- Chemicals - Specialty
- Basic Materials
-
6.16
EPS
-
19.36
P/E
-
27.8B
MARKET CAP
-
2.21%
DIV YIELD
Company Overview
ONE PPG PL 40 EAST,PITTSBURGH PA 15272,4124343131
CEO
Mr. Timothy M. Knavish
Employess
50000
Sector
Basic Materials
Industry
Chemicals - Specialty
Website
https://www.ppg.com
PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company's 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. It also provides coatings and finishes for the protection of metals and structures, such as metal fabricators, heavy duty maintenance contractors, and manufacturers of ships, bridges, and rail cars; paints, wood stains, adhesives, and purchased sundries for painting and maintenance contractors, and consumers for decoration and maintenance of residential and commercial building structures; and paints, thermoplastics, pavement marking products, and other technologies for pavement marking. The company's 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.
Next Earnings Date
Oct. 16, 2024
Ex Dividends date
Sep. 12, 2024
Dividend Date
Aug. 12, 2024
YTD Performance
-19.04%
Fiscal Year End
12-31
IPO Date
1980-03-17
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 1.91% | 3.48% | 9.67% | 3.37% |
EPS | -7.13% | -0.44% | 6.37% | 23.68% |
Equity | 4.73% | 11.09% | 11.24% | 18.81% |
Cash | 3.10% | 10.91% | -6.05% | 37.76% |
Return On Capital (ROIC) | 12.60% | 10.71% | 9.62% | 9.09% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 500 | 496 | 201 | 758 | 683 |
Long Term Debt | 5,740 | 7,140 | 7,260 | 5,850 | 4,540 |
LT Finance Leases | 628 | 183 | 192 | 180 | 170 |
Shares Outstanding | 236 | 236 | 238 | 237 | 237 |
Market Cap | 35,300 | 29,700 | 41,000 | 34,200 | 31,600 |
Price
News
PPG Industries (PPG) Unveils PRIMERON Optimal Powder Primer
1 monthPPG Primeron Optimal primer can be gelled or applied in a two-coat, one-bake process, resulting in a faster, more sustainable and energy-efficient finish.
zacks.com53 August Dividend Kings: Buy 7, Watch 9 More
1 month“What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.”—suredividend.com. The 53 Dividend Kings, screened as of August 6, represented 8 of 11 Morningstar Sectors. Broker-targeted top-ten net-gains ranged 9.36%-31.67% topped-by PPG, and Target. By yield, Altria tops-all. Top-ten August dogs: NFG, FRT, KVUE, FTS, UBSI, BKH, NWN, CDUAF, UVV, & MO averaged 4.92% in yield.
seekingalpha.comMy Best Dividend Aristocrats For August 2024
2 monthsThe ProShares S&P 500 Dividend Aristocrats ETF slumps to end the first half of 2024, posting a loss of 1.40% in June. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 36 months of tracking these strategies, two strategies are outperforming NOBL, while 1 remains relatively close.
seekingalpha.comPPG launches portfolio of energy-curable coatings for coiled metal
2 monthsPITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced the launch of the PPG DURANEXT™ portfolio of electron-beam (EB) and ultraviolet (UV) curable backers, primers, basecoats and clearcoats that brings the energy efficiency and high speed of energy curing to metal coil coaters. Unlike traditional coil coating systems that require very high temperatures to drive the curing process, PPG DuraNEXT coatings use an electron beam or ultra-violet energy to convert a liquid coating into a fully c.
businesswire.com6 Dividend Increases Expected In August 2024
2 months6 Dividend Increases Expected In August 2024
seekingalpha.comPPG recognized for sustainability progress by FTSE4Good for sixth consecutive year
2 monthsPITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced its inclusion in the FTSE4Good Index Series for the sixth consecutive year. Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong environmental, social and governance (ESG) practices against globally recognized standards. “Sustainability is core to how PPG provides value to its customers,” said Peter Votruba-Drzal, PPG vice preside.
businesswire.comPPG extends partnerships with Indianapolis Motor Speedway, INDYCAR, Team Penske
2 monthsSTRONGSVILLE, Ohio--(BUSINESS WIRE)--PPG has extended its partnerships with the Indianapolis Motor Speedway (IMS), INDYCAR® and Team Penske through 2029.
businesswire.comPPG Industries, Inc. (PPG) Q2 2024 Earnings Call Transcript
2 monthsPPG Industries, Inc. (NYSE:PPG ) Q2 2024 Earnings Conference Call July 19, 2024 8:00 AM ET Company Participants Alex Lopez - Director of IR Timothy Knavish - Chairman and CEO Vincent Morales - SVP and CFO Conference Call Participants John McNulty - BMO Duffy Fischer - Goldman Sachs Ghansham Panjabi - Baird Christopher Parkinson - Wolfe Research David Begleiter - Deutsche Bank John Roberts - Mizuho Stephen Byrne - Bank of America Merrill Lynch Vincent Andrews - Morgan Stanley Michael Sison - Wells Fargo Frank Mitsch - Fermium Research Patrick Cunningham - Citigroup Jeff Zekauskas - JPMorgan Kevin McCarthy - VRP Josh Spector - UBS Aleksey Yefremov - KeyCorp Michael Leithead - Barclays Mike Harrison - Seaport Research Partners Laurent Favre - BNP Paribas Kevin Estok - Jefferies Arun Viswanathan - RBC Jaideep Pandya - On Field Investment Research Aron Ceccarelli - Berenberg Operator Good morning. My name is Elliot, and I will be your conference operator today.
seekingalpha.comPPG Industries (PPG) Q2 Earnings Top Estimates, Sales Lag
2 monthsPPG Industries (PPG) second-quarter revenues are adversely impacted by unfavorable foreign currency translation.
zacks.comPPG Industries (PPG) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
2 monthsWhile the top- and bottom-line numbers for PPG Industries (PPG) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.comPPG Industries (PPG) Beats Q2 Earnings Estimates
2 monthsPPG Industries (PPG) came out with quarterly earnings of $2.50 per share, beating the Zacks Consensus Estimate of $2.48 per share. This compares to earnings of $2.25 per share a year ago.
zacks.comPPG Industries (PPG) Reports Next Week: Wall Street Expects Earnings Growth
2 monthsPPG Industries (PPG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com