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, US | Map |
| Website | ppg.com | |
| Culture score | B- | More |
Recent NewsAll News
- World Paints & Coatings Market Analysis, 2012-2025 | Featuring AkzoNobel, PPG Industries, Sherwin-Wiliams, BASF, and Nippon Paint
- 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
- Synthetic Paper Market Overview & Growth Opportunities To 2023 | Key Players: PPG Industries, Yupo Corporation & American Profol Inc: Radiant Insights, Inc.
- PPG Industries says SEC probe resolved with no financial penalty
Key People/Management at PPG Industries
Christopher R. Caruso
Vice President, Information Technology
Michael H. McGarry
Chairman and Chief Executive Officer
Rebecca B. Liebert
Executive Vice President
Timothy M. Knavish
Executive Vice President
Vincent Robin
President, PPG Asia/Pacific and Vice President, Automotive Coatings, Asia/Pacific
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 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
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 (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
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 3.7b | 4.1b | 3.8b | 3.6b | 3.8b | 3.8b | 3.8b | 4.1b | 3.8b | 3.6b | 4.0b | 3.8b | 3.4b |
Cost of goods sold | 2.0b | 2.2b | 2.1b | 2.0b | 2.1b | 2.1b | 2.2b | 2.4b | 2.3b | 2.1b | 2.3b | 2.2b | 1.9b |
Gross profit | 1.7b | 1.9b | 1.7b | 1.6b | 1.7b | 1.7b | 1.6b | 1.8b | 1.6b | 1.6b | 1.7b | 1.6b | 1.5b |
Gross profit Margin, % | 45% | 46% | 45% | 45% | 45% | 44% | 42% | 42% | 41% | 43% | 43% | 43% | 44% |
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 909.0m | 1.6b | 929.0m | 1.3b | 1.6b | 2.3b | 1.3b | 1.0b | 1.1b | 784.0m | 963.0m | 1.4b | 1.9b |
Accounts Receivable | 3.1b | 3.1b | 3.0b | 3.1b | 3.2b | 3.2b | 3.3b | 3.4b | 3.2b | 3.2b | 3.3b | 3.0b | 2.8b |
Inventories | 1.9b | 1.8b | 1.7b | 1.7b | 1.8b | 1.8b | 2.0b | 2.0b | 2.0b | 2.0b | 1.9b | 1.9b | 1.9b |
Current Assets | 6.7b | 7.1b | 6.4b | 6.6b | 7.1b | 7.6b | 7.1b | 6.9b | 6.7b | 6.4b | 6.7b | 6.8b | 7.1b |
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 354.0m | 730.0m | 551.0m | 339.0m | 845.0m | 1.5b | 340.0m | 715.0m | 1.1b | 317.0m | 594.0m | 969.0m | 248.0m |
Depreciation and Amortization | 121.0m | 242.0m | 349.0m | 114.0m | 223.0m | 340.0m | 123.0m | 248.0m | 370.0m | 118.0m | 244.0m | 377.0m | 165.0m |
Inventories | (120.0m) | (104.0m) | (31.0m) | (153.0m) | (185.0m) | (200.0m) | (202.0m) | (270.0m) | (285.0m) | (152.0m) | (97.0m) | (49.0m) | (206.0m) |
Accounts Payable | 90.0m | 139.0m | 135.0m | 63.0m | 141.0m | 223.0m | 74.0m | 198.0m | 102.0m | (24.0m) | 60.0m | 35.0m | (87.0m) |
| USD | Y, 2020 |
|---|---|
EV/CFO | -183 x |
Financial Leverage | 3.7 x |
PPG Industries Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| 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 |
| Masterwork Paint | June 01, 2014 |
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 Online and Social Media Presence
26.21k Twitter followers
PPG Industries has 26.21k Twitter Followers. The number of followers has increased 0.6% month over month and increased 1% quarter over quarter
PPG Industries's Trends
Twitter Engagement Stats for @PPG
5.6k
Tweets
1k
Following
26.2k
Followers
32
Tweets last 30 days
9.9
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
May 20, 2020
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...
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...
September 26, 2019
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.
September 13, 2019
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
July 22, 2019
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...
PPG Industries Blogs
November 04, 2019
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…
November 04, 2019
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 …
November 04, 2019
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)
…
November 04, 2019
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: …
November 04, 2019
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…
November 04, 2019
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…
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.
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