Ppg Industries (PPG) Tax Rate (2009 - 2026)
Ppg Industries (PPG) reported Tax Rate of 25.53% for Q1 2026, up 123.0% year-over-year from 11.45% in Q1 2025, and up 27.33% quarter-over-quarter from 20.05% in Q4 2025.
Ppg Industries (PPG) Tax Rate (2009 - 2026) Analysis & Trends
Ppg Industries (PPG) has 18 years of Tax Rate data on file, last reported at 25.53% in Q1 2026.
- Tax Rate for Q1 2026 came in at 25.53%, up 123.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.72% (down 316.0% YoY), and the FY2025 annual result was 22.4%, down 325.0% from the prior year.
- Tax Rate grew to 25.53% in Q1 2026 per PPG's latest filing, from 20.05% in the prior quarter.
- Over five years, Tax Rate peaked at 86.42% in Q4 2024 and troughed at 18.9% in Q3 2022.
- A 5-year average of 31.1% and a median of 23.07% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2025: Tax Rate surged 4767 bps in 2022, then slumped 6637 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 23.21% in 2022, then surged by 151 bps to 58.21% in 2023, then surged by 48 bps to 86.42% in 2024, then plunged by 77 bps to 20.05% in 2025, then rose by 27 bps to 25.53% in 2026.
- Business Quant data shows PPG's Tax Rate at 25.53% in Q1 2026, 20.05% in Q4 2025, and 21.22% 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 | Albemarle | 18.85 Bn | 18.02 Bn | 500.97 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.53% |
| Mar 31, 2026 | 25.53% |
| Dec 31, 2025 | 20.05% |
| Dec 31, 2025 | 20.05% |
| Sep 30, 2025 | 21.22% |
| Sep 30, 2025 | 21.22% |
| Jun 30, 2025 | 23.41% |
| Jun 30, 2025 | 23.41% |
| Mar 31, 2025 | 24.30% |
| Mar 31, 2025 | 24.30% |
| Dec 31, 2024 | 86.42% |
| Dec 31, 2024 | 86.42% |
| Sep 30, 2024 | 22.15% |
| Sep 30, 2024 | 22.15% |
| Jun 30, 2024 | 22.89% |
| Jun 30, 2024 | 22.89% |
| Mar 31, 2024 | 23.62% |
| Mar 31, 2024 | 23.62% |
| Dec 31, 2023 | 58.21% |
| Dec 31, 2023 | 58.21% |