Financial Highlights
| (Dollars in Millions Except Per Share Amounts) | 2020 | 2019 | Change |
| Worldwide Net Sales | $16,471 | $15,693 | +5.0% |
| Organic Sales Growth | +7.0% | ||
| Gross Profit Margin | 60.8% | 59.4% | +140 basis points |
| Operating Profit* | $3,885 | $3,554 | +9% |
| Operating Profit Margin* | 23.6% | 22.6% | +100 basis points |
| Net Income Attributable to Colgate-Palmolive Company** | $2,695 | $2,367 | +14% |
| Diluted Earnings Per Share** | $3.14 | $2.75 | +14% |
| Dividends Paid Per Share | $1.75 | $1.71 | +2% |
| Operating Cash Flow | $3,719 | $3,133 | +19% |
| Year-end Stock Price | $85.51 | $68.84 | +24% |
*2020 includes benefits related to the Global Growth and Efficiency Program and acquisition-related costs. 2019 includes charges related to the Global Growth and Efficiency Program, a benefit from a value-added tax matter in Brazil and acquisition-related costs. For a complete reconciliation between reported results (GAAP) and results excluding these items (non-GAAP), including a description of such items, please click here.
**2020 includes benefits related to the Global Growth and Efficiency Program, a benefit related to subsidiary and operating structure initiatives, a loss on early extinguishment of debt and acquisition-related costs. 2019 includes charges related to the Global Growth and Efficiency Program, a benefit from Swiss income tax reform, a benefit from a value-added tax matter in Brazil and acquisition-related costs. For a complete reconciliation between reported results (GAAP) and results excluding these items (non-GAAP), including a description of such items, please click here.
(1) 2016 - 2019 exclude charges related to the Global Growth and Efficiency Program. For a complete reconciliation between reported results (GAAP) and results excluding this item (non-GAAP), please click here.
(2) 2020 excludes benefits related to the Global Growth and Efficiency Program, a benefit related to subsidiary and operating structure inititatives, a loss on early extinguishment of debt and acquisition-related costs. 2019 excludes charges related to the Global Growth and Efficiency Program, a benefit from Swiss income tax reform, a benefit from a value-added tax matter in Brazil and acquisition-related costs. 2018 excludes charges related to the Global Growth and Efficiency Program, a benefit from a foreign tax matter and charges related to U.S. tax reform. 2017 excludes charges related to the Global Growth and Efficiency Program and a provisional charge related to U.S. tax reform. 2016 excludes a gain from the sale of land in Mexico, charges related to the Global Growth and Efficiency Program and certain other items. For a complete reconciliation between reported results (GAAP) and results excluding these items (non-GAAP), including a description of such items, please click here.
