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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.

107.39 0.42 −0.39%
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

PPG Industries, Inc. (PPG) Operating margin

Alert me on Operating margin

PPG Industries, Inc.'s operating margin over the twelve months to 30 June 2026 was 13.4%, down 0.3 percentage points from fiscal 2025 (13.6%). Over the past ten years it has ranged from 10.3% (fiscal 2021) to 14.1% (fiscal 2017); the current reading is higher than 73% of that period. That is above the Specialty Chemicals industry median of 3.63% and above the Basic Materials sector median of 0.82%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 13.6% 0.67
FY2024 13.0% (0.75)
FY2023 13.7% 3.25
FY2022 10.5% 0.13
FY2021 10.3% (1.28)
FY2020 11.6% (0.08)
FY2019 11.7% 0.01
FY2018 11.7% (2.38)
FY2017 14.1% 0.28
FY2016 13.8% 0.98

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 14.2% 0.79
Mar 2026 13.4% 2.02
Dec 2025 11.3% (3.06)
Sep 2025 14.4% (1.09)
42 more quarters

Against its own ten years

Low 10.3% High 14.1%
Ten-year median 12.8%
Current reading's percentile 64

Operating margin against peers

Company Operating margin
SOLS Solstice Advanced Materials Inc. compare 14.4%
PPG PPG Industries, Inc. 13.4%
RPM RPM International Inc. compare 12.6%
DD DuPont de Nemours, Inc. compare 9.90%
IFF International Flavors & Fragrances Inc. compare 7.48%
ALB Albemarle Corporation compare 4.27%
LYB LyondellBasell Industries N.V. compare 3.09%
SSL Sasol Ltd. compare 0.00%
APD Air Products and Chemicals, Inc. compare −4.71%
Specialty Chemicals industry median 3.63%
Basic Materials sector median 0.82%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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