Colgate Palmolive (CL) Tax Rate (2009 - 2026)
Colgate Palmolive (CL) posted quarterly Tax Rate of 24.32% for Q2 2026, up 108.0% year-over-year from 11.69% in Q2 2025, and up 2.79% on a QoQ basis from 23.65% in Q1 2026.
Colgate Palmolive (CL) Tax Rate (2009 - 2026) Analysis & Trends
Colgate Palmolive has reported Tax Rate for 18 years, with the latest figure at 24.32% in Q2 2026.
- Tax Rate for Q2 2026 came in at 24.32%, up 108.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 26.55% (up 408.0% YoY), and the FY2025 annual result was 26.09%, up 316.0% from the prior year.
- Tax Rate climbed to 24.32% in Q2 2026, from 23.65% in the prior quarter.
- Over five years, Tax Rate peaked at 104.63% in Q4 2025 and troughed at 21.3% in Q3 2024.
- A 5-year average of 31.34% and a median of 23.92% in 2022 frame the typical range for Tax Rate.
- The widest annual swing landed in 2023, when Tax Rate sank 4435 bps; it then surged 8308 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 67.42% in 2022, then slumped by 66 bps to 23.08% in 2023, then decreased by 7 bps to 21.55% in 2024, then surged by 386 bps to 104.63% in 2025, then tumbled by 77 bps to 24.32% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 24.32% in Q2 2026, 23.65% in Q1 2026, and 104.63% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | 21.66% |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | 24.32% |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | 23.75% |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | 37.94% |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | 50.28% |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | 20.75% |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | 21.60% |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | -31.60% |
| 10 | e.l.f. Beauty | 5.48 Bn | 5.13 Bn | 398.84 Mn | 29.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.32% |
| Jun 30, 2026 | 24.32% |
| Jun 30, 2026 | 24.32% |
| Mar 31, 2026 | 23.65% |
| Mar 31, 2026 | 23.65% |
| Mar 31, 2026 | 23.65% |
| Dec 31, 2025 | 104.63% |
| Dec 31, 2025 | 104.63% |
| Dec 31, 2025 | 104.63% |
| Sep 30, 2025 | 22.78% |
| Sep 30, 2025 | 22.78% |
| Sep 30, 2025 | 22.78% |
| Jun 30, 2025 | 23.24% |
| Jun 30, 2025 | 23.24% |
| Jun 30, 2025 | 23.24% |
| Mar 31, 2025 | 23.82% |
| Mar 31, 2025 | 23.82% |
| Mar 31, 2025 | 23.82% |
| Dec 31, 2024 | 21.55% |
| Dec 31, 2024 | 21.55% |