PPG Industries Past Earnings Performance
Past criteria checks 0/6
PPG Industries's earnings have been declining at an average annual rate of -2.3%, while the Chemicals industry saw earnings growing at 12.4% annually. Revenues have been growing at an average rate of 2.7% per year. PPG Industries's return on equity is 17.7%, and it has net margins of 6%.
Key information
-2.3%
Earnings growth rate
-0.7%
EPS growth rate
| Chemicals Industry Growth | 12.4% |
| Revenue growth rate | 2.7% |
| Return on equity | 17.7% |
| Net Margin | 6.0% |
| Last Earnings Update | 30 Sep 2022 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How PPG Industries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 22 | 17,657 | 1,057 | 3,864 | 456 |
| 30 Jun 22 | 17,561 | 1,072 | 3,871 | 460 |
| 31 Mar 22 | 17,229 | 1,060 | 3,818 | 452 |
| 31 Dec 21 | 16,802 | 1,420 | 3,735 | 439 |
| 30 Sep 21 | 16,369 | 1,425 | 3,652 | 423 |
| 30 Jun 21 | 15,682 | 1,523 | 3,555 | 401 |
| 31 Mar 21 | 14,338 | 1,191 | 3,400 | 380 |
| 31 Dec 20 | 13,834 | 1,056 | 3,414 | 379 |
| 30 Sep 20 | 13,749 | 1,079 | 3,418 | 388 |
| 30 Jun 20 | 13,890 | 1,003 | 3,469 | 403 |
| 31 Mar 20 | 14,899 | 1,174 | 3,628 | 428 |
| 31 Dec 19 | 15,146 | 1,243 | 3,621 | 432 |
| 30 Sep 19 | 15,119 | 1,204 | 3,565 | 428 |
| 30 Jun 19 | 15,110 | 1,206 | 3,545 | 431 |
| 31 Mar 19 | 15,217 | 1,307 | 3,565 | 434 |
| 31 Dec 18 | 15,374 | 1,323 | 3,567 | 441 |
| 30 Sep 18 | 15,411 | 1,215 | 3,627 | 452 |
| 30 Jun 18 | 15,370 | 1,240 | 3,654 | 456 |
| 31 Mar 18 | 15,043 | 1,366 | 3,585 | 454 |
| 31 Dec 17 | 14,748 | 1,369 | 3,554 | 451 |
| 30 Sep 17 | 14,483 | 1,308 | 3,513 | 450 |
| 30 Jun 17 | 14,367 | 704 | 3,512 | 451 |
| 31 Mar 17 | 14,345 | 546 | 3,566 | 454 |
| 31 Dec 16 | 14,270 | 543 | 3,555 | 453 |
| 30 Sep 16 | 14,405 | 751 | 3,629 | 466 |
| 30 Jun 16 | 14,470 | 1,377 | 3,611 | 468 |
| 31 Mar 16 | 14,515 | 1,345 | 3,607 | 471 |
| 31 Dec 15 | 14,241 | 1,311 | 3,584 | 466 |
Quality Earnings: PPQ has a large one-off loss of $365.0M impacting its last 12 months of financial results to 30th September, 2022.
Growing Profit Margin: PPQ's current net profit margins (6%) are lower than last year (8.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PPQ's earnings have declined by 2.3% per year over the past 5 years.
Accelerating Growth: PPQ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PPQ had negative earnings growth (-25.8%) over the past year, making it difficult to compare to the Chemicals industry average (-34.6%).
Return on Equity
High ROE: PPQ's Return on Equity (17.7%) is considered low.