The Clorox Company (CLX)
Gross profit margin
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,213,000 | 3,168,000 | 3,190,000 | 3,318,000 | 3,043,000 | 3,026,000 | 3,060,000 | 2,814,000 | 2,908,000 | 2,714,000 | 2,563,000 | 2,501,000 | 2,545,000 | 2,545,000 | 2,670,000 | 2,949,000 | 3,199,000 | 3,460,000 | 3,518,000 | 3,320,000 |
| Revenue (ttm) | US$ in thousands | 7,104,000 | 7,019,000 | 7,165,000 | 7,469,000 | 7,093,000 | 7,209,000 | 7,310,000 | 7,035,000 | 7,389,000 | 7,171,000 | 7,065,000 | 7,041,000 | 7,107,000 | 7,108,000 | 7,080,000 | 7,231,000 | 7,341,000 | 7,522,000 | 7,524,000 | 7,131,000 |
| Gross profit margin | 45.23% | 45.13% | 44.52% | 44.42% | 42.90% | 41.98% | 41.86% | 40.00% | 39.36% | 37.85% | 36.28% | 35.52% | 35.81% | 35.80% | 37.71% | 40.78% | 43.58% | 46.00% | 46.76% | 46.56% |
June 30, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,213,000K ÷ $7,104,000K
= 45.23%
The gross profit margin of The Clorox Company exhibits notable fluctuations over the analyzed period. Starting at approximately 46.56% on September 30, 2020, the margin showed a gradual decline with some periods of stability, reaching a low of around 35.52% by September 30, 2022. The decline between 2020 and 2022 reflects a contraction in gross profit relative to sales, potentially attributable to increased cost of goods sold, pricing pressures, or changes in product mix.
From late 2022 onward, a discernible upward trend emerged, with the gross profit margin rising steadily. By December 31, 2022, it increased to 36.28%, and subsequent periods saw continued improvement, reaching approximately 44.42% by September 30, 2024. This upward trend suggests improved gross profitability, likely driven by better cost management, product profitability enhancements, or pricing strategies.
Overall, the gross profit margin's trajectory indicates initial compression followed by significant recovery and growth in profitability margins, reflecting a positive shift in the company's ability to generate gross profit relative to sales in recent periods.