PPG Industries (PPG) stock price, revenue, and financials

PPG Industries market cap is $37.9 b, and annual revenue was $13.83 b in FY 2020

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+3.18(+1.97%)

$37.9 B

PPG Mkt cap, 12-Nov-2021

$4.4 B

PPG Industries Revenue Q3, 2021

PPG Industries Gross profit (Q3, 2021)1.6 B

PPG Industries Gross profit margin (Q3, 2021), %37.5%

PPG Industries Net income (Q3, 2021)345 M

PPG Industries Cash, 30-Sept-20211.2 B

PPG Industries EV44.4 B

PPG Industries Revenue

PPG Industries revenue was $13.83 b in FY, 2020 which is a 8.7% year over year decrease from the previous period.

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PPG Industries Revenue Breakdown

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PPG Industries revenue breakdown by business segment: 38.6% from Industrial Coatings and 61.4% from Performance Coatings

PPG Industries revenue breakdown by geographic segment: 10.2% from Latin America, 31.3% from Europe, Middle East and Africa, 41.0% from United States and Canada and 17.6% from Asia Pacific

Annual

USD	FY, 2018	FY, 2019	FY, 2020
Revenue	15.4b	15.1b	13.8b
Revenue growth, %	4%	(1%)	(9%)
Cost of goods sold	9.0b	8.7b	7.8b
Gross profit	6.4b	6.5b	6.1b
Gross profit Margin, %	41%	43%	44%
R&D expense	441.0m	432.0m	379.0m
General and administrative expense	3.6b	3.6b	3.4b
Operating expense total	4.7b	4.8b	4.6b
Depreciation and amortization	497.0m	511.0m	509.0m
Interest expense	118.0m	132.0m	138.0m
Interest income	23.0m	32.0m	23.0m
Pre tax profit	1.7b	1.7b	1.4b
Income tax expense	353.0m	392.0m	291.0m
Net Income	1.4b	1.2b	1.1b
EPS	5.5	5.2	4.5

Quarterly

USD	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021
Revenue	3.6b	4.0b	3.8b	3.4b	3.0b	3.7b	3.9b	4.4b	4.4b
Cost of goods sold	2.1b	2.3b	2.2b	1.9b	1.7b	2.0b	2.2b	2.6b	2.7b
Gross profit	1.6b	1.7b	1.6b	1.5b	1.3b	1.7b	1.6b	1.7b	1.6b
Gross profit Margin, %	43%	43%	43%	44%	44%	45%	42%	40%	37%
R&D expense	105.0m	111.0m	107.0m	101.0m	86.0m	92.0m	102.0m	107.0m	114.0m
General and administrative expense	889.0m	934.0m	887.0m	905.0m	766.0m	836.0m	891.0m	955.0m	950.0m
Operating expense total	1.1b	1.4b	1.2b	1.1b	1.2b	1.1b	1.1b	1.2b	1.2b
Depreciation and amortization	118.0m	126.0m	133.0m	129.0m	123.0m	132.0m	129.0m	137.0m	146.0m
Interest expense	31.0m	35.0m	33.0m	32.0m	41.0m	34.0m	30.0m	31.0m	30.0m
Interest income	6.0m	7.0m	10.0m	9.0m	5.0m	4.0m	6.0m	6.0m	7.0m
Pre tax profit	419.0m	363.0m	481.0m	319.0m	126.0m	572.0m	499.0m	593.0m	441.0m
Income tax expense	102.0m	86.0m	109.0m	71.0m	29.0m	124.0m	114.0m	160.0m	96.0m
Net Income	317.0m	279.0m	373.0m	248.0m	100.0m	448.0m	385.0m	433.0m	345.0m
EPS	1.3	1.1	1.5	1.0	0.4	1.9	1.6	1.8	1.4

Annual

USD	FY, 2018	FY, 2019	FY, 2020
Cash	902.0m	1.2b	1.8b
Accounts Receivable	2.8b	2.8b	2.7b
Inventories	1.8b	1.7b	1.7b
Current Assets	6.0b	6.2b	6.8b
PP&E	2.8b	3.0b	3.1b
Goodwill	4.1b	4.5b	5.1b
Total Assets	16.0b	17.7b	19.6b
Accounts Payable	3.6b	3.5b	3.8b
Short-term debt	651.0m	683.0m	758.0m
Current Liabilities	4.4b	4.4b	4.8b
Long-term debt	4.4b	5.2b	5.8b
Total Debt	5.0b	5.8b	6.6b
Total Liabilities	11.3b	12.3b	13.7b
Common Stock	969.0m	969.0m	969.0m
Additional Paid-in Capital	788.0m	950.0m	1.0b
Retained Earnings	18.1b	18.9b	19.5b
Total Equity	4.7b	5.4b	5.8b
Debt to Equity Ratio	1.1 x	1.1 x	1.1 x
Debt to Assets Ratio	0.3 x	0.3 x	0.3 x
Financial Leverage	3.4 x	3.3 x	3.4 x

Quarterly

USD	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021
Cash	784.0m	963.0m	1.4b	1.9b	2.3b	2.0b	1.8b	1.2b	1.2b
Accounts Receivable	3.2b	3.3b	3.0b	2.8b	2.7b	2.8b	3.0b	3.5b	3.4b
Inventories	2.0b	1.9b	1.9b	1.9b	1.7b	1.7b	1.9b	2.2b	2.2b
Current Assets	6.4b	6.7b	6.8b	7.1b	7.1b	7.0b	7.3b	7.4b	7.3b
PP&E	2.9b	2.9b	2.9b	2.9b	2.9b	2.9b	3.1b	3.4b	3.4b
Goodwill	4.1b	4.3b	4.3b	4.2b	4.3b	4.4b	5.2b	6.2b	6.2b
Total Assets	17.4b	18.0b	18.1b	18.1b	18.2b	18.3b	20.1b	22.4b	21.9b
Accounts Payable	3.7b	3.7b	3.6b	3.4b	3.1b	3.5b	3.8b	4.3b	4.4b
Short-term debt	821.0m	821.0m	801.0m	1.6b	1.9b	849.0m	1.1b	964.0m	898.0m
Current Liabilities	4.6b	4.7b	4.6b	5.2b	5.2b	4.6b	5.1b	5.5b	5.5b
Long-term debt	5.9b	5.4b	5.5b	5.4b	5.3b	5.5b	6.0b	7.1b	6.8b
Total Debt	6.7b	6.2b	6.3b	7.0b	7.1b	6.3b	7.1b	8.1b	7.7b
Total Liabilities	12.4b	12.8b	12.7b	13.2b	13.2b	12.9b	14.2b	15.9b	15.5b
Common Stock	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m
Additional Paid-in Capital	899.0m	913.0m	925.0m	954.0m	962.0m	980.0m	1.0b	1.1b	1.1b
Retained Earnings	18.3b	18.5b	18.7b	19.0b	19.0b	19.3b	19.7b	20.0b	20.2b
Total Equity	5.0b	5.2b	5.4b	4.8b	4.9b	5.4b	6.0b	6.4b	6.4b
Debt to Equity Ratio	1.3 x	1.2 x	1.2 x	1.4 x	1.4 x	1.2 x	1.2 x	1.3 x	1.2 x
Debt to Assets Ratio	0.4 x	0.3 x	0.3 x	0.4 x	0.4 x	0.3 x	0.4 x	0.4 x	0.4 x
Financial Leverage	3.5 x	3.5 x	3.4 x	3.7 x	3.7 x	3.4 x	3.4 x	3.5 x	3.4 x

Annual

USD	FY, 2018	FY, 2019	FY, 2020
Net Income	1.4b	1.3b	1.1b
Depreciation and Amortization	497.0m	511.0m	509.0m
Accounts Receivable	(69.0m)	121.0m	187.0m
Inventories	(109.0m)	145.0m	111.0m
Accounts Payable	(76.0m)	(63.0m)	127.0m
Cash From Operating Activities	1.5b	2.1b	2.1b
Capital Expenditures	(411.0m)	(413.0m)	(304.0m)
Cash From Investing Activities	(764.0m)	(1.0b)	(1.4b)
Short-term Borrowings	(3.0m)		(806.0m)
Long-term Borrowings	(6.0m)	(660.0m)	(1.6b)
Dividends Paid	(453.0m)	(468.0m)	(496.0m)
Cash From Financing Activities	(1.2b)	(758.0m)	(59.0m)
Net Change in Cash	(534.0m)	314.0m	610.0m
Interest Paid	108.0m	127.0m	153.0m
Income Taxes Paid	380.0m	348.0m	367.0m
Free Cash Flow	1.1b	1.7b	1.8b

Quarterly

USD	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021
Net Income	317.0m	594.0m	969.0m	248.0m	345.0m	796.0m	385.0m	818.0m	1.2b
Depreciation and Amortization	118.0m	244.0m	377.0m	129.0m	320.0m	384.0m	219.0m	266.0m	412.0m
Accounts Receivable	(299.0m)	(431.0m)	(188.0m)	(58.0m)	92.0m	(63.0m)	(354.0m)	(480.0m)	(376.0m)
Inventories	(152.0m)	(97.0m)	(49.0m)	(206.0m)	(29.0m)	36.0m	(189.0m)	(280.0m)	(334.0m)
Accounts Payable	(24.0m)	60.0m	35.0m	(87.0m)	(347.0m)	(23.0m)	110.0m	392.0m	423.0m
Cash From Operating Activities	(66.0m)	482.0m	1.3b	(159.0m)	322.0m	1.2b	(23.0m)	581.0m	1.1b
Capital Expenditures	(47.0m)	(133.0m)	(224.0m)	(37.0m)	(92.0m)	(170.0m)	(80.0m)	(142.0m)	(220.0m)
Cash From Investing Activities	(86.0m)	(457.0m)	(748.0m)	(59.0m)	(111.0m)	(191.0m)	(424.0m)	(2.2b)	(2.3b)
Short-term Borrowings					(807.0m)	(807.0m)
Long-term Borrowings	(1.0m)	(25.0m)	(3.0m)	(13.0m)	(515.0m)	(1.5b)	(404.0m)	(658.0m)	(780.0m)
Dividends Paid	(113.0m)	(227.0m)	(347.0m)	(120.0m)	(241.0m)	(368.0m)	(128.0m)	(256.0m)	(396.0m)
Cash From Financing Activities	32.0m	32.0m	41.0m	1.0b	927.0m	(105.0m)	469.0m	1.1b	606.0m
Net Change in Cash	(118.0m)	61.0m	530.0m	670.0m	1.0b	792.0m	(18.0m)	(631.0m)	(610.0m)
Interest Paid	40.0m	68.0m	93.0m	48.0m	82.0m	121.0m	52.0m	69.0m	110.0m
Income Taxes Paid	94.0m	194.0m	282.0m	90.0m	187.0m	293.0m	97.0m	276.0m	376.0m
Free Cash Flow	(113.0m)	349.0m	1.0b	(196.0m)	230.0m	994.0m	(103.0m)	439.0m	886.0m

USD	FY, 2018
EV/CFO	19.2 x
EV/FCF	26.7 x
Revenue/Employee	325.0k
Debt/Equity	1.1 x
Debt/Assets	0.3 x
Financial Leverage	3.4 x
P/E Ratio	18.7

	FY, 2016	FY, 2017	FY, 2018	Jan, 2021
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
Manufacturing Facilities (Latin America)	18	14	14
Countries	40	39	39	70

Gender

	FY, 2019	FY, 2018	FY, 2017
Female (North America), percent	15.6%	9.7%	9.2%
Male (Latin America), percent	9.9%	10.8%	10.1%
Male (Europe, Middle East and Africa), percent	22.1%	23.6%	22.9%
Female (Europe, Middle East and Africa), percent	8.9%	9%	8.5%
Male (Asia Pacific), percent	10.1%	12.1%	11.8%
Male (North America), percent	26.9%	28%	27.7%
Other	6.6%	6.7%	9.7%