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% on a QoQ basis from 20.05% in Q4 2025.
Ppg Industries (PPG) has 18 years of Tax Rate data on file, last reported at 25.53% in Q1 2026.
- Quarterly Tax Rate rose 123.0% year-over-year to 25.53% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.72% (down 316.0% YoY) and the FY2025 annual result came in at 22.4%, down 325.0% from the prior year.
- Tax Rate advanced to 25.53% in Q1 2026 per PPG's latest filing, from 20.05% 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.
- The 5-year median for Tax Rate is 23.07% (2023), against an average of 31.1%.
- The widest annual swing landed in 2022, when Tax Rate soared 4767 bps; it then plunged 6637 bps in 2025.
- Tracing PPG's Tax Rate over 5 years: 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 slumped by 77 bps to 20.05% in 2025, then grew by 27 bps to 25.53% in 2026.
- Per Business Quant, the three latest PPG Tax Rate figures stand at 25.53% (Q1 2026), 20.05% (Q4 2025), and 21.22% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.79 Bn | 226.84 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 | 72.51 Bn | 72.30 Bn | 2.78 Bn | 21.34 |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | 13.89 |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 17.96 |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 25.53 |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | -1.46 |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | - |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 17.13 |
| 10 | International Flavors & Fragrances | 19.02 Bn | 18.49 Bn | 1.02 Bn | 18.66 |
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 |
| Sep 30, 2023 | 21.72 |
| Sep 30, 2023 | 21.72 |
| Jun 30, 2023 | 23.07 |
| Jun 30, 2023 | 23.07 |
| Mar 31, 2023 | 22.66 |
| Mar 31, 2023 | 22.66 |
| Dec 31, 2022 | 23.21 |
| Dec 31, 2022 | 23.21 |
| Sep 30, 2022 | 18.90 |
| Sep 30, 2022 | 18.90 |
| Jun 30, 2022 | 20.85 |
| Jun 30, 2022 | 20.85 |
| Mar 31, 2022 | 70.51 |
| Mar 31, 2022 | 70.51 |
| Dec 31, 2021 | 1.42 |
| Dec 31, 2021 | 1.42 |
| Sep 30, 2021 | 21.77 |
| Sep 30, 2021 | 21.77 |
| Jun 30, 2021 | 26.98 |
| Jun 30, 2021 | 26.98 |
| Mar 31, 2021 | 22.85 |
| Mar 31, 2021 | 22.85 |
| Dec 31, 2020 | 19.42 |
| Dec 31, 2020 | 19.42 |
| Sep 30, 2020 | 21.68 |
| Sep 30, 2020 | 21.68 |
| Jun 30, 2020 | 23.02 |
| Jun 30, 2020 | 23.02 |
| Mar 31, 2020 | 22.26 |
| Mar 31, 2020 | 22.26 |
| Dec 31, 2019 | 23.87 |
| Dec 31, 2019 | 23.87 |
| Sep 30, 2019 | 22.66 |
| Sep 30, 2019 | 22.66 |
| Jun 30, 2019 | 23.69 |
| Jun 30, 2019 | 23.69 |
| Mar 31, 2019 | 24.34 |
| Mar 31, 2019 | 24.34 |
| Dec 31, 2018 | 24.27 |
| Dec 31, 2018 | 24.27 |
| Sep 30, 2018 | 17.52 |
| Sep 30, 2018 | 17.52 |
| Jun 30, 2018 | 21.71 |
| Jun 30, 2018 | 21.71 |
| Mar 31, 2018 | 20.67 |
| Mar 31, 2018 | 20.67 |
| Dec 31, 2017 | 59.42 |
| Dec 31, 2017 | 59.42 |
| Sep 30, 2017 | 23.71 |
| Sep 30, 2017 | 23.71 |
| Jun 30, 2017 | 23.82 |
| Jun 30, 2017 | 23.82 |
| Mar 31, 2017 | 24.66 |
| Mar 31, 2017 | 24.66 |
| Dec 31, 2016 | 30.53 |
| Dec 31, 2016 | 30.53 |
| Sep 30, 2016 | 51.64 |
| Sep 30, 2016 | 51.64 |
| Jun 30, 2016 | 45.24 |
| Jun 30, 2016 | 45.24 |
| Mar 31, 2016 | 24.55 |
| Mar 31, 2016 | 24.55 |
| Dec 31, 2015 | 22.73 |
| Dec 31, 2015 | 22.73 |
| Sep 30, 2015 | 24.01 |
| Sep 30, 2015 | 24.01 |
| Jun 30, 2015 | 24.34 |
| Jun 30, 2015 | 24.34 |
| Mar 31, 2015 | 24.19 |
| Mar 31, 2015 | 24.19 |
| Dec 31, 2014 | 3,100.00 |
| Dec 31, 2014 | 3,100.00 |
| Sep 30, 2014 | 23.25 |
| Sep 30, 2014 | 23.25 |
| Jun 30, 2014 | 23.85 |
| Jun 30, 2014 | 23.85 |
| Mar 31, 2014 | 23.92 |
| Mar 31, 2014 | 23.92 |
| Dec 31, 2013 | 22.47 |
| Dec 31, 2013 | 22.47 |
| Sep 30, 2013 | 16.19 |
| Sep 30, 2013 | 16.19 |
| Jun 30, 2013 | 23.22 |
| Jun 30, 2013 | 23.22 |
| Mar 31, 2013 | 18.26 |
| Mar 31, 2013 | 18.26 |
| Dec 31, 2012 | -23.40 |
| Dec 31, 2012 | -23.40 |
| Sep 30, 2012 | 25.10 |
| Sep 30, 2012 | 25.10 |
| Jun 30, 2012 | 22.89 |
| Jun 30, 2012 | 22.89 |
| Mar 31, 2012 | 65.96 |
| Mar 31, 2012 | 65.96 |
| Dec 31, 2011 | 87.91 |
| Dec 31, 2011 | 87.91 |
| Sep 30, 2011 | 25.97 |
| Sep 30, 2011 | 25.97 |
| Jun 30, 2011 | 25.60 |
| Jun 30, 2011 | 25.60 |
| Mar 31, 2011 | 26.21 |
| Mar 31, 2011 | 26.21 |
| Dec 31, 2010 | 21.65 |
| Dec 31, 2010 | 21.65 |
| Sep 30, 2010 | 24.35 |
| Sep 30, 2010 | 24.35 |
| Jun 30, 2010 | 26.94 |
| Jun 30, 2010 | 26.94 |
| Mar 31, 2010 | 71.36 |
| Mar 31, 2010 | 71.36 |
| Dec 31, 2009 | 18.50 |
| Dec 31, 2009 | 18.50 |
| Sep 30, 2009 | 32.73 |
| Sep 30, 2009 | 32.73 |
| Jun 30, 2009 | 33.20 |
| Jun 30, 2009 | 33.20 |
| Mar 31, 2009 | 18.02 |
| Mar 31, 2009 | 18.02 |