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| Date | Value |
|---|---|
| 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% |