Similar companies
Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 1.97B | 10.1% |
Gross Profit | 884M | 15.4% |
Cost of Revenue | 1.34B | 0.5% |
Operating expense | 356M | 6.9% |
Net Income | 216M | 523.5% |
EBITDA | 379M | 36.3% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 5.75B | 0.9% |
Total Liabilities | 5.26B | 5.2% |
Total Equity | 328M | 260.4% |
Shares Outstanding | 124M | 0% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 340M | 86.8% |
Cash from investing | -81M | 113.2% |
Cash from financing | -273M | 1.8% |
EPS
Financial Highlights for Clorox in Q2 '24
Clorox reported a revenue of 1.97B, which is a 10.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 884M, marking a 15.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.34B, a -0.5% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 356M, showing a 6.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 216M, showing a 523.5% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 379M, showing a 36.3% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Clorox with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.