Procter & Gamble (PG) Tax Rate (2009 - 2026)
Procter & Gamble's (PG) quarterly Tax Rate came in at 21.66% in Q2 2026, up 187.0% year-over-year from 7.55% in Q2 2025, and up 4.02% quarter-over-quarter from 20.83% in Q1 2026.
Analysis
Procter & Gamble (PG) Tax Rate (2009 - 2026) Analysis & Trends
Procter & Gamble (PG) has reported Tax Rate for 18 consecutive years, with 21.66% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 187.0% year-over-year to 21.66% in Q2 2026; TTM through Jun 2026 was 20.78%, a 44.0% increase from a year earlier, with the FY2026 full-year figure at 20.77%, up 43.0% from the prior year.
- Tax Rate was 21.66% for Q2 2026 at Procter & Gamble, up from 20.83% in the prior quarter.
- Over five years, Tax Rate peaked at 22.41% in Q3 2024 and troughed at 16.22% in Q2 2022.
- A 5-year average of 19.84% and a median of 20.13% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 419 bps in 2023 and slumped 247 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 18.12% in 2022, then gained by 23 bps to 22.31% in 2023, then retreated by 9 bps to 20.31% in 2024, then decreased by 1 bps to 20.11% in 2025, then advanced by 8 bps to 21.66% in 2026.
- The last three Tax Rate figures came in at 21.66% (Q2 2026), 20.83% (Q1 2026), and 20.11% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 340.41 Bn | 330.70 Bn | 10.28 Bn | 21.66% |
| 2 | Church & Dwight | 23.38 Bn | 23.13 Bn | 693.90 Mn | 20.75% |
| 3 | Clorox | 11.25 Bn | 11.27 Bn | 804.00 Mn | 21.60% |
| 4 | Reynolds Consumer Products | 4.61 Bn | 4.54 Bn | 245.00 Mn | 23.28% |
| 5 | Wd 40 | 2.79 Bn | 2.73 Bn | 110.42 Mn | 23.64% |
| 6 | Energizer Holdings | 1.45 Bn | 1.28 Bn | 280.60 Mn | 19.88% |
| 7 | CleanCore Solutions | 70.99 Mn | 53.93 Mn | -419,259.00 | - |
| 8 | Grove Collaborative Holdings | 45.69 Mn | 35.28 Mn | 19.59 Mn | -0.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.66% |
| Mar 31, 2026 | 20.83% |
| Dec 31, 2025 | 20.11% |
| Sep 30, 2025 | 20.77% |
| Jun 30, 2025 | 19.80% |
| Mar 31, 2025 | 18.62% |
| Dec 31, 2024 | 20.31% |
| Sep 30, 2024 | 22.41% |
| Jun 30, 2024 | 18.76% |
| Mar 31, 2024 | 17.68% |
| Dec 31, 2023 | 22.31% |
| Sep 30, 2023 | 21.48% |
| Jun 30, 2023 | 19.87% |
| Mar 31, 2023 | 20.15% |
| Dec 31, 2022 | 18.12% |
| Sep 30, 2022 | 20.69% |
| Jun 30, 2022 | 16.22% |
| Mar 31, 2022 | 17.29% |
| Dec 31, 2021 | 19.03% |
| Sep 30, 2021 | 18.05% |