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CLXThe Clorox Company
$97.25$11.8B
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  4. Financial Ratios

The Clorox Company (CLX) Financial Ratios

Latest Ratios: P/E Ratio 14.9x · EV/EBITDA 10.4x · ROE 166.3%. (1996–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

CLX Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$11.8B$14.9B$17.0B$19.7B$17.5B$22.9B$28.0B$19.9B$17.8B$17.5B$18.2B
Enterprise Value$14.5B$17.6B$19.7B$22.3B$20.4B$25.7B$30.3B$22.4B$20.1B$19.3B$20.1B
P/E Ratio →14.9218.4260.65132.5337.8032.2429.8524.2321.6425.0028.13
P/S Ratio1.662.102.402.672.463.124.173.202.912.933.16
P/B Ratio25.0830.9634.6250.9023.9638.6930.8435.5524.5132.3461.37
P/FCF15.4519.6135.2621.2432.6524.2421.6825.2822.8227.5230.08
P/OCF11.9915.2124.5117.0622.2217.9518.1220.0318.2720.2023.43

P/E links to full P/E history page with 30-year chart

CLX EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—2.482.783.022.873.514.503.613.293.233.50
EV / EBITDA10.3512.6217.1420.9822.1617.7820.9517.4115.5915.0216.33
EV / EBIT12.2714.9639.3965.4228.9625.9323.6820.1317.9117.3218.91
EV / FCF—23.1740.8623.9938.1127.2523.4228.5625.8330.3133.23

CLX Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin45.0%45.0%42.6%38.9%35.0%43.3%45.4%43.6%43.5%44.6%45.2%
Operating Margin16.6%16.6%12.9%11.2%9.8%16.9%18.8%17.8%18.4%18.8%18.5%
Net Profit Margin11.4%11.4%3.9%2.0%6.5%9.7%14.0%13.2%13.4%11.7%11.2%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE166.3%166.3%63.6%26.7%69.9%94.7%128.0%127.6%129.8%167.1%312.3%
ROA14.3%14.3%4.8%2.5%7.4%11.3%16.6%16.1%17.1%15.4%14.9%
ROIC27.7%27.7%22.4%18.8%14.7%28.1%30.2%26.7%31.3%37.2%38.7%
ROCE30.2%30.2%22.3%19.7%16.1%27.3%29.9%29.4%34.0%39.2%37.3%

CLX Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity5.985.985.907.544.265.353.444.803.424.057.78
Debt / EBITDA2.062.062.522.753.372.192.162.081.921.711.88
Net Debt / Equity—5.635.496.594.014.812.484.603.243.286.43
Net Debt / EBITDA1.941.942.352.413.171.971.562.001.821.381.55
Debt / FCF—3.575.592.755.463.011.743.273.022.793.15
Interest Coverage11.6711.674.863.317.2610.6813.7412.2514.2413.6012.99

CLX Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio0.840.841.030.950.970.891.420.911.090.840.95
Quick Ratio0.570.570.630.590.540.521.100.550.670.580.67
Cash Ratio0.090.090.130.190.100.160.610.080.110.230.26
Asset Turnover—1.281.231.241.151.161.081.211.211.311.28
Inventory Turnover7.487.486.396.496.115.538.086.846.847.207.13
Days Sales Outstanding—42.1835.7633.9934.9730.0335.1937.0635.7634.5336.05

CLX Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield5.0%4.0%3.5%3.0%3.3%2.4%1.9%2.5%2.5%2.4%2.2%
Payout Ratio74.3%74.3%212.5%391.3%123.6%78.6%56.8%59.8%54.7%58.8%61.4%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield6.7%5.4%1.6%0.8%2.6%3.1%3.4%4.1%4.6%4.0%3.6%
FCF Yield6.5%5.1%2.8%4.7%3.1%4.1%4.6%4.0%4.4%3.6%3.3%
Buyback Yield2.8%2.2%0.0%0.0%0.1%4.0%0.9%3.3%1.5%1.0%1.4%
Total Shareholder Yield7.8%6.3%3.5%3.0%3.4%6.4%2.8%5.8%4.1%3.4%3.6%
Shares Outstanding—$124M$125M$124M$124M$127M$128M$130M$132M$132M$132M

Key Metrics

Growth RegimeMixed
ProfitabilityStrained
Balance SheetVulnerable
Cash FlowDeteriorating
Top Statement Risk

Excessive leverage and liquidity

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q3)

Defensive Premium Faces Valuation Headwinds

According to current market data, CLX trades at a P/E of 14.96, which appears to discount the company's historical defensive premium when compared to the significantly higher 32.91 P/E multiple commanded by Church & Dwight, suggesting market skepticism regarding the durability of Clorox's long-term growth trajectory.

The current valuation multiples imply that investors are pricing in a lower growth profile than the company's historical averages might suggest. Given the volatility in recent earnings and the erosion of the equity base, the current P/E may not fully reflect the risks associated with the company's elevated debt levels and inconsistent cash flow generation.

Capital Efficiency Trends Show Decay

Based on reported financial statements, the company's ROIC has trended downward from 10.4% in 2025Q4 to 6.8% in 2026Q3, indicating that the firm is struggling to generate adequate returns on its invested capital as it navigates a challenging post-cyberattack operational environment and persistent inflationary cost pressures.

The decline in ROIC suggests that the company's core business units are failing to compound capital effectively, likely due to the combination of stagnant asset turnover and margin compression. This trend warrants further investigation into whether the current capital allocation strategy is prioritizing shareholder returns over the necessary reinvestment required to maintain its competitive moat.

Working Capital Management Remains Inconsistent

As reported in recent filings, the company's cash conversion cycle has exhibited extreme volatility, with the CCC shifting from -77 days in 2025Q3 to a lack of available data in 2026Q3, highlighting significant difficulties in optimizing inventory and accounts payable in the current retail environment.

The inability to maintain a stable cash conversion cycle suggests that the company's supply chain and trade credit management are under stress. Investors should monitor whether these inefficiencies are structural or temporary, as they directly impact the firm's ability to generate free cash flow during periods of high commodity price volatility.

Debt Burden Constrains Financial Flexibility

According to the latest quarterly data, the company's debt-to-equity ratio has surged to an alarming 48.76 in 2026Q3, a stark contrast to the 5.98 reported in 2025Q4, indicating that the firm's reliance on external financing has reached a level that may severely constrain future strategic initiatives.

This rapid escalation in leverage, coupled with a current ratio consistently below 1.0, suggests a vulnerable balance sheet that lacks the liquidity buffer typically expected of a consumer defensive firm. The company's interest coverage ratio, while currently positive, remains sensitive to any further deterioration in operating income, which could jeopardize its ability to service debt.

Misleading Reliance on Headline EPS

As reported in recent financial disclosures, the market's common reliance on headline EPS for Clorox is fundamentally flawed, as it obscures the significant volatility in net income and the impact of non-recurring items like the 2023 cybersecurity breach and ongoing restructuring charges.

Investors should instead focus on free cash flow conversion and normalized operating margins to gauge the true earning power of the business. Relying on EPS in this context ignores the underlying cash flow volatility and the erosion of the equity base, which are more critical indicators of the company's long-term financial health.

Download Financial Ratios Data

Includes 30+ ratios · 30 years · Updated daily

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CLX — Frequently Asked Questions

Quick answers to the most common questions about buying CLX stock.

What is The Clorox Company's P/E ratio?

The Clorox Company's current P/E ratio is 14.9x. The historical average is 32.9x. This places it at the 10th percentile of its historical range.

What is The Clorox Company's EV/EBITDA?

The Clorox Company's current EV/EBITDA is 10.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.6x.

What is The Clorox Company's ROE?

The Clorox Company's return on equity (ROE) is 166.3%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 115.9%.

Is CLX stock overvalued?

Based on historical data, The Clorox Company is trading at a P/E of 14.9x. This is at the 10th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is The Clorox Company's dividend yield?

The Clorox Company's current dividend yield is 4.98% with a payout ratio of 74.3%.

What are The Clorox Company's profit margins?

The Clorox Company has 45.0% gross margin and 16.6% operating margin. Operating margin between 10-20% is typical for established companies.

How much debt does The Clorox Company have?

The Clorox Company's Debt/EBITDA ratio is 2.1x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.