Cash flow Church & Dwight Co., Inc.

Equities

CHD

US1713401024

Household Products

Market Closed - Nyse Other stock markets 04:00:02 2025-12-15 pm EST			5-day change	1st Jan Change
85.01 ^USD	+0.47%		+4.18%	-18.81%

Dec. 10	Deutsche Bank Adjusts Church & Dwight Price Target to $100 From $102, Maintains Buy Rating	MT
Dec. 10	RBC Trims Price Target on Church & Dwight to $100 From $102, Keeps Buy Rating	MT

231e822e17c6b.LCpbZnbzk-oKi3tj-vdd3hT0NlhirAobFbbVp639oY8.Q21sCjuG2o5f0j1al49qqHqFQSAY6GNeeOyn9_SQmNZ0ByITFJzXiHK9Og

Published financial data: CHURCH & DWIGHT CO., INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	4.9B	5.19B	5.38B	5.87B	6.11B
Total Revenues	4.9B	5.19B	5.38B	5.87B	6.11B
Cost of Goods Sold, Total	2.68B	2.93B	3.13B	3.28B	3.32B
Gross Profit	2.21B	2.26B	2.25B	2.59B	2.79B
Selling General & Admin Expenses, Total	1.28B	1.28B	1.24B	1.53B	1.63B
Other Operating Expenses, Total	1.28B	1.28B	1.24B	1.53B	1.63B
Operating Income	936M	981M	1.01B	1.06B	1.16B
Interest Expense, Total	-61M	-54.5M	-89.6M	-111M	-95M
Interest And Investment Income	500K	-	3.8M	-	26.3M
Net Interest Expenses	-60.5M	-54.5M	-85.8M	-111M	-68.7M
Income (Loss) On Equity Invest.	6.7M	9.4M	12.3M	8.7M	9.1M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-2.1M	-2.3M	-1M	12.2M	8.8M
EBT, Excl. Unusual Items	880M	934M	934M	967M	1.11B
Asset Writedown	-	-	-411M	-	-357M
Other Unusual Items	94M	98M	-	-	-
EBT, Incl. Unusual Items	974M	1.03B	523M	967M	756M
Income Tax Expense	188M	204M	109M	212M	171M
Earnings From Continuing Operations	786M	828M	414M	756M	585M
Net Income to Company	786M	828M	414M	756M	585M
Net Income - (IS)	786M	828M	414M	756M	585M
Net Income to Common Incl Extra Items	786M	828M	414M	756M	585M
Net Income to Common Excl. Extra Items	786M	828M	414M	756M	585M
Per Share Items
Net EPS - Basic	3.18	3.38	1.7	3.09	2.39
Basic EPS - Continuing Operations	3.18	3.38	1.7	3.09	2.39
Basic Weighted Average Shares Outstanding	247M	245M	243M	245M	244M
Net EPS - Diluted	3.12	3.32	1.68	3.05	2.37
Diluted EPS - Continuing Operations	3.12	3.32	1.68	3.05	2.37
Diluted Weighted Average Shares Outstanding	252M	250M	246M	248M	247M
Normalized Basic EPS	2.23	2.38	2.4	2.47	2.85
Normalized Diluted EPS	2.18	2.34	2.37	2.44	2.82
Dividend Per Share	0.96	1.01	1.05	1.09	1.14
Payout Ratio	30.19	29.91	61.61	35.27	47.33
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	1.11B	1.17B	1.2B	1.26B	1.37B
EBITA	1.04B	1.11B	1.14B	1.19B	1.29B
EBIT	936M	981M	1.01B	1.06B	1.16B
EBITDAR	1.13B	1.21B	1.23B	1.29B	1.41B
Effective Tax Rate - (Ratio)	19.3	19.79	20.91	21.89	22.61
Current Domestic Taxes	146M	165M	207M	200M	226M
Current Foreign Taxes	15.9M	19.2M	20.3M	25.6M	26.9M
Total Current Taxes	162M	184M	227M	226M	253M
Deferred Domestic Taxes	27.1M	21M	-117M	-14.1M	-80.2M
Deferred Foreign Taxes	-1.4M	-700K	-600K	300K	-1.8M
Total Deferred Taxes	25.7M	20.3M	-118M	-13.8M	-82M
Normalized Net Income	550M	584M	584M	605M	696M
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	-	-	-	-	-
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Marketing Expenses	591M	578M	535M	641M	698M
Selling and Marketing Expenses	591M	578M	535M	641M	698M
Research And Development Expense From Footnotes	103M	105M	110M	122M	140M
Net Rental Expense, Total	27.7M	32.7M	31M	31.7M	40.2M
Imputed Operating Lease Interest Expense	5.79M	5.56M	7.9M	10.32M	12.19M
Imputed Operating Lease Depreciation	21.91M	27.14M	23.1M	21.38M	28.01M
Stock-Based Comp., COGS (Total)	3.6M	3.3M	2.5M	3.4M	3.9M
Stock-Based Comp., SG&A Exp. (Total)	21M	22.3M	30.1M	61.5M	56.2M
Total Stock-Based Compensation	24.6M	25.6M	32.6M	64.9M	60.1M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	183M	241M	270M	344M	964M
Total Cash And Short Term Investments	183M	241M	270M	344M	964M
Accounts Receivable, Total	399M	406M	422M	527M	601M
Total Receivables	399M	406M	422M	527M	601M
Inventory	495M	535M	647M	613M	613M
Other Current Assets, Total	35.1M	51.9M	57M	45M	62.4M
Total Current Assets	1.11B	1.23B	1.4B	1.53B	2.24B
Gross Property Plant And Equipment	1.54B	1.61B	1.76B	2B	2.03B
Accumulated Depreciation	-749M	-800M	-840M	-890M	-920M
Net Property Plant And Equipment	794M	812M	924M	1.11B	1.11B
Long-term Investments	9.1M	9.1M	12.7M	12M	11.1M
Goodwill	2.23B	2.27B	2.43B	2.43B	2.43B
Other Intangibles, Total	3.11B	3.49B	3.43B	3.3B	2.89B
Other Long-Term Assets, Total	159M	173M	155M	180M	196M
Total Assets	7.41B	8B	8.35B	8.57B	8.88B
Liabilities
Accounts Payable, Total	588M	664M	667M	631M	705M
Accrued Expenses, Total	411M	390M	414M	556M	573M
Short-term Borrowings	351M	253M	74M	3.9M	-
Current Portion of Long-Term Debt	-	741M	-	200M	-
Current Portion of Leases	25M	24.4M	21.9M	24.7M	32.4M
Current Income Taxes Payable	12.7M	3.3M	7M	7.2M	5.3M
Total Current Liabilities	1.39B	2.08B	1.18B	1.42B	1.32B
Long-Term Debt	1.87B	1.61B	2.6B	2.2B	2.2B
Long-Term Leases	168M	147M	152M	175M	168M
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non Current	707M	745M	757M	743M	669M
Other Non Current Liabilities	260M	186M	164M	172M	164M
Total Liabilities	4.39B	4.76B	4.86B	4.71B	4.52B
Common Stock, Total	293M	293M	294M	294M	294M
Additional Paid In Capital	274M	310M	366M	455M	563M
Retained Earnings	4.79B	5.37B	5.52B	6.01B	6.32B
Treasury Stock	-2.26B	-2.67B	-2.67B	-2.88B	-2.78B
Comprehensive Income and Other	-77.6M	-68.2M	-29.3M	-27.2M	-30.9M
Total Common Equity	3.02B	3.23B	3.49B	3.86B	4.36B
Total Equity	3.02B	3.23B	3.49B	3.86B	4.36B
Total Liabilities And Equity	7.41B	8B	8.35B	8.57B	8.88B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	245M	243M	244M	244M	246M
ECS Total Common Shares Outstanding	245M	243M	244M	243M	246M
Book Value / Share	12.31	13.33	14.31	15.86	17.74
Tangible Book Value	-2.32B	-2.54B	-2.37B	-1.88B	-961M
Tangible Book Value Per Share	-9.45	-10.45	-9.71	-7.73	-3.91
Total Debt	2.41B	2.78B	2.85B	2.61B	2.41B
Net Debt	2.23B	2.53B	2.58B	2.26B	1.44B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	-	-
Debt Equivalent Oper. Leases	222M	262M	248M	254M	322M
Equity Method Investments, Total	9.1M	9.1M	12.7M	12M	11.1M
Account Code - Inventory Valuation	5	3	3	3	3
LIFO Reserve, Total	-	-	-	-	-
Inventories - Raw Materials, Total	113M	116M	150M	138M	140M
Inventories - Work In Process, Total	33M	40M	46.8M	40.2M	45.4M
Inventories - Finished Goods, Total	350M	379M	450M	436M	428M
Land - (BS)	28.3M	28.3M	28.1M	28.3M	29.2M
Buildings, Total	265M	291M	299M	318M	348M
Machinery, Total	878M	922M	953M	1B	1.13B
Full Time Employees	5.1K	5.1K	5.25K	5.55K	5.75K
Accumulated Allowance for Doubtful Accounts (Supple)	3.7M	5.5M	3.5M	7.3M	5.1M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	786M	828M	414M	756M	585M
Depreciation & Amortization - CF	86.3M	93.8M	91M	97.1M	114M
Amortization of Goodwill and Intangible Assets - (CF)	103M	125M	128M	128M	125M
Depreciation & Amortization, Total	190M	219M	219M	225M	239M
(Gain) Loss From Sale Of Asset	-3M	-	-	-	-
Asset Writedown & Restructuring Costs	1.9M	14.9M	413M	8.9M	369M
(Income) Loss On Equity Investments - (CF)	700K	0	-3.6M	800K	-200K
Stock-Based Compensation (CF)	21.5M	23.7M	32.3M	63.6M	59.2M
Other Operating Activities, Total	-65.7M	-74.1M	-121M	-14.2M	-88.2M
Change In Accounts Receivable	-13.4M	2.4M	-5.3M	-97.4M	-81.5M
Change In Inventories	-61.9M	-29.1M	-92.8M	38.5M	2M
Change In Accounts Payable	168M	47.5M	39.9M	55.2M	98.6M
Change In Income Taxes	12.2M	-16M	14.4M	-1.8M	-7.1M
Change in Other Net Operating Assets	-45.6M	-22.1M	-25.1M	-3.8M	-20.2M
Cash from Operations	990M	994M	885M	1.03B	1.16B
Capital Expenditure	-98.9M	-119M	-179M	-224M	-180M
Sale of Property, Plant, and Equipment	7M	-	-	-	-
Cash Acquisitions	-513M	-556M	-547M	-	-19.9M
Divestitures	-	-	-	-	6.6M
Other Investing Activities, Total	-3.5M	-7.2M	-3M	-10.8M	9.8M
Cash from Investing	-608M	-682M	-729M	-234M	-183M
Short Term Debt Issued, Total	99M	-	-	-	-
Long-Term Debt Issued, Total	-	799M	999M	-	-
Total Debt Issued	99M	799M	999M	-	-
Short Term Debt Repaid, Total	-	-98.5M	-179M	-70.6M	-3.6M
Long-Term Debt Repaid, Total	-	-300M	-700M	-200M	-205M
Total Debt Repaid	-	-398M	-879M	-271M	-208M
Issuance of Common Stock	93M	98.7M	26.2M	112M	143M
Repurchase of Common Stock	-300M	-500M	-	-300M	-
Common Dividends Paid	-237M	-248M	-255M	-266M	-277M
Common & Preferred Stock Dividends Paid	-237M	-248M	-255M	-266M	-277M
Other Financing Activities, Total	-14.8M	-4M	-12M	-100K	-1.1M
Cash from Financing	-360M	-252M	-121M	-726M	-343M
Foreign Exchange Rate Adjustments	5.3M	-2.2M	-6M	3.5M	-9.9M
Net Change in Cash	27.4M	57.5M	29.7M	74.2M	620M
Supplemental Items
Cash Interest Paid	58.8M	51.8M	86M	112M	94.4M
Cash Income Tax Paid (Refund)	162M	203M	213M	228M	260M
Levered Free Cash Flow	723M	686M	545M	704M	786M
Unlevered Free Cash Flow	761M	720M	601M	773M	846M
Change In Net Working Capital	-60.6M	18.7M	102M	-46M	1.3M
Net Debt Issued / Repaid	99M	401M	120M	-271M	-208M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	8.31	7.96	7.72	7.81	8.34
Return on Total Capital	11.29	10.77	10.21	10.33	11
Return On Equity %	27.63	26.46	12.31	20.57	14.25
Return on Common Equity	27.63	26.46	12.31	20.57	14.25
Margin Analysis
Gross Profit Margin %	45.23	43.61	41.86	44.11	45.69
SG&A Margin	26.11	24.71	23.09	26.09	26.62
EBITDA Margin %	22.58	22.64	22.39	21.44	22.47
EBITA Margin %	21.22	21.32	21.15	20.2	21.11
EBIT Margin %	19.11	18.9	18.77	18.02	19.06
Income From Continuing Operations Margin %	16.05	15.94	7.7	12.88	9.58
Net Income Margin %	16.05	15.94	7.7	12.88	9.58
Net Avail. For Common Margin %	16.05	15.94	7.7	12.88	9.58
Normalized Net Income Margin	11.23	11.24	10.86	10.3	11.39
Levered Free Cash Flow Margin	14.76	13.22	10.15	12	12.88
Unlevered Free Cash Flow Margin	15.54	13.88	11.19	13.18	13.85
Asset Turnover
Asset Turnover	0.7	0.67	0.66	0.69	0.7
Fixed Assets Turnover	6.45	6.46	6.19	5.76	5.48
Receivables Turnover (Average Receivables)	12.97	12.91	12.99	12.37	10.83
Inventory Turnover (Average Inventory)	5.88	5.68	5.29	5.21	5.41
Short Term Liquidity
Current Ratio	0.8	0.59	1.18	1.08	1.7
Quick Ratio	0.42	0.31	0.58	0.61	1.19
Operating Cash Flow to Current Liabilities	0.71	0.48	0.75	0.72	0.88
Days Sales Outstanding (Average Receivables)	28.23	28.28	28.09	29.51	33.79
Days Outstanding Inventory (Average Inventory)	62.29	64.28	69.02	70.11	67.67
Average Days Payable Outstanding	70.39	77.01	75.02	72.94	73.69
Cash Conversion Cycle (Average Days)	20.13	15.55	22.09	26.69	27.77
Long Term Solvency
Total Debt/Equity	79.93	85.84	81.59	67.58	55.16
Total Debt / Total Capital	44.42	46.19	44.93	40.33	35.55
LT Debt/Equity	67.47	54.35	78.84	61.66	54.42
Long-Term Debt / Total Capital	37.5	29.25	43.42	36.79	35.07
Total Liabilities / Total Assets	59.26	59.57	58.18	55.01	50.91
EBIT / Interest Expense	15.34	18	11.26	9.53	12.25
EBITDA / Interest Expense	18.57	22.16	13.78	11.63	14.87
(EBITDA - Capex) / Interest Expense	16.95	19.98	11.79	9.62	12.98
Total Debt / EBITDA	2.13	2.3	2.31	2.02	1.7
Net Debt / EBITDA	1.97	2.1	2.09	1.75	1.02
Total Debt / (EBITDA - Capex)	2.33	2.55	2.7	2.44	1.95
Net Debt / (EBITDA - Capex)	2.16	2.33	2.44	2.12	1.17
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	12.35	6.01	3.57	9.16	4.08
Gross Profit, 1 Yr. Growth %	11.6	2.23	-0.6	15.04	7.79
EBITDA, 1 Yr. Growth %	10.54	6.29	1.49	4.53	9.07
EBITA, 1 Yr. Growth %	11	6.48	1.71	4.28	8.75
EBIT, 1 Yr. Growth %	11.21	4.85	1.65	4.82	10.1
Earnings From Cont. Operations, 1 Yr. Growth %	27.6	5.29	-49.98	82.56	-22.54
Net Income, 1 Yr. Growth %	27.6	5.29	-49.98	82.56	-22.54
Normalized Net Income, 1 Yr. Growth %	13.54	6.13	-1.13	3.54	15.09
Diluted EPS Before Extra, 1 Yr. Growth %	27.87	6.41	-49.4	81.55	-22.3
Accounts Receivable, 1 Yr. Growth %	11.9	1.68	4.07	24.86	14.03
Inventory, 1 Yr. Growth %	18.69	8.07	20.77	-5.15	0
Net Property, Plant and Equip., 1 Yr. Growth %	9.77	2.23	13.74	20.57	0.03
Total Assets, 1 Yr. Growth %	11.37	7.85	4.37	2.68	3.66
Tangible Book Value, 1 Yr. Growth %	7.3	9.32	-6.59	-20.69	-48.84
Common Equity, 1 Yr. Growth %	13.22	7.05	7.94	10.47	13.11
Cash From Operations, 1 Yr. Growth %	14.55	0.35	-10.93	16.43	12.19
Capital Expenditures, 1 Yr. Growth %	34.19	20.12	50.5	25	-19.55
Levered Free Cash Flow, 1 Yr. Growth %	9.37	-5.03	-21.34	29.11	11.67
Unlevered Free Cash Flow, 1 Yr. Growth %	7.65	-5.31	-17.33	28.61	9.34
Dividend Per Share, 1 Yr. Growth %	5.49	5.21	3.96	3.81	4.13
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	8.67	9.13	4.79	6.33	6.59
Gross Profit, 2 Yr. CAGR %	9.67	6.81	0.81	6.94	11.36
EBITDA, 2 Yr. CAGR %	9.29	8.39	4.36	3	6.77
EBITA, 2 Yr. CAGR %	9.86	8.72	4.6	2.99	6.49
EBIT, 2 Yr. CAGR %	9.23	7.98	3.83	3.22	7.43
Earnings From Cont. Operations, 2 Yr. CAGR %	17.57	15.91	-27.43	-4.44	18.92
Net Income, 2 Yr. CAGR %	17.57	15.91	-27.43	-4.44	18.92
Normalized Net Income, 2 Yr. CAGR %	11.16	9.77	3.05	1.18	9.16
Diluted EPS Before Extra, 2 Yr. CAGR %	17.24	16.65	-26.62	-4.15	18.77
Accounts Receivable, 2 Yr. CAGR %	7.47	6.67	2.87	13.99	19.32
Inventory, 2 Yr. CAGR %	13.76	13.26	14.25	7.03	-2.61
Net Property, Plant and Equip., 2 Yr. CAGR %	15.24	5.93	7.83	17.11	9.82
Total Assets, 2 Yr. CAGR %	10.53	9.6	6.09	3.52	3.17
Tangible Book Value, 2 Yr. CAGR %	13.1	8.3	1.05	-13.93	-36.31
Common Equity, 2 Yr. CAGR %	10.95	10.09	7.49	9.2	11.78
Cash From Operations, 2 Yr. CAGR %	13.88	7.22	-5.46	1.83	14.29
Capital Expenditures, 2 Yr. CAGR %	27.96	26.96	34.46	37.16	0.28
Levered Free Cash Flow, 2 Yr. CAGR %	12.62	1.92	-13.13	0.77	20.07
Unlevered Free Cash Flow, 2 Yr. CAGR %	10.83	0.96	-11.09	3.11	18.59
Dividend Per Share, 2 Yr. CAGR %	5.05	5.35	4.58	3.88	3.97
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	9.04	7.78	7.25	6.22	5.57
Gross Profit, 3 Yr. CAGR %	8.58	7.13	4.28	5.34	7.22
EBITDA, 3 Yr. CAGR %	6.98	8.28	6.38	4.42	4.98
EBITA, 3 Yr. CAGR %	7.27	8.72	6.69	4.49	4.87
EBIT, 3 Yr. CAGR %	6.38	7.75	6.24	4.16	5.47
Earnings From Cont. Operations, 3 Yr. CAGR %	1.87	13.32	-12.41	-1.3	-10.9
Net Income, 3 Yr. CAGR %	1.87	13.32	-12.41	-1.3	-10.9
Normalized Net Income, 3 Yr. CAGR %	6.07	9.46	6.43	3.21	5.62
Diluted EPS Before Extra, 3 Yr. CAGR %	2.47	13.51	-11.7	-0.75	-10.63
Accounts Receivable, 3 Yr. CAGR %	4.86	5.5	5.79	9.73	14
Inventory, 3 Yr. CAGR %	14.42	11.83	15.71	7.38	4.63
Net Property, Plant and Equip., 3 Yr. CAGR %	9.34	10.73	8.47	11.92	11.11
Total Assets, 3 Yr. CAGR %	7.22	9.63	7.82	4.94	3.57
Tangible Book Value, 3 Yr. CAGR %	4.01	11.83	3.09	-6.79	-27.63
Common Equity, 3 Yr. CAGR %	10.84	9.63	9.37	8.48	10.49
Cash From Operations, 3 Yr. CAGR %	13.27	9.18	0.79	1.34	5.17
Capital Expenditures, 3 Yr. CAGR %	30.02	25.29	34.37	31.23	14.81
Levered Free Cash Flow, 3 Yr. CAGR %	13.97	6.4	-6.2	-0.86	4.28
Unlevered Free Cash Flow, 3 Yr. CAGR %	13.45	5.16	-5.24	0.55	5.15
Dividend Per Share, 3 Yr. CAGR %	8.1	5.1	4.89	4.32	3.97
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	7.6	8.24	7.32	7.19	6.98
Gross Profit, 5 Yr. CAGR %	7.93	7.24	5.4	7.06	7.06
EBITDA, 5 Yr. CAGR %	7.35	7.02	5.93	6.34	6.54
EBITA, 5 Yr. CAGR %	7.71	7.32	6.19	6.61	6.61
EBIT, 5 Yr. CAGR %	6.78	6.12	5.35	6.16	6.71
Earnings From Cont. Operations, 5 Yr. CAGR %	13.88	12.51	-11.05	5.85	-1.01
Net Income, 5 Yr. CAGR %	13.88	12.51	-11.05	5.85	-1.01
Normalized Net Income, 5 Yr. CAGR %	6.73	5.61	4.85	6.32	7.52
Diluted EPS Before Extra, 5 Yr. CAGR %	15.17	13.66	-10.34	6.09	-0.58
Accounts Receivable, 5 Yr. CAGR %	7.62	7.16	4.06	8.82	11.01
Inventory, 5 Yr. CAGR %	12.57	15.7	14.35	9.89	8
Net Property, Plant and Equip., 5 Yr. CAGR %	5.44	6.65	8.73	13.24	9.01
Total Assets, 5 Yr. CAGR %	11.74	12.93	6.77	7.14	5.94
Tangible Book Value, 5 Yr. CAGR %	31	23.07	2.82	0.71	-14.97
Common Equity, 5 Yr. CAGR %	8.34	10.33	9.49	9.46	10.33
Cash From Operations, 5 Yr. CAGR %	10.32	8.69	5.37	6.18	5.99
Capital Expenditures, 5 Yr. CAGR %	9.86	18.99	31.77	29.91	19.53
Levered Free Cash Flow, 5 Yr. CAGR %	8.37	3.47	2.24	4.33	3.54
Unlevered Free Cash Flow, 5 Yr. CAGR %	8.65	3.86	2.91	4.54	3.65
Dividend Per Share, 5 Yr. CAGR %	7.46	7.3	6.68	4.61	4.52