CHD CHURCH & DWIGHT CO INC /DE/

Overview and Growth

CHURCH & DWIGHT CO INC /DE/ generated $6.20B of revenue in fiscal 2025, with net income of $736.80M and an operating cash inflow of $1.22B. The $6.20B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 1.6% above fiscal 2024 revenue of $6.11B, marking a year-over-year increase. On a per-share basis, diluted EPS was $3.02, which connects the reported earnings outcome with the company’s diluted share count. Against diluted EPS of $2.37 in fiscal 2024, the current result was 27.4% higher. Revenue equaled 0.7x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

The first profit layer was $2.77B of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 44.7%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operating income was $1.08B, the earnings remaining from reported operations after the company’s recognized operating cost structure. Operating margin measured 17.4%, showing the portion of revenue preserved after the full set of operating costs. Net income came to $736.80M, completing the progression from revenue through gross and operating profitability to the final reported result. Net margin was 11.9%, meaning that this portion of revenue remained as net income after all recognized expenses. Before income taxes, the company reported $956.90M of earnings, providing a bridge between the operating result and final net income. Pretax income represented 15.4% of revenue, placing earnings before tax in the context of the company’s operating scale. Income tax expense totaled $220.10M, providing the reported tax component that separates pretax and after-tax earnings. Relative to pretax income, the tax provision measured 23.0%, quantifying the portion of pre-tax earnings paid in income tax.

Liquidity and Capital Structure

At period end, the $8.91B asset base was financed through $4.91B of liabilities and $4.00B of equity. At period end, current assets of $1.60B compared with current liabilities of $1.50B, defining the company’s short-term resource position. The current ratio was 1.07x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. The company held $409.00M in cash and equivalents, a narrower liquidity measure than total current assets. Measured only with cash and equivalents, coverage of current liabilities was 27.3%, excluding receivables and other current assets. Borrowings totaled $2.21B, adding a fixed financing obligation alongside the company’s equity capital. The debt-to-equity relationship was 0.55x, showing how much debt the company carried for each unit of book equity. Debt represented 24.7% of total assets, placing borrowing in the context of the company’s full resource base. The liabilities-to-assets relationship was 55.1%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 4.6%, a balance-sheet composition measure rather than a liquidity forecast.

Cash Flow and Earnings Quality

The company reported $1.22B of operating cash flow, a cash inflow that shows the cash generated by operations. Against net income, operating cash flow measured 1.65x, showing the relationship between accrual earnings and operating cash. Capital spending was $122.40M, absorbing part of the cash generated from operations before free cash flow. Relative to operating cash flow, capital expenditures measured 10.1%, connecting investment intensity with the company’s cash-generation base. After capital spending, free cash flow was $1.09B, leaving cash available for debt reduction, shareholder returns, or further investment. Free cash flow represented 17.6% of revenue, linking post-investment cash generation with the company’s operating scale. Measured against total assets, free cash flow represented 12.3%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.