Ppg Industries Inc financial data

Symbol
PPG on NYSE
Industry
Paints, Varnishes, Lacquers, Enamels & Allied Prods
Location
One Ppg Pl 40 East, Pittsburgh, Pennsylvania
State of incorporation
Pennsylvania
Fiscal year end
December 31
Latest financial report
Q1 2024 - Apr 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 150 % -3.72%
Quick Ratio 44.8 % -9.78%
Debt-to-equity 178 % -21.7%
Return On Equity 17.6 % -8.46%
Return On Assets 6.45 % +8.05%
Operating Margin 14.8 % +18.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 235 M shares -0.39%
Common Stock, Shares, Outstanding 235 M shares +0.06%
Entity Public Float 34.9 B USD +29.9%
Common Stock, Value, Issued 969 M USD 0%
Weighted Average Number of Shares Outstanding, Basic 236 M shares -0.09%
Weighted Average Number of Shares Outstanding, Diluted 237 M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 18.2 B USD +2.56%
Research and Development Expense 456 M USD -2.98%
Operating Income (Loss) 2.69 B USD +21.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.93 B USD +16.7%
Income Tax Expense (Benefit) 488 M USD +39.4%
Net Income (Loss) Attributable to Parent 1.41 B USD +10.5%
Earnings Per Share, Basic 5.96 USD/shares +10.8%
Earnings Per Share, Diluted 5.93 USD/shares +10.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.18 B USD -17.2%
Accounts Receivable, after Allowance for Credit Loss, Current 2.88 B USD +2.02%
Inventory, Net 2.33 B USD -10.3%
Other Assets, Current 524 M USD +1.35%
Assets, Current 7.67 B USD -6.37%
Deferred Income Tax Assets, Net 340 M USD +31.3%
Property, Plant and Equipment, Net 3.63 B USD +8.29%
Operating Lease, Right-of-Use Asset 808 M USD -2.53%
Intangible Assets, Net (Excluding Goodwill) 2.4 B USD -1.76%
Goodwill 6.14 B USD -0.37%
Other Assets, Noncurrent 601 M USD -0.33%
Assets 21.9 B USD -1.05%
Liabilities, Current 4.94 B USD +1.54%
Long-term Debt and Lease Obligation 6.05 B USD -11.1%
Deferred Income Tax Liabilities, Net 554 M USD -2.98%
Operating Lease, Liability, Noncurrent 600 M USD -5.06%
Other Liabilities, Noncurrent 648 M USD +0.47%
Liabilities 13.7 B USD -7.44%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.25 B USD +6.52%
Retained Earnings (Accumulated Deficit) 21.7 B USD +3.82%
Stockholders' Equity Attributable to Parent 7.94 B USD +11.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 8.13 B USD +12%
Liabilities and Equity 21.9 B USD -1.05%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -60 M USD -171%
Net Cash Provided by (Used in) Financing Activities -35 M USD -113%
Net Cash Provided by (Used in) Investing Activities -239 M USD -273%
Common Stock, Shares Authorized 1.2 B shares 0%
Common Stock, Par or Stated Value Per Share 1.67 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -333 M USD -202%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.18 B USD -17.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 66 M USD -9.59%
Deferred Tax Assets, Valuation Allowance 249 M USD +36.8%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 816 M USD -0.37%
Depreciation 402 M USD +6.35%
Payments to Acquire Property, Plant, and Equipment 256 M USD +113%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.56 B USD -0.95%
Lessee, Operating Lease, Liability, to be Paid 896 M USD +0.34%
Property, Plant and Equipment, Gross 8.61 B USD +7.9%
Operating Lease, Liability, Current 192 M USD +3.78%
Lessee, Operating Lease, Liability, to be Paid, Year Two 176 M USD +6.02%
Lessee, Operating Lease, Liability, to be Paid, Year One 216 M USD +7.46%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure +38.5%
Deferred Income Tax Expense (Benefit) -45 M USD +65.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 80 M USD +8.11%
Lessee, Operating Lease, Liability, to be Paid, Year Three 137 M USD +6.2%
Deferred Tax Assets, Operating Loss Carryforwards 279 M USD +28%
Deferred Federal Income Tax Expense (Benefit) -153 M USD -93.7%
Current Income Tax Expense (Benefit) 622 M USD +29%
Unrecognized Tax Benefits 121 M USD -16.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 103 M USD +3%
Operating Lease, Payments 224 M USD +2.75%
Current State and Local Tax Expense (Benefit) 16 M USD -20%
Current Federal Tax Expense (Benefit) 102 M USD -25.5%
Amortization of Intangible Assets 164 M USD 0%
Deferred Tax Assets, Net of Valuation Allowance 982 M USD +9.35%
Deferred State and Local Income Tax Expense (Benefit) -14 M USD -100%
Interest Expense 243 M USD +24%