Revenue Growth Remains Steady
CHD grew revenue 1.6% year-over-year to $6.20B in FY2025, reflecting continued demand across its consumer product portfolio despite a modest top-line expansion environment.
来源: 10-K Income Statement
该报告暂无中文版，以下为英文版分析。
按公开的固定规则计算，不是模型的主观判断——但其中一项输入（高等级风险的条数）取自下方的 AI 分析。
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AI核心结论
CHD delivered strong FY2025 earnings growth with net income up 25.9% to $736.8M and EPS of $3.02 diluted, driven by a 33.5% surge in operating income, even as gross margin edged down slightly and the company deployed $900M in share buybacks.
营收
62.03亿美元
同比 +1.57%
每股收益（稀释）
3.02美元
同比 +27.43%
毛利率
44.7%
同比 -1.0 个百分点
营业利润
10.78亿美元
同比 +33.52%
SEC XBRL 原值
Church & Dwight (CHD) FY2025 营收 62.03亿美元，同比增长 1.6%。 营业利润率 17.4%，较去年同期的 13.2% 扩大 4.2 个百分点。 经营活动现金流 12.15亿美元，同比增长 5.1%。
近 4 个季度：3 次超预期
| 季度 | 实际 EPS（美元） | 市场预期（美元） | 结果 |
|---|---|---|---|
| 2026年6月 | 0.89 | 0.91 | 不及预期 -1.7% |
| 2026年3月 | 0.95 | 0.94 | 超预期 +1.0% |
| 2025年12月本次财报 | 0.86 | 0.84 | 超预期 +1.8% |
| 2025年9月 | 0.81 | 0.74 | 超预期 +8.8% |
2025年12月 实际 EPS 0.86美元，分析师一致预期 0.84美元，超预期 +1.8%。
由 AI 基于本次 SEC 报告整理
CHD grew revenue 1.6% year-over-year to $6.20B in FY2025, reflecting continued demand across its consumer product portfolio despite a modest top-line expansion environment.
来源: 10-K Income Statement
Operating income jumped from $807.1M to $1,077.6M, with operating margin expanding 420 basis points to 17.4%, suggesting meaningful improvement in operational efficiency or one-time cost reductions relative to the prior year.
来源: 10-K Income Statement
Gross margin declined approximately 95 basis points to 44.7% as cost of revenue rose 3.4%—faster than revenue growth of 1.6%—indicating input cost pressures or unfavorable product mix that partially offset top-line gains.
来源: 10-K Income Statement & Key Ratios
CHD executed $900M in share repurchases in FY2025 (versus $0 in the prior year) and paid $287.2M in dividends, resulting in total capital returns of approximately $1.19B, which contributed to a 57.6% decline in cash and equivalents to $409M.
来源: 10-K Cash Flow Statement
SG&A expenses rose 6.5% to $988.3M, growing faster than revenue, which could reflect increased marketing investment or higher administrative costs; however, the sharp operating income improvement suggests other cost lines were well-controlled.
来源: 10-K Income Statement
由 AI 基于本次 SEC 报告整理 · 高 1 中 4 低 0
Cash and equivalents fell 57.6% to $409M following $900M in share buybacks and $287.2M in dividends. With current liabilities of $1.50B and a current ratio of only 1.07, the company's short-term liquidity buffer is thin and leaves limited room for unexpected cash needs.
来源: 10-K Balance Sheet & Cash Flow Statement
Cost of revenue grew 3.4% versus revenue growth of 1.6%, compressing gross margin by ~95 basis points to 44.7%. Sustained input cost inflation or adverse product mix could further erode profitability if pricing power is insufficient to offset these pressures.
来源: 10-K Income Statement & Key Ratios
Total liabilities increased 8.6% to $4.91B while stockholders' equity declined 8.2% to $4.00B, pushing the debt-to-equity ratio to 1.23. Long-term debt remained essentially flat at $2.21B, but the deteriorating equity base increases financial leverage risk.
来源: 10-K Balance Sheet & Key Ratios
SG&A expenses grew 6.5% to $988.3M, outpacing revenue growth of 1.6%, which could signal structural cost creep in marketing or administrative functions. If this trend continues without commensurate revenue acceleration, it could weigh on future operating margins.
来源: 10-K Income Statement
Investing cash outflows surged to -$616.9M from -$183.3M in the prior year, a 236.6% increase, suggesting significant capital expenditure or acquisition activity. Combined with the large financing outflows, this has materially reduced the company's cash position.
来源: 10-K Cash Flow Statement
| 指标 | 当期 | 上期 | 同比变化 |
|---|---|---|---|
营收 亿美元 | 62.03 亿美元 | 61.07 亿美元 | +1.57% |
营业成本 亿美元 | 34.28 亿美元 | 33.17 亿美元 | +3.36% |
毛利润 亿美元 | 27.75 亿美元 | 27.90 亿美元 | -0.55% |
营业利润 亿美元 | 10.78 亿美元 | 8.07 亿美元 | +33.52% |
净利润 亿美元 | 7.37 亿美元 | 5.85 亿美元 | +25.88% |
每股收益（基本） 美元 | 3.04 美元 | 2.39 美元 | +27.20% |
每股收益（稀释） 美元 | 3.02 美元 | 2.37 美元 | +27.43% |
研发费用 亿美元 | 1.46 亿美元 | 1.40 亿美元 | +4.22% |
销售及管理费用 亿美元 | 9.88 亿美元 | 9.28 亿美元 | +6.52% |
答案基于本次 SEC 报告与本页数据