PPG official logo PPG
PPG 1-star rating from Upturn Advisory
PPG Industries Inc (PPG) company logo

PPG Industries Inc (PPG)

PPG Industries Inc (PPG) 1-star rating from Upturn Advisory
$107.41
Last Close (24-hour delay)
Profit since last BUY3.74%
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BUY since 19 days
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Upturn Advisory Summary

01/09/2026: PPG (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

4 star rating from financial analysts

26 Analysts rated it

Well-followed company, solid analyst reports, reliable data for confident investing.

1 Year Target Price $118.85

1 Year Target Price $118.85

Analysts Price Target For last 52 week
$118.85 Target price
52w Low $88.43
Current$107.41
52w High $121.53

Analysis of Past Performance

Type Stock
Historic Profit -17.98%
Avg. Invested days 31
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 01/09/2026

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 24.24B USD
Price to earnings Ratio 19.21
1Y Target Price 118.85
Price to earnings Ratio 19.21
1Y Target Price 118.85
Volume (30-day avg) 26
Beta 1.16
52 Weeks Range 88.43 - 121.53
Updated Date 01/9/2026
52 Weeks Range 88.43 - 121.53
Updated Date 01/9/2026
Dividends yield (FY) 2.61%
Basic EPS (TTM) 5.59

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 6.35%
Operating Margin (TTM) 14.16%

Management Effectiveness

Return on Assets (TTM) 6.03%
Return on Equity (TTM) 16.16%

Valuation

Trailing PE 19.21
Forward PE 13.07
Enterprise Value 29635320000
Price to Sales(TTM) 1.55
Enterprise Value 29635320000
Price to Sales(TTM) 1.55
Enterprise Value to Revenue 1.89
Enterprise Value to EBITDA 11.9
Shares Outstanding 224400000
Shares Floating 223915296
Shares Outstanding 224400000
Shares Floating 223915296
Percent Insiders 0.14
Percent Institutions 88.76

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

PPG Industries Inc

PPG Industries Inc(PPG) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

PPG Industries Inc., originally Pittsburgh Plate Glass Company, was founded in 1883 by Captain John B. Ford and John Pitcairn Jr. in Pittsburgh, Pennsylvania. It was a pioneer in the mass production of high-quality, flat glass. Over its history, PPG has evolved into a global leader in paints, coatings, and specialty materials, expanding through both organic growth and strategic acquisitions. Key milestones include its diversification into automotive coatings, aerospace coatings, and architectural paints, establishing a strong presence in diverse end markets.

Company business area logo Core Business Areas

  • Performance Coatings: This segment is a leading global supplier of paints and coatings for automotive refinish, industrial, packaging, and architectural applications. Products include automotive repair paints, industrial coatings for various substrates, coatings for beverage and food cans, and a wide range of paints and stains for residential and commercial buildings.
  • Industrial Coatings: This segment provides coatings for a broad range of industrial applications, including automotive OEM (original equipment manufacturer) coatings, industrial coatings for machinery and equipment, coil coatings for metal building products, and protective coatings for marine and infrastructure projects. It also encompasses coatings for durable goods like appliances and electronics.
  • Packaging Coatings: This segment is a major supplier of coatings and finishes for metal food and beverage cans, offering solutions for both interior and exterior protection and decoration.
  • Specialty Materials: This segment develops and manufactures advanced materials such as optical products (e.g., spectacle lenses), silicas, and other specialty chemicals used in various industries, including automotive, construction, and consumer goods.

leadership logo Leadership and Structure

PPG Industries Inc. is led by a Board of Directors and a senior executive management team, with the CEO at the helm. The company operates through a divisional structure aligned with its core business segments, allowing for specialized focus and market responsiveness.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Automotive OEM Coatings: PPG is a top global supplier of automotive OEM coatings, providing a full spectrum of finishes from primers to clearcoats for car manufacturers. Competitors include Sherwin-Williams, Axalta Coating Systems, and Nippon Paint.
  • Automotive Refinish Coatings: This includes a comprehensive range of paints, primers, and clearcoats for the automotive aftermarket and collision repair industry. Key brands like PPG, Nexa Autocolor, and Vibrance Collection are widely recognized. Competitors include Sherwin-Williams (through its Finishmaster brand), Axalta Coating Systems, and BASF.
  • Architectural Coatings: PPG offers a vast portfolio of paints, stains, and coatings for residential and commercial buildings under brands such as PPG Paints, Glidden, and Olympic. Competitors include Sherwin-Williams, Benjamin Moore (owned by Berkshire Hathaway), and AkzoNobel.
  • Aerospace Coatings: PPG provides high-performance coatings for aircraft exteriors and interiors, including primers, topcoats, and sealants. Major competitors include AkzoNobel and Sherwin-Williams (through its Valspar acquisition).
  • Industrial Coatings: This category covers a wide array of coatings for diverse industrial applications, from appliances and electronics to metal packaging and general industrial machinery. Competitors vary by specific application but include Sherwin-Williams, AkzoNobel, and Axalta Coating Systems.

Market Dynamics

industry overview logo Industry Overview

The global paints and coatings industry is characterized by its cyclical nature, closely tied to construction, automotive production, and general economic activity. It is a highly competitive market with a significant focus on innovation, sustainability, and product performance. Key trends include the shift towards eco-friendly and low-VOC (volatile organic compound) products, advancements in protective and functional coatings, and consolidation through mergers and acquisitions.

Positioning

PPG Industries Inc. is a leading global player in the paints and coatings industry, known for its broad product portfolio, extensive geographic reach, and strong brand recognition. Its competitive advantages lie in its technological innovation, robust R&D capabilities, diverse end-market exposure, and integrated supply chain. The company's scale allows for significant economies of scale and a strong position in key growth markets.

Total Addressable Market (TAM)

The global paints and coatings market is substantial and projected to continue growing. While specific TAM figures vary by source and segmentation, it is estimated to be in the hundreds of billions of USD. PPG is well-positioned to capture a significant portion of this market due to its diversified product offerings, global presence, and strong relationships with customers across various industries.

Upturn SWOT Analysis

Strengths

  • Global leadership position in paints and coatings.
  • Diverse product portfolio serving multiple end markets.
  • Strong brand recognition and customer loyalty.
  • Extensive global manufacturing and distribution network.
  • Commitment to innovation and R&D.
  • Strong financial position and access to capital.

Weaknesses

  • Vulnerability to raw material price fluctuations.
  • Exposure to cyclical industries like construction and automotive.
  • Potential challenges in integrating large acquisitions.
  • Intense competition from both large multinational corporations and regional players.

Opportunities

  • Growth in emerging markets.
  • Increasing demand for sustainable and eco-friendly coatings.
  • Expansion into high-growth segments like aerospace and specialty industrial coatings.
  • Strategic acquisitions to broaden product lines or market reach.
  • Leveraging digital technologies for enhanced customer engagement and operational efficiency.

Threats

  • Economic downturns and recessions.
  • Increased regulatory scrutiny and environmental compliance costs.
  • Intensifying price competition.
  • Disruptions in global supply chains.
  • Geopolitical risks and trade barriers.

Competitors and Market Share

Key competitor logo Key Competitors

  • The Sherwin-Williams Company (SHW)
  • Akzo Nobel N.V. (AKZA.AS - though primary listing is European, significant US presence)
  • Axalta Coating Systems Ltd. (AXTA)
  • Nippon Paint Holdings Co., Ltd. (4612.T - Japanese, but major global competitor)
  • Masco Corporation (MAS - significant presence in architectural coatings)

Competitive Landscape

PPG faces intense competition from global giants like Sherwin-Williams and Akzo Nobel, as well as specialized players in niche markets. PPG's advantages include its broad product range, strong brand equity, and extensive distribution network. However, competitors often match innovation efforts, and regional players can offer competitive pricing. The industry is also subject to consolidation, which can alter the competitive landscape.

Major Acquisitions

TCI (The Coatings Company)

  • Year: 2023
  • Acquisition Price (USD millions): 700
  • Strategic Rationale: This acquisition expanded PPG's portfolio of industrial coatings and coatings for metal packaging in North America and Europe, enhancing its market reach and product offerings in these key segments.

ACP (Advanced Chemical Products)

  • Year: 2022
  • Acquisition Price (USD millions): 150
  • Strategic Rationale: The acquisition of ACP strengthened PPG's offering in specialty coatings for the automotive refinish market, providing new technologies and expanding its customer base.

Growth Trajectory and Initiatives

Historical Growth: PPG has demonstrated consistent historical growth, driven by organic expansion in its core segments, strategic pricing, and a series of well-executed acquisitions. The company has successfully diversified its revenue streams and expanded its global footprint over the past several decades.

Future Projections: Analyst estimates for PPG's future growth are generally positive, projecting continued expansion driven by innovation, penetration in emerging markets, and strategic acquisitions. The company is expected to benefit from the ongoing demand for advanced coatings in automotive, aerospace, and construction, as well as opportunities in sustainability-focused products.

Recent Initiatives: Recent initiatives by PPG Industries Inc. have focused on enhancing its global coatings portfolio, investing in sustainability solutions, digital transformation for improved customer experience, and driving operational efficiencies. The company has also been active in strategic acquisitions to strengthen its market position in specific segments.

Summary

PPG Industries Inc. is a robust global leader in paints and coatings, with a diversified portfolio and strong market positions. Its strengths lie in innovation, global reach, and consistent dividend growth. However, it faces challenges from raw material price volatility and cyclical market dependence. Strategic acquisitions and a focus on sustainable solutions are key to its continued success, while navigating intense competition and economic uncertainties remains crucial.

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Sources and Disclaimers

Data Sources:

  • PPG Industries Inc. Investor Relations (Annual Reports, SEC Filings)
  • Industry research reports from reputable financial analysis firms
  • Financial news outlets and market data providers

Disclaimers:

This JSON output is based on publicly available information and industry analysis. It is intended for informational purposes only and does not constitute financial advice. Market share data is an estimation and can vary based on reporting methodology. Investors should conduct their own due diligence before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About PPG Industries Inc

Exchange NYSE
Headquaters Pittsburgh, PA, United States
IPO Launch date 1983-04-06
CEO & Chairman Mr. Timothy M. Knavish
Sector Basic Materials
Industry Specialty Chemicals
Full time employees 46000
Full time employees 46000

PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through three segments: Global Architectural Coatings, Performance Coatings, and Industrial Coatings. The Global Architectural Coatings segment offers paints, wood stains, adhesives, sealants, and purchased sundries for painting and maintenance contractors and consumers. The Performance Coatings segment offers coatings, sealants, transparencies, adhesives, engineered materials, packaging, and chemical management services for aerospace industry; coatings, solvents, adhesives, sealants, purchased sundries, digital solutions and paint films for automotive and commercial transport industries; coatings and finishes for protection of metals and structures; and paints, thermoplastics, raised pavement markers, and other pavement marking technologies for government, commercial infrastructure, painting, and maintenance contractors. The Industrial Coatings segment provides coatings, adhesives and sealants, metal pretreatments, and paint films, as well as technical services and coatings applications for automotive original equipment manufacturers, tier supplier, appliances, agricultural and construction equipment, consumer electronics, automotive parts and accessories, building products, kitchenware, and transportation vehicles and other finished products; and on-site coatings services. It also offers coatings for metal cans, closures, plastic and aluminum tubes for food, beverage and personal care, promotional, and specialty packaging; TESLIN substrates for labels, e-passports, drivers' licenses, breathable membranes, and loyalty and identification cards; and organic light emitting diode materials, displays and lighting lens materials, optical lenses, color-change products, and photochromic dyes. The company was incorporated in 1883 and is based in Pittsburgh, Pennsylvania.