Church & Dwight Co., Inc. (NYSE: CHD) is a Ewing, New Jersey consumer products company that reported $6.2032 billion in 2025 net sales and $736.8 million in net income. Best known for ARM & HAMMER baking soda, it also owns OxiClean, Trojan, TheraBreath, Hero, Batiste, Waterpik, Zicam and Touchland. CEO Rick Dierker has led the company since March 31, 2025.
How Does Church & Dwight Make Money?
Church & Dwight sells branded household and personal care products through retailers and online, plus sodium bicarbonate and animal-nutrition products to industrial customers. In 2024 Consumer Domestic produced $4,732.3 million (about 77% of sales), Consumer International $1,071.5 million (about 18%) and Specialty Products $303.3 million (about 5%). In Q2 2026 online sales were 25.5% of consumer sales.
Who Founded Church & Dwight?
Dr. Austin Church and John Dwight began packaging baking soda in 1846. Dwight's Cow Brand and the ARM & HAMMER brand launched by Church's sons in 1867 merged in 1896 to form Church & Dwight. The company stayed mostly a baking soda business until the 2001 Carter-Wallace deal brought in Trojan, Nair and First Response.
Church & Dwight Acquisitions
Key deals include OxiClean (2006), Orajel (2008, $383.4 million), Waterpik (2017, about $1 billion), Zicam (2020), TheraBreath (2021, $580 million), Hero Cosmetics (2022, $630 million) and Touchland (2025, $700 million plus an earn-out of up to $180 million). In June 2026 it added MISS MOUTH'S MESSY EATER stain remover. Not every deal worked: Flawless was written down by $411.0 million in 2022 and exited in 2025.
Church & Dwight's 2025 Portfolio Reset
In 2025 the company sold its VitaFusion and L'il Critters vitamin brands to Piping Rock Health Products and exited Flawless, Spinbrush and Waterpik showerheads. Management said this cut weighted private-label exposure from about 12% to about 5%. Results improved in 2026: Q2 net sales rose 1.6% to $1,530.0 million, organic sales grew 5.8%, and the company raised its full-year outlook.
Who Are Church & Dwight's Competitors?
Church & Dwight competes with Procter & Gamble, Unilever, Colgate-Palmolive, Henkel, Kenvue, Reckitt and Clorox, depending on the category, as well as retailer private labels. It avoids broad categories and focuses on niches where its brands rank #1 or #2.
What Are the Biggest Risks?
The main risks are private-label competition, slow U.S. category growth, tariffs and input costs, and reliance on the ARM & HAMMER franchise. Reported 2026 sales growth is guided at flat to +1% because exited businesses offset organic gains.