PPG Financial Statements From 2010 to 2024

PPG Stock  USD 124.37  0.92  0.75%   
PPG Industries financial statements provide useful quarterly and yearly information to potential PPG Industries investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on PPG Industries financial statements helps investors assess PPG Industries' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting PPG Industries' valuation are summarized below:
Gross Profit
6.6 B
Profit Margin
0.0824
Market Capitalization
28.9 B
Enterprise Value Revenue
1.9302
Revenue
18 B
There are over one hundred nineteen available trending fundamental ratios for PPG Industries, which can be analyzed over time and compared to other ratios. Active traders should verify all of PPG Industries recent fundamental drivers against the trend between 2010 and 2024 to make sure the company can sustain itself next year. The PPG Industries' current Market Cap is estimated to increase to about 29.9 B. The PPG Industries' current Enterprise Value is estimated to increase to about 22.1 B

PPG Industries Total Revenue

11.61 Billion

Check PPG Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PPG Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 461.7 M, Interest Expense of 259.4 M or Total Revenue of 11.6 B, as well as many indicators such as Price To Sales Ratio of 1.05, Dividend Yield of 0.0283 or PTB Ratio of 2.45. PPG financial statements analysis is a perfect complement when working with PPG Industries Valuation or Volatility modules.
  
Check out the analysis of PPG Industries Correlation against competitors.
For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.

PPG Industries Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets11.7 B21.6 B15.3 B
Slightly volatile
Short and Long Term Debt Total7.2 B6.9 B4.9 B
Slightly volatile
Other Current Liabilities1.7 B1.6 B911.5 M
Slightly volatile
Total Current Liabilities3.2 B5.1 B4.1 B
Slightly volatile
Total Stockholder Equity8.2 B7.8 B5.3 B
Slightly volatile
Property Plant And Equipment Net3.3 B4.5 B3.3 B
Slightly volatile
Retained Earnings22.6 B21.5 B15.9 B
Slightly volatile
Cash1.6 B1.5 B1.2 B
Slightly volatile
Non Current Assets Total7.5 B14.2 B10.1 B
Slightly volatile
Cash And Short Term Investments834.9 M1.6 B1.4 B
Very volatile
Net Receivables2.2 B3.3 B2.7 B
Slightly volatile
Common Stock Shares Outstanding277.3 M237.2 M282.7 M
Slightly volatile
Liabilities And Stockholders Equity11.5 B21.6 B14.8 B
Slightly volatile
Non Current Liabilities Total4.3 B8.6 B5.6 B
Slightly volatile
Inventory1.4 B2.1 B1.7 B
Slightly volatile
Other Current Assets414.2 M436 M3.2 B
Pretty Stable
Total Liabilities7.5 B13.6 B9.7 B
Slightly volatile
Total Current Assets4.8 B7.4 B6.3 B
Pretty Stable
Short Term Debt534.6 M694 M441.9 M
Slightly volatile
Accounts Payable1.7 B2.6 B2.2 B
Slightly volatile
Current Deferred Revenue25.6 M27 M731.6 M
Slightly volatile
Common Stock Total Equity679.6 M1.1 B797.8 M
Slightly volatile
Property Plant And Equipment Gross9.9 B9.4 B4.7 B
Slightly volatile
Common Stock692.5 M1.1 B798.6 M
Slightly volatile
Good Will3.2 B6.2 BB
Slightly volatile
Intangible Assets1.8 B2.4 B1.9 B
Slightly volatile
Other Liabilities2.9 B2.5 B2.8 B
Very volatile
Long Term Debt3.7 B5.7 B4.3 B
Slightly volatile
Property Plant Equipment3.1 B3.8 BB
Slightly volatile
Short Term Investments71.2 M75 M195 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity117 M105.3 M138.4 M
Slightly volatile
Retained Earnings Total Equity16.5 B24 B16.1 B
Slightly volatile
Long Term Debt Total4.7 B7.5 B4.5 B
Slightly volatile
Capital Surpluse944.2 M1.3 B902.4 M
Slightly volatile
Deferred Long Term Liabilities460.2 M576.1 M440 M
Slightly volatile
Long Term Investments269.9 M259 M318.7 M
Slightly volatile
Non Current Liabilities Other621.3 M654 M2.6 B
Slightly volatile
Deferred Long Term Asset Charges340.3 M274.5 M382.7 M
Slightly volatile
Short and Long Term Debt290.5 M306 M359 M
Pretty Stable
Cash And Equivalents1.1 B989.1 M1.5 B
Slightly volatile
Net Invested Capital12.8 B13.9 B10.8 B
Slightly volatile
Net Working Capital2.3 B2.4 B2.3 B
Slightly volatile
Capital Stock775.2 M872.1 M949.6 M
Slightly volatile
Capital Lease Obligations475.9 M816 M651.1 M
Slightly volatile

PPG Industries Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization461.7 M604 M487.4 M
Slightly volatile
Total Revenue11.6 B18.2 B14.6 B
Slightly volatile
Gross Profit4.6 B7.5 B6.1 B
Slightly volatile
Other Operating Expenses10 B15.5 B12.6 B
Slightly volatile
Operating Income1.4 B2.8 B1.7 B
Slightly volatile
EBIT1.4 BB1.7 B
Slightly volatile
EBITDA1.9 B2.6 B2.2 B
Slightly volatile
Cost Of RevenueB10.7 B8.5 B
Slightly volatile
Total Operating Expenses3.1 B4.8 B4.3 B
Slightly volatile
Income Before Tax1.2 B1.7 B1.5 B
Pretty Stable
Net Income890.6 M1.3 B1.3 B
Pretty Stable
Income Tax Expense354.4 M439 M356.9 M
Pretty Stable
Selling General Administrative2.8 B4.4 B3.5 B
Slightly volatile
Research Development401.6 M433 M430.8 M
Pretty Stable
Net Income Applicable To Common Shares1.2 B1.2 B1.4 B
Pretty Stable
Selling And Marketing Expenses8.6 MM514.7 M
Slightly volatile
Net Income From Continuing Ops1.3 B1.3 B1.1 B
Slightly volatile
Non Recurring36.1 M38 M109.3 M
Pretty Stable
Tax Provision306.1 M439 M387.7 M
Pretty Stable
Interest Income147 M140 M73.9 M
Very volatile
Reconciled Depreciation573.6 M558 M496.2 M
Slightly volatile

PPG Industries Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash FlowB1.9 B1.2 B
Slightly volatile
Begin Period Cash Flow710.9 M1.1 B1.2 B
Pretty Stable
Depreciation478.7 M604 M488.3 M
Slightly volatile
Dividends Paid371.2 M598 M420.5 M
Slightly volatile
Capital Expenditures434.5 M549 M445.2 M
Pretty Stable
Total Cash From Operating Activities1.4 B2.4 B1.6 B
Slightly volatile
Net Income861.3 M1.3 B1.1 B
Pretty Stable
End Period Cash Flow757.1 M1.5 B1.2 B
Pretty Stable
Stock Based Compensation40.7 M59 M49.1 M
Pretty Stable
Issuance Of Capital Stock48.7 M54 M29.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.051.93431.7118
Slightly volatile
Dividend Yield0.02830.01690.0184
Pretty Stable
PTB Ratio2.454.50644.9438
Very volatile
Days Sales Outstanding54.5465.594466.5971
Pretty Stable
Book Value Per Share35.733.995822.6656
Slightly volatile
Free Cash Flow Yield0.0630.05280.0445
Very volatile
Operating Cash Flow Per Share10.7310.21616.4486
Slightly volatile
Stock Based Compensation To Revenue0.00360.00320.0032
Pretty Stable
Capex To Depreciation1.020.90890.9426
Slightly volatile
PB Ratio2.454.50644.9438
Very volatile
EV To Sales1.212.22791.8925
Slightly volatile
Free Cash Flow Per Share8.287.88984.7406
Slightly volatile
ROIC0.110.14810.1329
Slightly volatile
Inventory Turnover4.065.03014.9255
Slightly volatile
Net Income Per Share5.655.38145.155
Pretty Stable
Days Of Inventory On Hand79.8372.563373.8478
Slightly volatile
Payables Turnover5.674.09614.1411
Very volatile
Sales General And Administrative To Revenue0.170.24350.2311
Very volatile
Research And Ddevelopement To Revenue0.0340.02370.0297
Slightly volatile
Capex To Revenue0.04430.03010.0336
Slightly volatile
Cash Per Share7.076.73315.4504
Slightly volatile
POCF Ratio10.0714.638716.4786
Slightly volatile
Interest Coverage8.8211.271311.9715
Pretty Stable
Payout Ratio0.660.47090.3733
Slightly volatile
Capex To Operating Cash Flow0.40.22770.3277
Slightly volatile
PFCF Ratio25.1418.954830.9066
Pretty Stable
Days Payables Outstanding61.8289.109391.1359
Pretty Stable
Income Quality1.021.89841.4196
Very volatile
ROE0.140.16220.2636
Slightly volatile
EV To Operating Cash Flow11.5416.860118.372
Slightly volatile
PE Ratio26.0527.790421.5391
Slightly volatile
Return On Tangible Assets0.080.09750.1376
Slightly volatile
EV To Free Cash Flow29.7321.831336.2055
Pretty Stable
Earnings Yield0.06590.0360.0559
Slightly volatile
Intangibles To Total Assets0.240.39840.3522
Slightly volatile
Current Ratio1.231.47031.5174
Slightly volatile
Receivables Turnover5.915.56455.4498
Very volatile
Graham Number66.5663.389547.7953
Slightly volatile
Shareholders Equity Per Share34.8533.186420.5776
Slightly volatile
Debt To Equity0.450.7970.8883
Very volatile
Capex Per Share2.442.32631.7073
Slightly volatile
Revenue Per Share81.1877.313658.1487
Slightly volatile
Interest Debt Per Share28.8727.495819.4078
Slightly volatile
Debt To Assets0.220.28840.2954
Pretty Stable
Enterprise Value Over EBITDA16.4115.628514.2388
Slightly volatile
Short Term Coverage Ratios7.754.82216.1968
Very volatile
Price Earnings Ratio26.0527.790421.5391
Slightly volatile
Operating Cycle110138139
Pretty Stable
Price Book Value Ratio2.454.50644.9438
Very volatile
Days Of Payables Outstanding61.8289.109391.1359
Pretty Stable
Dividend Payout Ratio0.660.47090.3733
Slightly volatile
Price To Operating Cash Flows Ratio10.0714.638716.4786
Slightly volatile
Price To Free Cash Flows Ratio25.1418.954830.9066
Pretty Stable
Pretax Profit Margin0.120.09580.1033
Very volatile
Ebt Per Ebit0.660.62790.8767
Slightly volatile
Operating Profit Margin0.140.15260.1181
Slightly volatile
Effective Tax Rate0.360.25110.2572
Pretty Stable
Company Equity Multiplier2.02.76393.0109
Pretty Stable
Long Term Debt To Capitalization0.30.4230.4414
Very volatile
Total Debt To Capitalization0.350.44350.4675
Very volatile
Return On Capital Employed0.20.16780.1605
Pretty Stable
Debt Equity Ratio0.450.7970.8883
Very volatile
Ebit Per Revenue0.140.15260.1181
Slightly volatile
Quick Ratio0.861.04951.0952
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.342.1021.8186
Very volatile
Net Income Per E B T0.610.72650.8908
Pretty Stable
Cash Ratio0.310.29960.2761
Pretty Stable
Cash Conversion Cycle74.749.048455.2216
Slightly volatile
Operating Cash Flow Sales Ratio0.120.13210.109
Very volatile
Days Of Inventory Outstanding79.8372.563373.8478
Slightly volatile
Days Of Sales Outstanding54.5465.594466.5971
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.510.77230.6663
Pretty Stable
Cash Flow Coverage Ratios0.520.38630.3687
Pretty Stable
Price To Book Ratio2.454.50644.9438
Very volatile
Fixed Asset Turnover2.854.07644.4263
Pretty Stable
Capital Expenditure Coverage Ratio2.634.39163.6937
Pretty Stable
Price Cash Flow Ratio10.0714.638716.4786
Slightly volatile
Enterprise Value Multiple16.4115.628514.2388
Slightly volatile
Debt Ratio0.220.28840.2954
Pretty Stable
Cash Flow To Debt Ratio0.520.38630.3687
Pretty Stable
Price Sales Ratio1.051.93431.7118
Slightly volatile
Return On Assets0.06060.05870.0875
Slightly volatile
Asset Turnover1.130.84290.9915
Slightly volatile
Net Profit Margin0.0590.06960.0889
Slightly volatile
Gross Profit Margin0.310.41360.4095
Slightly volatile
Price Fair Value2.454.50644.9438
Very volatile
Return On Equity0.140.16220.2636
Slightly volatile

PPG Industries Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap29.9 B28.5 B28 B
Slightly volatile
Enterprise Value22.1 B21 B21.9 B
Slightly volatile

PPG Fundamental Market Drivers

Forward Price Earnings14.1243
Cash And Short Term Investments1.6 B

PPG Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
16th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About PPG Industries Financial Statements

PPG Industries stakeholders use historical fundamental indicators, such as PPG Industries' revenue or net income, to determine how well the company is positioned to perform in the future. Although PPG Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in PPG Industries' assets and liabilities are reflected in the revenues and expenses on PPG Industries' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in PPG Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue27 M25.6 M
Total Revenue18.2 B11.6 B
Cost Of Revenue10.7 BB
Sales General And Administrative To Revenue 0.24  0.17 
Research And Ddevelopement To Revenue 0.02  0.03 
Capex To Revenue 0.03  0.04 
Revenue Per Share 77.31  81.18 
Ebit Per Revenue 0.15  0.14 

Currently Active Assets on Macroaxis

When determining whether PPG Industries is a strong investment it is important to analyze PPG Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PPG Industries' future performance. For an informed investment choice regarding PPG Stock, refer to the following important reports:
Check out the analysis of PPG Industries Correlation against competitors.
For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PPG Industries. If investors know PPG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PPG Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.117
Dividend Share
2.63
Earnings Share
6.31
Revenue Per Share
76.764
Quarterly Revenue Growth
(0.01)
The market value of PPG Industries is measured differently than its book value, which is the value of PPG that is recorded on the company's balance sheet. Investors also form their own opinion of PPG Industries' value that differs from its market value or its book value, called intrinsic value, which is PPG Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PPG Industries' market value can be influenced by many factors that don't directly affect PPG Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PPG Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if PPG Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPG Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.