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Colgate-Palmolive Co (FRA:CPA) Tax Rate % : 24.61% (As of Mar. 2024)


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What is Colgate-Palmolive Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Colgate-Palmolive Co's Tax Expense for the three months ended in Mar. 2024 was €219 Mil. Colgate-Palmolive Co's Pre-Tax Income for the three months ended in Mar. 2024 was €890 Mil. Therefore, Colgate-Palmolive Co's Tax Rate % for the quarter that ended in Mar. 2024 was 24.61%.

Colgate-Palmolive Co Tax Rate % Historical Data

The historical data trend for Colgate-Palmolive 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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Colgate-Palmolive Co Tax Rate % Chart

Colgate-Palmolive Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.45 21.58 24.26 26.05 27.62

Colgate-Palmolive 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 26.20 39.80 21.86 23.08 24.61

Colgate-Palmolive Co Tax Rate % Calculation

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

Colgate-Palmolive Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=859.229/3110.464
=27.62 %

Colgate-Palmolive 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 )
=218.96/889.64
=24.61 %

* 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.

Colgate-Palmolive Co Tax Rate % Related Terms

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Colgate-Palmolive Co (FRA:CPA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Colgate-Palmolive Co (FRA:CPA) » Definitions » Tax Rate %
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Address
300 Park Avenue, New York, NY, USA, 10022-7499
Website
https://www.colgatepalmolive.com
Since its founding in 1806, Colgate-Palmolive has grown to become a leading global consumer product company. In addition to its namesake oralcare line, the firm manufactures shampoos, shower gels, deodorants, and homecare products that are sold in over 200 countries. International accounts for about 70% of its total sales base, including approximately 45% from emerging regions. It also owns specialty pet food maker Hill's, which sells its products through veterinarians and specialty pet retailers.