CL vs. PG
CL (Colgate-Palmolive Company) and PG (The Procter & Gamble Company) are both stocks. Both operate in the Household & Personal Products industry within the Consumer Defensive sector. Over the past 10 years, CL returned 4.75%/yr vs 8.96%/yr for PG. At a 0.50 correlation, their price movements are largely independent.
Performance
CL vs. PG - Performance Comparison
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Returns By Period
In the year-to-date period, CL achieves a 13.60% return, which is significantly higher than PG's 4.56% return. Over the past 10 years, CL has underperformed PG with an annualized return of 4.75%, while PG has yielded a comparatively higher 8.96% annualized return.
CL
- 1D
- -0.91%
- 1M
- -2.14%
- YTD
- 13.60%
- 6M
- 13.57%
- 1Y
- 3.57%
- 3Y*
- 7.27%
- 5Y*
- 4.47%
- 10Y*
- 4.75%
PG
- 1D
- -1.80%
- 1M
- 2.24%
- YTD
- 4.56%
- 6M
- 5.02%
- 1Y
- -4.50%
- 3Y*
- 2.45%
- 5Y*
- 4.76%
- 10Y*
- 8.96%
CL vs. PG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CL Colgate-Palmolive Company | 13.60% | -10.98% | 16.57% | 3.78% | -5.44% | 2.08% | 27.17% | 18.60% | -19.19% | 17.88% |
PG The Procter & Gamble Company | 4.56% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
Correlation
The correlation between CL and PG is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 1977 | 0.50 |
Over the past year, CL and PG have become more correlated (0.72) than their long-term average of 0.50, meaning their price movements have been converging.
Fundamentals
CL:
$71.39B
PG:
$356.87B
CL:
$2.58
PG:
$5.23
CL:
34.38
PG:
28.26
CL:
8.88
PG:
6.91
CL:
3.45
PG:
4.14
CL:
492.33
PG:
6.61
CL:
$20.80B
PG:
$86.72B
CL:
$12.49B
PG:
$43.64B
CL:
$3.92B
PG:
$22.63B
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Return for Risk
CL vs. PG — Risk / Return Rank
CL
PG
CL vs. PG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Colgate-Palmolive Company (CL) and The Procter & Gamble Company (PG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CL | PG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 0.98 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | -0.29 | +0.48 |
| Martin ratioReturn relative to average drawdown | 0.31 | -0.53 | +0.85 |
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Drawdowns
CL vs. PG - Drawdown Comparison
The maximum CL drawdown since its inception was -58.91%, which is greater than PG's maximum drawdown of -54.25%. Use the drawdown chart below to compare losses from any high point for CL and PG.
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Drawdown Indicators
| CL | PG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.91% | -54.25% | -4.66% |
Max Drawdown (1Y)Largest decline over 1 year | -18.64% | -15.52% | -3.12% |
Max Drawdown (3Y)Largest decline over 3 years | -29.05% | -21.15% | -7.90% |
Max Drawdown (5Y)Largest decline over 5 years | -29.05% | -23.77% | -5.28% |
Max Drawdown (10Y)Largest decline over 10 years | -29.05% | -23.77% | -5.28% |
Current DrawdownCurrent decline from peak | -15.05% | -14.41% | -0.64% |
Average DrawdownAverage peak-to-trough decline | -11.24% | -12.16% | +0.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.37% | 8.46% | +2.91% |
Volatility
CL vs. PG - Volatility Comparison
Colgate-Palmolive Company (CL) has a higher volatility of 8.18% compared to The Procter & Gamble Company (PG) at 7.38%. This indicates that CL's price experiences larger fluctuations and is considered to be riskier than PG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CL | PG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.18% | 7.38% | +0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 17.25% | 14.98% | +2.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.63% | 18.83% | +2.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.81% | 17.84% | +0.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.77% | 19.08% | +0.69% |
Dividends
CL vs. PG - Dividend Comparison
CL's dividend yield for the trailing twelve months is around 2.36%, less than PG's 2.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CL Colgate-Palmolive Company | 2.36% | 2.61% | 2.18% | 2.40% | 2.36% | 2.10% | 2.05% | 2.48% | 2.79% | 2.11% | 2.37% | 2.25% |
PG The Procter & Gamble Company | 2.88% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Financials
CL vs. PG - Financials Comparison
This section allows you to compare key financial metrics between Colgate-Palmolive Company and The Procter & Gamble Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CL vs. PG - Profitability Comparison
CL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Colgate-Palmolive Company reported a gross profit of 3.23B and revenue of 5.32B. Therefore, the gross margin over that period was 60.6%.
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a gross profit of 10.51B and revenue of 21.24B. Therefore, the gross margin over that period was 49.5%.
CL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Colgate-Palmolive Company reported an operating income of 1.16B and revenue of 5.32B, resulting in an operating margin of 21.7%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported an operating income of 4.58B and revenue of 21.24B, resulting in an operating margin of 21.6%.
CL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Colgate-Palmolive Company reported a net income of 646.00M and revenue of 5.32B, resulting in a net margin of 12.1%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a net income of 18.50M and revenue of 21.24B, resulting in a net margin of 0.1%.
Frequently Asked Questions
CL and PG have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CL has higher volatility (8.18%) compared to PG (7.38%). In terms of maximum drawdown, CL dropped -58.91% vs PG's -54.25%.
CL currently has the higher Sharpe Ratio (0.17 vs -0.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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