Procter & Gamble (PG) Tax Rate (2009 - 2026)
Procter & Gamble (PG) recorded Tax Rate of 21.04% in fiscal Q1 2027 (quarter ended Sep 30, 2026), up 0.27 percentage points from 20.77% a year earlier but down 0.63 percentage points from the prior quarter.
Procter & Gamble (PG) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Procter & Gamble's Tax Rate came in at 20.86% as of Sep 30, 2026, up 0.90 percentage points year-over-year; for FY2026 (ended Jun 30, 2026), it came in at 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).
- Quarterly Tax Rate has ranged from 16.22% in fiscal Q4 2022 to 22.41% in fiscal Q1 2025 over the past five years.
- On a year-over-year basis, Tax Rate has increased for three consecutive quarters, with an average year-over-year change of +0.31 percentage points over the last eight quarters.
- 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 21.66% (Q4 2026), 20.83% (Q3 2026) and 20.11% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 384.13 Bn | 335.69 Bn | 11.60 Bn | 21.04% |
| 2 | Colgate Palmolive | 76.99 Bn | 71.47 Bn | 3.23 Bn | 23.55% |
| 3 | Estee Lauder Companies | 40.05 Bn | 27.14 Bn | 2.81 Bn | 32.46% |
| 4 | Kenvue | 37.02 Bn | 32.73 Bn | 2.31 Bn | 29.39% |
| 5 | Kimberly Clark | 36.07 Bn | 32.01 Bn | 1.44 Bn | 20.17% |
| 6 | Church & Dwight | 25.86 Bn | 24.25 Bn | 749.40 Mn | 21.96% |
| 7 | Clorox | 12.14 Bn | 10.40 Bn | 770.00 Mn | 16.43% |
| 8 | e.l.f. Beauty | 6.86 Bn | 5.68 Bn | 370.22 Mn | 30.22% |
| 9 | Reynolds Consumer Products | 5.08 Bn | 4.77 Bn | 236.00 Mn | 23.68% |
| 10 | Bath & Body Works | 4.61 Bn | 1.81 Bn | 692.00 Mn | 28.05% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.04% |
| 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% |
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_KEYimport 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();