Ingevity (NGVT) Tax Rate (2015 - 2026)

Ingevity's (NGVT) quarterly Tax Rate came in at 22.52% in Q1 2026, down 9.0% year-on-year from 24.74% in Q1 2025, and down 10.78% on a QoQ basis 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.

  • On a quarterly basis, Tax Rate fell 9.0% year-over-year to 22.52% in Q1 2026; TTM through Mar 2026 was 3.47%, a 1781.0% decrease from a year earlier, with the FY2025 full-year figure at 5.77%, down 1936.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 22.52%, down from 25.24% in the prior quarter.
  • Over the last five years, Tax Rate for NGVT reached as high as 59.71% in Q4 2023 and fell as low as 2.66% in Q2 2025.
  • Historically, Tax Rate has averaged 22.55% across 5 years, with a median of 21.65% in 2022.
  • Across the five-year window, Tax Rate surged 3890 bps in 2023 and sank 4104 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 20.81% in 2022, then soared by 187 bps to 59.71% in 2023, then tumbled by 69 bps to 18.67% in 2024, then soared by 35 bps to 25.24% in 2025, then decreased by 11 bps to 22.52% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 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 237.95 Bn 233.99 Bn 4.26 Bn 23.49
2 Sherwin Williams 78.17 Bn 77.95 Bn 2.78 Bn 21.34
3 Ecolab 76.02 Bn 75.37 Bn 1.85 Bn -52.75
4 Air Products & Chemicals 66.38 Bn 65.43 Bn 987.40 Mn 17.96
5 Ppg Industries 26.02 Bn 24.40 Bn 1.66 Bn 25.53
6 LyondellBasell Industries 22.51 Bn 19.87 Bn 701.00 Mn -1.46
7 Chemical & Mining Co Of Chile 19.70 Bn 15.83 Bn 778.60 Mn 41.34
8 International Flavors & Fragrances 19.51 Bn 18.95 Bn 1.02 Bn 18.66
9 DuPont de Nemours 18.80 Bn 18.71 Bn 602.00 Mn 17.13
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
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
Dec 31, 2024 18.67
Sep 30, 2024 12.04
Sep 30, 2024 12.04