PPG Industries Inc (PPG) stock
PPGNYSEPaints, Varnishes, Lacquers, Enamels & Allied ProdsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 28, 2026Score 19/3016% below fair value
$122.35−2.62 (-2.10%)
Close on Nov 12, 2026Market cap $27.03BP/E 17.5Yield 2.27%
PPG Industries gross margin
Gross margin is gross profit as a percentage of revenue.
PPG Industries's gross margin for the twelve months ending Sep 30, 2026 was 40.9%. For fiscal 2025 it was 41.3%, against 41.6% the year before. The highest annual figure on record is 44.3% in fiscal 2017.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 41.3% | −0.3 |
| FY2024 | Dec 31, 2024 | 41.6% | +1.2 |
| FY2023 | Dec 31, 2023 | 40.4% | +4.3 |
| FY2022 | Dec 31, 2022 | 36.1% | −2.7 |
| FY2021 | Dec 31, 2021 | 38.8% | −5.0 |
| FY2020 | Dec 31, 2020 | 43.8% | +0.9 |
| FY2019 | Dec 31, 2019 | 42.9% | +1.4 |
| FY2018 | Dec 31, 2018 | 41.5% | −2.9 |
| FY2017 | Dec 31, 2017 | 44.3% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 40.5% | −0.0 |
| Q2 FY2026 | Jun 30, 2026 | 40.2% | −1.8 |
| Q1 FY2026 | Mar 31, 2026 | 42.1% | +0.3 |
| Q4 FY2025 | Dec 31, 2025 | 40.8% | +0.3 |
| Q3 FY2025 | Sep 30, 2025 | 40.6% | −0.4 |
| Q2 FY2025 | Jun 30, 2025 | 42.0% | −0.1 |
| Q1 FY2025 | Mar 31, 2025 | 41.9% | −0.9 |
| Q4 FY2024 | Dec 31, 2024 | 40.6% | +3.0 |
| Q3 FY2024 | Sep 30, 2024 | 40.9% | +0.2 |
| Q2 FY2024 | Jun 30, 2024 | 42.1% | +1.0 |
| Q1 FY2024 | Mar 31, 2024 | 42.7% | +2.0 |
| Q4 FY2023 | Dec 31, 2023 | 37.6% | +7.6 |
| Q3 FY2023 | Sep 30, 2023 | 40.7% | +3.9 |
| Q2 FY2023 | Jun 30, 2023 | 41.2% | +4.1 |
| Q1 FY2023 | Mar 31, 2023 | 40.7% | +3.4 |
| Q4 FY2022 | Dec 31, 2022 | 30.0% | −5.7 |
| Q3 FY2022 | Sep 30, 2022 | 36.9% | −0.6 |
| Q2 FY2022 | Jun 30, 2022 | 37.0% | −2.7 |
| Q1 FY2022 | Mar 31, 2022 | 37.4% | −5.1 |
| Q4 FY2021 | Dec 31, 2021 | 35.8% | −7.3 |
| Q3 FY2021 | Sep 30, 2021 | 37.5% | −7.5 |
| Q2 FY2021 | Jun 30, 2021 | 39.7% | −3.8 |
| Q1 FY2021 | Mar 31, 2021 | 42.5% | −1.0 |
| Q4 FY2020 | Dec 31, 2020 | 43.0% | +0.5 |
| Q3 FY2020 | Sep 30, 2020 | 45.0% | +2.0 |
| Q2 FY2020 | Jun 30, 2020 | 43.5% | +0.4 |
| Q1 FY2020 | Mar 31, 2020 | 43.5% | +0.7 |
| Q4 FY2019 | Dec 31, 2019 | 42.5% | +2.5 |
| Q3 FY2019 | Sep 30, 2019 | 43.0% | +2.0 |
| Q2 FY2019 | Jun 30, 2019 | 43.1% | +0.7 |
| Q1 FY2019 | Mar 31, 2019 | 42.8% | +0.5 |
| Q4 FY2018 | Dec 31, 2018 | 40.0% | – |
| Q3 FY2018 | Sep 30, 2018 | 41.0% | – |
| Q2 FY2018 | Jun 30, 2018 | 42.4% | – |
| Q1 FY2018 | Mar 31, 2018 | 42.3% | – |
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