PPG Industries, Inc.
General ticker "PPG" information:
- Sector: Materials
- Industry: Chemicals
- Capitalization: $28.9B
PPG Industries, Inc. does not follow the US Stock Market performance with the rate: -19.7%.
Estimated limits based on current volatility of 1.2%: low 119.41$, high 122.21$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-11-12, amount 0.68$ (Y2.26%)
- North America accounted for 41.0% of revenue in the fiscal year ended 2023-12-31
- Current price 13.9% below estimated low
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [139.55$, 192.95$]
- 2024-12-30 to 2025-12-30 estimated range: [152.86$, 209.69$]
Financial Metrics affecting the PPG estimates:
- Positive: Non-GAAP EPS, $ of 7.67 > 2.29
- Positive: 9.05 < Operating profit margin, % of 15.26
- Positive: 2.14 < Industry operating profit margin (median), % of 6.58
- Positive: -3.48 < Investing cash flow per share, $ of -2.36
- Positive: Inventory ratio change, % of -0.96 <= 0
- Negative: Interest expense per share, $ of 1.05 > 0.74
- Positive: 2.35 < Operating cash flow per share per price, % of 7.04
- Positive: 1.31 < Industry earnings per price (median), % of 3.50
Short-term PPG quotes
Long-term PPG plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $16,802.00MM | $17,652.00MM | $18,246.00MM |
| Operating Expenses | $14,980.00MM | $15,930.00MM | $15,462.00MM |
| Operating Income | $1,822.00MM | $1,722.00MM | $2,784.00MM |
| Non-Operating Income | $-7.00MM | $-341.00MM | $-1,036.00MM |
| Interest Expense | $121.00MM | $167.00MM | $247.00MM |
| R&D Expense | $439.00MM | $448.00MM | $433.00MM |
| Income(Loss) | $1,815.00MM | $1,381.00MM | $1,748.00MM |
| Taxes | $374.00MM | $325.00MM | $439.00MM |
| Other Income(Loss) | $19.00MM | $-2.00MM | $0.00MM |
| Profit(Loss) | $1,460.00MM | $1,054.00MM | $1,309.00MM |
| Stockholders Equity | $6,286.00MM | $6,592.00MM | $7,832.00MM |
| Inventory | $2,171.00MM | $2,272.00MM | $2,127.00MM |
| Assets | $21,351.00MM | $20,744.00MM | $21,647.00MM |
| Operating Cash Flow | $1,562.00MM | $963.00MM | $2,411.00MM |
| Capital expenditure | $371.00MM | $518.00MM | $549.00MM |
| Investing Cash Flow | $-2,404.00MM | $-461.00MM | $-556.00MM |
| Financing Cash Flow | $93.00MM | $-409.00MM | $-1,550.00MM |
| Earnings Per Share* | $6.06 | $4.35 | $5.38 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.