Colgate-Palmolive Company (NYSE: CL) is an American diversified multinational corporation focused on the production, distribution and provision of household, health care and personal products, such as soaps, detergents, and oral hygiene products (including toothpaste and toothbrushes). Under its "Hill's" brand, it is also a manufacturer of veterinary products. The company's corporate offices are on Park Avenue in Midtown Manhattan, New York City.
Colgate-Palmolive Company (Colgate), incorporated in 1923, is a consumer products company. Colgate’s products are marketed in over 200 countries and territories. The Company manages its business in two product segments: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care segment is operated through four operating segments: North America, Latin America, Europe/South Pacific and Greater Asia/Africa, all of which sell to a variety of retail and wholesale customers and distributors. During the year ended December 31, 2010, the revenues of Oral, Personal and Home Care products accounted for 43%, 22% and 22%, respectively, of its total revenues. During 2010, the revenues of Pet Nutrition products accounted for 13% of the Company’s total revenues.
Colgate’s Oral Care products include Colgate Total and Colgate Max Fresh toothpastes, Colgate 360 manual toothbrushes and Colgate and Colgate Plax mouth rinses. Its Oral Care business also includes dental floss and pharmaceutical products for dentists and other oral health professionals. The Company’s Personal Care products include Palmolive and Softsoap brand shower gels, Palmolive, Irish Spring and Protex bar soaps and Speed Stick and Lady Speed Stick deodorants and antiperspirants. Colgate’s Personal Care business outside the United States also includes Palmolive and Caprice shampoo and conditioners. Colgate manufactures and markets an array of products for Home Care, including Palmolive and Ajax dishwashing liquids, Fabuloso and Ajax household cleaners, and Murphy’s Oil Soap. Colgate’s barnds in fabric conditioners include Suavitel in Latin America and Soupline in Europe.
North America
During 2010, Oral care products in North America included Colgate Triple Action, Colgate Sensitive MultiProtection and Colgate Total toothpastes, Colgate 360 ActiFlex, Colgate Max White and Colgate Extra Clean manual toothbrushes and the Colgate Wisp mini-brush. Its other categories products in North America included Softsoap Body Butter Mega Moisture and Irish Spring Intensify body washes, Speed Stick Stainguard deodorant and Fabuloso Aroma Sensations liquid cleaner.
Latin America
During 2010, the Company’s Oral care in Latin America included Colgate Sensitive Pro-Relief and Colgate Total toothpastes, Colgate 360 ActiFlex, Colgate Twister and Colgate Zig Zag manual toothbrushes and Colgate Plax Whitening Tartar Control and Colgate Plax Complete Care mouthwashes. Its products in other categories in Latin America included Palmolive Naturals Yogurt and Almond Oil and Palmolive Natural Perfect Tone bar soaps, Lady Speed Stick Waterproof and Speed Stick Extreme deodorants and Protex Propolis bar soap.
Europe/South Pacific
During 2010, the Company’s Oral care in Europe/South Pacific included Colgate Sensitive Pro-Relief, Colgate Sensitive Pro-Relief Whitening, elmex Sensitive Professional and Colgate Max White One toothpastes, Colgate 360 ActiFlex manual toothbrush, Colgate 360 ActiFlex Sonic Power battery powered toothbrush and Colgate Plax Ice mouth rinse. Its products in other categories in Europe/South Pacific included Palmolive Nutra-Fruit shower creme and the Natura Verde line of home care products.
Greater Asia/Africa
During 2010, the Company’s Oral care in Greater Asia/Africa included Colgate Sensitive Pro-Relief, Colgate Sensitive Pro-Relief Whitening, Colgate Total and Colgate Herbal Salt toothpastes, Colgate 360 ActiFlex, Colgate Massager and Colgate Twister Gum Care manual toothbrushes and Colgate Plax Complete Care mouthwash. Its products in other categories in Greater Asia/Africa included Lady Speed Stick Breathing Skin and Mennen Speed Stick Breathe and Protect deodorants.
Hill’s Pet Nutrition
Colgate, through its Hill’s Pet Nutrition segment (Hill’s), markets specialty pet nutrition products for dogs and cats with products marketed in over 95 countries. Hill’s markets pet foods primarily under two brand names: Hill’s Science Diet, which is sold by authorized pet supply retailers and veterinarians for everyday nutritional needs, and Hill’s Prescription Diet, a range of therapeutic products sold by veterinarians and authorized pet supply retailers to help nutritionally manage disease conditions in dogs and cats. During 2010, the Company’s new products within the United States included Science Diet Small and Toy Breed Canine, Science Diet Healthy Mobility Canine, Science Diet Weight Loss System and Prescription Diet Therapeutic Weight Reduction Program. During 2010, its products contributing to international sales included Science Diet Small and Toy Breed Canine, Science Diet Senior Advanced Canine and Feline, Science Plan Sterilized Cat and Science Plan VetEssentials Canine and Feline.
Although revenues increased another 7 percent in 2004, topping the $10 billion mark for the first time, profits fell 7 percent, to $1.33 billion. Intense global competition--particularly from a resurgent Procter & Gamble--forced Colgate to allocate additional money for advertising, and the firm also had to contend with increased raw material and packaging costs and the growing power of discount retailers such as Wal-Mart Stores, Inc. who were forcing consumer product makers to hold the line on price increases. To free up funds for marketing initiatives and new product development efforts, Colgate launched a sweeping restructuring in December 2004, its first major overhaul since 1995. The latest reorganization, a four-year program, aimed to generate between $250 million and $300 million in after-tax cost savings by 2008 by closing 26 of the firm's 78 factories around the world and eliminating about 12 percent of the workforce, or more than 4,400 jobs. Cumulative after-tax restructuring charges of between $550 million and $650 million were anticipated. As part of the restructuring, further divestments of noncore lines were very possible. As Colgate continued to deemphasize its detergent business, it seemed likely to seek buyers for its Fab and Ajax brands. Just as the restructuring began, however, Colgate faced the prospect of an even more formidable chief foe. Procter & Gamble reached an agreement to acquire The Gillette Company in January 2005 for $57 billion, which would add Gillette's Oral-B toothbrushes and toothpastes to P&G's Crest line. This deal was likely to compound the competitive pressures that Colgate-Palmolive faced, making the successful implementation of the restructuring that much more important.
Principal Subsidiaries: Colgate Flavors and Fragrances, Inc.; Colgate (Guangzhou) Co. Ltd. (China); Colgate Oral Pharmaceuticals, Inc.; Colgate-Palmolive (America), Inc.; Colgate-Palmolive (Asia) Pte. Ltd. (Singapore); Colgate-Palmolive Argentina S.A.; Colgate-Palmolive A/S (Denmark); Colgate-Palmolive Belgium S.A./N.V.; Colgate-Palmolive Beteiligungsgesellschaft mbH (Germany); Colgate-Palmolive Canada, Inc.; Colgate-Palmolive (Central America), Inc.; Colgate-Palmolive (Centro America) S.A. (Guatemala); Colgate-Palmolive Chile S.A.; Colgate-Palmolive Cia.; Colgate-Palmolive (Hellas) S.A.I.C. (Greece); Colgate-Palmolive Compania Anonima (Venezuela); Colgate-Palmolive Company, Distr. (Puerto Rico); Colgate-Palmolive del Ecuador S.A.I.C.; Colgate-Palmolive de Puerto Rico, Inc.; Colgate-Palmolive Deutschland Holding GmbH (Germany); Colgate-Palmolive (Dominican Republic), Inc.; Colgate-Palmolive (Eastern) Pte. Ltd. (Singapore); Colgate-Palmolive España, S.A./N.V. (Spain); Colgate-Palmolive Europe S.A. (Belgium); Colgate-Palmolive Europe Sarl (Switzerland); Colgate-Palmolive G.m.b.H. (Germany); Colgate-Palmolive (Guangzhou) Co., Ltd. (China); Colgate-Palmolive (H.K.) Ltd. (Hong Kong); Colgate-Palmolive Holding Inc.; Colgate-Palmolive Holdings (UK) Limited; Colgate-Palmolive Holding S. Com. p.a. (Spain); Colgate-Palmolive Inc. S.A. (Uruguay); Colgate-Palmolive (India) Limited; Colgate-Palmolive Industria e Comercio Ltda. (Brazil); Colgate-Palmolive Industrial Unipessoal, Lda. (Portugal); Colgate-Palmolive International LLC; Colgate-Palmolive Investments, Inc.; Colgate-Palmolive Ltd. (New Zealand); Colgate-Palmolive (Malaysia) Sdn Bhd; Colgate-Palmolive (Marketing) Sdn Bhd (Malaysia); Colgate-Palmolive Nederland BV (Netherlands); Colgate-Palmolive Norge A/S (Norway); Colgate-Palmolive Philippines, Inc.; Colgate-Palmolive (Poland) Sp. z 0.0.; Colgate-Palmolive Pty Limited (Australia); Colgate-Palmolive (Pty) Limited (South Africa); Colgate-Palmolive Services, S.A. (France); Colgate-Palmolive, S.A. de C.V. (Mexico); Colgate-Palmolive S.p.A. (Italy); Colgate-Palmolive Temizlik Urunleri Sanayi ve Ticaret, A.S. (Turkey); Colgate-Palmolive (Thailand) Ltd.; Colgate Sanxiao Company Limited (China); Cotelle S.A. (France); CPIF Venture, Inc.; GABA Holdings Delaware, LLC; GABA Holding A.G. (Switzerland); Hawley & Hazel Chemical Company (HK) Limited (Hong Kong); Hawley & Hazel Chemical Company (Zhongshou) Limited (China); Hawley & Hazel Chemical (Taiwan) Corporation Ltd.; Hill's Pet Nutrition, Inc.; Hill's Pet Nutrition Indiana, Inc.; Hill's Pet Nutrition Limited (U.K.); Hill's Pet Nutrition Sales, Inc.; Hill's Pet Nutrition Manufacturing, B.V. (Netherlands); Hill's Pet Nutrition SNC (France); Hill's Pet Products, Inc.; Hill's-Colgate (Japan) Ltd.; Inmobiliara Hills, S.A. de C.V. (Mexico); Kolynos Corporation; Mission Hills, S.A. de C.V. (Mexico); Norwood International Incorporated; Softsoap Enterprises, Inc.
Principal Competitors: The Procter & Gamble Company; Unilever; The Clorox Company; S.C. Johnson & Son, Inc.; The Gillette Company; Johnson & Johnson; Alberto-Culver Company; Reckitt Benckiser plc; Sara Lee Corporation; Church & Dwight Co., Inc.; The Dial Corporation
OVERALL
Beta: 0.50
Market Cap (Mil.): $41,335.99
Shares Outstanding (Mil.): 488.89
Annual Dividend: 2.32
Yield (%): 2.74
FINANCIALS
CL Industry Sector
P/E (TTM): 17.66 33.09 20.77
EPS (TTM): 17.08 -- --
ROI: 35.39 39.38 8.14
ROE: 98.82 60.27 14.59
Statistics:
Public Company
Incorporated: 1806 as The Colgate Company
Employees: 36,000
Sales: $10.58 billion (2004)
Stock Exchanges: New York Euronext Frankfurt London Zurich
Ticker Symbol: CL
NAIC: 311111 Dog and Cat Food Manufacturing; 325611 Soap and Other Detergent Manufacturing; 325612 Polish and Other Sanitation Good Manufacturing; 325620 Toilet Preparation Manufacturing; 325998 All Other Miscellaneous Chemical Product and Preparation Manufacturing; 335211 Electric Housewares and Household Fan Manufacturing; 339994 Broom, Brush, and Mop Manufacturing
Key Dates:
1806: Company is founded by William Colgate in New York to make starch, soap, and candles.
1857: After founder's death, company becomes known as Colgate & Company.
1873: Toothpaste is first marketed.
1896: Collapsible tubes for toothpaste are introduced.
1898: B.J. Johnson Soap Company (later renamed Palmolive Company) introduces Palmolive soap.
1910: Colgate moves from original location to Jersey City, New Jersey.
1926: Palmolive merges with Peet Brothers, creating Palmolive-Peet Company.
1928: Colgate and Palmolive-Peet merge, forming Colgate-Palmolive-Peet Company.
1947: Fab detergent and Ajax cleanser are introduced.
1953: Company changes its name to Colgate-Palmolive Company.
1956: Corporate headquarters shifts back to New York.
1966: Palmolive dishwashing liquid is introduced.
1967: Sales top $1 billion.
1968: Colgate toothpaste is reformulated with fluoride; Ultra Brite is introduced.
1976: Hill's Pet Products is purchased.
1987: The Softsoap brand of liquid soap is acquired.
1992: The Mennen Company is acquired; Total toothpaste is introduced overseas.
1995: Latin American firm Kolynos Oral Care is acquired; Colgate-Palmolive undergoes major restructuring.
1997: Total toothpaste is launched in the United States; Colgate takes lead in domestic toothpaste market.
2004: Company acquires European oral care firm GABA Holding AG; major restructuring is launched.
Name Age Since Current Position
Cook, Ian 58 2009 Chairman of the Board, President, Chief Executive Officer
Tangney, Michael 66 2009 Vice Chairman
Hickey, Dennis 62 2011 Chief Financial Officer
Skala, Justin 51 2009 President - Colgate, Latin America
Samuel, Derrick 54 2009 President - Colgate, Greater Asia
de Guillenchmidt, Alexandre 65 2009 President - Colgate, Europe
Wallace, Noel 46 2009 President - Colgate North America and Global Sustainability
Hendry, Andrew 63 2007 Senior Vice President, General Counsel, Secretary
Thompson, Delia 61 2010 Senior Vice President - Investor Relations
Huston, John 56 2010 Senior Vice President - Office of the Chairman
Williamson, Francis 63 2010 Vice President - Finance and Strategic Planning, Latin America
Woodson, Gregory 59 2007 Vice President, Chief Ethics and Compliance Officer
Paik, Elaine 46 2009 Vice President, Corporate Treasurer
Dolan, Victoria 51 2011 Vice President, Corporate Controller
Ramundo, Katherine 43 2011 Vice President, Deputy General Counsel - Specialty Groups and North America and Assistant Secretary
Marsili, Daniel 50 2005 Vice President - Global Human Resources
Martin, Ronald 62 2001 Vice President - Global Social Social Responsibility
Erezuma, Hector 66 2005 Vice President - Taxation
Nelson, Rosemary 63 2010 Vice President, Deputy General Counsel, Operations and South Pacific
Moison, Franck 57 2009 Chief Operating Officer - Emerging Markets
Garcia, Fabian 51 2009 Chief Operating Officer, Europe, Global Marketing, Customer Development, Supply Chain and Technology
Thompson, Neil 55 2009 President, Chief Executive Officer of Hill’s Pet Nutrition, Inc
Hancock, Ellen 68 1988 Independent Director
Johnson, David 78 1991 Independent Director
Kogan, Richard 69 1996 Independent Director
Lewis, Delano 72 2001 Independent Director
Cahill, John 53 2005 Independent Director
Reinhard, J. Pedro 65 2006 Independent Director
Sadove, Stephen 59 2007 Independent Director
Gayle, Helene 55 2010 Independent Director
Jimenez, Joseph 51 2010 Independent Director
Address:
300 Park Avenue
New York, New York 10022-7499
U.S.A.
Colgate-Palmolive Company (Colgate), incorporated in 1923, is a consumer products company. Colgate’s products are marketed in over 200 countries and territories. The Company manages its business in two product segments: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care segment is operated through four operating segments: North America, Latin America, Europe/South Pacific and Greater Asia/Africa, all of which sell to a variety of retail and wholesale customers and distributors. During the year ended December 31, 2010, the revenues of Oral, Personal and Home Care products accounted for 43%, 22% and 22%, respectively, of its total revenues. During 2010, the revenues of Pet Nutrition products accounted for 13% of the Company’s total revenues.
Colgate’s Oral Care products include Colgate Total and Colgate Max Fresh toothpastes, Colgate 360 manual toothbrushes and Colgate and Colgate Plax mouth rinses. Its Oral Care business also includes dental floss and pharmaceutical products for dentists and other oral health professionals. The Company’s Personal Care products include Palmolive and Softsoap brand shower gels, Palmolive, Irish Spring and Protex bar soaps and Speed Stick and Lady Speed Stick deodorants and antiperspirants. Colgate’s Personal Care business outside the United States also includes Palmolive and Caprice shampoo and conditioners. Colgate manufactures and markets an array of products for Home Care, including Palmolive and Ajax dishwashing liquids, Fabuloso and Ajax household cleaners, and Murphy’s Oil Soap. Colgate’s barnds in fabric conditioners include Suavitel in Latin America and Soupline in Europe.
North America
During 2010, Oral care products in North America included Colgate Triple Action, Colgate Sensitive MultiProtection and Colgate Total toothpastes, Colgate 360 ActiFlex, Colgate Max White and Colgate Extra Clean manual toothbrushes and the Colgate Wisp mini-brush. Its other categories products in North America included Softsoap Body Butter Mega Moisture and Irish Spring Intensify body washes, Speed Stick Stainguard deodorant and Fabuloso Aroma Sensations liquid cleaner.
Latin America
During 2010, the Company’s Oral care in Latin America included Colgate Sensitive Pro-Relief and Colgate Total toothpastes, Colgate 360 ActiFlex, Colgate Twister and Colgate Zig Zag manual toothbrushes and Colgate Plax Whitening Tartar Control and Colgate Plax Complete Care mouthwashes. Its products in other categories in Latin America included Palmolive Naturals Yogurt and Almond Oil and Palmolive Natural Perfect Tone bar soaps, Lady Speed Stick Waterproof and Speed Stick Extreme deodorants and Protex Propolis bar soap.
Europe/South Pacific
During 2010, the Company’s Oral care in Europe/South Pacific included Colgate Sensitive Pro-Relief, Colgate Sensitive Pro-Relief Whitening, elmex Sensitive Professional and Colgate Max White One toothpastes, Colgate 360 ActiFlex manual toothbrush, Colgate 360 ActiFlex Sonic Power battery powered toothbrush and Colgate Plax Ice mouth rinse. Its products in other categories in Europe/South Pacific included Palmolive Nutra-Fruit shower creme and the Natura Verde line of home care products.
Greater Asia/Africa
During 2010, the Company’s Oral care in Greater Asia/Africa included Colgate Sensitive Pro-Relief, Colgate Sensitive Pro-Relief Whitening, Colgate Total and Colgate Herbal Salt toothpastes, Colgate 360 ActiFlex, Colgate Massager and Colgate Twister Gum Care manual toothbrushes and Colgate Plax Complete Care mouthwash. Its products in other categories in Greater Asia/Africa included Lady Speed Stick Breathing Skin and Mennen Speed Stick Breathe and Protect deodorants.
Hill’s Pet Nutrition
Colgate, through its Hill’s Pet Nutrition segment (Hill’s), markets specialty pet nutrition products for dogs and cats with products marketed in over 95 countries. Hill’s markets pet foods primarily under two brand names: Hill’s Science Diet, which is sold by authorized pet supply retailers and veterinarians for everyday nutritional needs, and Hill’s Prescription Diet, a range of therapeutic products sold by veterinarians and authorized pet supply retailers to help nutritionally manage disease conditions in dogs and cats. During 2010, the Company’s new products within the United States included Science Diet Small and Toy Breed Canine, Science Diet Healthy Mobility Canine, Science Diet Weight Loss System and Prescription Diet Therapeutic Weight Reduction Program. During 2010, its products contributing to international sales included Science Diet Small and Toy Breed Canine, Science Diet Senior Advanced Canine and Feline, Science Plan Sterilized Cat and Science Plan VetEssentials Canine and Feline.
Although revenues increased another 7 percent in 2004, topping the $10 billion mark for the first time, profits fell 7 percent, to $1.33 billion. Intense global competition--particularly from a resurgent Procter & Gamble--forced Colgate to allocate additional money for advertising, and the firm also had to contend with increased raw material and packaging costs and the growing power of discount retailers such as Wal-Mart Stores, Inc. who were forcing consumer product makers to hold the line on price increases. To free up funds for marketing initiatives and new product development efforts, Colgate launched a sweeping restructuring in December 2004, its first major overhaul since 1995. The latest reorganization, a four-year program, aimed to generate between $250 million and $300 million in after-tax cost savings by 2008 by closing 26 of the firm's 78 factories around the world and eliminating about 12 percent of the workforce, or more than 4,400 jobs. Cumulative after-tax restructuring charges of between $550 million and $650 million were anticipated. As part of the restructuring, further divestments of noncore lines were very possible. As Colgate continued to deemphasize its detergent business, it seemed likely to seek buyers for its Fab and Ajax brands. Just as the restructuring began, however, Colgate faced the prospect of an even more formidable chief foe. Procter & Gamble reached an agreement to acquire The Gillette Company in January 2005 for $57 billion, which would add Gillette's Oral-B toothbrushes and toothpastes to P&G's Crest line. This deal was likely to compound the competitive pressures that Colgate-Palmolive faced, making the successful implementation of the restructuring that much more important.
Principal Subsidiaries: Colgate Flavors and Fragrances, Inc.; Colgate (Guangzhou) Co. Ltd. (China); Colgate Oral Pharmaceuticals, Inc.; Colgate-Palmolive (America), Inc.; Colgate-Palmolive (Asia) Pte. Ltd. (Singapore); Colgate-Palmolive Argentina S.A.; Colgate-Palmolive A/S (Denmark); Colgate-Palmolive Belgium S.A./N.V.; Colgate-Palmolive Beteiligungsgesellschaft mbH (Germany); Colgate-Palmolive Canada, Inc.; Colgate-Palmolive (Central America), Inc.; Colgate-Palmolive (Centro America) S.A. (Guatemala); Colgate-Palmolive Chile S.A.; Colgate-Palmolive Cia.; Colgate-Palmolive (Hellas) S.A.I.C. (Greece); Colgate-Palmolive Compania Anonima (Venezuela); Colgate-Palmolive Company, Distr. (Puerto Rico); Colgate-Palmolive del Ecuador S.A.I.C.; Colgate-Palmolive de Puerto Rico, Inc.; Colgate-Palmolive Deutschland Holding GmbH (Germany); Colgate-Palmolive (Dominican Republic), Inc.; Colgate-Palmolive (Eastern) Pte. Ltd. (Singapore); Colgate-Palmolive España, S.A./N.V. (Spain); Colgate-Palmolive Europe S.A. (Belgium); Colgate-Palmolive Europe Sarl (Switzerland); Colgate-Palmolive G.m.b.H. (Germany); Colgate-Palmolive (Guangzhou) Co., Ltd. (China); Colgate-Palmolive (H.K.) Ltd. (Hong Kong); Colgate-Palmolive Holding Inc.; Colgate-Palmolive Holdings (UK) Limited; Colgate-Palmolive Holding S. Com. p.a. (Spain); Colgate-Palmolive Inc. S.A. (Uruguay); Colgate-Palmolive (India) Limited; Colgate-Palmolive Industria e Comercio Ltda. (Brazil); Colgate-Palmolive Industrial Unipessoal, Lda. (Portugal); Colgate-Palmolive International LLC; Colgate-Palmolive Investments, Inc.; Colgate-Palmolive Ltd. (New Zealand); Colgate-Palmolive (Malaysia) Sdn Bhd; Colgate-Palmolive (Marketing) Sdn Bhd (Malaysia); Colgate-Palmolive Nederland BV (Netherlands); Colgate-Palmolive Norge A/S (Norway); Colgate-Palmolive Philippines, Inc.; Colgate-Palmolive (Poland) Sp. z 0.0.; Colgate-Palmolive Pty Limited (Australia); Colgate-Palmolive (Pty) Limited (South Africa); Colgate-Palmolive Services, S.A. (France); Colgate-Palmolive, S.A. de C.V. (Mexico); Colgate-Palmolive S.p.A. (Italy); Colgate-Palmolive Temizlik Urunleri Sanayi ve Ticaret, A.S. (Turkey); Colgate-Palmolive (Thailand) Ltd.; Colgate Sanxiao Company Limited (China); Cotelle S.A. (France); CPIF Venture, Inc.; GABA Holdings Delaware, LLC; GABA Holding A.G. (Switzerland); Hawley & Hazel Chemical Company (HK) Limited (Hong Kong); Hawley & Hazel Chemical Company (Zhongshou) Limited (China); Hawley & Hazel Chemical (Taiwan) Corporation Ltd.; Hill's Pet Nutrition, Inc.; Hill's Pet Nutrition Indiana, Inc.; Hill's Pet Nutrition Limited (U.K.); Hill's Pet Nutrition Sales, Inc.; Hill's Pet Nutrition Manufacturing, B.V. (Netherlands); Hill's Pet Nutrition SNC (France); Hill's Pet Products, Inc.; Hill's-Colgate (Japan) Ltd.; Inmobiliara Hills, S.A. de C.V. (Mexico); Kolynos Corporation; Mission Hills, S.A. de C.V. (Mexico); Norwood International Incorporated; Softsoap Enterprises, Inc.
Principal Competitors: The Procter & Gamble Company; Unilever; The Clorox Company; S.C. Johnson & Son, Inc.; The Gillette Company; Johnson & Johnson; Alberto-Culver Company; Reckitt Benckiser plc; Sara Lee Corporation; Church & Dwight Co., Inc.; The Dial Corporation
OVERALL
Beta: 0.50
Market Cap (Mil.): $41,335.99
Shares Outstanding (Mil.): 488.89
Annual Dividend: 2.32
Yield (%): 2.74
FINANCIALS
CL Industry Sector
P/E (TTM): 17.66 33.09 20.77
EPS (TTM): 17.08 -- --
ROI: 35.39 39.38 8.14
ROE: 98.82 60.27 14.59
Statistics:
Public Company
Incorporated: 1806 as The Colgate Company
Employees: 36,000
Sales: $10.58 billion (2004)
Stock Exchanges: New York Euronext Frankfurt London Zurich
Ticker Symbol: CL
NAIC: 311111 Dog and Cat Food Manufacturing; 325611 Soap and Other Detergent Manufacturing; 325612 Polish and Other Sanitation Good Manufacturing; 325620 Toilet Preparation Manufacturing; 325998 All Other Miscellaneous Chemical Product and Preparation Manufacturing; 335211 Electric Housewares and Household Fan Manufacturing; 339994 Broom, Brush, and Mop Manufacturing
Key Dates:
1806: Company is founded by William Colgate in New York to make starch, soap, and candles.
1857: After founder's death, company becomes known as Colgate & Company.
1873: Toothpaste is first marketed.
1896: Collapsible tubes for toothpaste are introduced.
1898: B.J. Johnson Soap Company (later renamed Palmolive Company) introduces Palmolive soap.
1910: Colgate moves from original location to Jersey City, New Jersey.
1926: Palmolive merges with Peet Brothers, creating Palmolive-Peet Company.
1928: Colgate and Palmolive-Peet merge, forming Colgate-Palmolive-Peet Company.
1947: Fab detergent and Ajax cleanser are introduced.
1953: Company changes its name to Colgate-Palmolive Company.
1956: Corporate headquarters shifts back to New York.
1966: Palmolive dishwashing liquid is introduced.
1967: Sales top $1 billion.
1968: Colgate toothpaste is reformulated with fluoride; Ultra Brite is introduced.
1976: Hill's Pet Products is purchased.
1987: The Softsoap brand of liquid soap is acquired.
1992: The Mennen Company is acquired; Total toothpaste is introduced overseas.
1995: Latin American firm Kolynos Oral Care is acquired; Colgate-Palmolive undergoes major restructuring.
1997: Total toothpaste is launched in the United States; Colgate takes lead in domestic toothpaste market.
2004: Company acquires European oral care firm GABA Holding AG; major restructuring is launched.
Name Age Since Current Position
Cook, Ian 58 2009 Chairman of the Board, President, Chief Executive Officer
Tangney, Michael 66 2009 Vice Chairman
Hickey, Dennis 62 2011 Chief Financial Officer
Skala, Justin 51 2009 President - Colgate, Latin America
Samuel, Derrick 54 2009 President - Colgate, Greater Asia
de Guillenchmidt, Alexandre 65 2009 President - Colgate, Europe
Wallace, Noel 46 2009 President - Colgate North America and Global Sustainability
Hendry, Andrew 63 2007 Senior Vice President, General Counsel, Secretary
Thompson, Delia 61 2010 Senior Vice President - Investor Relations
Huston, John 56 2010 Senior Vice President - Office of the Chairman
Williamson, Francis 63 2010 Vice President - Finance and Strategic Planning, Latin America
Woodson, Gregory 59 2007 Vice President, Chief Ethics and Compliance Officer
Paik, Elaine 46 2009 Vice President, Corporate Treasurer
Dolan, Victoria 51 2011 Vice President, Corporate Controller
Ramundo, Katherine 43 2011 Vice President, Deputy General Counsel - Specialty Groups and North America and Assistant Secretary
Marsili, Daniel 50 2005 Vice President - Global Human Resources
Martin, Ronald 62 2001 Vice President - Global Social Social Responsibility
Erezuma, Hector 66 2005 Vice President - Taxation
Nelson, Rosemary 63 2010 Vice President, Deputy General Counsel, Operations and South Pacific
Moison, Franck 57 2009 Chief Operating Officer - Emerging Markets
Garcia, Fabian 51 2009 Chief Operating Officer, Europe, Global Marketing, Customer Development, Supply Chain and Technology
Thompson, Neil 55 2009 President, Chief Executive Officer of Hill’s Pet Nutrition, Inc
Hancock, Ellen 68 1988 Independent Director
Johnson, David 78 1991 Independent Director
Kogan, Richard 69 1996 Independent Director
Lewis, Delano 72 2001 Independent Director
Cahill, John 53 2005 Independent Director
Reinhard, J. Pedro 65 2006 Independent Director
Sadove, Stephen 59 2007 Independent Director
Gayle, Helene 55 2010 Independent Director
Jimenez, Joseph 51 2010 Independent Director
Address:
300 Park Avenue
New York, New York 10022-7499
U.S.A.