PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company's 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; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft. It also provides coatings and finishes for the protection of metals and structures, such as metal fabricators, heavy duty maintenance contractors, and manufacturers of ships, bridges, and rail cars; paints, wood stains, adhesives, and purchased sundries for painting and maintenance contractors, and consumers for decoration and maintenance of residential and commercial building structures; and paints, thermoplastics, pavement marking products, and other technologies for pavement marking. The company's Industrial Coatings segment offers coatings, adhesives and sealants, and metal pretreatments, as well as services and coatings applications for appliances, agricultural and construction equipment, consumer electronics, automotive parts and accessories, building products, kitchenware, and transportation vehicles and other finished products; and on-site coatings services. It also provides coatings for metal cans, closures, plastic tubes, and promotional and specialty packaging; amorphous precipitated silica for tire, battery separator, and other end-uses; TESLIN substrates for labels, e-passports, drivers' licenses, breathable membranes, and loyalty and identification cards; and organic light emitting diode materials, displays and lighting lens materials, optical lenses, color-change products, and photochromic dyes. The company was incorporated in 1883 and is headquartered in Pittsburgh, Pennsylvania.

PPG Industries, Inc.

Industrial Coatings

PPG Protective & Marine Coatings

PPG Automotive Refinish Coatings

PPG Automotive OEM Coatings

Architectural Coatings

Packaging Coatings

PPG France

Aerospace

Taubmans by PPG

PPG Optical Monomers and Coatings

PPG TESLIN® Substrate

PPG: We protect and beautify the world.®

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $17.7 billion in 2022. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. 

To learn more, visit www.ppg.com and follow @PPG on Twitter and @PPGIndustries on Facebook and Instagram.

We are celebrating our 2023 Sustainability Awards winners, recognizing global achievements that support our 2030 sustainability targets and help us further integrate sustainability into how we operate. 

Hitoshi Yoshida, our technical manager, global Automotive OEM, and award recipient in the community engagement category, recently reflected on the COLORFUL COMMUNITIES® project he was involved in and how it promoted sustainable development while furthering our purpose to protect and beautify the world. 

#Sustainability #ProtectandBeautify #ColorfulCommunities

Javier Benatuil, the business director for our Traffic Solutions business in Latin America, has been helping make roads safer and serving as a partner to his customers for nearly a quarter century.

“Every country has its own requirements for traffic-marking products depending on climate, road surfaces and other factors. Our customers see us as the technical leader with products that can meet those requirements and help make their roads safer," Benatuil said. 

Learn more: https://bit.ly/3unQDCH

#Didyouknow that PPG paints, coatings and specialty materials protect and beautify stadiums, where some of the biggest events in the world are hosted? 🏈 🏈 🏈 

#ProtectandBeautify #PPGproud

In celebration of Lunar New Year, members of our Asian Employee Network celebrated the Year of the Dragon at a fair and show in our headquarters community that featured a celebration of Chinese traditions and local performing arts. 

Our other locations globally celebrated with events that featured Lunar New Year treats, Chinese calligraphy and New Year scrolls made from recycled paper. 

We wish all a joyous Lunar New Year filled with peace and prosperity. 

#YearoftheDragon #LunarNewYear2024

Ahead of International Day of Women and Girls in Science (UN Women), we are celebrating all of our female leaders of science, technology and innovation. 

Today and every day, we are #PPGproud of our #WomenInScience colleagues. 

Alongside the PPG Foundation, we are committed to supporting and inspiring education and careers in science.  

Learn more about our efforts: https://bit.ly/3SRLhJb

#WomeninSTEM #IDWGS

In an effort to support and inspire the next generation of science, technology, engineering and mathematics (STEM) leaders, we have extended our partnership with Dutch education nonprofit Centrum JongerenCommunicatie Chemie (C3).

We provided a $130,000 community engagement grant to help expand C3’s programs that introduce children and young people to chemistry and life sciences. 

“Together with C3, we want to build the next generation of diverse and innovative STEM leaders,” said Justus Tichelman, our general manager, Benelux, Architectural Coatings. “We achieved the goals set out for the first two years of the partnership, as a result of which many students have been introduced to science and technology. We know how important a skilled STEM workforce is for creating stronger, more sustainable communities.” 

#STEM #PPGproud #ProtectandBeautify

Chao Wang, our senior research engineer for materials science and analytical technology, has made the pledge to live our purpose to protect and beautify the world. 

His role helps us deliver coatings in a more efficient and sustainable way. 

https://bit.ly/468Dnyi

#ProtectandBeautify #PPGproud

We're honored to be named to JUST Capital's 2024 list of America’s Most JUST Companies. 

The JUST Capital rankings assess the performance of America’s largest publicly traded companies. We have been featured on the list since 2018. 

We outperformed the industry average in four categories: Communities, Customers, Environment and Shareholders & Governance. 

Learn more about our environmental, social, governance and sustainability efforts and progress here: https://bit.ly/3OPSurp

 #AmericasMostJUST #PPGproud #ProtectandBeautify

Partners for more than 25 years, we are #PPGproud to be extending our sponsorship of the Tasca Racing team for the 2024 season. 

Led by Bob Tasca III, team president and driver, Tasca Racing is running the full schedule in this year’s NATIONAL HOT ROD ASSOCIATION® NHRA Nitro Funny Car division. The team’s 11,000-horsepower Nitro Funny Car will display the PPG logo in every race, with the PPG Nitro Funny Car running in four events. 

Tasca is also vice president of Tasca Automotive Group, a key customer of our Automotive Refinish business. 

“We are delighted to be sponsoring Tasca Racing again in 2024,” said William Shaw, our global business director, strategic initiatives, Automotive Refinish. “It’s a new year, they’ve got a beautiful new car, and with a top-three finish last season, we can’t wait to see what Bob and the rest of the Tasca Racing team achieve in the upcoming season.”

#ProtectandBeautify #NHRA

We are honored to be recognized by Fortune Magazine as one of the World’s Most Admired Companies® for the 16th consecutive year. 

In the measurable categories, we earned our highest marks in People Management and Social Responsibility. 

“This recognition is a testament to the hard work and dedication of our more than 50,000 employees that meet the needs of our stakeholders every day,” said Bryan Iams, our vice president and chief communications officer. “We are proud and humbled to stand beside some of the world’s largest, most admired companies as we do our part to protect and beautify the world.”

The list, considered to be the ultimate corporate reputation ranking system, identifies the largest, best-regarded companies across 52 industries, as voted on by industry peers.

#PPGproud #ProtectandBeautify

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	15.11B -	15.36B 1.67%	15.33B 0.20%	14.75B 3.78%	14.75B 0.01%	15.37B 4.23%	15.15B 1.48%	13.83B 8.66%	16.80B 21.45%	17.65B 5.06%	18.25B 3.37%
cost of revenue	8.64B -	8.79B 1.79%	8.59B 2.28%	8.06B 6.15%	8.20B 1.75%	9.00B 9.71%	8.65B 3.87%	7.78B 10.12%	10.29B 32.26%	11.10B 7.87%	10.74B 3.16%
gross profit	6.47B -	6.57B 1.50%	6.74B 2.59%	6.69B 0.76%	6.55B 2.12%	6.37B 2.64%	6.49B 1.88%	6.06B 6.71%	6.52B 7.58%	6.56B 0.61%	7.50B 14.41%
selling and marketing expenses	488M -	492M 0.82%	486M 1.22%				283M -	223M 21.20%	243M 8.97%	252M 3.70%
general and administrative expenses	3.70B -	3.76B 1.60%	3.68B 2.10%	5.05B 37.27%	3.63B 28.12%	3.57B 1.57%	3.60B 0.87%	3.39B 5.97%	3.83B 13.01%	3.84B 0.31%	4.44B 15.62%
selling general and administrative expenses	4.19B -	4.25B 1.50%	4.17B 2%	5.05B 21.25%	3.63B 28.12%	3.57B 1.57%	3.60B 0.87%	3.39B 5.97%	3.83B 13.01%	3.84B 0.31%	4.44B 15.62%
research and development expenses	488M -	492M 0.82%	486M 1.22%	466M 4.12%	453M 2.79%	441M 2.65%	432M 2.04%	379M 12.27%	439M 15.83%	448M 2.05%	433M 3.35%
other expenses							-76M -	-42M 44.74%	-5M 88.10%	17M 440.00%	-24M 241.18%
cost and expenses	12.89B -	13.31B 3.27%	12.41B 6.75%	13.39B 7.91%	12.66B 5.48%	13.59B 7.33%	13.38B 1.48%	12.36B 7.68%	14.89B 20.51%	16.16B 8.50%	16.18B 0.12%
operating expenses	4.66B -	4.73B 1.37%	4.66B 1.40%	5.59B 20.04%	4.54B 18.79%	4.51B 0.70%	4.55B 0.80%	4.28B 5.94%	4.83B 12.93%	4.84B 0.29%	5.43B 12.16%
interest expense	196M -	187M 4.59%	126M 32.62%	125M 0.79%	105M 16%	118M 12.38%	132M 11.86%	138M 4.55%	121M 12.32%	167M 38.02%	247M 47.90%
ebitda	2.26B -	2.08B 7.93%	2.64B 27.13%	1.58B 40.07%	2.57B 62.44%	2.37B 7.73%	2.48B 4.47%	2.28B 8.23%	2.55B 11.99%	2.38B 6.63%	2.27B 4.75%
operating income	1.55B -	1.55B 0%	1.85B 19.42%	1.98B 7.13%	1.99B 0.15%	1.69B 14.85%	1.82B 7.75%	1.79B 1.81%	1.82B 1.84%	1.72B 5.49%	1.71B 0.75%
depreciation and amortization	475M -	476M 0.21%	495M 3.99%	462M 6.67%	460M 0.43%	497M 8.04%	511M 2.82%	509M 0.39%	561M 10.22%	554M 1.25%	558M 0.72%
total other income expenses net	-168M -	27M 116.07%	-111M 511.11%	-168M 51.35%	90M 153.57%	-74M 182.22%	-308M 316.22%	-405M 31.49%	-7M 98.27%	-341M 4,771.43%	39M 111.44%
income before tax	1.49B -	1.42B 4.90%	1.88B 32.91%	827M 56.06%	2.01B 142.81%	1.69B 15.69%	1.66B 1.89%	1.36B 18.00%	1.81B 33.26%	1.38B 23.91%	1.75B 26.57%
income tax expense	333M -	259M 22.22%	456M 76.06%	241M 47.15%	579M 140.25%	353M 39.03%	392M 11.05%	291M 25.77%	374M 28.52%	325M 13.10%	439M 35.08%
net income	3.23B -	2.10B 34.94%	1.41B 33.11%	877M 37.62%	1.63B 85.63%	1.34B 17.63%	1.24B 7.31%	1.06B 14.80%	1.44B 35.88%	1.03B 28.70%	1.27B 23.78%
weighted average shs out	286.80M -	276.60M 3.56%	271.40M 1.88%	265.60M 2.14%	256.10M 3.58%	243.90M 4.76%	236.90M 2.87%	236.80M 0.04%	237.60M 0.34%	236.10M 0.63%	236M 0.04%
weighted average shs out dil	290.20M -	279.60M 3.65%	273.60M 2.15%	267.40M 2.27%	257.80M 3.59%	245.40M 4.81%	238.20M 2.93%	237.90M 0.13%	239.40M 0.63%	237.30M 0.88%	237.20M 0.04%
eps	11.27 -	7.60 32.56%	5.18 31.84%	3.30 36.29%	6.22 88.48%	5.50 11.58%	5.25 4.55%	4.47 14.86%	6.06 35.57%	4.35 28.22%	5.38 23.68%
epsdiluted	11.14 -	7.52 32.50%	5.14 31.65%	3.28 36.19%	6.18 88.41%	5.46 11.65%	5.22 4.40%	4.45 14.75%	6.01 35.06%	4.32 28.12%	5.35 23.84%

NYSE:PPG

PPG Industries, Inc.

Last Close

125.94

26/07 20:00

Market Cap

29.70B

Beta: 1.17

Volume Today

1.22M

Avg: 1.43M

PE Ratio

25.74

PFCF: 20.80

Dividend Yield

1.84%

Payout:46.54%

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