PPG Industries, Inc. (PPG)

NYSE: PPG · IEX Real-Time Price · USD
144.90
+0.36 (0.25%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

PPG Industries has a market cap or net worth of $34.10 billion. The enterprise value is $39.38 billion.

Market Cap 34.10B
Enterprise Value 39.38B

Important Dates

The next confirmed earnings date is Thursday, April 18, 2024, after market close.

Earnings Date Apr 18, 2024
Ex-Dividend Date Feb 15, 2024

Share Statistics

PPG Industries has 235.36 million shares outstanding. The number of shares has increased by 0.33% in one year.

Shares Outstanding 235.36M
Shares Change (YoY) +0.33%
Shares Change (QoQ) +0.12%
Owned by Insiders (%) 0.31%
Owned by Institutions (%) 83.51%
Float 234.39M

Valuation Ratios

The trailing PE ratio is 27.08 and the forward PE ratio is 16.88. PPG Industries's PEG ratio is 1.25.

PE Ratio 27.08
Forward PE 16.88
PS Ratio 1.87
Forward PS 1.80
PB Ratio 4.35
P/FCF Ratio 18.32
PEG Ratio 1.25
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 15.67, with an EV/FCF ratio of 21.15.

EV / Earnings 31.01
EV / Sales 2.16
EV / EBITDA 15.67
EV / EBIT 20.14
EV / FCF 21.15

Financial Position

The company has a current ratio of 1.47, with a Debt / Equity ratio of 0.88.

Current Ratio 1.47
Quick Ratio 0.96
Debt / Equity 0.88
Debt / EBITDA 2.73
Debt / FCF 3.69
Interest Coverage 7.92

Financial Efficiency

Return on equity (ROE) is 16.70% and return on invested capital (ROIC) is 9.80%.

Return on Equity (ROE) 16.70%
Return on Assets (ROA) 5.80%
Return on Capital (ROIC) 9.80%
Revenue Per Employee $344,264
Profits Per Employee $23,962
Employee Count 53,000
Asset Turnover 0.83
Inventory Turnover 4.89

Taxes

In the past 12 months, PPG Industries has paid $439.00 million in taxes.

Income Tax 439.00M
Effective Tax Rate 25.69%

Stock Price Statistics

The stock price has increased by +14.80% in the last 52 weeks. The beta is 1.28, so PPG Industries's price volatility has been higher than the market average.

Beta (1Y) 1.28
52-Week Price Change +14.80%
50-Day Moving Average 141.31
200-Day Moving Average 139.45
Relative Strength Index (RSI) 59.70
Average Volume (30 Days) 1,775,532

Short Selling Information

The latest short interest is 3.93 million, so 1.67% of the outstanding shares have been sold short.

Short Interest 3.93M
Short Previous Month 2.72M
Short % of Shares Out 1.67%
Short % of Float 1.68%
Short Ratio (days to cover) 2.08

Income Statement

In the last 12 months, PPG Industries had revenue of $18.25 billion and earned $1.27 billion in profits. Earnings per share was $5.35.

Revenue 18.25B
Gross Profit 7.50B
Operating Income 1.94B
Pretax Income 1.71B
Net Income 1.27B
EBITDA 2.51B
EBIT 1.96B
Earnings Per Share (EPS) $5.35
Full Income Statement

Balance Sheet

The company has $1.59 billion in cash and $6.87 billion in debt, giving a net cash position of -$5.28 billion or -$22.44 per share.

Cash & Cash Equivalents 1.59B
Total Debt 6.87B
Net Cash -5.28B
Net Cash Per Share -$22.44
Equity / Book Value 7.83B
Book Value Per Share 33.28
Working Capital 2.38B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.41 billion and capital expenditures -$549.00 million, giving a free cash flow of $1.86 billion.

Operating Cash Flow 2.41B
Capital Expenditures -549.00M
Free Cash Flow 1.86B
FCF Per Share $7.90
Full Cash Flow Statement

Margins

Gross margin is 41.11%, with operating and profit margins of 10.62% and 6.96%.

Gross Margin 41.11%
Operating Margin 10.62%
Pretax Margin 9.37%
Profit Margin 6.96%
EBITDA Margin 13.78%
EBIT Margin 10.72%
FCF Margin 10.20%

Dividends & Yields

This stock pays an annual dividend of $2.60, which amounts to a dividend yield of 1.79%.

Dividend Per Share $2.60
Dividend Yield 1.79%
Dividend Growth (YoY) 4.90%
Years of Dividend Growth 53
Payout Ratio 48.60%
Buyback Yield -0.33%
Shareholder Yield 1.47%
Earnings Yield 3.72%
FCF Yield 5.46%
Dividend Details

Analyst Forecast

The average price target for PPG Industries is $157.33, which is 8.58% higher than the current price. The consensus rating is "Buy".

Price Target $157.33
Price Target Difference 8.58%
Analyst Consensus Buy
Analyst Count 17
Revenue Growth Forecast (5Y) 3.12%
EPS Growth Forecast (5Y) 15.48%
Stock Forecasts

Stock Splits

The last stock split was on June 15, 2015. It was a forward split with a ratio of 2:1.

Last Split Date Jun 15, 2015
Split Type Forward
Split Ratio 2:1

Scores

PPG Industries has an Altman Z-Score of 4.17 and a Piotroski F-Score of 7.

Altman Z-Score 4.17
Piotroski F-Score 7