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Procter & Gamble Co (XSGO:PG) Tax Rate % : 17.68% (As of Mar. 2024)


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What is Procter & Gamble Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Procter & Gamble Co's Tax Expense for the three months ended in Mar. 2024 was $812 Mil. Procter & Gamble Co's Pre-Tax Income for the three months ended in Mar. 2024 was $4,592 Mil. Therefore, Procter & Gamble Co's Tax Rate % for the quarter that ended in Mar. 2024 was 17.68%.

Procter & Gamble Co Tax Rate % Historical Data

The historical data trend for Procter & Gamble Co's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Procter & Gamble Co Tax Rate % Chart

Procter & Gamble Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.65 17.25 18.52 17.79 19.70

Procter & Gamble Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.15 19.87 21.48 22.31 17.68

Procter & Gamble Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Procter & Gamble Co's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=3615/18353
=19.70 %

Procter & Gamble Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=812/4592
=17.68 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Procter & Gamble Co Tax Rate % Related Terms

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Procter & Gamble Co (XSGO:PG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Procter & Gamble Co (XSGO:PG) » Definitions » Tax Rate %
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Address
One Procter and Gamble Plaza, Cincinnati, OH, USA, 45202
Website
https://www.pginvestor.com
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent just more than half of the firm's consolidated total.