Colgate-Palmolive Company is an American company specializing in the manufacturing and marketing of cleaning and hygiene products such as detergents, soaps, toothpaste and toothbrushes. The brand is enjoying a strong reputation in many countries.
Operating Margin for Colgate-Palmolive (CL)
Operating Margin as of April 2024 (TTM): 14.80%
According to Colgate-Palmolive's latest financial reports and stock price the company's current Operating Margin is 14.80%. At the end of 2022 the company had an Operating Margin of 14.80%.
Operating Margin history for Colgate-Palmolive from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 14.80% | -16.45% |
| 2021 | 17.72% | -19.97% |
| 2020 | 22.14% | 5.26% |
| 2019 | 21.03% | -5.61% |
| 2018 | 22.29% | -1.23% |
| 2017 | 22.56% | -8.28% |
| 2016 | 24.60% | 42.76% |
| 2015 | 17.23% | -15.73% |
| 2014 | 20.45% | -0.08% |
| 2013 | 20.46% | -9.75% |
| 2012 | 22.67% | 0.14% |
| 2011 | 22.64% | 2.74% |
| 2010 | 22.04% | -4.53% |
| 2009 | 23.08% | 20.98% |
| 2008 | 19.08% | 5.4% |
| 2007 | 18.10% | 10.68% |
| 2006 | 16.36% | -10.33% |
| 2005 | 18.24% | -3.58% |
| 2004 | 18.92% | -8.24% |
| 2003 | 20.62% | 2.46% |
| 2002 | 20.12% | 13.69% |
| 2001 | 17.70% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Procter & Gamble PG | 22.44% | 51.62% | 🇺🇸 USA |
 Church & Dwight
CHD | 9.73% | -34.26% | 🇺🇸 USA |
 Clorox CLX | 3.22% | -78.24% | 🇺🇸 USA |
 Kimberly-Clark KMB | 9.31% | -37.09% | 🇺🇸 USA |
 Unilever UL | 17.20% | 16.22% | 🇬🇧 UK |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.