Saturday 17 October 2026 Export PPG’s income statement to Excel — free account

PPG Industries, Inc.

PPG Industries, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $15.9 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 7.15%, EPS fell 1.01%, free cash flow grew 67.7% and total debt fell 6.08%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years; insiders bought in the last twelve months.

107.39 0.42 −0.39%

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Market cap: $24.0B
P/E: 15.3×
Fwd P/E: 15.5×
Dividend yield: 2.67%
F-score: 6/9
Altman Z: 3.65
Beneish M: −2.47
Dividend safety: 79/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16
P/E ratio Full definition →	14.70	25.09	27.38	29.09	28.50	32.19	25.43	18.39	18.55	28.86
Piotroski F-Score Full definition →	6	7	8	5	6	5	6	5	6	8
P/S ratio Full definition →	1.46	1.76	2.14	1.92	2.44	2.47	2.09	1.62	2.05	1.77
Altman Z-Score Full definition →	3.65	4.19	4.17	3.83	4.15	3.98	4.34	4.36	4.60	4.30
Altman Z″-Score (non-manufacturers) Full definition →	5.56	5.51	5.27	5.08	4.72	4.90	5.28	5.54	5.79	5.58
P/FCF ratio Full definition →	19.94	39.95	18.34	62.78	33.10	18.70	18.97	23.61	25.02	26.05
Beneish M-Score Full definition →	(2.47)	(2.53)	(2.85)	(2.37)	(2.27)	(2.74)	(2.69)	(2.53)	(2.38)	(2.77)
P/Operating CF Full definition →	26.14	80.72	38.71	51.02	89.85	35.35	39.09	31.17	56.38	44.00
Dividend Safety Score Full definition →	79	—	—	—	—	—	—	—	—	—
P/B ratio Full definition →	2.86	4.01	4.33	4.46	6.39	5.87	5.85	5.27	5.33	5.15
Price to Tangible BV Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EV/Sales Full definition →	1.78	2.04	2.42	2.28	2.77	2.75	2.34	1.89	2.23	1.95
EV/EBITDA Full definition →	10.51	12.72	14.32	16.68	20.24	17.96	15.52	12.64	12.97	11.58
EV/Operating CF Full definition →	14.57	22.81	16.28	36.98	29.76	17.83	17.02	19.76	20.97	20.62
EV/FCF Full definition →	24.31	46.33	20.71	74.65	37.55	20.80	21.24	27.45	27.21	28.68
Quick Ratio Full definition →	1.13	0.87	0.91	0.94	0.89	0.96	0.92	0.87	1.13	1.06
Current Ratio Full definition →	1.62	1.31	1.47	1.52	1.42	1.41	1.41	1.36	1.66	1.55
Net Debt/EBITDA Full definition →	1.89	1.75	1.64	2.65	2.40	1.81	1.66	1.77	1.05	1.06
Debt/Assets Full definition →	33.07%	29.92%	27.97%	32.86%	30.82%	29.40%	28.53%	31.32%	25.07%	28.00%
Debt/Equity Full definition →	0.90	0.84	0.75	1.02	1.03	0.99	0.94	1.06	0.73	0.90
Asset Turnover Full definition →	0.76	0.77	0.77	0.74	0.82	0.74	0.90	0.94	0.91	0.87
Operating CF/Net income Full definition →	1.23	1.27	1.90	0.94	1.09	2.01	1.67	1.09	0.98	1.55
Capex/Depreciation Full definition →	(1.47)	(1.47)	(1.00)	(0.97)	(0.58)	(0.60)	(0.81)	(0.83)	(0.78)	(0.86)
Interest Coverage Full definition →	8.98	8.52	9.02	9.78	14.35	11.64	13.41	15.22	19.75	15.73
ROE Full definition →	20.93%	14.89%	17.24%	15.64%	23.54%	18.88%	24.53%	25.78%	30.11%	17.49%
ROA Full definition →	7.59%	5.43%	5.99%	4.87%	7.04%	5.68%	7.37%	8.24%	9.87%	5.32%
ROIC Full definition →	10.25%	11.24%	11.13%	8.25%	9.10%	10.41%	12.05%	12.78%	15.57%	16.45%
Return on Tangible Assets Full definition →	22.31%	22.29%	21.80%	17.75%	26.40%	20.79%	26.02%	30.53%	29.49%	17.71%
Average Days of Receivables Full definition →	76.70	68.76	67.58	77.21	68.47	71.92	66.42	67.54	71.85	67.88
Research and Development Expense of Revenue Full definition →	2.66%	2.67%	2.61%	2.78%	2.61%	2.74%	2.85%	2.87%	3.06%	3.17%
Selling, General and Administrative Expense of Revenue Full definition →	21.66%	21.40%	20.94%	19.45%	22.50%	24.50%	23.80%	23.24%	24.10%	24.91%
Intangible Assets out of Total Assets Full definition →	0.37	0.39	0.39	0.41	0.42	0.38	0.37	0.38	0.36	0.35
Share Based Compensation of Revenue Full definition →	0.29%	0.27%	0.34%	0.22%	0.34%	0.32%	0.26%	0.24%	0.24%	0.32%
Graham Net Nets Full definition →	(0.26)	(0.21)	(0.18)	(0.23)	(0.20)	(0.20)	(0.19)	(0.21)	(0.15)	(0.17)
Graham Number Full definition →	74.91	56.47	64.15	52.80	60.61	49.75	51.90	49.27	56.30	37.07
Earnings Yield Full definition →	6.80%	3.98%	3.65%	3.44%	3.51%	3.11%	3.93%	5.44%	5.39%	3.46%
Free Cash Flow Yield Full definition →	5.02%	2.50%	5.45%	1.59%	3.02%	5.35%	5.27%	4.24%	4.00%	3.84%
Revenue per Share Full definition →	70.15	67.77	68.82	66.13	70.72	58.42	63.93	63.03	57.59	53.73
Operating CF per Share Full definition →	8.58	6.07	10.22	4.08	6.57	8.99	8.78	6.01	6.12	5.09
Capex per Share Full definition →	(3.44)	(3.08)	(2.19)	(2.06)	(1.36)	(1.28)	(1.74)	(1.69)	(1.41)	(1.43)
Free Cash Flow per Share Full definition →	5.14	2.99	8.03	2.02	5.21	7.71	7.04	4.33	4.72	3.66
Cash per Share Full definition →	9.81	5.81	6.64	4.89	4.51	8.12	5.37	3.95	5.82	7.01
Shareholders Equity per Share Full definition →	35.78	29.78	34.00	28.42	26.98	24.56	22.81	19.40	22.15	18.51
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	35.78	29.78	34.00	28.42	26.98	24.56	22.81	19.40	22.15	18.51
Free Cash Flow Full definition →	1,163.00	699.00	1,895.00	477.00	1,238.00	1,826.00	1,667.00	1,056.00	1,208.00	971.00
Working Capital Full definition →	3,059.00	1,543.00	2,377.00	2,452.00	2,008.00	1,967.00	1,795.00	1,588.00	2,582.00	2,321.00
Capital Expenditures Full definition →	(778.00)	(721.00)	(516.00)	(486.00)	(324.00)	(304.00)	(413.00)	(411.00)	(360.00)	(380.00)
Net Current Asset Value Full definition →	(6,042.00)	(5,914.00)	(6,193.00)	(6,862.00)	(8,166.00)	(6,943.00)	(6,135.00)	(5,322.00)	(4,389.00)	(4,282.00)
EV/EBIT Full definition →	13.07	15.77	17.62	21.81	26.77	23.65	20.00	16.14	15.85	14.17
Capex to Sales Full definition →	0.05	0.05	0.03	0.03	0.02	0.02	0.03	0.03	0.02	0.03
Price to Operating Income Full definition →	10.72	13.60	15.61	18.34	23.60	21.26	17.87	13.88	14.57	12.87
Other line items
Depreciation/Fixed assets Full definition →	0.13	0.14	0.15	0.15	0.16	0.16	0.17	0.18	0.16	0.17
Cash ROIC Full definition →	6.60%	4.95%	12.11%	3.25%	8.80%	13.54%	14.21%	9.86%	10.68%	8.67%
Accounts Receivable Turnover Full definition →	5.02	5.29	5.15	4.84	5.72	5.05	5.41	5.35	5.31	5.32
Accounts Payable Turnover Full definition →	2.42	2.34	2.35	2.35	2.51	2.13	2.43	2.43	2.27	2.23
Inventory Turnover Full definition →	4.85	4.90	4.60	4.49	5.27	4.51	4.95	5.12	5.06	4.83
Average Days of Payables Full definition →	155.03	147.19	156.93	149.55	155.85	177.97	147.47	146.92	168.12	164.76
Days of Inventory on Hand Full definition →	78.20	72.83	72.94	83.14	77.04	81.43	72.13	72.30	76.92	72.10
Average Receivables Full definition →	3,160.50	2,996.00	3,155.00	3,227.50	2,939.00	2,741.00	2,800.50	2,874.00	2,778.50	2,681.50
Average Payables Full definition →	3,844.00	3,946.00	4,124.00	4,239.50	4,092.00	3,644.00	3,559.50	3,702.00	3,620.50	3,439.50
Average Inventory Full definition →	1,921.00	1,890.00	2,103.00	2,221.50	1,953.00	1,722.50	1,746.50	1,756.50	1,622.00	1,586.50
Average Assets Full definition →	20,765.50	20,540.00	21,195.50	21,047.50	20,453.50	18,632.00	16,861.50	16,276.50	16,154.50	16,423.50
Average Common Equity Full definition →	7,529.50	7,492.50	7,366.00	6,560.00	6,113.00	5,609.00	5,067.50	5,202.00	5,293.50	4,992.00

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Columns are period end dates

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