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Colgate-Palmolive Company (CL) Tax Rate: 26.09%

Is Colgate-Palmolive Company’s tax rate high or low?

Colgate-Palmolive Company's tax rate of 26.09% is in line with its 5-year average of 24.75%, near the high end of its 5-year range (21.58%–27.62%).

The tax rate for Colgate-Palmolive Company (CL) is 26.09%. It is above its 12-month average by 6.45% (24.51%).

CL Tax Rate Chart

CL Tax Rate
26.09%+13.78% 1Y
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CL Average Tax Rate Chart

CL Current vs Average Tax Rate Chart

CL Tax Rate Metrics

TAX RATE

26.09%

TAX RATE AVG TTM

24.51%

TAX RATE AVG 3Y

25.67%

TAX RATE AVG 5Y

24.75%

TAX RATE AVG 10Y

28.23%

TAX RATE AVG 15Y

29.63%

TAX RATE AVG 20Y

30.17%

CURRENT VS TTM AVG

+6.45%

CURRENT VS 3Y AVG

+1.63%

CURRENT VS 5Y AVG

+5.39%

CURRENT VS 10Y AVG

-7.59%

CURRENT VS 15Y AVG

-11.94%

CURRENT VS 20Y AVG

-13.54%

Colgate-Palmolive Company Tax Rate Formula & Definition

Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Colgate-Palmolive Company Tax Rate FAQ

What is the tax rate for Colgate-Palmolive Company (CL)?
The tax rate for CL stock is 26.09%.
Is Colgate-Palmolive Company's tax rate high or low?
Colgate-Palmolive Company's tax rate of 26.09% is in line with its 5-year average of 24.75%, near the high end of its 5-year range (21.58%–27.62%).
What is the TTM average tax rate for Colgate-Palmolive Company (CL)?
The TTM average tax rate for CL stock is 24.51%.
What is the 3Y average tax rate for Colgate-Palmolive Company (CL)?
The 3Y average tax rate for CL stock is 25.67%.
What is the 5Y average tax rate for Colgate-Palmolive Company (CL)?
The 5Y average tax rate for CL stock is 24.75%.
What is the 10Y average tax rate for Colgate-Palmolive Company (CL)?
The 10Y average tax rate for CL stock is 28.23%.
What is the 15Y average tax rate for Colgate-Palmolive Company (CL)?
The 15Y average tax rate for CL stock is 29.63%.
What is the 20Y average tax rate for Colgate-Palmolive Company (CL)?
The 20Y average tax rate for CL stock is 30.17%.

Colgate-Palmolive Company Tax Rate History

DATETAX RATE
2025-12-3126.09%
2024-12-3122.93%
2023-12-3127.62%
2022-12-3126.05%
2021-12-3124.26%
2020-12-3121.58%
2019-12-3123.45%
2018-12-3126.15%
2017-12-3137.65%
2016-12-3130.82%
2015-12-3143.97%
2014-12-3133.80%
2013-12-3132.40%
2012-12-3132.09%
2011-12-3132.59%
2010-12-3132.57%
2009-12-3132.25%
2008-12-3132.21%
2007-12-3129.61%
2006-12-3131.49%
2005-12-3134.09%
2004-12-3132.94%
2003-12-3130.39%
2002-12-3131.12%
2001-12-3131.29%
2000-12-3132.12%
1999-12-3132.79%
1998-12-3132.12%
1997-12-3132.83%
1996-12-3133.48%

About Colgate-Palmolive Company

Operating globally, Colgate-Palmolive Company and its affiliated entities are engaged in the production and distribution of a diverse range of consumer goods. Its operations are structured into two primary divisions: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care division encompasses a broad array of offerings, spanning oral hygiene (e.g., toothpastes, toothbrushes, mouthwashes), personal care (e.g., bar and liquid soaps, shower gels, shampoos, conditioners, deodorants, antiperspirants, skin health items), and home care solutions (e.g., dishwashing detergents, fabric conditioners, household cleaners). These products are distributed through various channels, including traditional and online retailers, wholesalers, and distributors, under well-known brand names such as Colgate, Darlie, elmex, hello, meridol, Sorriso, Tom's of Maine, Irish Spring, Palmolive, Protex, Sanex, Softsoap, Lady Speed Stick, Speed Stick, EltaMD, Filorga, PCA SKIN, Ajax, Axion, Fabuloso, Murphy, Suavitel, Soupline, and Cuddly. Furthermore, this segment supplies specialized pharmaceutical products to dentists and other professionals in oral healthcare. Conversely, the Pet Nutrition segment focuses on providing specialized pet food. This includes everyday nutritional options marketed under the Hill's Science Diet brand, as well as therapeutic diets designed to assist in managing various health conditions in dogs and cats, sold under the Hill's Prescription Diet brand. Distribution for these pet nutrition items occurs via pet supply stores, veterinary clinics, and online retail platforms. Established in 1806, Colgate-Palmolive Company maintains its corporate headquarters in New York, New York.

New York City, NY
34,000 employees
Consumer Defensive / Household & Personal Products
Sector
Consumer Defensive
Industry
Household & Personal Products
CEO
Noel R. Wallace