Ingevity (NGVT) Tax Rate (2015 - 2026)
Ingevity (NGVT) recorded Tax Rate of 21.50% in Q2 2026, up 25.01 percentage points from -3.51% a year earlier but down 1.02 percentage points from the prior quarter.
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Analysis
Ingevity (NGVT) Tax Rate (2015 - 2026) Analysis & Trends
On a TTM basis, Ingevity's Tax Rate came in at 33.16% as of Jun 30, 2026, up 149.42 percentage points year-over-year; for FY2025, it came in at -5.77%, down 19.36 percentage points from FY2024.
- Annual Tax Rate has declined for four straight years, with a five-year change of -28.61 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 13.59% in FY2024 (-5.02 pp), 18.62% in FY2023 (-2.90 pp), 21.51% in FY2022 (-5.94 pp) and 27.46% in FY2021 (+4.62 pp).
- Quarterly Tax Rate has ranged from -3.51% in Q2 2025 to 59.71% in Q4 2023 over the past five years.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of -1.86 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 38.90 percentage points in Q4 2023, against a drop of 41.04 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 22.52% (Q1 2026), 25.24% (Q4 2025) and 34.41% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 21.10% |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 22.93% |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | 22.80% |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | - |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 19.42% |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | 29.50% |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 24.25% |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 20.65% |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | 21.04% |
| 10 | Ingevity | 2.06 Bn | 1.45 Bn | 132.80 Mn | 25.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.83% |
| Jun 30, 2026 | 21.50% |
| Mar 31, 2026 | 22.52% |
| Sep 30, 2025 | 34.41% |
| Mar 31, 2025 | 22.61% |
| Dec 31, 2024 | 18.67% |
| Sep 30, 2024 | 12.04% |
| 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% |
| Jun 30, 2021 | 39.89% |
| Mar 31, 2021 | 21.20% |
| Dec 31, 2020 | 30.72% |
| Sep 30, 2020 | 20.66% |
| Jun 30, 2020 | 20.47% |
API Access
Ingevity Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=NGVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NGVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=NGVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();