Overview Dividends

(PPG) PPG Industries - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6935061076

Paints, Coatings, Sealants, Adhesives, Specialty Materials

PPG EPS (Earnings per Share)

EPS Growth (3Y CAGR): 22.46%
EPS Trend (3Y Correlation): 38.1%

PPG Revenue

Revenue Growth (3Y CAGR): -0.90%
Revenue Trend (3Y Correlation): -37.7%

Description: PPG PPG Industries October 16, 2025

PPG Industries (NYSE: PPG) is a global manufacturer and distributor of paints, coatings, and specialty materials, operating across three business segments: Global Architectural Coatings, Performance Coatings, and Industrial Coatings. The company serves a broad customer base that includes contractors, OEMs, aerospace and automotive manufacturers, infrastructure agencies, and packaging producers in North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.

Key recent metrics (FY 2023) show revenue of roughly $19.2 billion, adjusted earnings per share of $5.20, and free cash flow of $2.1 billion, reflecting an operating margin near 11 %. The business is highly sensitive to macro-drivers such as U.S. residential construction spending, global automotive production volumes, and aerospace fleet-maintenance cycles, all of which influence demand for architectural and performance coatings. Raw-material cost volatility-particularly for epoxy resins and titanium dioxide-remains a material risk to margins.

For a deeper, data-driven analysis of PPG’s valuation sensitivities, peer benchmarks, and scenario modeling, the ValueRay platform provides a granular dashboard that can help you extend this initial assessment.

PPG Stock Overview

Market Cap in USD	21,935m
Sub-Industry	Specialty Chemicals
IPO / Inception	1983-04-06

PPG Stock Ratings

Growth Rating	-48.4%
Fundamental	56.8%
Dividend Rating	64.3%
Return 12m vs S&P 500	-35.8%
Analyst Rating	3.62 of 5

PPG Dividends

Dividend Yield 12m	3.64%
Yield on Cost 5y	2.75%
Annual Growth 5y	6.09%
Payout Consistency	100.0%
Payout Ratio	36.2%

PPG Growth Ratios

Growth Correlation 3m	-80.2%
Growth Correlation 12m	-66.5%
Growth Correlation 5y	-57.1%
CAGR 5y	-4.59%
CAGR/Max DD 3y (Calmar Ratio)	-0.12
CAGR/Mean DD 3y (Pain Ratio)	-0.35
Sharpe Ratio 12m	-0.35
Alpha	-44.08
Beta	1.149
Volatility	29.84%
Current Volume	2955.4k
Average Volume 20d	1519k
Stop Loss	92 (-3.1%)
Signal	-0.84

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (996.0m TTM) > 0 and > 6% of Revenue (6% = 847.6m TTM)

FCFTA 0.03 (>2.0%) and ΔFCFTA -3.02pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 18.48% (prev 16.70%; Δ 1.79pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.02 (>3.0%) and CFO 346.0m <= Net Income 996.0m (YES >=105%, WARN >=100%)

Net Debt (6.08b) to EBITDA (2.39b) ratio: 2.55 <= 3.0 (WARN <= 3.5)

Current Ratio 1.47 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (226.5m) change vs 12m ago -3.33% (target <= -2.0% for YES)

Gross Margin 40.46% (prev 42.25%; Δ -1.79pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 64.21% (prev 79.93%; Δ -15.72pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 7.94 (EBITDA TTM 2.39b / Interest Expense TTM 240.0m) >= 6 (WARN >= 3)

Altman Z'' 6.30

(A) 0.12 = (Total Current Assets 8.22b - Total Current Liabilities 5.61b) / Total Assets 22.14b

(B) 1.03 = Retained Earnings (Balance) 22.80b / Total Assets 22.14b

warn (B) unusual magnitude: 1.03 — check mapping/units

(D) 1.52 = Book Value of Equity 21.51b / Total Liabilities 14.19b

Total Rating: 6.30 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 56.78

1. Piotroski 4.50pt = -0.50

2. FCF Yield 2.24% = 1.12

3. FCF Margin 4.42% = 1.11

4. Debt/Equity 1.01 = 2.01

5. Debt/Ebitda 2.55 = -1.04

6. ROIC - WACC (= 3.10)% = 3.87

7. RoE 13.70% = 1.14

8. Rev. Trend -37.71% = -2.83

9. EPS Trend 38.09% = 1.90

What is the price of PPG shares?

As of November 04, 2025, the stock is trading at USD 94.96 with a total of 2,955,398 shares traded.
Over the past week, the price has changed by -9.95%, over one month by -9.07%, over three months by -8.96% and over the past year by -22.09%.

Is PPG Industries a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, PPG Industries is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 56.78 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PPG is around 84.79 USD . This means that PPG is currently overvalued and has a potential downside of -10.71%.

Is PPG a buy, sell or hold?

PPG Industries has received a consensus analysts rating of 3.62. Therefor, it is recommend to hold PPG.

Strong Buy: 7
Buy: 2
Hold: 17
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the PPG price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	121.3	27.7%
Analysts Target Price	121.3	27.7%
ValueRay Target Price	93.9	-1.2%

PPG Fundamental Data Overview November 02, 2025

Market Cap USD = 21.94b (21.94b USD * 1.0 USD.USD)
P/E Trailing = 17.4866
P/E Forward = 12.2399
P/S = 1.398
P/B = 3.1134
P/EG = 0.6803
Beta = 1.149
Revenue TTM = 14.13b USD
EBIT TTM = 1.91b USD
EBITDA TTM = 2.39b USD
Long Term Debt = 4.88b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.55b USD (from shortTermDebt, last quarter)
Debt = 7.91b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.08b USD (from netDebt column, last quarter)
Enterprise Value = 27.94b USD (21.94b + Debt 7.91b - CCE 1.91b)
Interest Coverage Ratio = 7.94 (Ebit TTM 1.91b / Interest Expense TTM 240.0m)
FCF Yield = 2.24% (FCF TTM 625.0m / Enterprise Value 27.94b)
FCF Margin = 4.42% (FCF TTM 625.0m / Revenue TTM 14.13b)
Net Margin = 7.05% (Net Income TTM 996.0m / Revenue TTM 14.13b)
Gross Margin = 40.46% ((Revenue TTM 14.13b - Cost of Revenue TTM 8.41b) / Revenue TTM)
Gross Margin QoQ = 40.57% (prev 42.03%)
Tobins Q-Ratio = 1.26 (Enterprise Value 27.94b / Total Assets 22.14b)
Interest Expense / Debt = 0.82% (Interest Expense 65.0m / Debt 7.91b)
Taxrate = 21.22% (118.0m / 556.0m)
NOPAT = 1.50b (EBIT 1.91b * (1 - 21.22%))
Current Ratio = 1.47 (Total Current Assets 8.22b / Total Current Liabilities 5.61b)
Debt / Equity = 1.01 (Debt 7.91b / totalStockholderEquity, last quarter 7.80b)
Debt / EBITDA = 2.55 (Net Debt 6.08b / EBITDA 2.39b)
Debt / FCF = 9.73 (Net Debt 6.08b / FCF TTM 625.0m)
Total Stockholder Equity = 7.27b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.50% (Net Income 996.0m / Total Assets 22.14b)
RoE = 13.70% (Net Income TTM 996.0m / Total Stockholder Equity 7.27b)
RoCE = 15.69% (EBIT 1.91b / Capital Employed (Equity 7.27b + L.T.Debt 4.88b))
RoIC = 10.80% (NOPAT 1.50b / Invested Capital 13.90b)
WACC = 7.70% (E(21.94b)/V(29.85b) * Re(10.25%) + D(7.91b)/V(29.85b) * Rd(0.82%) * (1-Tc(0.21)))
Discount Rate = 10.25% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.30%
[DCF Debug] Terminal Value 70.37% ; FCFE base≈885.8m ; Y1≈873.3m ; Y5≈900.5m
Fair Price DCF = 49.74 (DCF Value 11.16b / Shares Outstanding 224.4m; 5y FCF grow -2.27% → 3.0% )
EPS Correlation: 38.09 | EPS CAGR: 22.46% | SUE: 0.90 | # QB: 1
Revenue Correlation: -37.71 | Revenue CAGR: -0.90% | SUE: 0.06 | # QB: 0

Additional Sources for PPG Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle