Skip to Content
Morningstar
Get 14 Days Free

Colgate-Palmolive Co CL

Morningstar Rating
Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

Profits Wither, but Colgate Continues to Invest to Support Sales Momentum; Shares Not a Bargain

Erin Lash, CFA Sector Director

Analyst Note

| Erin Lash, CFA |

Despite extensive supply chain disruptions, we think Colgate’s enhanced focus on consumer-valued innovation across its price tiers contributed to impressive sales marks in the third quarter. Organic sales popped 4.5% (reflecting a 1.5% benefit from increased volumes and a 3-point bump from higher prices), on top of 7.5% growth in the year-ago period. This marked Colgate’s 11th consecutive period of underlying gains in line with or above its 3%-5% long-term aim.

Read Full Analysis

Company Profile

Business Description

Since its founding in 1806, Colgate-Palmolive has grown to become a leading global consumer product company. In addition to its namesake oral care line, the firm manufactures shampoos, shower gels, deodorants, and home care products that are sold in over 200 countries around the world (international sales account for about 75% of its consolidated total, including approximately 50% from emerging regions). It also owns specialty pet food maker Hill's, which sells its products through veterinarians and specialty pet retailers.

Contact
300 Park Avenue
New York, NY, 10022-7499
T +1 212 310-2000
Sector Consumer Defensive
Industry Household & Personal Products
Most Recent Earnings Sep 30, 2021
Fiscal Year End Dec 31, 2020
Stock Type Classic Growth
Employees 34,200

Related

Market Update
Digging Into Vanguard Dividend Growth
The fund stands out for its focus on companies with a strong competitive advantage that can sustain and grow their dividends over time.
Amy C. Arnott
Our Picks
6 Stocks That Let You Sleep at Night
These wide-moat, low-uncertainty names are reliable.
Susan Dziubinski
Market Update
The Value Rebound Is Good News for Dividend Investors
Equity income is well-positioned, both short- and long-term.
Dan Lefkovitz
Stock Strategist
Should You Add These Household Brands to Your Portfolio?
Here's our take on Clorox, Colgate-Palmolive, and Procter & Gamble.
Vikram Barhat
Our Picks
16 Solid Stocks During Rocky Times
This shortlist of high-quality companies with predictable cash flows and modest leverage are well-equipped for today’s market uncertainty.
Susan Dziubinski
Market Update
6 Stocks Top Managers Like
Managers from Oakmark, Diamond Hill, and BBH have taken new positions in a beer business, a telecom, and one of the world’s largest consumer product companies.
Susan Dziubinski
Our Picks
4 Dividend Stocks to Own
These stocks are among the top-10 holdings in several of our favorite dividend-growth funds.
Susan Dziubinski
Our Picks
15 New Stocks in the Wide-Moat Focus Index
We review the adds and drops from the latest reconstitution as well as the index's cheapest names today.
Susan Dziubinski
Stock Strategist
P&G Still Merits a Spot on Shopping Lists
Efforts to hone its focus are starting to yield top-line gains.
Erin Lash
US Videos
Colgate Works to Fortify Competitive Edge
The wide-moat firm's leading brands and entrenched relationships should ensure it boasts economic profits for the next 20 years.
Erin Lash
Premium Article
10 Undervalued Core Stocks
These wide-moat, low uncertainty names are trading in 4- and 5-star range.
Susan Dziubinski
US Videos
P&G Making Progress, but Colgate Is More Attractive
Procter & Gamble's strategic agenda has begun to deliver, but shares are no longer a bargain.
Erin Lash
Premium Article
26 Reliable, High-Quality Stocks
These wide-moat stocks with stable moat trends and low uncertainty ratings keep surprises to a minimum.
Susan Dziubinski
Our Picks
13 Companies With Attractive, Low-Risk Dividends
We take a look at the new entrants to the Morningstar Dividend Yield Focus Index, and we explore how to use Morningstar metrics to find high-quality companies with safe dividends.
Karen Wallace
Our Picks
10 Newest Stocks in the Wide-Moat Focus Index
The Morningstar Wide Moat Focus Index made room for some undervalued consumer defensive stocks in June.
Karen Wallace
Our Picks
10 Undervalued Low-Volatility Stocks
These stocks could offer higher reward with lower risk.
Karen Wallace
Stock Analyst Update
No Sign of Decay in Competitive Edge at Colgate
Fourth-quarter performance at the wide-moat firm wasn't as dire as the share response would suggest.
Erin Lash
Stock Strategist
Strategy Change Not Enough to Make Us Scoop Up Kellogg
The move to a warehouse system from direct-store delivery is prudent, but the stock price isn’t compelling.
Erin Lash
Fund Times
This Global Fund Pays Off for Patient Investors
Silver-rated Oppenheimer Global fishes globally for growth ideas.
Patricia Oey
Stock Strategist
Blue Buffalo's a Natural Buy
It's poised to capitalize on trends favoring premium and natural pet foods, and it's undervalued.
Zain Akbari