PG vs. CL
PG (The Procter & Gamble Company) and CL (Colgate-Palmolive Company) are both stocks. Both operate in the Household & Personal Products industry within the Consumer Defensive sector. Over the past 10 years, PG returned 8.46%/yr vs 4.67%/yr for CL. At a 0.50 correlation, their price movements are largely independent.
Performance
PG vs. CL - Performance Comparison
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Returns By Period
In the year-to-date period, PG achieves a 4.11% return, which is significantly lower than CL's 18.17% return. Over the past 10 years, PG has outperformed CL with an annualized return of 8.46%, while CL has yielded a comparatively lower 4.67% annualized return.
PG
- 1D
- 0.13%
- 1M
- -0.88%
- 6M
- 5.17%
- YTD
- 4.11%
- 1Y
- -3.68%
- 3Y*
- 2.39%
- 5Y*
- 4.03%
- 10Y*
- 8.46%
CL
- 1D
- 1.35%
- 1M
- 3.19%
- 6M
- 14.61%
- YTD
- 18.17%
- 1Y
- 5.57%
- 3Y*
- 9.51%
- 5Y*
- 4.73%
- 10Y*
- 4.67%
PG vs. CL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PG The Procter & Gamble Company | 4.11% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
CL Colgate-Palmolive Company | 18.17% | -10.98% | 16.57% | 3.78% | -5.44% | 2.08% | 27.17% | 18.60% | -19.19% | 17.88% |
Correlation
The correlation between PG and CL is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
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, PG and CL have become more correlated (0.74) than their long-term average of 0.50, meaning their price movements have been converging.
Fundamentals
PG:
$342.40B
CL:
$73.81B
PG:
$5.24
CL:
$2.59
PG:
28.05
CL:
35.65
PG:
6.86
CL:
9.21
PG:
4.11
CL:
3.58
PG:
6.58
CL:
512.15
PG:
$86.72B
CL:
$20.80B
PG:
$43.64B
CL:
$12.49B
PG:
$22.63B
CL:
$3.92B
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Return for Risk
PG vs. CL — Risk / Return Rank
PG
CL
PG vs. CL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Procter & Gamble Company (PG) and Colgate-Palmolive Company (CL). 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.
| PG | CL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.05 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.29 | 0.26 | -0.55 |
| Martin ratioReturn relative to average drawdown | -0.52 | 0.46 | -0.98 |
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Drawdowns
PG vs. CL - Drawdown Comparison
The maximum PG drawdown since its inception was -54.25%, smaller than the maximum CL drawdown of -58.91%. Use the drawdown chart below to compare losses from any high point for PG and CL.
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Drawdown Indicators
| PG | CL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.25% | -58.91% | +4.66% |
Max Drawdown (1Y)Largest decline over 1 year | -15.52% | -16.97% | +1.45% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | -29.05% | +7.90% |
Max Drawdown (5Y)Largest decline over 5 years | -23.77% | -29.05% | +5.28% |
Max Drawdown (10Y)Largest decline over 10 years | -23.77% | -29.05% | +5.28% |
Current DrawdownCurrent decline from peak | -14.78% | -11.63% | -3.15% |
Average DrawdownAverage peak-to-trough decline | -12.16% | -11.24% | -0.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.73% | 10.04% | -1.31% |
Volatility
PG vs. CL - Volatility Comparison
The Procter & Gamble Company (PG) and Colgate-Palmolive Company (CL) have volatilities of 6.83% and 7.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PG | CL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.83% | 7.00% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 15.83% | 17.88% | -2.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.55% | 22.17% | -2.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.02% | 18.98% | -0.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.13% | 19.81% | -0.68% |
Dividends
PG vs. CL - Dividend Comparison
PG's dividend yield for the trailing twelve months is around 2.90%, more than CL's 2.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CL Colgate-Palmolive Company | 2.27% | 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 | 2.90% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Financials
PG vs. CL - Financials Comparison
This section allows you to compare key financial metrics between The Procter & Gamble Company and Colgate-Palmolive 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
PG vs. CL - Profitability Comparison
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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 - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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 - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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 - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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 - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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%.
CL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Colgate-Palmolive Company reported a net income of 646.00M and revenue of 5.32B, resulting in a net margin of 12.1%.
Frequently Asked Questions
PG and CL have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CL has higher volatility (7.00%) compared to PG (6.83%). In terms of maximum drawdown, PG dropped -54.25% vs CL's -58.91%.
CL currently has the higher Sharpe Ratio (0.20 vs -0.23), 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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