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

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+12.28 (+12.08%)

$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

Annual

USD	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Revenue	14.8b	14.8b	15.4b	15.1b
Revenue growth, %		0%	4%	(1%)
Cost of goods sold	8.1b	8.2b	9.0b	8.7b
Gross profit	6.7b	6.5b	6.4b	6.5b
Gross profit Margin, %	45%	44%	41%	43%
R&D expense	466.0m	453.0m	441.0m	432.0m
General and administrative expense	3.7b	3.6b	3.6b	3.6b
Operating expense total	4.6b	4.5b	4.5b	4.0b
Depreciation and amortization	462.0m	460.0m	497.0m	511.0m
Interest expense	125.0m	105.0m	118.0m	132.0m
Interest income	26.0m	20.0m	23.0m	32.0m
Pre tax profit	827.0m	2.0b	1.7b	1.7b
Income tax expense	241.0m	616.0m	353.0m	392.0m
Net Income	877.0m	1.6b	1.3b	1.2b
EPS	3.3	6.2	5.5	5.2

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%
R&D expense	118.0m	119.0m	117.0m	110.0m	113.0m	114.0m	112.0m	114.0m	110.0m	105.0m	111.0m	107.0m	101.0m
General and administrative expense	919.0m	956.0m	899.0m	896.0m	865.0m	905.0m	906.0m	945.0m	867.0m	889.0m	934.0m	887.0m	905.0m
Operating expense total	1.2b	1.2b	1.1b	1.1b	1.1b	1.1b	1.1b	1.2b	1.1b	1.1b	1.2b	1.1b	1.0b
Depreciation and amortization	121.0m	121.0m	119.0m	114.0m	113.0m	117.0m	123.0m	125.0m	122.0m	118.0m	126.0m	133.0m	129.0m
Interest expense	31.0m	31.0m	34.0m	25.0m	26.0m	27.0m	26.0m	31.0m	31.0m	31.0m	35.0m	33.0m	32.0m
Interest income	7.0m	7.0m	6.0m	4.0m	4.0m	5.0m	5.0m	7.0m	6.0m	6.0m	7.0m	10.0m
Pre tax profit	471.0m	673.0m	(413.0m)	448.0m	671.0m	521.0m	421.0m	479.0m	451.0m	419.0m	363.0m	481.0m	319.0m
Income tax expense	117.0m	297.0m	(217.0m)	109.0m	162.0m	123.0m	87.0m	104.0m	79.0m	102.0m	86.0m	109.0m	71.0m
Net Income	347.0m	370.0m	(184.0m)	334.0m	501.0m	609.0m	334.0m	371.0m	378.0m	312.0m	277.0m	367.0m	248.0m

Annual

USD	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Cash	1.8b	1.4b	902.0m	1.2b
Accounts Receivable	2.7b	2.9b	2.8b	2.8b
Inventories	1.5b	1.7b	1.8b	1.7b
Current Assets	6.5b	6.5b	6.0b	6.2b
PP&E	2.8b	2.8b	2.8b	3.0b
Goodwill	3.6b	3.9b	4.1b	4.5b
Total Assets	15.8b	16.5b	16.0b	17.7b
Accounts Payable	3.5b	3.8b	3.6b	3.5b
Short-term debt	629.0m	12.0m	651.0m	683.0m
Current Liabilities	4.2b	3.9b	4.4b	4.4b
Long-term debt	3.8b	4.1b	4.4b	5.2b
Total Debt	4.4b	4.1b	5.0b	5.8b
Total Liabilities	10.9b	10.9b	11.3b	12.3b
Common Stock	969.0m	969.0m	969.0m	969.0m
Additional Paid-in Capital	701.0m	756.0m	788.0m	950.0m
Retained Earnings	16.0b	17.1b	18.1b	18.9b
Total Equity	4.9b	5.7b	4.7b	5.4b
Debt to Equity Ratio	0.9 x	0.7 x	1.1 x	1.1 x
Debt to Assets Ratio	0.3 x	0.3 x	0.3 x	0.3 x
Financial Leverage	3.2 x	2.9 x	3.4 x	3.3 x

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
PP&E	3.0b	3.0b	2.9b	2.8b	2.7b	2.7b	2.9b	2.7b	2.7b	2.9b	2.9b	2.9b	2.9b
Goodwill	3.7b	3.6b	3.7b	3.7b	3.8b	3.9b	4.1b	3.9b	3.9b	4.1b	4.3b	4.3b	4.2b
Total Assets	17.3b	17.2b	16.5b	16.2b	17.0b	17.6b	17.5b	16.8b	16.7b	17.4b	18.0b	18.1b	18.1b
Accounts Payable	3.6b	3.6b	3.6b	3.6b	3.7b	3.9b	3.9b	3.9b	3.8b	3.7b	3.7b	3.6b	3.4b
Short-term debt	38.0m	686.0m	652.0m	604.0m	619.0m	616.0m	19.0m	22.0m	15.0m	821.0m	821.0m	801.0m	1.6b
Current Liabilities	4.6b	4.4b	4.5b	4.3b	4.4b	4.6b	4.0b	4.0b	3.9b	4.6b	4.7b	4.6b	5.2b
Long-term debt	4.2b	4.4b	3.8b	3.8b	4.0b	4.1b	5.2b	5.0b	5.0b	5.9b	5.4b	5.5b	5.4b
Total Debt	4.3b	5.1b	4.4b	4.4b	4.6b	4.7b	5.2b	5.1b	5.0b	6.7b	6.2b	6.3b	7.0b
Total Liabilities	12.1b	11.8b	11.4b	10.9b	11.2b	11.6b	12.1b	11.8b	11.6b	12.4b	12.8b	12.7b	13.2b
Common Stock	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m
Additional Paid-in Capital	648.0m	668.0m	683.0m	711.0m	723.0m	745.0m	761.0m	769.0m	772.0m	899.0m	913.0m	925.0m	954.0m
Retained Earnings	15.8b	16.0b	15.7b	16.2b	16.6b	17.1b	17.5b	17.7b	18.0b	18.3b	18.5b	18.7b	19.0b
Total Equity	5.2b	5.4b	5.1b	5.3b	5.7b	6.0b	5.5b	5.0b	5.1b	5.0b	5.2b	5.4b	4.8b
Debt to Equity Ratio	0.8 x	0.9 x	0.9 x	0.8 x	0.8 x	0.8 x	1 x	1 x	1 x	1.3 x	1.2 x	1.2 x
Debt to Assets Ratio	0.2 x	0.3 x	0.3 x	0.3 x	0.3 x	0.3 x	0.3 x	0.3 x	0.3 x	0.4 x	0.3 x	0.3 x
Financial Leverage	3.3 x	3.2 x	3.2 x	3.1 x	3 x	2.9 x	3.2 x	3.4 x	3.3 x	3.5 x	3.5 x	3.4 x	3.7 x

Annual

USD	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Net Income	895.0m	1.6b	1.4b	1.3b
Depreciation and Amortization	440.0m	460.0m	497.0m	511.0m
Accounts Receivable	(68.0m)	(76.0m)	(69.0m)	121.0m
Inventories	56.0m	(116.0m)	(109.0m)	145.0m
Accounts Payable	169.0m	188.0m	(76.0m)	(63.0m)
Cash From Operating Activities	1.4b	1.6b	1.5b	2.1b
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	118.0m	100.0m	108.0m	127.0m
Income Taxes Paid	349.0m	648.0m	380.0m	348.0m

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
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	90.0m	139.0m	135.0m	63.0m	141.0m	223.0m	74.0m	198.0m	102.0m	(24.0m)	60.0m	35.0m	(87.0m)
Cash From Operating Activities	59.0m	(25.0m)	667.0m	9.0m	434.0m	1.0b	(228.0m)	131.0m	667.0m	(66.0m)	482.0m	1.3b	(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)	32.0m	32.0m	41.0m	1.0b
Net Change in Cash	(402.0m)	294.0m	(382.0m)	(471.0m)	(251.0m)	467.0m	(90.0m)	(416.0m)	(333.0m)	(118.0m)	61.0m	530.0m	670.0m
Interest Paid	33.0m	63.0m	80.0m	23.0m	52.0m	60.0m	24.0m	53.0m	68.0m	40.0m	68.0m	93.0m	48.0m
Income Taxes Paid	108.0m	185.0m	276.0m	90.0m	326.0m	481.0m	118.0m	234.0m	320.0m	94.0m	194.0m	282.0m	90.0m

USD	Y, 2020
EV/CFO	-183 x
Financial Leverage	3.7 x

	FY, 2016	FY, 2017	FY, 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