(PPG) PPG Industries - Overview
Sector: Basic Materials | Industry: Specialty Chemicals | Exchange: NYSE (USA) | Market Cap: 22.878m USD | Total Return: 0.5% in 12m
Avg Turnover: 176M
EPS Trend: 35.6%
Qual. Beats: 1
Rev. Trend: -76.9%
Qual. Beats: 0
Warnings
Choppy
Tailwinds
No distinct edge detected
PPG Industries, Inc. is a global manufacturer and distributor of paints, coatings, and specialty materials, serving diverse end-markets across three primary segments: Global Architectural Coatings, Performance Coatings, and Industrial Coatings. Founded in 1883 and headquartered in Pittsburgh, the company utilizes a multi-channel distribution strategy that includes company-owned stores, retail outlets, and direct-to-manufacturer sales.
The business model relies heavily on industrial supply chains, providing critical inputs such as aerospace coatings, automotive OEM finishes, and packaging materials. As a major player in the Specialty Chemicals sub-industry, PPGs performance is often linked to global industrial production cycles and raw material price volatility.
Investors may find ValueRay useful for deeper analysis of these market trends.
The company’s portfolio extends beyond traditional decorative paint into high-technology applications, including optical monomers and low-friction coatings. This technical diversification allows the firm to service both consumer-facing retail sectors and specialized heavy industries like marine and infrastructure development.
- Raw material cost volatility impacts operating margins and bottom-line profitability
- Global automotive production volume dictates performance in industrial coatings segment
- High interest rates dampen demand across architectural and residential construction markets
- Strategic portfolio restructuring and divestitures influence long-term capital allocation efficiency
- Aerospace sector recovery accelerates revenue growth in high-margin performance coatings segment
| Net Income: 1.58b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 1.83 > 1.0 |
| NWC/Revenue: 18.71% < 20% (prev 14.08%; Δ 4.63% < -1%) |
| CFO/TA 0.09 > 3% & CFO 1.99b > Net Income 1.58b |
| Net Debt (6.69b) to EBITDA (2.79b): 2.40 < 3 |
| Current Ratio: 1.61 > 1.5 & < 3 |
| Outstanding Shares: last quarter (224.4m) vs 12m ago -1.97% < -2% |
| Gross Margin: 40.56% > 18% (prev 0.41%; Δ 4.01k% > 0.5%) |
| Asset Turnover: 74.48% > 50% (prev 69.34%; Δ 5.14% > 0%) |
| Interest Coverage Ratio: 9.16 > 6 (EBITDA TTM 2.79b / Interest Expense TTM 246.0m) |
| A: 0.14 (Total Current Assets 7.97b - Total Current Liabilities 4.95b) / Total Assets 22.1b |
| B: 1.05 (Retained Earnings 23.2b / Total Assets 22.1b) |
| C: 0.10 (EBIT TTM 2.25b / Avg Total Assets 21.6b) |
| D: 1.58 (Book Value of Equity 22.0b / Total Liabilities 13.9b) |
| Altman-Z'' = 6.66 = AAA |
| DSRI: 0.97 (Receivables 3.68b/3.43b, Revenue 16.1b/14.7b) |
| GMI: 1.01 (GM 40.56% / 40.89%) |
| AQI: 1.01 (AQ_t 0.43 / AQ_t-1 0.43) |
| SGI: 1.10 (Revenue 16.1b / 14.7b) |
| TATA: -0.02 (NI 1.58b - CFO 1.99b) / TA 22.1b) |
| Beneish M = -2.98 (Cap -4..+1) = A |
As of May 24, 2026, the stock is trading at USD 106.63 with a total of 1,164,266 shares traded.
Over the past week, the price has changed by +5.01%,
over one month by -1.64%,
over three months by -13.46% and
over the past year by +0.52%.
PPG Industries has received a consensus analysts rating of 3.62. Therefore, it is recommended to hold PPG.
- StrongBuy: 7
- Buy: 2
- Hold: 17
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 122.8 | 15.1% |
P/E Forward = 13.8313
P/S = 1.4192
P/B = 3.0148
P/EG = 1.4122
Revenue TTM = 16.1b USD
EBIT TTM = 2.25b USD
EBITDA TTM = 2.79b USD
Long Term Debt = 6.41b USD (from longTermDebt, last quarter)
Short Term Debt = 874.0m USD (from shortTermDebt, last quarter)
Debt = 8.32b USD (from shortLongTermDebtTotal, last quarter) + Leases 587.0m
Net Debt = 6.69b USD (calculated: Debt 8.32b - CCE 1.62b)
Enterprise Value = 29.6b USD (22.9b + Debt 8.32b - CCE 1.62b)
Interest Coverage Ratio = 9.16 (Ebit TTM 2.25b / Interest Expense TTM 246.0m)
EV/FCF = 24.10x (Enterprise Value 29.6b / FCF TTM 1.23b)
FCF Yield = 4.15% (FCF TTM 1.23b / Enterprise Value 29.6b)
FCF Margin = 7.61% (FCF TTM 1.23b / Revenue TTM 16.1b)
Net Margin = 9.83% (Net Income TTM 1.58b / Revenue TTM 16.1b)
Gross Margin = 40.56% ((Revenue TTM 16.1b - Cost of Revenue TTM 9.58b) / Revenue TTM)
Gross Margin QoQ = 42.11% (prev 37.40%)
Tobins Q-Ratio = 1.34 (Enterprise Value 29.6b / Total Assets 22.1b)
Interest Expense / Debt = 2.96% (Interest Expense 246.0m / Debt 8.32b)
Taxrate = 25.53% (132.0m / 517.0m)
NOPAT = 1.68b (EBIT 2.25b * (1 - 25.53%))
Current Ratio = 1.61 (Total Current Assets 7.97b / Total Current Liabilities 4.95b)
Debt / Equity = 1.03 (Debt 8.32b / totalStockholderEquity, last quarter 8.10b)
Debt / EBITDA = 2.40 (Net Debt 6.69b / EBITDA 2.79b)
Debt / FCF = 5.45 (Net Debt 6.69b / FCF TTM 1.23b)
Total Stockholder Equity = 4.98b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.32% (Net Income 1.58b / Total Assets 22.1b)
RoE = 31.80% (Net Income TTM 1.58b / Total Stockholder Equity 4.98b)
RoCE = 19.78% (EBIT 2.25b / Capital Employed (Equity 4.98b + L.T.Debt 6.41b))
RoIC = 9.28% (NOPAT 1.68b / Invested Capital 18.1b)
WACC = 7.23% (E(22.9b)/V(31.2b) * Re(9.06%) + D(8.32b)/V(31.2b) * Rd(2.96%) * (1-Tc(0.26)))
Discount Rate = 9.06% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.88 | Cagr: -2.45%
[DCF] Terminal Value 77.97% ; FCFF base≈1.05b ; Y1≈1.20b ; Y5≈1.77b
[DCF] Fair Price = 89.54 (EV 26.7b - Net Debt 6.69b = Equity 20.0b / Shares 222.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 35.63 | EPS CAGR: 1.68% | SUE: 1.37 | # QB: 1
Revenue Correlation: -76.94 | Revenue CAGR: -7.89% | SUE: 0.12 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.24 | Chg30d=+0.17% | Revisions=-11% | Analysts=18
EPS next Quarter (2026-09-30): EPS=2.12 | Chg30d=-2.33% | Revisions=-40% | Analysts=17
EPS current Year (2026-12-31): EPS=7.87 | Chg30d=+0.40% | Revisions=+20% | GrowthEPS=+3.9% | GrowthRev=+4.9%
EPS next Year (2027-12-31): EPS=8.64 | Chg30d=+0.97% | Revisions=+40% | GrowthEPS=+9.8% | GrowthRev=+3.6%
[Analyst] Revisions Ratio: -40%