Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026
Basics
Sector
Basic Materials
Industry
Specialty Chemicals
Country
United States
Market cap
27.0B USD
Enterprise value
29.2B USD
Full-time employees
43,500
Overall health
Strength:more profitable than most peersmore profitable than peers
Strength:growing faster than most peersgrowing faster than peers
Drawback:higher risk than most peers: its share price swings more than most peers’ (beta 1.06 vs a peer median of 0.69) and more debt relative to equity (0.82× vs a peer median of 0.36×)higher risk: bigger price swings (beta 1.06 vs peers 0.69) and more debt vs equity (0.82× vs peers 0.36×)
About average: valuation
Ranks #542 of 1,217 basic materials companies (top 45%)
Share count shrinking. Shares outstanding down 5.4% from December 2022 to June 2026.
PPG Industries had 5.4% fewer shares at June 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.
StockQuotient Score
54/ 100▼ 1 since Oct 27 closeOct 5 57 → Nov 4 54 (-3)
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 60 → 57
Share price +6.9%-2
Peer companies moved-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Return on invested capital, operating margin, and return on assets.
Operating margin13.7%
Yahoo Finance fallback · SEC operating income not reported in standard form · fiscal year to Dec 2025Reported value33% base weight · Z-score 0.99Sector median: 0.0757 · MAD: 0.0617
Return on assets7.0%
SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 1.69Sector median: 0.0249 · MAD: 0.0265
Return on invested capital12.7%
Yahoo Finance fallback · SEC operating income or invested capital unavailable · trailing 12 monthsReported value33% base weight · Z-score 1.04Sector median: 0.0675 · MAD: 0.0575
Other data (not scored)
Gross margin40.9%
SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.2138 · MAD: 0.1202
Return on equity18.6%
SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0537 · MAD: 0.0694
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about PPG Industries
Is PPG Industries getting weaker?
Its latest SEC filing (Jul 29, 2026) showed no major changes. Its overall score is 54/100, down 1 since Oct 28, 2026.
How is PPG Industries valued vs its peers?
Priced about in line with its peers. Valuation scores 57/100 against 1,371 basic materials peers.Earnings yield 5.8% vs a peer median of 3.6% (stronger than 65% of peers).Earnings yield 5.8% vs peers 3.6% (stronger than 65% of peers).
Is PPG Industries growing?
Yes, faster than most of its peers. Growth scores 65/100 against 1,371 basic materials peers.Earnings per share growth 57.9% vs a peer median of 9.4% (stronger than 77% of peers).Earnings per share growth 57.9% vs peers 9.4% (stronger than 77% of peers).
How profitable is PPG Industries?
More profitable than most of its peers. Profitability scores 76/100 against 1,371 basic materials peers.Return on assets 7.0% vs a peer median of 2.5% (stronger than 80% of peers).Return on assets 7.0% vs peers 2.5% (stronger than 80% of peers).
How risky is PPG Industries?
Higher risk relative to 1,371 basic materials peers, judged on debt, liquidity and share-price swings.Debt / equity 0.82× vs a peer median of 0.36× (weaker than 77% of peers).Debt / equity 0.82× vs peers 0.36× (weaker than 77% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Jul 29, 2026 · compared with the quarter ended Mar 31, 2026
No major changes
Previous quarter
Latest quarter
Change
Revenue (12 months)
16.1B USD
16.4B USD
+1.9%
Net income (12 months)
1.6B USD
1.6B USD
−0.8%
Free cash flow (12 months)
1.2B USD
1.4B USD
+14.7%
Debt
7.1B USD
6.9B USD
−3.6%
Cash
1.6B USD
1.5B USD
−3.4%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Industry: Specialty Chemicals · 32 companies
Valuations in Specialty Chemicals are above their usual range since 2016.
74% of months since 2016 were valued lower than now.
17% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values −8% and earnings +13% (medians): earnings grew faster than prices.
Median price-to-sales is −36% vs the whole market, against a usual −31%.
2016Shaded: most expensive fifth of its range2026
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
38.8%
36.1%
40.4%
41.6%
41.3%
▼ 0.3 pts
Operating margin
12.9%
13.1%
16.5%
11.6%
12.9%
▲ 1.3 pts
Net margin
8.6%
6.6%
7.8%
7.0%
9.9%
▲ 2.9 pts
Return on assets (ROA)
6.7%
4.9%
5.9%
5.7%
7.1%
▲ 1.4 pts
Return on equity (ROE)
22.9%
15.6%
16.2%
16.4%
19.8%
▲ 3.4 pts
Free cash flow margin
7.1%
3.1%
11.7%
4.4%
7.3%
▲ 2.9 pts
Current ratio
1.42×
1.52×
1.47×
1.31×
1.62×
▲ 24%
Quick ratio
0.97×
1.04×
1.09×
0.94×
1.22×
▲ 30%
Debt to equity
1.05×
1.03×
0.77×
0.86×
0.92×
▲ 7.4%
Interest coverage
17.94×
12.23×
10.83×
7.65×
8.51×
▲ 11%
PPG price history
Price history is added with the daily price update and will appear after the next one.