The Clorox Company (CLX)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,673,000 | 1,032,000 | 1,433,000 | 1,681,000 | 1,929,000 |
| Revenue | US$ in thousands | 7,068,000 | 7,286,000 | 6,998,000 | 7,232,000 | 6,615,000 |
| Operating profit margin | 23.67% | 14.16% | 20.48% | 23.24% | 29.16% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,673,000K ÷ $7,068,000K
= 23.67%
The operating profit margin of The Clorox Company has shown fluctuations over the past five years. In the most recent fiscal year ending June 30, 2024, the operating profit margin stood at 23.67%, representing a significant increase compared to the previous year. However, it is important to note that the margin had declined from 2019 to 2020 before rebounding in 2021. This variability may indicate changes in the company's cost structure, pricing strategies, or operating efficiency. Further analysis is required to understand the factors driving these fluctuations in the operating profit margin of The Clorox Company.