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
DateValue
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%