COLGATE PALMOLIVE CO (CL) Earnings History

COLGATE PALMOLIVE CO - Q1 2026 EarningsMissed

Filed at: May 1, 2026, 7:31 AM EDT|Read from source

EXECUTIVE SUMMARY

Colgate-Palmolive reported a strong start to 2026 with broad-based top and bottom-line growth, driven by increases in net sales, organic sales, and operating profit across most categories and divisions. Despite a challenging macroeconomic environment, the company demonstrated resilience and continued execution of its long-term strategy, supported by an expansion of its Strategic Growth and Productivity Program.

POSITIVE HIGHLIGHTS

  • •

    Net sales increased 8.4% to $5,324 million, with organic sales up 2.9%.

    positive
  • •

    Base Business EPS increased 7% to $0.97, demonstrating strong bottom-line performance.

    positive
  • •

    Broad-based growth across categories and four of five divisions, with a balance of volume and pricing.

    positive
  • •

    Global market share leadership maintained in toothpaste (41.1% YTD) and manual toothbrushes (32.6% YTD).

    positive
  • •

    Net cash provided by operations was $747 million, an increase from the prior year.

    positive

CONCERNS & RISKS

  • •

    GAAP diluted EPS decreased 6% to $0.80, impacted by special items and a shift in the SGPP program.

    attention
  • •

    GAAP Gross profit margin and Base Business Gross profit margin decreased 20 basis points to 60.6%.

    attention
  • •

    North America division experienced a sales decline of 1.8% and operating profit decrease of 28%, with operating profit margin down 590 basis points.

    attention
  • •

    Full year 2026 gross profit margin guidance revised to down (previously up) on both GAAP and Base Business bases.

    attention
  • •

    The Strategic Growth and Productivity Program (SGPP) expansion increased estimated charges to $350-$550 million from $200-$300 million.

    attention
  • •

    Negative impact from lower private label pet food sales (-0.6% on organic sales) and exit from this business.

    attention

FINANCIAL METRICS

Revenue
Quarterly
$5.32B
+8.4%
Prior year: $4.91B
Net Income
Quarterly
$646.00M
-6.4%
Prior year: $690.00M
EPS (Diluted)
Quarterly
N/A
N/A
Operating Income
Quarterly
$964.00M
-10.4%
Prior year: $1.08B
EPS (Basic)
Quarterly
$0.81
-4.7%
Prior year: $0.85

MARGIN ANALYSIS

Gross Margin
Current Quarter
60.6%
Prior Year
60.8%
YoY Change
-20 bps
Operating Margin
Current Quarter
18.1%
Prior Year
21.9%
YoY Change
-380 bps
Net Margin
Current Quarter
12.1%
Prior Year
14.1%
YoY Change
-192 bps

Margin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.

REVENUE BY SEGMENT — Q1 2026 2026

VISUAL OVERVIEW

|
Oral, Personal and Home Care
0.0%
N/A
Pet Nutrition
0.0%
N/A

DETAILED BREAKDOWN

|
SegmentCurrentPrior YrYoY% Total
Oral, Personal and Home Care
N/A———
Pet Nutrition
N/A———
Total Revenue$0.00M——100.0%

Segment performance shows business unit health and growth drivers.

EARNINGS CALL —

Call date
2026-05-01
Tone
N/A
Hedge density
N/A
Deflection rate
N/A

SPECIAL ITEMS & ADJUSTMENTS

Q1 2026
Strategic Growth and Productivity Program charges
Included in Corporate operating loss.
+$171M
$0.17 per share
Q1 2025
ERISA litigation matter charges
Included in Corporate operating loss.
+$15M
$0.06 per share
Total Impact
+$186M$0.23 per share

Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.

MANAGEMENT COMMENTARY

Delivered a strong start to 2026, with broad-based top and bottom-line growth.

— COLGATE PALMOLIVE CO, Q1 2026 2026 Earnings Call

Nice balance of volume and pricing growth across categories and divisions.

— COLGATE PALMOLIVE CO, Q1 2026 2026 Earnings Call

Resilience of our business model in a difficult operating environment.

— COLGATE PALMOLIVE CO, Q1 2026 2026 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Manual Toothbrush Market Share
32.6
% YTD
Toothpaste Market Share
41.1
% YTD

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.

Related Research

Guides

Recession-Resistant Stocks 2026: 15 Companies Ranked by SEC Filing Data

Analysis

Consumer Staples ROIC Rankings: Why the Lowest-ROIC Stock Has the Best Trajectory