The Clorox Company (CLX)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 810,000 | 694,000 | 457,000 | 357,000 | 280,000 | 240,000 | 82,000 | 88,000 | 151,000 | 76,000 | 435,000 | 405,000 | 462,000 | 458,000 | 247,000 | 437,000 | 710,000 | 923,000 | 1,225,000 | 1,151,000 |
| 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 |
| Net profit margin | 11.40% | 9.89% | 6.38% | 4.78% | 3.95% | 3.33% | 1.12% | 1.25% | 2.04% | 1.06% | 6.16% | 5.75% | 6.50% | 6.44% | 3.49% | 6.04% | 9.67% | 12.27% | 16.28% | 16.14% |
June 30, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $810,000K ÷ $7,104,000K
= 11.40%
The net profit margin of The Clorox Company has exhibited significant fluctuations over the analyzed period. Starting at 16.14% as of September 30, 2020, the margin saw a slight increase to 16.28% at the end of 2020, indicating relatively stable profitability during that period. However, a notable decline ensued through 2021, with the margin decreasing to 12.27% by March 31, 2021, and continuing a sharp downward trend to a low of 3.49% by December 31, 2021.
Throughout 2022, the net profit margin stabilized somewhat, fluctuating modestly around 5.75% to 6.50%, but remained well below the levels observed in 2020. The period from March 2023 to December 2023 reflects a further decrease, reaching as low as 1.12%, indicating a period of reduced profitability. Nonetheless, in 2024, the margin demonstrates an upward recovery trend, increasing from 3.33% at the beginning of the year to 6.38% by December 31, 2024.
Looking into the most recent data for 2025, a substantial improvement is observed, with margins rising from 9.89% at the end of March to 11.40% by June 30, 2025, approaching pre-2021 profit margin levels. This upward trajectory suggests a potential recovery in profitability, although the margin remains below the high levels recorded before the pandemic and initial economic disruptions.
Overall, the company's net profit margin experienced a sharp decline after 2020, reaching its lowest points in late 2021 and early 2023, followed by signs of gradual recovery in 2024 and mid-2025. These fluctuations may be reflective of operational challenges, market conditions, or strategic adjustments, warranting closer examination of underlying factors influencing profitability trends.