Procter & Gamble Co (HAM:PRG) Tax Expense: €3,673 Mil (TTM As of Mar. 2026)


HAM:PRG Procter & Gamble Co HAM:PRG
81 GF Score
Price €131.24
GF Value €147.92
Valuation Modestly Undervalued
View Full Analysis

What is Procter & Gamble Co Tax Expense?

Procter & Gamble Co HAM:PRG -0.33% 81 Tax Expense is €3,673 Mil as of Mar. 2026. GuruFocus rates HAM:PRG with a GF Score™ of 81/100 and a GF Value™ of €147.92 (Modestly Undervalued).

Procter & Gamble Co's tax expense for the months ended in Mar. 2026 was €899 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was €3,673 Mil.


Procter & Gamble Co  (HAM:PRG) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Procter & Gamble Co Tax Expense Related Terms


Procter & Gamble Co Tax Expense Historical Data

* Premium members only.

The historical data trend for Procter & Gamble Co's Tax Expense 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.

Procter & Gamble Co Tax Expense Chart

Procter & Gamble Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,708.29 3,029.09 3,336.65 3,518.12 3,556.43

Procter & Gamble Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Expense 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 802.90 775.97 1,067.56 930.86 898.74
HAM:PRG
81GF Score
Procter & Gamble Co HAM:PRG
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Procter & Gamble Co Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,673 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of €3,673 Mil mean?
Procter & Gamble Co (HAM:PRG) has a Tax Expense of €3,673 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Procter & Gamble Co and its competitors.
Is Procter & Gamble Co's Tax Expense too high?
Procter & Gamble Co's current Tax Expense is €3,673 Mil. Overall, Procter & Gamble Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Procter & Gamble Co's Tax Expense compare to CL and KVUE?
Procter & Gamble Co's Tax Expense of €3,673 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Consumer Packaged Goods company?
A good Tax Expense depends on the Consumer Packaged Goods industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Procter & Gamble Co and its competitors. Procter & Gamble Co's current Tax Expense is €3,673 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Procter & Gamble Co stock overvalued right now?
Based on GuruFocus' analysis, Procter & Gamble Co (HAM:PRG) is currently considered Modestly Undervalued. The stock's GF Value™ is €147.92, compared to a current price of €131.24 — trading 11.3% below its estimated fair value. The current Tax Expense is €3,673 Mil. Procter & Gamble Co's overall GF Score™ is 81/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Procter & Gamble Co (HAM:PRG), the current Tax Expense is €3,673 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Procter & Gamble Co (HAM:PRG) Overvalued in 2026?

Based on GuruFocus' analysis, Procter & Gamble Co stock appears to be undervalued. The current stock price of €131.24 is trading 11.3% below its estimated GF Value™ of €147.92. GuruFocus considers Procter & Gamble Co to be Modestly Undervalued.

Key valuation signals for HAM:PRG:

  • Tax Expense: €3,673 Mil
  • GF Value™: €147.92 vs. price of €131.24 (11.3% below fair value)
  • GF Score™: 81/100

No single metric tells the full story. See the HAM:PRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Procter & Gamble Co Business Description

Address One Procter and Gamble Plaza, Cincinnati, OH, USA, 45202
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, with annual sales of nearly $85 billion. It operates with a lineup of leading brands, including more than 20 that generate annual global sales of more than $1 billion each, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. Sales outside its home turf represent just more than half of the firm's consolidated total.
81GF Score

Get the complete analysis for HAM:PRG

Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€131.24
Price
€147.92
GF Value