PPG Industries, Inc. (PPG) Tax Rate: 22.40%
Is PPG Industries, Inc.’s tax rate high or low?
PPG Industries, Inc.'s tax rate of 22.40% is in line with its 5-year average of 23.16%, around the middle of its 5-year range (20.61%–25.65%).
6.76% below its 12-month average of 24.02%.
PPG Tax Rate Chart
PPG Average Tax Rate Chart
PPG Current vs Average Tax Rate Chart
PPG Tax Rate Metrics
TAX RATE
22.40%
TAX RATE AVG TTM
24.02%
TAX RATE AVG 3Y
24.25%
TAX RATE AVG 5Y
23.16%
TAX RATE AVG 10Y
24.11%
TAX RATE AVG 15Y
23.42%
TAX RATE AVG 20Y
24.77%
CURRENT VS TTM AVG
-6.76%
CURRENT VS 3Y AVG
-7.63%
CURRENT VS 5Y AVG
-3.30%
CURRENT VS 10Y AVG
-7.10%
CURRENT VS 15Y AVG
-4.35%
CURRENT VS 20Y AVG
-9.55%
PPG Industries, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
PPG Industries, Inc. Tax Rate FAQ
- What is the tax rate for PPG Industries, Inc. (PPG)?
- The tax rate for PPG stock is 22.40%.
- Is PPG Industries, Inc.'s tax rate high or low?
- PPG Industries, Inc.'s tax rate of 22.40% is in line with its 5-year average of 23.16%, around the middle of its 5-year range (20.61%–25.65%).
- What is the TTM average tax rate for PPG Industries, Inc. (PPG)?
- The TTM average tax rate for PPG stock is 24.02%.
- What is the 3Y average tax rate for PPG Industries, Inc. (PPG)?
- The 3Y average tax rate for PPG stock is 24.25%.
- What is the 5Y average tax rate for PPG Industries, Inc. (PPG)?
- The 5Y average tax rate for PPG stock is 23.16%.
- What is the 10Y average tax rate for PPG Industries, Inc. (PPG)?
- The 10Y average tax rate for PPG stock is 24.11%.
- What is the 15Y average tax rate for PPG Industries, Inc. (PPG)?
- The 15Y average tax rate for PPG stock is 23.42%.
- What is the 20Y average tax rate for PPG Industries, Inc. (PPG)?
- The 20Y average tax rate for PPG stock is 24.77%.
PPG Industries, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 22.40% |
| 2024-12-31 | 25.65% |
| 2023-12-31 | 25.33% |
| 2022-12-31 | 23.62% |
| 2021-12-31 | 20.61% |
| 2020-12-31 | 21.37% |
| 2019-12-31 | 23.60% |
| 2018-12-31 | 20.85% |
| 2017-12-31 | 30.67% |
| 2016-12-31 | 27.47% |
| 2015-12-31 | 23.67% |
| 2014-12-31 | 17.61% |
| 2013-12-31 | 20.64% |
| 2012-12-31 | 17.87% |
| 2011-12-31 | 21.28% |
| 2010-12-31 | 32.05% |
| 2009-12-31 | 30.96% |
| 2008-12-31 | 31.28% |
| 2007-12-31 | 29.13% |
| 2006-12-31 | 25.05% |
| 2005-12-31 | 28.98% |
| 2004-12-31 | 30.29% |
| 2003-12-31 | 34.76% |
| 2002-12-31 | 25.00% |
| 2001-12-31 | 38.96% |
| 2000-12-31 | 37.31% |
| 1999-12-31 | 39.89% |
| 1998-12-31 | 36.78% |
| 1997-12-31 | 37.86% |
| 1996-12-31 | 38.77% |
Related Metrics
About PPG Industries, Inc.
PPG Industries, Inc. operates globally as a manufacturer and distributor of paints, protective coatings, and various specialty materials. Its Performance Coatings division offers an extensive range of products, including paints, solvents, adhesives, sealants, and software, designed for the repair and refurbishment of automotive and commercial vehicles, light industrial applications, and signage. This segment also supplies advanced coatings, sealants, transparent components (such as transparent armor), engineered materials, and chemical management services to the commercial, military, and general aviation aerospace sectors. Furthermore, it develops protective coatings and finishes for metals and large-scale structures, serving metal fabricators, heavy-duty maintenance contractors, and manufacturers of ships, bridges, and rail cars. Architectural offerings include paints, wood stains, adhesives, and sundry items for both professional contractors and individual consumers for the decoration and upkeep of residential and commercial buildings. Additionally, it provides paints, thermoplastics, and other advanced solutions for pavement marking. The Industrial Coatings segment delivers specialized coatings, adhesives, sealants, and metal pretreatment solutions. These are applied across a diverse array of manufactured goods, including appliances, agricultural and construction machinery, consumer electronics, automotive components, building materials, kitchenware, and transportation vehicles, often supported by on-site application services. This segment also produces coatings specifically for packaging, such as metal cans, closures, plastic tubes, and promotional or specialty containers. Beyond coatings, PPG innovates with unique materials like amorphous precipitated silica for tires and battery separators; TESLIN substrates utilized in labels, e-passports, driver's licenses, and identification cards; as well as organic light-emitting diode (OLED) materials, display and lighting lens components, optical lenses, color-changing technologies, and photochromic dyes. Founded in 1883, PPG Industries, Inc. is headquartered in Pittsburgh, Pennsylvania.
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- CEO
- Timothy Knavish