Procter & Gamble (PG) Tax Rate (2009 - 2026)
Procter & Gamble (PG) recorded Tax Rate of 21.66% in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 1.87 percentage points from 19.80% a year earlier and up 0.84 percentage points from the prior quarter.
Procter & Gamble (PG) Tax Rate (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Procter & Gamble reported Tax Rate of 20.77%, up 0.43 percentage points from FY2025.
- Annual Tax Rate has increased for four straight fiscal years, with a five-year change of +2.25 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Tax Rate came in at 20.34% in FY2025 (+0.15 pp), 20.19% in FY2024 (+0.49 pp), 19.70% in FY2023 (+1.90 pp) and 17.79% in FY2022 (-0.73 pp).
- The fiscal Q4 2026 figure is the highest quarterly Tax Rate since fiscal Q1 2025.
- On a year-over-year basis, Tax Rate rose in five of the last eight quarters, with an average year-over-year change of +0.39 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 4.19 percentage points in fiscal Q2 2024, against a drop of 2.47 percentage points in fiscal Q3 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 20.83% (Q3 2026), 20.11% (Q2 2026) and 20.77% (Q1 2026).
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 | 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% |
Procter & Gamble 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=PG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PG", "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=PG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();