The Clorox Company (CLX)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 280,000 | 240,000 | 80,000 | 86,000 | 149,000 | 74,000 | 435,000 | 405,000 | 462,000 | 458,000 | 247,000 | 437,000 | 710,000 | 923,000 | 1,225,000 | 1,151,000 | 939,000 | 870,000 | 816,000 | 813,000 |
| Revenue (ttm) | US$ in thousands | 7,076,000 | 7,090,000 | 7,190,000 | 6,933,000 | 7,286,000 | 7,062,000 | 6,959,000 | 6,935,000 | 6,998,000 | 7,039,000 | 7,007,000 | 7,157,000 | 7,267,000 | 7,448,000 | 7,451,000 | 7,057,000 | 6,647,000 | 6,291,000 | 6,059,000 | 6,108,000 |
| Net profit margin | 3.96% | 3.39% | 1.11% | 1.24% | 2.05% | 1.05% | 6.25% | 5.84% | 6.60% | 6.51% | 3.53% | 6.11% | 9.77% | 12.39% | 16.44% | 16.31% | 14.13% | 13.83% | 13.47% | 13.31% |
June 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $280,000K ÷ $7,076,000K
= 3.96%
The net profit margin of The Clorox Company has fluctuated over the past few quarters. In the latest quarter ending June 30, 2024, the net profit margin was 3.96%, showing a slight improvement from the previous quarter's 3.39%. However, this is still lower compared to the margins seen in the same period last year.
Looking at historical trends, the net profit margins have varied significantly, with peaks in the range of 12-16% in the fiscal year 2021 but declining to single-digit percentages in the more recent quarters.
A lower net profit margin could indicate increasing costs or declining sales relative to revenue. In contrast, a higher net profit margin typically reflects better cost management and higher efficiency in generating profits.
It would be important to further analyze the underlying factors driving these changes in net profit margins to assess the company's overall financial performance and sustainability in the long term.