PPG Stock Analysis: PPG Industries | NYSE
Specialty Chemicals | NYSE, USA | Market Cap: 23.679m USD | 12M Return: 8.5% | US6935061076 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 176M
EPS Trend: 3.5%
Qual. Beats: 0
Rev. Trend: -65.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
PPG Industries, Inc. is a global manufacturer and distributor of paints, coatings, and specialty materials, serving customers across the U.S., Canada, Asia Pacific, Latin America, Europe, the Middle East, and Africa. The company operates through three segments: Global Architectural Coatings, which supplies decorative coatings, adhesives, sealants, and related chemicals; Performance Coatings, which offers aerospace, automotive refinishing, protective and marine coatings, and traffic solutions such as pavement marking technologies; and Industrial Coatings, which provides automotive OEM, industrial, and packaging coatings along with specialty products like optical monomers and low-friction coatings. Products are delivered through company-owned stores, home centers, retail outlets, paint dealers, distributors, and direct sales to manufacturing and retail customers. Founded in 1883 and headquartered in Pittsburgh, Pennsylvania, PPG is listed on the NYSE under the ticker PPG and is classified within the Materials sector as a large-cap specialty chemicals company.
- Industrial coatings margins pressured by weak European auto OEM demand
- Architectural coatings sales track US housing and renovation cycle
- Aerospace coatings revenue grows on rising commercial aircraft build rates
| Net Income: 1.57b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 2.62 > 1.0 |
| NWC/Revenue: 18.46% < 20% (prev 16.61%; Δ 1.86% < -1%) |
| CFO/TA 0.10 > 3% & CFO 2.16b > Net Income 1.57b |
| Net Debt (6.44b) to EBITDA (2.78b): 2.31 < 3 |
| Current Ratio: 1.58 > 1.5 & < 3 |
| Outstanding Shares: last quarter (223.9m) vs 12m ago -1.67% < -2% |
| Gross Margin: 40.09% > 18% (prev 40.85%; Δ -0.76% > 0.5%) |
| Asset Turnover: 73.58% > 50% (prev 66.15%; Δ 7.43% > 0%) |
| Interest Coverage Ratio: 8.80 > 6 (EBIT TTM 2.24b / Interest Expense TTM 255.0m) |
| A: 0.13 (Total Current Assets 8.26b - Total Current Liabilities 5.23b) / Total Assets 22.5b |
| B: 1.04 (Retained Earnings 23.4b / Total Assets 22.5b) |
| C: 0.10 (EBIT TTM 2.24b / Avg Total Assets 22.3b) |
| D: 0.61 (Book Value of Equity 8.44b / Total Liabilities 13.9b) |
| Altman-Z'' = 5.59 = AAA |
| DSRI: 0.90 (Receivables 3.91b/3.89b, Revenue 16.4b/14.6b) |
| GMI: 1.02 (GM 40.85% / 40.09%) |
| AQI: 0.99 (AQ_t 0.43 / AQ_t-1 0.43) |
| SGI: 1.12 (Revenue 16.4b / 14.6b) |
| TATA: -0.03 (NI 1.57b - CFO 2.16b) / TA 22.5b) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of October 14, 2026, the stock is trading at USD 104.55 with a total of 1,719,217 shares traded. Over the past week, the price has changed by -1.85%, over one month by -0.67%, over three months by -7.59% and over the past year by +8.52%.
Current recommended Stop Loss: 101.20 (which is 3.2% or 1.5 ATR below the current price).
PPG Industries has received a consensus analysts rating of 3.92. Therefore, it is recommended to buy PPG.
- StrongBuy: 10
- Buy: 2
- Hold: 12
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 125.7 | 20.2% |
P/E Trailing = 15.3046
P/E Forward = 12.4069
P/S = 1.442
P/B = 2.8225
P/EG = 1.5318
Revenue TTM = 16.4b USD
EBIT TTM = 2.24b USD
EBITDA TTM = 2.78b USD
Long Term Debt = 6.20b USD (from longTermDebt, last quarter)
Short Term Debt = 826.0m USD (from shortTermDebt, last quarter)
Debt = 8.03b USD (from shortLongTermDebtTotal, last quarter) + Leases 573.0m
Net Debt = 6.44b USD (calculated: Debt 8.03b - CCE 1.59b)
Enterprise Value = 30.1b USD (23.7b + Debt 8.03b - CCE 1.59b)
Interest Coverage Ratio = 8.80 (Ebit TTM 2.24b / Interest Expense TTM 255.0m)
EV/FCF = 21.41x (Enterprise Value 30.1b / FCF TTM 1.41b)
FCF Yield = 4.67% (FCF TTM 1.41b / Enterprise Value 30.1b)
FCF Margin = 8.57% (FCF TTM 1.41b / Revenue TTM 16.4b)
Net Margin = 9.57% (Net Income TTM 1.57b / Revenue TTM 16.4b)
Gross Margin = 40.09% ((Revenue TTM 16.4b - Cost of Revenue TTM 9.84b) / Revenue TTM)
Gross Margin QoQ = 40.22% (prev 42.11%)
Tobins Q-Ratio = 1.34 (Enterprise Value 30.1b / Total Assets 22.5b)
Interest Expense / Debt = 3.17% (Interest Expense 255.0m / Debt 8.03b)
Taxrate = 22.40% (455.0m / 2.03b)
NOPAT = 1.74b (EBIT 2.24b * (1 - 22.40%))
Current Ratio = 1.58 (Total Current Assets 8.26b / Total Current Liabilities 5.23b)
Debt / Equity = 0.95 (Debt 8.03b / totalStockholderEquity, last quarter 8.44b)
Debt / EBITDA = 2.31 (Net Debt 6.44b / EBITDA 2.78b)
Debt / FCF = 4.58 (Net Debt 6.44b / FCF TTM 1.41b)
Total Stockholder Equity = 8.07b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.04% (Net Income 1.57b / Total Assets 22.5b)
RoE = 19.47% (Net Income TTM 1.57b / Total Stockholder Equity 8.07b)
RoCE = 15.73% (EBIT 2.24b / Capital Employed (Equity 8.07b + L.T.Debt 6.20b))
RoIC = 10.06% (NOPAT 1.74b / Invested Capital 17.3b)
WACC = 7.43% (E(23.7b)/V(31.7b) * Re(9.12%) + D(8.03b)/V(31.7b) * Rd(3.17%) * (1-Tc(0.22)))
Discount Rate = 9.12% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.27 | Cagr: -2.48%
[DCF] Terminal Value 77.97% ; FCFF base≈1.16b ; Y1≈1.33b ; Y5≈1.96b
[DCF] Fair Price = 104.0 (EV 29.6b - Net Debt 6.44b = Equity 23.1b / Shares 222.3m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 3.47 | EPS CAGR: 0.10% | SUE: -0.56 | # QB: 0
Revenue Correlation: -65.15 | Revenue CAGR: -6.47% | SUE: 0.19 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.13 | Chg30d=-0.10% | Revisions=+11% | Analysts=19
EPS current Year (2026-12-31): EPS=7.90 | Chg30d=-0.00% | Revisions=-5% | GrowthEPS=+4.2% | GrowthRev=+5.8%
EPS next Year (2027-12-31): EPS=8.64 | Chg30d=-0.33% | Revisions=-5% | GrowthEPS=+9.5% | GrowthRev=+3.3%
[Analyst] Revisions Ratio: +0% (up=26, down=26)