Financial Highlights
| (Dollars in MM Except Per Share Amounts) | 2021 | 2020 | Change |
|---|---|---|---|
| Worldwide Net Sales | $17,421 | $16,471 | +6.0% |
| Organic Sales Growth | +4.5% | ||
| Gross Profit Margin | 59.6% | 60.8% | -120 basis points |
| Operating Profit* | $3,332 | $3,885 | -14% |
| Operating Profit Margin* | 19.1% | 23.6% | -450 basis points |
| Net Income Attributable to Colgate-Palmolive Company** | $2,166 | $2,695 | -20% |
| Diluted Earnings Per Share** | $2.55 | $3.14 | -19% |
| Dividends Paid Per Share | $1.79 | $1.75 | +2% |
| Operating Cash Flow | $3,325 | $3,719 | -11% |
| Year-end Stock Price | $85.34 | $85.51 | 0% |
*2021 includes goodwill and indefinite-lived intangible asset impairment charges and a benefit from a value-added tax matter in Brazil. 2020 includes benefits related to the Global Growth and Efficiency Program 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.
**2021 includes goodwill and indefinite-lived intangible asset impairment charges, a loss on early extinquishment of debt and a benefit from a value-added tax matter in Brazil. 2020 includes 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. 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) 2017- 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) 2021 excludes goodwill and indefinite-lived intangible asset impairment charges, a loss on early extinguishment of debt and a benefit from a value-added tax matter in Brazil. 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. . For a complete reconciliation between reported results (GAAP) and results excluding these items (non-GAAP), including a description of such items, please click here.
