The Clorox Company (CLX) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+384.0%

$430.37

vs $88.92 price

Levered DCF

$185.03

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

2.02

Grey zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	19.8×	18.3×	59.66×	131.44×	37.59×	31.84×	29.41×	23.8×
P/B	129.14×	46.2×	50.82×	89.34×	31.22×	54.97×	30.4×	34.92×
P/S	1.73×	2.09×	2.35×	2.66×	2.44×	3.08×	4.11×	3.14×
EV / EBITDA	14.55×	12.67×	26.79×	39.38×	21.64×	21.02×	20.39×	16.98×
Gross margin	42.3%	45.2%	43.0%	39.4%	35.8%	43.6%	45.6%	43.9%
Operating margin	24.7%	16.6%	10.2%	11.1%	10.1%	16.7%	18.8%	17.8%
Net margin	8.7%	11.4%	3.9%	2.0%	6.5%	9.7%	14.0%	13.2%
Current ratio	0.66×	0.84×	1.03×	0.95×	0.97×	0.89×	1.42×	0.91×
Debt / equity	61.33×	8.97×	8.85×	13.29×	5.58×	7.7×	3.44×	4.8×
Interest coverage	12.78×	13.38×	8.03×	9.14×	6.78×	12.37×	12.74×	11.41×
Dividend yield	5.2%	4.1%	3.6%	3.0%	3.3%	2.5%	1.9%	2.5%
Payout ratio	102.6%	74.3%	212.5%	391.3%	123.6%	78.6%	56.8%	59.8%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	652.2%	252.3%	85.4%	67.7%	83.1%	172.7%	103.4%	146.7%
Return on invested capital	20.4%	24.1%	12.4%	13.4%	11.9%	21.0%	20.6%	21.8%
Return on assets	7.5%	14.6%	4.9%	2.5%	7.5%	11.2%	15.1%	16.0%
Free cash flow yield	3.5%	5.1%	2.9%	4.7%	3.1%	4.2%	4.7%	4.0%
Earnings yield	5.1%	5.5%	1.7%	0.8%	2.7%	3.1%	3.4%	4.2%
Enterprise value	$17B	$17.5B	$19.4B	$22.2B	$20.3B	$25.4B	$29.9B	$22.1B
Net debt / EBITDA	4.6×	1.96×	3.74×	4.53×	3.12×	2.35×	1.54×	1.98×
Cash conversion cycle (days)	-35	13	8	8	19	14	23	38