Colgate-Palmolive Company (CL)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	2,300,000	1,587,000	1,497,000	1,598,000	1,785,000	1,928,000	1,944,000	2,044,000	2,166,000	2,665,000	2,729,000	2,661,000	2,695,000	2,691,000	2,571,000	2,522,000	2,367,000	2,330,000	2,275,000	2,326,000
Revenue (ttm)	US$ in thousands	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	15,693,000	15,489,000	15,406,000	15,426,000
Net profit margin		11.82%	8.29%	8.02%	8.71%	9.93%	10.87%	10.98%	11.70%	12.43%	15.37%	15.98%	15.92%	16.36%	16.65%	16.13%	15.86%	15.08%	15.04%	14.77%	15.08%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,300,000K ÷ $19,457,000K
= 11.82%

Colgate-Palmolive Co.'s net profit margin has shown some fluctuations over the past eight quarters. In Q4 2023, the net profit margin was recorded at 11.82%, representing the highest margin during this period. This increase from the previous quarter's 8.29% suggests an improvement in profitability.

Although Q3 2022 also experienced a decline in profitability, it remained relatively stable above 10% in the subsequent quarters. However, the downward trend in the last three quarters indicates a need for monitoring to identify any potential concerns impacting profitability.

Overall, Colgate-Palmolive Co. has maintained a healthy net profit margin above 8% throughout the period analyzed, indicating efficient cost management and profitability, with the recent improvement in Q4 2023 being particularly noteworthy.