Colgate Palmolive (CL) Tax Rate (2009 - 2026)
Colgate Palmolive's Tax Rate was 24.32% in Q2 2026, up 1.08 percentage points from 23.24% a year earlier and up 0.66 percentage points from the prior quarter.
Colgate Palmolive (CL) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Colgate Palmolive's Tax Rate was 26.55% through Jun 30, 2026, up 4.08 percentage points year-over-year; for FY2025, it came in at 26.09%, up 3.16 percentage points from FY2024.
- Tax Rate shows a five-year change of +4.51 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 22.93% in FY2024 (-4.70 pp), 27.62% in FY2023 (+1.57 pp), 26.05% in FY2022 (+1.79 pp) and 24.26% in FY2021 (+2.68 pp).
- Quarterly Tax Rate has moved between 20.16% (Q3 2021) and 104.63% (Q4 2025) over five years.
- Compared with a year earlier, Tax Rate was higher in three of the last eight quarters, with an average year-over-year change of +10.22 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2025 (a gain of 83.08 percentage points); the worst was Q4 2023 (a drop of 44.35 percentage points).
- Per Business Quant data, CL's Tax Rate in the three quarters before Q2 2026 was 23.65% (Q1 2026), 104.63% (Q4 2025) and 22.78% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 346.43 Bn | 302.42 Bn | 10.28 Bn | 21.66% |
| 2 | Colgate Palmolive | 69.04 Bn | 64.10 Bn | 3.30 Bn | 24.32% |
| 3 | Estee Lauder Companies | 34.63 Bn | 22.70 Bn | 2.74 Bn | - |
| 4 | Kenvue | 34.35 Bn | 29.97 Bn | 2.30 Bn | 23.75% |
| 5 | Kimberly Clark | 32.85 Bn | 30.17 Bn | 1.60 Bn | 37.94% |
| 6 | Church & Dwight | 22.69 Bn | 21.21 Bn | 693.90 Mn | 20.75% |
| 7 | Clorox | 9.84 Bn | 8.28 Bn | 804.00 Mn | 21.60% |
| 8 | e.l.f. Beauty | 6.00 Bn | 4.97 Bn | 398.84 Mn | 29.38% |
| 9 | Reynolds Consumer Products | 4.65 Bn | 4.32 Bn | 245.00 Mn | 23.28% |
| 10 | Interparfums | 3.78 Bn | 3.58 Bn | 223.53 Mn | 23.55% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.32% |
| Mar 31, 2026 | 23.65% |
| Dec 31, 2025 | 104.63% |
| Sep 30, 2025 | 22.78% |
| Jun 30, 2025 | 23.24% |
| Mar 31, 2025 | 23.82% |
| Dec 31, 2024 | 21.55% |
| Sep 30, 2024 | 21.30% |
| Jun 30, 2024 | 24.06% |
| Mar 31, 2024 | 24.61% |
| Dec 31, 2023 | 23.08% |
| Sep 30, 2023 | 21.86% |
| Jun 30, 2023 | 39.80% |
| Mar 31, 2023 | 26.20% |
| Dec 31, 2022 | 67.42% |
| Sep 30, 2022 | 23.54% |
| Jun 30, 2022 | 24.02% |
| Mar 31, 2022 | 24.15% |
| Dec 31, 2021 | 41.98% |
| Sep 30, 2021 | 20.16% |
Colgate Palmolive Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();