10$0.2200
11/13/09$0.2200
08/14/09$0.2200
05/15/09$0.2200
02/13/09$0.2000
11/14/08$0.2000
08/15/08$0.2000
05/15/08$0.2000
02/15/08$0.1800
11/15/07$0.1800
08/15/07$0.1800
05/15/07$0.1800
02/15/07$0.1600
11/15/06$0.1600
08/15/06$0.1600
05/15/06$0.1600
02/15/06$0.1450
11/15/05$0.1450
08/15/05$0.1450
05/13/05$0.1450
02/15/05$0.1200
11/15/04$0.1200
08/16/04$0.1200
05/14/04$0.1200
02/13/04$0.1200
11/14/03$0.1200
08/15/03$0.1200
05/15/03$0.1200
02/14/03$0.0900
11/15/02$0.0900
08/15/02$0.0900
05/15/02$0.0900
02/15/02$0.0900
11/15/01$0.0900
08/15/01$0.0900
05/15/01$0.0788
02/15/01$0.0788
11/15/00$0.0788
08/15/00$0.0788
05/15/00$0.0788
02/15/00$0.0788
CL Stock Splits
1 stock split
05/16/131:2 split
CL SEC Filings
| Filing Date | Report Date | Report Type | Filing Link |
|---|---|---|---|
10/31/25 | 09/30/25 | 10-Q | |
08/01/25 | 06/30/25 | 10-Q | |
04/25/25 | 03/31/25 | 10-Q | |
02/13/25 | 12/31/24 | 10-K | |
10/25/24 | 09/30/24 | 10-Q | |
07/26/24 | 06/30/24 | 10-Q | |
04/26/24 | 03/31/24 | 10-Q | |
02/15/24 | 12/31/23 | 10-K | |
10/27/23 | 09/30/23 | 10-Q | |
07/28/23 | 06/30/23 | 10-Q | |
04/28/23 | 03/31/23 | 10-Q | |
02/16/23 | 12/31/22 | 10-K | |
10/28/22 | 09/30/22 | 10-Q | |
07/29/22 | 06/30/22 | 10-Q | |
04/29/22 | 03/31/22 | 10-Q | |
02/17/22 | 12/31/21 | 10-K | |
10/29/21 | 09/30/21 | 10-Q | |
07/30/21 | 06/30/21 | 10-Q | |
04/30/21 | 03/31/21 | 10-Q | |
02/18/21 | 12/31/20 | 10-K | |
10/30/20 | 09/30/20 | 10-Q | |
07/31/20 | 06/30/20 | 10-Q | |
05/01/20 | 03/31/20 | 10-Q | |
02/21/20 | 12/31/19 | 10-K | |
11/01/19 | 09/30/19 | 10-Q | |
07/26/19 | 06/30/19 | 10-Q | |
04/26/19 | 03/31/19 | 10-Q | |
02/21/19 | 12/31/18 | 10-K | |
10/26/18 | 09/30/18 | 10-Q | |
07/27/18 | 06/30/18 | 10-Q | |
04/27/18 | 03/31/18 | 10-Q | |
02/15/18 | 12/31/17 | 10-K | |
10/27/17 | 09/30/17 | 10-Q | |
07/21/17 | 06/30/17 | 10-Q | |
04/28/17 | 03/31/17 | 10-Q | |
02/23/17 | 12/31/16 | 10-K | |
10/27/16 | 09/30/16 | 10-Q | |
07/28/16 | 06/30/16 | 10-Q | |
04/28/16 | 03/31/16 | 10-Q | |
02/18/16 | 12/31/15 | 10-K | |
10/30/15 | 09/30/15 | 10-Q | |
07/30/15 | 06/30/15 | 10-Q | |
04/30/15 | 03/31/15 | 10-Q | |
02/19/15 | 12/31/14 | 10-K | |
10/24/14 | 09/30/14 | 10-Q | |
07/31/14 | 06/30/14 | 10-Q | |
04/25/14 | 03/31/14 | 10-Q | |
02/20/14 | 12/31/13 | 10-K | |
10/24/13 | 09/30/13 | 10-Q | |
07/25/13 | 06/30/13 | 10-Q | |
04/25/13 | 03/31/13 | 10-Q | |
02/21/13 | 12/31/12 | 10-K | |
10/25/12 | 09/30/12 | 10-Q | |
07/26/12 | 06/30/12 | 10-Q | |
04/26/12 | 03/31/12 | 10-Q | |
02/23/12 | 12/31/11 | 10-K | |
10/27/11 | 09/30/11 | 10-Q | |
07/28/11 | 06/30/11 | 10-Q | |
04/28/11 | 03/31/11 | 10-Q | |
02/24/11 | 12/31/10 | 10-K | |
10/27/11 | 09/30/10 | 10-Q | |
07/28/11 | 06/30/10 | 10-Q | |
04/29/10 | 03/31/10 | 10-Q | |
02/25/10 | 12/31/09 | 10-K | |
10/28/10 | 09/30/09 | 10-Q | |
10/29/09 | 09/30/09 | 10-Q | |
07/30/09 | 06/30/09 | 10-Q | |
07/29/10 | 06/30/09 | 10-Q | |
04/30/09 | 03/31/09 | 10-Q | |
02/27/09 | 12/31/08 | 10-K | |
10/30/08 | 09/30/08 | 10-Q | |
07/29/08 | 06/30/08 | 10-Q | |
04/30/08 | 03/30/08 | Unknown | -- |
02/28/08 | 12/31/07 | 5 | |
10/30/07 | 09/30/07 | 10-Q | |
07/26/07 | 06/30/07 | 10-Q | |
04/26/07 | 03/30/07 | Unknown | -- |
02/23/07 | 12/31/06 | 10-K | |
10/25/06 | 09/30/06 | 10-Q | |
07/27/06 | 06/30/06 | 10-Q | |
04/28/06 | 03/30/06 | Unknown | -- |
02/24/06 | 12/31/05 | 10-K | |
11/04/05 | 09/30/05 | 10-Q | |
07/29/05 | 06/30/05 | 10-Q | |
04/29/05 | 03/30/05 | Unknown | -- |
02/25/05 | 12/31/04 | 5 | |
11/04/04 | 09/30/04 | 10-Q | |
08/06/04 | 06/30/04 | 10-Q | |
05/05/04 | 03/30/04 | Unknown | -- |
03/12/04 | 12/31/03 | 10-K | |
11/07/03 | 09/30/03 | 10-Q | |
08/13/03 | 06/30/03 | 10-Q | |
05/12/03 | 03/30/03 | Unknown | -- |
03/24/03 | 12/31/02 | 10-K | |
11/06/02 | 09/30/02 | 10-Q | |
08/02/02 | 06/30/02 | 10-Q | |
04/30/02 | 03/30/02 | Unknown | -- |
03/20/02 | 12/31/01 | 10-K | |
11/09/01 | 09/30/01 | 10-Q | |
08/13/01 | 06/30/01 | 10-Q | |
05/14/01 | 03/30/01 | Unknown | -- |
03/28/01 | 12/31/00 | 10-K405 | |
11/09/00 | 09/30/00 | 10-Q | |
08/10/00 | 06/30/00 | 10-Q | |
05/08/00 | 03/30/00 | Unknown | -- |