Colgate-Palmolive Company (CL)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	12,161,000	12,129,000	11,932,000	11,653,000	11,326,000	10,950,000	10,621,000	10,388,000	10,248,000	10,233,000	10,308,000	10,310,000	10,375,000	10,459,000	10,376,000	10,189,000	10,017,000	9,788,000	9,564,000	9,503,000
Revenue (ttm)	US$ in thousands	20,101,000	20,106,000	19,988,000	19,752,000	19,457,000	19,136,000	18,676,000	18,338,000	17,967,000	17,741,000	17,700,000	17,476,000	17,421,000	17,342,000	17,081,000	16,718,000	16,471,000	16,162,000	15,937,000	15,906,000
Gross profit margin		60.50%	60.33%	59.70%	59.00%	58.21%	57.22%	56.87%	56.65%	57.04%	57.68%	58.24%	59.00%	59.55%	60.31%	60.75%	60.95%	60.82%	60.56%	60.01%	59.74%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $12,161,000K ÷ $20,101,000K
= 60.50%

The gross profit margin of Colgate-Palmolive Company has shown some fluctuation over the past few years. Starting at 59.74% as of March 31, 2020, it experienced a gradual increase to reach its peak of 60.95% by March 31, 2021. However, from there, the gross profit margin started to decline, dropping to 57.04% by December 31, 2022.

Thereafter, the gross profit margin witnessed some fluctuations, with slight increases and decreases until December 31, 2024 when it stood at 60.50%. Overall, the company has maintained a relatively healthy gross profit margin throughout the period under review, indicating strong pricing power and effective cost management strategies. Investors and analysts may want to monitor future financial reports to assess whether the trend in the gross profit margin continues or if further fluctuations are expected.