Colgate-Palmolive Company (CL) Balance Sheet

NYSE: CLAssets, liabilities, debt and equity over 10 years.

CL balance sheet, 2025

December 31, 2025 · U.S. dollars

$16.33B assets = $15.96B liabilities + $365.0M equity

Both columns are drawn to the same scale: what CL owns equals what it owes plus shareholders’ equity. Hover a block for its value.

CL financial health

Current ratio1.00

Tight · current assets cover current liabilities 1.00×

Debt / equity23.44

High leverage · $23.44 of debt for each $1 of equity

Equity / assets2.2%

Thin equity · of assets funded by shareholders

Cash / debt15.1%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles28.5%

Acquisition-heavy · of total assets

Descriptive bands, not a rating. Fiscal 2025.

CL balance sheet trends, 2016–2025

Colgate-Palmolive Company balance sheet trends
Metric	Then	Latest	Change
Total assets	$12.12B2016	$16.33B2025	+3.4%/yr
Total liabilities	$12.11B2016	$15.96B2025	+3.1%/yr
Shareholders’ equity	$17.0M2016	$365.0M2025	+40.6%/yr
Cash & short-term investments	$1.31B2016	$1.29B2025	−0.2%/yr
Total debt	$6.53B2016	$8.55B2025	+3.0%/yr
Net cash (debt)	−$5.22B2016	−$7.27B2025	−$2.0B
Working capital	$1.03B2016	−$27.0M2025	−$1.1B
Book value per share	$0.022016	$0.452025	+42.2%/yr
Current ratio	1.312016	1.002025	−0.32
Debt / equity	384.292016	23.442025	−360.86
Shares outstanding	898.4M2016	811.1M2025	−1.1%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

CL assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

CL liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

CL debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

CL balance sheet

Colgate-Palmolive Company annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	$1.29B	$1.26B	$966.0M	$775.0M	$832.0M	$888.0M	$883.0M	$726.0M	$1.53B	$1.31B
Cash & equivalents	$1.29B	$1.10B	$966.0M	$775.0M	$832.0M	$888.0M	$883.0M	$726.0M	$1.53B	$1.31B
Short-term investments	$107.0M	$160.0M	$179.0M	$175.0M	$34.0M	$37.0M	$23.0M	$10.0M	$14.0M	$71.0M
Receivables	$1.68B	$1.52B	$1.59B	$1.50B	$1.30B	$1.26B	$1.44B	$1.40B	$1.48B	$1.41B
Inventory	$2.03B	$1.99B	$1.93B	$2.07B	$1.69B	$1.67B	$1.40B	$1.25B	$1.22B	$1.17B
Other current assets	$714.0M	$553.0M	$793.0M	$760.0M	$576.0M	$513.0M	$456.0M	$417.0M	$403.0M	$441.0M
Total current assets	$5.71B	$5.32B	$5.28B	$5.11B	$4.40B	$4.34B	$4.18B	$3.79B	$4.64B	$4.34B
Property, plant & equipment (net)	$4.66B	$4.42B	$4.58B	$4.31B	$3.73B	$3.72B	$3.75B	$3.88B	$4.07B	$3.84B
Goodwill & intangible assets	$4.66B	$5.03B	$5.30B	$5.27B	$5.75B	$6.72B	$6.17B	$4.17B	$3.56B	$3.42B
Long-term investments	$0	$0	$0	$0	$0	$0	$54.0M	$46.0M	$42.0M	$39.0M
Other non-current assets	$1.30B	$1.28B	$1.24B	$1.04B	$1.17B	$1.15B	$876.0M	$274.0M	$364.0M	$486.0M
Total assets	$16.33B	$16.05B	$16.39B	$15.73B	$15.04B	$15.92B	$15.03B	$12.16B	$12.68B	$12.12B
Liabilities
Accounts payable	$2.09B	$1.80B	$1.70B	$1.55B	$1.48B	$1.39B	$1.24B	$1.22B	$1.21B	$1.12B
Short-term debt	$1.24B	$767.0M	$425.0M	$133.0M	$188.0M	$404.0M	$7.85B	$12.0M	$11.0M	$13.0M
Deferred revenue	—	—	$1.41B	—	−$1.67B	−$1.80B	−$1.24B	$538.0M	−$1.22B	$2.16B
Total current liabilities	$5.74B	$5.76B	$4.74B	$4.00B	$4.00B	$4.14B	$11.37B	$3.34B	$3.41B	$3.31B
Long-term debt	$7.32B	$7.29B	$8.64B	$9.14B	$7.25B	$7.33B	$7.33B	$6.35B	$6.57B	$6.52B
Lease obligations	$566.0M	$563.0M	$515.0M	$505.0M	$588.0M	$613.0M	$636.0M	—	—	—
Other long-term liabilities	$2.91B	$2.45B	$2.06B	$1.78B	$2.82B	$3.35B	$0	$2.27B	$2.46B	$2.28B
Total liabilities	$15.96B	$15.50B	$15.44B	$14.93B	$14.07B	$14.82B	$14.48B	$11.96B	$12.43B	$12.11B
Shareholders' equity
Common stock & paid-in capital	$1.47B	$1.47B	$1.47B	$1.47B	$1.47B	$1.47B	$1.47B	$1.47B	$3.45B	$3.16B
Retained earnings (deficit)	$26.59B	$26.14B	$25.29B	$24.57B	$24.35B	$23.70B	$22.50B	$21.61B	$20.53B	$19.92B
Treasury stock	—	—	—	—	−$24.09B	−$23.05B	−$22.06B	−$21.20B	−$20.18B	−$19.14B
Accumulated other comprehensive income	−$3.88B	−$4.22B	−$3.94B	−$4.05B	−$4.39B	−$4.34B	−$4.27B	−$4.19B	−$3.85B	−$4.18B
Minority interest	$311.0M	$332.0M	$348.0M	$405.0M	$362.0M	$358.0M	$441.0M	$299.0M	$303.0M	$260.0M
Total shareholders' equity	$365.0M	$544.0M	$957.0M	$806.0M	$971.0M	$1.10B	$558.0M	$197.0M	$243.0M	$17.0M
Key figures
Total debt	$8.55B	$8.51B	$9.06B	$9.27B	$7.43B	$7.74B	$15.18B	$6.37B	$6.58B	$6.53B
Net cash (debt)	−$7.27B	−$7.26B	−$8.10B	−$8.50B	−$6.60B	−$6.85B	−$14.30B	−$5.64B	−$5.04B	−$5.22B
Working capital	−$27.0M	−$442.0M	$538.0M	$1.11B	$397.0M	$201.0M	−$7.19B	$452.0M	$1.23B	$1.03B
Tangible book value	−$4.29B	−$4.48B	−$4.34B	−$4.47B	−$4.78B	−$5.62B	−$5.62B	−$3.97B	−$3.32B	−$3.40B
Book value per share	$0.45	$0.66	$1.15	$0.96	$1.14	$1.28	$0.65	$0.23	$0.27	$0.02
Shares outstanding	811.1M	822.5M	829.2M	838.8M	848.3M	859.3M	861.1M	873.0M	887.8M	898.4M
Current ratio	1.00	0.92	1.11	1.28	1.10	1.05	0.37	1.14	1.36	1.31
Quick ratio	0.52	0.48	0.54	0.57	0.53	0.52	0.20	0.64	0.88	0.82
Debt / equity	23.44	15.65	9.47	11.50	7.65	7.03	27.20	32.31	27.07	384.29
Equity / assets	2.2%	3.4%	5.8%	5.1%	6.5%	6.9%	3.7%	1.6%	1.9%	0.1%

Colgate-Palmolive Company quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	$1.37B	$1.42B	$1.29B	$1.47B	$1.41B	$1.31B	$1.26B	$1.49B	$1.33B	$1.31B	$1.15B	$951.0M
Cash & equivalents	$1.37B	$1.33B	$1.29B	$1.28B	$1.22B	$1.11B	$1.10B	$1.23B	$1.11B	$1.08B	$966.0M	$951.0M
Short-term investments	—	$84.0M	$107.0M	$193.0M	$197.0M	$199.0M	$160.0M	$260.0M	$225.0M	$231.0M	$179.0M	$247.0M
Receivables	$1.96B	$1.89B	$1.68B	$1.81B	$1.77B	$1.73B	$1.52B	$1.71B	$1.82B	$1.81B	$1.59B	$1.58B
Inventory	$2.18B	$2.09B	$2.03B	$2.11B	$2.12B	$2.12B	$1.99B	$2.04B	$1.92B	$1.91B	$1.93B	$1.93B
Other current assets	$795.0M	$688.0M	$714.0M	$651.0M	$691.0M	$653.0M	$553.0M	$559.0M	$564.0M	$603.0M	$614.0M	$898.0M
Total current assets	$6.31B	$6.08B	$5.71B	$6.04B	$6.00B	$5.81B	$5.32B	$5.81B	$5.65B	$5.64B	$5.28B	$5.36B
Property, plant & equipment (net)	$4.64B	$4.62B	$4.66B	$4.56B	$4.53B	$4.42B	$4.42B	$4.42B	$4.39B	$4.50B	$4.58B	$4.41B
Goodwill & intangible assets	$4.59B	$4.63B	$4.66B	$5.59B	$5.60B	$5.12B	$5.03B	$5.22B	$5.13B	$5.18B	$5.30B	$5.19B
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$1.25B	$1.28B	$1.30B	$1.32B	$1.34B	$1.30B	$1.28B	$1.32B	$1.31B	$1.26B	$1.24B	$1.09B
Total assets	$16.79B	$16.61B	$16.33B	$17.51B	$17.47B	$16.65B	$16.05B	$16.77B	$16.48B	$16.57B	$16.39B	$16.04B
Liabilities
Accounts payable	$2.12B	$2.10B	$2.09B	$1.87B	$1.79B	$1.80B	$1.80B	$1.62B	$1.56B	$1.65B	$1.70B	$1.48B
Short-term debt	$34.0M	$36.0M	$1.24B	$1.11B	$1.61B	$1.70B	$767.0M	$527.0M	$530.0M	$538.0M	$425.0M	$34.0M
Deferred revenue	—	—	—	—	—	—	—	$347.0M	$399.0M	$410.0M	$336.0M	$354.0M
Total current liabilities	$6.15B	$5.93B	$5.74B	$6.50B	$6.78B	$6.86B	$5.76B	$5.57B	$5.35B	$5.31B	$4.74B	$4.60B
Long-term debt	$7.82B	$7.94B	$7.32B	$7.31B	$7.14B	$6.57B	$7.29B	$7.91B	$8.15B	$8.15B	$8.22B	$8.69B
Lease obligations	—	—	$566.0M	—	—	—	$563.0M	—	—	—	$515.0M	—
Other long-term liabilities	$2.25B	$2.25B	$2.91B	$2.47B	$2.50B	$2.48B	$2.45B	$2.46B	$2.50B	$2.49B	$2.48B	$2.35B
Total liabilities	$16.22B	$16.12B	$15.96B	$16.27B	$16.42B	$15.91B	$15.50B	$15.94B	$16.00B	$15.95B	$15.44B	$15.64B
Shareholders' equity
Common stock & paid-in capital	$1.47B	$1.47B	$1.47B	$1.47B	$1.47B	$1.47B	$1.47B	$1.47B	$1.47B	$1.47B	$1.47B	$1.47B
Retained earnings (deficit)	$27.09B	$26.82B	$26.59B	$27.05B	$26.73B	$26.41B	$26.14B	$25.81B	$25.49B	$25.16B	$25.29B	$24.57B
Accumulated other comprehensive income	−$3.82B	−$3.87B	−$3.88B	−$3.89B	−$3.92B	−$4.12B	−$4.22B	−$4.07B	−$4.13B	−$4.02B	−$3.94B	−$3.97B
Minority interest	$330.0M	$341.0M	$311.0M	$382.0M	$350.0M	—	—	—	—	—	—	—
Total shareholders' equity	$236.0M	$145.0M	$365.0M	$1.24B	$1.05B	$733.0M	$544.0M	$836.0M	$482.0M	$617.0M	$957.0M	$406.0M
Key figures
Total debt	$7.86B	$7.97B	$8.55B	$8.42B	$8.76B	$8.27B	$8.51B	$8.44B	$8.68B	$8.69B	$9.06B	$8.72B
Net cash (debt)	−$6.49B	−$6.55B	−$7.27B	−$6.95B	−$7.35B	−$6.96B	−$7.26B	−$6.94B	−$7.34B	−$7.38B	−$7.92B	−$7.77B
Working capital	$160.0M	$148.0M	−$27.0M	−$457.0M	−$779.0M	−$1.05B	−$442.0M	$241.0M	$296.0M	$326.0M	$538.0M	$755.0M
Tangible book value	−$4.36B	−$4.48B	−$4.29B	−$4.35B	−$4.55B	−$4.38B	−$4.48B	−$4.39B	−$4.65B	−$4.56B	−$4.34B	−$4.78B
Book value per share	$0.29	$0.18	$0.45	$1.53	$1.29	$0.89	$0.66	$1.02	$0.59	$0.75	$1.16	$0.49
Shares outstanding	805.8M	805.1M	804.7M	810.2M	816.5M	822.5M	822.5M	822.5M	823.7M	825.9M	825.1M	827.3M
Current ratio	1.03	1.02	1.00	0.93	0.89	0.85	0.92	1.04	1.06	1.06	1.11	1.16
Quick ratio	0.54	0.56	0.52	0.50	0.47	0.44	0.48	0.58	0.59	0.59	0.58	0.55
Debt / equity	33.29	54.99	23.44	6.80	8.33	11.28	15.65	10.09	18.00	14.08	9.47	21.49
Equity / assets	1.4%	0.9%	2.2%	7.1%	6.0%	4.4%	3.4%	5.0%	2.9%	3.7%	5.8%	2.5%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 23, 2026); data from EODHD.

CL financial position

At the end of fiscal 2025 (December 31, 2025), Colgate-Palmolive had total assets of $16.3 billion (up 1.8% from a year earlier), total liabilities of $16.0 billion and shareholders' equity of $365.0 million. It held $1.3 billion in cash and short-term investments against $8.6 billion of debt, net debt of $7.3 billion. Its current ratio was 1.00. In the latest quarter (ended June 30, 2026) total assets were $16.8 billion and equity $236.0 million.

Related: CL income statement, CL cash flow statement, CL key metrics. See the CL stock overview for the latest quote and news.

CL balance sheet FAQ

What are Colgate-Palmolive's total assets?

Colgate-Palmolive reported total assets of $16.3 billion at the end of fiscal 2025 (December 31, 2025), compared with $16.0 billion a year earlier.

How much debt does Colgate-Palmolive have?

Colgate-Palmolive had $8.6 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 23.44.

How much cash does Colgate-Palmolive have?

Colgate-Palmolive held $1.3 billion in cash and short-term investments at the end of fiscal 2025; with $8.6 billion of debt that is net debt of $7.3 billion.

What is Colgate-Palmolive's book value?

Colgate-Palmolive's shareholders' equity (book value) was $365.0 million at the end of fiscal 2025, or $0.45 per share.

What is Colgate-Palmolive's current ratio?

Colgate-Palmolive had current assets of $5.7 billion and current liabilities of $5.7 billion, a current ratio of 1.00 (current liabilities exceed current assets).

How much goodwill does Colgate-Palmolive have?

Colgate-Palmolive carried $4.7 billion of goodwill and intangible assets, 28.5% of total assets, at the end of fiscal 2025.