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.

Revenue
+6.64%
EPS
+1.00%
Free cash flow
−23.6%
Total debt
−6.47%

Quarter to September 2026, against a year earlier

123.65 3.62 −2.84%
Market cap
$27.2B
P/E
17.6×
Fwd P/E
16.2×
Dividend yield
2.32%
F-score
6/9
Altman Z
3.65
Beneish M
−2.47
Dividend safety
79/100

PPG Industries, Inc. (PPG) Return on invested capital

Alert me on Return on invested capital

PPG Industries, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 10.2%, down 0.1 percentage points from fiscal 2025 (10.3%). Over the past ten years it has ranged from 8.25% (fiscal 2022) to 16.5% (fiscal 2016); the current reading is higher than 27% of that period. That is above the Specialty Chemicals industry median of 3.21% and above the Basic Materials sector median of 0.96%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 10.3% (0.99)
FY2024 11.2% 0.11
FY2023 11.1% 2.88
FY2022 8.25% (0.85)
FY2021 9.10% (1.31)
FY2020 10.4% (1.64)
FY2019 12.1% (0.73)
FY2018 12.8% (2.79)
FY2017 15.6% (0.88)
FY2016 16.5% 2.07

Against its own ten years

Low 8.25% High 16.5%
Ten-year median 11.2%
Current reading's percentile 27

Return on invested capital against peers

Company Return on invested capital
SOLS Solstice Advanced Materials Inc. compare 13.1%
RPM RPM International Inc. compare 11.2%
PPG PPG Industries, Inc. 10.2%
LYB LyondellBasell Industries N.V. compare 8.48%
ALB Albemarle Corporation compare 3.55%
DD DuPont de Nemours, Inc. compare 3.43%
IFF International Flavors & Fragrances Inc. compare 2.52%
SSL Sasol Ltd. compare 0.00%
APD Air Products and Chemicals, Inc. compare −1.12%
Specialty Chemicals industry median 3.21%
Basic Materials sector median 0.96%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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