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.
TypePublic
Founded1883
HQPittsburgh, PA, US
Websiteppg.com
Overall CultureB-

Latest Updates

Employees (est.) (Dec 2019)47,600
Job Openings2
Revenue (FY, 2019)$15.1 B(-1%)
Share Price (Jan 2021)$145 (-2%)
Cybersecurity ratingBMore

Key People/Management at PPG Industries

Michael H. McGarry

Michael H. McGarry

Chairman and Chief Executive Officer
Christopher R. Caruso

Christopher R. Caruso

Vice President, Information Technology
Vincent Robin

Vincent Robin

President, PPG Asia/Pacific and Vice President, Automotive Coatings, Asia/Pacific
Timothy M. Knavish

Timothy M. Knavish

Executive Vice President
Anne M. Foulkes

Anne M. Foulkes

Senior Vice President and General Counsel
Vincent J. Morales

Vincent J. Morales

Senior Vice President and Chief Financial Officer
Show more

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
Show all (189)

PPG Industries Financials and Metrics

PPG Industries Revenue

Embed Graph
View revenue for all periods
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
USDFY, 2017FY, 2018FY, 2019

Revenue

14.8b15.4b15.1b

Revenue growth, %

4%(1%)

Cost of goods sold

8.2b9.0b8.7b

Gross profit

6.5b6.4b6.5b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

3.6b3.8b3.8b3.8b4.1b3.8b3.6b4.0b3.8b3.4b3.0b3.7b

Cost of goods sold

2.0b2.1b2.1b2.2b2.4b2.3b2.1b2.3b2.2b1.9b1.7b2.0b

Gross profit

1.6b1.7b1.7b1.6b1.8b1.6b1.6b1.7b1.6b1.5b1.3b1.7b

Gross profit Margin, %

45%45%44%42%42%41%43%43%43%44%44%45%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

1.4b902.0m1.2b

Accounts Receivable

2.9b2.8b2.8b

Inventories

1.7b1.8b1.7b

Current Assets

6.5b6.0b6.2b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

1.3b1.6b2.3b1.3b1.0b1.1b784.0m963.0m1.4b1.9b2.3b2.0b

Accounts Receivable

3.1b3.2b3.2b3.3b3.4b3.2b3.2b3.3b3.0b2.8b2.7b2.8b

Inventories

1.7b1.8b1.8b2.0b2.0b2.0b2.0b1.9b1.9b1.9b1.7b1.7b

Current Assets

6.6b7.1b7.6b7.1b6.9b6.7b6.4b6.7b6.8b7.1b7.1b7.0b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

1.6b1.4b1.3b

Depreciation and Amortization

460.0m497.0m511.0m

Inventories

(116.0m)(109.0m)145.0m

Accounts Payable

188.0m(76.0m)(63.0m)
USDQ1, 2017

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

3.1 x
Show all financial metrics

PPG Industries Operating Metrics

FY, 2016FY, 2017FY, 2018

Manufacturing Facilities

140 133 128

Manufacturing Facilities (US and Canada)

39 39 34

Manufacturing Facilities (EMEA)

56 54 54

Manufacturing Facilities (Asia Pacific)

27 26 26
Show all operating metrics

PPG Industries Acquisitions / Subsidiaries

Company NameDateDeal Size
Ennis-FlintNovember 30, 2020$1.15 b
Dexmet CorporationAugust 14, 2019
WhitfordMay 01, 2019
PaintzenJanuary 15, 2018$75 m
ProCoatings BVJanuary 02, 2018
The Crown Group IncJuly 20, 2017
Deutek SAOctober 01, 2016
Chemfil Canada LimitedOctober 01, 2015
Revocoat S.A.SApril 01, 2015
ComexJune 30, 2014$2.30 b
Show more

PPG Industries Revenue Breakdown

Embed Graph

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

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

PPG Industries Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

PPG Industries Online and Social Media Presence

Embed Graph

PPG Industries Company Culture

  • Overall Culture

    B-

    68/100

  • CEO Rating

    C+

    67/100

  • Compensation

    C

    60/100

Learn more on Comparably

PPG Industries News and Updates

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.

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…

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…

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...

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

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...
Show more

PPG Industries Blogs

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…

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) …

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…

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…

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…

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 …
Show more

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.