Qnity Electronics (Q) Tax Rate (2024 - 2026)
Qnity Electronics' Tax Rate came in at 31.66% for Q2 2026, up 9.31 percentage points from 22.35% a year earlier and up 5.97 percentage points from the prior quarter.
Qnity Electronics (Q) Tax Rate (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Qnity Electronics reported Tax Rate of 28.25%, up 10.42 percentage points year-over-year; for FY2025, it was 24.22%, up 4.58 percentage points from FY2024.
- Going back by year, Tax Rate was 19.64% in FY2024 (+3.98 pp) and 15.66% in FY2023.
- The five-year range for quarterly Tax Rate is 12.65% (Q4 2024) to 42.33% (Q4 2025).
- Year-over-year, Tax Rate has increased for four consecutive quarters, with an average year-over-year change of +11.60 percentage points over the last four quarters.
- Business Quant data shows Q's Tax Rate at 25.69% (Q1 2026), 42.33% (Q4 2025) and 18.01% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | - |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 25.11% |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 29.21% |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 21.50% |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 31.66% |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 20.01% |
| 10 | Ppg Industries | 23.19 Bn | 15.99 Bn | 1.81 Bn | 22.32% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.66% |
| Mar 31, 2026 | 25.69% |
| Dec 31, 2025 | 42.33% |
| Sep 30, 2025 | 18.01% |
| Jun 30, 2025 | 22.35% |
| Mar 31, 2025 | 19.11% |
| Dec 31, 2024 | 12.65% |
| Sep 30, 2024 | 17.20% |
Qnity Electronics Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=Q&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "Q", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=Q&period=max&api_key=YOUR_API_KEY");
const data = await res.json();