PPG Industries (FRA:PPQ) Tax Rate %: 22.32% (As of Jun. 2026)

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FRA:PPQ PPG Industries Inc FRA:PPQ
89 GF Score
Price €99.56
GF Value €117.20
Valuation Modestly Undervalued
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What is PPG Industries Tax Rate %?

PPG Industries FRA:PPQ -1.81% 89 Tax Rate % is 22.32% as of Jun. 2026. GuruFocus rates FRA:PPQ with a GF Score™ of 89/100 and a GF Value™ of €117.20 (Modestly Undervalued).

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. PPG Industries's Tax Expense for the three months ended in Jun. 2026 was €110 Mil. PPG Industries's Pre-Tax Income for the three months ended in Jun. 2026 was €494 Mil. Therefore, PPG Industries's Tax Rate % for the quarter that ended in Jun. 2026 was 22.32%.

PPG Industries Tax Rate % Related Terms

PPG Industries Tax Rate % Historical Data

* Premium members only.

The historical data trend for PPG Industries's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PPG Industries Tax Rate % Chart

PPG Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.61 23.62 25.33 25.65 22.40

PPG Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.41 21.22 20.05 25.53 22.32
FRA:PPQ
89GF Score
PPG Industries Inc FRA:PPQ
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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PPG Industries Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

PPG Industries's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=391.132/1746.43
=22.40 %

PPG Industries's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=110.236/493.892
=22.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 22.32% mean?
PPG Industries (FRA:PPQ) has a Tax Rate % of 22.32% as of Jun. 2026.
Is PPG Industries' Tax Rate % too high?
PPG Industries' current Tax Rate % is 22.32%. Overall, PPG Industries has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PPG Industries' Tax Rate % compare to LYB and IFF?
PPG Industries' Tax Rate % of 22.32% can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Chemicals company?
A good Tax Rate % depends on the Chemicals industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. PPG Industries's current Tax Rate % is 22.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPG Industries stock overvalued right now?
Based on GuruFocus' analysis, PPG Industries (FRA:PPQ) is currently considered Modestly Undervalued. The stock's GF Value™ is €117.20, compared to a current price of €99.56 — trading 15.1% below its estimated fair value. The current Tax Rate % is 22.32%. PPG Industries' overall GF Score™ is 89/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For PPG Industries (FRA:PPQ), the current Tax Rate % is 22.32% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PPG Industries (FRA:PPQ) Overvalued in 2026?

Based on GuruFocus' analysis, PPG Industries stock appears to be undervalued. The current stock price of €99.56 is trading 15.1% below its estimated GF Value™ of €117.20. GuruFocus considers PPG Industries to be Modestly Undervalued.

Key valuation signals for FRA:PPQ:

  • Tax Rate %: 22.32%
  • GF Value™: €117.20 vs. price of €99.56 (15.1% below fair value)
  • GF Score™: 89/100

No single metric tells the full story. See the FRA:PPQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PPG Industries Business Description

Address One PPG Place, Pittsburgh, PA, USA, 15272
PPG is the world's second-largest producer of paints and coatings. PPG's products are sold to a wide variety of end users, including industrial segments such as automotive, aerospace, and protective and marine, as well as paint contractors and do-it-yourself customers. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years.
89GF Score

Get the complete analysis for FRA:PPQ

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€99.56
Price
€117.20
GF Value