Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Ppg Industries Inc

PPG · NYSE · Materials

Fundamental quality

REASONABLE

68

out of 100

Ppg Industries Inc earns a fundamental-quality score of 68 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its profitability (net margin 9.8%). Its weakest area is its growth (revenue +3%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

PPG Industries is one of the world's largest paint and coatings makers: it paints cars at the factory and the body shop, planes, ships, packaging and walls. A formulated-chemistry business where brand and distribution network are worth as much as the product.

What will shape its future

  • Industrial and automotive volumes, its lead markets.
  • Resin and pigment costs: when they fall, margins breathe.
  • Auto refinish, its jewel of margins and recurrence.

Breakdown by area

I.Growth
48

EPS growth: 9% · Revenue growth: 3%

II.Profitability
73

Net margin: 9.8% · ROE: 19.6% · ROIC: 15.3%

III.Financial health
71

Net debt/EBITDA: 1.72x · FCF: 7.6%

Source: SEC EDGAR · TTM through 31/03/2026

The score includes +4 for dividend strength: 55 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength. Here its profitability weighs in its favor, while its growth drags it down the most.

Versus its sector

Percentile against the other 27 Materials companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 56%
ROEbeats 74%
Growthbeats 15%
Cash generationbeats 64%
Less debtbeats 56%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Ppg Industries Inc strengths

  • Strong return on equity (ROE of 19.6%): it puts shareholder capital to good use.
  • Solid net margin (9.8%): the business is clearly profitable.
  • Positive free cash flow year after year, a self-funding business.

Ppg Industries Inc risks and weaknesses

  • Its net debt has grown over the period.

Ppg Industries Inc historical evolution

YearRevenueNet incomeFree cash flowNet debt
202013,8341,0591,8263,520
202116,8021,4391,1915,570
202215,6141,0264775,707
202316,2421,2701,8954,557
202415,8451,1166994,538
202515,8751,5761,1635,141

Between 2020 and 2025, revenue went from $13,834M to $15,875M (+15%) and net income went from $1,059M to $1,576M (+49%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue+6.7%
  • Net income+2.4%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$2.78

per share, yearly

39.8% of earnings

Payout

55 straight years raising it

Growth

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Ppg Industries Inc cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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Frequently asked questions

Is Ppg Industries Inc a good company to invest in?

In terms of business quality, Ppg Industries Inc scores 68 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Ppg Industries Inc a profitable company?

Ppg Industries Inc is profitable, with a net margin of 9.8%, though a thin one.

Does Ppg Industries Inc have a lot of debt?

A moderate level: its net debt is 1.72 times its EBITDA.

Is Ppg Industries Inc growing?

Its revenue has grown 3% annualized in recent years and its earnings per share 9%.

Does Ppg Industries Inc generate cash?

Yes. It converts about 7.6% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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