A Business at a Glance
0 of 5 daily views used (5 remaining). Sign up free for 10 daily views, or try AAPL for a full preview.
Item 1. Business PPG Industries, Inc. manufactures and distributes a broad range of paints, coatings and specialty products. PPG was incorporated in Pennsylvania in 1883. PPG’s vision is to be the first-choice partner to meet our customers’ evolving needs for innovative paints, coatings and surface solutions to protect and beautify the world. PPG has a proud heritage with a demonstrated commitment to innovation, sustainability, community engagement and development of leading-edge paint, coatings and specialty products. Through dedication and industry-leading expertise, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. PPG is a global leader that markets and sells in more than 50 countries.
| Segment | 2021 | 2022 | 2023 | 2024 | 2025 | % of Total |
|---|---|---|---|---|---|---|
Operating Segments | $10.33B | $10.69B | $11.16B | $6.69B | $6.52B | 26% |
Industrial Coatings Segment | $6.47B | $6.97B | $7.09B | $6.69B | $6.52B | 26% |
Performance Coatings Segment | $10.33B | $10.69B | $11.16B | $5.24B | $5.51B | 22% |
Global Architectural Coatings | — | $3.85B | $4.02B | $3.92B | $3.84B | 15% |
United States and Canada | $4.37B | $4.72B | $4.91B | $2.98B | $3.16B | 12% |
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 15.9B | 15.9B | 15.8B | 16.2B | 17.7B | 16.8B |
| Net Income | 1.6B | 1.6B | 1.1B | 1.3B | 1.0B | 1.4B |
| EPS | $6.94 | $6.94 | $4.75 | $5.35 | $4.32 | $6.01 |
| Free Cash Flow | 1.2B | 1.2B | 699M | 1.9B | 445M | 1.2B |
| ROIC | 12.3% | 13.3% | 10.7% | 15.2% | 11.7% | 13.6% |
| Gross Margin | 41.3% | 41.3% | 41.6% | 40.4% | 37.1% | 38.8% |
| Debt/Equity | 1.08 | 1.08 | 1.08 | 0.88 | 1.21 | 1.19 |
| Dividends/Share | $2.77 | $2.78 | $2.66 | $2.54 | $2.42 | $2.26 |
| Operating Income | 2.3B | 2.3B | 1.8B | 2.7B | 2.0B | 2.2B |
| Operating Margin | 14.3% | 14.3% | 11.6% | 16.5% | 11.6% | 12.9% |
| ROE | 19.8% | 21.4% | 16.4% | 16.2% | 15.6% | 22.9% |
| Shares Outstanding | 227M | 227M | 235M | 237M | 238M | 239M |
PPG INDUSTRIES INC passes 6 of 9 quality checks, suggesting mixed fundamentals.
PPG INDUSTRIES INC trades at 15.9x trailing earnings, compared to its 15-year median P/E of 24.5x, suggesting it is currently Cheap relative to its historical range. On a free-cash-flow basis, the stock trades at 21.2x vs a median of 20.9x. The company's 5-year average ROIC is 12.9% with a gross margin of 39.9%. Total shareholder yield (dividends + buybacks) is 5.7%. At current prices, the estimated annualized return to fair value is -4.0%.
PPG INDUSTRIES INC (PPG) has a current P/E ratio of 15.9, compared to its historical median P/E of 24.5. The stock is currently considered Cheap based on its historical valuation range.
PPG INDUSTRIES INC (PPG) has a 5-year average return on invested capital (ROIC) of 12.9%. This indicates solid capital allocation.
PPG INDUSTRIES INC (PPG) has a market capitalization of $25.0B. It is classified as a large-cap stock.
Yes, PPG INDUSTRIES INC (PPG) pays a dividend with a trailing twelve-month yield of 2.51%. The company also returns capital through share buybacks, with a buyback yield of 3.16%.
Based on historical P/E analysis, PPG INDUSTRIES INC (PPG) appears cheap. The current P/E of 15.9 is 35% below its historical median of 24.5. The estimated fair value CAGR (P/E method) is 1.2%.
PPG INDUSTRIES INC (PPG) operates in the Paints, Varnishes, Lacquers, Enamels & Allied Prods industry, within the Materials sector.
PPG INDUSTRIES INC (PPG) reported annual revenue of $15.9 billion in its most recent fiscal year, based on SEC EDGAR filings.
PPG INDUSTRIES INC (PPG) has a net profit margin of 9.9%. This is a modest margin.
PPG INDUSTRIES INC (PPG) generated $1.2 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
PPG INDUSTRIES INC (PPG) has a debt-to-equity ratio of 1.08. This indicates moderate leverage.
PPG INDUSTRIES INC (PPG) reported earnings per share (EPS) of $6.94 in its most recent fiscal year.
PPG INDUSTRIES INC (PPG) has a return on equity (ROE) of 21.4%. This indicates the company generates strong returns for shareholders.
PPG INDUSTRIES INC (PPG) has a 5-year average gross margin of 39.9%. This indicates decent pricing power.
The Ledger Terminal provides 19 years of financial data for PPG INDUSTRIES INC (PPG), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
PPG INDUSTRIES INC (PPG) has a book value per share of $34.97, based on its most recent annual SEC filing.