PPG Industries Financial Ratios
NYSE: PPGConsumer DiscretionaryPaints/CoatingsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
PPG Industries ratio analysis
PPG Industries earned a net margin of 9.9% in FY 2025, up from 7.0% a year earlier. Gross margin was 41.3% compared with a median of 41.6% over the prior 9 years. Return on equity reached 19.8%, meaning PPG Industries generated 0.20 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.92 versus 0.86 the year before, and the current ratio was 1.62. At the end of FY 2025, PPG traded at 15.0 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 15.0 to 32.4, with a median of 26.4. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
PPG Industries financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 15.04 | 24.06 | 27.95 | 29.11 | 28.69 | 32.41 | 24.84 | 18.27 | 18.90 | 28.98 |
| Price / sales | 1.49 | 1.69 | 2.17 | 1.90 | 2.44 | 2.47 | 2.03 | 1.59 | 2.03 | 1.76 |
| Price / book | 2.97 | 3.94 | 4.51 | 4.50 | 6.52 | 6.00 | 5.81 | 5.26 | 5.38 | 5.21 |
| Gross margin | 41.3% | 41.6% | 40.4% | 36.1% | 38.8% | 43.8% | 42.9% | 41.5% | 44.3% | 46.3% |
| Operating margin | — | — | 16.5% | 13.1% | 12.9% | 15.2% | 15.0% | 13.8% | 15.5% | 16.7% |
| Net margin | 9.9% | 7.0% | 7.8% | 6.6% | 8.6% | 7.7% | 8.2% | 8.7% | 10.8% | 6.1% |
| Free cash flow margin | 7.3% | 4.4% | 11.7% | 3.1% | 7.1% | 13.2% | 11.0% | 6.9% | 8.2% | 6.8% |
| Return on equity (ROE) | 19.8% | 16.4% | 16.2% | 15.6% | 22.9% | 18.6% | 23.5% | 29.0% | 28.7% | 18.1% |
| Return on assets (ROA) | 7.1% | 5.7% | 5.9% | 4.9% | 6.7% | 5.4% | 7.0% | 8.4% | 9.6% | 5.5% |
| Debt / equity | 0.92 | 0.86 | 0.77 | 1.03 | 1.05 | 1.01 | 0.96 | 1.08 | 0.75 | 0.91 |
| Current ratio | 1.62 | 1.31 | 1.47 | 1.52 | 1.42 | 1.41 | 1.41 | 1.36 | 1.66 | 1.55 |
| Revenue growth | 0.2% | -2.4% | 4.0% | -7.1% | 21.5% | -8.7% | -1.5% | 4.2% | 3.3% | 0.2% |
| EPS growth | 46.1% | -11.2% | 23.8% | -28.1% | 35.1% | -14.8% | -4.6% | -11.5% | 89.0% | -36.4% |