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Colgate-Palmolive Co (Colgate-Palmolive Co) EBIT : $3,679 Mil (TTM As of Dec. 2023)


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What is Colgate-Palmolive Co EBIT?

Colgate-Palmolive Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $767 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $3,679 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Colgate-Palmolive Co's annualized ROC % for the quarter that ended in Dec. 2023 was 32.25%. Colgate-Palmolive Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 68.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Colgate-Palmolive Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.52%.


Colgate-Palmolive Co EBIT Historical Data

The historical data trend for Colgate-Palmolive Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Colgate-Palmolive Co EBIT Chart

Colgate-Palmolive Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,493.00 3,830.00 3,204.00 2,827.00 3,679.00

Colgate-Palmolive Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 136.00 909.00 974.00 1,029.00 767.00

Competitive Comparison of Colgate-Palmolive Co's EBIT

For the Household & Personal Products subindustry, Colgate-Palmolive Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Colgate-Palmolive Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Colgate-Palmolive Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Colgate-Palmolive Co's EV-to-EBIT falls into.



Colgate-Palmolive Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,679 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Colgate-Palmolive Co  (NYSE:CL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Colgate-Palmolive Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=4692 * ( 1 - 23.08% )/( (10720 + 11661)/ 2 )
=3609.0864/11190.5
=32.25 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Colgate-Palmolive Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3068/( ( (4409 + max(-162, 0)) + (4582 + max(-3, 0)) )/ 2 )
=3068/( ( 4409 + 4582 )/ 2 )
=3068/4495.5
=68.25 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1577 + 1931 + 898) - (4568 + 0 + 0)
=-162

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1586 + 1934 + 793) - (4194 + 0 + 122)
=-3

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Colgate-Palmolive Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=3679/81468.493
=4.52 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Colgate-Palmolive Co EBIT Related Terms

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Colgate-Palmolive Co (Colgate-Palmolive Co) Business Description

Address
300 Park Avenue, New York, NY, USA, 10022-7499
Since its founding in 1806, Colgate-Palmolive has grown to become a leading global consumer product company. In addition to its namesake oralcare line, the firm manufactures shampoos, shower gels, deodorants, and homecare products that are sold in over 200 countries. International accounts for about 70% of its total sales base, including approximately 45% from emerging regions. It also owns specialty pet food maker Hill's, which sells its products through veterinarians and specialty pet retailers.
Executives
Jennifer Daniels officer: CLO and Secretary C/O BARNES & NOBLE, INC., 122 FIFTH AVENUE, NEW YORK NY 10011
Panagiotis Tsourapas officer: Pres., Colgate-Africa/Eurasia C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
John T Cahill director LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
John W Kooyman officer: Chief Marketing Officer 300 PARK AVENUE, NEW YORK NY 10022
Lorrie M Norrington director C/O EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Noel R. Wallace officer: Pres.- Colgate No. America C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Gregory Malcolm officer: Vice President and Controller 300 PARK AVENUE, NEW YORK NY 10022
Sally Massey officer: Chief Human Resources Officer 300 PARK AVENUE, NEW YORK NY 10022
John P Bilbrey director
Prabha Parameswaran officer: Grp Pres, Glbl Innov. & AF/Eus 300 PARK AVENUE, NEW YORK NY 10022
Stephen I Sadove director
C Martin Harris director
Steven A Cahillane director ONE COCA-COLA PLAZA, ATLANTA GA 30313
Philip G. Shotts officer: Vice President and Controller 300 PARK AVENUE, NEW YORK NY 10022
Patricia Verduin officer: Chief Technology Officer ONE CONAGRA DRIVE, OMAHA NE 68102