{"schemaVersion":1,"research":true,"symbol":"chd","name":"Church & Dwight Co","topic":"moat","path":"/stock/chd/moat","status":"published","version":3,"updatedAt":"2026-10-18T14:10:31.713Z","locked":false,"publicFairValue":false,"fairValue":null,"moat":{"verdict":"narrow","summary":"Church & Dwight has a narrow moat from established brands, owned trademarks and broad distribution, supported by demonstrated demand for several core products. Pricing power is mixed: first-half 2026 volume growth accompanied favorable price/mix, but domestic price/mix weakened in 2025 and consumer price/mix was unfavorable in early 2026. WATERPIK distribution losses, substitution toward value brands and completed business exits demonstrate erosion. The passages do not establish a wide moat or a structural cost advantage.","advantages":[{"mechanism":"intangible_assets","claim":"Established brands and owned trademarks support consumer demand across a broad distribution platform. Growth in several core brands and increased unit sales provide operating support beyond management's statements about brand value.","durability":"ARM & HAMMER's long trademark history and continued core-brand demand support persistence, but durability varies across the portfolio and requires continued marketing and innovation. Potential global expansion is management's expectation, not a demonstrated advantage.","risks":"Retailers have reduced distribution in favor of private labels, WATERPIK is losing distribution and consumer demand, and several businesses have exited. Short-notice customer termination rights limit dependency. E-commerce lowers entry barriers.","invalidation":"The narrow-moat thesis would fail if distribution losses and substitution spread across the remaining core brands, producing sustained unit declines and unfavorable price/mix despite continued brand investment, or if material trademark rights were lost without effective replacement.","competitors":[],"evidenceIds":["e1","e2","e3","e4","e5","e6"],"counterEvidenceIds":["e7","e8","e9","e10","e11","e12","e13"]}],"evidence":[{"id":"e1","sourceId":"filing-1","location":"Risk factors / ownership of material trademarks","excerpt":"We own the material trademarks and brand names used in connection with the marketing and distribution of our major products both in the U.S."},{"id":"e2","sourceId":"filing-1","location":"Business / ARM & HAMMER trademark history","excerpt":"The ARM & HAMMER trademark has been used by us since 1867 and is important to the successful operation of our business."},{"id":"e3","sourceId":"filing-1","location":"Business / consumer distribution platform","excerpt":"We sell our consumer products under a variety of brands through a broad distribution platform that includes supermarkets, mass merchandisers, wholesale clubs, drugstores, convenience stores, home stores, dollar and other discount stores, pet and other specialty stores and websites and other e-commerce channels, all of which sell our products to consumers."},{"id":"e4","sourceId":"filing-1","location":"MD&A / 2025 Consumer Domestic brand growth and declines","excerpt":"The increase in net sales for 2025 reflects the impact of the Touchland® Acquisition and growth from THERABREATH® mouth wash, HERO® acne treatment products, ARM & HAMMER® liquid detergent, ARM & HAMMER® detergent sheets, and ARM & HAMMER® scent boosters, partially offset by declines in VITAFUSION® and L’IL CRITTERS® gummy vitamins, OXICLEAN® stain removers, WATERPIK® Oral Care and FINISHING TOUCH FLAWLESS® hair removal products."},{"id":"e5","sourceId":"filing-6","location":"MD&A / first-quarter 2026 core-brand sales excluding acquisitions and exits","excerpt":"Net sales excluding business exits and the acquisition of Touchland increased for the three months ended March 31, 2026, reflecting growth from THERABREATH® mouth wash and toothpaste, ARM & HAMMER® Cat Litter, HERO® acne treatment products, and OXICLEAN® powder, partially offset by declines in WATERPIK® Oral Care."},{"id":"e6","sourceId":"filing-2","location":"MD&A / second-quarter and first-half 2026 sales bridge","excerpt":"The components of the net sales increase are as follows: Three Months Ended Six Months Ended June 30, June 30, Net Sales - Consolidated 2026 2026 Product volumes sold(1) 4.3 % 4.8 % Pricing/Product mix(2) 1.5 % 0.6 % Foreign exchange rate fluctuations 0.4 % 0.7 % Exit of product lines(3) (7.4 %) (7.6 %) Acquisitions(4) 2.8 % 2.4 % Net Sales increase 1.6 % 0.9 % (1) For the three and six months ended June 30, 2026, the volume change reflects increased product unit sales in all three segments."},{"id":"e7","sourceId":"filing-2","location":"Intangible assets / WATERPIK distribution and consumer demand losses","excerpt":"The Company’s global WATERPIK business is experiencing customer distribution losses and a decline in consumer demand, mainly due to lower consumer spending and more customers choosing value brands amid inflation."},{"id":"e8","sourceId":"filing-1","location":"Risk factors / realized distribution reductions favoring private labels","excerpt":"As consumers look for opportunities to decrease discretionary spending, our customers have discontinued or reduced distribution of some of our products to encourage those consumers to purchase the customers’ less expensive and, in some cases, more profitable private label and retail-branded products (primarily in the stain fighters, diagnostic kits and oral analgesics categories)."},{"id":"e9","sourceId":"filing-1","location":"Risk factors / individual orders and customer termination rights","excerpt":"As our business is based primarily upon individual sales orders rather than long-term contracts and most customer agreements include customer termination rights after short notice, many of our customers could reduce their purchasing levels or cease buying products from us at any time and for any reason."},{"id":"e10","sourceId":"filing-1","location":"Risk factors / innovation and reduced entry barriers through e-commerce","excerpt":"Our ability to quickly innovate to differentiate our products (including product packaging and sustainability profiles) to meet changing consumer demands is essential, especially in light of e-commerce significantly reducing the barriers for even small competitors to quickly introduce new brands and products directly to consumers."},{"id":"e11","sourceId":"filing-1","location":"Risk factors / continuing advertising and product support requirements","excerpt":"If a product gains consumer acceptance, it normally requires continued advertising, promotional support and product improvements to maintain its relative market position."},{"id":"e12","sourceId":"filing-2","location":"Segment information / completed 2025 business exits","excerpt":"In 2025, we exited the VMS, Flawless, Spinbrush and Waterpik showerhead businesses."},{"id":"e13","sourceId":"filing-1","location":"MD&A / 2025 Consumer Domestic volume and price/mix bridge","excerpt":"The components of the net sales change are the following: Net Sales - Consumer Domestic December 31, 2025 Product volumes sold 0.0 % Pricing/Product mix (0.5 %) Acquisitions(1) 2.2 % Exit of product lines(2) (0.8 %) Net Sales increase 0.9 % (1) The Touchland acquisition is included in our results since July 16, 2025, the date of acquisition."},{"id":"e14","sourceId":"filing-6","location":"MD&A / first-quarter 2026 unfavorable consumer price/mix","excerpt":"For the three months ended March 31, 2026, price/mix was unfavorable in the Consumer Domestic and Consumer International segment, partially offset by the SPD segment."},{"id":"e15","sourceId":"filing-1","location":"Risk factors / implemented price increases and possible demand effects","excerpt":"We have implemented price increases and may implement additional price increases in the future, including to account for increased costs, which may slow sales growth or create volume declines in the short term as customers and consumers adjust to these price increases."},{"id":"e16","sourceId":"filing-2","location":"MD&A / first-half 2026 gross-margin bridge excluding prior-year exit costs","excerpt":"Excluding one-time costs associated with exiting the Flawless, Spinbrush, and Waterpik showerheads businesses in the prior year, gross margin increased 100 bps which includes the impact of productivity programs of 160 bps, favorable volume and mix of 120 bps, benefits of the Touchland acquisition combined with the favorable impact of business exits of 110 bps, partially offset by the impact of higher manufacturing and logistics costs of 290 bps (including labor, commodities, tariffs and transportation costs)."},{"id":"e17","sourceId":"filing-1","location":"MD&A / 2025 gross-margin bridge excluding specified items","excerpt":"Excluding these items, gross margin was flat year over year with higher manufacturing costs including tariffs (net of mitigation actions) as well as labor and higher commodities of 180 bps offset by the impact of productivity programs of 160 bps, and benefits from the Touchland Acquisition of 20 bps."},{"id":"e18","sourceId":"filing-2","location":"Condensed consolidated cash-flow statement / first-half 2026","excerpt":"AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (Unaudited) (In millions) Six Months Ended June 30, June 30, 2026 2025 Cash Flow From Operating Activities Net Income $ 419.1 $ 411.1 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense 43.6 45.1 Amortization expense 83.6 72.4 Deferred income taxes 4.4 (12.8 ) Business exit related impairments 0.0 51.0 Equity in net earnings of affiliates (5.0 ) (4.4 ) Distributions from unconsolidated affiliates 3.2 4.3 Non-cash compensation expense 42.6 30.2 Other 5.1 5.7 Subtotal 596.6 602.6 Change in assets and liabilities: Accounts receivable (5.9 ) 4.3 Inventories (65.4 ) (2.9 ) Other current assets (12.1 ) (0.9 ) Accounts payable 52.5 (13.5 ) Accrued expenses (105.2 ) (149.6 ) Income taxes payable 11.2 (12.9 ) Other operating assets and liabilities, net (10.1 ) (10.6 ) Change in Working Capital (135.0 ) (186.1 ) Net Cash Provided By Operating Activities 461.6 416.5 Cash Flow From Investing Activities Additions to property, plant and equipment (61.8 ) (39.0 ) Acquisition, net of cash acquired (300.0 ) 0.0 Other (0.1 ) (0.6 ) Net Cash Used In Investing Activities (361.9 ) (39.6 ) Cash Flow From Financing Activities Payment of cash dividends (145.8 ) (145.0 ) Purchase of treasury stock 0.0 (300.0 ) Payment of business acquisition liabilities (180.5 ) (5.9 ) Short-term debt borrowings (repayments) 49.9 0.0 Proceeds from stock options exercised 30.8 26.6 Other stock award activity (5.7 ) (2.5 ) Other (0.4 ) 0.0 Net Cash Used In Financing Activities (251.7 ) (426.8 ) Effect of exchange rate changes on cash and cash equivalents (2.2 ) 9.0 Net Change In Cash and Cash Equivalents (154.2 ) (40.9 ) Cash and Cash Equivalents at Beginning of Period 409.0 964.1 Cash and Cash Equivalents at End of Period $ 254.8 $ 923.2 See Notes to Condensed Consolidated Financial Statements (Unaudited)."},{"id":"e19","sourceId":"filing-1","location":"Liquidity and capital resources / 2025 investment and divestiture spending","excerpt":"Net Cash Used in Investing Activities – Net cash used in investing activities during 2025 was $616.9, primarily reflecting property, plant and equipment additions of $122.4 and $656.0 for the Touchland Acquisition, partially offset by $160.3 of proceeds from the VMS Divestiture."},{"id":"e20","sourceId":"filing-1","location":"Liquidity and capital resources / 2025 repurchases and dividends","excerpt":"Net Cash Used in Financing Activities – Net cash used in financing activities during the twelve months of 2025 was $1,162.4, reflecting $900.0 of treasury stock purchases and $287.2 of cash dividend payments, partially offset by $35.6 of proceeds from stock option exercises."},{"id":"e21","sourceId":"filing-1","location":"MD&A / 2024 VMS impairment","excerpt":"The 2024 operating margin includes a non-cash charge of $357.1, related to the impairment of the VITAFUSION and L'IL CRITTERS indefinite-lived trade name as well as a definite-lived customer relationship intangible asset and PP&E specific to the VMS business."},{"id":"e22","sourceId":"filing-3","location":"Compensation discussion / actual 2025 long-term incentive composition","excerpt":"For 2025, our named executive officers received 75% of their total target annual long-term incentive award in stock options, 15% in PSUs, and 10% in RSUs."},{"id":"e23","sourceId":"filing-2","location":"Stock-based compensation / annual PSU relative-TSR metric","excerpt":"The performance metric for one tranche is based on the Company’s total shareholder return (“TSR”) relative to a Company-selected peer group and is valued using a Monte Carlo model."},{"id":"e24","sourceId":"filing-2","location":"Stock-based compensation / annual PSU three-year operating-cash-flow metric","excerpt":"The performance metric for the second tranche is the Company's three-year cumulative cash flow from operations target and is valued using the Company's grant date closing stock value."},{"id":"e25","sourceId":"filing-2","location":"Stock-based compensation / PSU vesting and certification conditions","excerpt":"The PSUs vest on the later of (i) the third anniversary of the grant date and (ii) the date on which the Compensation & Human Capital Committee of the Company's Board of Directors (the \"Board\") certifies the achievement of the applicable performance goals, in each case, subject to the recipient’s continued employment with the Company from the grant date through the applicable vesting date."},{"id":"e26","sourceId":"filing-3","location":"Compensation discussion / certified payout for 2023–2025 PSUs","excerpt":"Based upon the January 1, 2023 – December 31, 2025 TSR calculation of 7.82%, which ranked at the 83rd percentile of the ‘Performance Peer Group’ during that time period, the Committee certified a final payout for the 2023 PSUs of 200%."},{"id":"e27","sourceId":"filing-3","location":"Compensation discussion / adjustments to 2025 incentive EPS","excerpt":"In 2025, the Company delivered Adjusted Diluted EPS of $3.57 after adjusting for the loss on sale of our Vitamin, Mineral and Supplement business ($0.19), operational results and transaction costs of the acquisition of Touchland (\"Touchland Acquisition\") ($0.11), operational results and one-time costs to exit the Flawless, Spinbrush and Waterpik Showerheads businesses ($0.12), impact of unmitigated tariff costs ($0.09), ERP implementation costs ($0.02), cost of restricted stock issued for the Hero acquisition ($0.02), the positive impact of unplanned share repurchases (-$0.01) and the impact of changes in foreign currency exchange rates ($0.01); which is consistent with prior year adjustments."},{"id":"e28","sourceId":"filing-3","location":"Corporate governance / non-executive chair and director independence","excerpt":"We believe that the presence of a non-executive Board Chairman enhances the ability of our Board of Directors to provide additional independent oversight and supplements the following corporate governance practices, which also facilitate independent oversight: • All of our directors, other than our President and CEO, are independent."},{"id":"e29","sourceId":"filing-3","location":"Corporate governance / committee independence","excerpt":"• All of the members of the Audit Committee, Compensation & Human Capital Committee, and Governance, Nominating & Corporate Responsibility Committee are independent."},{"id":"e30","sourceId":"filing-3","location":"Corporate governance / annual elections, removal and majority voting","excerpt":"| 2026 Proxy Statement Table of Contents PROPOSAL 4 The Company has strong corporate governance practices The Board is committed to good corporate governance and has adopted policies and practices that provide our stockholders with additional opportunities to have their voices heard and that encourage effective, independent Board oversight of our management: (i) all directors are elected annually, and stockholders can remove directors with or without cause; (ii) we have adopted a majority voting standard for the election of directors in uncontested elections, and directors who do not receive a majority of the votes cast are subject to the Company’s resignation policy; (iii) ten out of eleven of our Board nominees are independent, and our only nominee who is not independent is Mr."},{"id":"e31","sourceId":"filing-3","location":"Stockholder proposal / board opposition to action by written consent","excerpt":"We believe stockholder action is better undertaken at stockholder meetings rather than by written consent In order to allow all stockholders equal time and opportunity to consider and act upon any matter requiring stockholder approval, the Board believes that all matters requiring stockholder approval should be presented and considered at an annual or special meeting of stockholders."},{"id":"e32","sourceId":"filing-1","location":"Risk factors / patents may not provide effective entry barriers","excerpt":"and in other countries. While we hold several valuable patents on our products, they may not serve as an effective barrier to entry for new competitors."},{"id":"e33","sourceId":"filing-2","location":"Commitments / sodium-based materials purchased at prevailing market prices","excerpt":"Under the partnership agreement, the Company has an annual commitment to purchase 240,000 tons of sodium-based raw materials at the prevailing market price."}],"changes":["Retain the previous narrow verdict; the supplied evidence continues to support a brand-based advantage with meaningful portfolio erosion.","Make pricing cyclicality explicit: favorable first-half 2026 price/mix follows unfavorable 2025 domestic and first-quarter 2026 consumer price/mix.","Add assessments of actual incentive grants, certified PSU payouts, governance arrangements and capital deployment from the supplied disclosures."],"limitations":["All evidence comes from issuer filings. Reported operating results and contractual arrangements support assessments, but statements about brand value and expansion potential are management assertions.","No passage establishes named competitive rivals. Competitors are described generically; companies named as customers, acquisition counterparties or directors' former employers are not treated as competitors.","Price and product mix are combined, preventing isolation of realized price changes or price elasticity. Unit growth is not a measured consumer retention rate or market-share gain.","Trademark longevity does not establish equivalent economic durability across all brands. Patent disclosures and market-priced sourcing do not demonstrate a structural cost or technology barrier.","Actual executive ownership balances and complete pricing agreements are absent. Incentive design is disclosed, but future performance conditions are not completed outcomes.","Source dates are filing dates, retaining dateKind 'filed'; the latest supplied operating period ends June 30, 2026."],"qualityAssessments":[{"category":"moat","checks":[{"criterion":"structural_advantage","grade":3,"rationale":"Owned trademarks, established distribution and demonstrated core-brand demand support a strong but narrow intangible advantage. They do not establish network effects, switching costs or an industry-wide cost advantage.","evidenceIds":["e1","e2","e3","e5","e6","e32","e33"]},{"criterion":"durability","grade":2,"rationale":"Long trademark history and current core-brand growth support persistence, while WATERPIK losses and completed exits demonstrate uneven durability. Continuing advertising and innovation remain necessary.","evidenceIds":["e2","e5","e7","e10","e11","e12"]},{"criterion":"customer_dependency","grade":1,"rationale":"Customers primarily place individual orders and can terminate on short notice. Realized distribution reductions and value-brand substitution demonstrate weak dependency despite continued aggregate demand.","evidenceIds":["e6","e7","e8","e9"]},{"criterion":"erosion_resilience","grade":2,"rationale":"Core-brand and unit growth coexist with distribution losses, business exits and low online entry barriers. Productivity and portfolio changes have protected margins, but resilience is mixed across brands.","evidenceIds":["e5","e6","e7","e8","e10","e12","e16"]}]},{"category":"pricing_power","checks":[{"criterion":"realized_pricing","grade":2,"rationale":"First-half 2026 price/mix increased 0.6% alongside 4.8% volume growth, but 2025 domestic price/mix declined 0.5% and early-2026 consumer price/mix was unfavorable. Outcomes are mixed, and mix prevents isolation of pricing.","evidenceIds":["e6","e13","e14","e15"]},{"criterion":"retention","grade":2,"rationale":"Core-brand growth and increased unit sales indirectly support repeat demand. WATERPIK substitution and retailer distribution reductions provide contrary realized evidence. No consumer cohort retention rate is disclosed.","evidenceIds":["e4","e5","e6","e7","e8"]},{"criterion":"margin_resilience","grade":3,"rationale":"Excluding specified items, 2025 gross margin was flat and first-half 2026 gross margin improved 100 basis points despite cost pressure. Productivity, volume/mix and portfolio changes demonstrate resilience, although pricing alone did not produce it.","evidenceIds":["e16","e17"]},{"criterion":"contractual_freedom","grade":2,"rationale":"Implemented price increases demonstrate some practical pricing discretion. Individual orders and short-notice termination let customers reject terms or leave; the passages establish neither protected price escalators nor comprehensive unilateral repricing rights.","evidenceIds":["e9","e15"]}]},{"category":"strong_management","checks":[{"criterion":"capital_discipline","grade":2,"rationale":"Reported cash generation supports investment and distributions, but substantial acquisition spending, $900 million of 2025 repurchases and the VMS impairment make allocation results mixed. First-half 2026 acquisition payments accompanied lower cash and modest net borrowing; acquisition returns remain unproven.","evidenceIds":["e18","e19","e20","e21"]},{"criterion":"incentive_alignment","grade":2,"rationale":"Actual equity awards, multi-year TSR and cash-flow conditions, and a certified historical PSU payout establish meaningful alignment mechanisms. Heavy option weighting and broad incentive-EPS exclusions temper the assessment. Actual executive ownership balances are unavailable, and current grants do not establish future vesting.","evidenceIds":["e22","e23","e24","e25","e26","e27"]},{"criterion":"execution","grade":2,"rationale":"Core-brand growth, increased unit sales, productivity benefits and cash generation demonstrate execution indirectly through operating results. WATERPIK deterioration, exits and historical impairment offset these achievements.","evidenceIds":["e5","e6","e7","e12","e16","e18","e21"]},{"criterion":"governance","grade":3,"rationale":"A non-executive chair, independent directors and committees, annual elections, removal rights and majority voting demonstrate strong oversight structures. Board opposition to written-consent rights limits shareholder flexibility; disclosed structures do not prove exceptional oversight effectiveness.","evidenceIds":["e28","e29","e30","e31"]}]}],"financialAssessments":[],"qualityPolicy":"quality-scores-2","sourcePolicy":"issuer-evidence-4","basisHash":"2dfd0f372313f5f7b3930a9e4b282902f1d2151573da2e3c74a5064db432deb4","updatedAt":"2026-10-18T14:10:31.713Z","sources":[{"id":"filing-1","url":"https://www.sec.gov/Archives/edgar/data/313927/000119312526048139/chd-20251231.htm","publishedAt":"2026-02-12","sha256":"d233ac4e38ab6f260db801153a8bb6b805d1f43eb5c0b032453d10a28e7f8db7","dateKind":"filed"},{"id":"filing-2","url":"https://www.sec.gov/Archives/edgar/data/313927/000119312526327567/chd-20260630.htm","publishedAt":"2026-07-31","sha256":"871a3437919458233e04b04a1e0bedc56ddc986f9d64a523f5cdd91aac6d5da4","dateKind":"filed"},{"id":"filing-3","url":"https://www.sec.gov/Archives/edgar/data/313927/000119312526115994/chd-20260319.htm","publishedAt":"2026-03-19","sha256":"0b8b1c3fa7b51e8872f4a847b0351d91e010d849750182206f9cd181718faa7e","dateKind":"filed"},{"id":"filing-4","url":"https://www.sec.gov/Archives/edgar/data/313927/000095017025019801/chd-20241231.htm","publishedAt":"2025-02-13","sha256":"aa8db19f934f8f8c416c77c7611f471ec77245508651701792014c0f132d675c","dateKind":"filed"},{"id":"filing-5","url":"https://www.sec.gov/Archives/edgar/data/313927/000095017024015810/chd-20231231.htm","publishedAt":"2024-02-15","sha256":"0b100cda5f7a9e0a446be1625a7f3e3279741247b2fd1b48e5eabc6d6d0bf018","dateKind":"filed"},{"id":"filing-6","url":"https://www.sec.gov/Archives/edgar/data/313927/000119312526200630/chd-20260331.htm","publishedAt":"2026-05-01","sha256":"383e139f8ec730f8c6a855719923947a518440d46552ac842d66ebb624e3bb02","dateKind":"filed"}],"model":"gpt-6.1-sol","providerId":"codex:3696cb9d3406b699d9bba9e43154b1a0c2c55ba1d0726654a38f3f2ec9333137","usage":{"input_tokens":86668,"cached_input_tokens":21120,"cache_write_input_tokens":0,"output_tokens":3351,"reasoning_output_tokens":94}},"signals":[{"period":"2021","end":"2021-12-31","values":{"gross_margin":43.61187645710102,"operating_margin":20.791506907381358,"roic":16.39751663453276,"fcf_margin":16.859020057417005,"sbc_revenue":0.4566386004123234},"issues":{"pfcf_growth":"TTM FCF per diluted share growth is zero or negative; a growth-adjusted multiple requires positive growth.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","roic_wacc":"Enter a WACC assumption from 0 to 100%."}},{"period":"2022","end":"2022-12-31","values":{"gross_margin":1256.9832402234636,"operating_margin":333.96648044692733,"roic":8.259965171594777,"fcf_margin":394.63687150837995,"sbc_revenue":18.044692737430164},"issues":{"peg":"TTM earnings per diluted share growth is zero or negative; a growth-adjusted multiple requires positive growth.","pfcf_growth":"TTM FCF per diluted share growth is zero or negative; a growth-adjusted multiple requires positive growth.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","roic_wacc":"Enter a WACC assumption from 0 to 100%."}},{"period":"2023","end":"2023-12-31","values":{"gross_margin":44.11288535932787,"operating_margin":18.02007532507371,"roic":13.986378286062994,"fcf_margin":13.754494793708142,"sbc_revenue":1.0838630515175787},"issues":{"software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","roic_wacc":"Enter a WACC assumption from 0 to 100%."}},{"period":"2024","end":"2024-12-31","values":{"gross_margin":45.686168557908005,"operating_margin":13.215765256832213,"roic":10.84568911311847,"fcf_margin":15.98794845343944,"sbc_revenue":0.9693635276972704},"issues":{"peg":"TTM earnings per diluted share growth is zero or negative; a growth-adjusted multiple requires positive growth.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","roiic":"Invested capital did not increase versus the prior year. ROIIC requires a positive increase.","roic_wacc":"Enter a WACC assumption from 0 to 100%."}},{"period":"2025","end":"2025-12-31","values":{"gross_margin":44.7317513541398,"operating_margin":17.37167913335053,"roic":14.557306576120721,"fcf_margin":17.61993809646634,"sbc_revenue":0.9350012896569513},"issues":{"software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","roic_wacc":"Enter a WACC assumption from 0 to 100%."}}],"sources":[{"id":"filing-1","url":"https://www.sec.gov/Archives/edgar/data/313927/000119312526048139/chd-20251231.htm","publishedAt":"2026-02-12","sha256":"d233ac4e38ab6f260db801153a8bb6b805d1f43eb5c0b032453d10a28e7f8db7","dateKind":"filed"},{"id":"filing-2","url":"https://www.sec.gov/Archives/edgar/data/313927/000119312526327567/chd-20260630.htm","publishedAt":"2026-07-31","sha256":"871a3437919458233e04b04a1e0bedc56ddc986f9d64a523f5cdd91aac6d5da4","dateKind":"filed"},{"id":"filing-3","url":"https://www.sec.gov/Archives/edgar/data/313927/000119312526115994/chd-20260319.htm","publishedAt":"2026-03-19","sha256":"0b8b1c3fa7b51e8872f4a847b0351d91e010d849750182206f9cd181718faa7e","dateKind":"filed"},{"id":"filing-4","url":"https://www.sec.gov/Archives/edgar/data/313927/000095017025019801/chd-20241231.htm","publishedAt":"2025-02-13","sha256":"aa8db19f934f8f8c416c77c7611f471ec77245508651701792014c0f132d675c","dateKind":"filed"},{"id":"filing-5","url":"https://www.sec.gov/Archives/edgar/data/313927/000095017024015810/chd-20231231.htm","publishedAt":"2024-02-15","sha256":"0b100cda5f7a9e0a446be1625a7f3e3279741247b2fd1b48e5eabc6d6d0bf018","dateKind":"filed"},{"id":"filing-6","url":"https://www.sec.gov/Archives/edgar/data/313927/000119312526200630/chd-20260331.htm","publishedAt":"2026-05-01","sha256":"383e139f8ec730f8c6a855719923947a518440d46552ac842d66ebb624e3bb02","dateKind":"filed"}],"history":[{"version":3,"updatedAt":"2026-10-18T16:35:43.872Z","verdict":"narrow","value":null},{"version":2,"updatedAt":"2026-10-18T02:27:49.793Z","verdict":"narrow","value":null},{"version":1,"updatedAt":"2026-10-18T02:18:02.026Z","verdict":null,"value":null}],"hasRequested":false,"requestStatus":"completed","researchIssue":null,"archivedMoat":null,"scope":"supported_catalog"}