Companies / Materials
PPG
PPG Industries
Specialty Chemicals
Specialty ChemicalsAnalysis in progress
In progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health56
Growth26
Profitability51
Cash generation44
Balance sheet58
Dilution control100
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)6.6%Revenue growth (FY)0.2%Revenue CAGR (3y)0.6%Gross margin41.3%Operating margin—Net margin9.9%Free cash flow margin7.3%R&D / revenue2.8%Stock comp / revenue0.3%Net debt / operating cash flow3.01xCurrent ratio1.62Diluted share count change-3.3%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $16.8B | $15.6B | $16.2B | $15.8B | $15.9B |
| Gross profit | $6.5B | $5.6B | $6.6B | $6.6B | $6.6B |
| Operating income | $2.2B | $2.0B | $2.7B | — | — |
| Net income | $1.4B | $1.0B | $1.3B | $1.1B | $1.6B |
| Operating cash flow | $1.6B | $963M | $2.4B | $1.4B | $1.9B |
| Capital expenditure | $371M | $486M | $516M | $721M | $778M |
| Free cash flow | $1.2B | $477M | $1.9B | $699M | $1.2B |
| R&D | $463M | $457M | $446M | $447M | $446M |
| Stock-based comp | $57M | $34M | $56M | $42M | $46M |
| Buybacks | $210M | $190M | $86M | $752M | $790M |
| Dividends | $536M | $570M | $598M | $622M | $628M |
| Cash | $1.0B | $1.1B | $1.5B | $1.3B | $2.2B |
| Total debt | $6.6B | $7.1B | $6.3B | $6.7B | $8.0B |
| Equity | $6.3B | $6.6B | $7.8B | $6.8B | $7.9B |
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