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

PPG Industries market cap is $24 b, and annual revenue was $15.15 b in FY 2019

$24 B

PPG Mkt cap, 29-May-2020

$3.4 B

PPG Industries Revenue Q1, 2020
PPG Industries Gross profit (Q1, 2020)1.5 B
PPG Industries Gross profit margin (Q1, 2020), %43.5%
PPG Industries Net income (Q1, 2020)248 M
PPG Industries Cash, 31-Mar-20201.9 B
PPG Industries EV29.1 B

PPG Industries Revenue

PPG Industries revenue was $15.15 b in FY, 2019 which is a 1.5% 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: 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 Income Statement

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

Gross profit Margin, %

45%44%41%43%

R&D expense

466.0m453.0m441.0m432.0m

General and administrative expense

3.7b3.6b3.6b3.6b

Operating expense total

4.6b4.5b4.5b4.0b

Depreciation and amortization

462.0m460.0m497.0m511.0m

Interest expense

125.0m105.0m118.0m132.0m

Interest income

26.0m20.0m23.0m32.0m

Pre tax profit

827.0m2.0b1.7b1.7b

Income tax expense

241.0m616.0m353.0m392.0m

Net Income

877.0m1.6b1.3b1.2b

EPS

3.36.25.55.2

PPG Industries Balance Sheet

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

PP&E

2.8b2.8b2.8b3.0b

Goodwill

3.6b3.9b4.1b4.5b

Total Assets

15.8b16.5b16.0b17.7b

Accounts Payable

3.5b3.8b3.6b3.5b

Short-term debt

629.0m12.0m651.0m683.0m

Current Liabilities

4.2b3.9b4.4b4.4b

Long-term debt

3.8b4.1b4.4b5.2b

Total Debt

4.4b4.1b5.0b5.8b

Total Liabilities

10.9b10.9b11.3b12.3b

Common Stock

969.0m969.0m969.0m969.0m

Additional Paid-in Capital

701.0m756.0m788.0m950.0m

Retained Earnings

16.0b17.1b18.1b18.9b

Total Equity

4.9b5.7b4.7b5.4b

Debt to Equity Ratio

0.9 x0.7 x1.1 x1.1 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x0.3 x

Financial Leverage

3.2 x2.9 x3.4 x3.3 x

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

PP&E

3.0b3.0b2.9b2.8b2.7b2.7b2.9b2.7b2.7b2.9b2.9b2.9b2.9b

Goodwill

3.7b3.6b3.7b3.7b3.8b3.9b4.1b3.9b3.9b4.1b4.3b4.3b4.2b

Total Assets

17.3b17.2b16.5b16.2b17.0b17.6b17.5b16.8b16.7b17.4b18.0b18.1b18.1b

Accounts Payable

3.6b3.6b3.6b3.6b3.7b3.9b3.9b3.9b3.8b3.7b3.7b3.6b3.4b

Short-term debt

38.0m686.0m652.0m604.0m619.0m616.0m19.0m22.0m15.0m821.0m821.0m801.0m1.6b

Current Liabilities

4.6b4.4b4.5b4.3b4.4b4.6b4.0b4.0b3.9b4.6b4.7b4.6b5.2b

Long-term debt

4.2b4.4b3.8b3.8b4.0b4.1b5.2b5.0b5.0b5.9b5.4b5.5b5.4b

Total Debt

4.3b5.1b4.4b4.4b4.6b4.7b5.2b5.1b5.0b6.7b6.2b6.3b7.0b

Total Liabilities

12.1b11.8b11.4b10.9b11.2b11.6b12.1b11.8b11.6b12.4b12.8b12.7b13.2b

Common Stock

969.0m969.0m969.0m969.0m969.0m969.0m969.0m969.0m969.0m969.0m969.0m969.0m969.0m

Additional Paid-in Capital

648.0m668.0m683.0m711.0m723.0m745.0m761.0m769.0m772.0m899.0m913.0m925.0m954.0m

Retained Earnings

15.8b16.0b15.7b16.2b16.6b17.1b17.5b17.7b18.0b18.3b18.5b18.7b19.0b

Total Equity

5.2b5.4b5.1b5.3b5.7b6.0b5.5b5.0b5.1b5.0b5.2b5.4b4.8b

Debt to Equity Ratio

0.8 x0.9 x0.9 x0.8 x0.8 x0.8 x1 x1 x1 x1.3 x1.2 x1.2 x

Debt to Assets Ratio

0.2 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.4 x0.3 x0.3 x

Financial Leverage

3.3 x3.2 x3.2 x3.1 x3 x2.9 x3.2 x3.4 x3.3 x3.5 x3.5 x3.4 x3.7 x

PPG Industries Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

895.0m1.6b1.4b1.3b

Depreciation and Amortization

440.0m460.0m497.0m511.0m

Accounts Receivable

(68.0m)(76.0m)(69.0m)121.0m

Inventories

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

Accounts Payable

169.0m188.0m(76.0m)(63.0m)

Cash From Operating Activities

1.4b1.6b1.5b2.1b

Purchases of PP&E

(380.0m)(360.0m)(411.0m)(413.0m)

Cash From Investing Activities

436.0m(67.0m)(764.0m)(1.0b)

Short-term Borrowings

(376.0m)(100.0m)(3.0m)106.0m

Long-term Borrowings

(379.0m)(588.0m)(6.0m)(660.0m)

Dividends Paid

(414.0m)(434.0m)(453.0m)(468.0m)

Cash From Financing Activities

(1.2b)(2.0b)(1.2b)(758.0m)

Net Change in Cash

509.0m(384.0m)(534.0m)314.0m

Interest Paid

118.0m100.0m108.0m127.0m

Income Taxes Paid

349.0m648.0m380.0m348.0m

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

354.0m730.0m551.0m339.0m845.0m1.5b340.0m715.0m1.1b317.0m594.0m969.0m248.0m

Depreciation and Amortization

121.0m242.0m349.0m114.0m223.0m340.0m123.0m248.0m370.0m118.0m244.0m377.0m165.0m

Accounts Receivable

(269.0m)(368.0m)(250.0m)(302.0m)(406.0m)(350.0m)(373.0m)(626.0m)(419.0m)(299.0m)(431.0m)(188.0m)(58.0m)

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

90.0m139.0m135.0m63.0m141.0m223.0m74.0m198.0m102.0m(24.0m)60.0m35.0m(87.0m)

Cash From Operating Activities

59.0m(25.0m)667.0m9.0m434.0m1.0b(228.0m)131.0m667.0m(66.0m)482.0m1.3b(159.0m)

Purchases of PP&E

(77.0m)(168.0m)(258.0m)(64.0m)(135.0m)(207.0m)(75.0m)(118.0m)(226.0m)(47.0m)(133.0m)(224.0m)(37.0m)

Cash From Investing Activities

(63.0m)(53.0m)(445.0m)(138.0m)(261.0m)216.0m(178.0m)(217.0m)667.0m(86.0m)(457.0m)(748.0m)(59.0m)

Long-term Borrowings

(251.0m)(252.0m)(254.0m)(7.0m)(8.0m)(9.0m)(1.0m)(3.0m)(5.0m)(1.0m)(2.0m)(3.0m)(6.0m)

Dividends Paid

(96.0m)(203.0m)(309.0m)(103.0m)(205.0m)(321.0m)(112.0m)(222.0m)(338.0m)(113.0m)(227.0m)(347.0m)(120.0m)

Cash From Financing Activities

(409.0m)389.0m(667.0m)(372.0m)(490.0m)(851.0m)295.0m(305.0m)(670.0m)32.0m32.0m41.0m1.0b

Net Change in Cash

(402.0m)294.0m(382.0m)(471.0m)(251.0m)467.0m(90.0m)(416.0m)(333.0m)(118.0m)61.0m530.0m670.0m

Interest Paid

33.0m63.0m80.0m23.0m52.0m60.0m24.0m53.0m68.0m40.0m68.0m93.0m48.0m

Income Taxes Paid

108.0m185.0m276.0m90.0m326.0m481.0m118.0m234.0m320.0m94.0m194.0m282.0m90.0m

PPG Industries Ratios

USDY, 2020

EV/CFO

-183 x

Financial Leverage

3.7 x

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

Manufacturing Facilities (Latin America)

18 14 14

Countries

40 39 39