diff --git a/lib/matplotlib/ticker.py b/lib/matplotlib/ticker.py
index a2be7cbd805e..982c867ec3b7 100644
--- a/lib/matplotlib/ticker.py
+++ b/lib/matplotlib/ticker.py
@@ -1140,7 +1140,7 @@ class PercentFormatter(Formatter):
def __init__(self, xmax=100, decimals=None, symbol='%'):
self.xmax = xmax + 0.0
self.decimals = decimals
- self.symbol = symbol
+ self.symbol = symbol.replace('%', r'\%') if rcParams['text.usetex'] else symbol
def __call__(self, x, pos=None):
"""
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