Church & Dwight Company (CHD) financial statements
Church & Dwight Company reported revenue of $6.2B in fiscal 2025, up 6.6% a year over 9 years.
Net income was $737M and the operating margin 17.4%, against 20.7% in 2016.
Free cash flow was $1.1B, and the company returned $287M in dividends and $900M in net buybacks.
The diluted share count fell 7% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Church & Dwight Company's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5B | $3.8B | $4.1B | $4.4B | $4.9B | $5.2B | $5.4B | $5.9B | $6.1B | $6.2B |
| Cost of revenue | $1.9B | $2.0B | $2.3B | $2.4B | $2.7B | $2.9B | $3.1B | $3.3B | $3.3B | $3.4B |
| Gross profit | $1.6B | $1.7B | $1.8B | $2.0B | $2.2B | $2.3B | $2.2B | $2.6B | $2.8B | $2.8B |
| Research and development | $63M | $71M | $90M | $94M | $103M | $105M | $110M | $122M | $140M | $146M |
| Selling, general and admin | $439M | $543M | $566M | $629M | $593M | $607M | $706M | $890M | $928M | $988M |
| Operating income | $724M | $733M | $792M | $840M | $1.0B | $1.1B | $598M | $1.1B | $807M | $1.1B |
| Interest expense | $28M | $53M | $79M | $74M | $61M | $54M | $90M | $111M | $95M | $95M |
| Pre-tax income | $706M | $693M | $720M | $774M | $974M | $1.0B | $523M | $967M | $756M | $957M |
| Income tax | $247M | -$51M | $151M | $158M | $188M | $204M | $109M | $212M | $171M | $220M |
| Net income | $459M | $743M | $569M | $616M | $786M | $828M | $414M | $756M | $585M | $737M |
| EPS (diluted) | $1.75 | $2.90 | $2.27 | $2.44 | $3.12 | $3.32 | $1.68 | $3.05 | $2.37 | $3.02 |
| Diluted shares | 262M | 256M | 251M | 252M | 252M | 250M | 246M | 248M | 247M | 244M |
| Gross margin | 45.5% | 45.8% | 44.4% | 45.5% | 45.2% | 43.6% | 41.9% | 44.1% | 45.7% | 44.7% |
| Operating margin | 20.7% | 19.4% | 19.1% | 19.3% | 21.0% | 20.8% | 11.1% | 18.0% | 13.2% | 17.4% |
| Net margin | 13.1% | 19.7% | 13.7% | 14.1% | 16.1% | 15.9% | 7.7% | 12.9% | 9.6% | 11.9% |
Balance sheet
Fiscal years, from Church & Dwight Company's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $188M | $279M | $317M | $156M | $183M | $241M | $270M | $344M | $964M | $409M |
| Receivables | $287M | $346M | $345M | $356M | $399M | $406M | $422M | $527M | $601M | $593M |
| Inventory | $258M | $331M | $383M | $417M | $495M | $535M | $647M | $613M | $613M | $535M |
| Total current assets | $757M | $1.0B | $1.1B | $956M | $1.1B | $1.2B | $1.4B | $1.5B | $2.2B | $1.6B |
| Property, plant and equipment | $589M | $608M | $598M | $598M | $613M | $653M | $761M | $928M | $932M | $823M |
| Goodwill | $1.4B | $2.0B | $2.0B | $2.1B | $2.2B | $2.3B | $2.4B | $2.4B | $2.4B | $2.6B |
| Total assets | $4.4B | $6.0B | $6.1B | $6.7B | $7.4B | $8.0B | $8.3B | $8.6B | $8.9B | $8.9B |
| Total current liabilities | $1.0B | $935M | $1.3B | $1.1B | $1.4B | $2.1B | $1.2B | $1.4B | $1.3B | $1.5B |
| Long-term debt | $693M | $2.1B | $1.5B | $1.8B | $1.8B | $2.2B | $2.6B | $2.2B | $2.2B | $2.2B |
| Total liabilities | $2.4B | $3.8B | $3.6B | $4.0B | $4.4B | $4.8B | $4.9B | $4.7B | $4.5B | $4.9B |
| Shareholders' equity | $2.0B | $2.2B | $2.5B | $2.7B | $3.0B | $3.2B | $3.5B | $3.9B | $4.4B | $4.0B |
| Net debt | $506M | $1.8B | $1.8B | $1.7B | $1.6B | $2.7B | $2.3B | $2.1B | $1.2B | $1.8B |
Cash flow
Fiscal years, from Church & Dwight Company's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $655M | $682M | $764M | $864M | $990M | $994M | $885M | $1.0B | $1.2B | $1.2B |
| Capital spending | $50M | $45M | $60M | $74M | $99M | $119M | $179M | $224M | $180M | $122M |
| Free cash flow | $606M | $636M | $703M | $791M | $891M | $875M | $706M | $807M | $976M | $1.1B |
| Stock-based compensation | $16M | $18M | $23M | $21M | $22M | $24M | $32M | $64M | $59M | $58M |
| Dividends paid | $183M | $190M | $213M | $224M | $237M | $248M | $255M | $266M | $277M | $287M |
| Share buybacks (net) | -$400M | -$400M | -$200M | -$250M | -$300M | -$500M | $0 | -$300M | $0 | -$900M |
| Net borrowing | $69M | $1.3B | -$269M | -$49M | $99M | $401M | $120M | -$271M | -$208M | $0 |
| Free cash flow margin | 17.3% | 16.9% | 17.0% | 18.1% | 18.2% | 16.9% | 13.1% | 13.8% | 16.0% | 17.6% |
| Dividends per share | $0.70 | $0.74 | $0.85 | $0.89 | $0.94 | $0.99 | $1.04 | $1.08 | $1.12 | $1.18 |
Questions
What was Church & Dwight Company's revenue in 2025?
$6.2B in fiscal 2025, from its 10-K filing.
How much free cash flow does Church & Dwight Company generate?
$1.1B in fiscal 2025 (operating cash flow minus capital spending).
From Church & Dwight Company's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.