| Stage | CHD | % of rev | PG | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.6B | 100.00% | $23.3B | 100.00% | PG ×14.53 |
| Gross profit | $749M | 46.78% | $11.6B | 49.83% | PG +3.1pp |
| Operating income | $291M | 18.19% | $5.9B | 25.51% | PG +7.3pp |
| Pre-tax income | $272M | 16.97% | $6.0B | 25.88% | PG +8.9pp |
| Net income | $212M | 13.25% | $4.8B | 20.44% | PG +7.2pp |
| Stage | CHD | PG | Gap · A − B |
|---|---|---|---|
| Revenue | $1.6B100.00% | $23.3B100.00% | PG ×14.53 |
| Gross profit | 46.78%$749M | 49.83%$11.6B | PG +3.1pp |
| Operating income | 18.19%$291M | 25.51%$5.9B | PG +7.3pp |
| Pre-tax income | 16.97%$272M | 25.88%$6.0B | PG +8.9pp |
| Net income |
| 13.25%$212M |
| 20.44%$4.8B |
| PG +7.2pp |
CHD 10-KFeb 13 '25
“A group of four customers accounted for approximately 42 % of consolidated net sales in 2022, of which a single customer ( Walmart Inc. and its affiliates ) accounted for approximately 23 %, 23 % and 24 % in 2024, 2023 and 2022, respectively.”
PG 10-KAug 4 '25
“Sales to Walmart Inc. and its affiliates represent approximately 16% of our total sales in 2025 and 2024 and 15% in 2023.”