Analyze Portfolio
NYSE · Materials

PPG INDUSTRIES INC (PPG)

As-reported financials and recent SEC filings for PPG INDUSTRIES INC, latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About PPG INDUSTRIES INC

PPG Industries Inc manufactures and distributes paints, coatings, and specialty products for various industries worldwide. Its main products include architectural coatings for residential and commercial buildings, performance coatings for aerospace, automotive refinish, protective and marine applications, and industrial coatings for automotive original equipment manufacturers, appliances, packaging, and specialty products. PPG serves customers such as contractors, manufacturers, government agencies, and consumers across more than 50 countries.

Snapshot

Revenue
$15.88B
Revenue growth (YoY)
0.2%
Net income
$1.58B
Diluted EPS
$6.94
Gross margin
41.3%
Operating margin
Net margin
9.9%
FCF margin
7.3%
ROE
19.5%
P/E (TTM)
17.0×
Market cap
Debt / equity
0.8×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Ppg Industries

  • Revenue grew 0.2% to $15.9B in FY2025, after a 2.4% decline the year before.
  • Most recent quarter Q1 FY2026: revenue $3.9B, up 6.7% from Q1 FY2025.
  • Free cash flow was $1.2B in FY2025, 7.3% of revenue.
  • Net income rose 41.2% to $1.6B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Ppg Industries’s fundamentals sit among the 241 Materials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin41.3%
78th percentile of 191
Net margin9.9%
80th percentile of 221
FCF margin7.3%
63rd percentile of 205
Revenue growth (YoY)+0.2%
43rd percentile of 236
ROE19.5%
88th percentile of 217
P/E (TTM)17.0×
33rd percentile of 133
Debt / equity0.82×
63rd percentile of 168
Short interest3.27d
38th percentile of 236

Ppg Industries’s return on equity of 19.5% ranks in the 88th percentile of the 217 Materials companies reporting it.

2 open-market insider buys totaling $1,344 in the last 90 days. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
3
+4 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
4
3 trimmed, 1 exited
Combined position
$807.5M
reported long value
InvestorAs ofPosition valueSharesChange
First Eagle Investment ManagementQ1 2026$687.8M6.4MAdded
AQR Capital ManagementquantQ1 2026$46.8M443.9KAdded
Two Sigma InvestmentsquantQ1 2026$27.9M261.4KReduced
Millennium ManagementquantQ1 2026$19.5M182.3KReduced
Gotham Asset ManagementQ1 2026$18.6M173.7KAdded
Citadel AdvisorsquantQ1 2026$6.7M62.3KReduced
Dodge & CoxQ1 2026$235,1362.2KHeld

No longer held by: D. E. Shaw (as of Q1 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
2
1 insider
Bought (90d)
$1K
open-market value
Sells (90d)
0
Signal
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-12
filed 2026-06-16
Hefel Juliane M.Sr. VP, Ind Coatings & Sp ProdBuy9$114.84$1K
2026-06-12
filed 2026-06-16
Hefel Juliane M.Sr. VP, Ind Coatings & Sp ProdBuy3$121.45$342

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
6.3M
settled 2026-07-15
Change vs prior
-12.4%
vs previous settlement
Days to cover
3.27
at avg daily volume
Avg daily volume
1.9M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-156.3M-12.4%3.27
2026-06-307.2M-16.9%3.18
2026-06-158.7M+9.1%5.08
2026-05-298.0M+6.4%3.71
2026-05-157.5M+18.7%4.62
2026-04-306.3M-6.2%2.68
2026-04-156.7M-7.2%3.66
2026-03-317.3M+9.6%3.13

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$15.88B$15.85B$16.24B$15.61B$16.80B
Gross profit$6.56B$6.59B$6.56B$5.64B$6.52B
Operating income$2.67B$2.04B$2.17B
Net income$1.58B$1.12B$1.27B$1.03B$1.44B
Diluted EPS$6.94$4.75$5.35$4.32$6.01

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.94B$1.42B$2.41B$963.0M$1.56B
Capital expenditure$778.0M$721.0M$516.0M$486.0M$371.0M
Free cash flow$1.16B$699.0M$1.90B$477.0M$1.19B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$3.93B6.7%$382.0M$1.70
Q4 FY2025$3.91B5.0%$300.0M$1.33
Q3 FY2025$4.08B1.2%$453.0M$2.00
Q2 FY2025$4.20B-0.9%$450.0M$1.98
Q1 FY2025$3.68B-4.3%$373.0M$1.63
Q4 FY2024$3.73B59.0%$-280.0M$-1.20
Q3 FY2024$4.03B-13.2%$468.0M$2.00
Q2 FY2024$4.24B-13.1%$528.0M$2.24

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorMaterials
SIC industryPaints, Varnishes, Lacquers, Enamels & Allied Prods
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2022
SEC CIK79879

Recent SEC filings

10-K2026-02-19
View on EDGAR →
10-K2025-02-20
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
10-Q2025-10-29
View on EDGAR →
10-Q2025-07-30
View on EDGAR →
10-Q2025-04-30
View on EDGAR →
8-K2026-04-28
View on EDGAR →
8-K2026-04-28
View on EDGAR →

Largest Materials peers

All Materials companies →

Monitor PPG

Get an alert when Ppg Industries files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor PPG free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.