PPG Industries (PPG) Effective tax rates — Quarterly & Annual

Screener

Effective tax rates at other companies

Illinois Tool WorksITW

$0.240.0%

3MMMM

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Sherwin-WilliamsSHW

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APO

Apogee EnterprisesAPOG

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Other financials

Income statement

Revenue$4.5B+7.2%

Gross profit$1.8B+2.6%

Operating income$743.0M0.0%

Net income$437.0M-2.9%

EPS (diluted)$1.95-1.5%

Balance sheet

Cash & equivalents$1.5B-2.6%

Total debt$6.8B+3.6%

Total equity$8.4B+11.4%

Total assets$22.5B+2.0%

Cash flow

Operating cash flow$559.0M+44.4%

CapEx$113.0M-6.6%

Free cash flow$446.0M+67.7%

Valuation

Market cap$26.61B+10.7%

Enterprise value$31.87B+9.8%

P/E16.9×—

P/S1.6×0.0×

Profitability

Gross margin40.9%+0.1pp

Operating margin17.1%—

Net margin9.6%—

FCF margin8.6%+3.0pp

Returns & leverage

Return on equity19.6%—

Debt / equity0.8×-0.1×

Current ratio1.6×+0.2×

Where this comes from

Reported directly by PPG Industries in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateContinuingOperations.

The source filing: PPG Industries’s 10-Q, filed April 29, 2026.

Filed: Apr 29, 2026, 3:03 PM EDT
Fiscal quarter: Q1 FY2026
Calendar quarter: Q1 2026
Accession: 0000079879-26-000170

Line item	Three Months Ended March 31 / 2026	Three Months Ended March 31 / 2025
Effective tax rate on Income before income taxes	25.5%	24.3%

Item 1. Financial Statements (Unaudited):

FAQ

What is PPG Industries's effective tax rates?: PPG Industries (PPG) reported effective tax rates of $0.26 in Q1 2026.
How has PPG Industries's effective tax rates changed year-over-year?: PPG Industries's effective tax rates increased by 4.9% year-over-year, from $0.24 to $0.26.

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