PPG Stock Analysis: PPG Industries | NYSE
Specialty Chemicals | NYSE, USA | Market Cap: 25.367m USD | 12M Return: 4.9% | US6935061076 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 198M
EPS Trend: 3.5%
Qual. Beats: 0
Rev. Trend: -65.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 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 is a global manufacturer of paints, coatings, and specialty materials, headquartered in Pittsburgh, Pennsylvania and incorporated in 1883. The company is listed on the NYSE under the ticker PPG and is classified as a Large Cap stock within the Materials sector (Specialty Chemicals sub-industry), having IPOd on April 6, 1983.
PPG operates through three reportable segments: Global Architectural Coatings (decorative paints, adhesives, sealants, stains, and related chemicals sold to consumers and contractors); Performance Coatings (aerospace, automotive refinish, protective and marine coatings, and traffic/pavement marking solutions); and Industrial Coatings (automotive OEM, general industrial, packaging, and specialty products such as optical monomers and low-friction coatings).
Distribution is multi-channel and reflects the dual nature of the business model: architectural products reach end users through company-owned paint stores, home centers, retail outlets, dealers, and independent distributors, while industrial customers are served through company-owned distribution networks and direct sales to manufacturing and retail clients. PPGs global footprint spans the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa, making it a globally diversified coatings player with exposure to cyclical end-markets including construction, automotive OEM and refinish, aerospace, marine, and industrial manufacturing.
- Architectural coatings volume softens on weak U.S. housing demand
- Industrial Coatings margins pressured by raw material costs
- Aerospace coatings revenue accelerates with rising jet production
| 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 August 18, 2026, the stock is trading at USD 113.44 with a total of 949,318 shares traded. Over the past week, the price has changed by -1.77%, over one month by -2.74%, over three months by +10.12% and over the past year by +4.90%.
Current recommended Stop Loss: 105.90 (which is 6.6% or 2.3 ATR below the current price).
PPG Industries has received a consensus analysts rating of 3.78. Therefore, it is recommended to hold PPG.
- StrongBuy: 8
- Buy: 2
- Hold: 13
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 126.2 | 11.2% |
P/E Trailing = 16.3481
P/E Forward = 14.7059
P/S = 1.5448
P/B = 3.0405
P/EG = 1.8162
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 = 31.8b USD (25.4b + Debt 8.03b - CCE 1.59b)
Interest Coverage Ratio = 8.80 (Ebit TTM 2.24b / Interest Expense TTM 255.0m)
EV/FCF = 22.60x (Enterprise Value 31.8b / FCF TTM 1.41b)
FCF Yield = 4.42% (FCF TTM 1.41b / Enterprise Value 31.8b)
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 = 1.41 (Enterprise Value 31.8b / 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 = 5.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.04% (Net Income 1.57b / Total Assets 22.5b)
RoE = 30.22% (Net Income TTM 1.57b / Total Stockholder Equity 5.20b)
RoCE = 19.69% (EBIT 2.24b / Capital Employed (Equity 5.20b + L.T.Debt 6.20b))
RoIC = 10.06% (NOPAT 1.74b / Invested Capital 17.3b)
WACC = 7.41% (E(25.4b)/V(33.4b) * Re(8.97%) + D(8.03b)/V(33.4b) * Rd(3.17%) * (1-Tc(0.22)))
Discount Rate = 8.97% (= 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=2.14 | Chg30d=+0.26% | Revisions=+0% | Analysts=18
EPS current Year (2026-12-31): EPS=7.88 | Chg30d=+0.09% | Revisions=+0% | GrowthEPS=+4.0% | GrowthRev=+5.6%
EPS next Year (2027-12-31): EPS=8.68 | Chg30d=+0.14% | Revisions=+0% | GrowthEPS=+10.1% | GrowthRev=+3.4%
[Analyst] Revisions Ratio: +0% (up=13, down=13)