PPG Industries, Inc.

NYSE:PPG Stock Report

Market Cap: US$23.9b

PPG Industries Balance Sheet Health

Financial Health criteria checks 4/6

PPG Industries has a total shareholder equity of $8.1B and total debt of $7.3B, which brings its debt-to-equity ratio to 90.2%. Its total assets and total liabilities are $22.1B and $14.0B respectively. PPG Industries's EBIT is $2.1B making its interest coverage ratio 24.1. It has cash and short-term investments of $2.2B.

Key information

90.24%

Debt to equity ratio

US$7.31b

Debt

Interest coverage ratio24.1x
CashUS$2.22b
EquityUS$8.10b
Total liabilitiesUS$14.00b
Total assetsUS$22.10b

Recent financial health updates

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

Dec 29
Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly

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

Jul 30
These 4 Measures Indicate That PPG Industries (NYSE:PPG) Is Using Debt Reasonably Well

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

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

Recent updates

PPG Industries: Buy This Dividend Aristocrat At Below Average Price

Feb 02

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

Dec 29
Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly

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

Jul 30
These 4 Measures Indicate That PPG Industries (NYSE:PPG) Is Using Debt Reasonably Well

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

Jun 27
PPG Industries (NYSE:PPG) Hasn't Managed To Accelerate Its Returns

Is PPG Industries, Inc. (NYSE:PPG) Trading At A 31% Discount?

Jun 12
Is PPG Industries, Inc. (NYSE:PPG) Trading At A 31% Discount?

What Does PPG Industries, Inc.'s (NYSE:PPG) Share Price Indicate?

May 22
What Does PPG Industries, Inc.'s (NYSE:PPG) Share Price Indicate?

We Think You Can Look Beyond PPG Industries' (NYSE:PPG) Lackluster Earnings

May 08
We Think You Can Look Beyond PPG Industries' (NYSE:PPG) Lackluster Earnings

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?

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

Progress in smart window commercial deployments

PPG Industries: Updating 'Buy' For 2025

Jan 22

PPG Industries: Still Not Painting A Pretty Picture

Nov 07

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

Sep 23

PPG Industries: A Market Correction Could Present An Opportunity

Sep 01

PPG Industries Languishing Amid Weak Volumes (Rating Downgrade)

Aug 21

Financial Position Analysis

Short Term Liabilities: PPG's short term assets ($8.0B) exceed its short term liabilities ($4.9B).

Long Term Liabilities: PPG's short term assets ($8.0B) do not cover its long term liabilities ($9.1B).

Debt to Equity History and Analysis

Debt Level: PPG's net debt to equity ratio (62.8%) is considered high.

Reducing Debt: PPG's debt to equity ratio has reduced from 98.7% to 90.2% over the past 5 years.

Debt Coverage: PPG's debt is well covered by operating cash flow (26.6%).

Interest Coverage: PPG's interest payments on its debt are well covered by EBIT (24.1x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/09 12:06
End of Day Share Price 2026/03/09 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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 35 analysts. 22 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
Michael LeitheadBarclays