CL vs PG
Colgate Palmolive Co. and Procter & Gamble Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CL | PG |
|---|---|---|
| Revenue | $20.4B | $87.0B |
| Net income | $2.1B | $16.0B |
| Gross margin | 60.1% | 50.2% |
| Net margin | 11.1% | 18.5% |
| Return on equity | · | 30.1% |
| Diluted EPS | $2.63 | $6.62 |
| Dividend / share | $2.08 | $4.26 |
| Payout ratio | · | 63.8% |
| Free cash flow | $3.6B | $15.1B |
| Equity | $54.0M | · |
| Net debt / equity | 124.04× | 0.36× |
| Current ratio | 0.83× | 0.68× |
| Revenue CAGR 5y | 4.4% | 2.7% |
| Profit CAGR 5y | −4.6% | 2.3% |
PG bills 4.3× the revenue of CL, and keeps more of each dollar of revenue as profit (18.5% against 11.1%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | CL | PG |
|---|---|---|
| FY2025 | $20.4B | $87.0B |
| FY2024 | $20.1B | $84.3B |
| FY2023 | $19.5B | $84.0B |
| FY2022 | $18.0B | $82.0B |
| FY2021 | $17.4B | $80.2B |
| FY2020 | $16.5B | $76.1B |
| FY2019 | $15.7B | $71.0B |
| FY2018 | $15.5B | $67.7B |
| FY2017 | $15.5B | $66.8B |
| FY2016 | $15.2B | $65.1B |
Bottom line
| Fiscal year | CL | PG |
|---|---|---|
| FY2025 | $2.1B | $16.0B |
| FY2024 | $2.9B | $16.0B |
| FY2023 | $2.3B | $14.9B |
| FY2022 | $1.8B | $14.7B |
| FY2021 | $2.2B | $14.7B |
| FY2020 | $2.7B | $14.3B |
| FY2019 | $2.4B | $13.0B |
| FY2018 | $2.4B | $3.9B |
| FY2017 | $2.0B | $9.8B |
| FY2016 | $2.4B | $15.3B |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$66,650,000,000 | PG |
| FY2024 | −$64,183,000,000 | PG |
| FY2023 | −$64,582,000,000 | PG |
| FY2022 | −$64,039,000,000 | PG |
| FY2021 | −$62,766,000,000 | PG |
| FY2020 | −$59,647,000,000 | PG |
| FY2019 | −$55,257,000,000 | PG |
| FY2018 | −$52,140,000,000 | PG |
| FY2017 | −$51,378,000,000 | PG |
| FY2016 | −$49,863,000,000 | PG |
| FY2015 | −$49,265,000,000 | PG |
| FY2014 | −$53,472,000,000 | PG |
| FY2013 | −$56,981,000,000 | PG |
| FY2012 | −$63,031,000,000 | PG |
| FY2011 | −$11,666,000,000 | PG |
| FY2010 | −$65,540,000,000 | PG |
| FY2009 | −$62,240,000,000 | PG |
| FY2008 | −$61,364,000,000 | PG |
| FY2007 | −$65,467,000,000 | PG |
PG has reported the higher revenue in every one of these 19 fiscal years. The gap has widened since the earliest year compared.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −7.5 pp | PG |
| FY2024 | −3.9 pp | PG |
| FY2023 | −5.2 pp | PG |
| FY2022 | −7.0 pp | PG |
| FY2021 | −5.0 pp | PG |
| FY2020 | −1.5 pp | PG |
| FY2019 | −2.4 pp | PG |
| FY2018 | +10.6 pp | CL |
| FY2017 | −0.7 pp | PG |
| FY2016 | −6.7 pp | PG |
| FY2015 | −6.6 pp | PG |
| FY2014 | +3.4 pp | CL |
| FY2013 | −2.0 pp | PG |
| FY2012 | +1.2 pp | CL |
| FY2011 | −23.1 pp | PG |
| FY2010 | +0.2 pp | CL |
| FY2009 | −0.9 pp | PG |
| FY2008 | −4.2 pp | PG |
| FY2007 | −2.2 pp | PG |
The higher net margin has changed hands between CL and PG over this period.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PG's net margin has been more volatile than CL's over the 19 comparable fiscal years — 6.1 percentage points of standard deviation against 2.0.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between CL and PG over these 19 fiscal years — CL led in 4 and PG in 15.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CL's return on equity has been more volatile than PG's over the 12 comparable fiscal years — 216.5 percentage points of standard deviation against 7.2.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
CL led in return on equity in every one of the 12 comparable fiscal years — a structural lead, not a recent swing.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.