Colgate-Palmolive Company (CL)

Operating 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
Operating income (ttm)	US$ in thousands	4,267,000	4,276,000	4,240,000	4,122,000	3,984,000	3,114,000	3,032,000	2,942,000	2,893,000	3,056,000	3,076,000	3,188,000	3,332,000	3,936,000	3,987,000	3,937,000	3,885,000	3,847,000	3,685,000	3,627,000
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
Operating profit margin		21.23%	21.27%	21.21%	20.87%	20.48%	16.27%	16.23%	16.04%	16.10%	17.23%	17.38%	18.24%	19.13%	22.70%	23.34%	23.55%	23.59%	23.80%	23.12%	22.80%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $4,267,000K ÷ $20,101,000K
= 21.23%

Colgate-Palmolive Company's operating profit margin has shown fluctuations over the observed period. Starting at a high of 22.80% in March 2020, the operating profit margin increased to its peak at 23.80% in September 2020. Subsequently, there was a slight decline before reaching a plateau around the range of 23% for the next few quarters. However, from December 2021 onwards, there was a noticeable decline in the operating profit margin, dropping to 16.10% by the end of December 2022.

The downward trend continued into the first half of 2023, with the lowest point recorded at 16.04% in March of that year. There was a slight recovery in the following quarters, with the operating profit margin rising to 21.27% by September 2024. By the end of December 2024, the operating profit margin stood at 21.23%.

Overall, despite the fluctuations and declines observed during the period, there was a general trend of recovery and improvement in the operating profit margin towards the end of the data timeline. It is important for Colgate-Palmolive Company to closely monitor and manage its operating expenses and revenue generation to sustain profitability levels and ensure long-term financial health.