Colgate Income Statement Research
CL Stock | USD 88.58 0.25 0.28% |
Colgate |
Most accounts from Colgate Palmolive's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Colgate Palmolive current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Colgate Palmolive Valuation and Colgate Palmolive Correlation analysis. For more information on how to buy Colgate Stock please use our How to buy in Colgate Stock guide.At this time, Colgate Palmolive's Interest Expense is quite stable compared to the past year. Net Income Applicable To Common Shares is expected to rise to about 2.1 B this year, although the value of Selling General Administrative will most likely fall to about 4.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.4B | 10.2B | 11.3B | 7.2B | Total Revenue | 17.4B | 18.0B | 19.5B | 12.8B |
Colgate Palmolive income statement Correlations
Click cells to compare fundamentals
Colgate Palmolive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Colgate Palmolive income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 193M | 192M | 183M | 167M | 299M | 314.0M | |
Total Revenue | 15.7B | 16.5B | 17.4B | 18.0B | 19.5B | 12.8B | |
Gross Profit | 9.3B | 10.0B | 10.4B | 10.2B | 11.3B | 7.2B | |
Operating Income | 3.6B | 3.9B | 4.5B | 4.3B | 4.1B | 2.5B | |
Ebit | 3.6B | 3.9B | 4.5B | 4.3B | 4.1B | 2.6B | |
Ebitda | 4.1B | 4.4B | 5.0B | 4.9B | 4.7B | 3.0B | |
Cost Of Revenue | 6.4B | 6.5B | 7.0B | 7.7B | 8.2B | 5.6B | |
Income Before Tax | 3.3B | 3.6B | 3.1B | 2.7B | 3.4B | 2.2B | |
Net Income | 2.4B | 2.7B | 2.2B | 1.8B | 2.3B | 1.5B | |
Income Tax Expense | 774M | 787M | 749M | 693M | 937M | 706.0M | |
Research Development | 281M | 290M | 307M | 320M | 343M | 285.8M | |
Minority Interest | 160M | 165M | (172M) | (182M) | (155M) | (147.3M) | |
Tax Provision | 774M | 787M | 749M | 693M | 937M | 757.9M | |
Interest Income | 47M | 164M | 175M | 153M | 55M | 94.2M | |
Net Interest Income | (145M) | (164M) | (175M) | (153M) | (232M) | (243.6M) |
Pair Trading with Colgate Palmolive
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Colgate Palmolive position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Colgate Palmolive will appreciate offsetting losses from the drop in the long position's value.Moving together with Colgate Stock
0.76 | EL | Estee Lauder Companies Financial Report 1st of May 2024 | PairCorr |
0.79 | PG | Procter Gamble Financial Report 26th of July 2024 | PairCorr |
Moving against Colgate Stock
0.75 | NUS | Nu Skin Enterprises Financial Report 1st of May 2024 | PairCorr |
0.67 | EWCZ | European Wax Center Financial Report 8th of May 2024 | PairCorr |
0.64 | ACU | Acme United | PairCorr |
0.63 | YSG | Yatsen Holding Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to Colgate Palmolive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Colgate Palmolive when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Colgate Palmolive - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Colgate Palmolive to buy it.
The correlation of Colgate Palmolive is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Colgate Palmolive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Colgate Palmolive moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Colgate Palmolive can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Colgate Palmolive Valuation and Colgate Palmolive Correlation analysis. For more information on how to buy Colgate Stock please use our How to buy in Colgate Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Colgate Stock analysis
When running Colgate Palmolive's price analysis, check to measure Colgate Palmolive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Colgate Palmolive is operating at the current time. Most of Colgate Palmolive's value examination focuses on studying past and present price action to predict the probability of Colgate Palmolive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Colgate Palmolive's price. Additionally, you may evaluate how the addition of Colgate Palmolive to your portfolios can decrease your overall portfolio volatility.
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
CEOs Directory Screen CEOs from public companies around the world | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume |
Is Colgate Palmolive's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Colgate Palmolive. If investors know Colgate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Colgate Palmolive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 144.537 | Dividend Share 1.91 | Earnings Share 2.77 | Revenue Per Share 23.516 | Quarterly Revenue Growth 0.069 |
The market value of Colgate Palmolive is measured differently than its book value, which is the value of Colgate that is recorded on the company's balance sheet. Investors also form their own opinion of Colgate Palmolive's value that differs from its market value or its book value, called intrinsic value, which is Colgate Palmolive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Colgate Palmolive's market value can be influenced by many factors that don't directly affect Colgate Palmolive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Colgate Palmolive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Colgate Palmolive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Colgate Palmolive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.