PPG Industries Past Earnings Performance

Past criteria checks 4/6

PPG Industries has been growing earnings at an average annual rate of 4%, while the Chemicals industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 5.7% per year. PPG Industries's return on equity is 19.1%, and it has net margins of 8.2%.

Key information

4.0%

Earnings growth rate

4.1%

EPS growth rate

Chemicals Industry Growth12.4%
Revenue growth rate5.7%
Return on equity19.1%
Net Margin8.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How PPG Industries makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:PPQ Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2418,0301,4864,397436
30 Jun 2418,0991,4444,386439
31 Mar 2418,1771,4064,382438
31 Dec 2318,2461,2704,307433
30 Sep 2318,0811,4184,139430
30 Jun 2317,9051,3214,007432
31 Mar 2317,7241,2743,881437
31 Dec 2217,6521,0283,875448
30 Sep 2217,6571,0573,864456
30 Jun 2217,5611,0723,871460
31 Mar 2217,2291,0603,818452
31 Dec 2116,8021,4203,806439
30 Sep 2116,3691,4253,652423
30 Jun 2115,6821,5233,555401
31 Mar 2114,3381,1913,400380
31 Dec 2013,8341,0563,414379
30 Sep 2013,7491,0793,418388
30 Jun 2013,8901,0033,469403
31 Mar 2014,8991,1743,628428
31 Dec 1915,1461,2433,621432
30 Sep 1915,1191,2043,565428
30 Jun 1915,1101,2063,545431
31 Mar 1915,2171,3073,565434
31 Dec 1815,3741,3233,567441
30 Sep 1815,4111,2153,627452
30 Jun 1815,3701,2403,654456
31 Mar 1815,0431,3663,585454
31 Dec 1714,7481,3693,554451
30 Sep 1714,4831,3083,513450
30 Jun 1714,3677043,512451
31 Mar 1714,3455463,566454
31 Dec 1614,2705433,555453
30 Sep 1614,4057513,629466
30 Jun 1614,4701,3773,611468
31 Mar 1614,5151,3453,607471
31 Dec 1514,2411,3113,584466
30 Sep 1514,9211,1293,647480
30 Jun 1515,1311,0913,713483
31 Mar 1515,3861,1773,772491
31 Dec 1414,7911,0523,696483
30 Sep 1415,1531,2313,731485
30 Jun 1414,9921,0323,700482
31 Mar 1414,7939333,640474
31 Dec 1314,2658513,486463

Quality Earnings: PPQ has high quality earnings.

Growing Profit Margin: PPQ's current net profit margins (8.2%) are higher than last year (7.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: PPQ's earnings have grown by 4% per year over the past 5 years.

Accelerating Growth: PPQ's earnings growth over the past year (4.8%) exceeds its 5-year average (4% per year).

Earnings vs Industry: PPQ earnings growth over the past year (4.8%) did not outperform the Chemicals industry 7.2%.


Return on Equity

High ROE: PPQ's Return on Equity (19.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 21:13
End of Day Share Price 2024/12/13 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

PPG Industries, Inc. is covered by 46 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Ghansham PanjabiBaird
Ishan MajumdarBaptista Research