Colgate-Palmolive
CL
#236
Rank
$71.27 B
Marketcap
$86.71
Share price
-0.05%
Change (1 day)
14.79%
Change (1 year)

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
202214.80%-16.45%
202117.72%-19.97%
202022.14%5.26%
201921.03%-5.61%
201822.29%-1.23%
201722.56%-8.28%
201624.60%42.76%
201517.23%-15.73%
201420.45%-0.08%
201320.46%-9.75%
201222.67%0.14%
201122.64%2.74%
201022.04%-4.53%
200923.08%20.98%
200819.08%5.4%
200718.10%10.68%
200616.36%-10.33%
200518.24%-3.58%
200418.92%-8.24%
200320.62%2.46%
200220.12%13.69%
200117.70%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
22.44% 51.62%๐Ÿ‡บ๐Ÿ‡ธ USA
9.73%-34.26%๐Ÿ‡บ๐Ÿ‡ธ USA
3.22%-78.24%๐Ÿ‡บ๐Ÿ‡ธ USA
9.31%-37.09%๐Ÿ‡บ๐Ÿ‡ธ USA
17.20% 16.22%๐Ÿ‡ฌ๐Ÿ‡ง 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.