The Clorox Company manufactures and markets consumer and professional products worldwide.
Established dividend payer with proven track record.
Share Price & News
How has Clorox's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLX has not had significant price volatility in the past 3 months.
7 Day Return
US Household Products
1 Year Return
US Household Products
Return vs Industry: CLX exceeded the US Household Products industry which returned 10.9% over the past year.
Return vs Market: CLX exceeded the US Market which returned -10% over the past year.
Price Volatility Vs. Market
How volatile is Clorox's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StEstimating The Intrinsic Value Of The Clorox Company (NYSE:CLX)
2 weeks ago | Simply Wall StThe Clorox Company (NYSE:CLX) Earns Among The Best Returns In Its Industry
1 month ago | Simply Wall StWhat Kind Of Shareholders Own The Clorox Company (NYSE:CLX)?
Is Clorox undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CLX ($181.5) is trading above our estimate of fair value ($158.25)
Significantly Below Fair Value: CLX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CLX is poor value based on its PE Ratio (28.2x) compared to the Household Products industry average (27.8x).
PE vs Market: CLX is poor value based on its PE Ratio (28.2x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: CLX is poor value based on its PEG Ratio (6.8x)
Price to Book Ratio
PB vs Industry: CLX is overvalued based on its PB Ratio (40.9x) compared to the US Household Products industry average (2.7x).
How is Clorox forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLX's forecast earnings growth (4.1% per year) is above the savings rate (1.7%).
Earnings vs Market: CLX's earnings (4.1% per year) are forecast to grow slower than the US market (13.3% per year).
High Growth Earnings: CLX's earnings are forecast to grow, but not significantly.
Revenue vs Market: CLX's revenue (2.2% per year) is forecast to grow slower than the US market (7% per year).
High Growth Revenue: CLX's revenue (2.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CLX's Return on Equity is forecast to be very high in 3 years time (153.8%).
How has Clorox performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLX has high quality earnings.
Growing Profit Margin: CLX's current net profit margins (13.3%) are higher than last year (12.7%).
Past Earnings Growth Analysis
Earnings Trend: CLX's earnings have grown by 7.4% per year over the past 5 years.
Accelerating Growth: CLX's earnings growth over the past year (3.3%) is below its 5-year average (7.4% per year).
Earnings vs Industry: CLX earnings growth over the past year (3.3%) exceeded the Household Products industry -4.8%.
Return on Equity
High ROE: Whilst CLX's Return on Equity (147.03%) is outstanding, this metric is skewed due to their high level of debt.
How is Clorox's financial position?
Financial Position Analysis
Short Term Liabilities: CLX's short term assets ($1.3B) do not cover its short term liabilities ($1.5B).
Long Term Liabilities: CLX's short term assets ($1.3B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: CLX's debt to equity ratio (503.6%) is considered high.
Reducing Debt: CLX's debt to equity ratio has reduced from 948.1% to 503.6% over the past 5 years.
Debt Coverage: CLX's debt is well covered by operating cash flow (37.2%).
Interest Coverage: CLX's interest payments on its debt are well covered by EBIT (11.6x coverage).
What is Clorox's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CLX's dividend (2.34%) is higher than the bottom 25% of dividend payers in the US market (1.93%).
High Dividend: CLX's dividend (2.34%) is low compared to the top 25% of dividend payers in the US market (5.46%).
Stability and Growth of Payments
Stable Dividend: CLX's dividends per share have been stable in the past 10 years.
Growing Dividend: CLX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.2%), CLX's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CLX's dividends in 3 years are forecast to be covered by earnings (58.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Benno Dorer (55yo)
Mr. Benno O. Dorer has been the Chairman of The Clorox Company since August 15, 2016 and has been its Chief Executive Officer since November 20, 2014. Mr. Dorer served as an Executive Vice President and Ch ...
CEO Compensation Analysis
Compensation vs Market: Benno's total compensation ($USD9.36M) is about average for companies of similar size in the US market ($USD11.79M).
Compensation vs Earnings: Benno's compensation has been consistent with company performance over the past year.
|Chairman & CEO||5.42yrs||US$9.36m||0.084% $19.0m|
|Executive VP & CFO||2yrs||US$2.29m||0.0045% $1.0m|
|Executive Vice President of Cleaning||1.25yrs||US$2.16m||0.0055% $1.3m|
|Executive VP of Corporate Affairs & General Counsel||15.25yrs||US$2.97m||0.024% $5.4m|
|Executive Vice President of Household & Lifestyle||1.25yrs||US$1.72m||0.0095% $2.2m|
|VP, Chief Accounting Officer & Corporate Controller||3.25yrs||no data||0.0034% $769.7k|
|Vice President of Investor Relations||no data||no data||no data|
|Senior Vice President of Corporate & Business Development||4.25yrs||no data||0.0046% $1.0m|
|Senior VP & Chief Marketing Officer||1.25yrs||no data||0.00060% $136.2k|
|Executive VP & Chief People Officer||4.08yrs||no data||0.0035% $797.0k|
Experienced Management: CLX's management team is considered experienced (3.3 years average tenure).
|Chairman & CEO||5.42yrs||US$9.36m||0.084% $19.0m|
|Independent Director||4.75yrs||US$265.11k||0.00014% $31.8k|
|Independent Director||3.67yrs||US$252.50k||0.0013% $290.6k|
|Independent Director||21.25yrs||US$252.50k||0.0011% $240.7k|
|Independent Director||4.75yrs||US$252.50k||no data|
|Lead Director||3.67yrs||US$302.50k||0.0014% $322.4k|
|Independent Director||3.58yrs||US$252.50k||no data|
|Independent Director||6.67yrs||US$252.50k||no data|
|Independent Director||13.17yrs||US$267.50k||no data|
|Independent Director||3.17yrs||US$252.50k||no data|
Experienced Board: CLX's board of directors are considered experienced (4.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CLX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Clorox Company's company bio, employee growth, exchange listings and data sources
- Name: The Clorox Company
- Ticker: CLX
- Exchange: NYSE
- Founded: 1913
- Industry: Household Products
- Sector: Household
- Market Cap: US$22.706b
- Shares outstanding: 125.10m
- Website: https://www.thecloroxcompany.com
Number of Employees
- The Clorox Company
- 1221 Broadway
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CLX||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Aug 1968|
|CXX||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Aug 1968|
|0I0J||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Aug 1968|
|CXX||BRSE (Berne Stock Exchange)||Yes||Common Stock||CH||CHF||Aug 1968|
|CLX *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Aug 1968|
|CLXC34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REP 0.25 COM USD1.00||BR||BRL||May 2019|
The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Cleaning, Household, Lifestyle, and International. The company offers laundry additives, including bleach products under the Clorox brand, as well as Clorox 2 stain fighter and color booster; home care products primarily under the Clorox, Formula 409, Liquid-Plumr, Pine-Sol, S.O.S, and Tilex brands; naturally derived products under the Green Works brand; and professional cleaning, disinfecting, and food service products under the CloroxPro, Dispatch, Clorox Healthcare, Hidden Valley, and KC Masterpiece brands. It also provides charcoal products under the Kingsford and Match Light brands; bags, wraps, and containers under the Glad brand; cat litter products under the Fresh Step, Scoop Away, and Ever Clean brands; and digestive health products under the RenewLife brand. In addition, the company offers dressings and sauces primarily under the Hidden Valley, KC Masterpiece, Kingsford, and Soy Vay brands; water-filtration systems and filters under the Brita brand; natural personal care products under the Burt’s Bees brand; and dietary supplements under the Rainbow Light, Natural Vitality, and Neocell brands. Further, it markets its products under the PinoLuz, Ayudin, Limpido, Clorinda, Poett, Mistolin, Lestoil, Bon Bril, Agua Jane, and Chux brands. The company sells its products primarily through mass retailers, grocery outlets, warehouse clubs, dollar stores, home hardware centers, third-party and owned e-commerce channels, military stores, and distributors, as well as a direct sales force and medical supply distributors. The Clorox Company was founded in 1913 and is headquartered in Oakland, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/08 07:43|
|End of Day Share Price||2020/04/07 00:00|