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

PPG Industries market cap is $32.7 b, and annual revenue was $15.15 b in FY 2019

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+4.06 (+2.93%)

$32.7 B

PPG Mkt cap, 12-Feb-2021

$3.7 B

PPG Industries Revenue Q3, 2020

PPG Industries Gross profit (Q3, 2020)1.7 B

PPG Industries Gross profit margin (Q3, 2020), %45%

PPG Industries Net income (Q3, 2020)448 M

PPG Industries Cash, 30-Sept-20202 B

PPG Industries EV37.1 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, 2017	FY, 2018	FY, 2019
Revenue	14.8b	15.4b	15.1b
Revenue growth, %		4%	(1%)
Cost of goods sold	8.2b	9.0b	8.7b
Gross profit	6.5b	6.4b	6.5b
Gross profit Margin, %	44%	41%	43%
R&D expense	453.0m	441.0m	432.0m
General and administrative expense	3.6b	3.6b	3.6b
Operating expense total	4.5b	4.5b	4.5b
Depreciation and amortization	460.0m	497.0m	511.0m
Interest expense	105.0m	118.0m	132.0m
Interest income	20.0m	23.0m	32.0m
Pre tax profit	2.0b	1.7b	1.7b
Income tax expense	616.0m	353.0m	392.0m
Net Income	1.6b	1.4b	1.2b
EPS	6.2	5.5	5.2

Quarterly

USD	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Revenue	3.8b	4.1b	3.8b	3.6b	4.0b	3.8b	3.4b	3.0b	3.7b
Cost of goods sold	2.2b	2.4b	2.3b	2.1b	2.3b	2.2b	1.9b	1.7b	2.0b
Gross profit	1.6b	1.8b	1.6b	1.6b	1.7b	1.6b	1.5b	1.3b	1.7b
Gross profit Margin, %	42%	42%	41%	43%	43%	43%	44%	44%	45%
R&D expense	112.0m	114.0m	110.0m	105.0m	111.0m	107.0m	101.0m	86.0m	92.0m
General and administrative expense	906.0m	945.0m	867.0m	889.0m	934.0m	887.0m	905.0m	766.0m	836.0m
Operating expense total	1.1b	1.2b	1.3b	1.1b	1.2b	1.1b	1.1b	975.0m	1.1b
Depreciation and amortization	123.0m	125.0m	122.0m	118.0m	126.0m	133.0m	129.0m	123.0m	132.0m
Interest expense	26.0m	31.0m	31.0m	31.0m	35.0m	33.0m	32.0m	41.0m	34.0m
Interest income	5.0m	7.0m	6.0m	6.0m	7.0m	10.0m	9.0m	5.0m	4.0m
Pre tax profit	421.0m	479.0m	451.0m	419.0m	363.0m	481.0m	319.0m	126.0m	572.0m
Income tax expense	87.0m	104.0m	79.0m	102.0m	86.0m	109.0m	71.0m	29.0m	124.0m
Net Income	340.0m	375.0m	382.0m	317.0m	279.0m	373.0m	248.0m	100.0m	448.0m
EPS	1.3	1.5	1.6	1.3	1.1	1.5	1.0	0.4	1.9

Annual

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

Quarterly

USD	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Cash	1.3b	1.0b	1.1b	784.0m	963.0m	1.4b	1.9b	2.3b	2.0b
Accounts Receivable	3.3b	3.4b	3.2b	3.2b	3.3b	3.0b	2.8b	2.7b	2.8b
Inventories	2.0b	2.0b	2.0b	2.0b	1.9b	1.9b	1.9b	1.7b	1.7b
Current Assets	7.1b	6.9b	6.7b	6.4b	6.7b	6.8b	7.1b	7.1b	7.0b
PP&E	2.9b	2.7b	2.7b	2.9b	2.9b	2.9b	2.9b	2.9b	2.9b
Goodwill	4.1b	3.9b	3.9b	4.1b	4.3b	4.3b	4.2b	4.3b	4.4b
Total Assets	17.5b	16.8b	16.7b	17.4b	18.0b	18.1b	18.1b	18.2b	18.3b
Accounts Payable	3.9b	3.9b	3.8b	3.7b	3.7b	3.6b	3.4b	3.1b	3.5b
Short-term debt	19.0m	22.0m	15.0m	821.0m	821.0m	801.0m	1.6b	1.9b	849.0m
Current Liabilities	4.0b	4.0b	3.9b	4.6b	4.7b	4.6b	5.2b	5.2b	4.6b
Long-term debt	5.2b	5.0b	5.0b	5.9b	5.4b	5.5b	5.4b	5.3b	5.5b
Total Debt	5.2b	5.1b	5.0b	6.7b	6.2b	6.3b	7.0b	7.1b	6.3b
Total Liabilities	12.1b	11.8b	11.6b	12.4b	12.8b	12.7b	13.2b	13.2b	12.9b
Common Stock	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m	969.0m
Additional Paid-in Capital	761.0m	769.0m	772.0m	899.0m	913.0m	925.0m	954.0m	962.0m	980.0m
Retained Earnings	17.5b	17.7b	18.0b	18.3b	18.5b	18.7b	19.0b	19.0b	19.3b
Total Equity	5.5b	5.0b	5.1b	5.0b	5.2b	5.4b	4.8b	4.9b	5.4b
Debt to Equity Ratio	1 x	1 x	1 x	1.3 x	1.2 x	1.2 x	1.4 x	1.4 x	1.2 x
Debt to Assets Ratio	0.3 x	0.3 x	0.3 x	0.4 x	0.3 x	0.3 x	0.4 x	0.4 x	0.3 x
Financial Leverage	3.2 x	3.4 x	3.3 x	3.5 x	3.5 x	3.4 x	3.7 x	3.7 x	3.4 x

Annual

USD	FY, 2017	FY, 2018	FY, 2019
Net Income	1.6b	1.4b	1.3b
Depreciation and Amortization	460.0m	497.0m	511.0m
Accounts Receivable	(76.0m)	(69.0m)	121.0m
Inventories	(116.0m)	(109.0m)	145.0m
Accounts Payable	188.0m	(76.0m)	(63.0m)
Cash From Operating Activities	1.6b	1.5b	2.1b
Capital Expenditures	(360.0m)	(411.0m)	(413.0m)
Cash From Investing Activities	(67.0m)	(764.0m)	(1.0b)
Short-term Borrowings	(39.0m)	(3.0m)
Long-term Borrowings	(7.0m)	(6.0m)	(660.0m)
Dividends Paid	(434.0m)	(453.0m)	(468.0m)
Cash From Financing Activities	(2.0b)	(1.2b)	(758.0m)
Net Change in Cash	(384.0m)	(534.0m)	314.0m
Interest Paid	100.0m	108.0m	127.0m
Income Taxes Paid	648.0m	380.0m	348.0m
Free Cash Flow	1.2b	1.1b	1.7b

Quarterly

USD	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Net Income	340.0m	715.0m	1.1b	317.0m	594.0m	969.0m	248.0m	345.0m	796.0m
Depreciation and Amortization	123.0m	248.0m	370.0m	118.0m	244.0m	377.0m	129.0m	320.0m	384.0m
Accounts Receivable	(373.0m)	(626.0m)	(419.0m)	(299.0m)	(431.0m)	(188.0m)	(58.0m)	92.0m	(63.0m)
Inventories	(202.0m)	(270.0m)	(285.0m)	(152.0m)	(97.0m)	(49.0m)	(206.0m)	(29.0m)	36.0m
Accounts Payable	74.0m	198.0m	102.0m	(24.0m)	60.0m	35.0m	(87.0m)	(347.0m)	(23.0m)
Cash From Operating Activities	(228.0m)	131.0m	667.0m	(66.0m)	482.0m	1.3b	(159.0m)	322.0m	1.2b
Capital Expenditures	(75.0m)	(118.0m)	(226.0m)	(47.0m)	(133.0m)	(224.0m)	(37.0m)	(92.0m)	(170.0m)
Cash From Investing Activities	(178.0m)	(217.0m)	667.0m	(86.0m)	(457.0m)	(748.0m)	(59.0m)	(111.0m)	(191.0m)
Short-term Borrowings								(807.0m)	(807.0m)
Long-term Borrowings	(1.0m)	(4.0m)	(5.0m)	(1.0m)	(25.0m)	(3.0m)	(13.0m)	(515.0m)	(1.5b)
Dividends Paid	(112.0m)	(222.0m)	(338.0m)	(113.0m)	(227.0m)	(347.0m)	(120.0m)	(241.0m)	(368.0m)
Cash From Financing Activities	295.0m	(305.0m)	(670.0m)	32.0m	32.0m	41.0m	1.0b	927.0m	(105.0m)
Net Change in Cash	(90.0m)	(416.0m)	(333.0m)	(118.0m)	61.0m	530.0m	670.0m	1.0b	792.0m
Interest Paid	24.0m	53.0m	68.0m	40.0m	68.0m	93.0m	48.0m	82.0m	121.0m
Income Taxes Paid	118.0m	234.0m	320.0m	94.0m	194.0m	282.0m	90.0m	187.0m	293.0m
Free Cash Flow	(303.0m)	13.0m	441.0m	(113.0m)	349.0m	1.0b	(196.0m)	230.0m	994.0m

USD	FY, 2017
Revenue/Employee	312.5k
Debt/Equity	0.7 x
Debt/Assets	0.3 x
Financial Leverage	2.9 x

	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

	FY, 2019
Сorporate Сontributions	$11.80 m
Water Withdrawn	17.51 m cubic meters
Water Consumed Intensity	4.46 cubic meters per metric ton of production
Water Consumed	9.39 m cubic meters
Waste Disposed Intensity	2.51 metric tons per 100 metric tons of production
Waste Disposed	98.40 k metric tons
Volunteer Hours	36 k
Total Spills and Releases per 1000 employees	1.25
Total Greenhouse Gas Emissions	870 k metric tons of carbon dioxide equivalent
Sales from Sustainably Advantaged Products, percent	33%
Number of Fatalities	0
Nonhazardous Waste Recycled, percent	32%
Nonhazardous Waste Generated	71.87 k metric tons
Hazardous Waste Recycled, percent	48%
Hazardous Waste Generated	95.31 k metric tons
Greenhouse Gas Emissions Intensity (Scope 2)	0.13 metric tons of carbon dioxide equivalent per metric ton of production
Greenhouse Gas Emissions Intensity (Scope 1)	0.10 metric tons of carbon dioxide equivalent per metric ton of production
Greenhouse Gas Emissions Intensity	0.22 metric tons of carbon dioxide equivalent per metric ton of production
Energy Used Intensity (Indirect)	1.32 GJ per metric ton of production
Energy Used Intensity (Direct)	1.88 GJ per metric ton of production
Energy Use Intensity	3.20 GJ per metric ton of production
Energy Consumption	12.58 m GJ

Job Roles

	FY, 2019	FY, 2018	FY, 2017
Female (Management), percent	25 %	23.5 %	22.9 %
Male (Management), percent	75 %	76.5 %	77.1 %

Source: sustainability.ppg.com

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 %	10.2 %
Male (Europe, Middle East and Africa), percent	22.1 %	23.7 %	23 %
Female (Europe, Middle East and Africa), percent	8.9 %	9.1 %	8.5 %
Male (Asia Pacific), percent	10.1 %	12.2 %	11.9 %
Male (North America), percent	27 %	28.1 %	27.8 %
Other	6.4 %	6.5 %	9.5 %