Clorox management check
CLX · Consumer Staples · Household Products · CEO Linda J Rendle
Filings as of
4 good · 2 to watch · 1 flagged, across the seven questions below.
- Flag
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2022 grew to $63, against $117 for the peer group the company picked itself.
- Good
Does pay follow performance?
Pay rose and fell with returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.82 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Watch
What does the CEO cost owners?
2.3% of net income$14.0m of reported pay in fiscal 2026, against $601.0m of net income.
- Good
Do they own the stock?
Insiders are buyingThe CEO holds 282,488 shares, directly or through trusts (unvested awards not counted): about 1.6 years of pay. 1 insider bought $429k on the open market in the last six months, with their own money, near the lows.
- Watch
Are owners being diluted?
Share count growingDiluted shares changed +0.0% a year over the last three fiscal years. Stock-based pay was 1.1% of revenue in the latest year.
- Good
Is leadership stable?
5 leadership filings in 3 yearsCEO in the pay table: Ms. Rendle. 5 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Consumer Staples.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 0 | 31 | |
| Pay for performance | 91 | 84 | |
| CEO cost | 19 | 40 | |
| Skin in the game | 65 | 65 | |
| Dilution | 49 | 60 | |
| Stable leadership | 100 | 70 | |
| Clean books | 100 | 100 |
Closest peers
Others in Household Products, by management score. Clorox is 22nd of 33 in its sector.
- 57CLColgate-Palmolive80
- 239CHDChurch & Dwight65
- 291TGTTarget Corporation62
- 302KMBKimberly-Clark61
- 307GISGeneral Mills61
- 308CLXClorox61
Pay versus performance
From the proxy statement filed October 7, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2026 | Ms. Rendle | $14.0m | $2.6m | $6.9m | $63 | $117 | $601.0m |
| 2025 | — | $13.3m | $10.4m | $5.2m | $76 | $122 | $824.0m |
| 2024 | — | $12.7m | $6.2m | $4.0m | $83 | $125 | $292.0m |
| 2023 | — | $11.6m | $19.4m | $4.0m | $94 | $112 | $161.0m |
| 2022 | — | $8.5m | $7.1m | $3.2m | $81 | $105 | $471.0m |
The board says pay is tied most to Economic Profit. Its other key measures: Growth in Economic Profit, Net Customer Sales, Net Earnings Attributable to Clorox, Gross Margin.
Insiders and the CEO's stake
Linda J Rendle (Chief Executive Officer) held 282,488 shares directly after their latest Form 4 on Oct 5, 2026, roughly $22.7m at that filing's price.
1 insider bought $429k on the open market in the last six months, with their own money, near the lows.
- BoughtPierre R BreberDirector$429kMay 5, 2026
Leadership and governance on file
- Jun 17, 2026Leadership change8-K 5.02
- May 28, 2026Leadership change8-K 5.02
- Oct 30, 2025Leadership change8-K 5.02
- May 12, 2025Leadership change8-K 5.02
- Jan 28, 2025Leadership change8-K 5.02
- Jul 26, 2023Leadership change8-K 5.02
- May 18, 2022Leadership change8-K 5.02
- Mar 2, 2022Leadership change8-K 5.02
- Nov 17, 2021Leadership change8-K 5.02
Latest shareholder vote results: Nov 20, 2025, including the say-on-pay vote.
Where the money went
Over 2021–2025: $4.2bn returned to owners in buybacks and dividends, 170% of net income, and $330.0m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $7.3bn | $7.1bn | $7.4bn | $7.1bn | $7.1bn |
| Net income | $710.0m | $471.0m | $161.0m | $292.0m | $824.0m |
| Stock-based pay | $50.0m | $52.0m | $73.0m | $74.0m | $81.0m |
| Buybacks | $905.0m | $25.0m | $0 | $0 | $332.0m |
| Dividends | $558.0m | $571.0m | $583.0m | $595.0m | $602.0m |
| Diluted shares | 127m | 124m | 124m | 125m | 124m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.