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The Clorox Company logo

The Clorox Company

CLX
47
Household & Personal Products · Consumer Defensive
Also trades as: 0I0J.L
Price
$105.63
-2.62 (-2.42%)
Market Cap
$12.77B
Winston Score
47
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Aug 12, 2026 · filings through Jun 30, 2026

Share count falling — buybacks

1.4% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 123.9M (2022) → 122.1M (2026)

Clorox makes everyday cleaning and household products that people buy at grocery stores, pharmacies, and big-box retailers. Its most well-known brands include Clorox bleach, Glad trash bags, Hidden Valley ranch dressing, Burt's Bees personal care products, and Kingsford charcoal. The company sells mostly to regular consumers and operates in the consumer staples industry, where demand stays fairly steady even during economic downturns.

Clorox earns money by selling branded products through retail stores and online channels, with most of its revenue coming from the United States. It generates around $7 billion in annual sales and competes against both large consumer goods companies like Procter & Gamble and cheaper store-brand alternatives. Its main competitive advantage is strong brand recognition built over decades, which allows it to charge slightly higher prices than generic products. The biggest ongoing risk is rising costs for raw materials like resin and chemicals, which can squeeze profit margins when prices spike.

Winston Score History

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23 trades / 12mo

10 Congressional buys and 13 sells on CLX in the last 12 months.

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Score breakdown

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Quality

Gross Margin
41.3%
Healthy — 41.3% gross margin
Operating Margin
52.5%
Excellent — 52.5% operating margin
ROCE
19.8%
Strong — 19.8% return on capital

ROIC between 15% and 25%. Every dollar invested in the business earns 15 to 25 cents back per year.

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Growth

Sales YoY
-5.4%
Shrinking sales (-5.4% YoY)
EPS YoY
-26.6%
Earnings shrinking (-26.6% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

EPS Consistency
4/8 quarters
Earnings inconsistent quarter-to-quarter

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Cash Flow

Cash Conversion
98%
Turns 98% of profit into real cash
FCF Margin
5.7%
Thin free cash flow (5.7%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

Debt / Equity
56.31
Heavy debt load (56.31)
Interest Cover
12.78x
Comfortably covers interest (12.8x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

P/E Ratio (TTM)
21.9x
Growth-priced — P/E 21.9

P/E above the market average. People are paying up for expected growth.

P/E vs Forward
+4.8
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (21.9 → 17.1)

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Dividends

Dividend Yield
4.61%
Healthy income — 4.61% yield

Generous yield. Worth checking whether the payout is sustainable.

Dividend Growth
+1.4%
Dividend flat

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