Ppg Industries (PPG) Tax Rate (2009 - 2026)
Ppg Industries' (PPG) quarterly Tax Rate came in at 25.53% in Q1 2026, up 123.0% year-on-year from 11.45% in Q1 2025, and up 27.33% on a QoQ basis 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.
- On a quarterly basis, Tax Rate rose 123.0% year-over-year to 25.53% in Q1 2026; TTM through Mar 2026 was 22.72%, a 316.0% decrease from a year earlier, with the FY2025 full-year figure at 22.4%, down 325.0% from the prior year.
- Tax Rate for Q1 2026 stood at 25.53%, up from 20.05% in the prior quarter.
- Over the last five years, Tax Rate for PPG reached as high as 86.42% in Q4 2024 and fell as low as 18.9% in Q3 2022.
- Historically, Tax Rate has averaged 31.1% across 5 years, with a median of 23.07% in 2023.
- Across the five-year window, Tax Rate soared 4767 bps in 2022 and plunged 6637 bps in 2025, its largest moves.
- Year by year, Tax Rate 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 sank by 77 bps to 20.05% in 2025, then climbed by 27 bps to 25.53% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 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 | 237.95 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 | Rpm International | 13.63 Bn | 13.32 Bn | 950.03 Mn | -115.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.53 |
| Mar 31, 2026 | 25.53 |
| Mar 31, 2026 | 25.53 |
| Dec 31, 2025 | 20.05 |
| Dec 31, 2025 | 20.05 |
| Dec 31, 2025 | 20.05 |
| Sep 30, 2025 | 21.22 |
| Sep 30, 2025 | 21.22 |
| Sep 30, 2025 | 21.22 |
| Jun 30, 2025 | 23.41 |
| Jun 30, 2025 | 23.41 |
| Jun 30, 2025 | 23.41 |
| Mar 31, 2025 | 24.30 |
| Mar 31, 2025 | 24.30 |
| Mar 31, 2025 | 24.30 |
| Dec 31, 2024 | 86.42 |
| Dec 31, 2024 | 86.42 |
| Dec 31, 2024 | 86.42 |
| Sep 30, 2024 | 22.15 |
| Sep 30, 2024 | 22.15 |