Financials Colgate-Palmolive Company

Equities

CL

US1941621039

Personal Products

Market Closed - Nyse Other stock markets 21:00:02 16/01/2026 GMT			5-day change	1st Jan Change
84.52 ^USD	+0.21%		+3.73%	+6.96%

01-16	Barclays Adjusts Price Target on Colgate-Palmolive to $83 From $80, Maintains Equalweight Rating	MT
01-16	BNP Paribas Exane Adjusts Price Target on Colgate-Palmolive to $93 From $88, Maintains Outperform Rating	MT

Projected Income Statement: Colgate-Palmolive Company

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	16,471	17,421	17,967	19,457	20,101	20,279	21,001	21,705
Change	-	5.77%	3.13%	8.29%	3.31%	0.89%	3.56%	3.35%
EBITDA ¹	4,414	4,433	4,226	4,603	4,958	4,940	5,123	5,378
Change	-	0.43%	-4.67%	8.92%	7.71%	-0.36%	3.7%	4.97%
EBIT ¹	3,875	3,877	3,681	4,036	4,353	4,326	4,499	4,742
Change	-	0.05%	-5.06%	9.64%	7.85%	-0.62%	3.99%	5.41%
Interest Paid ¹	-164	-100	-153	-232	-225	-201.6	-198.1	-197.5
Earnings before Tax (EBT) ¹	3,647	3,087	2,660	3,392	3,956	3,970	4,223	4,509
Change	-	-15.36%	-13.83%	27.52%	16.63%	0.35%	6.38%	6.77%
Net income ¹	2,695	2,166	1,785	2,300	2,889	2,924	3,105	3,327
Change	-	-19.63%	-17.59%	28.85%	25.61%	1.23%	6.16%	7.16%
Announcement Date	29/01/21	28/01/22	27/01/23	26/01/24	31/01/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3
Net sales ¹	4,324	4,344	4,260	4,414	4,403	4,399	4,484	4,455	4,629	4,770	4,822	4,915	4,950	5,065	5,058	5,033	4,944	4,911	5,110	5,131	5,123	5,156	5,264	5,283	5,288	5,372	5,455	5,470
Change	-	0.46%	-1.93%	3.62%	-0.25%	-0.09%	1.93%	-0.65%	3.91%	3.05%	1.09%	1.93%	0.71%	2.32%	-0.14%	-0.49%	-1.77%	-0.67%	4.05%	0.41%	-0.16%	0.65%	2.09%	0.37%	0.09%	1.58%	1.55%	0.28%
EBITDA ¹	1,108	1,141	1,107	1,107	1,078	1,061	1,035	1,054	1,076	1,067	1,137	1,175	1,224	1,233	1,275	1,230	1,219	1,239	1,240	1,217	1,237	1,262	1,270	1,270	1,287	1,319	1,331	1,321
Change	-	2.98%	-2.98%	0%	-2.62%	-1.58%	-2.45%	1.84%	2.09%	-0.84%	6.56%	3.34%	4.17%	0.74%	3.41%	-3.53%	-0.89%	1.64%	0.08%	-1.85%	1.61%	2.06%	0.65%	-0.02%	1.36%	2.48%	0.91%	-0.79%
EBIT ¹	969	1,004	970	967	936	923	897	920	941	939	992	1,031	1,074	1,083	1,118	1,080	1,071	1,091	1,089	1,059	1,080	1,111	1,114	1,116	1,128	1,168	1,174	1,178
Change	-	3.61%	-3.39%	-0.31%	-3.21%	-1.39%	-2.82%	2.56%	2.28%	-0.21%	5.64%	3.93%	4.17%	0.84%	3.23%	-3.4%	-0.83%	1.87%	-0.18%	-2.75%	2.01%	2.83%	0.31%	0.12%	1.13%	3.55%	0.51%	0.35%
Charge d'intérêts ¹	-57	-29	-25	-23	-23	-27	-31	-40	-55	-54	-58	-58	-62	-58	-60	-56	-50	-51	-51	-46	-50.44	-50.22	-48.96	-50.66	-48.2	-44.2	-44.7	-56.4
Earnings before Tax (EBT) ¹	894	957	953	853	324	795	841	892	132	561	887	956	988	967	1,010	986	994	953	1,007	992	1,031	1,039	1,039	1,059	1,085	-	-	-
Change	-	7.05%	-0.42%	-10.49%	-62.02%	145.37%	5.79%	6.06%	-85.2%	325%	58.11%	7.78%	3.35%	-2.13%	4.45%	-2.38%	0.81%	-4.12%	5.67%	-1.49%	3.97%	0.75%	-0.01%	1.96%	2.38%	-	-	-
Net income ¹	647	681	703	634	148	559	603	618	5	372	502	708	718	683	731	737	739	690	743	735	756.2	758.2	764.2	778.8	791	-	-	-
Change	-	5.26%	3.23%	-9.82%	-76.66%	277.7%	7.87%	2.49%	-99.19%	7,340%	34.95%	41.04%	1.41%	-4.87%	7.03%	0.82%	0.27%	-6.63%	7.68%	-1.08%	2.88%	0.26%	0.79%	1.91%	1.57%	-	-	-
Announcement Date	29/01/21	30/04/21	30/07/21	29/10/21	28/01/22	29/04/22	29/07/22	28/10/22	27/01/23	28/04/23	28/07/23	27/10/23	26/01/24	26/04/24	26/07/24	25/10/24	31/01/25	25/04/25	01/08/25	31/10/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Colgate-Palmolive Company

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	6,713	6,413	7,991	7,583	6,853	7,167	7,091	6,909
Change	-	-4.47%	24.61%	-5.11%	-9.63%	4.58%	-1.06%	-2.57%
Announcement Date	29/01/21	28/01/22	27/01/23	26/01/24	31/01/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Colgate-Palmolive Company

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	410	567	696	705	561	579.2	617.9	642.7
Change	-	38.29%	22.75%	1.29%	-20.43%	3.24%	6.68%	4.02%
Free Cash Flow (FCF) ¹	3,309	2,758	1,860	3,040	3,546	3,402	3,322	3,485
Change	-	-16.65%	-32.56%	63.44%	16.64%	-4.06%	-2.36%	4.92%
Announcement Date	29/01/21	28/01/22	27/01/23	26/01/24	31/01/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Colgate-Palmolive Company

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	26.8%	25.45%	23.52%	23.66%	24.67%	24.36%	24.4%	24.78%
EBIT Margin (%)	23.53%	22.25%	20.49%	20.74%	21.66%	21.33%	21.42%	21.85%
EBT Margin (%)	22.14%	17.72%	14.8%	17.43%	19.68%	19.58%	20.11%	20.77%
Net margin (%)	16.36%	12.43%	9.93%	11.82%	14.37%	14.42%	14.78%	15.33%
FCF margin (%)	20.09%	15.83%	10.35%	15.62%	17.64%	16.78%	15.82%	16.06%
FCF / Net Income (%)	122.78%	127.33%	104.2%	132.17%	122.74%	116.33%	107%	104.75%
Profitability
ROA	17%	17.56%	11.6%	14.32%	17.81%	18.05%	18.26%	19.02%
ROE	626.7%	402.22%	493.66%	957.33%	703.78%	409.28%	303.19%	260.68%
Financial Health
Leverage (Debt/EBITDA)	1.52x	1.45x	1.89x	1.65x	1.38x	1.45x	1.38x	1.28x
Debt / Free cash flow	2.03x	2.33x	4.3x	2.49x	1.93x	2.11x	2.13x	1.98x
Capital Intensity
CAPEX / Current Assets (%)	2.49%	3.25%	3.87%	3.62%	2.79%	2.86%	2.94%	2.96%
CAPEX / EBITDA (%)	9.29%	12.79%	16.47%	15.32%	11.32%	11.72%	12.06%	11.95%
CAPEX / FCF (%)	12.39%	20.56%	37.42%	23.19%	15.82%	17.03%	18.6%	18.44%
Items per share
Cash flow per share ¹	4.328	3.92	3.047	4.516	4.989	4.616	4.656	5.044
Change	-	-9.43%	-22.26%	48.2%	10.48%	-7.47%	0.87%	8.32%
Dividend per Share ¹	1.75	1.79	1.86	1.91	1.98	2.088	2.153	2.251
Change	-	2.29%	3.91%	2.69%	3.66%	5.47%	3.09%	4.56%
Book Value Per Share ¹	0.87	0.7207	0.4794	0.736	0.2575	1.099	1.38	1.699
Change	-	-17.16%	-33.48%	53.53%	-65.01%	326.94%	25.5%	23.17%
EPS ¹	3.14	2.55	2.13	2.77	3.51	3.579	3.854	4.158
Change	-	-18.79%	-16.47%	30.05%	26.71%	1.96%	7.7%	7.89%
Nbr of stocks (in thousands)	857,169	842,849	835,214	823,372	817,011	806,065	806,065	806,065
Announcement Date	29/01/21	28/01/22	27/01/23	26/01/24	31/01/25	-	-	-