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
DateValue
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