PPG Industries Past Earnings Performance
Past criteria checks 5/6
PPG Industries has been growing earnings at an average annual rate of 1.8%, while the Chemicals industry saw earnings growing at 13.9% annually. Revenues have been growing at an average rate of 5.5% per year. PPG Industries's return on equity is 17.8%, and it has net margins of 7.7%.
Key information
1.8%
Earnings growth rate
2.0%
EPS growth rate
| Chemicals Industry Growth | 12.9% |
| Revenue growth rate | 5.5% |
| Return on equity | 17.8% |
| Net Margin | 7.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Returns On Capital At PPG Industries (NYSE:PPG) Have Hit The Brakes
Apr 15
PPG Industries, Inc.'s (NYSE:PPG) Popularity With Investors Is Clear
Apr 01PPG Industries: Hold, The North American Strategic Review Is Risky
Mar 22Is It Time To Consider Buying PPG Industries, Inc. (NYSE:PPG)?
Mar 18Solid Earnings Reflect PPG Industries' (NYSE:PPG) Strength As A Business
Feb 22Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly
Feb 20Do PPG Industries' (NYSE:PPG) Earnings Warrant Your Attention?
Jan 15Are Investors Undervaluing PPG Industries, Inc. (NYSE:PPG) By 22%?
Jan 03PPG Industries: Buy This Fairly Valued Dividend Aristocrat Now
Dec 30PPG Industries (NYSE:PPG) Has Some Way To Go To Become A Multi-Bagger
Dec 22What Is PPG Industries, Inc.'s (NYSE:PPG) Share Price Doing?
Dec 10Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly
Nov 16PPG Industries: Replacing A Dividend King With Another
Oct 17Here's Why We Think PPG Industries (NYSE:PPG) Is Well Worth Watching
Oct 11Slowing Rates Of Return At PPG Industries (NYSE:PPG) Leave Little Room For Excitement
Sep 15PPG Industries, Inc.'s (NYSE:PPG) Intrinsic Value Is Potentially 30% Above Its Share Price
Sep 01PPG: Good Performance, But Not 'Outperformance'
Aug 31PPG Industries (NYSE:PPG) Is Increasing Its Dividend To $0.65
Aug 07PPG Industries' (NYSE:PPG) Upcoming Dividend Will Be Larger Than Last Year's
Jul 24PPG Industries (NYSE:PPG) Seems To Use Debt Quite Sensibly
Jul 15Is Now An Opportune Moment To Examine PPG Industries, Inc. (NYSE:PPG)?
Jul 03PPG Industries: Strong Market Position Brings Margin Expansion
Jun 22Some Investors May Be Worried About PPG Industries' (NYSE:PPG) Returns On Capital
Jun 09Do PPG Industries' (NYSE:PPG) Earnings Warrant Your Attention?
May 02Estimating The Intrinsic Value Of PPG Industries, Inc. (NYSE:PPG)
Apr 19PPG Industries (NYSE:PPG) Has A Pretty Healthy Balance Sheet
Apr 06Should You Investigate PPG Industries, Inc. (NYSE:PPG) At US$124?
Mar 23The Returns On Capital At PPG Industries (NYSE:PPG) Don't Inspire Confidence
Mar 10PPG Q4 2022 Earnings Preview
Jan 18A Look At The Fair Value Of PPG Industries, Inc. (NYSE:PPG)
Jan 12PPG Industries: Coatings Have Taken A Margin Cut
Jan 03Here's Why PPG Industries (NYSE:PPG) Can Manage Its Debt Responsibly
Dec 29Is Now The Time To Look At Buying PPG Industries, Inc. (NYSE:PPG)?
Dec 16PPG Industries' (NYSE:PPG) Returns On Capital Not Reflecting Well On The Business
Dec 01PPG names COO Tim Knavish as new CEO, stock surges ~14% after hours
Oct 19Is There An Opportunity With PPG Industries, Inc.'s (NYSE:PPG) 40% Undervaluation?
Oct 13Is PPG Industries (NYSE:PPG) A Risky Investment?
Sep 30Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow 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 |
|---|---|---|---|---|
| 31 Mar 24 | 18,177 | 1,406 | 4,382 | 438 |
| 31 Dec 23 | 18,246 | 1,270 | 4,307 | 433 |
| 30 Sep 23 | 18,081 | 1,418 | 4,139 | 430 |
| 30 Jun 23 | 17,905 | 1,321 | 4,007 | 432 |
| 31 Mar 23 | 17,724 | 1,274 | 3,881 | 437 |
| 31 Dec 22 | 17,652 | 1,028 | 3,875 | 448 |
| 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 | 3,806 | 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 |
| 30 Sep 15 | 14,921 | 1,129 | 3,647 | 480 |
| 30 Jun 15 | 15,131 | 1,091 | 3,713 | 483 |
| 31 Mar 15 | 15,386 | 1,177 | 3,772 | 491 |
| 31 Dec 14 | 14,791 | 1,052 | 3,696 | 483 |
| 30 Sep 14 | 15,153 | 1,231 | 3,731 | 485 |
| 30 Jun 14 | 14,992 | 1,032 | 3,700 | 482 |
| 31 Mar 14 | 14,793 | 933 | 3,640 | 474 |
| 31 Dec 13 | 14,265 | 851 | 3,486 | 463 |
| 30 Sep 13 | 14,008 | 822 | 3,387 | 462 |
| 30 Jun 13 | 13,642 | 929 | 3,256 | 457 |
Quality Earnings: PPG has high quality earnings.
Growing Profit Margin: PPG's current net profit margins (7.7%) are higher than last year (7.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PPG's earnings have grown by 1.8% per year over the past 5 years.
Accelerating Growth: PPG's earnings growth over the past year (10.4%) exceeds its 5-year average (1.8% per year).
Earnings vs Industry: PPG earnings growth over the past year (10.4%) exceeded the Chemicals industry -11.9%.
Return on Equity
High ROE: PPG's Return on Equity (17.8%) is considered low.