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Church & Dwight Co (Church & Dwight Co) Gross Margin % : 44.59% (As of Dec. 2023)


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What is Church & Dwight Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Church & Dwight Co's Gross Profit for the three months ended in Dec. 2023 was $681 Mil. Church & Dwight Co's Revenue for the three months ended in Dec. 2023 was $1,528 Mil. Therefore, Church & Dwight Co's Gross Margin % for the quarter that ended in Dec. 2023 was 44.59%.


The historical rank and industry rank for Church & Dwight Co's Gross Margin % or its related term are showing as below:

CHD' s Gross Margin % Range Over the Past 10 Years
Min: 41.86   Med: 44.47   Max: 45.8
Current: 44.11


During the past 13 years, the highest Gross Margin % of Church & Dwight Co was 45.80%. The lowest was 41.86%. And the median was 44.47%.

CHD's Gross Margin % is ranked better than
80.87% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 25.04 vs CHD: 44.11

Church & Dwight Co had a gross margin of 44.59% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Church & Dwight Co was -0.90% per year.


Church & Dwight Co Gross Margin % Historical Data

The historical data trend for Church & Dwight Co's Gross Margin % 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.

Church & Dwight Co Gross Margin % Chart

Church & Dwight Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.53 45.23 43.61 41.86 44.11

Church & Dwight Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 41.96 43.50 43.93 44.39 44.59

Competitive Comparison of Church & Dwight Co's Gross Margin %

For the Household & Personal Products subindustry, Church & Dwight Co's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Church & Dwight Co's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Church & Dwight Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Church & Dwight Co's Gross Margin % falls into.



Church & Dwight Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Church & Dwight Co's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=2588.5 / 5867.9
=(Revenue - Cost of Goods Sold) / Revenue
=(5867.9 - 3279.4) / 5867.9
=44.11 %

Church & Dwight Co's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=681.3 / 1528
=(Revenue - Cost of Goods Sold) / Revenue
=(1528 - 846.7) / 1528
=44.59 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Church & Dwight Co  (NYSE:CHD) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Church & Dwight Co had a gross margin of 44.59% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Church & Dwight Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Church & Dwight Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Church & Dwight Co (Church & Dwight Co) Business Description

Traded in Other Exchanges
Address
500 Charles Ewing Boulevard, Ewing, NJ, USA, 08628
Church & Dwight is the leading global producer of baking soda. Beyond baking soda, the products in its portfolio have vast category reach, including laundry products, cat litter, oral care, deodorant, and nasal care, all sold under the Arm & Hammer brand. Its mix also includes Xtra, Trojan, OxiClean, First Response, Nair, L'il Critters/Vitafusion, Orajel, and WaterPik, which together with Arm & Hammer constitute more than 80% of its annual sales and profits. In early 2019, the firm announced the addition of Flawless, which manufactures electric shaving products for women. At the end of 2020, the firm acquired Zicam, a leading brand in the cough/cold-shortening category. Church & Dwight derives more than 80% of its sales from its home market in the U.S.
Executives
Michael Read officer: EVP, International 500 CHARLES EWING BLVD, EWING NJ 08628
Matthew Farrell officer: Vice President Finance and CFO
Richard A Dierker officer: E.V.P. Finance & C.F.O. 500 CHARLES EWING BLVD, EWING NJ 08628
Rene Hemsey officer: E.V.P. HR 500 CHARLES EWING BLVD, EWING NJ 08628
Bradley C Irwin director 469 NORTH HARRISON STREET, PRINCETON NJ 08543
De Maynadier Patrick D officer: EVP, Gen. Counsel & Secretary
Carlen Hooker officer: EVP, Chief Commercial Officer 500 CHARLES EWING BLVD, EWING NJ 08628
Ravichandra Krishnamurty Saligram director C/O NEWELL BRANDS INC., 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Paul Richard Wood officer: EVP, Sales 500 CHARLES EWING BLVD, EWING NJ 08628
Brian D Buchert officer: EVP of Strategy, M&A, and BP 500 CHARLES EWING BLVD, EWING NJ 08628
Barry A. Bruno officer: EVP, International 500 CHARLES EWING BLVD, EWING NJ 08628
James Craigie director, officer: President, Chief Executive Off 500 CHARLES EWING BLVD, EWING NJ 08628
Arthur B Winkleblack director
Brad Cashaw director 2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Robert K Shearer director 400 NORTH ELM STREET, GREENSBORO NC 27403

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