PPG Industries, Inc.

NYSE:PPG Stock Report

Market Cap: US$22.7b

PPG Industries Future Growth

Future criteria checks 2/6

PPG Industries is forecast to grow earnings and revenue by 9.4% and 2.3% per annum respectively. EPS is expected to grow by 10.9% per annum. Return on equity is forecast to be 29.3% in 3 years.

Key information

9.4%

Earnings growth rate

10.9%

EPS growth rate

Chemicals earnings growth13.7%
Revenue growth rate2.3%
Future return on equity29.3%
Analyst coverage

Good

Last updated15 Apr 2025

Recent future growth updates

Recent updates

Market Still Lacking Some Conviction On PPG Industries, Inc. (NYSE:PPG)

Apr 04
Market Still Lacking Some Conviction On PPG Industries, Inc. (NYSE:PPG)

Does PPG Industries (NYSE:PPG) Have A Healthy Balance Sheet?

Mar 20
Does PPG Industries (NYSE:PPG) Have A Healthy Balance Sheet?

Weekly Picks: A Chip Giant, an “Ugly” Shoe, and a Paint Powerhouse

Mar 04
Weekly Picks: A Chip Giant, an “Ugly” Shoe, and a Paint Powerhouse
author-image

PPG Industries set to soar with 9% revenue growth in the next 3 years

Mar 04Progress in smart window commercial deployments

An Intrinsic Calculation For PPG Industries, Inc. (NYSE:PPG) Suggests It's 31% Undervalued

Feb 24
An Intrinsic Calculation For PPG Industries, Inc. (NYSE:PPG) Suggests It's 31% Undervalued

PPG Industries: Updating 'Buy' For 2025

Jan 22

PPG Industries, Inc.'s (NYSE:PPG) Shares Not Telling The Full Story

Jan 01
PPG Industries, Inc.'s (NYSE:PPG) Shares Not Telling The Full Story

Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly

Dec 19
Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly

When Should You Buy PPG Industries, Inc. (NYSE:PPG)?

Dec 05
When Should You Buy PPG Industries, Inc. (NYSE:PPG)?

Here's What To Make Of PPG Industries' (NYSE:PPG) Decelerating Rates Of Return

Nov 21
Here's What To Make Of PPG Industries' (NYSE:PPG) Decelerating Rates Of Return

PPG Industries: Still Not Painting A Pretty Picture

Nov 07

Is PPG Industries, Inc. (NYSE:PPG) Trading At A 29% Discount?

Oct 15
Is PPG Industries, Inc. (NYSE:PPG) Trading At A 29% Discount?

PPG Industries: Struggling Along, As Investors Await More Divestment News

Sep 23

Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly

Sep 18
Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly

PPG Industries: A Market Correction Could Present An Opportunity

Sep 01

What You Can Learn From PPG Industries, Inc.'s (NYSE:PPG) P/E

Aug 22
What You Can Learn From PPG Industries, Inc.'s (NYSE:PPG) P/E

PPG Industries Languishing Amid Weak Volumes (Rating Downgrade)

Aug 21

PPG Industries (NYSE:PPG) Is Increasing Its Dividend To $0.68

Aug 06
PPG Industries (NYSE:PPG) Is Increasing Its Dividend To $0.68

PPG Industries (NYSE:PPG) Hasn't Managed To Accelerate Its Returns

Aug 05
PPG Industries (NYSE:PPG) Hasn't Managed To Accelerate Its Returns

PPG Industries (NYSE:PPG) Will Pay A Larger Dividend Than Last Year At $0.68

Jul 22
PPG Industries (NYSE:PPG) Will Pay A Larger Dividend Than Last Year At $0.68

Should You Think About Buying PPG Industries, Inc. (NYSE:PPG) Now?

Jun 19
Should You Think About Buying PPG Industries, Inc. (NYSE:PPG) Now?

Estimating The Intrinsic Value Of PPG Industries, Inc. (NYSE:PPG)

Jun 06
Estimating The Intrinsic Value Of PPG Industries, Inc. (NYSE:PPG)

PPG Industries Acquisition Strategy Fails To Deliver Growth

Jun 04

These 4 Measures Indicate That PPG Industries (NYSE:PPG) Is Using Debt Reasonably Well

May 23
These 4 Measures Indicate That PPG Industries (NYSE:PPG) Is Using Debt Reasonably Well

PPG Industries: Hold, The North American Strategic Review Is Risky

Mar 22

PPG Industries: Buy This Fairly Valued Dividend Aristocrat Now

Dec 30

PPG Industries: Replacing A Dividend King With Another

Oct 17

Earnings and Revenue Growth Forecasts

NYSE:PPG - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202716,7481,8921,6292,35114
12/31/202616,2331,8131,5302,28921
12/31/202515,6541,6561,3782,01820
12/31/202415,8451,3446991,420N/A
9/30/202418,0301,4861,2811,972N/A
6/30/202418,0991,4441,4142,095N/A
3/31/202418,1771,4061,5812,266N/A
12/31/202316,2421,2231,8952,411N/A
9/30/202318,0811,4181,5692,100N/A
6/30/202317,9051,3211,2241,720N/A
3/31/202317,7241,2749081,352N/A
12/31/202215,6141,007477963N/A
9/30/202217,6571,057313832N/A
6/30/202217,5611,072352845N/A
3/31/202217,2291,0607961,281N/A
12/31/202116,8021,4201,1911,562N/A
9/30/202116,3691,4251,7182,072N/A
6/30/202115,6821,5232,0352,389N/A
3/31/202114,3381,1911,9192,266N/A
12/31/202013,8341,0561,8262,130N/A
9/30/202013,7491,0791,6141,973N/A
6/30/202013,8901,0031,5481,920N/A
3/31/202014,8991,1741,5841,987N/A
12/31/201915,1461,2431,6672,080N/A
9/30/201915,1191,2041,6622,071N/A
6/30/201915,1101,2061,3921,818N/A
3/31/201915,2171,3071,2461,629N/A
12/31/201815,3741,3231,0561,467N/A
9/30/201815,4111,215N/A1,203N/A
6/30/201815,3701,240N/A1,253N/A
3/31/201815,0431,366N/A1,331N/A
12/31/201714,7481,369N/A1,568N/A
9/30/201714,4831,308N/A1,607N/A
6/30/201714,367704N/A1,798N/A
3/31/201714,345546N/A1,281N/A
12/31/201614,270543N/A1,351N/A
9/30/201614,405751N/A1,627N/A
6/30/201614,4701,377N/A1,650N/A
3/31/201614,5151,345N/A2,345N/A
12/31/201514,2411,311N/A1,895N/A
9/30/201514,9211,129N/A1,477N/A
6/30/201515,1311,091N/A1,313N/A
3/31/201515,3861,177N/A936N/A
12/31/201414,7911,052N/A1,528N/A
9/30/201415,1531,231N/A1,546N/A
6/30/201414,9921,032N/A1,698N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PPG's forecast earnings growth (9.4% per year) is above the savings rate (2.8%).

Earnings vs Market: PPG's earnings (9.4% per year) are forecast to grow slower than the US market (13.3% per year).

High Growth Earnings: PPG's earnings are forecast to grow, but not significantly.

Revenue vs Market: PPG's revenue (2.3% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: PPG's revenue (2.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PPG's Return on Equity is forecast to be high in 3 years time (29.3%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/19 18:15
End of Day Share Price 2025/04/17 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

PPG Industries, Inc. is covered by 41 analysts. 21 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
Scott DavisBarclays