Ingevity (NGVT) Tax Rate (2015 - 2026)

Ingevity (NGVT) reported Tax Rate of 22.52% for Q1 2026, down 9.0% year-over-year from 24.74% in Q1 2025, and down 10.78% quarter-over-quarter from 25.24% in Q4 2025.

Ingevity (NGVT) Tax Rate (2015 - 2026) Analysis & Trends

Ingevity (NGVT) has 12 years of Tax Rate data on file, last reported at 22.52% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 22.52%, down 9.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.47% (down 1781.0% YoY), and the FY2025 annual result was 5.77%, down 1936.0% from the prior year.
  • Tax Rate declined to 22.52% in Q1 2026 per NGVT's latest filing, from 25.24% in the prior quarter.
  • Over five years, Tax Rate peaked at 59.71% in Q4 2023 and troughed at 2.66% in Q2 2025.
  • A 5-year average of 22.55% and a median of 21.65% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 3890 bps in 2023, then tumbled 4104 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 20.81% in 2022, then soared by 187 bps to 59.71% in 2023, then slumped by 69 bps to 18.67% in 2024, then soared by 35 bps to 25.24% in 2025, then declined by 11 bps to 22.52% in 2026.
  • Business Quant data shows NGVT's Tax Rate at 22.52% in Q1 2026, 25.24% in Q4 2025, and 34.41% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 23.49
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -41.34
3 Sherwin Williams 78.87 Bn 78.66 Bn 2.78 Bn 21.34
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn 13.89
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn 17.96
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn 25.53
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 18.66
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 17.13
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn -1.46
10 Ingevity 2.57 Bn 2.39 Bn 116.40 Mn 22.52

Historic Data

Download Data
DateValue
Mar 31, 2026 22.52%
Mar 31, 2026 22.52%
Dec 31, 2025 25.24%
Dec 31, 2025 25.24%
Sep 30, 2025 34.41%
Sep 30, 2025 34.41%
Jun 30, 2025 -2.66%
Jun 30, 2025 -2.66%
Mar 31, 2025 22.61%
Mar 31, 2025 22.61%
Dec 31, 2024 18.67%
Dec 31, 2024 18.67%
Sep 30, 2024 12.04%
Sep 30, 2024 12.04%
Jun 30, 2024 15.21%
Jun 30, 2024 15.21%
Mar 31, 2024 22.11%
Mar 31, 2024 22.11%
Dec 31, 2023 59.71%
Dec 31, 2023 59.71%