📊 PPG Key Takeaways
Is Ppg Industries Inc. (PPG) a Good Investment?
PPG demonstrates solid operational efficiency with 12.9% operating margin and strong returns on equity (19.8%), supported by healthy free cash flow generation of $1.2B. However, stagnant revenue growth (+0.2% YoY) and modest net income decline (-1.0% YoY) suggest the company faces headwinds in its core markets, though the 46.1% EPS growth indicates effective capital management through buybacks.
PPG Industries shows solid core fundamentals, with healthy operating and net margins, strong returns on equity, and adequate free cash flow generation supported by good liquidity. However, revenue growth is essentially flat and net income declined slightly year over year, which suggests stable but not accelerating business momentum. The balance sheet is manageable, but leverage remains meaningful enough that future improvement depends on stronger organic growth and sustained margin execution.
Why Buy Ppg Industries Inc. Stock? PPG Key Strengths
- Strong profitability with 9.9% net margin and 19.8% ROE indicating efficient capital deployment
- Robust liquidity position with 1.62x current ratio and $2.2B cash, providing financial flexibility
- Solid free cash flow generation of $1.2B (7.3% FCF margin) supporting dividends and share repurchases
- Conservative leverage at 0.92x debt-to-equity with 11.2x interest coverage, indicating low financial risk
- High insider activity with 79 Form 4 filings suggesting confidence in company direction
- Solid profitability with 12.9% operating margin, 9.9% net margin, and 19.8% ROE
- Good financial health with 1.62x current ratio, 1.22x quick ratio, and 11.2x interest coverage
- Positive free cash flow of $1.16B provides flexibility for debt service, capital investment, and shareholder returns
PPG Stock Risks: Ppg Industries Inc. Investment Risks
- Near-flat revenue growth (+0.2% YoY) indicates stagnation in end markets (construction, automotive, industrial)
- Net income declining despite stable revenue suggests margin compression from input cost inflation or competitive pressures
- Elevated long-term debt of $7.3B relative to equity base may limit financial flexibility if revenues deteriorate
- Missing gross margin data limits visibility into underlying pricing power and cost management
- Capital intensity with $778M capex required to maintain competitive position in cyclical industry
- Revenue growth is minimal at 0.2% YoY, indicating limited top-line momentum
- Net income declined 1.0% YoY, suggesting earnings quality is not clearly improving despite EPS growth
- Debt remains notable with $7.30B long-term debt and 0.92x debt-to-equity, limiting balance-sheet flexibility if conditions weaken
Key Metrics to Watch
- Revenue growth acceleration - critical to demonstrate market demand recovery
- Operating margin trend - monitor for further compression from input costs or pricing pressure
- Free cash flow sustainability - ensure capex requirements don't erode cash generation
- Debt reduction progress - track debt/equity ratio improvement to strengthen balance sheet
- Working capital efficiency - monitor inventory and receivables management in stagnant revenue environment
- Organic revenue growth and operating margin trend
- Free cash flow conversion and net debt reduction
Ppg Industries Inc. (PPG) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Ppg Industries Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
PPG Profit Margin, ROE & Profitability Analysis
PPG vs Market Sector: How Ppg Industries Inc. Compares
How Ppg Industries Inc. compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Ppg Industries Inc. Stock Overvalued? PPG Valuation Analysis 2026
Based on fundamental analysis, Ppg Industries Inc. has mixed fundamental signals relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Ppg Industries Inc. Balance Sheet: PPG Debt, Cash & Liquidity
PPG Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Ppg Industries Inc.'s revenue has remained relatively flat over the 5-year period, with a 3% decline. The most recent EPS of $5.35 reflects profitable operations.
PPG Revenue Growth, EPS Growth & YoY Performance
PPG Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $4.0B | $453.0M | $2.00 |
| Q2 2025 | $4.2B | $450.0M | $1.98 |
| Q1 2025 | $3.7B | $373.0M | $1.63 |
| Q3 2024 | $4.6B | $426.0M | $1.79 |
| Q2 2024 | $4.8B | $490.0M | $2.06 |
| Q1 2024 | $4.3B | $264.0M | $1.11 |
| Q3 2023 | $4.5B | $329.0M | $1.39 |
| Q1 2023 | $4.3B | $18.0M | $0.08 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Ppg Industries Inc. Dividends, Buybacks & Capital Allocation
PPG SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Ppg Industries Inc. (CIK: 0000079879)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Apr 16, 2026 | 4 | xslF345X06/wk-form4_1776365711.xml | View → |
| Apr 16, 2026 | 4 | xslF345X06/wk-form4_1776365679.xml | View → |
| Apr 16, 2026 | 4 | xslF345X06/wk-form4_1776365632.xml | View → |
| Apr 16, 2026 | 4 | xslF345X06/wk-form4_1776365598.xml | View → |
| Apr 16, 2026 | 4 | xslF345X06/wk-form4_1776365538.xml | View → |
❓ Frequently Asked Questions about PPG
What is the AI rating for PPG?
Ppg Industries Inc. (PPG) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (HOLD) with 76% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are PPG's key strengths?
Claude: Strong profitability with 9.9% net margin and 19.8% ROE indicating efficient capital deployment. Robust liquidity position with 1.62x current ratio and $2.2B cash, providing financial flexibility. ChatGPT: Solid profitability with 12.9% operating margin, 9.9% net margin, and 19.8% ROE. Good financial health with 1.62x current ratio, 1.22x quick ratio, and 11.2x interest coverage.
What are the risks of investing in PPG?
Claude: Near-flat revenue growth (+0.2% YoY) indicates stagnation in end markets (construction, automotive, industrial). Net income declining despite stable revenue suggests margin compression from input cost inflation or competitive pressures. ChatGPT: Revenue growth is minimal at 0.2% YoY, indicating limited top-line momentum. Net income declined 1.0% YoY, suggesting earnings quality is not clearly improving despite EPS growth.
What is PPG's revenue and growth?
Ppg Industries Inc. reported revenue of $15.9B.
Does PPG pay dividends?
Ppg Industries Inc. pays dividends, with $628.0M distributed to shareholders in the trailing twelve months.
Where can I find PPG SEC filings?
Official SEC filings for Ppg Industries Inc. (CIK: 0000079879) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is PPG's EPS?
Ppg Industries Inc. has a diluted EPS of $6.94.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is PPG a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Ppg Industries Inc. has a BUY rating with 76% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is PPG stock overvalued or undervalued?
Valuation metrics for PPG: ROE of 19.8% (sector avg: 15%), net margin of 9.9% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.
Should I buy PPG stock in 2026?
Our dual AI analysis gives Ppg Industries Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is PPG's free cash flow?
Ppg Industries Inc.'s operating cash flow is $1.9B, with capital expenditures of $778.0M. FCF margin is 7.3%.
How does PPG compare to other Market stocks?
Vs Default sector averages: Net margin 9.9% (avg: 12%), ROE 19.8% (avg: 15%), current ratio 1.62 (avg: 1.8).