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 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
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 26.09% |
| 2024-12-31 | 22.93% |
| 2023-12-31 | 27.62% |
| 2022-12-31 | 26.05% |
| 2021-12-31 | 24.26% |
| 2020-12-31 | 21.58% |
| 2019-12-31 | 23.45% |
| 2018-12-31 | 26.15% |
| 2017-12-31 | 37.65% |
| 2016-12-31 | 30.82% |
| 2015-12-31 | 43.97% |
| 2014-12-31 | 33.80% |
| 2013-12-31 | 32.40% |
| 2012-12-31 | 32.09% |
| 2011-12-31 | 32.59% |
| 2010-12-31 | 32.57% |
| 2009-12-31 | 32.25% |
| 2008-12-31 | 32.21% |
| 2007-12-31 | 29.61% |
| 2006-12-31 | 31.49% |
| 2005-12-31 | 34.09% |
| 2004-12-31 | 32.94% |
| 2003-12-31 | 30.39% |
| 2002-12-31 | 31.12% |
| 2001-12-31 | 31.29% |
| 2000-12-31 | 32.12% |
| 1999-12-31 | 32.79% |
| 1998-12-31 | 32.12% |
| 1997-12-31 | 32.83% |
| 1996-12-31 | 33.48% |
Related Metrics
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.
- Sector
- Consumer Defensive
- Industry
- Household & Personal Products
- CEO
- Noel R. Wallace