See more : MKD Technology Inc. (MKDWW) Income Statement Analysis – Financial Results
Complete financial analysis of PPG Industries, Inc. (PPG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of PPG Industries, Inc., a leading company in the Chemicals – Specialty industry within the Basic Materials sector.
You may be interested
- Tsuruha Holdings Inc. (3391.T) Income Statement Analysis – Financial Results
- Stewart Information Services Corporation (STC) Income Statement Analysis – Financial Results
- Castelnau Group Limited (CGL.L) Income Statement Analysis – Financial Results
- American Green, Inc. (ERBB) Income Statement Analysis – Financial Results
- RACL Geartech Limited (RACLGEAR.BO) Income Statement Analysis – Financial Results
PPG Industries, Inc. (PPG)
About PPG Industries, Inc.
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18.25B | 17.65B | 16.80B | 13.83B | 15.15B | 15.37B | 14.75B | 14.75B | 15.33B | 15.36B | 15.11B | 15.20B | 14.89B | 13.42B | 12.24B | 15.85B | 11.21B | 11.04B | 10.20B | 9.51B | 8.76B | 8.07B | 8.17B | 8.63B | 7.76B | 7.51B | 7.38B | 7.22B | 7.06B | 6.33B | 5.75B | 5.81B | 5.67B | 6.02B | 5.73B | 5.64B | 5.18B | 4.69B | 4.35B |
| Cost of Revenue | 10.70B | 11.10B | 10.29B | 7.78B | 8.65B | 9.00B | 8.20B | 8.06B | 8.59B | 8.79B | 8.64B | 9.07B | 9.08B | 8.21B | 7.54B | 10.16B | 7.09B | 7.04B | 6.47B | 6.00B | 5.52B | 5.07B | 5.14B | 5.33B | 4.72B | 4.48B | 4.40B | 4.34B | 4.21B | 3.87B | 3.61B | 3.67B | 3.65B | 3.72B | 3.59B | 3.33B | 3.09B | 2.79B | 2.64B |
| Gross Profit | 7.55B | 6.56B | 6.52B | 6.06B | 6.49B | 6.37B | 6.55B | 6.69B | 6.74B | 6.57B | 6.47B | 6.13B | 5.80B | 5.21B | 4.70B | 5.69B | 4.12B | 4.00B | 3.73B | 3.51B | 3.24B | 3.00B | 3.03B | 3.30B | 3.04B | 3.03B | 2.98B | 2.88B | 2.85B | 2.47B | 2.14B | 2.14B | 2.02B | 2.30B | 2.14B | 2.30B | 2.10B | 1.90B | 1.71B |
| Gross Profit Ratio | 41.36% | 37.14% | 38.78% | 43.78% | 42.87% | 41.45% | 44.38% | 45.34% | 43.96% | 42.77% | 42.84% | 40.34% | 38.99% | 38.81% | 38.40% | 35.93% | 36.76% | 36.25% | 36.55% | 36.94% | 36.95% | 37.20% | 37.12% | 38.19% | 39.16% | 40.40% | 40.41% | 39.87% | 40.32% | 38.95% | 37.19% | 36.82% | 35.58% | 38.20% | 37.37% | 40.88% | 40.43% | 40.45% | 39.28% |
| Research & Development | 433.00M | 448.00M | 439.00M | 379.00M | 432.00M | 441.00M | 453.00M | 466.00M | 486.00M | 492.00M | 488.00M | 455.00M | 430.00M | 394.00M | 388.00M | 451.00M | 339.00M | 318.00M | 309.00M | 303.00M | 290.00M | 273.00M | 266.00M | 282.00M | 284.00M | 271.00M | 250.00M | 239.10M | 236.40M | 218.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 4.44B | 3.84B | 3.83B | 3.39B | 3.60B | 3.57B | 3.63B | 5.05B | 3.68B | 3.76B | 3.70B | 3.34B | 3.12B | 2.98B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.40B | 1.36B | 1.23B | 1.13B | 1.07B | 1.00B | 977.10M | 919.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 9.00M | 252.00M | 243.00M | 223.00M | 283.00M | 280.00M | 313.00M | 322.00M | 486.00M | 492.00M | 488.00M | 455.00M | 542.00M | 394.00M | 3.32B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 4.45B | 3.84B | 3.83B | 3.39B | 3.60B | 3.57B | 3.63B | 5.05B | 4.17B | 4.25B | 4.19B | 3.79B | 3.66B | 3.37B | 3.32B | 3.43B | 2.14B | 1.98B | 1.77B | 1.72B | 1.58B | 1.42B | 1.40B | 1.36B | 1.23B | 1.13B | 1.07B | 1.00B | 977.10M | 919.00M | 1.07B | 1.08B | 1.08B | 1.05B | 996.60M | 1.09B | 999.90M | 877.70M | 787.20M |
| Other Expenses | 0.00 | 17.00M | -5.00M | -42.00M | -76.00M | -115.00M | -84.00M | -98.00M | -15.00M | -150.00M | -119.00M | -160.00M | 467.00M | 482.00M | 493.00M | 567.00M | 380.00M | 380.00M | 372.00M | 388.00M | 394.00M | 398.00M | 447.00M | 447.00M | 415.00M | 354.00M | 348.00M | 340.20M | 331.50M | 317.50M | 350.20M | 373.20M | 372.80M | 344.80M | 310.20M | 292.60M | 444.50M | 399.80M | 361.90M |
| Operating Expenses | 4.76B | 4.84B | 4.83B | 4.28B | 4.55B | 4.51B | 4.54B | 5.59B | 4.66B | 4.73B | 4.66B | 4.26B | 4.13B | 3.73B | 3.70B | 563.00M | 2.86B | 2.68B | 2.45B | 2.41B | 2.26B | 2.09B | 2.11B | 2.09B | 1.93B | 1.76B | 1.67B | 1.58B | 1.55B | 1.45B | 1.42B | 1.46B | 1.45B | 1.40B | 1.31B | 1.38B | 1.44B | 1.28B | 1.15B |
| Cost & Expenses | 15.46B | 16.16B | 14.89B | 12.36B | 13.39B | 13.59B | 12.66B | 13.39B | 12.41B | 13.31B | 12.89B | 11.69B | 13.21B | 11.94B | 11.24B | 10.72B | 9.94B | 9.71B | 8.93B | 8.41B | 7.78B | 7.16B | 7.25B | 7.43B | 6.65B | 6.23B | 6.06B | 5.92B | 5.76B | 5.32B | 5.04B | 5.13B | 5.11B | 5.12B | 4.90B | 4.72B | 4.53B | 4.07B | 3.79B |
| Interest Income | 140.00M | 54.00M | 26.00M | 23.00M | 32.00M | 23.00M | 20.00M | 26.00M | 40.00M | 50.00M | 43.00M | 39.00M | 42.00M | 34.00M | 28.00M | 26.00M | 20.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 247.00M | 167.00M | 121.00M | 138.00M | 132.00M | 118.00M | 105.00M | 125.00M | 126.00M | 187.00M | 196.00M | 210.00M | 210.00M | 189.00M | 193.00M | 254.00M | 93.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 604.00M | 567.00M | 605.00M | 547.00M | 588.00M | 559.00M | 464.00M | 522.00M | 495.00M | 476.00M | 475.00M | 465.00M | 467.00M | 470.00M | 480.00M | 563.00M | 380.00M | 380.00M | 372.00M | 388.00M | 394.00M | 398.00M | 447.00M | 447.00M | 419.00M | 383.00M | 373.00M | 362.60M | 351.60M | 335.20M | 350.20M | 373.20M | 372.80M | 344.80M | 310.20M | 292.60M | 282.50M | 250.50M | 219.00M |
| EBITDA | 2.60B | 2.38B | 2.57B | 2.08B | 2.40B | 2.39B | 2.57B | 1.42B | 2.30B | 2.00B | 2.00B | 1.44B | 1.86B | 1.95B | 1.29B | 1.74B | 1.59B | 1.61B | 1.56B | 1.50B | 1.37B | 1.31B | 1.37B | 1.65B | 1.53B | 1.63B | 1.69B | 1.66B | 1.65B | 1.35B | 1.07B | 1.06B | 939.20M | 1.25B | 1.15B | 1.21B | 933.30M | 868.80M | 776.70M |
| EBITDA Ratio | 14.26% | 13.48% | 15.17% | 16.45% | 16.37% | 15.44% | 17.44% | 10.74% | 17.24% | 13.54% | 14.95% | 15.03% | 14.66% | 14.56% | 12.06% | 10.88% | 14.21% | 17.19% | 18.59% | 15.60% | 15.87% | 26.38% | 18.24% | 19.79% | 20.20% | 20.55% | 23.49% | 22.53% | 22.90% | 22.51% | 19.75% | 18.23% | 17.61% | 20.33% | 19.16% | 21.81% | 16.11% | 17.61% | 16.90% |
| Operating Income | 2.78B | 1.72B | 1.82B | 1.79B | 1.82B | 1.69B | 1.99B | 1.98B | 1.85B | 1.55B | 1.55B | 1.22B | 1.67B | 1.35B | 883.00M | 1.24B | 1.26B | 1.32B | 1.28B | 1.11B | 973.00M | 911.00M | 924.00M | 1.20B | 1.11B | 1.28B | 1.32B | 1.29B | 1.30B | 1.01B | 716.60M | 684.80M | 566.40M | 904.40M | 836.30M | 920.30M | 650.80M | 618.30M | 557.70M |
| Operating Income Ratio | 15.26% | 9.76% | 10.84% | 12.93% | 12.03% | 11.00% | 13.46% | 13.44% | 12.07% | 10.09% | 10.26% | 8.00% | 11.24% | 10.09% | 7.21% | 7.85% | 11.28% | 11.99% | 12.51% | 11.65% | 11.11% | 11.29% | 11.31% | 13.93% | 14.30% | 16.99% | 17.83% | 17.93% | 18.43% | 15.97% | 12.45% | 11.78% | 9.98% | 15.02% | 14.58% | 16.32% | 12.56% | 13.19% | 12.83% |
| Total Other Income/Expenses | -1.04B | -318.00M | -473.00M | -425.00M | -293.00M | -179.00M | -508.00M | -422.00M | -229.00M | -497.00M | -372.00M | -494.00M | -451.00M | -129.00M | -266.00M | -336.00M | -21.00M | -267.00M | -304.00M | -45.00M | -130.00M | -980.00M | -290.00M | -213.00M | -164.00M | -9.00M | -167.00M | -80.00M | -53.00M | -171.30M | -185.40M | -147.00M | -218.30M | -137.50M | -87.60M | -141.30M | -13.90M | -65.70M | -20.60M |
| Income Before Tax | 1.75B | 1.38B | 1.82B | 1.36B | 1.66B | 1.69B | 2.01B | 827.00M | 1.88B | 1.42B | 1.49B | 1.40B | 1.60B | 1.30B | 617.00M | 908.00M | 1.24B | 1.06B | 947.00M | 1.06B | 500.00M | -28.00M | 634.00M | 989.00M | 945.00M | 1.27B | 1.15B | 1.22B | 1.25B | 839.80M | 531.20M | 537.80M | 348.10M | 766.90M | 748.70M | 779.00M | 636.90M | 552.60M | 537.10M |
| Income Before Tax Ratio | 9.58% | 7.82% | 10.80% | 9.85% | 10.97% | 11.01% | 13.61% | 5.61% | 12.28% | 9.22% | 9.86% | 9.22% | 10.73% | 9.65% | 5.04% | 5.73% | 11.09% | 9.60% | 9.28% | 11.17% | 5.71% | -0.35% | 7.76% | 11.46% | 12.18% | 16.87% | 15.57% | 16.83% | 17.67% | 13.26% | 9.23% | 9.25% | 6.14% | 12.74% | 13.06% | 13.82% | 12.29% | 11.79% | 12.36% |
| Income Tax Expense | 439.00M | 325.00M | 374.00M | 291.00M | 392.00M | 353.00M | 579.00M | 241.00M | 456.00M | 259.00M | 333.00M | 338.00M | 385.00M | 415.00M | 191.00M | 284.00M | 355.00M | 278.00M | 282.00M | 322.00M | 293.00M | -7.00M | 247.00M | 369.00M | 377.00M | 466.00M | 435.00M | 471.00M | 479.70M | 325.20M | 236.20M | 218.40M | 146.70M | 292.10M | 283.50M | 311.40M | 259.80M | 236.20M | 234.40M |
| Net Income | 1.27B | 1.03B | 1.44B | 1.06B | 1.24B | 1.34B | 1.59B | 873.00M | 1.41B | 2.10B | 3.23B | 941.00M | 1.10B | 769.00M | 336.00M | 538.00M | 834.00M | 711.00M | 596.00M | 683.00M | 494.00M | -69.00M | 387.00M | 620.00M | 568.00M | 801.00M | 714.00M | 744.00M | 768.00M | 514.60M | 22.20M | 319.40M | 201.40M | 474.80M | 465.20M | 467.60M | 377.10M | 316.40M | 302.70M |
| Net Income Ratio | 6.96% | 5.81% | 8.56% | 7.66% | 8.21% | 8.72% | 10.81% | 5.92% | 9.17% | 13.68% | 21.39% | 6.19% | 7.36% | 5.73% | 2.75% | 3.39% | 7.44% | 6.44% | 5.84% | 7.18% | 5.64% | -0.86% | 4.74% | 7.19% | 7.32% | 10.67% | 9.68% | 10.31% | 10.88% | 8.13% | 0.39% | 5.49% | 3.55% | 7.89% | 8.11% | 8.29% | 7.28% | 6.75% | 6.97% |
| EPS | 5.38 | 4.35 | 6.06 | 4.47 | 5.25 | 5.50 | 6.22 | 3.30 | 5.18 | 7.60 | 11.27 | 3.07 | 3.48 | 2.34 | 1.02 | 1.64 | 2.54 | 2.15 | 1.76 | 1.99 | 1.46 | -0.20 | 1.15 | 1.80 | 1.64 | 2.26 | 1.99 | 1.98 | 1.90 | 1.22 | 0.05 | 0.76 | 0.48 | 1.11 | 1.05 | 1.07 | 0.80 | 0.67 | 0.57 |
| EPS Diluted | 5.35 | 4.32 | 6.01 | 4.45 | 5.22 | 5.46 | 6.18 | 3.28 | 5.14 | 7.52 | 11.14 | 3.03 | 3.44 | 2.32 | 1.01 | 1.63 | 2.52 | 2.13 | 1.75 | 1.98 | 1.45 | -0.20 | 1.15 | 1.79 | 1.62 | 2.24 | 1.97 | 1.97 | 1.89 | 1.22 | 0.05 | 0.75 | 0.47 | 1.11 | 1.04 | 1.06 | 0.80 | 0.67 | 0.57 |
| Weighted Avg Shares Out | 236.00M | 236.10M | 237.60M | 236.80M | 236.90M | 243.90M | 256.10M | 265.60M | 271.40M | 276.60M | 286.80M | 306.80M | 314.60M | 329.00M | 329.60M | 329.20M | 329.00M | 331.47M | 339.60M | 343.22M | 339.52M | 336.59M | 336.52M | 344.44M | 347.40M | 354.42M | 359.70M | 375.60M | 404.00M | 423.80M | 444.00M | 423.05M | 424.00M | 427.75M | 445.17M | 439.06M | 471.38M | 475.79M | 531.05M |
| Weighted Avg Shares Out (Dil) | 237.20M | 237.30M | 239.40M | 237.90M | 238.20M | 245.40M | 257.80M | 267.40M | 273.60M | 279.60M | 290.20M | 310.20M | 318.60M | 329.00M | 331.00M | 331.08M | 329.00M | 333.02M | 341.55M | 345.82M | 341.87M | 336.59M | 337.99M | 347.34M | 351.70M | 357.59M | 362.44M | 379.00M | 406.60M | 428.80M | 444.00M | 425.87M | 428.51M | 429.68M | 447.31M | 441.13M | 471.38M | 475.79M | 531.05M |
These 5 Stocks Have 50 Years of Dividend Growth—Here's How to Find More
With a new presidential administration set to take office on Jan. 20, 2025, some investors may be uncertain about how new policies and personnel will affect the stock market and interest rates. Will tariffs, discarded trade deals, and frayed alliances...
PPG completes on-site solar installation at Caivano, Italy facility
CAIVANO, Italy--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the completion of an on-site solar installation at its Caivano, Italy facility that will enable progress toward the company's 2030 greenhouse gas emissions reduction targets. The project is part of a partnership with Grastim,...
PPG Wraps Up Sale of Architectural Coatings U.S. & Canada Business
The transaction of PPG's silicas products business further optimizes its portfolio by improving its organic growth and financial return profiles.
American Industrial Partners Completes Acquisition of PPG's U.S. and Canadian Architectural Coatings Business
125-year-old business, renamed The Pittsburgh Paints Company, will be wholly focused on supplying professionals and DIYers with industry leading products and best-in-class innovation CRANBERRY TOWNSHIP, Pa. , Dec. 2, 2024 /PRNewswire/ -- American Industrial Partners ("AIP"), today completed its previously...
PPG completes sale of architectural coatings U.S. and Canada business to American Industrial Partners
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that it has completed the sale of 100% of its architectural coatings business in the U.S. and Canada at a transaction value of $550 million to American Industrial Partners (AIP), an industrials investor. PPG's...
PPG Receives 50th Order for Electrostatic Marine Coating Application
PPG, with decades of experience in the aerospace and automotive industries, brought electrostatic coatings to the shipping business just over a year ago.
PPG Wraps Up Sale of Silicas Products Business to QEMETICA
The divestment includes PPG's precipitated silica manufacturing plants in Lake Charles, LA, and Delfzijl, the Netherlands.
My Best Dividend Aristocrats For December 2024
The ProShares S&P 500 Dividend Aristocrat ETF is up 10.26% year-to-date through October. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 40 months of tracking these strategies, two strategies are generating...
PPG recognized in Newsweek's America's Greenest Companies list
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has been named to Newsweek magazine's America's Greenest Companies 2025 list. The list recognizes the top 500 private and public U.S. companies committed to reducing their environmental impact in key areas including greenhouse...
PPG completes sale of silicas products business to QEMETICA
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that it has completed the sale of its silicas products business for approximately $310 million in pre-tax proceeds to QEMETICA a Warsaw, Poland-based, privately held manufacturer of soda ash, silicates and other specialty chemicals....
Source: https://incomestatements.info
Category: Stock Reports