OverviewSuggest Edit
PPG Industries is a company that manufactures and distributes a range of paints, coatings, and specialty materials. It operates in 2 segments: Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, solvents, sundries, software, paints, wood stains, and other products. The Industrial Coatings segment provides specifically formulated coatings, adhesives and sealants, metal pretreaments, amorphous precipitated silicas, TESLIN substrate, organic light emitting diode (OLED) materials, optical lens materials, and photochromic dyes. The company serves the construction, consumer products, industrial, and transportation markets and aftermarkets.
| Type | Public | |
| Founded | 1883 | |
| HQ | Pittsburgh, PA, US | Map |
| Website | ppg.com | |
| Overall Culture | B- | More |
Recent NewsAll News
- Global UV Curable Coatings Market 2020-2025 with Royal DSM, PPG Industries, Akzo Nobel, BASF, and The Sherwin-Williams Co Dominating
- PPG Industries to buy pavement marking products maker Ennis-Flint in a $1.2 billion deal
- Worldwide UV Coating Industry to 2024 - Featuring Akzonobel, Royal DSM & PPG Industries Among Others
- Global Construction Glass Markets, 2013-2024 with Profiles of 10 Major Players Including Nippon Sheet Glass, PPG Industries and Saint-Gobain
Key People/Management at PPG Industries
Michael H. McGarry
Chairman and Chief Executive Officer
Christopher R. Caruso
Vice President, Information Technology
Vincent Robin
President, PPG Asia/Pacific and Vice President, Automotive Coatings, Asia/Pacific
Timothy M. Knavish
Executive Vice President
Anne M. Foulkes
Senior Vice President and General Counsel
Vincent J. Morales
Senior Vice President and Chief Financial Officer
PPG Industries Office Locations
PPG Industries has offices in Pittsburgh, Adrian, Alexander, Atlanta and in 171 other locations
Pittsburgh, PA, US (HQ)
1 PPG Pl
Adrian, MI, US
961 Division St
Alexander, AR, US
11605 Vimy Ridge Rd
Atlanta, GA, US
1377 Oakleigh Dr
Barberton, OH, US
4829 Fairland Rd
Batavia, IL, US
1020 Olympic Dr
PPG Industries Financials and Metrics
PPG Industries Revenue
PPG Industries's revenue was reported to be $15.15 b in FY, 2019 which is a 1.5% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2020) | 3.7b |
Gross profit (Q3, 2020) | 1.7b |
Gross profit margin (Q3, 2020), % | 45% |
Net income (Q3, 2020) | 448.0m |
EBIT (Q3, 2020) | 442.0m |
Market capitalization (19-Jan-2021) | 34.3b |
Closing stock price (19-Jan-2021) | 145.0 |
Cash (30-Sept-2020) | 2.0b |
EV | 38.6b |
PPG Industries's current market capitalization is $34.3 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 3.6b | 3.8b | 3.8b | 3.8b | 4.1b | 3.8b | 3.6b | 4.0b | 3.8b | 3.4b | 3.0b | 3.7b |
Cost of goods sold | 2.0b | 2.1b | 2.1b | 2.2b | 2.4b | 2.3b | 2.1b | 2.3b | 2.2b | 1.9b | 1.7b | 2.0b |
Gross profit | 1.6b | 1.7b | 1.7b | 1.6b | 1.8b | 1.6b | 1.6b | 1.7b | 1.6b | 1.5b | 1.3b | 1.7b |
Gross profit Margin, % | 45% | 45% | 44% | 42% | 42% | 41% | 43% | 43% | 43% | 44% | 44% | 45% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 1.3b | 1.6b | 2.3b | 1.3b | 1.0b | 1.1b | 784.0m | 963.0m | 1.4b | 1.9b | 2.3b | 2.0b |
Accounts Receivable | 3.1b | 3.2b | 3.2b | 3.3b | 3.4b | 3.2b | 3.2b | 3.3b | 3.0b | 2.8b | 2.7b | 2.8b |
Inventories | 1.7b | 1.8b | 1.8b | 2.0b | 2.0b | 2.0b | 2.0b | 1.9b | 1.9b | 1.9b | 1.7b | 1.7b |
Current Assets | 6.6b | 7.1b | 7.6b | 7.1b | 6.9b | 6.7b | 6.4b | 6.7b | 6.8b | 7.1b | 7.1b | 7.0b |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 339.0m | 845.0m | 1.5b | 340.0m | 715.0m | 1.1b | 317.0m | 594.0m | 969.0m | 248.0m | 345.0m | 796.0m |
Depreciation and Amortization | 114.0m | 223.0m | 340.0m | 123.0m | 248.0m | 370.0m | 118.0m | 244.0m | 377.0m | 129.0m | 320.0m | 384.0m |
Inventories | (153.0m) | (185.0m) | (200.0m) | (202.0m) | (270.0m) | (285.0m) | (152.0m) | (97.0m) | (49.0m) | (206.0m) | (29.0m) | 36.0m |
Accounts Payable | 63.0m | 141.0m | 223.0m | 74.0m | 198.0m | 102.0m | (24.0m) | 60.0m | 35.0m | (87.0m) | (347.0m) | (23.0m) |
| USD | Q1, 2017 |
|---|---|
Debt/Equity | 0.8 x |
Debt/Assets | 0.3 x |
Financial Leverage | 3.1 x |
PPG Industries Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Ennis-Flint | November 30, 2020 | $1.15 b |
| Dexmet Corporation | August 14, 2019 | |
| Whitford | May 01, 2019 | |
| Paintzen | January 15, 2018 | $75 m |
| ProCoatings BV | January 02, 2018 | |
| The Crown Group Inc | July 20, 2017 | |
| Deutek SA | October 01, 2016 | |
| Chemfil Canada Limited | October 01, 2015 | |
| Revocoat S.A.S | April 01, 2015 | |
| Comex | June 30, 2014 | $2.30 b |
PPG Industries Revenue Breakdown
PPG Industries revenue breakdown by business segment: 40.4% from Industrial Coatings and 59.6% from Performance Coatings
PPG Industries revenue breakdown by geographic segment: 10.4% from Latin America, 30.0% from Europe, Middle East and Africa (“EMEA”), 16.8% from Asia Pacific and 42.8% from United States and Canada
PPG Industries Cybersecurity Score
PPG Industries Environment, Social & Governance (ESG) Ratings
PPG Industries Online and Social Media Presence
26.48k Twitter followers
PPG Industries has 26.48k Twitter Followers. The number of followers has decreased 0.4% month over month and decreased 0.2% quarter over quarter
PPG Industries's Trends
Twitter Engagement Stats for @PPG
6k
Tweets
1k
Following
26.5k
Followers
36
Tweets last 30 days
9.3
Avg. likes per Tweet
100%
Tweets with engagement
PPG Industries Company Culture
Overall Culture
B-
68/100
CEO Rating
C+
67/100
Compensation
C
60/100
PPG Industries News and Updates
December 30, 2020
Global UV Curable Coatings Market 2020-2025 with Royal DSM, PPG Industries, Akzo Nobel, BASF, and The Sherwin-Williams Co Dominating
Dublin, Dec. 30, 2020 (GLOBE NEWSWIRE) -- The "UV Curable Coatings Market Report 2020-2025" report has been added to ResearchAndMarkets.com's offering.
November 30, 2020
PPG Industries to buy pavement marking products maker Ennis-Flint in a $1.2 billion deal
PPG Industries Inc. announced Monday an agreement to buy pavement marking products maker Ennis-Flint in a deal valued at $1.15 billion. "The acquisition of Ennis-Flint will further expand our product offering and opportunities in rapidly developing and high-growth mobility technology solutions," sa…
October 02, 2020
Worldwide UV Coating Industry to 2024 - Featuring Akzonobel, Royal DSM & PPG Industries Among Others
Dublin, Oct. 02, 2020 (GLOBE NEWSWIRE) -- The "UV Coating Market 2019-2024: Trends, Forecast, and Opportunity Analysis" report has been added to ResearchAndMarkets.com's offering. The future of the UV coating market looks promising with opportunities in the industrial coating, electronics, and g…
August 06, 2020
Global Construction Glass Markets, 2013-2024 with Profiles of 10 Major Players Including Nippon Sheet Glass, PPG Industries and Saint-Gobain
DUBLIN, Aug. 6, 2020 /PRNewswire/ -- The "Construction Glass Market Report: Trends, Forecast, and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering. The future of the construction glass market looks promising with opportunities in the residential and...
November 27, 2019
Anti-Icing Coating Global Market Analysis By Key Players – NEI Corporation, PPG Industries, Inc., NanoSonic, Inc., Helicity Technologies, Inc., CG2, Inc., Aerospace & Advanced Composites GmbH
Global Anti-Icing Coating Market Research Report For 2019 Set To Grow According To Forecasts Posted via Industry Today. Follow us on Twitter @IndustryToday
November 07, 2019
Synthetic Paper Market Overview & Growth Opportunities To 2023 | Key Players: PPG Industries, Yupo Corporation & American Profol Inc: Radiant Insights, Inc.
SAN FRANCISCO, Nov. 7, 2019 /PRNewswire/ -- The Synthetic Paper Market is set to grow at a significant CAGR during the forecast period. Enhanced synthetic paper is a better alternative for conventional paper. It is highly water resistant, flexible and powered with adhesive having a matte...
PPG Industries Blogs
November 12, 2019
PPG to present papers, highlight mobility, electronic materials solutions at IDTechEx 2019
Dateline City:
PITTSBURGH
Contacts
Desiree Miller
Industrial Coatings
+1 412-508-2261
dmiller@ppg.com
www.ppgindustrialcoatings.com
Speak…
November 11, 2019
Study demonstrates improved vessel power efficiency, reduced speed loss with PPG marine hull coatings
Dateline City:
PITTSBURGH
Contacts
Veronique Rossieau
Protective and Marine Coatings
+31-6-81612243
rossieau@ppg.com
www.ppgpmc.com
PITTSBURGH, Nov. 11, 2019 – PPG (NYSE:PPG) …
November 11, 2019
PPG Earns R&D 100 Recognition for PPG POWERCRON® 160 Anionic Epoxy Electrocoat
Dateline City:
PITTSBURGH
Next-generation coatings technology is single-source corrosion solution for multi-substrate pipes, castings
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PP…
November 07, 2019
PPG completes COLORFUL COMMUNITIES project at Millbrow Care Home in Widnes, United Kingdom
Dateline City:
RUNCORN
Contacts
Ken Armistead
Corporate Communications
PPG EMEA
+44 7740 771947
karmistead@ppg.com
www.ppg.com
RUNCORN, United Kingdom, Nov. 7, 2019 – PPG (NYS…
November 07, 2019
PPG’s Mt. Vernon plant to host students for National Manufacturing Day
Dateline City:
MT. VERNON
Contacts
Greta Edgar
Corporate Communications
+1 724-316-7552
edgar@ppg.com
Mark Silvey
Corporate Communications
+1 412-434-3046
silvey@ppg.com…
November 06, 2019
PPG to highlight high-transfer efficiency, extreme-edge protection coatings at FABTECH 2019
Dateline City:
Pittsburgh
Contacts
PPG Media Contact:
Desiree Miller
Industrial Coatings
+1 412-508-2261
dmiller@ppg.com
www.ppgindustrialcoatings.com
…
PPG Industries Frequently Asked Questions
When was PPG Industries founded?
PPG Industries was founded in 1883.
Who are PPG Industries key executives?
PPG Industries's key executives are Michael H. McGarry, Christopher R. Caruso and Vincent Robin.
How many employees does PPG Industries have?
PPG Industries has 47,600 employees.
What is PPG Industries revenue?
Latest PPG Industries annual revenue is $15.1 b.
What is PPG Industries revenue per employee?
Latest PPG Industries revenue per employee is $318.2 k.
Who are PPG Industries competitors?
Competitors of PPG Industries include Masco Corporation, Guardian Industries and Berkshire Hathaway.
Where is PPG Industries headquarters?
PPG Industries headquarters is located at 1 PPG Pl, Pittsburgh.
Where are PPG Industries offices?
PPG Industries has offices in Pittsburgh, Adrian, Alexander, Atlanta and in 171 other locations.
How many offices does PPG Industries have?
PPG Industries has 189 offices.
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