Clorox (CLX) FY2023 results: revenue $7.4 billion, up 4.0% on the year
Clorox Co. (CLX) reported revenue of $7.4 billion for fiscal 2023, the year ended 30 June 2023, up 4.0% on the year before. Net income was $149 million, down 67.7%, and diluted earnings per share $1.20. The figures are the company's own, from the 10-K it filed with the SEC on 10 August 2023.
Revenue
$7.4 billion
+4.0% on the year
FY2016FY2023
Operating margin
n/a
FY2016FY2023
Net income
$149 million
-67.7% on the year
FY2016FY2023
Diluted EPS
$1.20
-67.8% on the year
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
1,158
786
1,276
+47.3%
Capital expenditure
228
251
331
-9.2%
Free cash flow
930
535
945
+73.8%
Free cash flow margin
12.6%
7.5%
12.9%
Cash from investing
-223
-229
-452
Cash from financing
-753
-689
-1,391
Depreciation and amortisation
236
224
211
+5.4%
Share-based compensation
73.0
52.0
50.0
+40.4%
Buybacks
0.0
25.0
905
Dividends paid
583
571
558
+2.1%
Dividend per share
$4.72
$3.48
$4.49
+35.6%
Diluted shares, weighted
124m
124m
127m
+0.2%
Shares outstanding at period end
124m
123m
123m
+0.5%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
220
556
411
-60.4%
Non-controlling interest
168
173
181
-2.9%
Debt
2,527
2,711
2,784
-6.8%
Operating lease liabilities
310
314
301
-1.3%
Finance lease liabilities
21.0
13.0
15.0
+61.5%
Other liabilities
2,699
2,391
2,642
+12.9%
Total liabilities and equity
5,945
6,158
6,334
-3.5%
Fixed assets
1,345
1,334
1,302
+0.8%
Goodwill
1,252
1,558
1,575
-19.6%
Intangible assets
712
884
918
-19.5%
Cash and equivalents
367
183
319
+100.5%
Receivables
688
681
604
+1.0%
Inventory
696
755
752
-7.8%
Other assets
885
763
864
+16.0%
Total assets
5,945
6,158
6,334
-3.5%
10-K for the year ended 30 June 2023, filed 10 August 2023: the filing.