CHD FY 2022 Earnings Report — Church & Dwight Co., Inc. Revenue & Financial Results | Market Cap Arena

Church & Dwight Co., Inc.CHD

FY 2022 Earnings

Reported February 16, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$5.4B	—	$5.2B	—	3.6%
Op. Income	$598M	—	$1.1B	—	-44.6%
Gross Margin	41.9%	—	43.6%	—	-1.8pp
Net Margin	7.7%	—	15.9%	—	-8.2pp
EPS (Diluted)	$1.68	—	$3.32	—	-49.4%
Free Cash Flow	$706M	—	$875M	—	-19.3%

Revenue Flow

Item	Amount
REVENUE	$5.4B
Cost of Revenue	$3.1B
GROSS PROFIT	$2.3B
R&D Expenses	$0
Selling & Marketing	$535M
General & Administrative	$706M
SG&A Expenses	$1.2B
Other Expenses	$411M
Operating Expenses	$1.7B
Cost & Expenses	$4.8B
OPERATING INCOME	$598M
Interest Income	$4M
Interest Expense	$90M
Other Income/Expenses	-$75M
INCOME BEFORE TAX	$523M
Income Tax Expense	$109M
Net Income from Continuing Ops	$414M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$414M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$414M
D&A	$219M
EBIT	$613M
EBITDA	$832M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$5.4B
Cost of Revenue	$3.1B
GROSS PROFIT	$2.3B
R&D Expenses	$0
Selling & Marketing	$535M
General & Administrative	$706M
SG&A Expenses	$1.2B
Other Expenses	$411M
Operating Expenses	$1.7B
Cost & Expenses	$4.8B
OPERATING INCOME	$598M
Interest Income	$4M
Interest Expense	$90M
Other Income/Expenses	-$75M
INCOME BEFORE TAX	$523M
Income Tax Expense	$109M
Net Income from Continuing Ops	$414M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$414M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$414M
D&A	$219M
EBIT	$613M
EBITDA	$832M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$414M
Depreciation & Amortization	$219M
Stock-Based Compensation	$32M
Deferred Income Tax	-$118M
Other Non-Cash Items	$407M
Change in Working Capital	-$69M
OPERATING CASH FLOW	$885M
Capital Expenditure	-$179M
Acquisitions (Net)	-$547M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$3M
NET CASH FROM INVESTING	-$729M
Net Debt Issuance	$120M
Common Stock Repurchased	$0
Common Dividends Paid	-$255M
Other Financing Activities	-$12M
NET CASH FROM FINANCING	-$121M
FREE CASH FLOW	$706M
Net Change in Cash	$30M

Balance Sheet

Item	Amount
Cash & Equivalents	$270M
Short-Term Investments	$0
Net Receivables	$422M
Inventory	$647M
Other Current Assets	$57M
TOTAL CURRENT ASSETS	$1.4B
PP&E (Net)	$761M
Goodwill	$2.4B
Intangible Assets	$3.4B
Long-Term Investments	$13M
Tax Assets	$0
Other Non-Current Assets	$318M
TOTAL NON-CURRENT ASSETS	$6.9B
TOTAL ASSETS	$8.3B
Account Payables	$667M
Short-Term Debt	$96M
Deferred Revenue	$0
Other Current Liabilities	$347M
TOTAL CURRENT LIABILITIES	$1.2B
Long-Term Debt	$2.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$757M
Other Non-Current Liabilities	$163M
TOTAL NON-CURRENT LIABILITIES	$3.7B
TOTAL LIABILITIES	$4.9B
Common Stock	$294M
Additional Paid-In Capital	$366M
Retained Earnings	$5.5B
Treasury Stock	-$2.7B
Accum. Other Comp. Income	-$29M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.5B
Minority Interest	$0
TOTAL EQUITY	$3.5B
TOTAL LIABILITIES & EQUITY	$8.3B
Total Debt	$2.8B
Net Debt	$2.6B