# Household & Personal Products — company-by-company sector analysis > Household & Personal Products: The Procter & Gamble Company owns the largest revenue base; Magnera Corporation has the fastest current growth. Sector Alpha — machine-written from the numbers. Data as of 2026-07-28. Not investment advice. ## Bottom line Household & Personal Products has underperformed S&P 500 by 5.1% over 52 weeks and 13.9% over 13 weeks. 11 of 20 covered companies beat the S&P 500 on Mansfield relative strength, while 8 of 20 beat the sector itself. The Procter & Gamble Company leads with revenue of $86,718 million, based on 19 of 20 comparable companies through Mar 2026. ### Is the Household & Personal Products sector outperforming S&P 500? Household & Personal Products has underperformed S&P 500 by 5.1% over 52 weeks and 13.9% over 13 weeks. 11 of 20 covered companies beat the S&P 500 on Mansfield relative strength, while 8 of 20 beat the sector itself. ### Which Household & Personal Products company is largest by revenue? The Procter & Gamble Company leads with revenue of $86,718 million, based on 19 of 20 comparable companies through Mar 2026. ### Which Household & Personal Products company is growing fastest? Magnera Corporation has the fastest current revenue growth at 35.3%, across 19 of 20 comparable companies. ### Which Household & Personal Products company has the strongest 4-Factor Sector Score? Helen of Troy Limited ranks first at 68.8/100 with 71.7% evidence confidence. The score prioritizes research; it is not a buy recommendation. ### Which Household & Personal Products company reports the most CAPEX? The Procter & Gamble Company reports the largest latest CAPEX at $1,019 million, with 20 of 20 companies comparable. ### Which Household & Personal Products company has the least gross debt? The Honest Company, Inc. has the lowest comparable gross debt at $3 million. The Procter & Gamble Company has the highest at $37,026 million. ### Which Household & Personal Products company has the lowest comparable PEG? Kenvue Inc. has the lowest comparable Guarded PEG at 0.38, among 12 of 20 companies that pass the metric’s comparability rules. ### How much history does this Household & Personal Products comparison include? The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated. ### How is the 4-Factor Sector Score calculated? The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral. ## Sector relative strength Household & Personal Products has underperformed S&P 500 by 5.1% over the last 52 weeks. Over 13 weeks the gap is a lead of 13.9%. 11 of 20 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. Acme United Corporation is the strongest against the sector itself at +24.5%. 13-week sector return versus NIFTY 500: 14% 52-week sector return versus NIFTY 500: -5.1% Stocks leading NIFTY: 11/20 Stocks leading sector: 8/20 Central tension: The central tension: the companies with the most scale are not necessarily the companies creating the most change. Companies: 20 Combined market value: ₹7.3 L Cr ## 4-Factor Sector Score An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment. 1. Helen of Troy Limited (HELE): 69/100 — Favorable setup; evidence 72% - Growth & earnings 24.1/35 | Capital efficiency 12.7/25 | Valuation 16.0/20 | Relative strength 16.0/20 - Exact sum: 24.1 + 12.7 + 16 + 16 = 68.8 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. 2. Kenvue Inc. (KVUE): 66/100 — Favorable setup; evidence 82% - Growth & earnings 24.8/35 | Capital efficiency 14.9/25 | Valuation 14.9/20 | Relative strength 11.1/20 - Exact sum: 24.8 + 14.9 + 14.9 + 11.1 = 65.7 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. 3. Interparfums, Inc. (IPAR): 61/100 — Mixed-positive evidence; evidence 82% - Growth & earnings 15.1/35 | Capital efficiency 17.5/25 | Valuation 9.9/20 | Relative strength 18.1/20 - Exact sum: 15.1 + 17.5 + 9.9 + 18.1 = 60.6 - Decision use: Price leads the evidence: RS versus the benchmark is 21%, but earnings trajectory is weak. Wait for revenue and profit confirmation. 4. Spectrum Brands Holdings, Inc. (SPB): 56/100 — Mixed-positive evidence; evidence 82% - Growth & earnings 21.8/35 | Capital efficiency 11.4/25 | Valuation 9.8/20 | Relative strength 12.6/20 - Exact sum: 21.8 + 11.4 + 9.8 + 12.6 = 55.6 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. 5. Church & Dwight Co., Inc. (CHD): 54/100 — Mixed-positive evidence; evidence 82% - Growth & earnings 19.9/35 | Capital efficiency 15.0/25 | Valuation 12.8/20 | Relative strength 5.9/20 - Exact sum: 19.9 + 15 + 12.8 + 5.9 = 53.6 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. 6. Magnera Corporation (MAGN): 52/100 — Thin evidence · provisional; evidence 59% - Growth & earnings 20.9/35 | Capital efficiency 6.2/25 | Valuation 11.2/20 | Relative strength 13.6/20 - Exact sum: 20.9 + 6.2 + 11.2 + 13.6 = 51.9 - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. 7. The Clorox Company (CLX): 51/100 — Mixed-positive evidence; evidence 82% - Growth & earnings 21.0/35 | Capital efficiency 11.8/25 | Valuation 11.8/20 | Relative strength 6.3/20 - Exact sum: 21 + 11.8 + 11.8 + 6.3 = 50.9 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. 8. Kimberly-Clark Corporation (KMB): 49/100 — Mixed-negative evidence; evidence 82% - Growth & earnings 19.3/35 | Capital efficiency 12.9/25 | Valuation 8.2/20 | Relative strength 8.9/20 - Exact sum: 19.3 + 12.9 + 8.2 + 8.9 = 49.3 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. 9. Acme United Corporation (ACU): 49/100 — Mixed-negative evidence; evidence 76% - Growth & earnings 13.9/35 | Capital efficiency 11.8/25 | Valuation 5.8/20 | Relative strength 17.0/20 - Exact sum: 13.9 + 11.8 + 5.8 + 17 = 48.5 - Decision use: Price leads the evidence: RS versus the benchmark is 29.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation. 10. Newell Brands Inc. (NWL): 45/100 — Mixed-negative evidence; evidence 65% - Growth & earnings 14.8/35 | Capital efficiency 5.5/25 | Valuation 9.6/20 | Relative strength 14.9/20 - Exact sum: 14.8 + 5.5 + 9.6 + 14.9 = 44.8 - Decision use: Price leads the evidence: RS versus the benchmark is 9%, but earnings trajectory is weak. Wait for revenue and profit confirmation. 11. Edgewell Personal Care Company (EPC): 44/100 — Mixed-negative evidence; evidence 66% - Growth & earnings 8.8/35 | Capital efficiency 9.8/25 | Valuation 9.1/20 | Relative strength 16.5/20 - Exact sum: 8.8 + 9.8 + 9.1 + 16.5 = 44.2 - Decision use: Price leads the evidence: RS versus the benchmark is 24.7%, but earnings trajectory is weak. Wait for revenue and profit confirmation. 12. The Procter & Gamble Company (PG): 44/100 — Mixed-negative evidence; evidence 82% - Growth & earnings 17.5/35 | Capital efficiency 16.2/25 | Valuation 6.6/20 | Relative strength 3.5/20 - Exact sum: 17.5 + 16.2 + 6.6 + 3.5 = 43.8 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. 13. Nu Skin Enterprises, Inc. (NUS): 44/100 — Thin evidence · provisional; evidence 59% - Growth & earnings 18.5/35 | Capital efficiency 10.0/25 | Valuation 11.5/20 | Relative strength 3.5/20 - Exact sum: 18.5 + 10 + 11.5 + 3.5 = 43.5 - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. 14. The Honest Company, Inc. (HNST): 42/100 — Thin evidence · provisional; evidence 59% - Growth & earnings 9.0/35 | Capital efficiency 9.5/25 | Valuation 9.0/20 | Relative strength 14.6/20 - Exact sum: 9 + 9.5 + 9 + 14.6 = 42.1 - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. 15. Colgate-Palmolive Company (CL): 41/100 — Mixed-negative evidence; evidence 82% - Growth & earnings 12.7/35 | Capital efficiency 13.0/25 | Valuation 7.8/20 | Relative strength 7.4/20 - Exact sum: 12.7 + 13 + 7.8 + 7.4 = 40.9 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. 16. The Estée Lauder Companies Inc. (EL): 34/100 — Adverse evidence; evidence 65% - Growth & earnings 14.1/35 | Capital efficiency 8.3/25 | Valuation 8.7/20 | Relative strength 2.4/20 - Exact sum: 14.1 + 8.3 + 8.7 + 2.4 = 33.5 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. 17. e.l.f. Beauty, Inc. (ELF): 32/100 — Adverse evidence; evidence 82% - Growth & earnings 11.4/35 | Capital efficiency 8.9/25 | Valuation 3.8/20 | Relative strength 8.1/20 - Exact sum: 11.4 + 8.9 + 3.8 + 8.1 = 32.2 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. 18. Coty Inc. (COTY): 31/100 — Adverse evidence; evidence 65% - Growth & earnings 10.3/35 | Capital efficiency 5.8/25 | Valuation 8.5/20 | Relative strength 6.6/20 - Exact sum: 10.3 + 5.8 + 8.5 + 6.6 = 31.2 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. 19. Oddity Tech Ltd. (ODD): 26/100 — Adverse evidence; evidence 76% - Growth & earnings 9.0/35 | Capital efficiency 5.3/25 | Valuation 8.3/20 | Relative strength 3.0/20 - Exact sum: 9 + 5.3 + 8.3 + 3 = 25.6 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. 20. Unilever PLC (UL): 48/100 — Thin evidence · provisional; evidence 35% - Growth & earnings 18.1/35 | Capital efficiency 12.9/25 | Valuation 11.0/20 | Relative strength 5.8/20 - Exact sum: 18.1 + 12.9 + 11 + 5.8 = 47.8 - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. ## Revenue Scale & Growth Durability What the numbers say: The Procter & Gamble Company is the scale leader at $86,718 million, 317% ahead of Colgate-Palmolive Company. Magnera Corporation's growth is 35.3% from a $3,266 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale. Investor read: The Procter & Gamble Company is the scale benchmark; Magnera Corporation is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns. This conclusion weakens if: The Procter & Gamble Company's growth falls below Magnera Corporation's for two consecutive comparable reports while operating margin also compresses. Evidence: The Procter & Gamble Company · $86,718 million | 317% versus #2 · Colgate-Palmolive Company | 5/8 recent comparable periods | 19/20 companies · 366 observations Definition: Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress. ### Revenue — largest 1. The Procter & Gamble Company (PG): ₹86.7K Cr 2. Colgate-Palmolive Company (CL): ₹20.8K Cr 3. Kimberly-Clark Corporation (KMB): ₹16.6K Cr 4. Kenvue Inc. (KVUE): ₹15.3K Cr 5. The Estée Lauder Companies Inc. (EL): ₹14.8K Cr ### Revenue growth — fastest growers 1. Magnera Corporation (MAGN): 35% 2. e.l.f. Beauty, Inc. (ELF): 25% 3. Oddity Tech Ltd. (ODD): 5.1% 4. Colgate-Palmolive Company (CL): 4.3% 5. Acme United Corporation (ACU): 4.1% ### 20-quarter Revenue history - PG: Sep 2021 ₹20.3K Cr | Dec 2021 ₹21.0K Cr | Mar 2022 ₹19.4K Cr | Jun 2022 ₹19.5K Cr | Sep 2022 ₹20.6K Cr | Dec 2022 ₹20.8K Cr | Mar 2023 ₹20.1K Cr | Jun 2023 ₹20.6K Cr | Sep 2023 ₹21.9K Cr | Dec 2023 ₹21.4K Cr | Mar 2024 ₹20.2K Cr | Jun 2024 ₹20.5K Cr | Sep 2024 ₹21.7K Cr | Dec 2024 ₹21.9K Cr | Mar 2025 ₹19.8K Cr | Jun 2025 ₹20.9K Cr | Sep 2025 ₹22.4K Cr | Dec 2025 ₹22.2K Cr | Mar 2026 ₹21.2K Cr | Jun 2026 — - UL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 ₹29.6K Cr | Sep 2022 — | Dec 2022 ₹30.5K Cr | Mar 2023 — | Jun 2023 ₹30.4K Cr | Sep 2023 — | Dec 2023 ₹21.3K Cr | Mar 2024 — | Jun 2024 ₹31.1K Cr | Sep 2024 — | Dec 2024 ₹29.6K Cr | Mar 2025 — | Jun 2025 ₹30.1K Cr | Sep 2025 — | Dec 2025 ₹20.4K Cr | Mar 2026 — | Jun 2026 — - CL: Sep 2021 ₹4.4K Cr | Dec 2021 ₹4.4K Cr | Mar 2022 ₹4.4K Cr | Jun 2022 ₹4.5K Cr | Sep 2022 ₹4.5K Cr | Dec 2022 ₹4.6K Cr | Mar 2023 ₹4.8K Cr | Jun 2023 ₹4.8K Cr | Sep 2023 ₹4.9K Cr | Dec 2023 ₹5.0K Cr | Mar 2024 ₹5.1K Cr | Jun 2024 ₹5.1K Cr | Sep 2024 ₹5.0K Cr | Dec 2024 ₹4.9K Cr | Mar 2025 ₹4.9K Cr | Jun 2025 ₹5.1K Cr | Sep 2025 ₹5.1K Cr | Dec 2025 ₹5.2K Cr | Mar 2026 ₹5.3K Cr | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 — | Mar 2022 ₹3.7K Cr | Jun 2022 ₹3.6K Cr | Sep 2022 ₹3.8K Cr | Dec 2022 ₹3.8K Cr | Mar 2023 ₹3.8K Cr | Jun 2023 ₹3.9K Cr | Sep 2023 ₹4.0K Cr | Dec 2023 ₹3.9K Cr | Mar 2024 ₹3.9K Cr | Jun 2024 ₹4.0K Cr | Sep 2024 ₹3.9K Cr | Dec 2024 ₹3.7K Cr | Mar 2025 ₹3.7K Cr | Jun 2025 ₹3.8K Cr | Sep 2025 ₹3.8K Cr | Dec 2025 ₹3.8K Cr | Mar 2026 ₹3.9K Cr | Jun 2026 — - KMB: Sep 2021 ₹5.0K Cr | Dec 2021 ₹5.0K Cr | Mar 2022 ₹5.1K Cr | Jun 2022 ₹5.1K Cr | Sep 2022 ₹5.1K Cr | Dec 2022 ₹5.0K Cr | Mar 2023 ₹5.2K Cr | Jun 2023 ₹5.1K Cr | Sep 2023 ₹5.1K Cr | Dec 2023 ₹5.0K Cr | Mar 2024 ₹5.1K Cr | Jun 2024 ₹4.2K Cr | Sep 2024 ₹4.1K Cr | Dec 2024 ₹4.1K Cr | Mar 2025 ₹4.1K Cr | Jun 2025 ₹4.2K Cr | Sep 2025 ₹4.2K Cr | Dec 2025 ₹4.1K Cr | Mar 2026 ₹4.2K Cr | Jun 2026 — - EL: Sep 2021 ₹4.4K Cr | Dec 2021 ₹5.5K Cr | Mar 2022 ₹4.2K Cr | Jun 2022 ₹3.6K Cr | Sep 2022 ₹3.9K Cr | Dec 2022 ₹4.6K Cr | Mar 2023 ₹3.8K Cr | Jun 2023 ₹3.6K Cr | Sep 2023 ₹3.5K Cr | Dec 2023 ₹4.3K Cr | Mar 2024 ₹3.9K Cr | Jun 2024 ₹3.9K Cr | Sep 2024 ₹3.4K Cr | Dec 2024 ₹4.0K Cr | Mar 2025 ₹3.6K Cr | Jun 2025 ₹3.4K Cr | Sep 2025 ₹3.5K Cr | Dec 2025 ₹4.2K Cr | Mar 2026 ₹3.7K Cr | Jun 2026 — - CHD: Sep 2021 ₹1.3K Cr | Dec 2021 ₹1.4K Cr | Mar 2022 ₹1.3K Cr | Jun 2022 ₹1.3K Cr | Sep 2022 ₹1.3K Cr | Dec 2022 ₹1.4K Cr | Mar 2023 ₹1.4K Cr | Jun 2023 ₹1.5K Cr | Sep 2023 ₹1.5K Cr | Dec 2023 ₹1.5K Cr | Mar 2024 ₹1.5K Cr | Jun 2024 ₹1.5K Cr | Sep 2024 ₹1.5K Cr | Dec 2024 ₹1.6K Cr | Mar 2025 ₹1.5K Cr | Jun 2025 ₹1.5K Cr | Sep 2025 ₹1.6K Cr | Dec 2025 ₹1.6K Cr | Mar 2026 ₹1.5K Cr | Jun 2026 — - CLX: Sep 2021 ₹1.8K Cr | Dec 2021 ₹1.7K Cr | Mar 2022 ₹1.8K Cr | Jun 2022 ₹1.8K Cr | Sep 2022 ₹1.7K Cr | Dec 2022 ₹1.7K Cr | Mar 2023 ₹1.9K Cr | Jun 2023 ₹2.0K Cr | Sep 2023 ₹1.4K Cr | Dec 2023 ₹2.0K Cr | Mar 2024 ₹1.8K Cr | Jun 2024 ₹1.9K Cr | Sep 2024 ₹1.8K Cr | Dec 2024 ₹1.7K Cr | Mar 2025 ₹1.7K Cr | Jun 2025 ₹2.0K Cr | Sep 2025 ₹1.4K Cr | Dec 2025 ₹1.7K Cr | Mar 2026 ₹1.7K Cr | Jun 2026 — - ELF: Sep 2021 ₹92 Cr | Dec 2021 ₹98 Cr | Mar 2022 ₹105 Cr | Jun 2022 ₹123 Cr | Sep 2022 ₹122 Cr | Dec 2022 ₹147 Cr | Mar 2023 ₹187 Cr | Jun 2023 ₹216 Cr | Sep 2023 ₹216 Cr | Dec 2023 ₹271 Cr | Mar 2024 ₹321 Cr | Jun 2024 ₹324 Cr | Sep 2024 ₹301 Cr | Dec 2024 ₹355 Cr | Mar 2025 ₹333 Cr | Jun 2025 ₹354 Cr | Sep 2025 ₹344 Cr | Dec 2025 ₹490 Cr | Mar 2026 ₹449 Cr | Jun 2026 — - IPAR: Sep 2021 ₹263 Cr | Dec 2021 ₹211 Cr | Mar 2022 ₹251 Cr | Jun 2022 ₹245 Cr | Sep 2022 ₹280 Cr | Dec 2022 ₹311 Cr | Mar 2023 ₹312 Cr | Jun 2023 ₹309 Cr | Sep 2023 ₹368 Cr | Dec 2023 ₹329 Cr | Mar 2024 ₹324 Cr | Jun 2024 ₹342 Cr | Sep 2024 ₹425 Cr | Dec 2024 ₹362 Cr | Mar 2025 ₹339 Cr | Jun 2025 ₹334 Cr | Sep 2025 ₹430 Cr | Dec 2025 ₹386 Cr | Mar 2026 ₹345 Cr | Jun 2026 — - COTY: Sep 2021 ₹1.4K Cr | Dec 2021 ₹1.6K Cr | Mar 2022 ₹1.2K Cr | Jun 2022 ₹1.2K Cr | Sep 2022 ₹1.4K Cr | Dec 2022 ₹1.5K Cr | Mar 2023 ₹1.3K Cr | Jun 2023 ₹1.4K Cr | Sep 2023 ₹1.6K Cr | Dec 2023 ₹1.7K Cr | Mar 2024 ₹1.4K Cr | Jun 2024 ₹1.4K Cr | Sep 2024 ₹1.7K Cr | Dec 2024 ₹1.7K Cr | Mar 2025 ₹1.3K Cr | Jun 2025 ₹1.3K Cr | Sep 2025 ₹1.6K Cr | Dec 2025 ₹1.7K Cr | Mar 2026 ₹1.3K Cr | Jun 2026 — - NWL: Sep 2021 ₹2.8K Cr | Dec 2021 ₹2.8K Cr | Mar 2022 ₹2.4K Cr | Jun 2022 ₹2.5K Cr | Sep 2022 ₹2.3K Cr | Dec 2022 ₹2.3K Cr | Mar 2023 ₹1.8K Cr | Jun 2023 ₹2.2K Cr | Sep 2023 ₹2.0K Cr | Dec 2023 ₹2.1K Cr | Mar 2024 ₹1.7K Cr | Jun 2024 ₹2.0K Cr | Sep 2024 ₹1.9K Cr | Dec 2024 ₹1.9K Cr | Mar 2025 ₹1.6K Cr | Jun 2025 ₹1.9K Cr | Sep 2025 ₹1.8K Cr | Dec 2025 ₹1.9K Cr | Mar 2026 ₹1.5K Cr | Jun 2026 — - SPB: Sep 2021 ₹744 Cr | Dec 2021 — | Mar 2022 ₹757 Cr | Jun 2022 ₹808 Cr | Sep 2022 ₹818 Cr | Dec 2022 — | Mar 2023 ₹713 Cr | Jun 2023 ₹729 Cr | Sep 2023 ₹736 Cr | Dec 2023 ₹692 Cr | Mar 2024 ₹719 Cr | Jun 2024 ₹779 Cr | Sep 2024 ₹774 Cr | Dec 2024 ₹700 Cr | Mar 2025 ₹676 Cr | Jun 2025 ₹700 Cr | Sep 2025 ₹734 Cr | Dec 2025 ₹677 Cr | Mar 2026 ₹709 Cr | Jun 2026 — - EPC: Sep 2021 ₹543 Cr | Dec 2021 ₹463 Cr | Mar 2022 ₹548 Cr | Jun 2022 ₹624 Cr | Sep 2022 ₹537 Cr | Dec 2022 ₹469 Cr | Mar 2023 ₹598 Cr | Jun 2023 ₹650 Cr | Sep 2023 ₹534 Cr | Dec 2023 ₹489 Cr | Mar 2024 ₹599 Cr | Jun 2024 ₹648 Cr | Sep 2024 ₹518 Cr | Dec 2024 ₹415 Cr | Mar 2025 ₹517 Cr | Jun 2025 ₹627 Cr | Sep 2025 ₹537 Cr | Dec 2025 ₹423 Cr | Mar 2026 ₹520 Cr | Jun 2026 — - ODD: Sep 2021 ₹51 Cr | Dec 2021 ₹54 Cr | Mar 2022 ₹90 Cr | Jun 2022 ₹98 Cr | Sep 2022 ₹69 Cr | Dec 2022 ₹67 Cr | Mar 2023 ₹166 Cr | Jun 2023 ₹151 Cr | Sep 2023 ₹94 Cr | Dec 2023 ₹97 Cr | Mar 2024 ₹212 Cr | Jun 2024 ₹193 Cr | Sep 2024 ₹119 Cr | Dec 2024 ₹124 Cr | Mar 2025 ₹268 Cr | Jun 2025 ₹241 Cr | Sep 2025 ₹148 Cr | Dec 2025 ₹153 Cr | Mar 2026 ₹198 Cr | Jun 2026 — - HELE: Sep 2021 ₹475 Cr | Dec 2021 ₹625 Cr | Mar 2022 ₹582 Cr | Jun 2022 ₹508 Cr | Sep 2022 ₹521 Cr | Dec 2022 ₹559 Cr | Mar 2023 ₹485 Cr | Jun 2023 ₹475 Cr | Sep 2023 ₹492 Cr | Dec 2023 ₹550 Cr | Mar 2024 ₹489 Cr | Jun 2024 ₹417 Cr | Sep 2024 ₹474 Cr | Dec 2024 ₹531 Cr | Mar 2025 ₹486 Cr | Jun 2025 ₹372 Cr | Sep 2025 ₹432 Cr | Dec 2025 ₹513 Cr | Mar 2026 ₹470 Cr | Jun 2026 ₹402 Cr - MAGN: Sep 2021 ₹280 Cr | Dec 2021 ₹334 Cr | Mar 2022 ₹382 Cr | Jun 2022 ₹364 Cr | Sep 2022 ₹372 Cr | Dec 2022 ₹374 Cr | Mar 2023 ₹378 Cr | Jun 2023 ₹357 Cr | Sep 2023 ₹330 Cr | Dec 2023 ₹519 Cr | Mar 2024 ₹558 Cr | Jun 2024 ₹556 Cr | Sep 2024 ₹332 Cr | Dec 2024 ₹702 Cr | Mar 2025 ₹824 Cr | Jun 2025 ₹839 Cr | Sep 2025 ₹839 Cr | Dec 2025 ₹792 Cr | Mar 2026 ₹796 Cr | Jun 2026 — - HNST: Sep 2021 ₹83 Cr | Dec 2021 ₹80 Cr | Mar 2022 ₹69 Cr | Jun 2022 ₹78 Cr | Sep 2022 ₹85 Cr | Dec 2022 ₹82 Cr | Mar 2023 ₹83 Cr | Jun 2023 ₹85 Cr | Sep 2023 ₹86 Cr | Dec 2023 ₹90 Cr | Mar 2024 ₹86 Cr | Jun 2024 ₹93 Cr | Sep 2024 ₹99 Cr | Dec 2024 ₹100 Cr | Mar 2025 ₹97 Cr | Jun 2025 ₹93 Cr | Sep 2025 ₹93 Cr | Dec 2025 ₹88 Cr | Mar 2026 ₹78 Cr | Jun 2026 — - NUS: Sep 2021 ₹641 Cr | Dec 2021 ₹673 Cr | Mar 2022 ₹605 Cr | Jun 2022 ₹561 Cr | Sep 2022 ₹538 Cr | Dec 2022 ₹522 Cr | Mar 2023 ₹481 Cr | Jun 2023 ₹500 Cr | Sep 2023 ₹499 Cr | Dec 2023 ₹489 Cr | Mar 2024 ₹417 Cr | Jun 2024 ₹439 Cr | Sep 2024 ₹430 Cr | Dec 2024 ₹446 Cr | Mar 2025 ₹364 Cr | Jun 2025 ₹386 Cr | Sep 2025 ₹364 Cr | Dec 2025 ₹370 Cr | Mar 2026 ₹321 Cr | Jun 2026 — - ACU: Sep 2021 ₹48 Cr | Dec 2021 ₹46 Cr | Mar 2022 ₹43 Cr | Jun 2022 ₹57 Cr | Sep 2022 ₹50 Cr | Dec 2022 ₹44 Cr | Mar 2023 ₹46 Cr | Jun 2023 ₹53 Cr | Sep 2023 ₹50 Cr | Dec 2023 ₹42 Cr | Mar 2024 ₹45 Cr | Jun 2024 ₹55 Cr | Sep 2024 ₹48 Cr | Dec 2024 ₹46 Cr | Mar 2025 ₹46 Cr | Jun 2025 ₹54 Cr | Sep 2025 ₹49 Cr | Dec 2025 ₹48 Cr | Mar 2026 ₹52 Cr | Jun 2026 — ### 20-quarter Revenue growth history - PG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 3.0% | Sep 2022 1.4% | Dec 2022 -0.9% | Mar 2023 3.5% | Jun 2023 5.3% | Sep 2023 6.1% | Dec 2023 3.2% | Mar 2024 0.6% | Jun 2024 -0.1% | Sep 2024 -0.6% | Dec 2024 2.1% | Mar 2025 -2.1% | Jun 2025 1.7% | Sep 2025 3.0% | Dec 2025 1.5% | Mar 2026 7.4% | Jun 2026 — - UL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 2.7% | Sep 2023 — | Dec 2023 -30% | Mar 2024 — | Jun 2024 2.3% | Sep 2024 — | Dec 2024 39% | Mar 2025 — | Jun 2025 -3.2% | Sep 2025 — | Dec 2025 -31% | Mar 2026 — | Jun 2026 — - CL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 5.3% | Sep 2022 0.9% | Dec 2022 5.1% | Mar 2023 8.4% | Jun 2023 7.5% | Sep 2023 10% | Dec 2023 6.9% | Mar 2024 6.2% | Jun 2024 4.9% | Sep 2024 2.4% | Dec 2024 -0.1% | Mar 2025 -3.0% | Jun 2025 1.0% | Sep 2025 2.0% | Dec 2025 5.8% | Mar 2026 8.4% | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 0.9% | Jun 2023 7.3% | Sep 2023 5.4% | Dec 2023 3.3% | Mar 2024 3.4% | Jun 2024 3.8% | Sep 2024 -2.8% | Dec 2024 -6.5% | Mar 2025 -3.9% | Jun 2025 -4.0% | Sep 2025 -3.5% | Dec 2025 3.2% | Mar 2026 4.5% | Jun 2026 — - KMB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 7.2% | Sep 2022 0.9% | Dec 2022 -0.0% | Mar 2023 2.0% | Jun 2023 1.4% | Sep 2023 1.6% | Dec 2023 0.1% | Mar 2024 -0.9% | Jun 2024 -18% | Sep 2024 -19% | Dec 2024 -17% | Mar 2025 -21% | Jun 2025 -1.6% | Sep 2025 0.1% | Dec 2025 -0.6% | Mar 2026 2.7% | Jun 2026 — - EL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -9.5% | Sep 2022 -11% | Dec 2022 -17% | Mar 2023 -12% | Jun 2023 1.4% | Sep 2023 -10% | Dec 2023 -7.4% | Mar 2024 5.0% | Jun 2024 7.3% | Sep 2024 -4.5% | Dec 2024 -6.4% | Mar 2025 -9.9% | Jun 2025 -12% | Sep 2025 3.6% | Dec 2025 5.6% | Mar 2026 4.6% | Jun 2026 — - CHD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 4.3% | Sep 2022 0.5% | Dec 2022 4.9% | Mar 2023 10% | Jun 2023 9.7% | Sep 2023 11% | Dec 2023 6.4% | Mar 2024 5.1% | Jun 2024 3.9% | Sep 2024 3.8% | Dec 2024 3.5% | Mar 2025 -2.4% | Jun 2025 -0.3% | Sep 2025 5.0% | Dec 2025 3.9% | Mar 2026 0.1% | Jun 2026 — - CLX: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -0.1% | Sep 2022 -3.7% | Dec 2022 1.4% | Mar 2023 5.9% | Jun 2023 12% | Sep 2023 -20% | Dec 2023 16% | Mar 2024 -5.3% | Jun 2024 -5.8% | Sep 2024 27% | Dec 2024 -15% | Mar 2025 -8.1% | Jun 2025 4.5% | Sep 2025 -19% | Dec 2025 -0.8% | Mar 2026 0.1% | Jun 2026 — - ELF: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 27% | Sep 2022 33% | Dec 2022 50% | Mar 2023 78% | Jun 2023 76% | Sep 2023 77% | Dec 2023 84% | Mar 2024 72% | Jun 2024 50% | Sep 2024 39% | Dec 2024 31% | Mar 2025 3.7% | Jun 2025 9.3% | Sep 2025 14% | Dec 2025 38% | Mar 2026 35% | Jun 2026 — - IPAR: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 18% | Sep 2022 6.5% | Dec 2022 47% | Mar 2023 24% | Jun 2023 26% | Sep 2023 31% | Dec 2023 5.8% | Mar 2024 3.9% | Jun 2024 11% | Sep 2024 15% | Dec 2024 10% | Mar 2025 4.6% | Jun 2025 -2.3% | Sep 2025 1.2% | Dec 2025 6.6% | Mar 2026 1.8% | Jun 2026 — - COTY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 10.0% | Sep 2022 1.3% | Dec 2022 -3.4% | Mar 2023 8.7% | Jun 2023 16% | Sep 2023 18% | Dec 2023 13% | Mar 2024 7.5% | Jun 2024 0.8% | Sep 2024 1.9% | Dec 2024 -3.4% | Mar 2025 -6.3% | Jun 2025 -8.1% | Sep 2025 -5.7% | Dec 2025 0.5% | Mar 2026 -1.3% | Jun 2026 — - NWL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -6.5% | Sep 2022 -19% | Dec 2022 -19% | Mar 2023 -24% | Jun 2023 -13% | Sep 2023 -9.1% | Dec 2023 -9.2% | Mar 2024 -8.4% | Jun 2024 -7.8% | Sep 2024 -4.9% | Dec 2024 -6.1% | Mar 2025 -5.3% | Jun 2025 -4.8% | Sep 2025 -7.2% | Dec 2025 -2.7% | Mar 2026 -1.1% | Jun 2026 — - SPB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 10.0% | Dec 2022 — | Mar 2023 -5.8% | Jun 2023 -9.8% | Sep 2023 -10% | Dec 2023 — | Mar 2024 0.8% | Jun 2024 6.9% | Sep 2024 5.2% | Dec 2024 1.2% | Mar 2025 -6.0% | Jun 2025 -10% | Sep 2025 -5.2% | Dec 2025 -3.3% | Mar 2026 4.9% | Jun 2026 — - EPC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 8.7% | Sep 2022 -1.1% | Dec 2022 1.3% | Mar 2023 9.1% | Jun 2023 4.2% | Sep 2023 -0.6% | Dec 2023 4.3% | Mar 2024 0.2% | Jun 2024 -0.3% | Sep 2024 -3.0% | Dec 2024 -15% | Mar 2025 -14% | Jun 2025 -3.2% | Sep 2025 3.7% | Dec 2025 1.9% | Mar 2026 0.6% | Jun 2026 — - ODD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 48% | Sep 2022 35% | Dec 2022 24% | Mar 2023 84% | Jun 2023 54% | Sep 2023 36% | Dec 2023 45% | Mar 2024 28% | Jun 2024 28% | Sep 2024 27% | Dec 2024 28% | Mar 2025 26% | Jun 2025 25% | Sep 2025 24% | Dec 2025 23% | Mar 2026 -26% | Jun 2026 — - HELE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 9.7% | Dec 2022 -11% | Mar 2023 -17% | Jun 2023 -6.5% | Sep 2023 -5.6% | Dec 2023 -1.6% | Mar 2024 0.8% | Jun 2024 -12% | Sep 2024 -3.7% | Dec 2024 -3.5% | Mar 2025 -0.6% | Jun 2025 -11% | Sep 2025 -8.9% | Dec 2025 -3.4% | Mar 2026 -3.3% | Jun 2026 8.1% - MAGN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 49% | Sep 2022 33% | Dec 2022 12% | Mar 2023 -1.1% | Jun 2023 -1.9% | Sep 2023 -11% | Dec 2023 39% | Mar 2024 48% | Jun 2024 56% | Sep 2024 0.6% | Dec 2024 35% | Mar 2025 48% | Jun 2025 51% | Sep 2025 153% | Dec 2025 13% | Mar 2026 -3.4% | Jun 2026 — - HNST: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 4.0% | Sep 2022 2.4% | Dec 2022 2.5% | Mar 2023 20% | Jun 2023 9.0% | Sep 2023 1.2% | Dec 2023 9.8% | Mar 2024 3.6% | Jun 2024 9.4% | Sep 2024 15% | Dec 2024 11% | Mar 2025 13% | Jun 2025 0.0% | Sep 2025 -6.1% | Dec 2025 -12% | Mar 2026 -20% | Jun 2026 — - NUS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -20% | Sep 2022 -16% | Dec 2022 -22% | Mar 2023 -21% | Jun 2023 -11% | Sep 2023 -7.3% | Dec 2023 -6.3% | Mar 2024 -13% | Jun 2024 -12% | Sep 2024 -14% | Dec 2024 -8.8% | Mar 2025 -13% | Jun 2025 -12% | Sep 2025 -15% | Dec 2025 -17% | Mar 2026 -12% | Jun 2026 — - ACU: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 27% | Sep 2022 4.2% | Dec 2022 -4.4% | Mar 2023 7.0% | Jun 2023 -7.0% | Sep 2023 0.0% | Dec 2023 -4.6% | Mar 2024 -2.2% | Jun 2024 3.8% | Sep 2024 -4.0% | Dec 2024 9.5% | Mar 2025 2.2% | Jun 2025 -1.8% | Sep 2025 2.1% | Dec 2025 4.4% | Mar 2026 13% | Jun 2026 — ## Operating Economics & Margin Trend What the numbers say: Interparfums, Inc. leads opm at 21.5%; Helen of Troy Limited leads margin change at +124.5 percentage points. Investor read: Interparfums, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current margin change signal. Evidence: Interparfums, Inc. · 21.5% | 0% versus #2 · The Procter & Gamble Company | 5/8 recent comparable periods | 19/20 companies · 358 observations Definition: Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth. ### OPM — highest 1. Interparfums, Inc. (IPAR): 22% 2. The Procter & Gamble Company (PG): 22% 3. Church & Dwight Co., Inc. (CHD): 20% 4. Kenvue Inc. (KVUE): 20% 5. Colgate-Palmolive Company (CL): 18% ### Margin change — fastest expanders 1. Helen of Troy Limited (HELE): +124.5 pp 2. Kenvue Inc. (KVUE): +4.7 pp 3. Nu Skin Enterprises, Inc. (NUS): +4.0 pp 4. Spectrum Brands Holdings, Inc. (SPB): +3.2 pp 5. The Clorox Company (CLX): +2.7 pp ### 20-quarter OPM history - PG: Sep 2021 25% | Dec 2021 25% | Mar 2022 21% | Jun 2022 18% | Sep 2022 24% | Dec 2022 23% | Mar 2023 21% | Jun 2023 20% | Sep 2023 26% | Dec 2023 21% | Mar 2024 22% | Jun 2024 19% | Sep 2024 27% | Dec 2024 26% | Mar 2025 23% | Jun 2025 21% | Sep 2025 26% | Dec 2025 24% | Mar 2026 22% | Jun 2026 — - CL: Sep 2021 22% | Dec 2021 8.3% | Mar 2022 20% | Jun 2022 20% | Sep 2022 21% | Dec 2022 4.4% | Mar 2023 19% | Jun 2023 20% | Sep 2023 21% | Dec 2023 22% | Mar 2024 21% | Jun 2024 22% | Sep 2024 21% | Dec 2024 22% | Mar 2025 22% | Jun 2025 21% | Sep 2025 21% | Dec 2025 1.8% | Mar 2026 18% | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 — | Mar 2022 14% | Jun 2022 17% | Sep 2022 20% | Dec 2022 20% | Mar 2023 14% | Jun 2023 17% | Sep 2023 18% | Dec 2023 18% | Mar 2024 14% | Jun 2024 3.9% | Sep 2024 17% | Dec 2024 13% | Mar 2025 15% | Jun 2025 18% | Sep 2025 17% | Dec 2025 14% | Mar 2026 20% | Jun 2026 — - KMB: Sep 2021 13% | Dec 2021 11% | Mar 2022 14% | Jun 2022 12% | Sep 2022 13% | Dec 2022 14% | Mar 2023 15% | Jun 2023 2.2% | Sep 2023 15% | Dec 2023 14% | Mar 2024 17% | Jun 2024 13% | Sep 2024 25% | Dec 2024 10% | Mar 2025 16% | Jun 2025 14% | Sep 2025 15% | Dec 2025 12% | Mar 2026 18% | Jun 2026 — - EL: Sep 2021 21% | Dec 2021 26% | Mar 2022 17% | Jun 2022 2.2% | Sep 2022 17% | Dec 2022 12% | Mar 2023 7.9% | Jun 2023 -0.1% | Sep 2023 2.8% | Dec 2023 13% | Mar 2024 14% | Jun 2024 -6.0% | Sep 2024 -3.6% | Dec 2024 -15% | Mar 2025 8.6% | Jun 2025 -11% | Sep 2025 4.9% | Dec 2025 9.5% | Mar 2026 6.7% | Jun 2026 — - CHD: Sep 2021 23% | Dec 2021 13% | Mar 2022 22% | Jun 2022 20% | Sep 2022 19% | Dec 2022 -14% | Mar 2023 20% | Jun 2023 20% | Sep 2023 18% | Dec 2023 14% | Mar 2024 20% | Jun 2024 22% | Sep 2024 -6.1% | Dec 2024 16% | Mar 2025 20% | Jun 2025 17% | Sep 2025 16% | Dec 2025 16% | Mar 2026 20% | Jun 2026 — - CLX: Sep 2021 12% | Dec 2021 6.9% | Mar 2022 13% | Jun 2022 10% | Sep 2022 9.9% | Dec 2022 8.7% | Mar 2023 -10% | Jun 2023 14% | Sep 2023 4.5% | Dec 2023 7.8% | Mar 2024 -1.2% | Jun 2024 17% | Sep 2024 10% | Dec 2024 14% | Mar 2025 15% | Jun 2025 21% | Sep 2025 8.7% | Dec 2025 14% | Mar 2026 17% | Jun 2026 — - ELF: Sep 2021 8.1% | Dec 2021 9.1% | Mar 2022 2.1% | Jun 2022 18% | Sep 2022 13% | Dec 2022 16% | Mar 2023 4.3% | Jun 2023 28% | Sep 2023 19% | Dec 2023 12% | Mar 2024 5.3% | Jun 2024 16% | Sep 2024 9.3% | Dec 2024 9.9% | Mar 2025 13% | Jun 2025 14% | Sep 2025 2.2% | Dec 2025 14% | Mar 2026 -11% | Jun 2026 — - IPAR: Sep 2021 26% | Dec 2021 -5.8% | Mar 2022 24% | Jun 2022 19% | Sep 2022 23% | Dec 2022 7.5% | Mar 2023 29% | Jun 2023 18% | Sep 2023 24% | Dec 2023 5.7% | Mar 2024 21% | Jun 2024 19% | Sep 2024 25% | Dec 2024 10% | Mar 2025 22% | Jun 2025 18% | Sep 2025 25% | Dec 2025 7.1% | Mar 2026 22% | Jun 2026 — - COTY: Sep 2021 1.3% | Dec 2021 16% | Mar 2022 4.8% | Jun 2022 -6.6% | Sep 2022 12% | Dec 2022 13% | Mar 2023 3.4% | Jun 2023 9.5% | Sep 2023 12% | Dec 2023 14% | Mar 2024 5.6% | Jun 2024 2.5% | Sep 2024 14% | Dec 2024 16% | Mar 2025 -22% | Jun 2025 1.2% | Sep 2025 12% | Dec 2025 8.8% | Mar 2026 -29% | Jun 2026 — - NWL: Sep 2021 10% | Dec 2021 6.0% | Mar 2022 9.1% | Jun 2022 13% | Sep 2022 1.8% | Dec 2022 -12% | Mar 2023 -2.0% | Jun 2023 5.4% | Sep 2023 -7.8% | Dec 2023 -0.5% | Mar 2024 1.0% | Jun 2024 8.0% | Sep 2024 -6.2% | Dec 2024 0.5% | Mar 2025 1.3% | Jun 2025 8.8% | Sep 2025 6.6% | Dec 2025 -14% | Mar 2026 2.2% | Jun 2026 — - SPB: Sep 2021 4.0% | Dec 2021 — | Mar 2022 3.1% | Jun 2022 1.0% | Sep 2022 4.7% | Dec 2022 — | Mar 2023 -2.8% | Jun 2023 -11% | Sep 2023 -17% | Dec 2023 3.6% | Mar 2024 11% | Jun 2024 6.1% | Sep 2024 2.8% | Dec 2024 6.4% | Mar 2025 2.9% | Jun 2025 4.5% | Sep 2025 4.0% | Dec 2025 4.0% | Mar 2026 6.1% | Jun 2026 — - EPC: Sep 2021 12% | Dec 2021 6.9% | Mar 2022 7.6% | Jun 2022 8.0% | Sep 2022 11% | Dec 2022 6.8% | Mar 2023 9.5% | Jun 2023 13% | Sep 2023 9.8% | Dec 2023 5.3% | Mar 2024 12% | Jun 2024 13% | Sep 2024 3.9% | Dec 2024 2.2% | Mar 2025 9.5% | Jun 2025 8.6% | Sep 2025 -6.8% | Dec 2025 -4.5% | Mar 2026 3.5% | Jun 2026 — - ODD: Sep 2021 13% | Dec 2021 -19% | Mar 2022 4.0% | Jun 2022 21% | Sep 2022 5.4% | Dec 2022 -0.2% | Mar 2023 15% | Jun 2023 24% | Sep 2023 6.7% | Dec 2023 6.6% | Mar 2024 18% | Jun 2024 28% | Sep 2024 16% | Dec 2024 3.3% | Mar 2025 16% | Jun 2025 24% | Sep 2025 12% | Dec 2025 1.1% | Mar 2026 -13% | Jun 2026 — - HELE: Sep 2021 44% | Dec 2021 44% | Mar 2022 8.7% | Jun 2022 6.7% | Sep 2022 43% | Dec 2022 46% | Mar 2023 43% | Jun 2023 45% | Sep 2023 47% | Dec 2023 48% | Mar 2024 49% | Jun 2024 49% | Sep 2024 46% | Dec 2024 49% | Mar 2025 49% | Jun 2025 -110% | Sep 2025 44% | Dec 2025 47% | Mar 2026 45% | Jun 2026 15% - MAGN: Sep 2021 5.2% | Dec 2021 -3.4% | Mar 2022 -30% | Jun 2022 2.5% | Sep 2022 -9.2% | Dec 2022 -6.1% | Mar 2023 1.6% | Jun 2023 -2.9% | Sep 2023 0.8% | Dec 2023 -2.3% | Mar 2024 3.8% | Jun 2024 3.1% | Sep 2024 0.9% | Dec 2024 -3.1% | Mar 2025 0.5% | Jun 2025 1.5% | Sep 2025 1.2% | Dec 2025 1.8% | Mar 2026 2.1% | Jun 2026 — - HNST: Sep 2021 -5.6% | Dec 2021 -11% | Mar 2022 -21% | Jun 2022 -14% | Sep 2022 -14% | Dec 2022 -16% | Mar 2023 -22% | Jun 2023 -16% | Sep 2023 -9.3% | Dec 2023 1.2% | Mar 2024 -1.5% | Jun 2024 -4.3% | Sep 2024 0.1% | Dec 2024 -1.0% | Mar 2025 2.6% | Jun 2025 3.1% | Sep 2025 0.3% | Dec 2025 -28% | Mar 2026 -0.8% | Jun 2026 — - NUS: Sep 2021 10% | Dec 2021 3.0% | Mar 2022 8.6% | Jun 2022 9.2% | Sep 2022 -3.8% | Dec 2022 5.3% | Mar 2023 3.3% | Jun 2023 8.5% | Sep 2023 -5.3% | Dec 2023 3.3% | Mar 2024 2.1% | Jun 2024 -29% | Sep 2024 4.2% | Dec 2024 -12% | Mar 2025 -2.7% | Jun 2025 8.0% | Sep 2025 5.9% | Dec 2025 6.3% | Mar 2026 1.3% | Jun 2026 — - ACU: Sep 2021 6.2% | Dec 2021 6.7% | Mar 2022 3.2% | Jun 2022 7.0% | Sep 2022 1.9% | Dec 2022 -0.1% | Mar 2023 4.8% | Jun 2023 9.8% | Sep 2023 7.3% | Dec 2023 5.0% | Mar 2024 5.7% | Jun 2024 12% | Sep 2024 6.1% | Dec 2024 5.0% | Mar 2025 5.3% | Jun 2025 12% | Sep 2025 6.1% | Dec 2025 6.1% | Mar 2026 3.3% | Jun 2026 — ### 20-quarter Margin change history - PG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −0.3 pp | Sep 2022 −0.7 pp | Dec 2022 −1.7 pp | Mar 2023 +0.4 pp | Jun 2023 +1.9 pp | Sep 2023 +2.4 pp | Dec 2023 −2.3 pp | Mar 2024 +0.9 pp | Jun 2024 −1.4 pp | Sep 2024 +0.3 pp | Dec 2024 +5.5 pp | Mar 2025 +0.9 pp | Jun 2025 +1.9 pp | Sep 2025 −0.5 pp | Dec 2025 −2.0 pp | Mar 2026 −1.5 pp | Jun 2026 — - CL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −3.7 pp | Sep 2022 −0.6 pp | Dec 2022 −3.9 pp | Mar 2023 −0.4 pp | Jun 2023 +0.5 pp | Sep 2023 −0.4 pp | Dec 2023 +17.3 pp | Mar 2024 +1.6 pp | Jun 2024 +1.4 pp | Sep 2024 +0.3 pp | Dec 2024 −0.2 pp | Mar 2025 +1.2 pp | Jun 2025 −0.5 pp | Sep 2025 −0.6 pp | Dec 2025 −19.7 pp | Mar 2026 −3.8 pp | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 +0.5 pp | Jun 2023 −0.4 pp | Sep 2023 −2.7 pp | Dec 2023 −2.0 pp | Mar 2024 0.0 pp | Jun 2024 −12.7 pp | Sep 2024 −0.7 pp | Dec 2024 −4.9 pp | Mar 2025 +0.8 pp | Jun 2025 +14.1 pp | Sep 2025 −0.1 pp | Dec 2025 +1.0 pp | Mar 2026 +4.7 pp | Jun 2026 — - KMB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −0.7 pp | Sep 2022 −0.1 pp | Dec 2022 +3.8 pp | Mar 2023 +1.5 pp | Jun 2023 −10.1 pp | Sep 2023 +2.1 pp | Dec 2023 −0.8 pp | Mar 2024 +1.5 pp | Jun 2024 +10.5 pp | Sep 2024 +9.7 pp | Dec 2024 −3.3 pp | Mar 2025 −1.0 pp | Jun 2025 +1.5 pp | Sep 2025 −9.8 pp | Dec 2025 +2.2 pp | Mar 2026 +2.5 pp | Jun 2026 — - EL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −3.7 pp | Sep 2022 −4.5 pp | Dec 2022 −13.6 pp | Mar 2023 −9.5 pp | Jun 2023 −2.3 pp | Sep 2023 −14.0 pp | Dec 2023 +1.4 pp | Mar 2024 +5.6 pp | Jun 2024 −5.9 pp | Sep 2024 −6.4 pp | Dec 2024 −27.9 pp | Mar 2025 −4.9 pp | Jun 2025 −5.4 pp | Sep 2025 +8.5 pp | Dec 2025 +24.0 pp | Mar 2026 −1.9 pp | Jun 2026 — - CHD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −3.8 pp | Sep 2022 −3.7 pp | Dec 2022 −26.7 pp | Mar 2023 −1.2 pp | Jun 2023 +0.5 pp | Sep 2023 −1.7 pp | Dec 2023 +27.9 pp | Mar 2024 −0.1 pp | Jun 2024 +2.1 pp | Sep 2024 −23.7 pp | Dec 2024 +2.1 pp | Mar 2025 −0.2 pp | Jun 2025 −4.9 pp | Sep 2025 +22.2 pp | Dec 2025 0.0 pp | Mar 2026 −0.3 pp | Jun 2026 — - CLX: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 +2.5 pp | Sep 2022 −2.2 pp | Dec 2022 +1.8 pp | Mar 2023 −23.1 pp | Jun 2023 +3.9 pp | Sep 2023 −5.4 pp | Dec 2023 −0.9 pp | Mar 2024 +9.1 pp | Jun 2024 +2.6 pp | Sep 2024 +5.5 pp | Dec 2024 +6.2 pp | Mar 2025 +15.8 pp | Jun 2025 +4.7 pp | Sep 2025 −1.3 pp | Dec 2025 +0.4 pp | Mar 2026 +2.7 pp | Jun 2026 — - ELF: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 +6.0 pp | Sep 2022 +4.5 pp | Dec 2022 +6.8 pp | Mar 2023 +2.2 pp | Jun 2023 +10.5 pp | Sep 2023 +6.0 pp | Dec 2023 −4.1 pp | Mar 2024 +1.0 pp | Jun 2024 −12.4 pp | Sep 2024 −9.3 pp | Dec 2024 −1.9 pp | Mar 2025 +8.0 pp | Jun 2025 −1.8 pp | Sep 2025 −7.1 pp | Dec 2025 +3.9 pp | Mar 2026 −24.5 pp | Jun 2026 — - IPAR: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −2.9 pp | Sep 2022 −2.7 pp | Dec 2022 +13.3 pp | Mar 2023 +4.6 pp | Jun 2023 −0.8 pp | Sep 2023 +0.7 pp | Dec 2023 −1.8 pp | Mar 2024 −8.0 pp | Jun 2024 +1.1 pp | Sep 2024 +1.3 pp | Dec 2024 +4.3 pp | Mar 2025 +1.2 pp | Jun 2025 −1.2 pp | Sep 2025 +0.3 pp | Dec 2025 −2.9 pp | Mar 2026 −0.7 pp | Jun 2026 — - COTY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −6.8 pp | Sep 2022 +11.1 pp | Dec 2022 −2.4 pp | Mar 2023 −1.4 pp | Jun 2023 +16.1 pp | Sep 2023 −0.4 pp | Dec 2023 +0.6 pp | Mar 2024 +2.2 pp | Jun 2024 −7.0 pp | Sep 2024 +2.2 pp | Dec 2024 +2.4 pp | Mar 2025 −27.2 pp | Jun 2025 −1.3 pp | Sep 2025 −2.5 pp | Dec 2025 −7.3 pp | Mar 2026 −7.4 pp | Jun 2026 — - NWL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 +1.6 pp | Sep 2022 −8.3 pp | Dec 2022 −17.9 pp | Mar 2023 −11.1 pp | Jun 2023 −7.5 pp | Sep 2023 −9.6 pp | Dec 2023 +11.4 pp | Mar 2024 +3.0 pp | Jun 2024 +2.6 pp | Sep 2024 +1.6 pp | Dec 2024 +1.0 pp | Mar 2025 +0.3 pp | Jun 2025 +0.8 pp | Sep 2025 +12.8 pp | Dec 2025 −14.8 pp | Mar 2026 +0.9 pp | Jun 2026 — - SPB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +0.7 pp | Dec 2022 — | Mar 2023 −5.9 pp | Jun 2023 −11.6 pp | Sep 2023 −21.7 pp | Dec 2023 — | Mar 2024 +13.4 pp | Jun 2024 +16.7 pp | Sep 2024 +19.8 pp | Dec 2024 +2.8 pp | Mar 2025 −7.7 pp | Jun 2025 −1.6 pp | Sep 2025 +1.2 pp | Dec 2025 −2.4 pp | Mar 2026 +3.2 pp | Jun 2026 — - EPC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −4.4 pp | Sep 2022 −0.8 pp | Dec 2022 −0.1 pp | Mar 2023 +1.9 pp | Jun 2023 +5.3 pp | Sep 2023 −1.2 pp | Dec 2023 −1.5 pp | Mar 2024 +2.2 pp | Jun 2024 −0.5 pp | Sep 2024 −5.9 pp | Dec 2024 −3.1 pp | Mar 2025 −2.2 pp | Jun 2025 −4.2 pp | Sep 2025 −10.7 pp | Dec 2025 −6.7 pp | Mar 2026 −6.0 pp | Jun 2026 — - ODD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −0.2 pp | Sep 2022 −7.9 pp | Dec 2022 +18.6 pp | Mar 2023 +10.9 pp | Jun 2023 +3.4 pp | Sep 2023 +1.3 pp | Dec 2023 +6.8 pp | Mar 2024 +3.5 pp | Jun 2024 +3.2 pp | Sep 2024 +9.7 pp | Dec 2024 −3.3 pp | Mar 2025 −2.5 pp | Jun 2025 −3.8 pp | Sep 2025 −4.7 pp | Dec 2025 −2.2 pp | Mar 2026 −28.8 pp | Jun 2026 — - HELE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −1.8 pp | Dec 2022 +2.1 pp | Mar 2023 +34.6 pp | Jun 2023 +38.7 pp | Sep 2023 +4.2 pp | Dec 2023 +2.1 pp | Mar 2024 +5.7 pp | Jun 2024 +3.3 pp | Sep 2024 −1.1 pp | Dec 2024 +0.9 pp | Mar 2025 −0.4 pp | Jun 2025 −158.2 pp | Sep 2025 −1.4 pp | Dec 2025 −2.0 pp | Mar 2026 −4.0 pp | Jun 2026 +124.5 pp - MAGN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −0.8 pp | Sep 2022 −14.4 pp | Dec 2022 −2.7 pp | Mar 2023 +32.0 pp | Jun 2023 −5.4 pp | Sep 2023 +10.0 pp | Dec 2023 +3.8 pp | Mar 2024 +2.2 pp | Jun 2024 +6.0 pp | Sep 2024 +0.1 pp | Dec 2024 −0.8 pp | Mar 2025 −3.3 pp | Jun 2025 −1.6 pp | Sep 2025 +0.3 pp | Dec 2025 +4.9 pp | Mar 2026 +1.6 pp | Jun 2026 — - HNST: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 +12.5 pp | Sep 2022 −8.3 pp | Dec 2022 −4.9 pp | Mar 2023 −1.2 pp | Jun 2023 −2.1 pp | Sep 2023 +4.6 pp | Dec 2023 +16.8 pp | Mar 2024 +20.9 pp | Jun 2024 +11.5 pp | Sep 2024 +9.4 pp | Dec 2024 −2.2 pp | Mar 2025 +4.1 pp | Jun 2025 +7.4 pp | Sep 2025 +0.2 pp | Dec 2025 −26.5 pp | Mar 2026 −3.4 pp | Jun 2026 — - NUS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −2.9 pp | Sep 2022 −14.0 pp | Dec 2022 +2.3 pp | Mar 2023 −5.3 pp | Jun 2023 −0.7 pp | Sep 2023 −1.5 pp | Dec 2023 −2.0 pp | Mar 2024 −1.2 pp | Jun 2024 −37.1 pp | Sep 2024 +9.5 pp | Dec 2024 −15.2 pp | Mar 2025 −4.8 pp | Jun 2025 +36.6 pp | Sep 2025 +1.7 pp | Dec 2025 +18.2 pp | Mar 2026 +4.0 pp | Jun 2026 — - ACU: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −1.4 pp | Sep 2022 −4.3 pp | Dec 2022 −6.8 pp | Mar 2023 +1.6 pp | Jun 2023 +2.8 pp | Sep 2023 +5.4 pp | Dec 2023 +5.1 pp | Mar 2024 +0.9 pp | Jun 2024 +1.7 pp | Sep 2024 −1.2 pp | Dec 2024 0.0 pp | Mar 2025 −0.4 pp | Jun 2025 +0.3 pp | Sep 2025 0.0 pp | Dec 2025 +1.1 pp | Mar 2026 −2.0 pp | Jun 2026 — ## Profit Scale & Acceleration What the numbers say: The Procter & Gamble Company leads with $16,689 million of TTM profit, 653.5% above Colgate-Palmolive Company. Spectrum Brands Holdings, Inc. shows ≥100% on the scoring scale (113.6% uncapped) growth from a $126 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale. Investor read: The Procter & Gamble Company sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current profit growth signal. Evidence: The Procter & Gamble Company · $16,689 million | 653.5% versus #2 · Colgate-Palmolive Company | 5/8 recent comparable periods | 19/20 companies · 366 observations Definition: Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank. ### Net profit — largest 1. The Procter & Gamble Company (PG): ₹16.7K Cr 2. Colgate-Palmolive Company (CL): ₹2.2K Cr 3. Kenvue Inc. (KVUE): ₹1.6K Cr 4. Kimberly-Clark Corporation (KMB): ₹1.5K Cr 5. The Clorox Company (CLX): ₹770 Cr ### Profit growth — fastest growers 1. Spectrum Brands Holdings, Inc. (SPB): 100% 2. Kenvue Inc. (KVUE): 54% 3. Church & Dwight Co., Inc. (CHD): 27% 4. The Clorox Company (CLX): 8.6% 5. The Procter & Gamble Company (PG): 7.1% ### 20-quarter Net profit history - PG: Sep 2021 ₹4.1K Cr | Dec 2021 ₹4.2K Cr | Mar 2022 ₹3.4K Cr | Jun 2022 ₹3.1K Cr | Sep 2022 ₹4.0K Cr | Dec 2022 ₹4.0K Cr | Mar 2023 ₹3.4K Cr | Jun 2023 ₹3.4K Cr | Sep 2023 ₹4.6K Cr | Dec 2023 ₹3.5K Cr | Mar 2024 ₹3.8K Cr | Jun 2024 ₹3.1K Cr | Sep 2024 ₹4.0K Cr | Dec 2024 ₹4.7K Cr | Mar 2025 ₹3.8K Cr | Jun 2025 ₹3.6K Cr | Sep 2025 ₹4.8K Cr | Dec 2025 ₹4.3K Cr | Mar 2026 ₹4.0K Cr | Jun 2026 — - UL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 ₹3.2K Cr | Sep 2022 — | Dec 2022 ₹5.1K Cr | Mar 2023 — | Jun 2023 ₹3.9K Cr | Sep 2023 — | Dec 2023 ₹2.8K Cr | Mar 2024 — | Jun 2024 ₹4.0K Cr | Sep 2024 — | Dec 2024 ₹2.0K Cr | Mar 2025 — | Jun 2025 ₹3.8K Cr | Sep 2025 — | Dec 2025 ₹2.4K Cr | Mar 2026 — | Jun 2026 — - CL: Sep 2021 ₹681 Cr | Dec 2021 ₹188 Cr | Mar 2022 ₹603 Cr | Jun 2022 ₹639 Cr | Sep 2022 ₹682 Cr | Dec 2022 ₹43 Cr | Mar 2023 ₹414 Cr | Jun 2023 ₹534 Cr | Sep 2023 ₹747 Cr | Dec 2023 ₹760 Cr | Mar 2024 ₹729 Cr | Jun 2024 ₹767 Cr | Sep 2024 ₹776 Cr | Dec 2024 ₹779 Cr | Mar 2025 ₹726 Cr | Jun 2025 ₹773 Cr | Sep 2025 ₹766 Cr | Dec 2025 ₹-5 Cr | Mar 2026 ₹681 Cr | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 — | Mar 2022 ₹458 Cr | Jun 2022 ₹528 Cr | Sep 2022 ₹604 Cr | Dec 2022 ₹586 Cr | Mar 2023 ₹361 Cr | Jun 2023 ₹469 Cr | Sep 2023 ₹430 Cr | Dec 2023 ₹438 Cr | Mar 2024 ₹296 Cr | Jun 2024 ₹58 Cr | Sep 2024 ₹383 Cr | Dec 2024 ₹293 Cr | Mar 2025 ₹322 Cr | Jun 2025 ₹420 Cr | Sep 2025 ₹398 Cr | Dec 2025 ₹330 Cr | Mar 2026 ₹474 Cr | Jun 2026 — - KMB: Sep 2021 ₹458 Cr | Dec 2021 ₹351 Cr | Mar 2022 ₹512 Cr | Jun 2022 ₹412 Cr | Sep 2022 ₹441 Cr | Dec 2022 ₹480 Cr | Mar 2023 ₹532 Cr | Jun 2023 ₹36 Cr | Sep 2023 ₹541 Cr | Dec 2023 ₹459 Cr | Mar 2024 ₹597 Cr | Jun 2024 ₹401 Cr | Sep 2024 ₹775 Cr | Dec 2024 ₹305 Cr | Mar 2025 ₹426 Cr | Jun 2025 ₹397 Cr | Sep 2025 ₹298 Cr | Dec 2025 ₹332 Cr | Mar 2026 ₹521 Cr | Jun 2026 — - EL: Sep 2021 ₹695 Cr | Dec 2021 ₹1.1K Cr | Mar 2022 ₹573 Cr | Jun 2022 ₹50 Cr | Sep 2022 ₹490 Cr | Dec 2022 ₹397 Cr | Mar 2023 ₹155 Cr | Jun 2023 ₹-32 Cr | Sep 2023 ₹36 Cr | Dec 2023 ₹324 Cr | Mar 2024 ₹335 Cr | Jun 2024 ₹-286 Cr | Sep 2024 ₹-156 Cr | Dec 2024 ₹-590 Cr | Mar 2025 ₹159 Cr | Jun 2025 ₹-546 Cr | Sep 2025 ₹47 Cr | Dec 2025 ₹162 Cr | Mar 2026 ₹89 Cr | Jun 2026 — - CHD: Sep 2021 ₹230 Cr | Dec 2021 ₹158 Cr | Mar 2022 ₹204 Cr | Jun 2022 ₹187 Cr | Sep 2022 ₹187 Cr | Dec 2022 ₹-165 Cr | Mar 2023 ₹203 Cr | Jun 2023 ₹221 Cr | Sep 2023 ₹178 Cr | Dec 2023 ₹154 Cr | Mar 2024 ₹228 Cr | Jun 2024 ₹244 Cr | Sep 2024 ₹-75 Cr | Dec 2024 ₹189 Cr | Mar 2025 ₹220 Cr | Jun 2025 ₹191 Cr | Sep 2025 ₹182 Cr | Dec 2025 ₹144 Cr | Mar 2026 ₹216 Cr | Jun 2026 — - CLX: Sep 2021 ₹143 Cr | Dec 2021 ₹72 Cr | Mar 2022 ₹152 Cr | Jun 2022 ₹104 Cr | Sep 2022 ₹87 Cr | Dec 2022 ₹102 Cr | Mar 2023 ₹-209 Cr | Jun 2023 ₹181 Cr | Sep 2023 ₹25 Cr | Dec 2023 ₹96 Cr | Mar 2024 ₹-50 Cr | Jun 2024 ₹221 Cr | Sep 2024 ₹103 Cr | Dec 2024 ₹194 Cr | Mar 2025 ₹191 Cr | Jun 2025 ₹336 Cr | Sep 2025 ₹82 Cr | Dec 2025 ₹161 Cr | Mar 2026 ₹191 Cr | Jun 2026 — - ELF: Sep 2021 ₹6 Cr | Dec 2021 ₹6 Cr | Mar 2022 ₹2 Cr | Jun 2022 ₹14 Cr | Sep 2022 ₹12 Cr | Dec 2022 ₹19 Cr | Mar 2023 ₹16 Cr | Jun 2023 ₹53 Cr | Sep 2023 ₹33 Cr | Dec 2023 ₹27 Cr | Mar 2024 ₹15 Cr | Jun 2024 ₹48 Cr | Sep 2024 ₹19 Cr | Dec 2024 ₹17 Cr | Mar 2025 ₹28 Cr | Jun 2025 ₹33 Cr | Sep 2025 ₹3 Cr | Dec 2025 ₹39 Cr | Mar 2026 ₹-49 Cr | Jun 2026 — - IPAR: Sep 2021 ₹50 Cr | Dec 2021 ₹-5 Cr | Mar 2022 ₹46 Cr | Jun 2022 ₹35 Cr | Sep 2022 ₹53 Cr | Dec 2022 ₹17 Cr | Mar 2023 ₹71 Cr | Jun 2023 ₹43 Cr | Sep 2023 ₹66 Cr | Dec 2023 ₹8 Cr | Mar 2024 ₹53 Cr | Jun 2024 ₹47 Cr | Sep 2024 ₹77 Cr | Dec 2024 ₹27 Cr | Mar 2025 ₹55 Cr | Jun 2025 ₹41 Cr | Sep 2025 ₹83 Cr | Dec 2025 ₹28 Cr | Mar 2026 ₹57 Cr | Jun 2026 — - COTY: Sep 2021 ₹229 Cr | Dec 2021 ₹260 Cr | Mar 2022 ₹54 Cr | Jun 2022 ₹-281 Cr | Sep 2022 ₹135 Cr | Dec 2022 ₹241 Cr | Mar 2023 ₹112 Cr | Jun 2023 ₹79 Cr | Sep 2023 ₹10 Cr | Dec 2023 ₹186 Cr | Mar 2024 ₹9 Cr | Jun 2024 ₹-107 Cr | Sep 2024 ₹91 Cr | Dec 2024 ₹31 Cr | Mar 2025 ₹-402 Cr | Jun 2025 ₹-74 Cr | Sep 2025 ₹74 Cr | Dec 2025 ₹-116 Cr | Mar 2026 ₹-406 Cr | Jun 2026 — - NWL: Sep 2021 ₹190 Cr | Dec 2021 ₹96 Cr | Mar 2022 ₹228 Cr | Jun 2022 ₹199 Cr | Sep 2022 ₹19 Cr | Dec 2022 ₹-249 Cr | Mar 2023 ₹-102 Cr | Jun 2023 ₹18 Cr | Sep 2023 ₹-218 Cr | Dec 2023 ₹-86 Cr | Mar 2024 ₹-9 Cr | Jun 2024 ₹45 Cr | Sep 2024 ₹-198 Cr | Dec 2024 ₹-54 Cr | Mar 2025 ₹-37 Cr | Jun 2025 ₹46 Cr | Sep 2025 ₹21 Cr | Dec 2025 ₹-315 Cr | Mar 2026 ₹-33 Cr | Jun 2026 — - SPB: Sep 2021 ₹-2 Cr | Dec 2021 — | Mar 2022 ₹-30 Cr | Jun 2022 ₹-25 Cr | Sep 2022 ₹3 Cr | Dec 2022 — | Mar 2023 ₹-40 Cr | Jun 2023 ₹-75 Cr | Sep 2023 ₹-172 Cr | Dec 2023 ₹18 Cr | Mar 2024 ₹50 Cr | Jun 2024 ₹19 Cr | Sep 2024 ₹13 Cr | Dec 2024 ₹25 Cr | Mar 2025 ₹2 Cr | Jun 2025 ₹21 Cr | Sep 2025 ₹53 Cr | Dec 2025 ₹29 Cr | Mar 2026 ₹23 Cr | Jun 2026 — - EPC: Sep 2021 ₹45 Cr | Dec 2021 ₹11 Cr | Mar 2022 ₹23 Cr | Jun 2022 ₹31 Cr | Sep 2022 ₹35 Cr | Dec 2022 ₹12 Cr | Mar 2023 ₹19 Cr | Jun 2023 ₹53 Cr | Sep 2023 ₹30 Cr | Dec 2023 ₹5 Cr | Mar 2024 ₹36 Cr | Jun 2024 ₹49 Cr | Sep 2024 ₹9 Cr | Dec 2024 ₹-10 Cr | Mar 2025 ₹21 Cr | Jun 2025 ₹29 Cr | Sep 2025 ₹-31 Cr | Dec 2025 ₹-29 Cr | Mar 2026 ₹4 Cr | Jun 2026 — - ODD: Sep 2021 ₹5 Cr | Dec 2021 ₹-8 Cr | Mar 2022 ₹3 Cr | Jun 2022 ₹17 Cr | Sep 2022 ₹3 Cr | Dec 2022 ₹-1 Cr | Mar 2023 ₹20 Cr | Jun 2023 ₹30 Cr | Sep 2023 ₹4 Cr | Dec 2023 ₹5 Cr | Mar 2024 ₹33 Cr | Jun 2024 ₹45 Cr | Sep 2024 ₹18 Cr | Dec 2024 ₹5 Cr | Mar 2025 ₹38 Cr | Jun 2025 ₹49 Cr | Sep 2025 ₹18 Cr | Dec 2025 ₹6 Cr | Mar 2026 ₹-21 Cr | Jun 2026 — - HELE: Sep 2021 ₹211 Cr | Dec 2021 ₹274 Cr | Mar 2022 ₹47 Cr | Jun 2022 ₹30 Cr | Sep 2022 ₹221 Cr | Dec 2022 ₹257 Cr | Mar 2023 ₹210 Cr | Jun 2023 ₹216 Cr | Sep 2023 ₹230 Cr | Dec 2023 ₹264 Cr | Mar 2024 ₹240 Cr | Jun 2024 ₹203 Cr | Sep 2024 ₹216 Cr | Dec 2024 ₹259 Cr | Mar 2025 ₹236 Cr | Jun 2025 ₹-421 Cr | Sep 2025 ₹191 Cr | Dec 2025 ₹240 Cr | Mar 2026 ₹210 Cr | Jun 2026 ₹48 Cr - MAGN: Sep 2021 ₹8 Cr | Dec 2021 ₹-11 Cr | Mar 2022 ₹-108 Cr | Jun 2022 ₹-2 Cr | Sep 2022 ₹-49 Cr | Dec 2022 ₹-34 Cr | Mar 2023 ₹-13 Cr | Jun 2023 ₹-37 Cr | Sep 2023 ₹-20 Cr | Dec 2023 ₹-8 Cr | Mar 2024 ₹14 Cr | Jun 2024 ₹19 Cr | Sep 2024 ₹-20 Cr | Dec 2024 ₹-60 Cr | Mar 2025 ₹-41 Cr | Jun 2025 ₹-18 Cr | Sep 2025 ₹-33 Cr | Dec 2025 ₹-34 Cr | Mar 2026 ₹-18 Cr | Jun 2026 — - HNST: Sep 2021 ₹-5 Cr | Dec 2021 ₹-9 Cr | Mar 2022 ₹-15 Cr | Jun 2022 ₹-10 Cr | Sep 2022 ₹-12 Cr | Dec 2022 ₹-13 Cr | Mar 2023 ₹-19 Cr | Jun 2023 ₹-13 Cr | Sep 2023 ₹-8 Cr | Dec 2023 ₹1 Cr | Mar 2024 ₹-1 Cr | Jun 2024 ₹-4 Cr | Sep 2024 ₹0 Cr | Dec 2024 ₹-1 Cr | Mar 2025 ₹3 Cr | Jun 2025 ₹4 Cr | Sep 2025 ₹1 Cr | Dec 2025 ₹-24 Cr | Mar 2026 ₹0 Cr | Jun 2026 — - NUS: Sep 2021 ₹50 Cr | Dec 2021 ₹-9 Cr | Mar 2022 ₹39 Cr | Jun 2022 ₹34 Cr | Sep 2022 ₹-25 Cr | Dec 2022 ₹57 Cr | Mar 2023 ₹11 Cr | Jun 2023 ₹27 Cr | Sep 2023 ₹-37 Cr | Dec 2023 ₹7 Cr | Mar 2024 ₹-1 Cr | Jun 2024 ₹-118 Cr | Sep 2024 ₹8 Cr | Dec 2024 ₹-36 Cr | Mar 2025 ₹108 Cr | Jun 2025 ₹21 Cr | Sep 2025 ₹17 Cr | Dec 2025 ₹14 Cr | Mar 2026 ₹2 Cr | Jun 2026 — - ACU: Sep 2021 ₹2 Cr | Dec 2021 ₹3 Cr | Mar 2022 ₹1 Cr | Jun 2022 ₹3 Cr | Sep 2022 ₹0 Cr | Dec 2022 ₹-1 Cr | Mar 2023 ₹1 Cr | Jun 2023 ₹3 Cr | Sep 2023 ₹2 Cr | Dec 2023 ₹11 Cr | Mar 2024 ₹2 Cr | Jun 2024 ₹4 Cr | Sep 2024 ₹2 Cr | Dec 2024 ₹2 Cr | Mar 2025 ₹2 Cr | Jun 2025 ₹5 Cr | Sep 2025 ₹2 Cr | Dec 2025 ₹2 Cr | Mar 2026 ₹1 Cr | Jun 2026 — ### 20-quarter Profit growth history - PG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 5.2% | Sep 2022 -4.0% | Dec 2022 -6.7% | Mar 2023 1.7% | Jun 2023 11% | Sep 2023 15% | Dec 2023 -12% | Mar 2024 10% | Jun 2024 -7.3% | Sep 2024 -12% | Dec 2024 33% | Mar 2025 0.3% | Jun 2025 15% | Sep 2025 20% | Dec 2025 -7.0% | Mar 2026 4.2% | Jun 2026 — - UL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 21% | Sep 2023 — | Dec 2023 -45% | Mar 2024 — | Jun 2024 3.5% | Sep 2024 — | Dec 2024 -27% | Mar 2025 — | Jun 2025 -5.1% | Sep 2025 — | Dec 2025 19% | Mar 2026 — | Jun 2026 — - CL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -14% | Sep 2022 0.2% | Dec 2022 -77% | Mar 2023 -31% | Jun 2023 -16% | Sep 2023 9.5% | Dec 2023 1,667% | Mar 2024 76% | Jun 2024 44% | Sep 2024 3.9% | Dec 2024 2.5% | Mar 2025 -0.4% | Jun 2025 0.8% | Sep 2025 -1.3% | Dec 2025 -101% | Mar 2026 -6.2% | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 -21% | Jun 2023 -11% | Sep 2023 -29% | Dec 2023 -25% | Mar 2024 -18% | Jun 2024 -88% | Sep 2024 -11% | Dec 2024 -33% | Mar 2025 8.8% | Jun 2025 624% | Sep 2025 3.9% | Dec 2025 13% | Mar 2026 47% | Jun 2026 — - KMB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 7.9% | Sep 2022 -3.7% | Dec 2022 37% | Mar 2023 3.9% | Jun 2023 -91% | Sep 2023 23% | Dec 2023 -4.4% | Mar 2024 12% | Jun 2024 1,014% | Sep 2024 43% | Dec 2024 -34% | Mar 2025 -29% | Jun 2025 -1.0% | Sep 2025 -62% | Dec 2025 8.9% | Mar 2026 22% | Jun 2026 — - EL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -95% | Sep 2022 -30% | Dec 2022 -64% | Mar 2023 -73% | Jun 2023 -164% | Sep 2023 -93% | Dec 2023 -18% | Mar 2024 116% | Jun 2024 — | Sep 2024 -533% | Dec 2024 -282% | Mar 2025 -53% | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 -44% | Jun 2026 — - CHD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -14% | Sep 2022 -19% | Dec 2022 -204% | Mar 2023 -0.5% | Jun 2023 18% | Sep 2023 -4.8% | Dec 2023 — | Mar 2024 12% | Jun 2024 10% | Sep 2024 -142% | Dec 2024 23% | Mar 2025 -3.5% | Jun 2025 -22% | Sep 2025 — | Dec 2025 -24% | Mar 2026 -1.8% | Jun 2026 — - CLX: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 4.0% | Sep 2022 -39% | Dec 2022 42% | Mar 2023 -238% | Jun 2023 74% | Sep 2023 -71% | Dec 2023 -5.9% | Mar 2024 — | Jun 2024 22% | Sep 2024 312% | Dec 2024 102% | Mar 2025 — | Jun 2025 52% | Sep 2025 -20% | Dec 2025 -17% | Mar 2026 0.0% | Jun 2026 — - ELF: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 75% | Sep 2022 100% | Dec 2022 217% | Mar 2023 700% | Jun 2023 279% | Sep 2023 175% | Dec 2023 42% | Mar 2024 -6.3% | Jun 2024 -9.4% | Sep 2024 -42% | Dec 2024 -37% | Mar 2025 87% | Jun 2025 -31% | Sep 2025 -84% | Dec 2025 129% | Mar 2026 -275% | Jun 2026 — - IPAR: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 21% | Sep 2022 6.0% | Dec 2022 — | Mar 2023 54% | Jun 2023 23% | Sep 2023 25% | Dec 2023 -53% | Mar 2024 -25% | Jun 2024 9.3% | Sep 2024 17% | Dec 2024 238% | Mar 2025 3.8% | Jun 2025 -13% | Sep 2025 7.8% | Dec 2025 3.7% | Mar 2026 3.6% | Jun 2026 — - COTY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 -41% | Dec 2022 -7.3% | Mar 2023 107% | Jun 2023 — | Sep 2023 -93% | Dec 2023 -23% | Mar 2024 -92% | Jun 2024 -235% | Sep 2024 810% | Dec 2024 -83% | Mar 2025 -4,567% | Jun 2025 — | Sep 2025 -19% | Dec 2025 -474% | Mar 2026 — | Jun 2026 — - NWL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 1.0% | Sep 2022 -90% | Dec 2022 -359% | Mar 2023 -145% | Jun 2023 -91% | Sep 2023 -1,247% | Dec 2023 — | Mar 2024 — | Jun 2024 150% | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 2.2% | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 — - SPB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 -5,833% | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 39% | Mar 2025 -96% | Jun 2025 11% | Sep 2025 308% | Dec 2025 16% | Mar 2026 1,050% | Jun 2026 — - EPC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -24% | Sep 2022 -22% | Dec 2022 9.1% | Mar 2023 -17% | Jun 2023 71% | Sep 2023 -14% | Dec 2023 -58% | Mar 2024 89% | Jun 2024 -7.6% | Sep 2024 -70% | Dec 2024 -300% | Mar 2025 -42% | Jun 2025 -41% | Sep 2025 -444% | Dec 2025 — | Mar 2026 -81% | Jun 2026 — - ODD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 70% | Sep 2022 -40% | Dec 2022 — | Mar 2023 567% | Jun 2023 76% | Sep 2023 33% | Dec 2023 — | Mar 2024 65% | Jun 2024 50% | Sep 2024 350% | Dec 2024 0.0% | Mar 2025 15% | Jun 2025 8.9% | Sep 2025 0.0% | Dec 2025 20% | Mar 2026 -155% | Jun 2026 — - HELE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 4.7% | Dec 2022 -6.2% | Mar 2023 347% | Jun 2023 620% | Sep 2023 4.1% | Dec 2023 2.7% | Mar 2024 14% | Jun 2024 -6.0% | Sep 2024 -6.1% | Dec 2024 -1.9% | Mar 2025 -1.7% | Jun 2025 -307% | Sep 2025 -12% | Dec 2025 -7.3% | Mar 2026 -11% | Jun 2026 — - MAGN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -300% | Sep 2022 -713% | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 -393% | Jun 2025 -195% | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 — - HNST: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 -200% | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 -100% | Jun 2026 — - NUS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -42% | Sep 2022 -150% | Dec 2022 — | Mar 2023 -72% | Jun 2023 -21% | Sep 2023 — | Dec 2023 -88% | Mar 2024 -109% | Jun 2024 -537% | Sep 2024 — | Dec 2024 -614% | Mar 2025 — | Jun 2025 — | Sep 2025 113% | Dec 2025 — | Mar 2026 -98% | Jun 2026 — - ACU: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -57% | Sep 2022 -100% | Dec 2022 -133% | Mar 2023 0.0% | Jun 2023 0.0% | Sep 2023 — | Dec 2023 — | Mar 2024 100% | Jun 2024 33% | Sep 2024 0.0% | Dec 2024 -82% | Mar 2025 0.0% | Jun 2025 25% | Sep 2025 0.0% | Dec 2025 0.0% | Mar 2026 -50% | Jun 2026 — ## Capacity Spending & Returns On It What the numbers say: The Procter & Gamble Company reports $1,019 million of CAPEX; Kimberly-Clark Corporation has the highest covered intensity at 10.2%. Coverage is only 20 of 20 companies and 362 reported observations, so this is partial evidence—not a complete sector rank. Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation. This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns. Evidence: The Procter & Gamble Company · $1,019 million | 42.3% versus #2 · Unilever PLC | 8/8 recent comparable periods | 20/20 companies · 362 observations Definition: CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns. ### CAPEX — largest spenders 1. The Procter & Gamble Company (PG): ₹1.0K Cr 2. Unilever PLC (UL): ₹716 Cr — older report 3. Kimberly-Clark Corporation (KMB): ₹424 Cr 4. Kenvue Inc. (KVUE): ₹139 Cr 5. Colgate-Palmolive Company (CL): ₹138 Cr ### CAPEX intensity — highest reinvestment intensity 1. Kimberly-Clark Corporation (KMB): 10% 2. The Procter & Gamble Company (PG): 4.8% 3. Nu Skin Enterprises, Inc. (NUS): 4.4% 4. Acme United Corporation (ACU): 3.8% 5. Coty Inc. (COTY): 3.6% ### 20-quarter CAPEX history - PG: Sep 2021 ₹859 Cr | Dec 2021 ₹859 Cr | Mar 2022 ₹747 Cr | Jun 2022 ₹692 Cr | Sep 2022 ₹799 Cr | Dec 2022 ₹799 Cr | Mar 2023 ₹730 Cr | Jun 2023 ₹734 Cr | Sep 2023 ₹871 Cr | Dec 2023 ₹871 Cr | Mar 2024 ₹797 Cr | Jun 2024 ₹783 Cr | Sep 2024 ₹959 Cr | Dec 2024 ₹959 Cr | Mar 2025 ₹859 Cr | Jun 2025 ₹996 Cr | Sep 2025 ₹1.2K Cr | Dec 2025 ₹1.2K Cr | Mar 2026 ₹1.0K Cr | Jun 2026 — - UL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 ₹593 Cr | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 ₹478 Cr | Sep 2023 — | Dec 2023 ₹1.0K Cr | Mar 2024 — | Jun 2024 ₹617 Cr | Sep 2024 — | Dec 2024 ₹1.1K Cr | Mar 2025 — | Jun 2025 ₹701 Cr | Sep 2025 — | Dec 2025 ₹716 Cr | Mar 2026 — | Jun 2026 — - CL: Sep 2021 ₹137 Cr | Dec 2021 ₹193 Cr | Mar 2022 ₹122 Cr | Jun 2022 ₹178 Cr | Sep 2022 ₹175 Cr | Dec 2022 ₹221 Cr | Mar 2023 ₹163 Cr | Jun 2023 ₹184 Cr | Sep 2023 ₹161 Cr | Dec 2023 ₹197 Cr | Mar 2024 ₹126 Cr | Jun 2024 ₹117 Cr | Sep 2024 ₹134 Cr | Dec 2024 ₹184 Cr | Mar 2025 ₹124 Cr | Jun 2025 ₹108 Cr | Sep 2025 ₹155 Cr | Dec 2025 ₹177 Cr | Mar 2026 ₹138 Cr | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 — | Mar 2022 ₹123 Cr | Jun 2022 ₹37 Cr | Sep 2022 ₹76 Cr | Dec 2022 ₹103 Cr | Mar 2023 ₹159 Cr | Jun 2023 ₹55 Cr | Sep 2023 ₹77 Cr | Dec 2023 ₹114 Cr | Mar 2024 ₹153 Cr | Jun 2024 ₹90 Cr | Sep 2024 ₹59 Cr | Dec 2024 ₹132 Cr | Mar 2025 ₹179 Cr | Jun 2025 ₹88 Cr | Sep 2025 ₹98 Cr | Dec 2025 ₹110 Cr | Mar 2026 ₹139 Cr | Jun 2026 — - KMB: Sep 2021 ₹235 Cr | Dec 2021 ₹273 Cr | Mar 2022 ₹253 Cr | Jun 2022 ₹217 Cr | Sep 2022 ₹209 Cr | Dec 2022 ₹197 Cr | Mar 2023 ₹201 Cr | Jun 2023 ₹188 Cr | Sep 2023 ₹160 Cr | Dec 2023 ₹217 Cr | Mar 2024 ₹194 Cr | Jun 2024 ₹158 Cr | Sep 2024 ₹160 Cr | Dec 2024 ₹209 Cr | Mar 2025 ₹204 Cr | Jun 2025 ₹197 Cr | Sep 2025 ₹340 Cr | Dec 2025 ₹397 Cr | Mar 2026 ₹424 Cr | Jun 2026 — - EL: Sep 2021 ₹205 Cr | Dec 2021 ₹254 Cr | Mar 2022 ₹199 Cr | Jun 2022 ₹382 Cr | Sep 2022 ₹152 Cr | Dec 2022 ₹267 Cr | Mar 2023 ₹233 Cr | Jun 2023 ₹351 Cr | Sep 2023 ₹295 Cr | Dec 2023 ₹232 Cr | Mar 2024 ₹175 Cr | Jun 2024 ₹217 Cr | Sep 2024 ₹141 Cr | Dec 2024 ₹132 Cr | Mar 2025 ₹122 Cr | Jun 2025 ₹207 Cr | Sep 2025 ₹96 Cr | Dec 2025 ₹108 Cr | Mar 2026 ₹102 Cr | Jun 2026 — - CHD: Sep 2021 ₹21 Cr | Dec 2021 ₹55 Cr | Mar 2022 ₹16 Cr | Jun 2022 ₹23 Cr | Sep 2022 ₹59 Cr | Dec 2022 ₹81 Cr | Mar 2023 ₹25 Cr | Jun 2023 ₹38 Cr | Sep 2023 ₹58 Cr | Dec 2023 ₹102 Cr | Mar 2024 ₹46 Cr | Jun 2024 ₹30 Cr | Sep 2024 ₹49 Cr | Dec 2024 ₹55 Cr | Mar 2025 ₹17 Cr | Jun 2025 ₹23 Cr | Sep 2025 ₹28 Cr | Dec 2025 ₹55 Cr | Mar 2026 ₹32 Cr | Jun 2026 — - CLX: Sep 2021 ₹52 Cr | Dec 2021 ₹57 Cr | Mar 2022 ₹63 Cr | Jun 2022 ₹79 Cr | Sep 2022 ₹46 Cr | Dec 2022 ₹42 Cr | Mar 2023 ₹56 Cr | Jun 2023 ₹84 Cr | Sep 2023 ₹24 Cr | Dec 2023 ₹52 Cr | Mar 2024 ₹55 Cr | Jun 2024 ₹81 Cr | Sep 2024 ₹39 Cr | Dec 2024 ₹53 Cr | Mar 2025 ₹53 Cr | Jun 2025 ₹75 Cr | Sep 2025 ₹36 Cr | Dec 2025 ₹42 Cr | Mar 2026 ₹43 Cr | Jun 2026 — - ELF: Sep 2021 ₹1 Cr | Dec 2021 ₹1 Cr | Mar 2022 ₹0 Cr | Jun 2022 ₹0 Cr | Sep 2022 ₹0 Cr | Dec 2022 ₹1 Cr | Mar 2023 ₹0 Cr | Jun 2023 ₹1 Cr | Sep 2023 ₹1 Cr | Dec 2023 ₹5 Cr | Mar 2024 ₹3 Cr | Jun 2024 ₹1 Cr | Sep 2024 ₹2 Cr | Dec 2024 ₹5 Cr | Mar 2025 ₹11 Cr | Jun 2025 ₹7 Cr | Sep 2025 ₹7 Cr | Dec 2025 ₹7 Cr | Mar 2026 ₹2 Cr | Jun 2026 — - IPAR: Sep 2021 ₹11 Cr | Dec 2021 ₹10 Cr | Mar 2022 ₹13 Cr | Jun 2022 ₹17 Cr | Sep 2022 ₹2 Cr | Dec 2022 ₹1 Cr | Mar 2023 ₹2 Cr | Jun 2023 ₹1 Cr | Sep 2023 ₹1 Cr | Dec 2023 ₹2 Cr | Mar 2024 ₹1 Cr | Jun 2024 ₹1 Cr | Sep 2024 ₹1 Cr | Dec 2024 ₹2 Cr | Mar 2025 ₹1 Cr | Jun 2025 ₹15 Cr | Sep 2025 ₹6 Cr | Dec 2025 ₹2 Cr | Mar 2026 ₹1 Cr | Jun 2026 — - COTY: Sep 2021 ₹45 Cr | Dec 2021 ₹41 Cr | Mar 2022 ₹47 Cr | Jun 2022 ₹41 Cr | Sep 2022 ₹75 Cr | Dec 2022 ₹27 Cr | Mar 2023 ₹54 Cr | Jun 2023 ₹67 Cr | Sep 2023 ₹62 Cr | Dec 2023 ₹59 Cr | Mar 2024 ₹64 Cr | Jun 2024 ₹60 Cr | Sep 2024 ₹75 Cr | Dec 2024 ₹46 Cr | Mar 2025 ₹46 Cr | Jun 2025 ₹48 Cr | Sep 2025 ₹54 Cr | Dec 2025 ₹47 Cr | Mar 2026 ₹46 Cr | Jun 2026 — - NWL: Sep 2021 ₹67 Cr | Dec 2021 ₹108 Cr | Mar 2022 ₹70 Cr | Jun 2022 ₹70 Cr | Sep 2022 ₹81 Cr | Dec 2022 ₹91 Cr | Mar 2023 ₹83 Cr | Jun 2023 ₹59 Cr | Sep 2023 ₹67 Cr | Dec 2023 ₹75 Cr | Mar 2024 ₹59 Cr | Jun 2024 ₹53 Cr | Sep 2024 ₹51 Cr | Dec 2024 ₹96 Cr | Mar 2025 ₹59 Cr | Jun 2025 ₹59 Cr | Sep 2025 ₹59 Cr | Dec 2025 ₹70 Cr | Mar 2026 ₹37 Cr | Jun 2026 — - SPB: Sep 2021 ₹10 Cr | Dec 2021 — | Mar 2022 ₹14 Cr | Jun 2022 ₹10 Cr | Sep 2022 ₹21 Cr | Dec 2022 — | Mar 2023 ₹10 Cr | Jun 2023 ₹16 Cr | Sep 2023 ₹18 Cr | Dec 2023 ₹8 Cr | Mar 2024 ₹13 Cr | Jun 2024 ₹10 Cr | Sep 2024 ₹13 Cr | Dec 2024 ₹6 Cr | Mar 2025 ₹9 Cr | Jun 2025 ₹10 Cr | Sep 2025 ₹13 Cr | Dec 2025 ₹8 Cr | Mar 2026 ₹9 Cr | Jun 2026 — - EPC: Sep 2021 ₹23 Cr | Dec 2021 ₹9 Cr | Mar 2022 ₹16 Cr | Jun 2022 ₹12 Cr | Sep 2022 ₹19 Cr | Dec 2022 ₹11 Cr | Mar 2023 ₹8 Cr | Jun 2023 ₹12 Cr | Sep 2023 ₹18 Cr | Dec 2023 ₹7 Cr | Mar 2024 ₹12 Cr | Jun 2024 ₹13 Cr | Sep 2024 ₹26 Cr | Dec 2024 ₹17 Cr | Mar 2025 ₹17 Cr | Jun 2025 ₹16 Cr | Sep 2025 ₹28 Cr | Dec 2025 ₹12 Cr | Mar 2026 ₹14 Cr | Jun 2026 — - ODD: Sep 2021 — | Dec 2021 — | Mar 2022 ₹1 Cr | Jun 2022 ₹1 Cr | Sep 2022 ₹0 Cr | Dec 2022 ₹0 Cr | Mar 2023 ₹0 Cr | Jun 2023 ₹0 Cr | Sep 2023 ₹1 Cr | Dec 2023 ₹1 Cr | Mar 2024 ₹1 Cr | Jun 2024 ₹1 Cr | Sep 2024 ₹1 Cr | Dec 2024 ₹1 Cr | Mar 2025 ₹1 Cr | Jun 2025 ₹1 Cr | Sep 2025 ₹1 Cr | Dec 2025 ₹1 Cr | Mar 2026 ₹1 Cr | Jun 2026 — - HELE: Sep 2021 ₹20 Cr | Dec 2021 ₹18 Cr | Mar 2022 ₹37 Cr | Jun 2022 ₹76 Cr | Sep 2022 ₹36 Cr | Dec 2022 ₹34 Cr | Mar 2023 ₹29 Cr | Jun 2023 ₹12 Cr | Sep 2023 ₹9 Cr | Dec 2023 ₹9 Cr | Mar 2024 ₹7 Cr | Jun 2024 ₹9 Cr | Sep 2024 ₹5 Cr | Dec 2024 ₹8 Cr | Mar 2025 ₹8 Cr | Jun 2025 ₹13 Cr | Sep 2025 ₹11 Cr | Dec 2025 ₹6 Cr | Mar 2026 ₹8 Cr | Jun 2026 ₹6 Cr - MAGN: Sep 2021 ₹7 Cr | Dec 2021 ₹12 Cr | Mar 2022 ₹12 Cr | Jun 2022 ₹10 Cr | Sep 2022 ₹7 Cr | Dec 2022 ₹8 Cr | Mar 2023 ₹10 Cr | Jun 2023 ₹8 Cr | Sep 2023 — | Dec 2023 ₹16 Cr | Mar 2024 ₹7 Cr | Jun 2024 ₹16 Cr | Sep 2024 ₹16 Cr | Dec 2024 ₹16 Cr | Mar 2025 ₹23 Cr | Jun 2025 ₹13 Cr | Sep 2025 ₹15 Cr | Dec 2025 ₹15 Cr | Mar 2026 ₹14 Cr | Jun 2026 — - HNST: Sep 2021 ₹0 Cr | Dec 2021 ₹0 Cr | Mar 2022 ₹0 Cr | Jun 2022 ₹1 Cr | Sep 2022 ₹1 Cr | Dec 2022 ₹0 Cr | Mar 2023 ₹0 Cr | Jun 2023 ₹1 Cr | Sep 2023 ₹0 Cr | Dec 2023 ₹0 Cr | Mar 2024 ₹0 Cr | Jun 2024 ₹0 Cr | Sep 2024 ₹0 Cr | Dec 2024 ₹0 Cr | Mar 2025 ₹0 Cr | Jun 2025 ₹0 Cr | Sep 2025 ₹0 Cr | Dec 2025 ₹1 Cr | Mar 2026 ₹2 Cr | Jun 2026 — - NUS: Sep 2021 ₹14 Cr | Dec 2021 ₹18 Cr | Mar 2022 ₹10 Cr | Jun 2022 ₹10 Cr | Sep 2022 ₹25 Cr | Dec 2022 ₹14 Cr | Mar 2023 ₹11 Cr | Jun 2023 ₹15 Cr | Sep 2023 ₹12 Cr | Dec 2023 ₹20 Cr | Mar 2024 ₹12 Cr | Jun 2024 ₹8 Cr | Sep 2024 ₹9 Cr | Dec 2024 ₹13 Cr | Mar 2025 ₹14 Cr | Jun 2025 ₹0 Cr | Sep 2025 ₹10 Cr | Dec 2025 ₹11 Cr | Mar 2026 ₹14 Cr | Jun 2026 — - ACU: Sep 2021 ₹1 Cr | Dec 2021 ₹2 Cr | Mar 2022 ₹1 Cr | Jun 2022 ₹2 Cr | Sep 2022 ₹1 Cr | Dec 2022 ₹1 Cr | Mar 2023 ₹1 Cr | Jun 2023 ₹2 Cr | Sep 2023 ₹1 Cr | Dec 2023 ₹1 Cr | Mar 2024 ₹2 Cr | Jun 2024 ₹2 Cr | Sep 2024 ₹1 Cr | Dec 2024 ₹2 Cr | Mar 2025 ₹1 Cr | Jun 2025 ₹2 Cr | Sep 2025 ₹7 Cr | Dec 2025 ₹1 Cr | Mar 2026 ₹2 Cr | Jun 2026 — ### 20-quarter CAPEX intensity history - PG: Sep 2021 4.2% | Dec 2021 4.1% | Mar 2022 3.9% | Jun 2022 3.5% | Sep 2022 3.9% | Dec 2022 3.8% | Mar 2023 3.6% | Jun 2023 3.6% | Sep 2023 4.0% | Dec 2023 4.1% | Mar 2024 3.9% | Jun 2024 3.8% | Sep 2024 4.4% | Dec 2024 4.4% | Mar 2025 4.3% | Jun 2025 4.8% | Sep 2025 5.3% | Dec 2025 5.3% | Mar 2026 4.8% | Jun 2026 — - UL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 2.0% | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 1.6% | Sep 2023 — | Dec 2023 4.8% | Mar 2024 — | Jun 2024 2.0% | Sep 2024 — | Dec 2024 3.8% | Mar 2025 — | Jun 2025 2.3% | Sep 2025 — | Dec 2025 3.5% | Mar 2026 — | Jun 2026 — - CL: Sep 2021 3.1% | Dec 2021 4.4% | Mar 2022 2.8% | Jun 2022 4.0% | Sep 2022 3.9% | Dec 2022 4.8% | Mar 2023 3.4% | Jun 2023 3.8% | Sep 2023 3.3% | Dec 2023 4.0% | Mar 2024 2.5% | Jun 2024 2.3% | Sep 2024 2.7% | Dec 2024 3.7% | Mar 2025 2.5% | Jun 2025 2.1% | Sep 2025 3.0% | Dec 2025 3.4% | Mar 2026 2.6% | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 — | Mar 2022 3.3% | Jun 2022 1.0% | Sep 2022 2.0% | Dec 2022 2.7% | Mar 2023 4.2% | Jun 2023 1.4% | Sep 2023 1.9% | Dec 2023 2.9% | Mar 2024 3.9% | Jun 2024 2.3% | Sep 2024 1.5% | Dec 2024 3.6% | Mar 2025 4.8% | Jun 2025 2.3% | Sep 2025 2.6% | Dec 2025 2.9% | Mar 2026 3.6% | Jun 2026 — - KMB: Sep 2021 4.7% | Dec 2021 5.5% | Mar 2022 5.0% | Jun 2022 4.3% | Sep 2022 4.1% | Dec 2022 4.0% | Mar 2023 3.9% | Jun 2023 3.7% | Sep 2023 3.1% | Dec 2023 4.4% | Mar 2024 3.8% | Jun 2024 3.7% | Sep 2024 3.9% | Dec 2024 5.1% | Mar 2025 5.0% | Jun 2025 4.7% | Sep 2025 8.2% | Dec 2025 9.7% | Mar 2026 10% | Jun 2026 — - EL: Sep 2021 4.7% | Dec 2021 4.6% | Mar 2022 4.7% | Jun 2022 11% | Sep 2022 3.9% | Dec 2022 5.8% | Mar 2023 6.2% | Jun 2023 9.7% | Sep 2023 8.4% | Dec 2023 5.4% | Mar 2024 4.4% | Jun 2024 5.6% | Sep 2024 4.2% | Dec 2024 3.3% | Mar 2025 3.4% | Jun 2025 6.1% | Sep 2025 2.8% | Dec 2025 2.6% | Mar 2026 2.7% | Jun 2026 — - CHD: Sep 2021 1.6% | Dec 2021 4.0% | Mar 2022 1.2% | Jun 2022 1.7% | Sep 2022 4.5% | Dec 2022 5.6% | Mar 2023 1.7% | Jun 2023 2.6% | Sep 2023 4.0% | Dec 2023 6.7% | Mar 2024 3.1% | Jun 2024 2.0% | Sep 2024 3.2% | Dec 2024 3.5% | Mar 2025 1.2% | Jun 2025 1.5% | Sep 2025 1.8% | Dec 2025 3.3% | Mar 2026 2.2% | Jun 2026 — - CLX: Sep 2021 2.9% | Dec 2021 3.4% | Mar 2022 3.5% | Jun 2022 4.4% | Sep 2022 2.6% | Dec 2022 2.4% | Mar 2023 2.9% | Jun 2023 4.2% | Sep 2023 1.7% | Dec 2023 2.6% | Mar 2024 3.0% | Jun 2024 4.3% | Sep 2024 2.2% | Dec 2024 3.1% | Mar 2025 3.2% | Jun 2025 3.8% | Sep 2025 2.5% | Dec 2025 2.5% | Mar 2026 2.6% | Jun 2026 — - ELF: Sep 2021 1.1% | Dec 2021 1.0% | Mar 2022 0.0% | Jun 2022 0.0% | Sep 2022 0.0% | Dec 2022 0.7% | Mar 2023 0.0% | Jun 2023 0.5% | Sep 2023 0.5% | Dec 2023 1.8% | Mar 2024 0.9% | Jun 2024 0.3% | Sep 2024 0.7% | Dec 2024 1.4% | Mar 2025 3.3% | Jun 2025 2.0% | Sep 2025 2.0% | Dec 2025 1.4% | Mar 2026 0.4% | Jun 2026 — - IPAR: Sep 2021 4.2% | Dec 2021 4.7% | Mar 2022 5.2% | Jun 2022 6.9% | Sep 2022 0.7% | Dec 2022 0.3% | Mar 2023 0.6% | Jun 2023 0.3% | Sep 2023 0.3% | Dec 2023 0.6% | Mar 2024 0.3% | Jun 2024 0.3% | Sep 2024 0.2% | Dec 2024 0.6% | Mar 2025 0.3% | Jun 2025 4.5% | Sep 2025 1.4% | Dec 2025 0.5% | Mar 2026 0.3% | Jun 2026 — - COTY: Sep 2021 3.3% | Dec 2021 2.6% | Mar 2022 4.0% | Jun 2022 3.5% | Sep 2022 5.4% | Dec 2022 1.8% | Mar 2023 4.2% | Jun 2023 5.0% | Sep 2023 3.8% | Dec 2023 3.4% | Mar 2024 4.6% | Jun 2024 4.4% | Sep 2024 4.5% | Dec 2024 2.8% | Mar 2025 3.5% | Jun 2025 3.8% | Sep 2025 3.4% | Dec 2025 2.8% | Mar 2026 3.6% | Jun 2026 — - NWL: Sep 2021 2.4% | Dec 2021 3.9% | Mar 2022 2.9% | Jun 2022 2.8% | Sep 2022 3.6% | Dec 2022 4.0% | Mar 2023 4.6% | Jun 2023 2.7% | Sep 2023 3.3% | Dec 2023 3.6% | Mar 2024 3.6% | Jun 2024 2.6% | Sep 2024 2.6% | Dec 2024 4.9% | Mar 2025 3.8% | Jun 2025 3.0% | Sep 2025 3.3% | Dec 2025 3.7% | Mar 2026 2.4% | Jun 2026 — - SPB: Sep 2021 1.3% | Dec 2021 — | Mar 2022 1.8% | Jun 2022 1.2% | Sep 2022 2.6% | Dec 2022 — | Mar 2023 1.4% | Jun 2023 2.2% | Sep 2023 2.4% | Dec 2023 1.2% | Mar 2024 1.8% | Jun 2024 1.3% | Sep 2024 1.7% | Dec 2024 0.9% | Mar 2025 1.3% | Jun 2025 1.4% | Sep 2025 1.8% | Dec 2025 1.2% | Mar 2026 1.3% | Jun 2026 — - EPC: Sep 2021 4.2% | Dec 2021 1.9% | Mar 2022 2.9% | Jun 2022 1.9% | Sep 2022 3.5% | Dec 2022 2.3% | Mar 2023 1.3% | Jun 2023 1.8% | Sep 2023 3.4% | Dec 2023 1.4% | Mar 2024 2.0% | Jun 2024 2.0% | Sep 2024 5.0% | Dec 2024 4.1% | Mar 2025 3.3% | Jun 2025 2.6% | Sep 2025 5.2% | Dec 2025 2.8% | Mar 2026 2.7% | Jun 2026 — - ODD: Sep 2021 — | Dec 2021 — | Mar 2022 1.1% | Jun 2022 1.0% | Sep 2022 0.0% | Dec 2022 0.0% | Mar 2023 0.0% | Jun 2023 0.0% | Sep 2023 1.1% | Dec 2023 1.0% | Mar 2024 0.5% | Jun 2024 0.5% | Sep 2024 0.8% | Dec 2024 0.8% | Mar 2025 0.4% | Jun 2025 0.4% | Sep 2025 0.7% | Dec 2025 0.7% | Mar 2026 0.5% | Jun 2026 — - HELE: Sep 2021 4.2% | Dec 2021 2.9% | Mar 2022 6.4% | Jun 2022 15% | Sep 2022 6.9% | Dec 2022 6.1% | Mar 2023 6.0% | Jun 2023 2.5% | Sep 2023 1.8% | Dec 2023 1.6% | Mar 2024 1.4% | Jun 2024 2.2% | Sep 2024 1.1% | Dec 2024 1.5% | Mar 2025 1.6% | Jun 2025 3.5% | Sep 2025 2.5% | Dec 2025 1.2% | Mar 2026 1.7% | Jun 2026 1.5% - MAGN: Sep 2021 2.5% | Dec 2021 3.6% | Mar 2022 3.1% | Jun 2022 2.7% | Sep 2022 1.9% | Dec 2022 2.1% | Mar 2023 2.6% | Jun 2023 2.2% | Sep 2023 — | Dec 2023 3.1% | Mar 2024 1.3% | Jun 2024 2.9% | Sep 2024 4.8% | Dec 2024 2.3% | Mar 2025 2.8% | Jun 2025 1.5% | Sep 2025 1.8% | Dec 2025 1.9% | Mar 2026 1.8% | Jun 2026 — - HNST: Sep 2021 0.0% | Dec 2021 0.0% | Mar 2022 0.0% | Jun 2022 1.3% | Sep 2022 1.2% | Dec 2022 0.0% | Mar 2023 0.0% | Jun 2023 1.2% | Sep 2023 0.0% | Dec 2023 0.0% | Mar 2024 0.0% | Jun 2024 0.0% | Sep 2024 0.0% | Dec 2024 0.0% | Mar 2025 0.0% | Jun 2025 0.0% | Sep 2025 0.0% | Dec 2025 1.1% | Mar 2026 2.6% | Jun 2026 — - NUS: Sep 2021 2.2% | Dec 2021 2.7% | Mar 2022 1.7% | Jun 2022 1.8% | Sep 2022 4.6% | Dec 2022 2.7% | Mar 2023 2.3% | Jun 2023 3.0% | Sep 2023 2.4% | Dec 2023 4.1% | Mar 2024 2.9% | Jun 2024 1.8% | Sep 2024 2.1% | Dec 2024 2.9% | Mar 2025 3.8% | Jun 2025 0.0% | Sep 2025 2.7% | Dec 2025 3.0% | Mar 2026 4.4% | Jun 2026 — - ACU: Sep 2021 2.1% | Dec 2021 4.3% | Mar 2022 2.3% | Jun 2022 3.5% | Sep 2022 2.0% | Dec 2022 2.3% | Mar 2023 2.2% | Jun 2023 3.8% | Sep 2023 2.0% | Dec 2023 2.4% | Mar 2024 4.4% | Jun 2024 3.6% | Sep 2024 2.1% | Dec 2024 4.3% | Mar 2025 2.2% | Jun 2025 3.7% | Sep 2025 14% | Dec 2025 2.1% | Mar 2026 3.8% | Jun 2026 — ## Debt Load & Balance-Sheet Headroom What the numbers say: The Honest Company, Inc. has the clearest covered balance-sheet capacity with $87 million net cash and gross debt of $3 million. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information. Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt. This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods. Evidence: The Honest Company, Inc. · $3 million | 93.9% versus #2 · Acme United Corporation | 8/8 recent comparable periods | 19/20 companies · 354 observations Definition: Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business. ### Gross debt — lowest gross debt 1. The Honest Company, Inc. (HNST): ₹3 Cr 2. Acme United Corporation (ACU): ₹49 Cr 3. Interparfums, Inc. (IPAR): ₹183 Cr 4. Nu Skin Enterprises, Inc. (NUS): ₹278 Cr 5. Oddity Tech Ltd. (ODD): ₹609 Cr ### Net debt — lowest net debt 1. The Honest Company, Inc. (HNST): ₹-87 Cr 2. Interparfums, Inc. (IPAR): ₹-54 Cr 3. Acme United Corporation (ACU): ₹45 Cr 4. Nu Skin Enterprises, Inc. (NUS): ₹78 Cr 5. Oddity Tech Ltd. (ODD): ₹313 Cr ### 20-quarter Gross debt history - PG: Sep 2021 ₹32.5K Cr | Dec 2021 ₹35.7K Cr | Mar 2022 ₹33.7K Cr | Jun 2022 ₹31.5K Cr | Sep 2022 ₹33.0K Cr | Dec 2022 ₹34.9K Cr | Mar 2023 ₹36.6K Cr | Jun 2023 ₹34.6K Cr | Sep 2023 ₹35.9K Cr | Dec 2023 ₹33.7K Cr | Mar 2024 ₹32.0K Cr | Jun 2024 ₹32.5K Cr | Sep 2024 ₹36.2K Cr | Dec 2024 ₹34.7K Cr | Mar 2025 ₹34.1K Cr | Jun 2025 ₹34.5K Cr | Sep 2025 ₹36.6K Cr | Dec 2025 ₹36.6K Cr | Mar 2026 ₹37.0K Cr | Jun 2026 — - CL: Sep 2021 ₹7.7K Cr | Dec 2021 ₹7.2K Cr | Mar 2022 ₹7.6K Cr | Jun 2022 ₹8.0K Cr | Sep 2022 ₹8.2K Cr | Dec 2022 ₹8.8K Cr | Mar 2023 ₹8.9K Cr | Jun 2023 ₹9.0K Cr | Sep 2023 ₹8.7K Cr | Dec 2023 ₹8.5K Cr | Mar 2024 ₹8.7K Cr | Jun 2024 ₹8.7K Cr | Sep 2024 ₹8.4K Cr | Dec 2024 ₹7.9K Cr | Mar 2025 ₹8.3K Cr | Jun 2025 ₹8.8K Cr | Sep 2025 ₹8.4K Cr | Dec 2025 ₹8.0K Cr | Mar 2026 ₹8.0K Cr | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 ₹0 Cr | Mar 2022 ₹0 Cr | Jun 2022 — | Sep 2022 — | Dec 2022 ₹0 Cr | Mar 2023 ₹0 Cr | Jun 2023 ₹7.7K Cr | Sep 2023 ₹8.4K Cr | Dec 2023 ₹8.2K Cr | Mar 2024 ₹8.6K Cr | Jun 2024 ₹8.5K Cr | Sep 2024 ₹8.7K Cr | Dec 2024 ₹8.6K Cr | Mar 2025 ₹8.7K Cr | Jun 2025 ₹8.6K Cr | Sep 2025 ₹9.0K Cr | Dec 2025 ₹8.5K Cr | Mar 2026 ₹8.7K Cr | Jun 2026 — - KMB: Sep 2021 ₹8.9K Cr | Dec 2021 ₹8.6K Cr | Mar 2022 ₹9.1K Cr | Jun 2022 ₹8.7K Cr | Sep 2022 ₹8.6K Cr | Dec 2022 ₹8.4K Cr | Mar 2023 ₹8.5K Cr | Jun 2023 ₹8.1K Cr | Sep 2023 ₹8.1K Cr | Dec 2023 ₹8.0K Cr | Mar 2024 ₹8.0K Cr | Jun 2024 ₹8.0K Cr | Sep 2024 ₹7.5K Cr | Dec 2024 ₹7.4K Cr | Mar 2025 ₹7.2K Cr | Jun 2025 ₹7.2K Cr | Sep 2025 ₹7.3K Cr | Dec 2025 ₹7.2K Cr | Mar 2026 ₹7.1K Cr | Jun 2026 — - EL: Sep 2021 ₹8.0K Cr | Dec 2021 ₹8.0K Cr | Mar 2022 ₹7.8K Cr | Jun 2022 ₹7.6K Cr | Sep 2022 ₹7.5K Cr | Dec 2022 ₹7.5K Cr | Mar 2023 ₹9.5K Cr | Jun 2023 ₹10.2K Cr | Sep 2023 ₹10.1K Cr | Dec 2023 ₹10.2K Cr | Mar 2024 ₹9.8K Cr | Jun 2024 ₹9.8K Cr | Sep 2024 ₹10.0K Cr | Dec 2024 ₹9.4K Cr | Mar 2025 ₹9.4K Cr | Jun 2025 ₹9.5K Cr | Sep 2025 ₹9.4K Cr | Dec 2025 ₹9.4K Cr | Mar 2026 ₹9.3K Cr | Jun 2026 — - CHD: Sep 2021 ₹1.8K Cr | Dec 2021 ₹2.6K Cr | Mar 2022 ₹2.4K Cr | Jun 2022 ₹2.8K Cr | Sep 2022 ₹2.5K Cr | Dec 2022 ₹2.7K Cr | Mar 2023 ₹2.4K Cr | Jun 2023 ₹2.4K Cr | Sep 2023 ₹2.4K Cr | Dec 2023 ₹2.4K Cr | Mar 2024 ₹2.2K Cr | Jun 2024 ₹2.2K Cr | Sep 2024 ₹2.2K Cr | Dec 2024 ₹2.2K Cr | Mar 2025 ₹2.2K Cr | Jun 2025 ₹2.2K Cr | Sep 2025 ₹2.2K Cr | Dec 2025 ₹2.2K Cr | Mar 2026 ₹2.2K Cr | Jun 2026 — - CLX: Sep 2021 ₹3.2K Cr | Dec 2021 ₹3.2K Cr | Mar 2022 ₹3.2K Cr | Jun 2022 ₹3.1K Cr | Sep 2022 ₹3.2K Cr | Dec 2022 ₹3.1K Cr | Mar 2023 ₹3.0K Cr | Jun 2023 ₹2.9K Cr | Sep 2023 ₹3.2K Cr | Dec 2023 ₹3.1K Cr | Mar 2024 ₹3.0K Cr | Jun 2024 ₹2.9K Cr | Sep 2024 ₹2.9K Cr | Dec 2024 ₹3.1K Cr | Mar 2025 ₹2.9K Cr | Jun 2025 ₹2.9K Cr | Sep 2025 ₹3.1K Cr | Dec 2025 ₹3.2K Cr | Mar 2026 ₹4.5K Cr | Jun 2026 — - ELF: Sep 2021 ₹131 Cr | Dec 2021 ₹115 Cr | Mar 2022 ₹113 Cr | Jun 2022 ₹110 Cr | Sep 2022 ₹108 Cr | Dec 2022 ₹80 Cr | Mar 2023 ₹78 Cr | Jun 2023 ₹75 Cr | Sep 2023 ₹78 Cr | Dec 2023 ₹287 Cr | Mar 2024 ₹284 Cr | Jun 2024 ₹296 Cr | Sep 2024 ₹293 Cr | Dec 2024 ₹302 Cr | Mar 2025 ₹305 Cr | Jun 2025 ₹307 Cr | Sep 2025 ₹910 Cr | Dec 2025 ₹914 Cr | Mar 2026 ₹909 Cr | Jun 2026 — - IPAR: Sep 2021 ₹176 Cr | Dec 2021 ₹184 Cr | Mar 2022 ₹173 Cr | Jun 2022 ₹162 Cr | Sep 2022 ₹150 Cr | Dec 2022 ₹210 Cr | Mar 2023 ₹221 Cr | Jun 2023 ₹202 Cr | Sep 2023 ₹206 Cr | Dec 2023 ₹192 Cr | Mar 2024 ₹182 Cr | Jun 2024 ₹184 Cr | Sep 2024 ₹216 Cr | Dec 2024 ₹192 Cr | Mar 2025 ₹184 Cr | Jun 2025 ₹280 Cr | Sep 2025 ₹230 Cr | Dec 2025 ₹208 Cr | Mar 2026 ₹183 Cr | Jun 2026 — - COTY: Sep 2021 ₹6.0K Cr | Dec 2021 ₹5.2K Cr | Mar 2022 ₹5.2K Cr | Jun 2022 ₹4.8K Cr | Sep 2022 ₹4.7K Cr | Dec 2022 ₹4.4K Cr | Mar 2023 ₹4.6K Cr | Jun 2023 ₹4.5K Cr | Sep 2023 ₹4.4K Cr | Dec 2023 ₹4.0K Cr | Mar 2024 ₹4.2K Cr | Jun 2024 ₹4.1K Cr | Sep 2024 ₹4.2K Cr | Dec 2024 ₹3.7K Cr | Mar 2025 ₹4.1K Cr | Jun 2025 ₹4.2K Cr | Sep 2025 ₹4.3K Cr | Dec 2025 ₹3.3K Cr | Mar 2026 ₹3.4K Cr | Jun 2026 — - NWL: Sep 2021 ₹5.6K Cr | Dec 2021 ₹5.4K Cr | Mar 2022 ₹5.4K Cr | Jun 2022 ₹5.8K Cr | Sep 2022 ₹6.4K Cr | Dec 2022 ₹5.9K Cr | Mar 2023 ₹6.1K Cr | Jun 2023 ₹5.8K Cr | Sep 2023 ₹5.6K Cr | Dec 2023 ₹5.4K Cr | Mar 2024 ₹5.4K Cr | Jun 2024 ₹5.5K Cr | Sep 2024 ₹5.4K Cr | Dec 2024 ₹5.0K Cr | Mar 2025 ₹5.4K Cr | Jun 2025 ₹5.5K Cr | Sep 2025 ₹5.2K Cr | Dec 2025 ₹5.1K Cr | Mar 2026 ₹5.4K Cr | Jun 2026 — - SPB: Sep 2021 ₹2.8K Cr | Dec 2021 — | Mar 2022 ₹3.0K Cr | Jun 2022 ₹3.3K Cr | Sep 2022 ₹3.3K Cr | Dec 2022 — | Mar 2023 ₹3.3K Cr | Jun 2023 ₹3.3K Cr | Sep 2023 ₹2.2K Cr | Dec 2023 ₹1.5K Cr | Mar 2024 ₹1.5K Cr | Jun 2024 ₹653 Cr | Sep 2024 ₹679 Cr | Dec 2024 ₹638 Cr | Mar 2025 ₹716 Cr | Jun 2025 ₹760 Cr | Sep 2025 ₹654 Cr | Dec 2025 ₹698 Cr | Mar 2026 ₹726 Cr | Jun 2026 — - EPC: Sep 2021 ₹1.3K Cr | Dec 2021 ₹1.5K Cr | Mar 2022 ₹1.4K Cr | Jun 2022 ₹1.4K Cr | Sep 2022 ₹1.4K Cr | Dec 2022 ₹1.5K Cr | Mar 2023 ₹1.4K Cr | Jun 2023 ₹1.3K Cr | Sep 2023 ₹1.4K Cr | Dec 2023 ₹1.5K Cr | Mar 2024 ₹1.4K Cr | Jun 2024 ₹1.3K Cr | Sep 2024 ₹1.3K Cr | Dec 2024 ₹1.5K Cr | Mar 2025 ₹1.5K Cr | Jun 2025 ₹1.4K Cr | Sep 2025 ₹1.4K Cr | Dec 2025 ₹1.6K Cr | Mar 2026 ₹1.3K Cr | Jun 2026 — - ODD: Sep 2021 ₹4 Cr | Dec 2021 ₹4 Cr | Mar 2022 — | Jun 2022 — | Sep 2022 ₹16 Cr | Dec 2022 ₹16 Cr | Mar 2023 ₹15 Cr | Jun 2023 ₹13 Cr | Sep 2023 ₹13 Cr | Dec 2023 ₹13 Cr | Mar 2024 ₹17 Cr | Jun 2024 ₹16 Cr | Sep 2024 ₹23 Cr | Dec 2024 ₹23 Cr | Mar 2025 ₹24 Cr | Jun 2025 ₹605 Cr | Sep 2025 ₹607 Cr | Dec 2025 ₹608 Cr | Mar 2026 ₹609 Cr | Jun 2026 — - HELE: Sep 2021 ₹509 Cr | Dec 2021 ₹483 Cr | Mar 2022 ₹857 Cr | Jun 2022 ₹1.2K Cr | Sep 2022 ₹1.2K Cr | Dec 2022 ₹1.1K Cr | Mar 2023 ₹977 Cr | Jun 2023 ₹878 Cr | Sep 2023 ₹886 Cr | Dec 2023 ₹775 Cr | Mar 2024 ₹703 Cr | Jun 2024 ₹787 Cr | Sep 2024 ₹750 Cr | Dec 2024 ₹775 Cr | Mar 2025 ₹957 Cr | Jun 2025 ₹912 Cr | Sep 2025 ₹933 Cr | Dec 2025 ₹947 Cr | Mar 2026 ₹834 Cr | Jun 2026 ₹771 Cr - MAGN: Sep 2021 ₹462 Cr | Dec 2021 ₹787 Cr | Mar 2022 ₹809 Cr | Jun 2022 ₹812 Cr | Sep 2022 ₹819 Cr | Dec 2022 ₹845 Cr | Mar 2023 — | Jun 2023 ₹863 Cr | Sep 2023 ₹855 Cr | Dec 2023 ₹860 Cr | Mar 2024 ₹876 Cr | Jun 2024 ₹870 Cr | Sep 2024 ₹117 Cr | Dec 2024 ₹2.1K Cr | Mar 2025 ₹2.1K Cr | Jun 2025 ₹2.0K Cr | Sep 2025 ₹2.0K Cr | Dec 2025 ₹2.0K Cr | Mar 2026 ₹1.9K Cr | Jun 2026 — - HNST: Sep 2021 ₹38 Cr | Dec 2021 ₹38 Cr | Mar 2022 ₹36 Cr | Jun 2022 ₹34 Cr | Sep 2022 ₹32 Cr | Dec 2022 ₹30 Cr | Mar 2023 ₹28 Cr | Jun 2023 ₹26 Cr | Sep 2023 ₹24 Cr | Dec 2023 ₹22 Cr | Mar 2024 ₹20 Cr | Jun 2024 ₹18 Cr | Sep 2024 ₹15 Cr | Dec 2024 ₹13 Cr | Mar 2025 ₹11 Cr | Jun 2025 ₹9 Cr | Sep 2025 ₹6 Cr | Dec 2025 ₹5 Cr | Mar 2026 ₹3 Cr | Jun 2026 — - NUS: Sep 2021 ₹484 Cr | Dec 2021 ₹465 Cr | Mar 2022 ₹470 Cr | Jun 2022 ₹517 Cr | Sep 2022 ₹503 Cr | Dec 2022 ₹479 Cr | Mar 2023 ₹499 Cr | Jun 2023 ₹582 Cr | Sep 2023 ₹571 Cr | Dec 2023 ₹574 Cr | Mar 2024 ₹557 Cr | Jun 2024 ₹529 Cr | Sep 2024 ₹502 Cr | Dec 2024 ₹452 Cr | Mar 2025 ₹301 Cr | Jun 2025 ₹311 Cr | Sep 2025 ₹291 Cr | Dec 2025 ₹282 Cr | Mar 2026 ₹278 Cr | Jun 2026 — - ACU: Sep 2021 ₹47 Cr | Dec 2021 ₹48 Cr | Mar 2022 ₹55 Cr | Jun 2022 ₹65 Cr | Sep 2022 ₹71 Cr | Dec 2022 ₹64 Cr | Mar 2023 ₹54 Cr | Jun 2023 ₹53 Cr | Sep 2023 ₹46 Cr | Dec 2023 ₹26 Cr | Mar 2024 ₹40 Cr | Jun 2024 ₹42 Cr | Sep 2024 ₹37 Cr | Dec 2024 ₹33 Cr | Mar 2025 ₹35 Cr | Jun 2025 ₹34 Cr | Sep 2025 ₹36 Cr | Dec 2025 ₹29 Cr | Mar 2026 ₹49 Cr | Jun 2026 — ### 20-quarter Net debt history - PG: Sep 2021 ₹22.2K Cr | Dec 2021 ₹24.1K Cr | Mar 2022 ₹25.1K Cr | Jun 2022 ₹24.3K Cr | Sep 2022 ₹26.3K Cr | Dec 2022 ₹28.0K Cr | Mar 2023 ₹29.0K Cr | Jun 2023 ₹26.4K Cr | Sep 2023 ₹26.1K Cr | Dec 2023 ₹25.8K Cr | Mar 2024 ₹25.2K Cr | Jun 2024 ₹23.0K Cr | Sep 2024 ₹24.0K Cr | Dec 2024 ₹24.5K Cr | Mar 2025 ₹25.0K Cr | Jun 2025 ₹25.0K Cr | Sep 2025 ₹25.8K Cr | Dec 2025 ₹25.8K Cr | Mar 2026 ₹24.7K Cr | Jun 2026 — - CL: Sep 2021 ₹6.7K Cr | Dec 2021 ₹6.4K Cr | Mar 2022 ₹6.7K Cr | Jun 2022 ₹7.1K Cr | Sep 2022 ₹7.3K Cr | Dec 2022 ₹8.0K Cr | Mar 2023 ₹8.0K Cr | Jun 2023 ₹8.2K Cr | Sep 2023 ₹7.8K Cr | Dec 2023 ₹7.6K Cr | Mar 2024 ₹7.6K Cr | Jun 2024 ₹7.6K Cr | Sep 2024 ₹7.2K Cr | Dec 2024 ₹6.9K Cr | Mar 2025 ₹7.2K Cr | Jun 2025 ₹7.5K Cr | Sep 2025 ₹7.1K Cr | Dec 2025 ₹6.7K Cr | Mar 2026 ₹6.6K Cr | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 ₹-740 Cr | Mar 2022 ₹-740 Cr | Jun 2022 — | Sep 2022 — | Dec 2022 ₹-797 Cr | Mar 2023 ₹-1.2K Cr | Jun 2023 ₹6.0K Cr | Sep 2023 ₹7.2K Cr | Dec 2023 ₹7.1K Cr | Mar 2024 ₹7.4K Cr | Jun 2024 ₹7.5K Cr | Sep 2024 ₹7.6K Cr | Dec 2024 ₹7.5K Cr | Mar 2025 ₹7.7K Cr | Jun 2025 ₹7.5K Cr | Sep 2025 ₹7.8K Cr | Dec 2025 ₹7.5K Cr | Mar 2026 ₹7.6K Cr | Jun 2026 — - KMB: Sep 2021 ₹8.7K Cr | Dec 2021 ₹8.3K Cr | Mar 2022 ₹8.6K Cr | Jun 2022 ₹8.4K Cr | Sep 2022 ₹8.2K Cr | Dec 2022 ₹8.0K Cr | Mar 2023 ₹8.0K Cr | Jun 2023 ₹7.6K Cr | Sep 2023 ₹7.3K Cr | Dec 2023 ₹6.9K Cr | Mar 2024 ₹7.1K Cr | Jun 2024 ₹6.8K Cr | Sep 2024 ₹6.3K Cr | Dec 2024 ₹6.4K Cr | Mar 2025 ₹6.7K Cr | Jun 2025 ₹6.6K Cr | Sep 2025 ₹6.7K Cr | Dec 2025 ₹6.5K Cr | Mar 2026 ₹6.5K Cr | Jun 2026 — - EL: Sep 2021 ₹4.0K Cr | Dec 2021 ₹3.4K Cr | Mar 2022 ₹4.0K Cr | Jun 2022 ₹3.7K Cr | Sep 2022 ₹4.6K Cr | Dec 2022 ₹3.8K Cr | Mar 2023 ₹3.9K Cr | Jun 2023 ₹6.1K Cr | Sep 2023 ₹7.0K Cr | Dec 2023 ₹6.3K Cr | Mar 2024 ₹6.1K Cr | Jun 2024 ₹6.4K Cr | Sep 2024 ₹7.7K Cr | Dec 2024 ₹6.8K Cr | Mar 2025 ₹6.8K Cr | Jun 2025 ₹6.5K Cr | Sep 2025 ₹7.2K Cr | Dec 2025 ₹6.3K Cr | Mar 2026 ₹6.2K Cr | Jun 2026 — - CHD: Sep 2021 ₹1.6K Cr | Dec 2021 ₹2.3K Cr | Mar 2022 ₹2.2K Cr | Jun 2022 ₹2.2K Cr | Sep 2022 ₹2.1K Cr | Dec 2022 ₹2.4K Cr | Mar 2023 ₹2.2K Cr | Jun 2023 ₹2.0K Cr | Sep 2023 ₹1.8K Cr | Dec 2023 ₹2.1K Cr | Mar 2024 ₹1.9K Cr | Jun 2024 ₹1.7K Cr | Sep 2024 ₹1.5K Cr | Dec 2024 ₹1.2K Cr | Mar 2025 ₹1.1K Cr | Jun 2025 ₹1.3K Cr | Sep 2025 ₹1.9K Cr | Dec 2025 ₹1.8K Cr | Mar 2026 ₹1.7K Cr | Jun 2026 — - CLX: Sep 2021 ₹3.0K Cr | Dec 2021 ₹3.0K Cr | Mar 2022 ₹3.0K Cr | Jun 2022 ₹2.9K Cr | Sep 2022 ₹2.9K Cr | Dec 2022 ₹2.9K Cr | Mar 2023 ₹2.8K Cr | Jun 2023 ₹2.6K Cr | Sep 2023 ₹2.7K Cr | Dec 2023 ₹2.8K Cr | Mar 2024 ₹2.8K Cr | Jun 2024 ₹2.7K Cr | Sep 2024 ₹2.6K Cr | Dec 2024 ₹2.8K Cr | Mar 2025 ₹2.7K Cr | Jun 2025 ₹2.7K Cr | Sep 2025 ₹2.9K Cr | Dec 2025 ₹3.0K Cr | Mar 2026 ₹3.3K Cr | Jun 2026 — - ELF: Sep 2021 ₹89 Cr | Dec 2021 ₹82 Cr | Mar 2022 ₹70 Cr | Jun 2022 ₹38 Cr | Sep 2022 ₹23 Cr | Dec 2022 ₹-7 Cr | Mar 2023 ₹-43 Cr | Jun 2023 ₹-68 Cr | Sep 2023 ₹-90 Cr | Dec 2023 ₹214 Cr | Mar 2024 ₹176 Cr | Jun 2024 ₹187 Cr | Sep 2024 ₹196 Cr | Dec 2024 ₹228 Cr | Mar 2025 ₹156 Cr | Jun 2025 ₹137 Cr | Sep 2025 ₹716 Cr | Dec 2025 ₹717 Cr | Mar 2026 ₹619 Cr | Jun 2026 — - IPAR: Sep 2021 ₹-148 Cr | Dec 2021 ₹-136 Cr | Mar 2022 ₹-92 Cr | Jun 2022 ₹-34 Cr | Sep 2022 ₹-27 Cr | Dec 2022 ₹-46 Cr | Mar 2023 ₹-17 Cr | Jun 2023 ₹15 Cr | Sep 2023 ₹22 Cr | Dec 2023 ₹9 Cr | Mar 2024 ₹85 Cr | Jun 2024 ₹107 Cr | Sep 2024 ₹59 Cr | Dec 2024 ₹-43 Cr | Mar 2025 ₹12 Cr | Jun 2025 ₹75 Cr | Sep 2025 ₹42 Cr | Dec 2025 ₹-87 Cr | Mar 2026 ₹-54 Cr | Jun 2026 — - COTY: Sep 2021 ₹5.6K Cr | Dec 2021 ₹4.7K Cr | Mar 2022 ₹4.5K Cr | Jun 2022 ₹4.5K Cr | Sep 2022 ₹4.5K Cr | Dec 2022 ₹4.1K Cr | Mar 2023 ₹4.4K Cr | Jun 2023 ₹4.3K Cr | Sep 2023 ₹4.2K Cr | Dec 2023 ₹3.6K Cr | Mar 2024 ₹3.9K Cr | Jun 2024 ₹3.8K Cr | Sep 2024 ₹3.9K Cr | Dec 2024 ₹3.4K Cr | Mar 2025 ₹3.8K Cr | Jun 2025 ₹4.0K Cr | Sep 2025 ₹4.0K Cr | Dec 2025 ₹2.8K Cr | Mar 2026 ₹3.2K Cr | Jun 2026 — - NWL: Sep 2021 ₹5.1K Cr | Dec 2021 ₹4.9K Cr | Mar 2022 ₹5.1K Cr | Jun 2022 ₹5.4K Cr | Sep 2022 ₹5.7K Cr | Dec 2022 ₹5.6K Cr | Mar 2023 ₹5.9K Cr | Jun 2023 ₹5.5K Cr | Sep 2023 ₹5.2K Cr | Dec 2023 ₹5.0K Cr | Mar 2024 ₹5.0K Cr | Jun 2024 ₹5.1K Cr | Sep 2024 ₹4.9K Cr | Dec 2024 ₹4.8K Cr | Mar 2025 ₹5.1K Cr | Jun 2025 ₹5.3K Cr | Sep 2025 ₹5.0K Cr | Dec 2025 ₹4.9K Cr | Mar 2026 ₹5.2K Cr | Jun 2026 — - SPB: Sep 2021 ₹2.6K Cr | Dec 2021 — | Mar 2022 ₹2.8K Cr | Jun 2022 ₹3.1K Cr | Sep 2022 ₹3.0K Cr | Dec 2022 — | Mar 2023 ₹3.1K Cr | Jun 2023 ₹3.0K Cr | Sep 2023 ₹-753 Cr | Dec 2023 ₹93 Cr | Mar 2024 ₹239 Cr | Jun 2024 ₹346 Cr | Sep 2024 ₹310 Cr | Dec 2024 ₹458 Cr | Mar 2025 ₹620 Cr | Jun 2025 ₹638 Cr | Sep 2025 ₹530 Cr | Dec 2025 ₹571 Cr | Mar 2026 ₹601 Cr | Jun 2026 — - EPC: Sep 2021 ₹782 Cr | Dec 2021 ₹1.2K Cr | Mar 2022 ₹1.3K Cr | Jun 2022 ₹1.2K Cr | Sep 2022 ₹1.2K Cr | Dec 2022 ₹1.3K Cr | Mar 2023 ₹1.3K Cr | Jun 2023 ₹1.1K Cr | Sep 2023 ₹1.2K Cr | Dec 2023 ₹1.3K Cr | Mar 2024 ₹1.2K Cr | Jun 2024 ₹1.1K Cr | Sep 2024 ₹1.1K Cr | Dec 2024 ₹1.3K Cr | Mar 2025 ₹1.3K Cr | Jun 2025 ₹1.2K Cr | Sep 2025 ₹1.2K Cr | Dec 2025 ₹1.3K Cr | Mar 2026 ₹980 Cr | Jun 2026 — - ODD: Sep 2021 ₹-25 Cr | Dec 2021 ₹-25 Cr | Mar 2022 — | Jun 2022 — | Sep 2022 ₹-43 Cr | Dec 2022 ₹-43 Cr | Mar 2023 ₹-93 Cr | Jun 2023 ₹-94 Cr | Sep 2023 ₹-151 Cr | Dec 2023 ₹-103 Cr | Mar 2024 ₹-140 Cr | Jun 2024 ₹-154 Cr | Sep 2024 ₹-125 Cr | Dec 2024 ₹-77 Cr | Mar 2025 ₹-163 Cr | Jun 2025 ₹-74 Cr | Sep 2025 ₹-33 Cr | Dec 2025 ₹195 Cr | Mar 2026 ₹313 Cr | Jun 2026 — - HELE: Sep 2021 ₹477 Cr | Dec 2021 ₹439 Cr | Mar 2022 ₹824 Cr | Jun 2022 ₹1.1K Cr | Sep 2022 ₹1.2K Cr | Dec 2022 ₹1.1K Cr | Mar 2023 ₹948 Cr | Jun 2023 ₹839 Cr | Sep 2023 ₹862 Cr | Dec 2023 ₹750 Cr | Mar 2024 ₹684 Cr | Jun 2024 ₹771 Cr | Sep 2024 ₹730 Cr | Dec 2024 ₹734 Cr | Mar 2025 ₹938 Cr | Jun 2025 ₹889 Cr | Sep 2025 ₹911 Cr | Dec 2025 ₹920 Cr | Mar 2026 ₹815 Cr | Jun 2026 ₹749 Cr - MAGN: Sep 2021 ₹362 Cr | Dec 2021 ₹649 Cr | Mar 2022 ₹729 Cr | Jun 2022 ₹741 Cr | Sep 2022 ₹724 Cr | Dec 2022 ₹734 Cr | Mar 2023 — | Jun 2023 ₹809 Cr | Sep 2023 ₹802 Cr | Dec 2023 ₹810 Cr | Mar 2024 ₹846 Cr | Jun 2024 ₹836 Cr | Sep 2024 ₹-113 Cr | Dec 2024 ₹1.8K Cr | Mar 2025 ₹1.8K Cr | Jun 2025 ₹1.8K Cr | Sep 2025 ₹1.7K Cr | Dec 2025 ₹1.7K Cr | Mar 2026 ₹1.6K Cr | Jun 2026 — - HNST: Sep 2021 ₹-52 Cr | Dec 2021 ₹-55 Cr | Mar 2022 ₹-42 Cr | Jun 2022 ₹-33 Cr | Sep 2022 ₹-9 Cr | Dec 2022 ₹15 Cr | Mar 2023 ₹16 Cr | Jun 2023 ₹8 Cr | Sep 2023 ₹1 Cr | Dec 2023 ₹-11 Cr | Mar 2024 ₹-14 Cr | Jun 2024 ₹-19 Cr | Sep 2024 ₹-38 Cr | Dec 2024 ₹-62 Cr | Mar 2025 ₹-62 Cr | Jun 2025 ₹-63 Cr | Sep 2025 ₹-65 Cr | Dec 2025 ₹-85 Cr | Mar 2026 ₹-87 Cr | Jun 2026 — - NUS: Sep 2021 ₹182 Cr | Dec 2021 ₹110 Cr | Mar 2022 ₹152 Cr | Jun 2022 ₹135 Cr | Sep 2022 ₹195 Cr | Dec 2022 ₹200 Cr | Mar 2023 ₹252 Cr | Jun 2023 ₹330 Cr | Sep 2023 ₹321 Cr | Dec 2023 ₹306 Cr | Mar 2024 ₹336 Cr | Jun 2024 ₹296 Cr | Sep 2024 ₹264 Cr | Dec 2024 ₹254 Cr | Mar 2025 ₹87 Cr | Jun 2025 ₹46 Cr | Sep 2025 ₹38 Cr | Dec 2025 ₹42 Cr | Mar 2026 ₹78 Cr | Jun 2026 — - ACU: Sep 2021 ₹42 Cr | Dec 2021 ₹43 Cr | Mar 2022 ₹50 Cr | Jun 2022 ₹63 Cr | Sep 2022 ₹67 Cr | Dec 2022 ₹58 Cr | Mar 2023 ₹51 Cr | Jun 2023 ₹50 Cr | Sep 2023 ₹40 Cr | Dec 2023 ₹21 Cr | Mar 2024 ₹38 Cr | Jun 2024 ₹38 Cr | Sep 2024 ₹31 Cr | Dec 2024 ₹27 Cr | Mar 2025 ₹32 Cr | Jun 2025 ₹30 Cr | Sep 2025 ₹31 Cr | Dec 2025 ₹25 Cr | Mar 2026 ₹45 Cr | Jun 2026 — ## Return On Capital Employed What the numbers say: Colgate-Palmolive Company leads ROCE at 9.4%, 0.7 percentage points above The Clorox Company. Helen of Troy Limited has the strongest latest improvement at +21.1 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability. Investor read: Colgate-Palmolive Company sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current roce change signal. Evidence: Colgate-Palmolive Company · 9.4% | 8% versus #2 · The Clorox Company | 6/8 recent comparable periods | 20/20 companies · 372 observations Definition: ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability. ### ROCE — highest 1. Colgate-Palmolive Company (CL): 9.4% 2. The Clorox Company (CLX): 8.7% 3. Kimberly-Clark Corporation (KMB): 7.7% 4. Interparfums, Inc. (IPAR): 6.3% 5. The Procter & Gamble Company (PG): 5.1% ### ROCE change — fastest improvers 1. Helen of Troy Limited (HELE): +21.1 pp 2. The Clorox Company (CLX): +2.1 pp 3. Kimberly-Clark Corporation (KMB): +1.3 pp 4. Nu Skin Enterprises, Inc. (NUS): +1.2 pp 5. Kenvue Inc. (KVUE): +1.1 pp ### 20-quarter ROCE history - PG: Sep 2021 5.8% | Dec 2021 6.0% | Mar 2022 4.7% | Jun 2022 4.2% | Sep 2022 6.1% | Dec 2022 5.9% | Mar 2023 5.1% | Jun 2023 4.9% | Sep 2023 7.0% | Dec 2023 5.4% | Mar 2024 5.3% | Jun 2024 4.5% | Sep 2024 6.6% | Dec 2024 6.6% | Mar 2025 5.2% | Jun 2025 4.9% | Sep 2025 6.5% | Dec 2025 6.0% | Mar 2026 5.1% | Jun 2026 — - UL: Sep 2021 4.4% | Dec 2021 4.4% | Mar 2022 4.4% | Jun 2022 4.4% | Sep 2022 6.1% | Dec 2022 6.1% | Mar 2023 5.1% | Jun 2023 5.1% | Sep 2023 3.3% | Dec 2023 3.3% | Mar 2024 5.0% | Jun 2024 5.0% | Sep 2024 3.3% | Dec 2024 3.3% | Mar 2025 5.1% | Jun 2025 5.1% | Sep 2025 3.6% | Dec 2025 3.6% | Mar 2026 — | Jun 2026 — - CL: Sep 2021 8.6% | Dec 2021 3.2% | Mar 2022 7.7% | Jun 2022 7.6% | Sep 2022 8.1% | Dec 2022 1.8% | Mar 2023 7.9% | Jun 2023 8.5% | Sep 2023 8.9% | Dec 2023 9.2% | Mar 2024 9.1% | Jun 2024 9.6% | Sep 2024 9.4% | Dec 2024 9.7% | Mar 2025 10% | Jun 2025 9.9% | Sep 2025 9.5% | Dec 2025 0.9% | Mar 2026 9.4% | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 0.0% | Mar 2022 1.4% | Jun 2022 — | Sep 2022 — | Dec 2022 2.1% | Mar 2023 1.4% | Jun 2023 4.1% | Sep 2023 6.3% | Dec 2023 3.2% | Mar 2024 2.1% | Jun 2024 0.7% | Sep 2024 3.0% | Dec 2024 2.3% | Mar 2025 2.7% | Jun 2025 3.3% | Sep 2025 3.0% | Dec 2025 2.6% | Mar 2026 3.8% | Jun 2026 — - KMB: Sep 2021 6.3% | Dec 2021 4.7% | Mar 2022 6.3% | Jun 2022 5.8% | Sep 2022 6.2% | Dec 2022 6.6% | Mar 2023 7.0% | Jun 2023 1.0% | Sep 2023 7.4% | Dec 2023 6.4% | Mar 2024 8.0% | Jun 2024 5.1% | Sep 2024 10% | Dec 2024 4.2% | Mar 2025 6.4% | Jun 2025 6.0% | Sep 2025 6.2% | Dec 2025 5.2% | Mar 2026 7.7% | Jun 2026 — - EL: Sep 2021 6.4% | Dec 2021 9.3% | Mar 2022 4.8% | Jun 2022 0.5% | Sep 2022 4.3% | Dec 2022 3.5% | Mar 2023 1.9% | Jun 2023 0.0% | Sep 2023 0.6% | Dec 2023 3.6% | Mar 2024 3.3% | Jun 2024 -1.4% | Sep 2024 -0.7% | Dec 2024 -3.7% | Mar 2025 1.9% | Jun 2025 -2.6% | Sep 2025 1.1% | Dec 2025 2.8% | Mar 2026 1.7% | Jun 2026 — - CHD: Sep 2021 5.1% | Dec 2021 3.0% | Mar 2022 4.6% | Jun 2022 4.1% | Sep 2022 4.0% | Dec 2022 -3.0% | Mar 2023 4.4% | Jun 2023 4.2% | Sep 2023 3.6% | Dec 2023 3.0% | Mar 2024 4.2% | Jun 2024 4.5% | Sep 2024 -1.2% | Dec 2024 3.5% | Mar 2025 3.9% | Jun 2025 3.4% | Sep 2025 3.4% | Dec 2025 3.6% | Mar 2026 3.8% | Jun 2026 — - CLX: Sep 2021 4.9% | Dec 2021 2.7% | Mar 2022 5.6% | Jun 2022 4.2% | Sep 2022 4.4% | Dec 2022 3.8% | Mar 2023 -5.3% | Jun 2023 6.8% | Sep 2023 1.6% | Dec 2023 3.8% | Mar 2024 -0.6% | Jun 2024 7.7% | Sep 2024 4.6% | Dec 2024 6.1% | Mar 2025 6.6% | Jun 2025 11% | Sep 2025 3.5% | Dec 2025 6.8% | Mar 2026 8.7% | Jun 2026 — - ELF: Sep 2021 1.8% | Dec 2021 2.1% | Mar 2022 0.5% | Jun 2022 4.9% | Sep 2022 3.4% | Dec 2022 5.2% | Mar 2023 1.8% | Jun 2023 12% | Sep 2023 7.5% | Dec 2023 5.0% | Mar 2024 2.6% | Jun 2024 7.0% | Sep 2024 3.7% | Dec 2024 4.0% | Mar 2025 4.7% | Jun 2025 4.8% | Sep 2025 0.5% | Dec 2025 4.4% | Mar 2026 -3.2% | Jun 2026 — - IPAR: Sep 2021 8.4% | Dec 2021 -1.5% | Mar 2022 7.4% | Jun 2022 5.2% | Sep 2022 7.3% | Dec 2022 2.5% | Mar 2023 9.4% | Jun 2023 5.9% | Sep 2023 9.2% | Dec 2023 1.9% | Mar 2024 6.6% | Jun 2024 6.4% | Sep 2024 9.8% | Dec 2024 3.4% | Mar 2025 6.9% | Jun 2025 5.2% | Sep 2025 9.0% | Dec 2025 2.4% | Mar 2026 6.3% | Jun 2026 — - COTY: Sep 2021 0.1% | Dec 2021 2.2% | Mar 2022 0.5% | Jun 2022 -0.7% | Sep 2022 1.7% | Dec 2022 2.0% | Mar 2023 0.4% | Jun 2023 1.3% | Sep 2023 2.1% | Dec 2023 2.4% | Mar 2024 0.8% | Jun 2024 0.4% | Sep 2024 2.4% | Dec 2024 2.8% | Mar 2025 -3.0% | Jun 2025 0.2% | Sep 2025 1.9% | Dec 2025 1.7% | Mar 2026 -4.4% | Jun 2026 — - NWL: Sep 2021 2.5% | Dec 2021 1.5% | Mar 2022 2.0% | Jun 2022 3.2% | Sep 2022 0.4% | Dec 2022 -2.6% | Mar 2023 -0.3% | Jun 2023 1.2% | Sep 2023 -1.6% | Dec 2023 -0.1% | Mar 2024 0.2% | Jun 2024 1.8% | Sep 2024 -1.4% | Dec 2024 0.1% | Mar 2025 0.2% | Jun 2025 2.0% | Sep 2025 1.4% | Dec 2025 -3.2% | Mar 2026 0.4% | Jun 2026 — - SPB: Sep 2021 -0.1% | Dec 2021 — | Mar 2022 0.5% | Jun 2022 0.2% | Sep 2022 0.8% | Dec 2022 — | Mar 2023 -0.4% | Jun 2023 -1.6% | Sep 2023 -2.7% | Dec 2023 0.6% | Mar 2024 1.7% | Jun 2024 1.2% | Sep 2024 0.6% | Dec 2024 1.3% | Mar 2025 0.6% | Jun 2025 1.0% | Sep 2025 1.0% | Dec 2025 0.9% | Mar 2026 1.5% | Jun 2026 — - EPC: Sep 2021 2.1% | Dec 2021 1.0% | Mar 2022 1.3% | Jun 2022 1.6% | Sep 2022 1.9% | Dec 2022 1.0% | Mar 2023 1.8% | Jun 2023 2.7% | Sep 2023 1.6% | Dec 2023 0.8% | Mar 2024 2.2% | Jun 2024 2.6% | Sep 2024 0.6% | Dec 2024 0.3% | Mar 2025 1.5% | Jun 2025 1.7% | Sep 2025 -1.1% | Dec 2025 -0.6% | Mar 2026 0.6% | Jun 2026 — - ODD: Sep 2021 9.5% | Dec 2021 -14% | Mar 2022 — | Jun 2022 — | Sep 2022 3.5% | Dec 2022 -0.1% | Mar 2023 33% | Jun 2023 34% | Sep 2023 3.1% | Dec 2023 3.1% | Mar 2024 16% | Jun 2024 18% | Sep 2024 5.9% | Dec 2024 1.3% | Mar 2025 12% | Jun 2025 8.4% | Sep 2025 2.5% | Dec 2025 0.2% | Mar 2026 -3.9% | Jun 2026 — - HELE: Sep 2021 — | Dec 2021 5.0% | Mar 2022 2.6% | Jun 2022 1.6% | Sep 2022 2.1% | Dec 2022 3.5% | Mar 2023 2.3% | Jun 2023 1.6% | Sep 2023 1.8% | Dec 2023 4.3% | Mar 2024 2.7% | Jun 2024 1.3% | Sep 2024 1.5% | Dec 2024 3.1% | Mar 2025 0.1% | Jun 2025 -18% | Sep 2025 -15% | Dec 2025 -0.4% | Mar 2026 -2.4% | Jun 2026 3.2% - MAGN: Sep 2021 1.3% | Dec 2021 -0.9% | Mar 2022 -9.6% | Jun 2022 0.7% | Sep 2022 -2.8% | Dec 2022 -1.7% | Mar 2023 0.9% | Jun 2023 -0.8% | Sep 2023 0.2% | Dec 2023 -0.9% | Mar 2024 3.3% | Jun 2024 1.3% | Sep 2024 0.2% | Dec 2024 -0.9% | Mar 2025 0.2% | Jun 2025 0.5% | Sep 2025 0.3% | Dec 2025 0.4% | Mar 2026 0.5% | Jun 2026 — - HNST: Sep 2021 -2.2% | Dec 2021 -4.2% | Mar 2022 -7.5% | Jun 2022 -5.1% | Sep 2022 -5.7% | Dec 2022 -6.4% | Mar 2023 -10% | Jun 2023 -7.7% | Sep 2023 -4.8% | Dec 2023 0.7% | Mar 2024 -0.9% | Jun 2024 -2.7% | Sep 2024 0.0% | Dec 2024 -0.6% | Mar 2025 1.5% | Jun 2025 1.7% | Sep 2025 0.2% | Dec 2025 -13% | Mar 2026 -0.4% | Jun 2026 — - NUS: Sep 2021 4.7% | Dec 2021 1.5% | Mar 2022 3.7% | Jun 2022 3.5% | Sep 2022 -1.4% | Dec 2022 1.9% | Mar 2023 1.1% | Jun 2023 2.9% | Sep 2023 -1.9% | Dec 2023 1.1% | Mar 2024 0.6% | Jun 2024 -9.2% | Sep 2024 1.4% | Dec 2024 -4.0% | Mar 2025 -0.8% | Jun 2025 2.5% | Sep 2025 1.8% | Dec 2025 2.0% | Mar 2026 0.4% | Jun 2026 — - ACU: Sep 2021 2.7% | Dec 2021 2.6% | Mar 2022 1.1% | Jun 2022 3.0% | Sep 2022 0.7% | Dec 2022 0.0% | Mar 2023 1.7% | Jun 2023 3.7% | Sep 2023 2.6% | Dec 2023 1.6% | Mar 2024 1.9% | Jun 2024 4.5% | Sep 2024 2.1% | Dec 2024 1.7% | Mar 2025 1.7% | Jun 2025 4.4% | Sep 2025 2.0% | Dec 2025 2.0% | Mar 2026 1.1% | Jun 2026 — ### 20-quarter ROCE change history - PG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +0.3 pp | Dec 2022 −0.1 pp | Mar 2023 +0.4 pp | Jun 2023 +0.7 pp | Sep 2023 +0.9 pp | Dec 2023 −0.5 pp | Mar 2024 +0.2 pp | Jun 2024 −0.4 pp | Sep 2024 −0.4 pp | Dec 2024 +1.2 pp | Mar 2025 −0.1 pp | Jun 2025 +0.4 pp | Sep 2025 −0.1 pp | Dec 2025 −0.6 pp | Mar 2026 −0.1 pp | Jun 2026 — - UL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +1.7 pp | Dec 2022 +1.7 pp | Mar 2023 +0.7 pp | Jun 2023 +0.7 pp | Sep 2023 −2.8 pp | Dec 2023 −2.8 pp | Mar 2024 −0.1 pp | Jun 2024 −0.1 pp | Sep 2024 0.0 pp | Dec 2024 0.0 pp | Mar 2025 +0.1 pp | Jun 2025 +0.1 pp | Sep 2025 +0.3 pp | Dec 2025 +0.3 pp | Mar 2026 — | Jun 2026 — - CL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −0.5 pp | Dec 2022 −1.4 pp | Mar 2023 +0.2 pp | Jun 2023 +0.9 pp | Sep 2023 +0.8 pp | Dec 2023 +7.4 pp | Mar 2024 +1.2 pp | Jun 2024 +1.1 pp | Sep 2024 +0.5 pp | Dec 2024 +0.5 pp | Mar 2025 +1.1 pp | Jun 2025 +0.3 pp | Sep 2025 +0.1 pp | Dec 2025 −8.8 pp | Mar 2026 −0.8 pp | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 +2.1 pp | Mar 2023 0.0 pp | Jun 2023 — | Sep 2023 — | Dec 2023 +1.1 pp | Mar 2024 +0.7 pp | Jun 2024 −3.4 pp | Sep 2024 −3.3 pp | Dec 2024 −0.9 pp | Mar 2025 +0.6 pp | Jun 2025 +2.6 pp | Sep 2025 0.0 pp | Dec 2025 +0.3 pp | Mar 2026 +1.1 pp | Jun 2026 — - KMB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −0.1 pp | Dec 2022 +1.9 pp | Mar 2023 +0.7 pp | Jun 2023 −4.8 pp | Sep 2023 +1.2 pp | Dec 2023 −0.2 pp | Mar 2024 +1.0 pp | Jun 2024 +4.1 pp | Sep 2024 +2.6 pp | Dec 2024 −2.2 pp | Mar 2025 −1.6 pp | Jun 2025 +0.9 pp | Sep 2025 −3.8 pp | Dec 2025 +1.0 pp | Mar 2026 +1.3 pp | Jun 2026 — - EL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −2.1 pp | Dec 2022 −5.8 pp | Mar 2023 −2.9 pp | Jun 2023 −0.5 pp | Sep 2023 −3.7 pp | Dec 2023 +0.1 pp | Mar 2024 +1.4 pp | Jun 2024 −1.4 pp | Sep 2024 −1.3 pp | Dec 2024 −7.3 pp | Mar 2025 −1.4 pp | Jun 2025 −1.2 pp | Sep 2025 +1.8 pp | Dec 2025 +6.5 pp | Mar 2026 −0.2 pp | Jun 2026 — - CHD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −1.1 pp | Dec 2022 −6.0 pp | Mar 2023 −0.2 pp | Jun 2023 +0.1 pp | Sep 2023 −0.4 pp | Dec 2023 +6.0 pp | Mar 2024 −0.2 pp | Jun 2024 +0.3 pp | Sep 2024 −4.8 pp | Dec 2024 +0.5 pp | Mar 2025 −0.3 pp | Jun 2025 −1.1 pp | Sep 2025 +4.6 pp | Dec 2025 +0.1 pp | Mar 2026 −0.1 pp | Jun 2026 — - CLX: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −0.5 pp | Dec 2022 +1.1 pp | Mar 2023 −10.9 pp | Jun 2023 +2.6 pp | Sep 2023 −2.8 pp | Dec 2023 0.0 pp | Mar 2024 +4.7 pp | Jun 2024 +0.9 pp | Sep 2024 +3.0 pp | Dec 2024 +2.3 pp | Mar 2025 +7.2 pp | Jun 2025 +3.2 pp | Sep 2025 −1.1 pp | Dec 2025 +0.7 pp | Mar 2026 +2.1 pp | Jun 2026 — - ELF: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +1.6 pp | Dec 2022 +3.1 pp | Mar 2023 +1.3 pp | Jun 2023 +7.2 pp | Sep 2023 +4.1 pp | Dec 2023 −0.2 pp | Mar 2024 +0.8 pp | Jun 2024 −5.1 pp | Sep 2024 −3.8 pp | Dec 2024 −1.0 pp | Mar 2025 +2.1 pp | Jun 2025 −2.2 pp | Sep 2025 −3.2 pp | Dec 2025 +0.4 pp | Mar 2026 −7.9 pp | Jun 2026 — - IPAR: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −1.1 pp | Dec 2022 +4.0 pp | Mar 2023 +2.0 pp | Jun 2023 +0.7 pp | Sep 2023 +1.9 pp | Dec 2023 −0.6 pp | Mar 2024 −2.8 pp | Jun 2024 +0.5 pp | Sep 2024 +0.6 pp | Dec 2024 +1.5 pp | Mar 2025 +0.3 pp | Jun 2025 −1.2 pp | Sep 2025 −0.8 pp | Dec 2025 −1.0 pp | Mar 2026 −0.6 pp | Jun 2026 — - COTY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +1.6 pp | Dec 2022 −0.2 pp | Mar 2023 −0.1 pp | Jun 2023 +2.0 pp | Sep 2023 +0.4 pp | Dec 2023 +0.4 pp | Mar 2024 +0.4 pp | Jun 2024 −0.9 pp | Sep 2024 +0.3 pp | Dec 2024 +0.4 pp | Mar 2025 −3.8 pp | Jun 2025 −0.2 pp | Sep 2025 −0.5 pp | Dec 2025 −1.1 pp | Mar 2026 −1.4 pp | Jun 2026 — - NWL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −2.1 pp | Dec 2022 −4.1 pp | Mar 2023 −2.3 pp | Jun 2023 −2.0 pp | Sep 2023 −2.0 pp | Dec 2023 +2.5 pp | Mar 2024 +0.5 pp | Jun 2024 +0.6 pp | Sep 2024 +0.2 pp | Dec 2024 +0.2 pp | Mar 2025 0.0 pp | Jun 2025 +0.2 pp | Sep 2025 +2.8 pp | Dec 2025 −3.3 pp | Mar 2026 +0.2 pp | Jun 2026 — - SPB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +0.9 pp | Dec 2022 — | Mar 2023 −0.9 pp | Jun 2023 −1.8 pp | Sep 2023 −3.5 pp | Dec 2023 — | Mar 2024 +2.1 pp | Jun 2024 +2.8 pp | Sep 2024 +3.3 pp | Dec 2024 +0.7 pp | Mar 2025 −1.1 pp | Jun 2025 −0.2 pp | Sep 2025 +0.4 pp | Dec 2025 −0.4 pp | Mar 2026 +0.9 pp | Jun 2026 — - EPC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −0.2 pp | Dec 2022 0.0 pp | Mar 2023 +0.5 pp | Jun 2023 +1.1 pp | Sep 2023 −0.3 pp | Dec 2023 −0.2 pp | Mar 2024 +0.4 pp | Jun 2024 −0.1 pp | Sep 2024 −1.0 pp | Dec 2024 −0.5 pp | Mar 2025 −0.7 pp | Jun 2025 −0.9 pp | Sep 2025 −1.7 pp | Dec 2025 −0.9 pp | Mar 2026 −0.9 pp | Jun 2026 — - ODD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −6.0 pp | Dec 2022 +14.1 pp | Mar 2023 — | Jun 2023 — | Sep 2023 −0.4 pp | Dec 2023 +3.2 pp | Mar 2024 −17.5 pp | Jun 2024 −16.5 pp | Sep 2024 +2.8 pp | Dec 2024 −1.8 pp | Mar 2025 −3.7 pp | Jun 2025 −9.1 pp | Sep 2025 −3.4 pp | Dec 2025 −1.1 pp | Mar 2026 −15.9 pp | Jun 2026 — - HELE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 −1.5 pp | Mar 2023 −0.3 pp | Jun 2023 0.0 pp | Sep 2023 −0.3 pp | Dec 2023 +0.8 pp | Mar 2024 +0.4 pp | Jun 2024 −0.3 pp | Sep 2024 −0.3 pp | Dec 2024 −1.2 pp | Mar 2025 −2.6 pp | Jun 2025 −19.2 pp | Sep 2025 −16.4 pp | Dec 2025 −3.5 pp | Mar 2026 −2.5 pp | Jun 2026 +21.1 pp - MAGN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −4.1 pp | Dec 2022 −0.8 pp | Mar 2023 +10.5 pp | Jun 2023 −1.5 pp | Sep 2023 +3.0 pp | Dec 2023 +0.8 pp | Mar 2024 +2.4 pp | Jun 2024 +2.1 pp | Sep 2024 0.0 pp | Dec 2024 0.0 pp | Mar 2025 −3.1 pp | Jun 2025 −0.8 pp | Sep 2025 +0.1 pp | Dec 2025 +1.3 pp | Mar 2026 +0.3 pp | Jun 2026 — - HNST: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −3.5 pp | Dec 2022 −2.2 pp | Mar 2023 −2.7 pp | Jun 2023 −2.6 pp | Sep 2023 +0.9 pp | Dec 2023 +7.1 pp | Mar 2024 +9.3 pp | Jun 2024 +5.0 pp | Sep 2024 +4.8 pp | Dec 2024 −1.3 pp | Mar 2025 +2.4 pp | Jun 2025 +4.4 pp | Sep 2025 +0.2 pp | Dec 2025 −12.7 pp | Mar 2026 −1.9 pp | Jun 2026 — - NUS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −6.1 pp | Dec 2022 +0.4 pp | Mar 2023 −2.6 pp | Jun 2023 −0.6 pp | Sep 2023 −0.5 pp | Dec 2023 −0.8 pp | Mar 2024 −0.5 pp | Jun 2024 −12.1 pp | Sep 2024 +3.3 pp | Dec 2024 −5.1 pp | Mar 2025 −1.4 pp | Jun 2025 +11.7 pp | Sep 2025 +0.4 pp | Dec 2025 +6.0 pp | Mar 2026 +1.2 pp | Jun 2026 — - ACU: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −2.0 pp | Dec 2022 −2.6 pp | Mar 2023 +0.6 pp | Jun 2023 +0.7 pp | Sep 2023 +1.9 pp | Dec 2023 +1.6 pp | Mar 2024 +0.2 pp | Jun 2024 +0.8 pp | Sep 2024 −0.5 pp | Dec 2024 +0.1 pp | Mar 2025 −0.2 pp | Jun 2025 −0.1 pp | Sep 2025 −0.1 pp | Dec 2025 +0.3 pp | Mar 2026 −0.6 pp | Jun 2026 — ## Valuation Against Growth & Quality What the numbers say: Kenvue Inc. has the lowest comparable Guarded PEG at 0.38×, 9.5% below Helen of Troy Limited. Only 12 of 20 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree. Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy. This conclusion weakens if: The next two comparable reports reverse the current p/e signal. Evidence: Kenvue Inc. · 0.38× | 9.5% versus #2 · Helen of Troy Limited | 0/8 recent comparable periods | 12/20 companies · 50 observations Definition: PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction. ### Guarded PEG — lowest PEG 1. Kenvue Inc. (KVUE): 0.4 2. Helen of Troy Limited (HELE): 0.4 3. Church & Dwight Co., Inc. (CHD): 1.0 4. The Clorox Company (CLX): 1.6 5. Interparfums, Inc. (IPAR): 2.0 ### P/E — lowest P/E 1. Nu Skin Enterprises, Inc. (NUS): 6.6 2. Helen of Troy Limited (HELE): 10.2 3. Magnera Corporation (MAGN): 12.2 4. Unilever PLC (UL): 12.9 — older report 5. Spectrum Brands Holdings, Inc. (SPB): 14.0 ### 20-quarter Guarded PEG history - PG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 3.5 | Dec 2023 — | Mar 2024 4.0 | Jun 2024 — | Sep 2024 — | Dec 2024 5.1 | Mar 2025 — | Jun 2025 3.0 | Sep 2025 1.2 | Dec 2025 2.8 | Mar 2026 2.5 | Jun 2026 — - CL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 0.9 | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 1.0 | Mar 2025 2.2 | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 1.8 | Sep 2025 1.0 | Dec 2025 0.5 | Mar 2026 0.4 | Jun 2026 — - KMB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 1.8 | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 0.5 | Sep 2024 0.4 | Dec 2024 0.4 | Mar 2025 0.6 | Jun 2025 2.4 | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 — - CHD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 0.7 | Dec 2025 1.0 | Mar 2026 1.0 | Jun 2026 — - CLX: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 1.6 | Jun 2026 — - ELF: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 5.4 | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 — - IPAR: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 0.7 | Jun 2023 0.6 | Sep 2023 0.5 | Dec 2023 1.2 | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 3.6 | Mar 2025 1.2 | Jun 2025 1.9 | Sep 2025 2.0 | Dec 2025 — | Mar 2026 — | Jun 2026 — - COTY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 1.1 | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 3.5 | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 — - SPB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 2.2 | Mar 2026 — | Jun 2026 — - EPC: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 1.4 | Sep 2023 0.8 | Dec 2023 1.9 | Mar 2024 0.5 | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 — - ODD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 0.5 | Sep 2024 — | Dec 2024 — | Mar 2025 0.5 | Jun 2025 1.5 | Sep 2025 3.5 | Dec 2025 2.3 | Mar 2026 — | Jun 2026 — - HELE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 0.5 | Sep 2023 — | Dec 2023 — | Mar 2024 0.5 | Jun 2024 — | Sep 2024 0.2 | Dec 2024 0.4 | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 — - ACU: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 2.8 | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 — ### 20-quarter P/E history - PG: Sep 2021 25.6 | Dec 2021 28.9 | Mar 2022 26.7 | Jun 2022 24.8 | Sep 2022 21.9 | Dec 2022 26.6 | Mar 2023 25.9 | Jun 2023 25.7 | Sep 2023 23.7 | Dec 2023 24.6 | Mar 2024 26.5 | Jun 2024 27.4 | Sep 2024 29.9 | Dec 2024 26.7 | Mar 2025 27.1 | Jun 2025 24.5 | Sep 2025 22.4 | Dec 2025 21.2 | Mar 2026 21.1 | Jun 2026 — - UL: Sep 2021 21.4 | Dec 2021 20.4 | Mar 2022 18.0 | Jun 2022 19.4 | Sep 2022 17.1 | Dec 2022 15.7 | Mar 2023 15.3 | Jun 2023 14.7 | Sep 2023 16.0 | Dec 2023 17.1 | Mar 2024 17.9 | Jun 2024 19.5 | Sep 2024 23.7 | Dec 2024 23.8 | Mar 2025 24.3 | Jun 2025 23.2 | Sep 2025 16.6 | Dec 2025 12.9 | Mar 2026 — | Jun 2026 — - CL: Sep 2021 24.2 | Dec 2021 33.5 | Mar 2022 31.3 | Jun 2022 34.7 | Sep 2022 30.5 | Dec 2022 37.0 | Mar 2023 39.1 | Jun 2023 42.8 | Sep 2023 37.0 | Dec 2023 28.8 | Mar 2024 28.5 | Jun 2024 28.1 | Sep 2024 29.8 | Dec 2024 25.9 | Mar 2025 26.5 | Jun 2025 25.5 | Sep 2025 22.4 | Dec 2025 30.1 | Mar 2026 33.2 | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 25.2 | Dec 2023 21.4 | Mar 2024 27.5 | Jun 2024 31.3 | Sep 2024 42.3 | Dec 2024 39.9 | Mar 2025 43.1 | Jun 2025 28.2 | Sep 2025 21.9 | Dec 2025 22.6 | Mar 2026 20.6 | Jun 2026 — - KMB: Sep 2021 22.5 | Dec 2021 26.7 | Mar 2022 23.7 | Jun 2022 25.6 | Sep 2022 21.3 | Dec 2022 23.7 | Mar 2023 23.0 | Jun 2023 28.5 | Sep 2023 23.2 | Dec 2023 23.3 | Mar 2024 23.8 | Jun 2024 20.5 | Sep 2024 18.5 | Dec 2024 17.4 | Mar 2025 19.4 | Jun 2025 17.8 | Sep 2025 21.0 | Dec 2025 16.6 | Mar 2026 15.1 | Jun 2026 — - EL: Sep 2021 36.4 | Dec 2021 41.8 | Mar 2022 29.8 | Jun 2022 38.9 | Sep 2022 36.0 | Dec 2022 60.4 | Mar 2023 81.9 | Jun 2023 70.4 | Sep 2023 95.1 | Dec 2023 112.5 | Mar 2024 86.6 | Jun 2024 98.5 | Sep 2024 178.0 | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 — - CHD: Sep 2021 25.3 | Dec 2021 30.9 | Mar 2022 30.3 | Jun 2022 29.2 | Sep 2022 23.7 | Dec 2022 48.0 | Mar 2023 52.9 | Jun 2023 55.7 | Sep 2023 52.4 | Dec 2023 31.0 | Mar 2024 33.1 | Jun 2024 31.9 | Sep 2024 47.0 | Dec 2024 44.2 | Mar 2025 47.3 | Jun 2025 45.3 | Sep 2025 27.6 | Dec 2025 27.8 | Mar 2026 30.7 | Jun 2026 — - CLX: Sep 2021 47.9 | Dec 2021 87.6 | Mar 2022 37.7 | Jun 2022 37.8 | Sep 2022 39.4 | Dec 2022 40.1 | Mar 2023 272.8 | Jun 2023 132.5 | Sep 2023 192.7 | Dec 2023 226.3 | Mar 2024 79.3 | Jun 2024 60.7 | Sep 2024 56.8 | Dec 2024 44.4 | Mar 2025 26.4 | Jun 2025 18.4 | Sep 2025 19.4 | Dec 2025 16.5 | Mar 2026 16.8 | Jun 2026 — - ELF: Sep 2021 85.4 | Dec 2021 87.4 | Mar 2022 63.0 | Jun 2022 57.9 | Sep 2022 59.7 | Dec 2022 65.1 | Mar 2023 74.2 | Jun 2023 64.5 | Sep 2023 51.3 | Dec 2023 63.9 | Mar 2024 88.7 | Jun 2024 100.3 | Sep 2024 58.9 | Dec 2024 74.3 | Mar 2025 32.7 | Jun 2025 73.2 | Sep 2025 93.3 | Dec 2025 43.0 | Mar 2026 137.8 | Jun 2026 — - IPAR: Sep 2021 23.0 | Dec 2021 38.9 | Mar 2022 29.6 | Jun 2022 23.3 | Sep 2022 23.4 | Dec 2022 25.5 | Mar 2023 32.6 | Jun 2023 29.5 | Sep 2023 27.1 | Dec 2023 30.3 | Mar 2024 32.4 | Jun 2024 26.4 | Sep 2024 27.8 | Dec 2024 25.7 | Mar 2025 22.2 | Jun 2025 26.3 | Sep 2025 19.3 | Dec 2025 16.2 | Mar 2026 17.2 | Jun 2026 — - COTY: Sep 2021 — | Dec 2021 210.0 | Mar 2022 69.2 | Jun 2022 100.1 | Sep 2022 63.2 | Dec 2022 61.1 | Mar 2023 60.3 | Jun 2023 21.6 | Sep 2023 26.1 | Dec 2023 35.4 | Mar 2024 52.0 | Jun 2024 111.3 | Sep 2024 52.9 | Dec 2024 20,311.0 | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 — - NWL: Sep 2021 12.4 | Dec 2021 15.1 | Mar 2022 12.1 | Jun 2022 10.9 | Sep 2022 10.7 | Dec 2022 27.8 | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 — - SPB: Sep 2021 21.8 | Dec 2021 — | Mar 2022 34.6 | Jun 2022 36.2 | Sep 2022 32.7 | Dec 2022 — | Mar 2023 108.8 | Jun 2023 — | Sep 2023 1.8 | Dec 2023 1.7 | Mar 2024 1.8 | Jun 2024 18.8 | Sep 2024 29.2 | Dec 2024 20.7 | Mar 2025 34.0 | Jun 2025 19.7 | Sep 2025 13.6 | Dec 2025 13.9 | Mar 2026 14.1 | Jun 2026 — - EPC: Sep 2021 17.0 | Dec 2021 22.9 | Mar 2022 16.9 | Jun 2022 17.3 | Sep 2022 20.2 | Dec 2022 20.5 | Mar 2023 23.3 | Jun 2023 18.2 | Sep 2023 16.7 | Dec 2023 17.8 | Mar 2024 16.0 | Jun 2024 17.0 | Sep 2024 18.5 | Dec 2024 18.4 | Mar 2025 18.3 | Jun 2025 17.3 | Sep 2025 38.4 | Dec 2025 — | Mar 2026 — | Jun 2026 — - ODD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 30.8 | Dec 2023 46.5 | Mar 2024 36.5 | Jun 2024 28.0 | Sep 2024 24.8 | Dec 2024 25.6 | Mar 2025 24.9 | Jun 2025 41.9 | Sep 2025 34.8 | Dec 2025 22.3 | Mar 2026 16.9 | Jun 2026 — - HELE: Sep 2021 — | Dec 2021 28.2 | Mar 2022 21.9 | Jun 2022 23.2 | Sep 2022 17.4 | Dec 2022 16.1 | Mar 2023 18.9 | Jun 2023 16.4 | Sep 2023 21.1 | Dec 2023 15.5 | Mar 2024 17.8 | Jun 2024 16.7 | Sep 2024 8.8 | Dec 2024 14.7 | Mar 2025 10.3 | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 — - MAGN: Sep 2021 23.1 | Dec 2021 114.7 | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 21.9 | Dec 2023 — | Mar 2024 — | Jun 2024 12.2 | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 — - HNST: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 101.8 | Sep 2025 61.3 | Dec 2025 — | Mar 2026 — | Jun 2026 — - NUS: Sep 2021 9.1 | Dec 2021 17.7 | Mar 2022 17.7 | Jun 2022 19.5 | Sep 2022 45.1 | Dec 2022 20.4 | Mar 2023 25.5 | Jun 2023 23.6 | Sep 2023 18.0 | Dec 2023 114.2 | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 4.0 | Sep 2025 5.6 | Dec 2025 3.0 | Mar 2026 6.6 | Jun 2026 — - ACU: Sep 2021 9.7 | Dec 2021 9.8 | Mar 2022 10.8 | Jun 2022 15.6 | Sep 2022 14.9 | Dec 2022 26.7 | Mar 2023 27.4 | Jun 2023 22.9 | Sep 2023 18.1 | Dec 2023 8.8 | Mar 2024 9.8 | Jun 2024 7.1 | Sep 2024 8.5 | Dec 2024 15.2 | Mar 2025 16.2 | Jun 2025 16.5 | Sep 2025 16.9 | Dec 2025 16.2 | Mar 2026 19.4 | Jun 2026 — ## Enterprise Value & Book Value What the numbers say: Nu Skin Enterprises, Inc. leads ev/ebitda at 3.31×; Magnera Corporation leads p/bv at 0.31×. Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy. This conclusion weakens if: The next two comparable reports reverse the current p/bv signal. Evidence: Nu Skin Enterprises, Inc. · 3.31× | 57.9% versus #2 · Magnera Corporation | 0/8 recent comparable periods | 20/20 companies · 328 observations Definition: EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts. ### EV/EBITDA — lowest EV/EBITDA 1. Nu Skin Enterprises, Inc. (NUS): 3.3 2. Magnera Corporation (MAGN): 7.9 3. Acme United Corporation (ACU): 10.4 4. Interparfums, Inc. (IPAR): 10.5 5. Spectrum Brands Holdings, Inc. (SPB): 11.2 ### P/BV — lowest P/BV 1. Magnera Corporation (MAGN): 0.3 2. Nu Skin Enterprises, Inc. (NUS): 0.5 3. Coty Inc. (COTY): 0.6 4. Newell Brands Inc. (NWL): 0.6 5. Edgewell Personal Care Company (EPC): 0.7 ### 20-quarter EV/EBITDA history - PG: Sep 2021 17.7 | Dec 2021 20.6 | Mar 2022 19.1 | Jun 2022 17.9 | Sep 2022 15.9 | Dec 2022 19.3 | Mar 2023 18.8 | Jun 2023 18.5 | Sep 2023 17.1 | Dec 2023 17.4 | Mar 2024 18.9 | Jun 2024 19.3 | Sep 2024 20.2 | Dec 2024 18.4 | Mar 2025 18.6 | Jun 2025 17.2 | Sep 2025 16.5 | Dec 2025 15.7 | Mar 2026 15.6 | Jun 2026 — - UL: Sep 2021 14.6 | Dec 2021 14.3 | Mar 2022 12.9 | Jun 2022 13.4 | Sep 2022 12.1 | Dec 2022 11.8 | Mar 2023 11.2 | Jun 2023 10.8 | Sep 2023 11.9 | Dec 2023 13.5 | Mar 2024 13.7 | Jun 2024 14.9 | Sep 2024 16.4 | Dec 2024 16.2 | Mar 2025 15.8 | Jun 2025 14.7 | Sep 2025 14.2 | Dec 2025 14.1 | Mar 2026 — | Jun 2026 — - CL: Sep 2021 15.8 | Dec 2021 20.2 | Mar 2022 18.9 | Jun 2022 20.5 | Sep 2022 18.4 | Dec 2022 21.4 | Mar 2023 20.4 | Jun 2023 20.2 | Sep 2023 18.2 | Dec 2023 16.1 | Mar 2024 17.4 | Jun 2024 18.0 | Sep 2024 18.9 | Dec 2024 16.6 | Mar 2025 17.0 | Jun 2025 16.7 | Sep 2025 14.7 | Dec 2025 17.9 | Mar 2026 19.6 | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 17.8 | Dec 2023 14.2 | Mar 2024 15.9 | Jun 2024 17.0 | Sep 2024 21.2 | Dec 2024 19.8 | Mar 2025 21.6 | Jun 2025 15.9 | Sep 2025 13.4 | Dec 2025 13.6 | Mar 2026 12.9 | Jun 2026 — - KMB: Sep 2021 15.1 | Dec 2021 17.0 | Mar 2022 15.5 | Jun 2022 16.7 | Sep 2022 14.3 | Dec 2022 15.8 | Mar 2023 15.2 | Jun 2023 18.1 | Sep 2023 15.5 | Dec 2023 17.9 | Mar 2024 16.1 | Jun 2024 14.9 | Sep 2024 14.1 | Dec 2024 14.4 | Mar 2025 15.8 | Jun 2025 14.1 | Sep 2025 15.5 | Dec 2025 12.7 | Mar 2026 11.9 | Jun 2026 — - EL: Sep 2021 32.1 | Dec 2021 35.2 | Mar 2022 25.3 | Jun 2022 24.5 | Sep 2022 22.8 | Dec 2022 33.8 | Mar 2023 40.0 | Jun 2023 34.3 | Sep 2023 34.8 | Dec 2023 33.9 | Mar 2024 31.0 | Jun 2024 24.8 | Sep 2024 27.5 | Dec 2024 78.7 | Mar 2025 151.0 | Jun 2025 809.4 | Sep 2025 119.5 | Dec 2025 34.1 | Mar 2026 26.0 | Jun 2026 — - CHD: Sep 2021 16.7 | Dec 2021 20.9 | Mar 2022 20.7 | Jun 2022 20.0 | Sep 2022 16.4 | Dec 2022 27.0 | Mar 2023 28.7 | Jun 2023 30.9 | Sep 2023 28.1 | Dec 2023 19.5 | Mar 2024 21.1 | Jun 2024 20.1 | Sep 2024 27.1 | Dec 2024 25.8 | Mar 2025 27.2 | Jun 2025 25.7 | Sep 2025 17.5 | Dec 2025 16.3 | Mar 2026 18.0 | Jun 2026 — - CLX: Sep 2021 19.3 | Dec 2021 24.8 | Mar 2022 21.9 | Jun 2022 21.0 | Sep 2022 20.4 | Dec 2022 21.2 | Mar 2023 22.9 | Jun 2023 34.8 | Sep 2023 19.4 | Dec 2023 17.8 | Mar 2024 19.5 | Jun 2024 26.5 | Sep 2024 22.4 | Dec 2024 24.7 | Mar 2025 17.6 | Jun 2025 13.6 | Sep 2025 14.5 | Dec 2025 12.2 | Mar 2026 12.2 | Jun 2026 — - ELF: Sep 2021 32.7 | Dec 2021 34.6 | Mar 2022 25.0 | Jun 2022 24.7 | Sep 2022 27.7 | Dec 2022 34.3 | Mar 2023 51.0 | Jun 2023 47.5 | Sep 2023 38.0 | Dec 2023 48.1 | Mar 2024 61.5 | Jun 2024 68.1 | Sep 2024 37.6 | Dec 2024 42.7 | Mar 2025 18.1 | Jun 2025 35.2 | Sep 2025 44.7 | Dec 2025 22.2 | Mar 2026 27.5 | Jun 2026 — - IPAR: Sep 2021 12.2 | Dec 2021 21.4 | Mar 2022 16.5 | Jun 2022 13.9 | Sep 2022 14.5 | Dec 2022 14.8 | Mar 2023 19.2 | Jun 2023 17.6 | Sep 2023 16.1 | Dec 2023 17.9 | Mar 2024 19.3 | Jun 2024 15.4 | Sep 2024 15.7 | Dec 2024 14.4 | Mar 2025 12.5 | Jun 2025 14.8 | Sep 2025 11.1 | Dec 2025 9.7 | Mar 2026 10.5 | Jun 2026 — - COTY: Sep 2021 20.9 | Dec 2021 16.9 | Mar 2022 14.6 | Jun 2022 15.4 | Sep 2022 11.6 | Dec 2022 14.6 | Mar 2023 19.2 | Jun 2023 15.7 | Sep 2023 14.4 | Dec 2023 14.6 | Mar 2024 29.3 | Jun 2024 12.4 | Sep 2024 25.2 | Dec 2024 19.9 | Mar 2025 64.9 | Jun 2025 22.2 | Sep 2025 61.4 | Dec 2025 38.5 | Mar 2026 61.6 | Jun 2026 — - NWL: Sep 2021 10.6 | Dec 2021 10.6 | Mar 2022 10.9 | Jun 2022 10.2 | Sep 2022 10.9 | Dec 2022 18.1 | Mar 2023 30.6 | Jun 2023 57.4 | Sep 2023 — | Dec 2023 34.6 | Mar 2024 27.4 | Jun 2024 22.2 | Sep 2024 20.9 | Dec 2024 23.0 | Mar 2025 20.0 | Jun 2025 19.2 | Sep 2025 11.4 | Dec 2025 18.5 | Mar 2026 18.2 | Jun 2026 — - SPB: Sep 2021 23.5 | Dec 2021 — | Mar 2022 91.5 | Jun 2022 — | Sep 2022 59.2 | Dec 2022 — | Mar 2023 53.7 | Jun 2023 111.1 | Sep 2023 — | Dec 2023 — | Mar 2024 32.1 | Jun 2024 10.4 | Sep 2024 11.0 | Dec 2024 9.5 | Mar 2025 10.3 | Jun 2025 8.9 | Sep 2025 8.0 | Dec 2025 9.5 | Mar 2026 11.2 | Jun 2026 — - EPC: Sep 2021 8.4 | Dec 2021 11.7 | Mar 2022 10.8 | Jun 2022 10.8 | Sep 2022 11.6 | Dec 2022 12.1 | Mar 2023 12.0 | Jun 2023 10.0 | Sep 2023 9.5 | Dec 2023 9.9 | Mar 2024 9.5 | Jun 2024 9.7 | Sep 2024 10.0 | Dec 2024 10.8 | Mar 2025 11.2 | Jun 2025 10.4 | Sep 2025 11.5 | Dec 2025 15.7 | Mar 2026 19.1 | Jun 2026 — - ODD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 19.4 | Dec 2023 30.7 | Mar 2024 23.9 | Jun 2024 18.2 | Sep 2024 17.0 | Dec 2024 18.1 | Mar 2025 17.4 | Jun 2025 30.9 | Sep 2025 26.1 | Dec 2025 19.4 | Mar 2026 17.2 | Jun 2026 — - HELE: Sep 2021 — | Dec 2021 22.1 | Mar 2022 18.5 | Jun 2022 19.8 | Sep 2022 15.8 | Dec 2022 13.7 | Mar 2023 14.2 | Jun 2023 12.0 | Sep 2023 14.2 | Dec 2023 10.9 | Mar 2024 11.7 | Jun 2024 10.5 | Sep 2024 6.6 | Dec 2024 9.2 | Mar 2025 11.1 | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 12.2 - MAGN: Sep 2021 8.9 | Dec 2021 15.7 | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 6.5 | Jun 2023 443.5 | Sep 2023 3.8 | Dec 2023 13.6 | Mar 2024 801.2 | Jun 2024 31.4 | Sep 2024 — | Dec 2024 13.8 | Mar 2025 12.0 | Jun 2025 10.5 | Sep 2025 9.9 | Dec 2025 9.3 | Mar 2026 7.9 | Jun 2026 — - HNST: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 1,373.8 | Jun 2025 69.2 | Sep 2025 45.9 | Dec 2025 — | Mar 2026 — | Jun 2026 — - NUS: Sep 2021 5.8 | Dec 2021 8.5 | Mar 2022 8.6 | Jun 2022 8.8 | Sep 2022 10.5 | Dec 2022 12.5 | Mar 2023 15.1 | Jun 2023 14.6 | Sep 2023 10.5 | Dec 2023 10.7 | Mar 2024 9.0 | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 9.4 | Sep 2025 14.1 | Dec 2025 4.3 | Mar 2026 3.3 | Jun 2026 — - ACU: Sep 2021 9.6 | Dec 2021 9.6 | Mar 2022 11.0 | Jun 2022 11.2 | Sep 2022 10.8 | Dec 2022 12.5 | Mar 2023 11.2 | Jun 2023 10.4 | Sep 2023 9.2 | Dec 2023 9.7 | Mar 2024 11.1 | Jun 2024 8.3 | Sep 2024 9.5 | Dec 2024 8.2 | Mar 2025 9.0 | Jun 2025 9.3 | Sep 2025 9.2 | Dec 2025 8.5 | Mar 2026 10.4 | Jun 2026 — ### 20-quarter P/BV history - PG: Sep 2021 7.3 | Dec 2021 8.8 | Mar 2022 8.1 | Jun 2022 7.4 | Sep 2022 6.8 | Dec 2022 8.0 | Mar 2023 7.8 | Jun 2023 7.7 | Sep 2023 7.2 | Dec 2023 7.1 | Mar 2024 7.7 | Jun 2024 7.7 | Sep 2024 7.9 | Dec 2024 7.7 | Mar 2025 7.6 | Jun 2025 7.2 | Sep 2025 6.8 | Dec 2025 6.3 | Mar 2026 6.2 | Jun 2026 — - UL: Sep 2021 7.1 | Dec 2021 7.1 | Mar 2022 5.2 | Jun 2022 5.5 | Sep 2022 6.0 | Dec 2022 6.5 | Mar 2023 6.3 | Jun 2023 6.2 | Sep 2023 6.5 | Dec 2023 6.1 | Mar 2024 5.7 | Jun 2024 6.3 | Sep 2024 7.3 | Dec 2024 6.9 | Mar 2025 7.8 | Jun 2025 7.2 | Sep 2025 8.0 | Dec 2025 7.8 | Mar 2026 — | Jun 2026 — - CL: Sep 2021 107.8 | Dec 2021 117.8 | Mar 2022 198.0 | Jun 2022 397.9 | Sep 2022 94.3 | Dec 2022 162.1 | Mar 2023 -10,390.3 | Jun 2023 -995.1 | Sep 2023 -6,505.6 | Dec 2023 107.5 | Mar 2024 321.2 | Jun 2024 644.6 | Sep 2024 195.0 | Dec 2024 348.5 | Mar 2025 209.2 | Jun 2025 104.7 | Sep 2025 75.3 | Dec 2025 1,172.5 | Mar 2026 471.1 | Jun 2026 — - KVUE: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 4.6 | Dec 2023 3.5 | Mar 2024 3.9 | Jun 2024 3.4 | Sep 2024 4.2 | Dec 2024 4.3 | Mar 2025 4.5 | Jun 2025 3.7 | Sep 2025 3.0 | Dec 2025 3.1 | Mar 2026 3.2 | Jun 2026 — - KMB: Sep 2021 94.1 | Dec 2021 93.7 | Mar 2022 58.9 | Jun 2022 77.0 | Sep 2022 86.9 | Dec 2022 83.8 | Mar 2023 63.0 | Jun 2023 93.4 | Sep 2023 60.1 | Dec 2023 44.8 | Mar 2024 41.7 | Jun 2024 41.0 | Sep 2024 36.9 | Dec 2024 52.0 | Mar 2025 42.9 | Jun 2025 33.7 | Sep 2025 31.0 | Dec 2025 22.3 | Mar 2026 17.8 | Jun 2026 — - EL: Sep 2021 17.7 | Dec 2021 21.3 | Mar 2022 15.8 | Jun 2022 16.3 | Sep 2022 14.0 | Dec 2022 15.0 | Mar 2023 15.0 | Jun 2023 12.6 | Sep 2023 9.7 | Dec 2023 9.2 | Mar 2024 9.6 | Jun 2024 7.2 | Sep 2024 7.0 | Dec 2024 6.5 | Mar 2025 5.5 | Jun 2025 7.5 | Sep 2025 8.2 | Dec 2025 9.4 | Mar 2026 6.5 | Jun 2026 — - CHD: Sep 2021 5.8 | Dec 2021 7.7 | Mar 2022 7.1 | Jun 2022 6.3 | Sep 2022 4.7 | Dec 2022 5.6 | Mar 2023 5.9 | Jun 2023 6.3 | Sep 2023 5.6 | Dec 2023 6.0 | Mar 2024 6.2 | Jun 2024 5.9 | Sep 2024 6.1 | Dec 2024 5.9 | Mar 2025 6.0 | Jun 2025 5.3 | Sep 2025 5.0 | Dec 2025 5.0 | Mar 2026 5.3 | Jun 2026 — - CLX: Sep 2021 55.3 | Dec 2021 68.5 | Mar 2022 42.8 | Jun 2022 31.2 | Sep 2022 48.6 | Dec 2022 54.0 | Mar 2023 6,520.1 | Jun 2023 89.5 | Sep 2023 -439.2 | Dec 2023 333.8 | Mar 2024 209.0 | Jun 2024 51.7 | Sep 2024 335.8 | Dec 2024 -487.8 | Mar 2025 672.2 | Jun 2025 45.9 | Sep 2025 -682.5 | Dec 2025 -97.5 | Mar 2026 -187.0 | Jun 2026 — - ELF: Sep 2021 5.1 | Dec 2021 5.7 | Mar 2022 4.3 | Jun 2022 4.8 | Sep 2022 5.6 | Dec 2022 7.6 | Mar 2023 10.7 | Jun 2023 13.2 | Sep 2023 11.6 | Dec 2023 13.0 | Mar 2024 16.9 | Jun 2024 16.9 | Sep 2024 8.4 | Dec 2024 9.2 | Mar 2025 4.6 | Jun 2025 8.8 | Sep 2025 6.9 | Dec 2025 3.9 | Mar 2026 3.2 | Jun 2026 — - IPAR: Sep 2021 4.1 | Dec 2021 6.0 | Mar 2022 4.8 | Jun 2022 4.1 | Sep 2022 4.2 | Dec 2022 5.0 | Mar 2023 6.9 | Jun 2023 6.5 | Sep 2023 6.2 | Dec 2023 6.6 | Mar 2024 6.4 | Jun 2024 5.2 | Sep 2024 5.3 | Dec 2024 5.7 | Mar 2025 4.6 | Jun 2025 5.0 | Sep 2025 3.6 | Dec 2025 3.1 | Mar 2026 3.3 | Jun 2026 — - COTY: Sep 2021 2.0 | Dec 2021 2.5 | Mar 2022 2.1 | Jun 2022 2.1 | Sep 2022 1.8 | Dec 2022 2.1 | Mar 2023 2.8 | Jun 2023 2.8 | Sep 2023 2.6 | Dec 2023 2.5 | Mar 2024 2.6 | Jun 2024 2.3 | Sep 2024 2.0 | Dec 2024 1.6 | Mar 2025 1.4 | Jun 2025 1.1 | Sep 2025 1.0 | Dec 2025 0.8 | Mar 2026 0.6 | Jun 2026 — - NWL: Sep 2021 2.3 | Dec 2021 2.2 | Mar 2022 2.2 | Jun 2022 2.0 | Sep 2022 1.5 | Dec 2022 1.5 | Mar 2023 1.6 | Jun 2023 1.1 | Sep 2023 1.2 | Dec 2023 1.2 | Mar 2024 1.1 | Jun 2024 0.9 | Sep 2024 1.1 | Dec 2024 1.5 | Mar 2025 1.0 | Jun 2025 0.8 | Sep 2025 0.8 | Dec 2025 0.7 | Mar 2026 0.6 | Jun 2026 — - SPB: Sep 2021 2.7 | Dec 2021 — | Mar 2022 3.1 | Jun 2022 2.8 | Sep 2022 2.6 | Dec 2022 — | Mar 2023 2.0 | Jun 2023 2.3 | Sep 2023 1.1 | Dec 2023 1.1 | Mar 2024 1.2 | Jun 2024 1.2 | Sep 2024 1.3 | Dec 2024 1.1 | Mar 2025 1.0 | Jun 2025 0.7 | Sep 2025 0.7 | Dec 2025 0.7 | Mar 2026 0.9 | Jun 2026 — - EPC: Sep 2021 1.3 | Dec 2021 1.6 | Mar 2022 1.3 | Jun 2022 1.2 | Sep 2022 1.3 | Dec 2022 1.3 | Mar 2023 1.4 | Jun 2023 1.4 | Sep 2023 1.2 | Dec 2023 1.2 | Mar 2024 1.2 | Jun 2024 1.3 | Sep 2024 1.1 | Dec 2024 1.1 | Mar 2025 1.0 | Jun 2025 0.7 | Sep 2025 0.6 | Dec 2025 0.5 | Mar 2026 0.7 | Jun 2026 — - ODD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 5.9 | Dec 2023 9.4 | Mar 2024 7.5 | Jun 2024 6.0 | Sep 2024 6.4 | Dec 2024 8.3 | Mar 2025 7.3 | Jun 2025 12.0 | Sep 2025 9.1 | Dec 2025 5.8 | Mar 2026 2.6 | Jun 2026 — - HELE: Sep 2021 — | Dec 2021 4.3 | Mar 2022 3.7 | Jun 2022 3.3 | Sep 2022 2.1 | Dec 2022 1.6 | Mar 2023 1.8 | Jun 2023 1.5 | Sep 2023 1.9 | Dec 2023 1.6 | Mar 2024 1.8 | Jun 2024 1.6 | Sep 2024 0.8 | Dec 2024 1.0 | Mar 2025 0.8 | Jun 2025 0.5 | Sep 2025 0.6 | Dec 2025 0.5 | Mar 2026 0.5 | Jun 2026 0.8 - MAGN: Sep 2021 1.1 | Dec 2021 1.4 | Mar 2022 1.3 | Jun 2022 0.8 | Sep 2022 0.4 | Dec 2022 0.4 | Mar 2023 — | Jun 2023 0.5 | Sep 2023 0.4 | Dec 2023 0.3 | Mar 2024 0.4 | Jun 2024 0.3 | Sep 2024 0.0 | Dec 2024 0.1 | Mar 2025 0.6 | Jun 2025 0.4 | Sep 2025 0.4 | Dec 2025 0.5 | Mar 2026 0.3 | Jun 2026 — - HNST: Sep 2021 5.2 | Dec 2021 4.1 | Mar 2022 2.8 | Jun 2022 1.7 | Sep 2022 2.1 | Dec 2022 1.9 | Mar 2023 1.3 | Jun 2023 1.3 | Sep 2023 1.0 | Dec 2023 2.6 | Mar 2024 3.2 | Jun 2024 2.3 | Sep 2024 2.7 | Dec 2024 4.3 | Mar 2025 2.9 | Jun 2025 3.0 | Sep 2025 2.2 | Dec 2025 1.7 | Mar 2026 2.0 | Jun 2026 — - NUS: Sep 2021 2.2 | Dec 2021 2.8 | Mar 2022 2.6 | Jun 2022 2.3 | Sep 2022 2.0 | Dec 2022 2.3 | Mar 2023 2.2 | Jun 2023 1.9 | Sep 2023 1.3 | Dec 2023 1.2 | Mar 2024 0.9 | Jun 2024 0.8 | Sep 2024 0.5 | Dec 2024 0.5 | Mar 2025 0.5 | Jun 2025 0.5 | Sep 2025 0.8 | Dec 2025 0.6 | Mar 2026 0.5 | Jun 2026 — - ACU: Sep 2021 1.5 | Dec 2021 1.5 | Mar 2022 1.5 | Jun 2022 1.4 | Sep 2022 1.0 | Dec 2022 1.0 | Mar 2023 1.0 | Jun 2023 1.1 | Sep 2023 1.3 | Dec 2023 1.6 | Mar 2024 1.7 | Jun 2024 1.3 | Sep 2024 1.5 | Dec 2024 1.3 | Mar 2025 1.4 | Jun 2025 1.4 | Sep 2025 1.4 | Dec 2025 1.3 | Mar 2026 1.5 | Jun 2026 — ## Market action Spectrum Brands Holdings, Inc. has the strongest one-year price move in Household & Personal Products at +72.3%. Acme United Corporation leads on Mansfield relative strength against the S&P 500 at +29.5%. 11 of 20 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-07-28. ### Strongest one-year price performers 1. Spectrum Brands Holdings, Inc. (SPB): 72% 2. Acme United Corporation (ACU): 48% 3. Helen of Troy Limited (HELE): 34% 4. Magnera Corporation (MAGN): 18% 5. Edgewell Personal Care Company (EPC): 12% ### Strongest relative strength versus NIFTY 500 1. Acme United Corporation (ACU): 29% 2. Edgewell Personal Care Company (EPC): 25% 3. Helen of Troy Limited (HELE): 24% 4. Spectrum Brands Holdings, Inc. (SPB): 23% 5. Interparfums, Inc. (IPAR): 21% ## What can make this comparison misleading? - A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason. - A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment. - The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed. - An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion. - 1 company has an older fundamental reporting date than the sector’s freshest reporters; its rank carries a stale marker. ## Every company - The Procter & Gamble Company (PG) — market value ₹3.5 L Cr; latest fundamentals Mar 2026 - Unilever PLC (UL) — market value ₹1.4 L Cr; latest fundamentals Dec 2025 - Colgate-Palmolive Company (CL) — market value ₹74.2K Cr; latest fundamentals Mar 2026 - Kenvue Inc. (KVUE) — market value ₹37.9K Cr; latest fundamentals Mar 2026 - Kimberly-Clark Corporation (KMB) — market value ₹37.5K Cr; latest fundamentals Mar 2026 - The Estée Lauder Companies Inc. (EL) — market value ₹30.7K Cr; latest fundamentals Mar 2026 - Church & Dwight Co., Inc. (CHD) — market value ₹23.7K Cr; latest fundamentals Mar 2026 - The Clorox Company (CLX) — market value ₹12.1K Cr; latest fundamentals Mar 2026 - e.l.f. Beauty, Inc. (ELF) — market value ₹5.0K Cr; latest fundamentals Mar 2026 - Interparfums, Inc. (IPAR) — market value ₹4.1K Cr; latest fundamentals Mar 2026 - Coty Inc. (COTY) — market value ₹2.4K Cr; latest fundamentals Mar 2026 - Newell Brands Inc. (NWL) — market value ₹2.2K Cr; latest fundamentals Mar 2026 - Spectrum Brands Holdings, Inc. (SPB) — market value ₹2.1K Cr; latest fundamentals Mar 2026 - Edgewell Personal Care Company (EPC) — market value ₹1.3K Cr; latest fundamentals Mar 2026 - Oddity Tech Ltd. (ODD) — market value ₹784 Cr; latest fundamentals Mar 2026 - Helen of Troy Limited (HELE) — market value ₹672 Cr; latest fundamentals Jun 2026 - Magnera Corporation (MAGN) — market value ₹501 Cr; latest fundamentals Mar 2026 - The Honest Company, Inc. (HNST) — market value ₹421 Cr; latest fundamentals Mar 2026 - Nu Skin Enterprises, Inc. (NUS) — market value ₹255 Cr; latest fundamentals Mar 2026 - Acme United Corporation (ACU) — market value ₹227 Cr; latest fundamentals Mar 2026 ## Methodology and freshness Fundamentals through Jun 2026; prices through 2026-07-28. Up to 20 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable. ## Frequently asked questions ### Which Household & Personal Products company is the biggest? The Procter & Gamble Company is the largest, with trailing-twelve-month revenue of $86,718 million, ahead of Colgate-Palmolive Company at $20,795 million. That covers 19 of 20 companies with comparable reporting through Mar 2026. ### Which Household & Personal Products company is growing fastest? Magnera Corporation has the fastest revenue growth at 35.3% year on year, across 19 of 20 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend. ### Which Household & Personal Products company has the best profit margins? Interparfums, Inc. has the highest operating margin at 21.5%, from 19 of 20 comparable companies. Helen of Troy Limited shows the biggest recent improvement, at +124.5 percentage points. A high margin matters most when it is holding or rising, not when it is peaking. ### Which Household & Personal Products company makes the most profit? The Procter & Gamble Company earns the most, at $16,689 million of trailing-twelve-month net profit, from 19 of 20 comparable companies. Spectrum Brands Holdings, Inc. has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed. ### Which Household & Personal Products company earns the highest return on capital? Colgate-Palmolive Company leads on return on capital employed at 9.4%, across 20 of 20 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year. ### Which Household & Personal Products stock is the cheapest? On guarded PEG — where a LOWER number is cheaper — Kenvue Inc. screens cheapest at 0.38×. Only 12 of 20 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own. ### Which Household & Personal Products company has the strongest balance sheet? The Honest Company, Inc. carries the lowest comparable gross debt at $3 million, from 19 of 20 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment. ### Which Household & Personal Products company is investing most in new capacity? The Procter & Gamble Company reports the largest capital spending at $1,019 million, across 20 of 20 companies. Spending consumes cash before it earns anything, so treat the ranking as a diligence queue: check commissioning, utilisation and the return earned on the completed assets before reading spend as value creation. ### Is the Household & Personal Products sector beating the market? Household & Personal Products has underperformed S&P 500 by 5.1% over the last 52 weeks and 13.9% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 11 of 20 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it. ### Which Household & Personal Products stock has the strongest price momentum? Acme United Corporation has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all. ### Which Household & Personal Products company scores highest for research priority? Helen of Troy Limited scores 68.8 out of 100 with 71.7% evidence confidence, from 24.1 points on growth and earnings, 12.7 on capital efficiency, 16 on valuation and 16 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research. ### How many Household & Personal Products companies does this comparison cover, and over what period? It compares 20 listed companies over up to 20 reported quarters of fundamentals and 8 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data. ### What is the total market cap of the Household & Personal Products sector? The 20 Household & Personal Products companies on this page carry $725,946 million of combined market value. The Procter & Gamble Company is the largest at $346,682 million, about 48% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-28. ### What is the Household & Personal Products sector's P/E ratio? The median price-to-earnings ratio across the 20 Household & Personal Products companies on this page is 20.6×, measured on the 20 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-28. ### How is the Household & Personal Products sector performing? 11 of the 20 covered Household & Personal Products companies are beating S&P 500 on Mansfield relative strength. The sector itself is 5.1% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-28. ### How many Household & Personal Products stocks are listed in the US? This comparison covers 20 listed Household & Personal Products companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data. ### Why are some values on this page blank? A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad. ### Is this investment advice? No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser. Narrative sector analysis: https://www.sectoralpha.in/sectors/household-personal-products