The Clorox Company (CLX)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 280,000 | 149,000 | 462,000 | 710,000 | 939,000 |
| Revenue | US$ in thousands | 7,068,000 | 7,286,000 | 6,998,000 | 7,232,000 | 6,615,000 |
| Net profit margin | 3.96% | 2.05% | 6.60% | 9.82% | 14.20% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $280,000K ÷ $7,068,000K
= 3.96%
The net profit margin of The Clorox Company has shown a declining trend over the past five years, decreasing from 14.20% in 2020 to 3.96% in 2024. This indicates that the company's profitability in relation to its revenue has been gradually decreasing. A lower net profit margin could suggest that The Clorox Company is facing challenges in managing its costs and expenses relative to its revenue generation. It is important for the company to closely monitor its cost structure and operational efficiency to improve its profitability in the future.