CHD Q3 2019 Earnings Report — Church & Dwight Co., Inc. Revenue & Financial Results | Market Cap Arena

Church & Dwight Co., Inc.CHD

Q3 2019 Earnings

Reported October 31, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2019	Q2 2019	Q3 2018	QoQ Change	YoY Change
Revenue	$1.1B	$1.1B	$1.0B	0.9%	5.0%
Op. Income	$217M	$187M	$204M	15.7%	6.2%
Gross Margin	46.6%	44.6%	44.3%	2.0pp	2.3pp
Net Margin	14.4%	12.8%	14.1%	1.6pp	0.3pp
EPS (Diluted)	$0.62	$0.55	$0.58	12.7%	6.9%
Free Cash Flow	$250M	$201M	$235M	24.2%	6.7%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$582M
GROSS PROFIT	$508M
R&D Expenses	$0
Selling & Marketing	$125M
General & Administrative	$166M
SG&A Expenses	$291M
Other Expenses	$0
Operating Expenses	$291M
Cost & Expenses	$873M
OPERATING INCOME	$217M
Interest Income	$0
Interest Expense	$19M
Other Income/Expenses	-$16M
INCOME BEFORE TAX	$201M
Income Tax Expense	$43M
Net Income from Continuing Ops	$157M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$157M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$157M
D&A	$47M
EBIT	$220M
EBITDA	$267M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$582M
GROSS PROFIT	$508M
R&D Expenses	$0
Selling & Marketing	$125M
General & Administrative	$166M
SG&A Expenses	$291M
Other Expenses	$0
Operating Expenses	$291M
Cost & Expenses	$873M
OPERATING INCOME	$217M
Interest Income	$0
Interest Expense	$19M
Other Income/Expenses	-$16M
INCOME BEFORE TAX	$201M
Income Tax Expense	$43M
Net Income from Continuing Ops	$157M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$157M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$157M
D&A	$47M
EBIT	$220M
EBITDA	$267M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$157M
Depreciation & Amortization	$47M
Stock-Based Compensation	$3M
Deferred Income Tax	$100.0K
Other Non-Cash Items	$3M
Change in Working Capital	$56M
OPERATING CASH FLOW	$266M
Capital Expenditure	-$16M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$500.0K
NET CASH FROM INVESTING	-$17M
Net Debt Issuance	-$37M
Common Stock Repurchased	-$150M
Common Dividends Paid	-$56M
Other Financing Activities	$13M
NET CASH FROM FINANCING	-$231M
FREE CASH FLOW	$250M
Net Change in Cash	$17M

Balance Sheet

Item	Amount
Cash & Equivalents	$115M
Short-Term Investments	$0
Net Receivables	$384M
Inventory	$389M
Other Current Assets	$21M
TOTAL CURRENT ASSETS	$909M
PP&E (Net)	$553M
Goodwill	$2.1B
Intangible Assets	$2.8B
Long-Term Investments	$10M
Tax Assets	$0
Other Non-Current Assets	$281M
TOTAL NON-CURRENT ASSETS	$5.7B
TOTAL ASSETS	$6.6B
Account Payables	$449M
Short-Term Debt	$390M
Deferred Revenue	$0
Other Current Liabilities	$232M
TOTAL CURRENT LIABILITIES	$1.1B
Long-Term Debt	$1.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$578M
Other Non-Current Liabilities	$375M
TOTAL NON-CURRENT LIABILITIES	$2.9B
TOTAL LIABILITIES	$4.1B
Common Stock	$293M
Additional Paid-In Capital	$294M
Retained Earnings	$4.1B
Treasury Stock	-$2.1B
Accum. Other Comp. Income	-$81M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.6B
Minority Interest	$0
TOTAL EQUITY	$2.6B
TOTAL LIABILITIES & EQUITY	$6.6B
Total Debt	$2.3B
Net Debt	$2.2B