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, US
Websiteppg.com
Culture scoreB-

Latest Updates

Employees (est.) (Dec 2019)47,600
Job Openings166
Revenue (FY, 2019)$15.1 B(-1%)
Share Price (May 2020)$101.7

Key People/Management at PPG Industries

Christopher R. Caruso

Christopher R. Caruso

Vice President, Information Technology
Michael H. McGarry

Michael H. McGarry

Chairman and Chief Executive Officer
Rebecca B. Liebert

Rebecca B. Liebert

Executive Vice President
Timothy M. Knavish

Timothy M. Knavish

Executive Vice President
Vincent Robin

Vincent Robin

President, PPG Asia/Pacific and Vice President, Automotive Coatings, Asia/Pacific
Vincent J. Morales

Vincent J. Morales

Senior Vice President and Chief Financial Officer
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PPG Industries Office Locations

PPG Industries has offices in Pittsburgh, Adrian, Alexander, Atlanta and in 159 other locations
Pittsburgh, US (HQ)
1 PPG Pl
Adrian, US
961 Division St
Alexander, US
11605 Vimy Ridge Rd
Atlanta, US
1377 Oakleigh Dr
Barberton, US
4829 Fairland Rd
Batavia, US
1020 Olympic Dr
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PPG Industries Financials and Metrics

PPG Industries Revenue

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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 (Q1, 2020)

3.4b

Gross profit (Q1, 2020)

1.5b

Gross profit margin (Q1, 2020), %

43.5%

Net income (Q1, 2020)

248.0m

Market capitalization (29-May-2020)

24.0b

Closing stock price (29-May-2020)

101.7

Cash (31-Mar-2020)

1.9b

EV

29.1b
PPG Industries's current market capitalization is $24 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

14.8b14.8b15.4b15.1b

Revenue growth, %

0%4%(1%)

Cost of goods sold

8.1b8.2b9.0b8.7b

Gross profit

6.7b6.5b6.4b6.5b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

3.7b4.1b3.8b3.6b3.8b3.8b3.8b4.1b3.8b3.6b4.0b3.8b3.4b

Cost of goods sold

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

Gross profit

1.7b1.9b1.7b1.6b1.7b1.7b1.6b1.8b1.6b1.6b1.7b1.6b1.5b

Gross profit Margin, %

45%46%45%45%45%44%42%42%41%43%43%43%44%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.8b1.4b902.0m1.2b

Accounts Receivable

2.7b2.9b2.8b2.8b

Inventories

1.5b1.7b1.8b1.7b

Current Assets

6.5b6.5b6.0b6.2b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

909.0m1.6b929.0m1.3b1.6b2.3b1.3b1.0b1.1b784.0m963.0m1.4b1.9b

Accounts Receivable

3.1b3.1b3.0b3.1b3.2b3.2b3.3b3.4b3.2b3.2b3.3b3.0b2.8b

Inventories

1.9b1.8b1.7b1.7b1.8b1.8b2.0b2.0b2.0b2.0b1.9b1.9b1.9b

Current Assets

6.7b7.1b6.4b6.6b7.1b7.6b7.1b6.9b6.7b6.4b6.7b6.8b7.1b
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

895.0m1.6b1.4b1.3b

Depreciation and Amortization

440.0m460.0m497.0m511.0m

Inventories

56.0m(116.0m)(109.0m)145.0m

Accounts Payable

169.0m188.0m(76.0m)(63.0m)
USDY, 2020

EV/CFO

-183 x

Financial Leverage

3.7 x
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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
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PPG Industries Acquisitions / Subsidiaries

Company NameDateDeal Size
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
Masterwork PaintJune 01, 2014
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PPG Industries Revenue Breakdown

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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 Online and Social Media Presence

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PPG Industries Company Culture

  • Overall Culture

    B-

    68/100

  • CEO Rating

    C+

    67/100

  • Compensation

    C

    60/100

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PPG Industries News and Updates

World Paints & Coatings Market Analysis, 2012-2025 | Featuring AkzoNobel, PPG Industries, Sherwin-Wiliams, BASF, and Nippon Paint

DUBLIN, May 20, 2020 /PRNewswire/ -- The "Global Paints & Coatings Market (By Types - Architectural/Decorative Coating, Industrial Coating & Special-purpose Coating; By Technology - Waterborne Coating, Powder Coating and Solvent-based Coatings; By Region - North America, Europe & Asia...

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...

PPG Industries says SEC probe resolved with no financial penalty

Chemicals maker PPG Industries Inc said on Thursday a probe by the U.S. Securities and Exchange Commission (SEC) into the alleged role of a former controller of the company in inflating profits has been resolved with no financial penalty.

Solar Panel Coatings Market Major Key Players Are Arkema, Fenzi SpA, NanoTech Products, Koninklijke DSM, PPG Industries

New Report on Global Solar Panel Coatings Market 2019 Edition Posted via Industry Today. Follow us on Twitter @IndustryToday

Global Powder Coatings Market 2019-2024 - Major Players are Akzo Nobel N.V., BASF SE, Sherwin Williams, PPG Industries, Lonza Group, and Royal DSM

DUBLIN, July 22, 2019 /PRNewswire/ -- The "Powder Coatings Market - Growth, Trends, and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering. The powder coatings market is expected to grow at a CAGR of above 6% during the forecast period of 2019-2024 Major...
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PPG Industries Blogs

The dynamite home-decor trends to know this summer

https://nypost.com/2019/06/12/the-dynamite-home-decor-trends-to-know-this-summer/ News Organization: New York Post ...Summer is the season of relaxation, and if there is one colo…

PPG Paint's 2020 Color of the Year Is the Most Therapeutic Color

https://www.apartmenttherapy.com/ppg-paint-2020-color-of-the-year-36609772 News Organization: Apartment Therapy While most of us are welcoming summer, PPG Paints is looking into …

Protecting Puppy Paws on Sizzling Sidewalks

https://ppg.mc.wg1.kontiki.com/global2/content?moid=8f278851-8730-4148-b427-57e5a0938859&valetKey=vk_u1om2mavh3vk6ow10vpq7w2clh0h4hlk News Organization: Good Morning America (GMA) …

You’re Probably 'Procrastipainting' and You Don’t Even Know It

https://www.realsimple.com/home-organizing/home-improvement/painting/procrastipainting-procrastinating-painting-projects News Organization: Real Simple ...Meet procrastipainting: …

Those moody blues: Inky hues saturate home decor

https://www.apnews.com/21bf039d69e842bb93287af74dc2768b News Organization: Associated Press ...For paint options, consider Benjamin Moore’s Hale Navy, Van Deusen Blue and Kensing…

Boys & Girls Club Looking To Double Programs Offered To Teenagers

https://www.kidsburgh.org/boys-girls-club-looking-to-double-programs-offered-to-teenagers/ News Organization: Kidsburgh.org (Pittsburgh) ...Phuyal is one of many teenagers from a…
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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 Christopher R. Caruso, Michael H. McGarry and Rebecca B. Liebert.

  • 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 AkzoNobel, 3M and Hempel.

  • 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 159 other locations.

  • How many offices does PPG Industries have?

    PPG Industries has 201 offices.