Procter & Gamble (PG) Tax Rate (2009 - 2026)

Procter & Gamble's (PG) quarterly Tax Rate came in at 20.83% in Q1 2026, up 220.0% year-on-year from 6.51% in Q1 2025, and up 3.58% on a QoQ basis from 20.11% in Q4 2025.

Procter & Gamble (PG) Tax Rate (2009 - 2026) Analysis & Trends

Procter & Gamble (PG) has 18 years of Tax Rate data on file, last reported at 20.83% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 220.0% year-over-year to 20.83% in Q1 2026; TTM through Mar 2026 was 20.4%, a 25.0% increase from a year earlier, with the FY2025 full-year figure at 20.34%, up 15.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 20.83%, up from 20.11% in the prior quarter.
  • Over the last five years, Tax Rate for PG reached as high as 22.41% in Q3 2024 and fell as low as 16.22% in Q2 2022.
  • Historically, Tax Rate has averaged 19.73% across 5 years, with a median of 20.11% in 2025.
  • Across the five-year window, Tax Rate jumped 419 bps in 2023 and tumbled 247 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 18.12% in 2022, then increased by 23 bps to 22.31% in 2023, then declined by 9 bps to 20.31% in 2024, then fell by 1 bps to 20.11% in 2025, then increased by 4 bps to 20.83% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 20.83% in Q1 2026, 20.11% in Q4 2025, and 20.77% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Procter & Gamble 341.94 Bn 329.86 Bn 10.51 Bn 20.83%
2 Unilever 131.50 Bn 123.41 Bn - -27.77%
3 Colgate Palmolive 72.27 Bn 71.28 Bn 3.23 Bn 23.65%
4 Kenvue 36.23 Bn 36.12 Bn 2.30 Bn 29.46%
5 Kimberly Clark 35.62 Bn 35.19 Bn 1.53 Bn 23.94%
6 Estee Lauder Companies 28.99 Bn 25.86 Bn 2.84 Bn 50.28%
7 Church & Dwight 22.75 Bn 22.25 Bn 681.40 Mn 20.65%
8 Clorox 12.26 Bn 11.23 Bn 722.00 Mn 25.39%
9 Yatsen Holding 6.15 Bn 6.00 Bn 153.20 Mn -31.60%
10 e.l.f. Beauty 4.43 Bn 4.14 Bn 326.45 Mn 18.44%

Historic Data

Download Data
DateValue
Mar 31, 2026 20.83%
Mar 31, 2026 20.83%
Mar 31, 2026 20.83%
Dec 31, 2025 20.11%
Dec 31, 2025 20.11%
Dec 31, 2025 20.11%
Sep 30, 2025 20.77%
Sep 30, 2025 20.77%
Sep 30, 2025 20.77%
Jun 30, 2025 19.80%
Jun 30, 2025 19.80%
Jun 30, 2025 19.80%
Mar 31, 2025 18.62%
Mar 31, 2025 18.62%
Mar 31, 2025 18.62%
Dec 31, 2024 20.31%
Dec 31, 2024 20.31%
Dec 31, 2024 20.31%
Sep 30, 2024 22.41%
Sep 30, 2024 22.41%