PPG Industries, Inc. (PPG)
| Market Cap | 27.85B |
| Revenue (ttm) | 18.03B |
| Net Income (ttm) | 1.49B |
| Shares Out | 231.70M |
| EPS (ttm) | 6.30 |
| PE Ratio | 19.08 |
| Forward PE | 14.15 |
| Dividend | $2.72 (2.26%) |
| Ex-Dividend Date | Nov 12, 2024 |
| Volume | 1,680,587 |
| Open | 119.26 |
| Previous Close | 119.52 |
| Day's Range | 118.58 - 121.76 |
| 52-Week Range | 118.07 - 150.82 |
| Beta | 1.24 |
| Analysts | Buy |
| Price Target | 149.21 (+24.12%) |
| Earnings Date | Jan 16, 2025 |
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 $149.21, which is an increase of 24.12% from the latest price.
News
PPG donates digital refinish tools to 15 vocational schools across Europe
ROLLE, Switzerland--(BUSINESS WIRE)--PPG has donated the PPG LINQ digital refinish ecosystem to 15 European vocational schools as part of a commitment to invest in workforce development.
Buy 6 December Dividend Kings But Watch 22 With 'Safer' Dividends
"A Dividend King [is] a stock with 50 or more consecutive years of dividend increases." - suredividend.com. 53 Divided Kings, screened as of December 11, 2024, represented all eleven Morningstar Secto...
PPG again recognized among Foundry's Computerworld's Best Places to Work in IT
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that it has been recognized among the “Best Places to Work in Information Technology (IT) in 2025” by Foundry's Computerworld. It is PPG's ...
PPG recognized in Newsweek's America's Most Responsible Companies list for fifth consecutive year
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has been named to Newsweek magazine's America's Most Responsible Companies list for the fifth consecutive year. The top 2,000 public...
These 5 Stocks Have 50 Years of Dividend Growth—Here's How to Find More
With a new presidential administration set to take office on Jan. 20, 2025, some investors may be uncertain about how new policies and personnel will affect the stock market and interest rates. Will t...
PPG completes on-site solar installation at Caivano, Italy facility
CAIVANO, Italy--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the completion of an on-site solar installation at its Caivano, Italy facility that will enable progress toward the company's 2030 green...
American Industrial Partners Completes Acquisition of PPG's U.S. and Canadian Architectural Coatings Business
125-year-old business, renamed The Pittsburgh Paints Company, will be wholly focused on supplying professionals and DIYers with industry leading products and best-in-class innovation CRANBERRY TOWNSHI...
PPG completes sale of architectural coatings U.S. and Canada business to American Industrial Partners
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that it has completed the sale of 100% of its architectural coatings business in the U.S. and Canada at a transaction value of $550 million...
My Best Dividend Aristocrats For December 2024
The ProShares S&P 500 Dividend Aristocrat ETF is up 10.26% year-to-date through October. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 40 mon...
PPG recognized in Newsweek's America's Greenest Companies list
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has been named to Newsweek magazine's America's Greenest Companies 2025 list. The list recognizes the top 500 private and public U.S...
PPG completes sale of silicas products business to QEMETICA
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that it has completed the sale of its silicas products business for approximately $310 million in pre-tax proceeds to QEMETICA a Warsaw, Po...
PPG strengthens powder coatings presence in Italy through partnership with SARO/Siccardi
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced a strategic partnership with SARO/Siccardi, the largest distributor of powder coatings in Italy. The collaboration will strengthen PPG's dis...
PPG inducts five new members into Collegium association, recognizing technology innovations aligned to growth
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the induction of five new members into its Collegium, an association of longstanding PPG leaders who have made significant technological con...
PPG announces industrial coatings leadership changes
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the following leadership changes within industrial coatings, effective Jan. 1, 2025: Juliane Hefel, currently vice president, specialty coat...
PPG announces leadership appointments
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced several business leadership appointments as it continues to focus on driving and delivering the company's growth strategy. Tom Maziarz, curr...
Top Dividend Aristocrats To Buy Now After The Trump Sweep
A potential 15% corporate tax rate could trigger a significant rally, similar to the 2017 euphoria, boosting S&P 500 earnings by 4%. Focus on undervalued, high-quality dividend aristocrats in consumer...
PPG Industries: Still Not Painting A Pretty Picture
PPG Industries faces challenges despite a rich history, with recent divestment proceeds looking soft and modest earnings growth projections. The company reported a 3% sales increase in 2023, but long-...
My Best Dividend Aristocrats For November 2024
The ProShares S&P 500 Dividend Aristocrats ETF went on a great run during Q3, gaining 11.6% during the quarter. I present 3 strategies that can theoretically beat the dividend aristocrat index in the ...
PPG's New Paint for a New Start transforms 27 schools worldwide with colorful makeovers
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that the third year of its New Paint for a New Start initiative, part of the company's COLORFUL COMMUNITIES® program, transformed 27 schools...
GLIDDEN paint by PPG names Brick Red Spray Paint Color of the Year 2025
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced Brick Red as the GLIDDEN® paint by PPG Spray Paint Color of the Year, a complementary color to the brand's 2025 Color of the Year, Purple B...
PPG Board of Directors announces quarterly dividend of 68 cents per share
PITTSBURGH--(BUSINESS WIRE)--The Board of Directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 68 cents per share, payable Dec.12 to shareholders of record Nov. 12. This payment ...
PPG Industries, Inc. (PPG) Q3 2024 Earnings Call Transcript
PPG Industries, Inc. (NYSE:PPG) Q3 2024 Earnings Conference Call October 17, 2024 8:00 AM ET Company Participants Alejandro Lopez - Director of Investor Relations Timothy Knavish - Chairman and Chief...
American Industrial Partners to acquire PPG's US, Canada architectural coatings business for $550M
PPG Industries (NYSE: PPG) has entered into a definitive agreement to sell its US and Canada architectural coatings business to American Industrial Partners (AIP) for $550 million.
AMERICAN INDUSTRIAL PARTNERS TO ACQUIRE PPG'S ARCHITECTURAL COATINGS BUSINESS IN THE UNITED STATES AND CANADA
Building off strong foundations and iconic legacy brands, investment will enable the Company to accelerate profitable growth across the U.S. and Canada NEW YORK , Oct. 17, 2024 /PRNewswire/ -- America...
PPG to Cut 1,800 Jobs, Shrink Costs With Sale of Architectural-Coatings Biz
PPG agreed to sell its architectural-coatings business in the U.S. and Canada to private-equity firm American Industrial Partners for $550 million, and outlined cost and job cuts.