Discontinued — last reported Q4 '20

Other

Effective Income Tax Rate Reconciliation, Percent

PPG Industries Effective Income Tax Rate Reconciliation, Percent increased by 4.9% to $0.26 in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $0.24 to $0.26. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOther
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2017
Last reportedQ4 2020

How to read this metric

A lower rate generally improves net income, while a higher rate may indicate increased tax liabilities or fewer tax credits.

Detailed definition

This metric represents the total effective income tax rate applied to earnings from continuing operations. It is calcula...

Peer comparison

A standard financial ratio reported by all public companies to explain their tax efficiency.

Metric ID: other_effective_income_tax_rate_continuing_operations

Historical Data

7 periods
 Q2 '21Q1 '22Q1 '23Q2 '23Q1 '24Q1 '25Q1 '26
Value$0.02$0.71$0.23$0.00$0.24$0.24$0.26
QoQ Change>999%-67.8%-99.1%>999%+3.0%+4.9%
YoY Change-67.8%+4.0%+3.0%+4.9%
Range$0.00$0.71
CAGR+397.2%
Avg YoY Growth-14.0%
Median YoY Growth+3.5%
Current Streak3 quarters growth

Frequently Asked Questions

What is PPG Industries's effective income tax rate reconciliation, percent?
PPG Industries (PPG) reported effective income tax rate reconciliation, percent of $0.26 in Q1 2026.
How has PPG Industries's effective income tax rate reconciliation, percent changed year-over-year?
PPG Industries's effective income tax rate reconciliation, percent increased by 4.9% year-over-year, from $0.24 to $0.26.
What does effective income tax rate reconciliation, percent mean?
The actual percentage of pre-tax income paid as income taxes from ongoing business operations.