On this page of StockholderLetter.com we present the latest annual shareholder letter from CHURCH & DWIGHT CO INC /DE/ — ticker symbol CHD. Reading current and past CHD letters to shareholders can bring important insights into the investment thesis.
C HU RC H & DWIG H T CO., IN C.
2025
ANN UA L REPO RT
On January 28, 2026, the Company declared a 4.2% increase in its
quarterly dividend from $0.295 per share to $0.3075 per share.
2025 Key Financial Results
Worldwide net sales increased 1.6%.
Organic sales increased 0.7%.
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in millions, except per share data
2025
2024
reported
adjusted*
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Net Sales
Adjusted Earnings Per Share (1)
(in millions of dollars)
(in dollars)
$5,868
$6,107
$6,203
2023
2024
2025
$3.17(2)
2023
$3.44(3)
$3.53(4)
2024
2025
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Growth Driven by 7 Power Brands
ARM & HAMMER
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OXICLEAN
#1 Stain Fighter
BATISTE
#1 Dry Shampoo
WATERPIK
#1 Power
Water Flosser
THERABREATH
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HERO
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TOUCHLAND
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Annual Report 2025 | 1
RICHARD A. DIERKER
LEE MCCHESNEY
PATRICK D. DE MAYNADIER, ESQ.
President and
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Dear Fellow Stockholder,
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earnings growth despite a challenging macroeconomic
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2 | Church & Dwight Co., Inc.
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Evergreen Model
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Total Shareholder Return (TSR)
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We manage Church & Dwight with the perennial goal
o= 7;  b  ;ubm] v|uom] $"! |o   o     o  u v|o1h_o  7;uv   $o|-   
"_-u;_o  7;u !;|  um u;ru;v;m|v |_; 1ol0bm-   om o= v|o1h 
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Key Drivers of TSR
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2. Focus on Power Brands
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v  rrou| |_;   om]  |;ul ]uo  |_   ; ;  r;1| =uol o  u 
v  0vb7b-ub;v -m7       
Annual Report 2025 | 3
 • shareholder letter icon 3/19/2026 Letter Continued (Full PDF)
 • stockholder letter icon 3/17/2023 CHD Stockholder Letter
 • stockholder letter icon 3/22/2024 CHD Stockholder Letter
 • stockholder letter icon 3/20/2025 CHD Stockholder Letter
 • stockholder letter icon More "Consumer Goods" Category Stockholder Letters
 • Benford's Law Stocks icon CHD Benford's Law Stock Score = 86


CHD Shareholder/Stockholder Letter Transcript:

C HU RC H & DWIG H T CO., IN C.
2025
ANN UA L REPO RT

On January 28, 2026, the Company declared a 4.2% increase in its
quarterly dividend from $0.295 per share to $0.3075 per share.
2025 Key Financial Results
Worldwide net sales increased 1.6%.
Organic sales increased 0.7%.
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in millions, except per share data
2025
2024
reported
adjusted*
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 m1ol; =uol  r;u-   omv 


 r;u-   m]  uoC|  -u]bm 


reported

adjusted*











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b  b7;m7v  ;u "_-u; 






+;-u  ;m7 "|o1h  ub1; 




Net Sales
Adjusted Earnings Per Share (1)
(in millions of dollars)
(in dollars)
$5,868
$6,107
$6,203
2023
2024
2025
$3.17(2)
2023
$3.44(3)
$3.53(4)
2024
2025
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Growth Driven by 7 Power Brands
ARM & HAMMER
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OXICLEAN
#1 Stain Fighter
BATISTE
#1 Dry Shampoo
WATERPIK
#1 Power
Water Flosser
THERABREATH
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HERO
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TOUCHLAND
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Annual Report 2025 | 1

RICHARD A. DIERKER
LEE MCCHESNEY
PATRICK D. DE MAYNADIER, ESQ.
President and
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Dear Fellow Stockholder,
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earnings growth despite a challenging macroeconomic
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2 | Church & Dwight Co., Inc.
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Evergreen Model
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v-   7o  0  ;  7b]b| ]uo  |_ ]  o0-        
Total Shareholder Return (TSR)
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We manage Church & Dwight with the perennial goal
o= 7;  b  ;ubm] v|uom] $"! |o   o     o  u v|o1h_o  7;uv   $o|-   
"_-u;_o  7;u !;|  um u;ru;v;m|v |_; 1ol0bm-   om o= v|o1h 
rub1; -rru;1b-   om -m7 7b  b7;m7v      ;u |_; r-v| 7;1-7;   ; 
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v|u-|;]b1 -1t  bvb   omv   ;7 |o |_;   |_ v|uom];v| $"! 
r;u=oul-m1; bm o  u     v;1|ou   
Key Drivers of TSR
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7;  b  ;uv v|uom] $"!   ); l-h; - r  -m   -m7   ; 7o   _-| 
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1omvbv   m] o= 0o|_ ru;lb  l            -m7   -    ;            0u-m7v   
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); 0;  b;  ; mo o|_;u 1omv  l;u r-1h-];7 ]oo7v 1olr-m   
_-v v  1_ -   ;      0-  -m1;7 rou o  bo o= 0o|_ ru;lb  l -m7 
  -    ; 0u-m7v    ;     om]  |;ul rou o  bo u;rovb   ombm] 7om; bm 
           b     1om   m  ; |o ]b  ; o  u  olr-m   -   ;-7bm] l;-v  u; 
o= u;vb  b;m1; -]-bmv| -m   m1;u|-bm ;1omolb1 =  |  u;  
2. Focus on Power Brands
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0  vbm;vv |o ]uo   u;  ;m  ;v      -mm  -         $o7-            o= 
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ruo7  1|v |o lou; |_-m        1o  m|ub;v |_uo  ]_ o  u    o0-   
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lo7;      m            o  u bm|;um-   om-   v  0vb7b-ub;v |o];|_;u 
]u;   -  lov|      -m7 -11o  m|;7 =ou        o= o  u bm|;um-   om-   
v-  ;v       ]u;   -  lov|      -m7 1om   m  ;v |o 0; |_; 
  -u];v| bm|;um-   om-   0  vbm;vv   u;ru;v;m   m]        o= o  u 
bm|;um-   om-   u;  ;m  ;v    m              ;   b     1om   m  ; |o bm  ;v| 
bm o  u 0-1h  oL1; bm=u-v|u  1|  u;   ;vr;1b-       u;]    -|ou       
m;   ruo7  1| 7;  ;  orl;m| -m7 bm=oul-   om v  v|;lv |o 
v  rrou| |_;   om]  |;ul ]uo  |_   ; ;  r;1| =uol o  u 
v  0vb7b-ub;v -m7       
Annual Report 2025 | 3



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