Overview Dividends

(PPG) PPG Industries - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6935061076

Paints, Coatings, Sealants, Adhesives, Substrates

Specialty Chemicals
Market Cap in USD: 23,369m

IPO / Inception: 1983-04-06
Return 12m vs S&P 500: -24.2%

EPS (Earnings per Share)

EPS CAGR: 15.03%
EPS Trend: 59.8%

Last SUE: 0.90
Qual. Beats: 1

Revenue

Rev. CAGR: -0.69%
Rev. Trend: -37.0%

Last SUE: 0.06
Qual. Beats: 0

Dividends

Dividend Yield	2.71%
Yield on Cost 5y	2.10%
Yield CAGR 5y	6.09%
Payout Consistency	97.4%
Payout Ratio	36.2%

Risk via 5d forecast
Volatility	20.8%
Value at Risk 5%th	34.8%
Relative Tail Risk	1.88%

Reward TTM
Sharpe Ratio	-0.47
Alpha	-27.42
CAGR/Max DD	-0.13

Character TTM
Hurst Exponent	0.528
Beta	0.944
Beta Downside	0.614

Drawdowns 3y
Max DD	37.41%
Mean DD	14.08%
Median DD	13.92%

Description: PPG PPG Industries December 19, 2025

PPG Industries (NYSE:PPG) is a global manufacturer and distributor of paints, coatings, and specialty materials, operating across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa. The business is organized into three segments: Global Architectural Coatings (paints, wood stains, adhesives for contractors and DIY markets), Performance Coatings (aerospace, automotive, infrastructure and packaging solutions) and Industrial Coatings (metal pretreatments, specialty packaging, OLED and optical materials, and on-site services).

Key recent data points: FY 2023 revenue was approximately $19.2 billion with an adjusted operating margin near 13%, reflecting strong pricing power in the high-margin aerospace and automotive coating lines. The segment’s performance is closely tied to macro-drivers such as U.S. residential construction spending (which grew ~4% YoY in 2023) and global automotive production volumes (which rebounded ~7% after pandemic lows). Raw-material costs, especially petrochemical feedstocks, remain a material risk, as they can compress margins when oil prices spike.

For a deeper dive into PPG’s valuation metrics and scenario analysis, the ValueRay platform offers a concise, data-driven toolkit worth exploring.

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (996.0m TTM) > 0 and > 6% of Revenue (6% = 847.6m TTM)

FCFTA 0.03 (>2.0%) and ΔFCFTA -2.57pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 18.48% (prev 16.70%; Δ 1.79pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 1.40b > Net Income 996.0m (YES >=105%, WARN >=100%)

Net Debt (6.08b) to EBITDA (2.39b) ratio: 2.55 <= 3.0 (WARN <= 3.5)

Current Ratio 1.47 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (226.5m) change vs 12m ago -3.33% (target <= -2.0% for YES)

Gross Margin 40.46% (prev 42.25%; Δ -1.79pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 64.21% (prev 79.93%; Δ -15.72pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 7.94 (EBITDA TTM 2.39b / Interest Expense TTM 240.0m) >= 6 (WARN >= 3)

Altman Z'' 6.30

(A) 0.12 = (Total Current Assets 8.22b - Total Current Liabilities 5.61b) / Total Assets 22.14b

(B) 1.03 = Retained Earnings (Balance) 22.80b / Total Assets 22.14b

warn (B) unusual magnitude: 1.03 — check mapping/units

(D) 1.52 = Book Value of Equity 21.51b / Total Liabilities 14.19b

Total Rating: 6.30 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 59.49

1. Piotroski 5.50pt

2. FCF Yield 2.46%

3. FCF Margin 5.13%

4. Debt/Equity 1.01

5. Debt/Ebitda 2.55

6. ROIC - WACC (= 3.32)%

7. RoE 13.70%

8. Rev. Trend -37.05%

9. EPS Trend 59.84%

What is the price of PPG shares?

As of December 22, 2025, the stock is trading at USD 102.68 with a total of 3,625,775 shares traded.
Over the past week, the price has changed by -1.00%, over one month by +4.03%, over three months by -5.52% and over the past year by -12.28%.

Is PPG a buy, sell or hold?

PPG Industries has received a consensus analysts rating of 3.62. Therefor, it is recommend to hold PPG.

Strong Buy: 7
Buy: 2
Hold: 17
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the PPG price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	118.5	15.4%
Analysts Target Price	118.5	15.4%
ValueRay Target Price	101.7	-1%

PPG Fundamental Data Overview December 16, 2025

Market Cap USD = 23.37b (23.37b USD * 1.0 USD.USD)
P/E Trailing = 18.5224
P/E Forward = 12.8535
P/S = 1.4894
P/B = 2.9788
P/EG = 0.7221
Beta = 1.158
Revenue TTM = 14.13b USD
EBIT TTM = 1.91b USD
EBITDA TTM = 2.39b USD
Long Term Debt = 5.90b USD (from longTermDebt, last quarter)
Short Term Debt = 1.55b USD (from shortTermDebt, last quarter)
Debt = 7.91b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.08b USD (from netDebt column, last quarter)
Enterprise Value = 29.45b USD (23.37b + Debt 7.91b - CCE 1.83b)
Interest Coverage Ratio = 7.94 (Ebit TTM 1.91b / Interest Expense TTM 240.0m)
FCF Yield = 2.46% (FCF TTM 725.0m / Enterprise Value 29.45b)
FCF Margin = 5.13% (FCF TTM 725.0m / Revenue TTM 14.13b)
Net Margin = 7.05% (Net Income TTM 996.0m / Revenue TTM 14.13b)
Gross Margin = 40.46% ((Revenue TTM 14.13b - Cost of Revenue TTM 8.41b) / Revenue TTM)
Gross Margin QoQ = 40.57% (prev 42.03%)
Tobins Q-Ratio = 1.33 (Enterprise Value 29.45b / Total Assets 22.14b)
Interest Expense / Debt = 0.82% (Interest Expense 65.0m / Debt 7.91b)
Taxrate = 21.22% (118.0m / 556.0m)
NOPAT = 1.50b (EBIT 1.91b * (1 - 21.22%))
Current Ratio = 1.47 (Total Current Assets 8.22b / Total Current Liabilities 5.61b)
Debt / Equity = 1.01 (Debt 7.91b / totalStockholderEquity, last quarter 7.80b)
Debt / EBITDA = 2.55 (Net Debt 6.08b / EBITDA 2.39b)
Debt / FCF = 8.39 (Net Debt 6.08b / FCF TTM 725.0m)
Total Stockholder Equity = 7.27b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.50% (Net Income 996.0m / Total Assets 22.14b)
RoE = 13.70% (Net Income TTM 996.0m / Total Stockholder Equity 7.27b)
RoCE = 14.47% (EBIT 1.91b / Capital Employed (Equity 7.27b + L.T.Debt 5.90b))
RoIC = 10.57% (NOPAT 1.50b / Invested Capital 14.20b)
WACC = 7.25% (E(23.37b)/V(31.28b) * Re(9.49%) + D(7.91b)/V(31.28b) * Rd(0.82%) * (1-Tc(0.21)))
Discount Rate = 9.49% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.30%
[DCF Debug] Terminal Value 72.93% ; FCFE base≈945.8m ; Y1≈932.5m ; Y5≈961.5m
Fair Price DCF = 59.26 (DCF Value 13.30b / Shares Outstanding 224.4m; 5y FCF grow -2.27% → 3.0% )
EPS Correlation: 59.84 | EPS CAGR: 15.03% | SUE: 0.90 | # QB: 1
Revenue Correlation: -37.05 | Revenue CAGR: -0.69% | SUE: 0.06 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.78 | Chg30d=-0.094 | Revisions Net=-6 | Analysts=11
EPS next Year (2026-12-31): EPS=8.15 | Chg30d=-0.061 | Revisions Net=-4 | Growth EPS=+6.4% | Growth Revenue=+2.4%

Additional Sources for PPG Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle