Ppg Industries (PPG) Tax Rate (2009 - 2026)
Ppg Industries (PPG) posted quarterly Tax Rate of 22.32% for 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.
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.
- In Q2 2026, Tax Rate fell 109.0% year-over-year to 22.32%; the TTM figure through Jun 2026 stood at 22.4% (down 375.0% YoY), while the FY2025 annual figure was 22.4%, down 325.0% from the prior year.
- Tax Rate eased to 22.32% in Q2 2026 per PPG's latest filing, from 25.53% in the prior quarter.
- Across five years, Tax Rate topped out at 86.42% in Q4 2024 and bottomed at 18.9% in Q3 2022.
- Historically, Tax Rate has averaged 30.61% across 5 years, with a median of 22.98% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate surged 4767 bps — and 2025, when it slumped 6637 bps.
- Ppg Industries' Tax Rate stood at 23.21% in 2022, then soared by 151 bps to 58.21% in 2023, then soared by 48 bps to 86.42% in 2024, then sank by 77 bps to 20.05% in 2025, then rose by 11 bps to 22.32% in 2026.
- Business Quant data shows PPG's Tax Rate at 22.32% in Q2 2026, 25.53% in Q1 2026, and 20.05% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 23.96% |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | 24.17% |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | 22.33% |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | 26.60% |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 22.32% |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | -41.34% |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 29.21% |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 48.44% |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 28.20% |
| 10 | Albemarle | 15.88 Bn | 14.25 Bn | 590.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.32% |
| Jun 30, 2026 | 22.32% |
| Jun 30, 2026 | 22.32% |
| 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% |