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Colgate-Palmolive Company (CL)
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Colgate-Palmolive Company (CL) Interest Coverage Ratio: 16.28x

The interest coverage ratio for Colgate-Palmolive Company (CL) is 16.28x as of Wednesday, June 17, 2026.

CL Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

16.28x

CL Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Colgate-Palmolive Company (CL)$72.55B16.28xN/AN/AN/A
Target Corporation (TGT)vs ›$59.87B11.50x12.52x12.14x13.14x
Monster Beverage Corporation (MNST)vs ›$90.70B366.57x217.88x217.88x217.88x
Keurig Dr Pepper Inc. (KDP)vs ›$43.54B4.84x4.84x5.25x5.11x
The Kroger Co. (KR)vs ›$39.54B2.96x5.68x6.08x6.36x
Sysco Corporation (SYY)vs ›$37.99B4.86x5.07x4.92x4.26x
The Hershey Company (HSY)vs ›$37.02B6.83x11.73x13.86x13.80x
Kimberly-Clark Corporation (KMB)vs ›$34.61B9.72x10.80x9.78x10.33x
Altria Group, Inc. (MO)vs ›$116.02B12.80x11.40x10.86x10.34x
Kellanova (K)vs ›$29.03B5.29x4.79x4.82x4.92x

Financial Health Indicators

Interest Coverage

16.3x

Debt/Equity

147.93

Current Ratio

1.00

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Colgate-Palmolive Company Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Colgate-Palmolive Company Interest Coverage Ratio FAQ

What is the interest coverage ratio for Colgate-Palmolive Company (CL)?
The interest coverage ratio for CL stock is 16.28x.

About Colgate-Palmolive Company

Operating globally, Colgate-Palmolive Company and its affiliated entities are engaged in the production and distribution of a diverse range of consumer goods. Its operations are structured into two primary divisions: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care division encompasses a broad array of offerings, spanning oral hygiene (e.g., toothpastes, toothbrushes, mouthwashes), personal care (e.g., bar and liquid soaps, shower gels, shampoos, conditioners, deodorants, antiperspirants, skin health items), and home care solutions (e.g., dishwashing detergents, fabric conditioners, household cleaners). These products are distributed through various channels, including traditional and online retailers, wholesalers, and distributors, under well-known brand names such as Colgate, Darlie, elmex, hello, meridol, Sorriso, Tom's of Maine, Irish Spring, Palmolive, Protex, Sanex, Softsoap, Lady Speed Stick, Speed Stick, EltaMD, Filorga, PCA SKIN, Ajax, Axion, Fabuloso, Murphy, Suavitel, Soupline, and Cuddly. Furthermore, this segment supplies specialized pharmaceutical products to dentists and other professionals in oral healthcare. Conversely, the Pet Nutrition segment focuses on providing specialized pet food. This includes everyday nutritional options marketed under the Hill's Science Diet brand, as well as therapeutic diets designed to assist in managing various health conditions in dogs and cats, sold under the Hill's Prescription Diet brand. Distribution for these pet nutrition items occurs via pet supply stores, veterinary clinics, and online retail platforms. Established in 1806, Colgate-Palmolive Company maintains its corporate headquarters in New York, New York.

New York City, NY
34,000 employees
Consumer Defensive / Household & Personal Products
Sector
Consumer Defensive
Industry
Household & Personal Products
CEO
Noel R. Wallace