CHD FY 2020 Earnings Report — Church & Dwight Co., Inc. Revenue & Financial Results | Market Cap Arena

Church & Dwight Co., Inc.CHD

FY 2020 Earnings

Reported February 18, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$4.9B	—	$4.4B	—	12.3%
Op. Income	$1.0B	—	$840M	—	22.6%
Gross Margin	45.2%	—	45.5%	—	-0.3pp
Net Margin	16.1%	—	14.1%	—	1.9pp
EPS (Diluted)	$3.12	—	$2.44	—	27.9%
Free Cash Flow	$891M	—	$791M	—	12.7%

Revenue Flow

Item	Amount
REVENUE	$4.9B
Cost of Revenue	$2.7B
GROSS PROFIT	$2.2B
R&D Expenses	$0
Selling & Marketing	$591M
General & Administrative	$593M
SG&A Expenses	$1.2B
Other Expenses	$0
Operating Expenses	$1.2B
Cost & Expenses	$3.9B
OPERATING INCOME	$1.0B
Interest Income	$0
Interest Expense	$61M
Other Income/Expenses	-$56M
INCOME BEFORE TAX	$974M
Income Tax Expense	$188M
Net Income from Continuing Ops	$786M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$786M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$786M
D&A	$190M
EBIT	$1.0B
EBITDA	$1.2B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$4.9B
Cost of Revenue	$2.7B
GROSS PROFIT	$2.2B
R&D Expenses	$0
Selling & Marketing	$591M
General & Administrative	$593M
SG&A Expenses	$1.2B
Other Expenses	$0
Operating Expenses	$1.2B
Cost & Expenses	$3.9B
OPERATING INCOME	$1.0B
Interest Income	$0
Interest Expense	$61M
Other Income/Expenses	-$56M
INCOME BEFORE TAX	$974M
Income Tax Expense	$188M
Net Income from Continuing Ops	$786M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$786M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$786M
D&A	$190M
EBIT	$1.0B
EBITDA	$1.2B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$786M
Depreciation & Amortization	$190M
Stock-Based Compensation	$22M
Deferred Income Tax	$26M
Other Non-Cash Items	-$92M
Change in Working Capital	$59M
OPERATING CASH FLOW	$990M
Capital Expenditure	-$99M
Acquisitions (Net)	-$513M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$4M
NET CASH FROM INVESTING	-$608M
Net Debt Issuance	$99M
Common Stock Repurchased	-$300M
Common Dividends Paid	-$237M
Other Financing Activities	$78M
NET CASH FROM FINANCING	-$360M
FREE CASH FLOW	$891M
Net Change in Cash	$27M

Balance Sheet

Item	Amount
Cash & Equivalents	$183M
Short-Term Investments	$0
Net Receivables	$399M
Inventory	$495M
Other Current Assets	$35M
TOTAL CURRENT ASSETS	$1.1B
PP&E (Net)	$613M
Goodwill	$2.2B
Intangible Assets	$3.1B
Long-Term Investments	$9M
Tax Assets	$0
Other Non-Current Assets	$340M
TOTAL NON-CURRENT ASSETS	$6.3B
TOTAL ASSETS	$7.4B
Account Payables	$588M
Short-Term Debt	$376M
Deferred Revenue	$0
Other Current Liabilities	$287M
TOTAL CURRENT LIABILITIES	$1.4B
Long-Term Debt	$1.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$707M
Other Non-Current Liabilities	$317M
TOTAL NON-CURRENT LIABILITIES	$3.0B
TOTAL LIABILITIES	$4.4B
Common Stock	$293M
Additional Paid-In Capital	$274M
Retained Earnings	$4.8B
Treasury Stock	-$2.3B
Accum. Other Comp. Income	-$78M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.0B
Minority Interest	$0
TOTAL EQUITY	$3.0B
TOTAL LIABILITIES & EQUITY	$7.4B
Total Debt	$2.4B
Net Debt	$2.2B