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Colgate-Palmolive

DB:CPA
Snowflake Description

Established dividend payer with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CPA
DB
$60B
Market Cap
  1. Home
  2. DE
  3. Household
Company description

Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products worldwide. The last earnings update was 57 days ago. More info.


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CPA Share Price and Events
7 Day Returns
1.7%
DB:CPA
-0.9%
Europe Household Products
2.4%
DE Market
1 Year Returns
9.7%
DB:CPA
-4.1%
Europe Household Products
-6.2%
DE Market
CPA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Colgate-Palmolive (CPA) 1.7% 6.2% 13.1% 9.7% 0% 27.9%
Europe Household Products -0.9% -3.7% -2.5% -4.1% -15.3% 13.6%
DE Market 2.4% 3% 7.4% -6.2% 9.6% 14.1%
1 Year Return vs Industry and Market
  • CPA outperformed the Household Products industry which returned -4.1% over the past year.
  • CPA outperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
CPA
Industry
5yr Volatility vs Market

Value

 Is Colgate-Palmolive undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Colgate-Palmolive to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Colgate-Palmolive.

DB:CPA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 20 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:CPA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Household Products Unlevered Beta Simply Wall St/ S&P Global 0.33
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.334 (1 + (1- 21%) (10.69%))
0.573
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.8 * 5.96%)
5%

Discounted Cash Flow Calculation for DB:CPA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Colgate-Palmolive is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:CPA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 5%)
2019 2,686.41 Analyst x9 2,558.58
2020 2,682.82 Analyst x9 2,433.58
2021 2,783.18 Analyst x4 2,404.49
2022 3,509.00 Analyst x1 2,887.30
2023 3,670.00 Analyst x1 2,876.09
2024 3,787.81 Est @ 3.21% 2,827.17
2025 3,875.52 Est @ 2.32% 2,755.00
2026 3,940.99 Est @ 1.69% 2,668.23
2027 3,990.29 Est @ 1.25% 2,573.06
2028 4,027.96 Est @ 0.94% 2,473.76
Present value of next 10 years cash flows $26,457.25
DB:CPA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $4,027.96 × (1 + 0.23%) ÷ (5% – 0.23%)
$84,671.59
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $84,671.59 ÷ (1 + 5%)10
$52,000.82
DB:CPA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $26,457.25 + $52,000.82
$78,458.07
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $78,458.07 / 859.81
$91.25
DB:CPA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:CPA represents 0.88377x of NYSE:CL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88377x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 91.25 x 0.88377
€80.64
Value per share (EUR) From above. €80.64
Current discount Discount to share price of €61.29
= -1 x (€61.29 - €80.64) / €80.64
24%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Colgate-Palmolive is available for.
Intrinsic value
24%
Share price is €61.29 vs Future cash flow value of €80.64
Current Discount Checks
For Colgate-Palmolive to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Colgate-Palmolive's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Colgate-Palmolive's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Colgate-Palmolive's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Colgate-Palmolive's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:CPA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $2.76
NYSE:CL Share Price ** NYSE (2019-04-18) in USD $69.35
Europe Household Products Industry PE Ratio Median Figure of 5 Publicly-Listed Household Products Companies 17.96x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.67x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Colgate-Palmolive.

DB:CPA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:CL Share Price ÷ EPS (both in USD)

= 69.35 ÷ 2.76

25.16x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Colgate-Palmolive is overvalued based on earnings compared to the Europe Household Products industry average.
  • Colgate-Palmolive is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Colgate-Palmolive's expected growth come at a high price?
Raw Data
DB:CPA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 25.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 20 Analysts
2%per year
Europe Household Products Industry PEG Ratio Median Figure of 5 Publicly-Listed Household Products Companies 1.9x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

DB:CPA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 25.16x ÷ 2%

12.61x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Colgate-Palmolive is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Colgate-Palmolive's assets?
Raw Data
DB:CPA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $-0.12
NYSE:CL Share Price * NYSE (2019-04-18) in USD $69.35
Europe Household Products Industry PB Ratio Median Figure of 8 Publicly-Listed Household Products Companies 2.48x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.85x
DB:CPA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:CL Share Price ÷ Book Value per Share (both in USD)

= 69.35 ÷ -0.12

-586.7x

* Primary Listing of Colgate-Palmolive.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Colgate-Palmolive has negative assets, we can't compare the value of its assets to the Europe Household Products industry average.
X
Value checks
We assess Colgate-Palmolive's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Household Products industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Household Products industry average (and greater than 0)? (1 check)
  5. Colgate-Palmolive has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Colgate-Palmolive expected to perform in the next 1 to 3 years based on estimates from 20 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Colgate-Palmolive expected to grow at an attractive rate?
  • Colgate-Palmolive's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Colgate-Palmolive's earnings growth is positive but not above the Germany market average.
  • Colgate-Palmolive's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:CPA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:CPA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 20 Analysts 2%
DB:CPA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 20 Analysts 2.4%
Europe Household Products Industry Earnings Growth Rate Market Cap Weighted Average 6.9%
Europe Household Products Industry Revenue Growth Rate Market Cap Weighted Average 3.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:CPA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 20 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:CPA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 17,850 3,166 2
2022-12-31 17,188 3,398 2,488 3
2021-12-31 16,525 3,259 2,572 10
2020-12-31 16,036 3,184 2,499 19
2019-12-31 15,604 3,140 2,382 20
DB:CPA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 15,544 3,056 2,400
2018-09-30 15,625 2,953 2,117
2018-06-30 15,754 3,046 2,201
2018-03-31 15,694 2,979 2,088
2017-12-31 15,454 3,054 2,024
2017-09-30 15,283 3,119 2,307
2017-06-30 15,176 3,126 2,402
2017-03-31 15,195 3,218 2,478
2016-12-31 15,195 3,141 2,441
2016-09-30 15,373 3,158 2,461
2016-06-30 15,505 3,046 2,485
2016-03-31 15,726 2,836 2,459

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Colgate-Palmolive's earnings are expected to grow by 2% yearly, however this is not considered high growth (20% yearly).
  • Colgate-Palmolive's revenue is expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:CPA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 20 Analyst Estimates (S&P Global) See Below

All data from Colgate-Palmolive Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CPA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 3.28 3.28 3.28 1.00
2022-12-31 3.30 3.51 3.08 2.00
2021-12-31 3.11 3.28 2.95 4.00
2020-12-31 2.99 3.15 2.83 9.00
2019-12-31 2.79 2.85 2.68 9.00
DB:CPA Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 2.76
2018-09-30 2.42
2018-06-30 2.51
2018-03-31 2.37
2017-12-31 2.30
2017-09-30 2.61
2017-06-30 2.71
2017-03-31 2.79
2016-12-31 2.74
2016-09-30 2.75
2016-06-30 2.77
2016-03-31 2.74

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Colgate-Palmolive is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Colgate-Palmolive's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Colgate-Palmolive has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Colgate-Palmolive performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Colgate-Palmolive's growth in the last year to its industry (Household Products).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Colgate-Palmolive's year on year earnings growth rate has been positive over the past 5 years.
  • Colgate-Palmolive's 1-year earnings growth exceeds its 5-year average (18.6% vs 0%)
  • Colgate-Palmolive's earnings growth has exceeded the Europe Household Products industry average in the past year (18.6% vs -8.3%).
Earnings and Revenue History
Colgate-Palmolive's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Colgate-Palmolive Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CPA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 15,544.00 2,400.00 5,434.00
2018-09-30 15,625.00 2,117.00 5,438.00
2018-06-30 15,754.00 2,201.00 5,468.00
2018-03-31 15,694.00 2,088.00 5,474.00
2017-12-31 15,454.00 2,024.00 5,412.00
2017-09-30 15,283.00 2,307.00 5,289.00
2017-06-30 15,176.00 2,402.00 5,195.00
2017-03-31 15,195.00 2,478.00 5,185.00
2016-12-31 15,195.00 2,441.00 5,172.00
2016-09-30 15,373.00 2,461.00 5,213.00
2016-06-30 15,505.00 2,485.00 5,232.00
2016-03-31 15,726.00 2,459.00 5,296.00
2015-12-31 16,034.00 2,468.00 5,400.00
2015-09-30 16,356.00 2,470.00 5,548.00
2015-06-30 16,736.00 2,286.00 5,700.00
2015-03-31 17,022.00 2,334.00 5,825.00
2014-12-31 17,277.00 2,180.00 5,920.00
2014-09-30 17,417.00 2,116.00 6,012.00
2014-06-30 17,436.00 2,230.00 6,068.00
2014-03-31 17,430.00 2,169.00 6,085.00
2013-12-31 17,420.00 2,241.00 6,086.00
2013-09-30 17,345.00 2,275.00 6,061.00
2013-06-30 17,279.00 2,273.00 6,020.00
2013-03-31 17,200.00 2,339.00 5,967.00
2012-12-31 17,085.00 2,472.00 5,910.00
2012-09-30 16,971.00 2,464.00 5,868.00
2012-06-30 17,022.00 2,453.00 5,853.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Colgate-Palmolive made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • Colgate-Palmolive used its assets more efficiently than the Europe Household Products industry average last year based on Return on Assets.
  • Colgate-Palmolive's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Colgate-Palmolive's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Household Products industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Colgate-Palmolive has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Colgate-Palmolive's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Colgate-Palmolive's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Colgate-Palmolive is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Colgate-Palmolive's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Colgate-Palmolive's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Colgate-Palmolive Company Filings, last reported 3 months ago.

DB:CPA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 197.00 6,375.00 736.00
2018-09-30 -68.00 6,622.00 961.00
2018-06-30 -189.00 6,883.00 916.00
2018-03-31 101.00 6,726.00 906.00
2017-12-31 243.00 6,584.00 1,549.00
2017-09-30 267.00 6,529.00 1,602.00
2017-06-30 88.00 6,520.00 1,396.00
2017-03-31 -5.00 6,474.00 1,459.00
2016-12-31 17.00 6,533.00 1,339.00
2016-09-30 228.00 6,523.00 1,488.00
2016-06-30 34.00 6,572.00 1,252.00
2016-03-31 -73.00 6,580.00 1,101.00
2015-12-31 -44.00 6,548.00 1,031.00
2015-09-30 590.00 6,790.00 1,591.00
2015-06-30 757.00 6,683.00 1,308.00
2015-03-31 739.00 6,128.00 1,110.00
2014-12-31 1,385.00 6,150.00 1,290.00
2014-09-30 1,746.00 6,061.00 1,479.00
2014-06-30 2,071.00 6,063.00 1,316.00
2014-03-31 1,900.00 6,666.00 2,038.00
2013-12-31 2,536.00 5,658.00 1,136.00
2013-09-30 2,007.00 5,284.00 868.00
2013-06-30 1,804.00 5,628.00 1,060.00
2013-03-31 2,019.00 5,357.00 1,097.00
2012-12-31 2,390.00 5,230.00 1,003.00
2012-09-30 2,697.00 5,246.00 995.00
2012-06-30 2,510.00 5,363.00 1,088.00
  • Colgate-Palmolive's level of debt (3236%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (224.2% vs 3236% today).
  • Debt is well covered by operating cash flow (47.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 26.3x coverage).
X
Financial health checks
We assess Colgate-Palmolive's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Colgate-Palmolive has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Colgate-Palmolive's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.48%
Current annual income from Colgate-Palmolive dividends. Estimated to be 2.61% next year.
If you bought €2,000 of Colgate-Palmolive shares you are expected to receive €50 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Colgate-Palmolive's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Colgate-Palmolive's dividend is below the markets top 25% of dividend payers in Germany (3.7%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:CPA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 20 Analyst Estimates (S&P Global) See Below
Europe Household Products Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:CPA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 1.93 1.00
2022-12-31 1.82 2.00
2021-12-31 1.91 12.00
2020-12-31 1.81 16.00
2019-12-31 1.73 17.00
DB:CPA Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-03-14 1.720 2.548
2019-01-10 1.680 2.597
2018-09-13 1.680 2.666
2018-06-18 1.680 2.545
2018-03-07 1.680 2.531
2018-01-11 1.600 2.219
2017-09-26 1.600 2.185
2017-06-08 1.600 2.198
2017-03-09 1.600 2.170
2017-01-12 1.560 2.261
2016-09-08 1.560 2.261
2016-06-09 1.560 2.118
2016-03-10 1.560 2.207
2016-01-14 1.520 2.304
2015-09-10 1.520 2.321
2015-06-11 1.520 2.301
2015-02-19 1.520 2.212
2015-01-08 1.440 2.095
2014-09-10 1.440 2.145
2014-06-12 1.440 2.165
2014-03-13 1.440 2.178
2014-01-09 1.360 2.172
2013-09-12 1.360 2.148
2013-06-20 1.360 2.315
2013-03-07 1.360 2.301
2013-01-10 1.240 2.243
2012-10-11 1.240 2.331
2012-07-12 1.240 2.342
2012-03-08 1.240 2.508
2012-01-12 1.160 2.536
2011-10-13 1.160 2.575
2011-07-14 1.160 2.638
2011-02-24 1.160 2.792
2011-01-13 1.060 2.715
2010-10-14 1.060 2.712
2010-07-08 1.060 2.731
2010-02-04 1.060 2.584
2010-01-07 0.880 2.186
2009-10-08 0.880 2.154
2009-07-09 0.880 2.387
2009-04-20 0.880 2.660

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Colgate-Palmolive's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess Colgate-Palmolive's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Colgate-Palmolive afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Colgate-Palmolive has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Colgate-Palmolive's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Noel Wallace
COMPENSATION $2,806,390
AGE 54
TENURE AS CEO 0 years
CEO Bio

Mr. Noel R. Wallace is Chief Executive Officer and Director of Colgate-Palmolive Company since April 2, 2019 and has been its President since July 11, 2018. He was Chief Operating Officer of Colgate-Palmolive Co., since July 11, 2018 until April 2, 2019. Mr. Wallace was Chief Operating Officer of Global Innovation & Growth and Hill's Pet Nutrition at Colgate-Palmolive Company since November 12, 2016 until 2018. Mr. Wallace served as Chief Operating Officer at Colgate-Palmolive Co. from September 2016 to November 11, 2016. Mr. Wallace served as the Chief Operating Officer of Global Innovation & Growth and Hill’S Pet Nutrition at Colgate-Palmolive Co. from April 1, 2016 to September 2016. Mr. Wallace served as the President of Colgate-Latin America at Colgate-Palmolive Company since 2013 until April 1, 2016. In this position, Mr. Wallace has held responsibilities in Turkey, Russia, Poland, Mexico, South Africa, Puerto Rico and Uruguay and led Colgate-Palmolive North American unit and Global Sustainability Strategy. Mr. Wallace served as President of Colgate-Mexico and General Manager of Colgate-Mexico at Colgate-Palmolive Company since 2002. Mr. Wallace served as Vice President and General Manager for Global Toothbrush Division at Colgate-Palmolive Company. Mr. Wallace served as President of Colgate US. He began his consumer products career at Colgate-Palmolive in 1987 and has gained nearly 30 years of experience building, growing and transforming businesses. He serves on the nonprofit board of Project Sunshine and has previously served on the boards of several nonprofits, including the American Cleaning Institute, Personal Care Product Council and American Chamber of Commerce in Poland and Mexico. He was a Director of Kellogg Company since October 01, 2015 until December 29, 2018. He served as a Member of Board of Directors of The American Cleaning Institute.

CEO Compensation
  • Noel's compensation has been consistent with company performance over the past year.
  • Noel's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Colgate-Palmolive management team in years:

3
Average Tenure
58
Average Age
  • The tenure for the Colgate-Palmolive management team is about average.
Management Team

Ian Cook

TITLE
Executive Chairman
COMPENSATION
$12M
AGE
65

Noel Wallace

TITLE
President
COMPENSATION
$3M
AGE
54

Henning Jakobsen

TITLE
Chief Financial Officer
COMPENSATION
$2M
AGE
58
TENURE
0.9 yrs

P. Skala

TITLE
Executive VP and Chief Growth & Strategy Officer
COMPENSATION
$3M
AGE
58
TENURE
3 yrs

Pat Verduin

TITLE
Chief Technology Officer
AGE
59

Mike Crowe

TITLE
Chief Information Officer

Bina Thompson

TITLE
Chief Investor Relations Officer
AGE
68

Jennifer Daniels

TITLE
Chief Legal Officer & Secretary
AGE
54
TENURE
4.4 yrs

Al Lee

TITLE
Chief Ethics & Compliance Officer
TENURE
3.6 yrs

Paula Davis

TITLE
VP & Chief Communications Officer
TENURE
0.7 yrs
Board of Directors Tenure

Average tenure and age of the Colgate-Palmolive board of directors in years:

7
Average Tenure
61.5
Average Age
  • The tenure for the Colgate-Palmolive board of directors is about average.
Board of Directors

Noel Wallace

TITLE
President
COMPENSATION
$3M
AGE
54

John Cahill

TITLE
Independent Director
COMPENSATION
$304K
AGE
61
TENURE
13.5 yrs

Ian Cook

TITLE
Executive Chairman
COMPENSATION
$12M
AGE
65
TENURE
10.3 yrs

Helene Gayle

TITLE
Independent Director
COMPENSATION
$295K
AGE
62
TENURE
9.1 yrs

Mike Polk

TITLE
Independent Director
COMPENSATION
$295K
AGE
57
TENURE
4.8 yrs

J.P. Bilbrey

TITLE
Independent Director
COMPENSATION
$293K
AGE
61
TENURE
4.1 yrs

Steve Sadove

TITLE
Lead Director
COMPENSATION
$319K
AGE
66

Ellen Hancock

TITLE
Independent Director
COMPENSATION
$294K
AGE
75
TENURE
31.3 yrs

Lorrie Norrington

TITLE
Independent Director
COMPENSATION
$290K
AGE
58
TENURE
3.6 yrs

C. Harris

TITLE
Independent Director
COMPENSATION
$290K
AGE
62
TENURE
3.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Colgate-Palmolive's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Colgate-Palmolive has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products worldwide. The company operates through two segments, Oral, Personal and Home Care; and Pet Nutrition. It offers oral care products, including toothpastes, toothbrushes, and mouthwashes, as well as pharmaceutical products for dentists and other oral health professionals; and personal care products, such as liquid hand soaps, bar soaps, shower gels, deodorants and antiperspirants, skin care products, and shampoos and conditioners. The company also provides home care products comprising dishwashing detergents, household cleaners, and fabric conditioners; pet nutrition products for everyday nutritional needs; and a range of therapeutic products to manage disease conditions in dogs and cats. Its principal global and regional trademarks include Colgate, Palmolive, elmex, Tom’s of Maine, Sorriso, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sanex, Elta MD, PCA Skin, Ajax, Axion, Fabuloso, Soupline, and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. The company markets and sells its oral, personal, and home care products to various retailers, wholesalers, and distributors; and pet nutrition products for dogs and cats through pet supply retailers, veterinarians, and e-commerce retailers. Colgate-Palmolive Company was founded in 1806 and is headquartered in New York, New York.

Details
Name: Colgate-Palmolive Company
CPA
Exchange: DB
Founded: 1806
$53,021,091,489
859,810,500
Website: http://www.colgatepalmolive.com
Address: Colgate-Palmolive Company
300 Park Avenue,
New York,
New York, 10022,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE CL Common Stock New York Stock Exchange US USD 02. Jan 1968
DB CPA Common Stock Deutsche Boerse AG DE EUR 02. Jan 1968
XTRA CPA Common Stock XETRA Trading Platform DE EUR 02. Jan 1968
LSE 0P59 Common Stock London Stock Exchange GB USD 02. Jan 1968
SWX CL Common Stock SIX Swiss Exchange CH CHF 02. Jan 1968
WBAG COLG Common Stock Wiener Boerse AG AT EUR 02. Jan 1968
BMV CL * Common Stock Bolsa Mexicana de Valores MX MXN 02. Jan 1968
BOVESPA COLG34 BDR EACH REPR 1 COM USD1 Bolsa de Valores de Sao Paulo BR BRL 28. Sep 2011
Number of employees
Current staff
Staff numbers
34,500
Colgate-Palmolive employees.
Industry
Household Products
Household
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 20:36
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/18
Last earnings filing: 2019/02/21
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.