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ppg industries inc. - PPG

PPG

Close Chg Chg %
121.30 1.40 1.15%

Closed Market

122.69

+1.40 (1.15%)

Volume: 1.02M

Last Updated:

Nov 21, 2024, 3:59 PM EDT

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Company Overview: ppg industries inc. - PPG

PPG Key Data

Open

$121.04

 Day Range

120.76 - 122.78

52 Week Range

118.07 - 151.12

 Market Cap

$28.14B

Shares Outstanding

232.00M

 Public Float

230.96M

Beta

1.25

 Rev. Per Employee

N/A

P/E Ratio

19.24

 EPS

$6.34

Yield

216.84%

 Dividend

$0.68

EX-DIVIDEND DATE

Nov 12, 2024

 SHORT INTEREST

N/A

AVERAGE VOLUME

1.43M

  

PPG Performance

1 Week
 
 -1.01%
 
1 Month
 
 -4.08%
 
3 Months
 
 -4.14%
 
1 Year
 
 -11.11%
 
5 Years
 
 -3.29%
 

PPG Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 28
Full Ratings ➔

About ppg industries inc. - PPG

PPG Industries, Inc. engages in the manufacture and distribution of paints, coatings, and specialty materials. It operates through the Performance Coatings and Industrial Coatings segments. The Performance Coatings segment supplies a variety of protective and decorative coatings, sealants, and finishes along with pavement marking products, paint strippers, stains, and related chemicals, as well as transparencies and transparent armor. The Industrial Coatings segment includes a variety of protective and decorative coatings and finishes along with adhesives, sealants, metal pretreatment products, optical monomers and coatings, low-friction coatings, precipitated silicas, and other specialty materials. The company was founded by John B. Ford and John A. Pitcairn in 1883 and is headquartered in Pittsburgh, PA.

PPG At a Glance

PPG Industries, Inc.
One PPG Place
Pittsburgh, Pennsylvania 15272
Phone 1-412-434-3131 Revenue 18.25B
Industry Industrial Specialties Net Income 1.27B
Sector Process Industries 2023 Sales Growth 3.365%
Fiscal Year-end 12 / 2024 Employees 53,000
View SEC Filings

PPG Valuation

P/E Current 19.236
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 27.932
Price to Sales Ratio 1.944
Price to Book Ratio 4.491
Price to Cash Flow Ratio 14.713
Enterprise Value to EBITDA 14.387
Enterprise Value to Sales 2.244
Total Debt to Enterprise Value 0.168

PPG Efficiency

Revenue/Employee 344,264.151
Income Per Employee 23,962.264
Receivables Turnover 5.565
Total Asset Turnover 0.861

PPG Liquidity

Current Ratio 1.47
Quick Ratio 1.049
Cash Ratio 0.314

PPG Profitability

Gross Margin 37.80
Operating Margin 12.288
Pretax Margin 9.58
Net Margin 6.96
Return on Assets 5.992
Return on Equity 17.61
Return on Total Capital 8.638
Return on Invested Capital 9.093

PPG Capital Structure

Total Debt to Total Equity 87.717
Total Debt to Total Capital 46.728
Total Debt to Total Assets 31.736
Long-Term Debt to Equity 81.333
Long-Term Debt to Total Capital 43.327
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Ppg Industries Inc. - PPG

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
13.83B 16.80B 17.65B 18.25B
Sales Growth
-8.66% +21.45% +5.06% +3.37%
Cost of Goods Sold (COGS) incl D&A
8.32B 10.89B 11.66B 11.35B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
547.00M 605.00M 567.00M 604.00M
Depreciation
409.00M 433.00M 401.00M 437.00M
Amortization of Intangibles
138.00M 172.00M 166.00M 167.00M
COGS Growth
-9.92% +30.84% +7.09% -2.69%
Gross Income
5.51B 5.91B 5.99B 6.90B
Gross Income Growth
-6.69% +7.28% +1.32% +15.16%
Gross Profit Margin
+39.83% +35.18% +33.93% +37.80%
2020 2021 2022 2023 5-year trend
SG&A Expense
3.76B 4.13B 4.29B 4.66B
Research & Development
379.00M 439.00M 448.00M 433.00M
Other SG&A
3.38B 3.69B 3.84B 4.22B
SGA Growth
-6.47% +9.95% +3.80% +8.51%
Other Operating Expense
- - 42.00M 5.00M
-
Unusual Expense
272.00M (15.00M) 211.00M 441.00M
EBIT after Unusual Expense
1.44B 1.79B 1.49B 1.80B
Non Operating Income/Expense
91.00M 176.00M 84.00M 196.00M
Non-Operating Interest Income
23.00M 26.00M 54.00M 140.00M
Equity in Earnings of Affiliates
8.00M 15.00M 25.00M 21.00M
Interest Expense
166.00M 149.00M 191.00M 249.00M
Interest Expense Growth
+8.50% -10.24% +28.19% +30.37%
Gross Interest Expense
172.00M 149.00M 191.00M 249.00M
Interest Capitalized
- - - 6.00M
-
Pretax Income
1.36B 1.81B 1.38B 1.75B
Pretax Income Growth
-18.00% +33.26% -23.91% +26.57%
Pretax Margin
+9.85% +10.80% +7.82% +9.58%
Income Tax
291.00M 374.00M 325.00M 439.00M
Income Tax - Current - Domestic
18.00M 38.00M 157.00M 118.00M
Income Tax - Current - Foreign
320.00M 301.00M 325.00M 504.00M
Income Tax - Deferred - Domestic
(2.00M) 15.00M (86.00M) (167.00M)
Income Tax - Deferred - Foreign
(45.00M) 20.00M (71.00M) (16.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
8.00M 15.00M 25.00M 21.00M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.07B 1.44B 1.06B 1.31B
Minority Interest Expense
15.00M 21.00M 28.00M 39.00M
Net Income
1.06B 1.42B 1.03B 1.27B
Net Income Growth
-15.04% +34.47% -27.61% +23.54%
Net Margin Growth
+7.63% +8.45% +5.82% +6.96%
Extraordinaries & Discontinued Operations
- 3.00M 19.00M (2.00M)
Discontinued Operations
- 3.00M 19.00M (2.00M)
Net Income After Extraordinaries
1.06B 1.44B 1.03B 1.27B
Preferred Dividends
- - - -
-
Net Income Available to Common
1.06B 1.44B 1.03B 1.27B
EPS (Basic)
4.4721 6.0564 4.3456 5.3814
EPS (Basic) Growth
-14.77% +35.43% -28.25% +23.84%
Basic Shares Outstanding
236.80M 237.60M 236.10M 236.00M
EPS (Diluted)
4.4514 6.0109 4.3236 5.3541
EPS (Diluted) Growth
-14.70% +35.03% -28.07% +23.83%
Diluted Shares Outstanding
237.90M 239.40M 237.30M 237.20M
EBITDA
2.26B 2.38B 2.27B 2.85B
EBITDA Growth
-5.92% +5.41% -4.71% +25.60%
EBITDA Margin
+16.31% +14.15% +12.84% +15.60%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 149.043
Number of Ratings 28 Current Quarters Estimate 1.662
FY Report Date 12 / 2024 Current Year's Estimate 8.17
Last Quarter’s Earnings 2.13 Median PE on CY Estimate N/A
Year Ago Earnings 7.67 Next Fiscal Year Estimate 8.871
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 22 12 25 25
Mean Estimate 1.66 1.97 8.17 8.87
High Estimates 1.70 2.10 8.41 9.50
Low Estimate 1.60 1.89 8.10 8.55
Coefficient of Variance 1.45 2.97 0.67 2.23

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 12 12 11
OVERWEIGHT 3 4 5
HOLD 13 14 12
UNDERWEIGHT 0 0 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Ppg Industries Inc. - PPG

Date Name Shares Transaction Value
Nov 19, 2024 Timothy M. Knavish Chairman and CEO; Director 11,321 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 19, 2024 Vincent J. Morales Senior VP & CFO 17,906 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 19, 2024 Anne M. Foulkes Sr. VP and General Counsel 409 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 2, 2024 Kevin D. Braun Sr VP, Operations 546 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 19, 2024 Kathy L. Fortmann Director 208 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 19, 2024 Kathy L. Fortmann Director 1,041 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 14, 2024 Melanie Liddle Healey Director 2,525 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 14, 2024 Gary R. Heminger Director 9,014 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 14, 2024 Guillermo Novo Director 6,740 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 14, 2024 Michael T. Nally Director 5,841 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 14, 2024 Christopher N. Roberts Director 661 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 14, 2024 Michael W. Lamach Director 12,066 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 14, 2024 Kathleen A. Ligocki Director 5,245 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 15, 2024 Henrik Bergström Sr.VP, Arch Ctgs LA, EMEA, AP 10,030 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 15, 2024 Henrik Bergström Sr.VP, Arch Ctgs LA, EMEA, AP N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 4, 2024 Vincent J. Morales Senior VP & CFO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 4, 2024 Vincent J. Morales Senior VP & CFO 28,439 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $140.94 per share 4,008,192.66
Mar 4, 2024 Brian R. Williams Vice President and Controller 2,312 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 1, 2024 Timothy M. Knavish Chairman and CEO; Director 10,775 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 1, 2024 Chancey Edwin Hagerty Sr. VP, Auto. Refinish Ctgs. 7,767 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Ppg Industries Inc. in the News