PPG - PPG Industries Inc Stock Price, Fair Value and News

128.69USD-1.83 (-1.40%)Delayed as of 25 Apr 2024, 09:59 am ET

Market Summary

USD128.69-1.83

Delayedas of 25 Apr 2024, 09:59 am

-1.40%

PPG Alerts

Big jump in Earnings (Y/Y)

PPG Stock Price

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PPG RSI Chart

PPG Valuation

Market Cap

30.6B

Price/Earnings (Trailing)

21.8

Price/Sales (Trailing)

1.68

EV/EBITDA

13.1

Price/Free Cashflow

19.37

PPG Price/Sales (Trailing)

PPG Profitability

EBT Margin

10.63%

Return on Equity

17.29%

Return on Assets

6.43%

Free Cashflow Yield

5.16%

PPG Fundamentals

PPG Revenue

Revenue (TTM)

18.2B

Rev. Growth (Yr)

-1.58%

Rev. Growth (Qtr)

-0.9%

PPG Earnings

Earnings (TTM)

1.4B

Earnings Growth (Yr)

46.52%

Earnings Growth (Qtr)

387.8%

Breaking Down PPG Revenue

52 Week Range

128.00152.89

(Low)(High)

Last 7 days

-3.2%

Last 30 days

-7.5%

Last 90 days

-8.5%

Trailing 12 Months

-7.0%

How does PPG drawdown profile look like?

PPG Financial Health

Current Ratio

1.55

Debt/Equity

0.73

Debt/Cashflow

0.38

PPG Investor Care

Dividend Yield

1.53%

Buy Backs (1Y)

0.39%

Diluted EPS (TTM)

5.93

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	18.2B	0	0	0
2023	17.7B	17.9B	18.1B	18.2B
2022	17.2B	17.6B	17.7B	17.7B
2021	14.3B	15.7B	16.4B	16.8B
2020	14.9B	13.9B	13.7B	13.8B
2019	15.2B	15.1B	15.1B	15.1B
2018	15.0B	15.4B	15.4B	15.4B
2017	14.3B	14.4B	14.5B	14.7B
2016	14.6B	14.5B	14.4B	14.3B
2015	15.3B	15.1B	14.9B	14.8B
2014	14.8B	15.0B	15.2B	15.4B
2013	13.3B	13.6B	14.0B	14.3B
2012	13.4B	13.4B	13.4B	13.5B
2011	13.4B	13.5B	13.4B	13.2B
2010	12.6B	12.9B	13.2B	13.4B
2009	14.7B	13.3B	12.3B	12.2B
2008	0	13.4B	14.6B	15.8B
2007	0	0	0	12.2B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of PPG Industries Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 17, 2024	richenhagen martin	acquired	-	-	1,174	-
Apr 17, 2024	healey melanie	acquired	-	-	1,174	-
Apr 17, 2024	healey melanie	sold (taxes)	-404	134	-3.00	-
Apr 17, 2024	smith cathy r	sold (taxes)	-404	134	-3.00	-
Apr 17, 2024	richenhagen martin	sold (taxes)	-404	134	-3.00	-
Apr 17, 2024	smith cathy r	acquired	-	-	1,174	-
Mar 01, 2024	morales vincent j	acquired	401,608	118	3,400	senior vp & cfo
Mar 01, 2024	morales vincent j	sold	-479,196	140	-3,400	senior vp & cfo
Feb 29, 2024	williams brian richard	acquired	-	-	338	vice president and controller
Feb 29, 2024	hagerty chancey e.	acquired	-	-	813	sr. vp, auto. refinish ctgs.

Which funds bought or sold PPG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Global Retirement Partners, LLC	added	14.76	188,899	1,394,950	0.05%
Apr 23, 2024	Venturi Wealth Management, LLC	reduced	-0.98	-13,600	321,244	0.02%
Apr 23, 2024	AMALGAMATED BANK	reduced	-15.53	-1,582,000	7,130,000	0.06%
Apr 23, 2024	Tennessee Valley Asset Management Partners	sold off	-100	-4,761	-	-%
Apr 23, 2024	Summit Trail Advisors, LLC	added	2.34	-2,648	311,110	0.01%
Apr 23, 2024	Gradient Investments LLC	reduced	-24.07	-2,135	5,941	-%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-4.2	-153,435	1,985,130	0.04%
Apr 23, 2024	Sugarloaf Wealth Management, LLC	unchanged	-	-2,711	84,477	0.02%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	reduced	-2.46	-100,000	1,727,000	0.06%
Apr 23, 2024	NATIONS FINANCIAL GROUP INC, /IA/ /ADV	reduced	-0.66	-28,986	744,786	0.06%

Are Funds Buying or Selling PPG?

Are funds buying PPG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PPG

No. of Funds

PPG Alerts

Big jump in Earnings (Y/Y)

Unveiling PPG Industries Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	massachusetts financial services co /ma/	3.4%	8,002,668	SC 13G/A
Feb 08, 2024	wellington management group llp	3.70%	8,731,261	SC 13G/A
Jan 25, 2024	jpmorgan chase & co	6.0%	14,203,705	SC 13G/A
Jan 25, 2024	jpmorgan chase & co	6.0%	14,203,705	SC 13G/A
Jan 25, 2024	blackrock inc.	8.3%	19,546,603	SC 13G/A
Jan 10, 2024	vanguard group inc	10.38%	24,479,533	SC 13G/A
Feb 09, 2023	vanguard group inc	8.81%	20,701,127	SC 13G/A
Feb 08, 2023	massachusetts financial services co /ma/	6.1%	14,451,181	SC 13G/A
Feb 06, 2023	wellington management group llp	6.49%	15,255,645	SC 13G
Jan 25, 2023	blackrock inc.	8.8%	20,729,550	SC 13G/A

Recent SEC filings of PPG Industries Inc

View All Filings

Date Filed	Form Type	Document
Apr 23, 2024	8-K	Current Report
Apr 22, 2024	8-K	Current Report
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading
Apr 19, 2024	4	Insider Trading

PPG Industries Inc News

Latest updates

PPG Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.9%	4,311	4,350	4,644	4,872	4,380	4,185	4,468	4,691	4,308	4,190	4,372	4,359	3,881	3,757	3,685	3,015	3,377	3,672	3,826	4,024	3,624
S&GA Expenses	-4.5%	1,064	1,114	1,047	1,069	992	955	931	982	974	984	950	955	891	882	836	766	905	894	887	934	889
EBITDA Margin	7.9%	0.15*	0.14*	0.14*	0.14*	0.13*	0.12*	0.11*	0.12*	0.12*	0.15*	0.15*	0.17*	0.15*	0.14*	0.15*	0.14*	0.15*	0.15*	0.15*	-	-
Interest Expenses	-3.5%	55.00	57.00	64.00	67.00	59.00	53.00	46.00	38.00	30.00	30.00	30.00	31.00	30.00	31.00	34.00	41.00	32.00	33.00	33.00	35.00	31.00
Income Taxes	44.9%	129	89.00	121	149	80.00	73.00	79.00	118	55.00	4.00	96.00	160	114	67.00	124	29.00	71.00	95.00	109	86.00	102
Earnings Before Taxes	180.2%	538	192	557	646	353	319	418	566	78.00	282	441	593	499	345	572	126	319	398	481	363	419
EBT Margin	11.0%	0.11*	0.10*	0.10*	0.10*	0.09*	0.08*	0.08*	0.08*	0.08*	0.11*	0.11*	0.13*	0.11*	0.10*	0.10*	0.10*	0.10*	0.11*	0.11*	-	-
Net Income	387.8%	400	82.00	426	497	273	233	329	446	23.00	282	344	433	385	272	442	100	248	292	367	272	312
Net Income Margin	10.4%	0.08*	0.07*	0.08*	0.07*	0.07*	0.06*	0.06*	0.06*	0.06*	0.09*	0.09*	0.10*	0.08*	0.08*	0.08*	0.07*	0.08*	0.08*	0.08*	-	-
Free Cashflow	-143.3%	-316	730	753	414	-35.00	437	408	98.00	-498	305	447	542	-103	832	764	426	-196	620	698	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.0%	21,867	21,647	21,501	22,216	22,099	20,744	20,868	21,572	21,888	21,351	21,883	22,353	20,139	19,556	18,300	18,170	18,064	17,708	18,064	17,955	17,371
Current Assets	3.2%	7,671	7,431	7,552	8,068	8,193	7,173	7,490	7,756	7,627	6,774	7,300	7,446	7,339	6,798	7,002	7,077	7,066	6,170	6,817	6,707	6,409
Cash Equivalents	-22.0%	1,181	1,514	1,218	1,228	1,426	1,099	1,029	931	960	1,005	1,216	1,195	1,808	1,826	2,008	2,252	1,886	1,216	1,432	963	784
Inventory	9.6%	2,331	2,127	2,217	2,506	2,599	2,272	2,411	2,481	2,439	2,171	2,249	2,226	1,914	1,735	1,672	1,706	1,859	1,710	1,860	1,945	1,965
Net PPE	-0.3%	3,633	3,644	3,406	3,418	3,355	3,328	3,140	3,214	3,322	3,442	3,350	3,424	3,052	3,127	2,897	2,865	2,863	2,983	2,862	2,929	2,866
Goodwill	-1.0%	6,140	6,200	6,181	6,294	6,163	6,078	5,884	6,119	6,232	6,248	6,206	6,233	5,153	5,102	4,419	4,307	4,243	4,470	4,335	4,312	4,103
Liabilities	0.9%	13,741	13,624	13,566	14,424	14,846	14,035	14,724	15,281	15,555	14,940	15,473	15,942	14,170	13,741	12,876	13,232	13,227	12,305	12,709	12,768	12,361
Current Liabilities	-2.2%	4,943	5,054	5,100	5,416	4,868	4,721	4,926	5,165	5,172	4,766	5,463	5,488	5,120	4,831	4,613	5,234	5,195	4,375	4,578	4,706	4,588
Long Term Debt	3.3%	5,940	5,748	5,596	6,099	7,082	6,503	6,478	6,766	6,834	6,572	6,092	6,387	5,336	5,171	4,828	4,613	4,751	4,539	4,885	4,845	4,626
LT Debt, Non Current	-100.0%	-	5,748	5,596	6,099	7,082	6,503	6,478	6,766	6,834	6,572	6,092	6,387	5,336	5,171	4,828	4,613	4,751	4,539	4,885	4,845	4,626
Shareholder's Equity	3.8%	8,126	7,832	7,751	7,792	7,253	6,592	6,144	6,291	6,333	6,411	6,410	6,411	5,969	5,815	5,424	4,938	4,837	5,403	5,355	5,187	5,010
Retained Earnings	1.1%	21,747	21,500	21,563	21,290	20,946	20,828	20,736	20,552	20,251	20,372	20,226	20,022	19,719	19,469	19,325	19,010	19,029	18,906	18,735	18,488	18,330
Additional Paid-In Capital	1.7%	1,222	1,202	1,193	1,166	1,150	1,130	1,122	1,111	1,093	1,081	1,065	1,053	1,029	1,008	980	962	954	950	925	913	899
Accumulated Depreciation	0.6%	4,995	4,963	4,815	4,841	4,756	4,649	4,435	4,503	4,564	4,532	4,517	4,484	4,367	4,349	4,281	4,176	4,065	4,082	3,964	3,963	3,897
Shares Outstanding	-	235	-	236	236	235	-	235	235	236	-	237	237	237	-	236	236	236	-	236	236	236
Minority Interest	-3.1%	185	191	184	178	111	117	110	109	115	125	157	169	130	126	114	106	114	119	108	108	106
Float	-	-	-	-	34,856	-	-	-	26,830	-	-	-	40,246	-	-	-	25,002	-	-	-	27,547	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-106.7%	-60.00	898	892	536	85.00	587	512	168	-304	456	525	604	-23.00	966	842	481	-159	809	789	548	-66.00
Share Based Compensation	-29.4%	12.00	17.00	8.00	17.00	17.00	8.00	9.00	12.00	6.00	18.00	4.00	18.00	17.00	15.00	14.00	8.00	7.00	11.00	9.00	10.00	9.00
Cashflow From Investing	-52.2%	-239	-157	-109	-226	-64.00	-215	-96.00	33.00	-183	-128	-34.00	-1,818	-424	-1,256	-80.00	-52.00	-59.00	-261	-291	-371	-86.00
Cashflow From Financing	93.6%	-35.00	-545	-739	-543	277	-353	-269	-230	443	-513	-448	585	469	46.00	-1,032	-85.00	1,012	-799	9.00	-	32.00
Dividend Payments	-100.0%	-	153	153	146	146	146	145	140	139	140	140	128	128	128	127	121	120	121	120	114	113
Buy Backs	73.3%	149	86.00	-	-	-	-	15.00	135	40.00	-	-	-	-	-	-	-	-	150	-	-	175

PPG Income Statement

2024-03-31

Condensed Consolidated Statement of Income (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 4,311	$ 4,380
Cost of sales, exclusive of depreciation and amortization	2,445	2,596
Selling, general and administrative	1,064	992
Depreciation	103	92
Amortization	38	41
Research and development, net	109	104
Interest expense	55	59
Interest income	(42)	(25)
Pension settlement charge	0	190
Other charges/(income), net	1	(22)
Income before income taxes	538	353
Income tax expense	129	80
Net income attributable to the controlling and noncontrolling interests	409	273
Net income attributable to noncontrolling interests	9	9
Net income (attributable to PPG)	$ 400	$ 264
Earnings per common share (attributable to PPG) (in dollars per share)	$ 1.70	$ 1.12
Earnings per common share (attributable to PPG) - assuming dilution (in dollars per share)	$ 1.69	$ 1.11

PPG Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheet (Unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 1,181	$ 1,514
Short-term investments	54	75
Receivables, net	3,581	3,279
Inventories	2,331	2,127
Other current assets	524	436
Total current assets	7,671	7,431
Property, plant and equipment (net of accumulated depreciation of $4,995 and $4,963)	3,633	3,644
Goodwill	6,140	6,200
Identifiable intangible assets, net	2,399	2,424
Deferred income taxes	340	273
Investments	275	259
Operating lease right-of-use assets	808	832
Other assets	601	584
Total	21,867	21,647
Current liabilities:
Accounts payable and accrued liabilities	4,351	4,467
Restructuring reserves	89	87
Short-term debt and current portion of long-term debt	311	306
Current portion of operating lease liabilities	192	194
Total current liabilities	4,943	5,054
Long-term debt	5,940	5,748
Operating lease liabilities	600	622
Accrued pensions	608	588
Other postretirement benefits	448	450
Deferred income taxes	554	508
Other liabilities	648	654
Total liabilities	13,741	13,624
Shareholders’ equity:
Common stock	969	969
Additional paid-in capital	1,222	1,202
Retained earnings	21,747	21,500
Treasury stock, at cost	(13,746)	(13,600)
Accumulated other comprehensive loss	(2,251)	(2,239)
Total PPG shareholders’ equity	7,941	7,832
Noncontrolling interests	185	191
Total shareholders’ equity	8,126	8,023
Total	$ 21,867	$ 21,647

About PPG Industries Inc

PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company operates through Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft. The Industrial Coatings segment offers coatings, adhesives and sealants, and metal pretreatments, as well as services and coatings applications for appliances, agricultural and construction equipment, consumer electronics, automotive parts and accessories, building products, kitchenware, and transportation vehicles and other finished products; and on-site coatings services. It also provides coatings for metal cans, closures, plastic tubes, and promotional and specialty packaging; amorphous precipitated silica for tire, battery separator, and other end-uses; TESLIN substrates for labels, e-passports, drivers' licenses, breathable membranes, and loyalty and identification cards; and organic light emitting diode materials, displays and lighting lens materials, optical lenses, color-change products, and photochromic dyes. The company was incorporated in 1883 and is headquartered in Pittsburgh, Pennsylvania.

CEO	Mr. Timothy M. Knavish
WEBSITE	ppg.com
INDUSTRY	Chemicals
EMPLOYEES	52000

PPG Industries Inc Frequently Asked Questions

What is the ticker symbol for PPG Industries Inc? What does PPG stand for in stocks?

PPG is the stock ticker symbol of PPG Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of PPG Industries Inc (PPG)?

As of Wed Apr 24 2024, market cap of PPG Industries Inc is 30.63 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PPG stock?

You can check PPG's fair value in chart for subscribers.

What is the fair value of PPG stock?

You can check PPG's fair value in chart for subscribers. The fair value of PPG Industries Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of PPG Industries Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PPG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is PPG Industries Inc a good stock to buy?

The fair value guage provides a quick view whether PPG is over valued or under valued. Whether PPG Industries Inc is cheap or expensive depends on the assumptions which impact PPG Industries Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PPG.

What is PPG Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, PPG's PE ratio (Price to Earnings) is 21.8 and Price to Sales (PS) ratio is 1.68. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PPG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on PPG Industries Inc's stock?

In the past 10 years, PPG Industries Inc has provided 0.045 (multiply by 100 for percentage) rate of return.