Colgate Income Statement Research

CL Stock  USD 88.58  0.25  0.28%   
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.
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 Profit10.4B10.2B11.3B7.2B
Total Revenue17.4B18.0B19.5B12.8B

Colgate Palmolive income statement Correlations

0.580.50.910.930.890.930.880.90.860.910.76-0.420.80.460.9-0.110.780.08-0.460.45-0.330.40.520.06
0.580.010.410.410.420.390.340.370.390.430.22-0.390.29-0.010.77-0.510.83-0.17-0.660.42-0.880.830.72-0.71
0.50.010.730.730.70.630.680.670.70.690.82-0.010.650.930.360.40.24-0.040.37-0.270.33-0.35-0.340.19
0.910.410.730.990.990.940.910.920.980.990.85-0.390.810.670.83-0.040.740.06-0.190.21-0.160.20.230.07
0.930.410.730.990.980.950.920.930.960.980.88-0.350.840.690.830.020.720.09-0.190.23-0.140.180.230.11
0.890.420.70.990.980.920.870.880.990.990.81-0.430.770.630.83-0.10.760.04-0.210.22-0.20.230.250.04
0.930.390.630.940.950.920.860.880.90.920.86-0.320.880.570.82-0.080.70.23-0.310.38-0.170.250.330.16
0.880.340.680.910.920.870.861.00.870.860.77-0.470.690.670.770.020.64-0.14-0.180.26-0.060.130.190.18
0.90.370.670.920.930.880.881.00.870.870.77-0.470.710.650.790.010.66-0.11-0.210.28-0.090.160.220.17
0.860.390.70.980.960.990.90.870.870.970.78-0.440.740.630.82-0.130.750.01-0.190.18-0.190.220.220.02
0.910.430.690.990.980.990.920.860.870.970.82-0.420.790.620.83-0.070.750.08-0.220.26-0.190.240.270.06
0.760.220.820.850.880.810.860.770.770.780.820.10.960.820.580.370.460.370.06-0.010.09-0.10.00.21
-0.42-0.39-0.01-0.39-0.35-0.43-0.32-0.47-0.47-0.44-0.420.10.120.12-0.560.69-0.550.630.51-0.590.41-0.53-0.430.16
0.80.290.650.810.840.770.880.690.710.740.790.960.120.630.610.270.520.54-0.160.15-0.050.070.220.18
0.46-0.010.930.670.690.630.570.670.650.630.620.820.120.630.340.490.21-0.020.5-0.370.37-0.44-0.460.19
0.90.770.360.830.830.830.820.770.790.820.830.58-0.560.610.34-0.430.93-0.1-0.510.49-0.570.60.56-0.27
-0.11-0.510.4-0.040.02-0.1-0.080.020.01-0.13-0.070.370.690.270.49-0.43-0.550.330.61-0.580.74-0.79-0.560.56
0.780.830.240.740.720.760.70.640.660.750.750.46-0.550.520.210.93-0.55-0.08-0.570.52-0.760.750.62-0.5
0.08-0.17-0.040.060.090.040.23-0.14-0.110.010.080.370.630.54-0.02-0.10.33-0.08-0.010.010.1-0.10.080.3
-0.46-0.660.37-0.19-0.19-0.21-0.31-0.18-0.21-0.19-0.220.060.51-0.160.5-0.510.61-0.57-0.01-0.790.77-0.89-0.960.35
0.450.42-0.270.210.230.220.380.260.280.180.26-0.01-0.590.15-0.370.49-0.580.520.01-0.79-0.540.710.71-0.11
-0.33-0.880.33-0.16-0.14-0.2-0.17-0.06-0.09-0.19-0.190.090.41-0.050.37-0.570.74-0.760.10.77-0.54-0.97-0.810.8
0.40.83-0.350.20.180.230.250.130.160.220.24-0.1-0.530.07-0.440.6-0.790.75-0.1-0.890.71-0.970.89-0.66
0.520.72-0.340.230.230.250.330.190.220.220.270.0-0.430.22-0.460.56-0.560.620.08-0.960.71-0.810.89-0.35
0.06-0.710.190.070.110.040.160.180.170.020.060.210.160.180.19-0.270.56-0.50.30.35-0.110.8-0.66-0.35
Click cells to compare fundamentals

Colgate Palmolive Account Relationship Matchups

Colgate Palmolive income statement Accounts

201920202021202220232024 (projected)
Interest Expense193M192M183M167M299M314.0M
Total Revenue15.7B16.5B17.4B18.0B19.5B12.8B
Gross Profit9.3B10.0B10.4B10.2B11.3B7.2B
Operating Income3.6B3.9B4.5B4.3B4.1B2.5B
Ebit3.6B3.9B4.5B4.3B4.1B2.6B
Ebitda4.1B4.4B5.0B4.9B4.7B3.0B
Cost Of Revenue6.4B6.5B7.0B7.7B8.2B5.6B
Income Before Tax3.3B3.6B3.1B2.7B3.4B2.2B
Net Income2.4B2.7B2.2B1.8B2.3B1.5B
Income Tax Expense774M787M749M693M937M706.0M
Research Development281M290M307M320M343M285.8M
Minority Interest160M165M(172M)(182M)(155M)(147.3M)
Tax Provision774M787M749M693M937M757.9M
Interest Income47M164M175M153M55M94.2M
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

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Moving against Colgate Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Colgate Palmolive is a strong investment it is important to analyze Colgate Palmolive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Colgate Palmolive's future performance. For an informed investment choice regarding Colgate Stock, refer to the following important reports:
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.

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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.