Colgate Palmolive (CL) Tax Rate (2009 - 2026)
Colgate Palmolive (CL) posted Tax Rate of 24.32% for Q2 2026, up 2.79% on a QoQ basis from 23.65% in Q1 2026, and up 108.0% year-over-year from 11.69% in Q2 2025.
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Analysis
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.
- On a quarterly basis, Tax Rate rose 108.0% year-over-year to 24.32% in Q2 2026; TTM through Jun 2026 was 26.55%, a 408.0% increase from a year earlier, with the FY2025 full-year figure at 26.09%, up 316.0% from the prior year.
- Tax Rate was 24.32% for Q2 2026 at Colgate Palmolive, up from 23.65% in the prior quarter.
- The five-year high for Tax Rate was 104.63% in Q4 2025, with the low at 21.3% in Q3 2024.
- Average Tax Rate over 5 years is 31.34%, with a median of 23.92% recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: Tax Rate sank 4435 bps in 2023, then soared 8308 bps in 2025.
- Over 5 years, Tax Rate stood at 67.42% in 2022, then plunged by 66 bps to 23.08% in 2023, then dropped by 7 bps to 21.55% in 2024, then jumped by 386 bps to 104.63% in 2025, then sank by 77 bps to 24.32% in 2026.
- The last three Tax Rate figures came in at 24.32% (Q2 2026), 23.65% (Q1 2026), and 104.63% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Colgate Palmolive | 70.76 Bn | 69.72 Bn | 3.30 Bn | 24.32% |
| 2 | Kenvue | 35.95 Bn | 34.84 Bn | 2.30 Bn | 23.75% |
| 3 | Kimberly Clark | 34.91 Bn | 34.08 Bn | 1.60 Bn | 37.94% |
| 4 | Bath & Body Works | 3.94 Bn | 3.15 Bn | 692.00 Mn | 28.05% |
| 5 | Prestige Consumer Healthcare | 2.94 Bn | 2.87 Bn | - | - |
| 6 | Perrigo | 2.07 Bn | 1.67 Bn | 313.90 Mn | 16.03% |
| 7 | Edgewell Personal Care | 1.33 Bn | 933.73 Mn | 242.50 Mn | 31.67% |
| 8 | Herbalife | 1.30 Bn | 935.57 Mn | 1.03 Bn | -616.22% |
| 9 | TFA Therapeutics | 1.02 Bn | 1.02 Bn | - | - |
| 10 | Honest Company | 682.25 Mn | 576.35 Mn | 40.36 Mn | 0.60% |
Historic Data
Download Data
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% |