Church & Dwight Company Inc

Church & Dwight, founded in 1846, makes everyday household and personal care products. Its roots are in baking soda, and the Arm & Hammer name still covers baking soda, laundry detergent, cat litter and toothpaste. Seven "power brands" bring in about 70% of net sales and profits: Arm & Hammer, OxiClean stain removers, Batiste dry shampoo, Waterpik water flossers, TheraBreath mouthwash, Hero acne treatments and Touchland hand sanitizer. It also owns Trojan condoms, First Response pregnancy tests, Nair hair remover and Zicam cold remedies.

Most revenue comes from branded goods that retailers stock, including supermarkets, mass merchandisers, wholesale clubs, drugstores, dollar stores, pet stores and online retailers. A smaller Specialty Products Division supplies other businesses with baking soda (sodium bicarbonate) for commercial baking, medicines and kidney dialysis, plus feed supplements for dairy cows and other livestock.

In fiscal 2025, which ended December 31, 2025, revenue was $6.2 billion. The US consumer business, called Consumer Domestic, made up 77%. Household products, led by laundry detergent, were about 41% of total sales, and personal care about 36%. Consumer International added about 18%, with Europe and Canada each supplying roughly a quarter of that segment's sales. Specialty Products was about 5%. The company bought Touchland in July 2025 and sold its VitaFusion and L'il Critters vitamin brands at year-end.

• In Q3 FY2026 (ended Sep 30, 2026), revenue was $1.60B, up 1% from a year earlier, and net income was $212.2M (+16.5%).
• For fiscal 2025, revenue was $6.20B (+1.6% year over year; +4.8% a year from FY2020 to FY2025) with a 11.9% net margin.

• Over FY2021–FY2025: $1.70B in buybacks and $1.33B in dividends.
• At least 9 consecutive annual increases: every fiscal year in the SEC data (FY2016–FY2025) shows an increase; the true streak may be longer.
• Regular dividends per share grew +4.2% a year over 5 years (FY2020–FY2025).
• Dividends took 39% of earnings and 26.3% of free cash flow in the latest fiscal year.
• Shares outstanding changed -2.7% from Feb 15, 2022 to Oct 28, 2026.

Rank among 1514 US companies

Market value at each year end

Church & Dwight Company’s market value went from $11.43B at the end of 2016 to $26.07B on Nov 2, 2026, about 2.3 times as much; since the end of 2025 it is up 29%.

Form 4 filings from 2025-11-03 to 2026-11-03 (25 read): 0 open-market purchases and 5 sales ($5.5M).

Large shareholders (13G filings)

ETFs with the most weight in CHD

1. Store brands and bigger rivals squeeze prices. Shoppers are shifting to cheaper store brands, known as private label, in categories such as home diagnostic kits and oral pain relievers. Larger rivals like P&G, Clorox and Colgate-Palmolive can outspend it on advertising.
2. Seven brands carry most of the business. The seven power brands produce about 70% of net sales and profits. A recall, safety claim or lawsuit that damages trust in any one of them could hurt results noticeably.
3. Acquisitions may not pay off. Church & Dwight grew partly through acquisitions. Touchland cost about $656 million in July 2025, with $159 million more due in 2026. Deals that disappoint can lead to write-downs that cut reported profit.
4. Dependence on a few large retailers. Losing a principal customer, or changes in how key retailers stock and promote its products, could significantly cut sales and profits. The same retailers also push their own lower-priced store brands.
5. Higher costs for materials, energy and tariffs. Rising costs for raw materials, packaging and energy, plus higher tariffs, can squeeze profit margins. The company has raised prices on many products in response, but further increases could reduce demand.
6. Outside and single-source suppliers. Some products are made by outside companies under contract, and some depend on a single supplier. A breakdown, shortage or shipping disruption could leave products unavailable and cost sales.

• Oct 30, 2026 Quarterly results released
• Oct 29, 2026 Executive or board change
• Jul 31, 2026 Quarterly results released
• May 5, 2026 Shareholder vote results
• May 1, 2026 Quarterly results released
• Jan 30, 2026 Quarterly results released
• Dec 9, 2025 Investor presentation or announcement; Other company announcement
• Dec 5, 2025 Other company announcement

Church & Dwight raised its dividend at least nine years in a row through fiscal 2025, and the streak may be longer. Dividends per share rose from $0.96 in 2020 to $1.18 in 2025, about 4.2% a year. That was 39% of 2025 earnings and about 26% of free cash flow (cash left after running and investing in the business). The dividend yield (yearly dividends divided by share price) was 1.17% as of October 28, 2026. Share repurchases totaled $1.7 billion from 2021 to 2025, more than the $1.3 billion paid in dividends, and the share count fell 2.8% between October 2021 and July 2026.

Everyday products did not shield the stock from downturns. It fell 27.6% in the 2008 financial crisis, 21.1% in the 2020 COVID crash and 31.7% in the 2022 bear market. It regained its prior high about 10, 3 and 17 months after those lows. Single stocks carry more risk than diversified funds.