The Clorox Company (CLX)
Pretax margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,078,000 | 398,000 | 238,000 | 607,000 | 900,000 |
| Revenue | US$ in thousands | 7,104,000 | 7,093,000 | 7,389,000 | 7,107,000 | 7,341,000 |
| Pretax margin | 15.17% | 5.61% | 3.22% | 8.54% | 12.26% |
June 30, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $1,078,000K ÷ $7,104,000K
= 15.17%
The pretax margin of The Clorox Company has exhibited notable fluctuations over the period from June 30, 2021, to June 30, 2025. In the fiscal year ending June 30, 2021, the pretax margin stood at 12.26%. This figure experienced a decline in the subsequent year, decreasing to 8.54% as of June 30, 2022. The downward trend continued into June 30, 2023, with the pretax margin contracting further to 3.22%, indicating a significant deterioration in pre-tax profitability during that period.
However, the margin showed signs of recovery in the fiscal year ending June 30, 2024, rising to 5.61%, though it remained well below the levels observed in 2021 and 2022. This modest rebound suggests some improvement in operating efficiency or cost management, but the pretax margin was still relatively low. The most substantial recovery appears to occur by June 30, 2025, when the pretax margin is projected to reach 15.17%. This level surpasses the margins registered in the previous years, indicating a significant enhancement in profitability before taxes and possibly reflecting favorable operational conditions or strategic improvements.
Overall, the data reflect a period of considerable volatility in Clorox's pretax margins, with a marked decline from mid-2021 to mid-2023, followed by a gradual recovery culminating in a substantial increase in 2025.