PPG Industries, Inc.
PPG Basic Materials Specialty Chemicals
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.
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PPG Industries, Inc. (PPG) Gross margin
PPG Industries, Inc.'s gross margin over the twelve months to 30 June 2026 was 40.9%, down 0.4 percentage points from fiscal 2025 (41.3%). Over the past ten years it has ranged from 36.1% (fiscal 2022) to 46.3% (fiscal 2016); the current reading is higher than 36% of that period. That is above the Specialty Chemicals industry median of 29.2% and above the Basic Materials sector median of 25.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 41.3% | (0.29) |
| FY2024 | 41.6% | 1.20 |
| FY2023 | 40.4% | 4.29 |
| FY2022 | 36.1% | (2.66) |
| FY2021 | 38.8% | (5.00) |
| FY2020 | 43.8% | 0.91 |
| FY2019 | 42.9% | 1.42 |
| FY2018 | 41.5% | (2.89) |
| FY2017 | 44.3% | (1.95) |
| FY2016 | 46.3% | 0.96 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 40.2% | (1.89) |
| Mar 2026 | 42.1% | 1.28 |
| Dec 2025 | 40.8% | 0.26 |
| Sep 2025 | 40.6% | (1.46) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| RPM RPM International Inc. compare | 41.2% |
| PPG PPG Industries, Inc. | 40.9% |
| IFF International Flavors & Fragrances Inc. compare | 36.5% |
| DD DuPont de Nemours, Inc. compare | 35.1% |
| SSL Sasol Ltd. compare | 33.5% |
| APD Air Products and Chemicals, Inc. compare | 32.1% |
| SOLS Solstice Advanced Materials Inc. compare | 30.6% |
| ALB Albemarle Corporation compare | 23.8% |
| LYB LyondellBasell Industries N.V. compare | 12.8% |
| Specialty Chemicals industry median | 29.2% |
| Basic Materials sector median | 25.1% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on PPG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement