Ppg Industries (PPG) Tax Rate (2009 - 2026)
Ppg Industries' (PPG) quarterly Tax Rate came in at 22.32% in Q2 2026, down 109.0% year-over-year from 248.0% in Q2 2025, and down 12.58% quarter-over-quarter from 25.53% in Q1 2026.
Analysis
Ppg Industries (PPG) Tax Rate (2009 - 2026) Analysis & Trends
Ppg Industries (PPG) has reported Tax Rate for 18 consecutive years, with 22.32% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 109.0% year-over-year to 22.32% in Q2 2026; TTM through Jun 2026 was 22.4%, a 375.0% decrease from a year earlier, with the FY2025 full-year figure at 22.4%, down 325.0% from the prior year.
- Tax Rate was 22.32% for Q2 2026 at Ppg Industries, down from 25.53% 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 30.61% and a median of 22.98% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 4767 bps in 2022 and tumbled 6637 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 23.21% in 2022, then jumped by 151 bps to 58.21% in 2023, then jumped by 48 bps to 86.42% in 2024, then sank by 77 bps to 20.05% in 2025, then grew by 11 bps to 22.32% in 2026.
- The last three Tax Rate figures came in at 22.32% (Q2 2026), 25.53% (Q1 2026), and 20.05% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sherwin Williams | 78.18 Bn | 77.89 Bn | 3.34 Bn | 24.17% |
| 2 | Ppg Industries | 23.95 Bn | 22.36 Bn | 1.81 Bn | 22.32% |
| 3 | Rpm International | 12.67 Bn | 12.36 Bn | 950.03 Mn | 24.12% |
| 4 | Axalta Coating Systems | 7.36 Bn | 6.73 Bn | 465.00 Mn | 33.58% |
| 5 | Fuller H B | 2.82 Bn | 2.70 Bn | 319.65 Mn | 27.77% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.32% |
| Mar 31, 2026 | 25.53% |
| Dec 31, 2025 | 20.05% |
| Sep 30, 2025 | 21.22% |
| Jun 30, 2025 | 23.41% |
| Mar 31, 2025 | 24.30% |
| Dec 31, 2024 | 86.42% |
| Sep 30, 2024 | 22.15% |
| Jun 30, 2024 | 22.89% |
| Mar 31, 2024 | 23.62% |
| Dec 31, 2023 | 58.21% |
| Sep 30, 2023 | 21.72% |
| Jun 30, 2023 | 23.07% |
| Mar 31, 2023 | 22.66% |
| Dec 31, 2022 | 23.21% |
| Sep 30, 2022 | 18.90% |
| Jun 30, 2022 | 20.85% |
| Mar 31, 2022 | 70.51% |
| Dec 31, 2021 | 1.42% |
| Sep 30, 2021 | 21.77% |