The Clorox Company (CLX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 43.08% | 42.68% | 42.56% | 40.59% | 39.91% | 38.43% | 36.83% | 36.06% | 36.37% | 36.16% | 38.10% | 41.20% | 44.02% | 46.46% | 47.22% | 47.05% | 46.08% | 45.59% | 44.71% | 44.42% |
| Operating profit margin | 23.84% | 22.37% | 15.87% | 13.54% | 14.37% | 13.54% | 19.56% | 19.37% | 20.48% | 24.68% | 21.69% | 24.66% | 27.71% | 30.55% | 35.30% | 35.38% | 34.14% | 32.97% | 32.58% | 32.40% |
| Pretax margin | 5.46% | 4.91% | 2.00% | 1.99% | 3.10% | 1.70% | 8.12% | 7.61% | 8.55% | 8.10% | 4.44% | 7.70% | 12.26% | 15.95% | 20.75% | 20.56% | 17.83% | 17.20% | 16.92% | 16.60% |
| 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% |
The profitability ratios of The Clorox Company have shown fluctuations over the past several quarters.
1. Gross Profit Margin: The company's gross profit margin has generally been in the range of 36% to 47% over the last few years, indicating the efficiency of the company in managing its production costs and generating revenue.
2. Operating Profit Margin: The operating profit margin has varied between 13% to 35%, with some quarters showing higher profitability than others. This ratio reflects the company's ability to control its operating expenses and generate profit from its core business activities.
3. Pretax Margin: The pretax margin has ranged from 1.99% to 20.75%, with significant fluctuations over time. This ratio indicates how well the company is managing its income before taxes and provides insight into its overall financial health.
4. Net Profit Margin: The net profit margin has shown fluctuations between 1.11% to 16.44%, reflecting the amount of profit the company retains after all expenses have been deducted. The varying margins suggest changes in factors such as expenses, revenues, and tax management.
Overall, while The Clorox Company has demonstrated profitability over the analyzed periods, there have been fluctuations in its profitability ratios that may require further investigation to understand the underlying factors driving these changes.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 29.33% | 27.32% | 19.31% | 15.67% | 17.61% | 16.43% | 22.51% | 21.83% | 23.27% | 27.48% | 24.56% | 28.13% | 31.80% | 35.32% | 38.37% | 36.85% | 36.52% | 35.45% | 36.16% | 36.67% |
| Return on assets (ROA) | 4.87% | 4.13% | 1.35% | 1.44% | 2.51% | 1.27% | 7.20% | 6.58% | 7.50% | 7.24% | 3.99% | 6.97% | 11.21% | 14.33% | 17.87% | 16.98% | 15.11% | 14.87% | 14.95% | 15.06% |
| Return on total capital | 16.95% | 17.04% | 9.32% | 9.30% | 11.72% | 9.12% | 23.88% | 22.53% | 23.23% | 29.03% | 18.60% | 28.85% | 34.20% | 39.89% | 44.83% | 39.78% | 34.82% | 39.59% | 39.54% | 39.20% |
| Return on equity (ROE) | 85.37% | 263.74% | 150.94% | — | 67.73% | 2,466.67% | 135.51% | 124.23% | 83.09% | 114.50% | 78.91% | 118.75% | 172.75% | 124.23% | 103.46% | 103.23% | 103.41% | 125.18% | 147.03% | 147.82% |
The profitability ratios of The Clorox Company show a fluctuating performance over the periods analyzed.
1. Operating Return on Assets (Operating ROA) has shown an increasing trend from 15.67% in September 2023 to 29.33% in June 2024. This indicates the company's ability to generate profits from its operational assets has significantly improved.
2. Return on Assets (ROA) has also shown an increasing trend, reaching 4.87% in June 2024 from 1.27% in March 2023. Although there are fluctuations, the company has been able to increase its profitability relative to its total assets.
3. Return on Total Capital has fluctuated over the periods, demonstrating variations in the company's ability to generate profits from both equity and debt capital employed. It peaked at 44.83% in March 2021, indicating high returns, but dropped to 9.12% in March 2023 before recovering to 16.95% in June 2024.
4. Return on Equity (ROE) has shown a significant increase from 2,466.67% in March 2023 to 85.37% in June 2024. This drastic fluctuation may be due to changes in the company's leverage or net income. However, the ROE has remained relatively high, indicating a strong return on shareholder equity.
Overall, while The Clorox Company has experienced some fluctuations in its profitability ratios, the upward trends in Operating ROA, ROA, and ROE suggest improved operational efficiency and profitability, which may be reflective of effective financial management strategies.