Procter & Gamble (PG) Tax Rate (2009 - 2026)
Procter & Gamble (PG) posted quarterly Tax Rate of 20.83% for Q1 2026, up 220.0% year-over-year from 6.51% in Q1 2025, and up 3.58% quarter-over-quarter from 20.11% in Q4 2025.
Procter & Gamble (PG) Tax Rate (2009 - 2026) Analysis & Trends
Procter & Gamble (PG) has reported Tax Rate for 18 consecutive years, with 20.83% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 220.0% year-over-year to 20.83%; the TTM figure through Mar 2026 stood at 20.4% (up 25.0% YoY), while the FY2025 annual figure was 20.34%, up 15.0% from the prior year.
- Tax Rate climbed to 20.83% in Q1 2026 per PG's latest filing, from 20.11% in the prior quarter.
- Across five years, Tax Rate topped out at 22.41% in Q3 2024 and bottomed at 16.22% in Q2 2022.
- Historically, Tax Rate has averaged 19.73% across 5 years, with a median of 20.11% in 2025.
- Annual changes were most pronounced in 2023 — Tax Rate soared 419 bps — and 2024, when it sank 247 bps.
- Procter & Gamble's Tax Rate stood at 18.12% in 2022, then climbed by 23 bps to 22.31% in 2023, then slipped by 9 bps to 20.31% in 2024, then dropped by 1 bps to 20.11% in 2025, then climbed by 4 bps to 20.83% in 2026.
- Business Quant data shows PG's Tax Rate at 20.83% in Q1 2026, 20.11% in Q4 2025, and 20.77% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | 21.66% |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | 24.32% |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | 23.75% |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | 37.94% |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | 50.28% |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | 20.75% |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | 21.60% |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | -31.60% |
| 10 | e.l.f. Beauty | 5.48 Bn | 5.13 Bn | 398.84 Mn | 29.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.66% |
| Jun 30, 2026 | 21.66% |
| Jun 30, 2026 | 21.66% |
| 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% |