What is Procter & Gamble's income tax?

Procter & Gamble (PG) reported income tax of $1.04B in Q1 2026.

How has Procter & Gamble's income tax changed year-over-year?

Procter & Gamble's income tax increased by 19.7% year-over-year, from $868M to $1.04B.

What is the long-term trend for Procter & Gamble's income tax?

Over 3 years (2022 to 2025), Procter & Gamble's income tax has grown at a 8.6% compound annual growth rate (CAGR), from $3.2B to $4.1B.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Procter & Gamble PG Income Tax

Income Tax at other companies

Colgate-PalmoliveCL

$211M-7.0%

Kimberly-ClarkKMB

$164M+25.2%

Johnson & JohnsonJNJ

$755M-71.3%

Church & DwightCHD

$56.3M-9.2%

Scotts Miracle-GroSMG

$101.6M+19.1%

Estee Lauder Companies Inc.EL

$90M+9.8%

Other financials

Income statement

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Revenue$21.2B+7.4%

Gross profit$10.5B+4.3%

Operating income$4.6B+0.4%

Net income$3.9B+4.3%

EPS (diluted)$1.63+5.8%

Balance sheet

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Cash & equivalents$12.3B+35.0%

Total debt$23.9B-30.1%

Total assets$128.38B+4.4%

Cash flow

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Operating cash flow$4.0B+9.2%

CapEx$1.0B+18.6%

Free cash flow$3.0B+6.3%

Valuation

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Market cap$341.47B-8.2%

Enterprise value$353.01B-11.3%

P/E20.6×-2.7×

P/S3.9×-0.5×

Profitability

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Gross margin50.3%-1.0pp

Operating margin23.2%-0.6pp

Net margin19.2%+0.7pp

FCF margin17.3%-0.6pp

Returns & leverage

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Current ratio0.7×0.0×

Where this comes from

Reported directly by Procter & Gamble in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Procter & Gamble’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Procter & Gamble's income tax?: Procter & Gamble (PG) reported income tax of $1.04B in Q1 2026.
How has Procter & Gamble's income tax changed year-over-year?: Procter & Gamble's income tax increased by 19.7% year-over-year, from $868M to $1.04B.
What is the long-term trend for Procter & Gamble's income tax?: Over 3 years (2022 to 2025), Procter & Gamble's income tax has grown at a 8.6% compound annual growth rate (CAGR), from $3.2B to $4.1B.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.