
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT
- About


PPG Industries Inc (PPG)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/01/2025: PPG (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -14.42% | Avg. Invested days 29 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 24.73B USD | Price to earnings Ratio 19.05 | 1Y Target Price 131.78 |
Price to earnings Ratio 19.05 | 1Y Target Price 131.78 | ||
Volume (30-day avg) 2290339 | Beta 1.21 | 52 Weeks Range 105.64 - 140.87 | Updated Date 04/1/2025 |
52 Weeks Range 105.64 - 140.87 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 2.49% | Basic EPS (TTM) 5.72 |
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 7.04% | Operating Margin (TTM) 12.15% |
Management Effectiveness
Return on Assets (TTM) 6.83% | Return on Equity (TTM) 18.38% |
Valuation
Trailing PE 19.05 | Forward PE 13.64 | Enterprise Value 29947590656 | Price to Sales(TTM) 1.57 |
Enterprise Value 29947590656 | Price to Sales(TTM) 1.57 | ||
Enterprise Value to Revenue 1.86 | Enterprise Value to EBITDA 11.38 | Shares Outstanding 226975008 | Shares Floating 226181917 |
Shares Outstanding 226975008 | Shares Floating 226181917 | ||
Percent Insiders 0.12 | Percent Institutions 90.83 |
Analyst Ratings
Rating 3.85 | Target Price 144.57 | Buy 3 | Strong Buy 10 |
Buy 3 | Strong Buy 10 | ||
Hold 14 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
PPG Industries Inc

Company Overview
History and Background
PPG Industries was founded in 1883 as Pittsburgh Plate Glass Company. It initially focused on producing plate glass but has since diversified into paints, coatings, and specialty materials. Over the years, PPG has grown through acquisitions and innovation, becoming a global leader in its industry.
Core Business Areas
- Performance Coatings: Supplies coatings and finishes for a variety of applications, including automotive refinish, aerospace, and industrial coatings. These coatings protect and enhance the appearance of various products.
- Industrial Coatings: Provides coatings, adhesives, and sealants for industrial equipment, automotive original equipment manufacturing (OEM), and packaging. These products offer corrosion protection, weather resistance, and aesthetic appeal.
- Architectural Coatings: Offers paints, stains, and specialty coatings for residential and commercial applications. These products are sold through company-owned stores and independent retailers.
Leadership and Structure
Tim Knavish is the current Chairman and CEO. The company operates with a decentralized organizational structure, with various business units focused on specific markets and product lines.
Top Products and Market Share
Key Offerings
- Automotive Refinish Coatings: PPG's automotive refinish coatings are used to repair and restore the appearance of vehicles. Market share is estimated to be around 30% globally. Competitors include Axalta Coating Systems (AXTA) and BASF (BASF.DE). Revenue from this segment is significant, contributing substantially to the Performance Coatings segment.
- Aerospace Coatings: PPG supplies coatings for aircraft and aerospace components, offering protection from corrosion and environmental factors. Market share is a significant portion of the aerospace coating market. Competitors include AkzoNobel (AKZA.AS) and Sherwin-Williams (SHW).
- Architectural Paints (e.g., Glidden, PPG Paints): PPG's architectural paints are sold to homeowners and professionals for interior and exterior applications. They hold a sizable market share within the architectural coatings industry. Competitors include Sherwin-Williams (SHW) and Benjamin Moore (Berkshire Hathaway - BRK.A).
Market Dynamics
Industry Overview
The coatings industry is characterized by moderate growth, driven by construction, automotive production, and industrial activity. It's influenced by raw material prices, environmental regulations, and technological advancements in coating formulations.
Positioning
PPG Industries Inc is one of the leading global coatings companies, holding significant market share in several key segments. Its competitive advantages include its strong brand reputation, diverse product portfolio, global distribution network, and technological expertise.
Total Addressable Market (TAM)
The global paints and coatings market is estimated at $180+ billion. PPG is positioned well to capture a significant portion through diversified product offerings and global presence.
Upturn SWOT Analysis
Strengths
- Global market leadership
- Diversified product portfolio
- Strong R&D capabilities
- Established distribution network
- Strong Brand Recognition
Weaknesses
- Exposure to raw material price volatility
- Dependence on cyclical industries
- High debt levels
- Slow Growth Rate compared to Technology Companies
Opportunities
- Growth in emerging markets
- Increasing demand for sustainable coatings
- Expansion through acquisitions
- Product innovation in specialty coatings
- Adoption of Digitalization
Threats
- Economic downturns
- Intense competition
- Stringent environmental regulations
- Fluctuations in currency exchange rates
- Disruptive Technologies
Competitors and Market Share
Key Competitors
- SHW
- AXTA
- RPM
Competitive Landscape
PPG faces intense competition from other large coatings companies. Its strengths include its diversified product portfolio and global reach. Weaknesses include its exposure to raw material price volatility.
Major Acquisitions
Tikkurila
- Year: 2021
- Acquisition Price (USD millions): 1.55
- Strategic Rationale: Expanded PPG's presence in the Nordic and Eastern European markets, strengthening its architectural coatings business.
Growth Trajectory and Initiatives
Historical Growth: PPG has experienced moderate growth over the past decade, driven by organic expansion and strategic acquisitions.
Future Projections: Analysts expect moderate revenue growth for PPG, driven by increased demand in key markets and continued cost optimization efforts.
Recent Initiatives: Recent initiatives include investments in R&D, expansion in emerging markets, and acquisitions of complementary businesses.
Summary
PPG Industries is a strong global coatings company with a diversified portfolio and established market position. Its global presence and R&D capabilities are strengths, but it faces challenges from raw material price volatility and cyclical industry trends. Future growth depends on capitalizing on emerging market opportunities and managing costs effectively. The Tikkurila acquisition has positively affected it's revenue.
Similar Companies

AXTA

Axalta Coating Systems Ltd



AXTA

Axalta Coating Systems Ltd

MLM

Martin Marietta Materials Inc



MLM

Martin Marietta Materials Inc

RPM

RPM International Inc



RPM

RPM International Inc

SHW

Sherwin-Williams Co



SHW

Sherwin-Williams Co
Sources and Disclaimers
Data Sources:
- Company Filings (10K, 10Q), Analyst Reports, Market Research Reports, PPG Investor Relations
Disclaimers:
The information provided is for general informational purposes only and does not constitute financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 - | ||
Sector Basic Materials | Industry Specialty Chemicals | Full time employees 46000 | Website https://www.ppg.com |
Full time employees 46000 | Website https://www.ppg.com |
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.