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PPG Industries PPG Debt-to-equity

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Other financials

Income statement

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Revenue$4.5B+7.2%
Gross profit$1.8B+2.6%
Operating income$743.0M0.0%
Net income$437.0M-2.9%
EPS (diluted)$1.95-1.5%

Balance sheet

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Cash & equivalents$1.5B-2.6%
Total debt$6.8B+3.6%
Total equity$8.4B+11.4%
Total assets$22.5B+2.0%

Cash flow

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Operating cash flow$559.0M+44.4%
CapEx$113.0M-6.6%
Free cash flow$446.0M+67.7%

Valuation

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Market cap$24.57B+3.7%
Enterprise value$29.83B+4.0%
P/E15.6×
P/S1.5×-0.1×

Profitability

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Gross margin40.9%+0.1pp
Operating margin17.1%
Net margin9.6%
FCF margin8.6%+3.0pp

Returns & leverage

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Return on equity19.6%
Current ratio1.6×+0.2×

Where this comes from

Calculated from PPG Industries’s reported figures.

Based on the most recent quarter.

The source filing: PPG Industries’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 3:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000079879-26-000252

FAQ

What is PPG Industries's debt-to-equity?
PPG Industries (PPG) reported debt-to-equity of 0.8× in Q2 2026.
How has PPG Industries's debt-to-equity changed year-over-year?
PPG Industries's debt-to-equity decreased by 7.1% year-over-year, from 0.9× to 0.8×.
What is the long-term trend for PPG Industries's debt-to-equity?
Over 5 years (2020 to 2025), PPG Industries's debt-to-equity has grown at a -4.3% compound annual growth rate (CAGR), from 1.1× to 0.9×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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