Ingevity (NGVT) Tax Rate (2015 - 2026)
Ingevity's (NGVT) quarterly Tax Rate came in at 21.5% in 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.
Analysis
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.
- On a quarterly basis, Tax Rate rose 2501.0% year-over-year to 21.5% in Q2 2026; TTM through Jun 2026 was 33.16%, a 14942.0% increase from a year earlier, with the FY2025 full-year figure at 5.77%, down 1936.0% from the prior year.
- Tax Rate was 21.5% for Q2 2026 at Ingevity, down from 22.52% in the prior quarter.
- Over five years, Tax Rate peaked at 59.71% in Q4 2023 and troughed at 3.51% in Q2 2025.
- A 5-year average of 22.45% and a median of 21.57% in 2026 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 3890 bps in 2023 and plunged 4104 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 20.81% in 2022, then surged by 187 bps to 59.71% in 2023, then tumbled by 69 bps to 18.67% in 2024, then surged by 35 bps to 25.24% in 2025, then dropped by 15 bps to 21.5% in 2026.
- The last three Tax Rate figures came in at 21.5% (Q2 2026), 22.52% (Q1 2026), and 25.24% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.18 Bn | 142.67 Bn | 1.63 Bn | 6.16% |
| 2 | Ati | 28.28 Bn | 27.50 Bn | 309.80 Mn | 20.01% |
| 3 | Qnity Electronics | 26.28 Bn | 25.32 Bn | 666.00 Mn | 31.66% |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | 48.44% |
| 5 | DuPont de Nemours | 17.40 Bn | 15.66 Bn | 639.00 Mn | 28.20% |
| 6 | Avery Dennison | 12.97 Bn | 12.74 Bn | 729.40 Mn | 27.80% |
| 7 | Solstice Advanced Materials | 10.03 Bn | 9.28 Bn | 370.00 Mn | 23.86% |
| 8 | Element Solutions | 8.73 Bn | 8.54 Bn | 334.00 Mn | 27.82% |
| 9 | Eastman Chemical | 7.82 Bn | 7.13 Bn | 560.00 Mn | 23.15% |
| 10 | Ingevity | 2.36 Bn | 2.18 Bn | 139.00 Mn | 21.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.50% |
| Mar 31, 2026 | 22.52% |
| Dec 31, 2025 | 25.24% |
| Sep 30, 2025 | 34.41% |
| Jun 30, 2025 | -3.51% |
| Mar 31, 2025 | 22.61% |
| Dec 31, 2024 | 18.67% |
| Sep 30, 2024 | 12.04% |
| Jun 30, 2024 | 15.21% |
| Mar 31, 2024 | 22.11% |
| Dec 31, 2023 | 59.71% |
| Sep 30, 2023 | 21.50% |
| Jun 30, 2023 | 25.58% |
| Mar 31, 2023 | 20.90% |
| Dec 31, 2022 | 20.81% |
| Sep 30, 2022 | 21.29% |
| Jun 30, 2022 | 21.83% |
| Mar 31, 2022 | 21.65% |
| Dec 31, 2021 | 19.28% |
| Sep 30, 2021 | 53.33% |