PPG Industries, Inc. (PPG)
Market Cap | 29.28B |
Revenue (ttm) | 18.18B |
Net Income (ttm) | 1.41B |
Shares Out | 234.50M |
EPS (ttm) | 5.92 |
PE Ratio | 21.09 |
Forward PE | 14.28 |
Dividend | $2.60 (2.08%) |
Ex-Dividend Date | May 9, 2024 |
Volume | 1,245,044 |
Open | 124.02 |
Previous Close | 123.98 |
Day's Range | 123.67 - 125.39 |
52-Week Range | 120.33 - 152.89 |
Beta | 1.28 |
Analysts | Buy |
Price Target | 155.40 (+24.44%) |
Earnings Date | Jul 18, 2024 |
About PPG
PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through two segments, Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; wood stains; paints, thermoplastics, pavem... [Read more]
Financial Performance
In 2023, PPG Industries's revenue was $18.25 billion, an increase of 3.37% compared to the previous year's $17.65 billion. Earnings were $1.27 billion, an increase of 23.78%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for PPG stock is "Buy." The 12-month stock price forecast is $155.4, which is an increase of 24.44% from the latest price.
News
![](https://cdn.snapi.dev/images/v1/c/f/press16-2497595.jpg)
U.S. PPG Biosensors Market Analysis Report 2024-2030: Rising Adoption of Wearable Devices and Smart Watches - Focus on Heart Rate Monitoring, Blood-Oxygen Saturation, and Blood Pressure
Dublin, June 26, 2024 (GLOBE NEWSWIRE) -- The "U.S. PPG Biosensors Market Size, Share & Trends Analysis Report by Product (Pulse Oximeters, Smart Watches), Application (Heart Rate Monitoring, Blood-Ox...
![](https://cdn.snapi.dev/images/v1/e/a/conf9-2496136.jpg)
PPG to announce second-quarter 2024 results July 18
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced the following details for its second quarter 2024 earnings release and teleconference call. Earnings release: Thursday, July 18, after U....
![](https://cdn.snapi.dev/images/v1/t/1/press4-2488058.jpg)
PPG launches TOMORROW INCLUDED sustainability marketing concept for Architectural Coatings in EMEA
ROLLE, Switzerland--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced the launch of the TOMORROW INCLUDED® sustainability marketing concept for its Architectural Coatings (AC) business in Europe, the M...
![](https://cdn.snapi.dev/images/v1/2/m/press17-2466071.jpg)
PPG volunteers to beautify 25 schools with New Paint for a New Start initiative
PITTSBURGH--(BUSINESS WIRE)-- #PPG--PPG will beautify 25 schools with the New Paint for a New Start initiative, part of its COLORFUL COMMUNITIES® program.
![](https://cdn.snapi.dev/images/v1/v/j/press10-2447685.jpg)
PPG appoints Alejandro Lopez as director, investor relations
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that Alejandro Lopez, currently global finance director for automotive original equipment manufacturer (OEM) coatings, has been named direct...
![](https://cdn.snapi.dev/images/v1/g/j/press20-2445462.jpg)
PPG marks strong progress against 2030 sustainability targets with latest report
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced strong progress against its near-term 2030 environmental, social and governance (ESG) targets, including increasing sales from sustainably a...
![](https://cdn.snapi.dev/images/v1/8/z/press19-2443444.jpg)
DULUX Paints by PPG launches Dulux PRO app digital platform for professional painters
TORONTO--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that its DULUX® paints by PPG brand has launched the Dulux PRO app, a convenient digital tool for painters and trade professionals in Canada. T...
![](https://cdn.snapi.dev/images/v1/u/t/press19-2441544.jpg)
PPG to build new paint and coatings manufacturing facility in Tennessee as part of $300 million investment in advanced manufacturing in North America
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced it will invest $300 million in advanced manufacturing in North America to support increased demand for paints and coatings in the automotiv...
![](https://cdn.snapi.dev/images/v1/d/z/press15-2421385.jpg)
PPG honored with American Chemistry Council Sustainability Leadership Award
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has received an American Chemistry Council (ACC) 2024 Sustainability Leadership Award, which recognizes exemplary products, technolo...
TER, PPG, WM: Stocks to Watch
With the growth of A.I., we feel it has some real upward possibilities, notes Ed Cofrancesco on Teradyne (TER).
![](https://cdn.snapi.dev/images/v1/b/e/press15-2394333.jpg)
PPG again earns EcoVadis gold rating for sustainability practices, ranks among top 7% of evaluated companies
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has again earned a gold rating in corporate social responsibility from EcoVadis, a leading third-party sustainability ratings platfo...
![](https://cdn.snapi.dev/images/v1/5/9/press4-2383793.jpg)
PPG appoints Pascal Tisseyre as vice president, government affairs, Europe, Middle East and Africa
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the appointment of Pascal Tisseyre as vice president, government affairs, Europe, Middle East and Africa (EMEA), effective immediately. Repo...
![](https://cdn.snapi.dev/images/v1/l/p/press2-2382870.jpg)
Kathy Fortmann joins PPG board of directors
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that Kathy L. Fortmann has been elected to join its board of directors, effective July 17, 2024. Fortmann most recently served from 2021 to ...
![](https://cdn.snapi.dev/images/v1/a/p/press12-2379375.jpg)
PPG Board of Directors authorizes $2.5 billion share repurchase program
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that its board of directors has authorized the repurchase of $2.5 billion of outstanding common stock. The authorization is effective immedi...
![](https://cdn.snapi.dev/images/v1/7/d/press13-2379377.jpg)
PPG reports first quarter 2024 financial results
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today reported financial results for the first quarter 2024. First Quarter Consolidated Results $ in millions, except EPS 1Q 2024 1Q 2023 YOY change Net sal...
![](https://cdn.snapi.dev/images/v1/y/d/press9-2378810.jpg)
PPG highlights 2023 performance during annual meeting of shareholders
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today held its annual meeting of shareholders where Tim Knavish, PPG chairman and chief executive officer, highlighted the company's 2023 record performance...
![](https://cdn.snapi.dev/images/v1/i/k/press4-2378249.jpg)
PPG Board of Directors announce quarterly dividend of 65 cents per share
PITTSBURGH--(BUSINESS WIRE)--The Board of Directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 65 cents per share, payable June 12 to shareholders of record May 10. Through the o...
![](https://cdn.snapi.dev/images/v1/z/s/press8-2346208.jpg)
PPG recognized on Newsweek's ‘Most Trustworthy Companies in America 2024' list
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced its inclusion in Newsweek's list of Most Trustworthy Companies in America 2024 for its high evaluations in customer, investor and employee t...
![](https://cdn.snapi.dev/images/v1/8/u/press18-2344048.jpg)
PPG receives ‘Gallup Exceptional Workplace Award' for second consecutive year
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced it received its second consecutive Gallup Exceptional Workplace Award (GEWA), for its high employee engagement and notable workplace experie...
![](https://cdn.snapi.dev/images/v1/b/w/press7-2343728.jpg)
PPG Names Robert Massy Chief Human Resources Officer
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced the appointment of Robert Massy as senior vice president and chief human resources officer (CHRO), effective March 18, 2024. Reporting to T...
![](https://cdn.snapi.dev/images/v1/a/x/conf15-2340034.jpg)
PPG to announce first-quarter 2024 results April 18
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced the following details for its first-quarter 2024 earnings release and teleconference call. Earnings release: Thursday, April 18, after U....
![](https://cdn.snapi.dev/images/v1/g/j/press2-2335169.jpg)
PPG appoints Lyndee Brassieur as vice president, environment, health and safety
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that Lyndee Brassieur, currently global director, industrial segment operations, specialty coatings and materials (SCM), has been named vic...
![](https://cdn.snapi.dev/images/v1/h/a/press3-2331895.jpg)
PPG's U.S. woodcare brands reveal Black Walnut as 2024 Stain Color of the Year
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that its U.S. woodcare brands, OLYMPIC® Stains by PPG and PITTSBURGH PAINTS & STAINS® products, have named Black Walnut as the 2024 Stain C...
![](https://cdn.snapi.dev/images/v1/x/1/press4-2328712.jpg)
PPG Names Tasco Auto Color as 2023 Platinum Distributor of The Year
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that it has recognized Tasco Auto Color of Houston, Texas as its Automotive Refinish 2023 Platinum Distributor of the Year. The award recog...
![](https://cdn.snapi.dev/images/v1/9/x/press5-2308592.jpg)
PPG expands SPEEDHIDE professional paint line by PPG with introduction of SPEEDHIDE MAX paint
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the expansion of its SPEEDHIDE® professional paint line by PPG with the addition of SPEEDHIDE MAX™ paint. This zero VOC* product boasts MAST...