| Market cap | $30.64B |
|---|---|
| Enterprise value | $35.17B |
| Revenue | $18.177B |
|---|---|
| EBITDA | $2.882B |
| Income | $1.406B |
| Revenue Q/Q | -1.58% |
| Revenue Y/Y | 2.56% |
| P/E | 21.31 |
|---|---|
| Forward P/E | 16.57 |
| EV/Sales | 1.93 |
| EV/EBITDA | 12.20 |
| EV/EBIT | 16.46 |
| PEG | 1.87 |
| Price/Sales | 1.69 |
| P/FCF | 19.38 |
| Price/Book | 3.91 |
| Book/Share | 32.46 |
| Cash/Share | 6.59 |
| FCF yield | 5.16% |
| Volume | 1.186M / 1.157M |
|---|---|
| Relative vol. | 1.03 × |
| EPS | 5.96 |
|---|---|
| EPS Q/Q | -1.78% |
| Est. EPS Q/Q | -9.52% |
| Profit margin | 6.96% |
|---|---|
| Oper. margin | 11.69% |
| Gross margin | 41.11% |
| EBIT margin | 11.76% |
| EBITDA margin | 15.86% |
| Ret. on assets | 6.45% |
|---|---|
| Ret. on equity | 18.06% |
| ROIC | 9.30% |
| ROCE | 12.63% |
| Debt/Equity | 1.74 |
|---|---|
| Net debt/EBITDA | 8.07 |
| Current ratio | 1.55 |
| Quick ratio | 1.08 |
| Volatility | 1.66% |
|---|---|
| Beta | 0.89 |
| RSI | 46.59 |
|---|
| Insider ownership | 0.26% |
|---|---|
| Inst. ownership | 82.04% |
| Shares outst. | 234.500M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 1.12% |
| Short ratio | 1.97 |
| Dividend | $2.60 |
|---|---|
| Dividend yield | 2.05% |
| Payout ratio | 43.62% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 18 Jul 2024 |
Tuesday, 25 June 2024
|
|
| PPG to announce second-quarter 2024 results July 18 | |
Thursday, 6 June 2024
|
|
| Is PPG Industries, Inc. A Good Dividend Aristocrat Stock According to Analyst? | |
Friday, 31 May 2024
|
|
| The Best Place to Live in Tennessee | |
Friday, 24 May 2024
|
|
| PPG appoints Alejandro Lopez as director, investor relations | |
Tuesday, 21 May 2024
|
|
| PPG Industries to invest $300 million to boost manufacturing in North America | |
Friday, 26 April 2024
|
|
| PPG again earns EcoVadis gold rating for sustainability practices, ranks among top 7% of evaluated companies | |
Tuesday, 23 April 2024
|
|
| Sherwin-Williams misses Q1 profit target as demand in North America drags | |
Monday, 15 April 2024
|
|
| 16 Best Dividend Stocks of All Time | |
Saturday, 13 April 2024
|
|
| 11 Best Nanotechnology Stocks To Invest In | |
Thursday, 11 April 2024
|
|
| 10 Best US Chemical Stocks To Invest In Now | |
Monday, 26 February 2024
|
|
| PPG to review strategic alternatives for architectural coatings business in the U.S. and Canada | |
Friday, 16 February 2024
|
|
| Decoding PPG Industries Inc : A Strategic SWOT Insight | |
Tuesday, 30 January 2024
|
|
| PPG announces executive appointments | |
Tuesday, 9 January 2024
|
|
| UPDATE 1-PPG explores strategic alternatives for silica business | |
| PPG to review strategic alternatives for silica products business | |
Monday, 8 January 2024
|
|
| PPG appoints Jonathan Edwards as director, investor relations | |
Friday, 29 December 2023
|
|
| PPG Industries Dips More Than Broader Market: What You Should Know | |
Wednesday, 20 December 2023
|
|
| PPG to announce fourth-quarter and full-year 2023 results Jan. 18 | |
| PPG recognized in Newsweek’s America’s Most Responsible Companies list for fourth consecutive year | |
Tuesday, 19 December 2023
|
|
| PPG Industries Rises But Trails Market: What Investors Should Know | |
Tuesday, 12 December 2023
|
|
| PPG opens $17 million aerospace application support center in France | |
Wednesday, 6 December 2023
|
|
| PPG Industries Stock Sees Improved Relative Price Strength | |
| 15 Best Materials Stocks To Invest In | |
Tuesday, 7 November 2023
|
|
| PPG Industries Inc's Dividend Analysis | |
Wednesday, 18 October 2023
|
|
| PPG Industries beats quarterly profit estimates, raises FY earnings forecast | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Karl Henrik Bergstrom Sr.VP, Arch Ctgs LA, EMEA, and AP | Option 13 May 2024 | $221,935 |
| Timothy M Knavish Chairman and CEO | Buy 8 May 2024 | $274,608 |
| Cathy R Smith Director | Option 17 Apr 2024 | $158,443 |
| Martin Richenhagen Director | Option 17 Apr 2024 | $158,443 |
| Melanie Healey Director | Option 17 Apr 2024 | $158,443 |
| Vincent J Morales Senior VP and CFO | Option 1 Mar 2024 | $401,608 |
| Brian Richard Williams Vice President and Controller | Option 1 Oct 2023 | $67,626 |
| Michael H Mcgarry Executive Chairman | Option 1 Oct 2023 | $5,161,497 |
| Brian Richard Williams Vice President and Controller | Option 2 Aug 2023 | $21,833 |
| Vincent J Morales Senior VP and CFO | Option 1 Aug 2023 | $346,061 |
| Michael H Mcgarry Executive Chairman | Option 25 Jul 2023 | $17,130,183 |
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Robintrack.
Price target
Current $125.23
Average $147.87
Low $115
High $178
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +4.96% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 2.05% | Growth period | 7 years |
| Last dividend date | Yield 3 years | 1.89% | Growth 3 years | +6.55% | |
| Last dividend | Yield 5 years | 1.69% | Growth 5 years | +6.43% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Michael McGarry (62) Chairman of the Board and Chief Executive Officer since 2016 | 62 | 2016 | $15,117,900 |
| Vincent Morales (54) Chief Financial Officer and Senior Vice President since 2017 | 54 | 2017 | $3,800,130 |
| Michael H. McGarry (63) Chairman and CEO | 63 | $3,364,652 | |
| Timothy Knavish (54) Executive Vice President since 2019 | 54 | 2019 | $3,094,460 |
| Rebecca Liebert (52) Executive Vice President since 2019 | 52 | 2019 | $2,114,660 |
| Ramaparasad Vadlamannati (57) Senior Vice President - Protective, Marine Coatings, and President PPG EMEA since 2019 | 57 | 2019 | $1,945,310 |
| Vincent J. Morales (55) Sr. VP and CFO | 55 | $1,337,137 | |
| Rebecca B. Liebert Ph.D. (53) Exec. VP | 53 | $1,284,173 | |
| Timothy M. Knavish (55) Chief Operating Officer | 55 | $1,257,982 | |
| Anne M. Foulkes (58) Sr. VP and Gen. Counsel | 58 | $967,844 | |
| Hugh Grant (61) Lead Independent Director since 2019 | 61 | 2019 | $335,009 |
| Martin Richenhagen (67) Independent Director since 2007 | 67 | 2007 | $305,009 |
| Melanie Healey (58) Independent Director since 2016 | 58 | 2016 | $289,009 |
| Steven Davis (61) Independent Director since 2019 | 61 | 2019 | $287,509 |
| Catherine Smith (56) Independent Director since 2019 | 56 | 2019 | $280,009 |
| Michael Lamach (56) Independent Director since 2015 | 56 | 2015 | $280,009 |
| Gary Heminger (66) Independent Director since 2017 | 66 | 2017 | $280,009 |
| John Faraci (70) Independent Director since 2012 | 70 | 2012 | $280,009 |
| Stephen Angel (64) Independent Director since 2010 | 64 | 2010 | $280,009 |
| Kathleen Ligocki (63) Independent Director since 2020 | 63 | 2020 | |
| John Bruno | 2018 | ||
| William Schaupp | 2018 | ||
| Amy Ericson (53) Senior Vice President - Packaging Coatings since 2018 | 53 | 2018 | |
| Anne Foulkes (57) Senior Vice President and General Counsel since 2018 | 57 | 2018 | |
| Bhaskar Ramachandran | |||
| Brian Richard Williams | |||
| Peg Curry | |||
| Dr. David Stanley Bem Ph.D. (51) VP of Science, Technology, and CTO | 51 | ||
| Malesia Dunn |
ppg industries' vision is to be the world’s leading coatings company by consistently delivering high-quality, innovative and sustainable solutions that customers trust to protect and beautify their products and surroundings. through leadership in innovation, sustainability and color, ppg provides added value to customers in construction, consumer products, industrial and transportation markets and aftermarkets to enhance more surfaces in more ways than does any other company. founded in 1883, ppg has global headquarters in pittsburgh and operates in more than 70 countries around the world. reported net sales in 2014 were $15.4 billion. ppg shares are traded on the new york stock exchange (symbol:ppg). for more information, visit www.ppg.com and follow @ppgindustries on twitter.
- Materials > Specialty Chemicals
- PPG Industries, Inc., One PPG Place, Pittsburgh 15272, United States
- 412-434-3131
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +4.96% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 2.05% | Growth period | 7 years |
| Last dividend date | Yield 3 years | 1.89% | Growth 3 years | +6.55% | |
| Last dividend | Yield 5 years | 1.69% | Growth 5 years | +6.43% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $1,181 | $1,514 | |||
| Short term investments | $54 | $75 | |||
| Net receivables | $3,581 | $3,279 | |||
| Inventory | $2,331 | $2,127 | |||
| Total current assets | $7,671 | $7,431 | |||
| Long term investments | $275 | $259 | |||
| Property, plant & equipment | $4,441 | $4,476 | |||
| Goodwill & intangible assets | $8,539 | $8,624 | |||
| Total noncurrent assets | $14,196 | $14,216 | |||
| Total investments | $329 | $334 | |||
| Total assets | $21,867 | $21,647 | |||
| Current liabilities | |||||
| Accounts payable | $4,351 | $4,467 | |||
| Deferred revenue | |||||
| Short long term debt | $503 | $500 | |||
| Total current liabilities | $4,943 | $5,054 | |||
| Long term debt | $6,540 | $6,370 | |||
| Total noncurrent liabilities | $8,798 | $8,570 | |||
| Total debt | $7,043 | $6,870 | |||
| Total liabilities | $13,741 | $13,624 | |||
| Stockholders' equity | |||||
| Retained earnings | $21,747 | $21,500 | |||
| Other stockholder equity | -$2,251 | -$2,239 | |||
| Total stockholder equity | $7,941 | $7,832 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1,514 | $1,099 | ||
| Short term investments | $75 | $55 | ||
| Net receivables | $3,279 | $3,303 | ||
| Inventory | $2,127 | $2,272 | ||
| Total current assets | $7,431 | $7,173 | ||
| Long term investments | $259 | $244 | ||
| Property, plant & equipment | $4,476 | $4,157 | ||
| Goodwill & intangible assets | $8,624 | $8,492 | ||
| Total noncurrent assets | $14,216 | $13,571 | ||
| Total investments | $334 | $299 | ||
| Total assets | $21,647 | $20,744 | ||
| Current liabilities | ||||
| Accounts payable | $4,467 | $4,087 | ||
| Deferred revenue | ||||
| Short long term debt | $500 | $496 | ||
| Total current liabilities | $5,054 | $4,721 | ||
| Long term debt | $6,370 | $7,139 | ||
| Total noncurrent liabilities | $8,570 | $9,314 | ||
| Total debt | $6,870 | $7,635 | ||
| Total liabilities | $13,624 | $14,035 | ||
| Stockholders' equity | ||||
| Retained earnings | $21,500 | $20,828 | ||
| Other stockholder equity | -$2,239 | -$2,810 | ||
| Total stockholder equity | $7,832 | $6,592 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $4,311 | $4,350 | |||
| Cost of revenue | $2,445 | $2,531 | |||
| Gross profit | $1,866 | $1,819 | |||
| Operating activities | |||||
| Research & development | $109 | $111 | |||
| Selling, general & administrative | $1,064 | $1,114 | |||
| Total operating expenses | $1,314 | $1,535 | |||
| Operating income | $552 | $284 | |||
| Income from continuing operations | |||||
| EBIT | $584 | $236 | |||
| Income tax expense | $129 | $89 | |||
| Interest expense | $55 | $57 | |||
| Net income | |||||
| Net income | $400 | $90 | |||
| Income (for common shares) | $400 | $90 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $18,246 | $17,652 | ||
| Cost of revenue | $10,745 | $11,096 | ||
| Gross profit | $7,501 | $6,556 | ||
| Operating activities | ||||
| Research & development | $433 | $448 | ||
| Selling, general & administrative | $4,222 | $3,842 | ||
| Total operating expenses | $5,563 | $5,122 | ||
| Operating income | $1,938 | $1,434 | ||
| Income from continuing operations | ||||
| EBIT | $1,956 | $1,518 | ||
| Income tax expense | $439 | $325 | ||
| Interest expense | $247 | $167 | ||
| Net income | ||||
| Net income | $1,270 | $1,026 | ||
| Income (for common shares) | $1,270 | $1,026 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $400 | $90 | |||
| Operating activities | |||||
| Depreciation | $141 | $150 | |||
| Business acquisitions & disposals | -$1 | ||||
| Stock-based compensation | $12 | $17 | |||
| Total cash flows from operations | -$60 | $898 | |||
| Investing activities | |||||
| Capital expenditures | -$256 | -$168 | |||
| Investments | |||||
| Total cash flows from investing | -$239 | -$157 | |||
| Financing activities | |||||
| Dividends paid | -$153 | -$153 | |||
| Sale and purchase of stock | -$149 | -$86 | |||
| Net borrowings | $278 | -$284 | |||
| Total cash flows from financing | -$35 | -$545 | |||
| Effect of exchange rate | $1 | $100 | |||
| Change in cash and equivalents | -$333 | $296 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $1,270 | $1,026 | ||
| Operating activities | ||||
| Depreciation | $558 | $554 | ||
| Business acquisitions & disposals | -$109 | -$114 | ||
| Stock-based compensation | $59 | $35 | ||
| Total cash flows from operations | $2,411 | $963 | ||
| Investing activities | ||||
| Capital expenditures | -$549 | -$518 | ||
| Investments | ||||
| Total cash flows from investing | -$556 | -$461 | ||
| Financing activities | ||||
| Dividends paid | -$598 | -$570 | ||
| Sale and purchase of stock | -$86 | -$190 | ||
| Net borrowings | -$850 | $375 | ||
| Total cash flows from financing | -$1,550 | -$409 | ||
| Effect of exchange rate | $110 | $1 | ||
| Change in cash and equivalents | $415 | $94 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q2 | Dnb Asset Management As |
+5.46%
|
46,967 | $5,912,676 |
| 2024 Q2 | Massmutual Trust Co Fsb/adv |
+38.57%
|
679 | $85,479 |
| 2024 Q2 | Moody National Bank Trust Division |
-1.89%
|
5,358 | $674,518 |
| 2024 Q1 | Beutel, Goodman & Co |
+101.48%
|
822,998 | $119,252 |
| 2024 Q1 | Clearbridge Investments |
-7.57%
|
3,322,017 | $481,360,302 |
| 2024 Q1 | Bnp Paribas Financial Markets |
+151.73%
|
332,218 | $48,138,388 |
| 2024 Q1 | Caisse De Depot Et Placement Du Quebec |
Opened
|
175,100 | $25,371,989 |
| 2024 Q1 | Amundi |
-12.07%
|
1,164,794 | $157,375,318 |
| 2024 Q1 | Eagle Asset Management Inc |
+23.50%
|
650,882 | $93,323,538 |
| 2024 Q1 | Ameriprise Financial Inc |
+2.66%
|
3,765,617 | $545,638,460 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Geode Capital Management | 2.22% | 5,215,596 | |
| Ameriprise Financial Inc | 1.61% | 3,765,617 | |
| Clearbridge Investments | 1.42% | 3,322,017 | |
| Putnam Investments | 1.10% | 2,578,774 | |
| Bank Of New York Mellon Corp | 0.82% | 1,913,763 | |
| Amundi | 0.50% | 1,164,794 | |
| Beutel, Goodman & Co | 0.35% | 822,998 | |
| Parametric Portfolio Associates | 0.30% | 694,030 | |
| Eagle Asset Management Inc | 0.28% | 650,882 | |
| Sumitomo Mitsui Trust | 0.27% | 643,109 |
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