0001193125-26-048139
SEC filingChurch & Dwight Co., Inc. (CHD) reported strong financial results for fiscal year 2025, ending December 31, 2025. The company achieved net sales of $6.20 billion, generating a gross profit of $2.77 billion and net income of $736.8 million. Key profitability metrics include a gross margin of 44.7% and an operating margin of 17.4%. The company demonstrated robust cash generation with net cash provided by operating activities of $1.22 billion. Significant investing activities included $656.0 million in acquisitions and $122.4 million in capital expenditures, while financing activities featured $900.0 million in treasury stock purchases and $287.2 million in dividend payments. The balance sheet shows total assets of $8.91 billion, with stockholders' equity of $4.00 billion and long-term debt of $2.21 billion.
Church & Dwight Co., Inc. delivered solid financial performance for fiscal year 2025. The company reported net sales of $6.20 billion, cost of sales of $3.43 billion, and gross profit of $2.77 billion. Operating income reached $1.08 billion after accounting for marketing expenses of $708.9 million, selling, general and administrative expenses of $988.3 million, and VMS trade name and other asset impairments of $357.1 million. Net income totaled $736.8 million, resulting in basic and diluted earnings per share of $3.00. The company maintained a strong cash position with $409.0 million in cash and cash equivalents at year-end, though this represented a decrease from the prior period due to significant investing and financing activities.
The company's revenue performance was driven by its core business operations, though specific segment breakdowns or geographic mix details were not provided in the available data. The $6.20 billion in net sales represents the consolidated revenue figure for the fiscal year. No information was disclosed regarding revenue growth drivers, product category performance, or market segment contributions in the provided financial data. The absence of segment reporting suggests the company may operate as a single reporting segment or that detailed segment information was not included in this excerpt of the 10-K filing.
Church & Dwight achieved a gross margin of 44.7% for fiscal year 2025, calculated from gross profit of $2.77 billion on net sales of $6.20 billion. The operating margin was 17.4%, derived from operating income of $1.08 billion. The company's cost structure included significant marketing expenses of $708.9 million (11.4% of revenue) and selling, general and administrative expenses of $988.3 million (15.9% of revenue). Notably, the company recorded substantial impairment charges of $357.1 million related to VMS trade name and other assets, which impacted operating profitability. The effective tax rate was approximately 23.0% based on income taxes of $220.1 million on pre-tax income of $956.9 million.
The company generated strong operating cash flow of $1.22 billion for fiscal year 2025. Free cash flow, calculated as operating cash flow minus capital expenditures of $122.4 million, was $1.10 billion. Investing activities used $616.9 million, primarily for acquisitions ($656.0 million) and property additions ($122.4 million), partially offset by proceeds from the sale of the vitamin business ($160.3 million). Financing activities used $1.16 billion, mainly for treasury stock purchases ($900.0 million) and dividend payments ($287.2 million). The balance sheet shows total assets of $8.91 billion, including goodwill of $2.63 billion and trade names/net intangibles of $3.51 billion. Total liabilities were $4.91 billion, with long-term debt of $2.21 billion. Stockholders' equity was $4.00 billion, resulting in a debt-to-equity ratio of 0.55.
No forward-looking statements, management guidance, strategic priorities, or specific risk factors were provided in the available financial data excerpt. The 10-K filing would typically include management's discussion and analysis (MD&A) with outlook information, but this content was not included in the provided input. Investors should refer to the complete 10-K filing for information on the company's future expectations, strategic initiatives, and identified risk factors that may affect future performance.