Church & Dwight Co., Inc. (CHD)
Church & Dwight makes household and personal-care products including Arm & Hammer and OxiClean.
CHD vs PG: how the two businesses compare
- Bigger business: PG, with $84.3B of yearly revenue, about 14× CHD's $6.2B.
- More profitable: PG keeps 19 cents of each sales dollar as profit, against 12 cents at CHD.
- More cash from each sale: PG turns 21 cents of each sales dollar into operating cash flow, against 20 cents at CHD.
From each company's latest annual SEC filing. Fiscal years can end on different dates.
Procter & Gamble (PG) is the larger business by reported revenue: $84.3B in its fiscal year ended Jun 2025, about 14× CHD's $6.2B (fiscal year ended Dec 2025). CHD's net margin was 11.9% and PG's 19.0%. Both file with the SEC under the same industry code, SIC 2840 (Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics).
Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.
- Consumer Staples
- Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics
- Same classification
- Different
- CHD December 31 · PG June 30
- Aug 4, 2026
CHD vs PG: quick comparison
| Company fact | CHD | PG |
|---|---|---|
| Company | Church & Dwight Co., Inc. | The Procter & Gamble Company |
| Exchange | NYSE | NYSE |
| Headquarters | — | Cincinnati, Ohio |
| Founded | — | 1837 |
| SEC industry | Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics | Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics |
| Fiscal year-end | December 31 | June 30 |
| Latest annual filing | 10-K · 2026-02-12 | 10-K · 2026-08-04 |
CHD vs PG: audited financials
- Scale: PG's $84.3B of revenue is about 14× CHD's $6.2B.
- Net margin: PG kept 19.0% of revenue as net income versus 11.9% at CHD.
- Cash conversion: operating cash flow equalled CHD 19.6% of revenue, or 1.65× net income; PG 21.1% of revenue, or 1.12× net income. A ratio well above 1× usually reflects non-cash charges or working-capital release; well below 1× can reflect working-capital build or non-cash gains.
- Periods: the fiscal years end about 6 months apart (2025-12-31 for CHD, 2025-06-30 for PG), so each figure reflects somewhat different demand and cost conditions.
| Metric | CHD | PG |
|---|---|---|
| Revenue | $6.2B2025-01-01 to 2025-12-31 · SEC filing | $84.3B2024-07-01 to 2025-06-30 · SEC filing |
| Net income | $737M2025-01-01 to 2025-12-31 · SEC filing | $16.0B2024-07-01 to 2025-06-30 · SEC filing |
| Operating cash flow | $1.2B2025-01-01 to 2025-12-31 · SEC filing | $17.8B2024-07-01 to 2025-06-30 · SEC filing |
| Diluted EPS | $3.022025-01-01 to 2025-12-31 · SEC filing | $6.512024-07-01 to 2025-06-30 · SEC filing |
| Net margin | 11.9%2025-01-01 to 2025-12-31 · SEC filing | 19.0%2024-07-01 to 2025-06-30 · SEC filing |
CHD: FY ending 2025-12-31 · PG: FY ending 2025-06-30. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
Where CHD and PG overlap, and where they don't
Overlap
- Same SEC industry: both report under SIC 2840, Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics.
Differences
- Offset fiscal calendars: CHD's year ends December 31 and PG's June 30, about 6 months apart.
- Scale: PG reported about 14× the annual revenue of CHD.
- Profitability: net margin of 11.9% for CHD versus 19.0% for PG.
Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.
The Procter & Gamble Company (PG)
Procter & Gamble makes household and personal-care brands such as Tide, Pampers, Gillette, and Crest. Its portfolio of everyday essentials gives it defensive demand and consistent dividend growth.
What moves each company
Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.
What moves CHD
We have not yet published a company-specific driver list for CHD. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-12.
What moves PG
- Organic sales growth split between volume and pricing across its core categories
- Input cost trends and their effect on gross margins
- Market share versus private-label and value competitors in fabric care, family care, and beauty
- Currency translation given a large international sales base
The investment question
You now know PG reports about 14× CHD's revenue, and PG keeps more of each dollar as net income. Those are the facts. The investment question is what each share price already assumes about the soap, detergents, cleang preparations, perfumes, cosmetics cycle, including “Organic sales growth split between volume and pricing across its core categories” at PG, and which evidence in the next filings would prove that assumption wrong.
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Read the full researchSEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. CHD's fiscal year ends December 31, while PG's ends June 30. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 10 matched transaction rows for CHD and 65 matched transaction rows for PG. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
CHD primary filings
PG primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
CHD vs PG FAQs
Are CHD and PG direct competitors?
Church & Dwight and Procter & Gamble share the SEC industry classification “Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics.” That makes the operating comparison relevant, but it does not prove that every product, customer, or revenue stream competes directly.
Is CHD or PG the bigger company by revenue?
Procter & Gamble (PG) is the larger business by reported revenue: $84.3B in its fiscal year ended Jun 2025, about 14× CHD's $6.2B (fiscal year ended Dec 2025). CHD's net margin was 11.9% and PG's 19.0%. Both file with the SEC under the same industry code, SIC 2840 (Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics). Each figure is the annual amount tagged in the company's own SEC XBRL filing; market value depends on live prices, which this page does not publish.
Which is better, CHD or PG?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this CHD vs PG comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Church & Dwight Co., Inc. and The Procter & Gamble Company tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-11-09. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-11-09. Independent educational research; not investment advice.
Which business differences matter to the investment thesis?
CHD vs PG compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.
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