Ingevity (NGVT) Tax Rate (2015 - 2026)
Ingevity (NGVT) posted quarterly Tax Rate of 21.5% for Q2 2026, up 2501.0% year-over-year from 0.83% in Q2 2025, and down 4.52% quarter-over-quarter from 22.52% in Q1 2026.
Ingevity (NGVT) Tax Rate (2015 - 2026) Analysis & Trends
Ingevity (NGVT) has reported Tax Rate for 12 consecutive years, with 21.5% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate rose 2501.0% year-over-year to 21.5%; the TTM figure through Jun 2026 stood at 33.16% (up 14942.0% YoY), while the FY2025 annual figure was 5.77%, down 1936.0% from the prior year.
- Tax Rate retreated to 21.5% in Q2 2026 per NGVT's latest filing, from 22.52% in the prior quarter.
- Across five years, Tax Rate topped out at 59.71% in Q4 2023 and bottomed at 3.51% in Q2 2025.
- Historically, Tax Rate has averaged 22.45% across 5 years, with a median of 21.57% in 2026.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 3890 bps — and 2024, when it tumbled 4104 bps.
- Ingevity's Tax Rate stood at 20.81% in 2022, then jumped by 187 bps to 59.71% in 2023, then tumbled by 69 bps to 18.67% in 2024, then jumped by 35 bps to 25.24% in 2025, then fell by 15 bps to 21.5% in 2026.
- Business Quant data shows NGVT's Tax Rate at 21.5% in Q2 2026, 22.52% in Q1 2026, and 25.24% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 23.96% |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | 24.17% |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | 22.33% |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | 26.60% |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 22.32% |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | -41.34% |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 29.21% |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 48.44% |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 28.20% |
| 10 | Ingevity | 2.42 Bn | 2.24 Bn | 139.00 Mn | 21.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.50% |
| Jun 30, 2026 | 21.50% |
| Jun 30, 2026 | 21.50% |
| Mar 31, 2026 | 22.52% |
| Mar 31, 2026 | 22.52% |
| Mar 31, 2026 | 22.52% |
| Dec 31, 2025 | 25.24% |
| Dec 31, 2025 | 25.24% |
| Dec 31, 2025 | 25.24% |
| Sep 30, 2025 | 34.41% |
| Sep 30, 2025 | 34.41% |
| Sep 30, 2025 | 34.41% |
| Jun 30, 2025 | -2.66% |
| Jun 30, 2025 | -2.66% |
| Jun 30, 2025 | -2.66% |
| Mar 31, 2025 | 22.61% |
| Mar 31, 2025 | 22.61% |
| Mar 31, 2025 | 22.61% |
| Dec 31, 2024 | 18.67% |
| Dec 31, 2024 | 18.67% |