What is PPG Industries's equity method income?

PPG Industries (PPG) reported equity method income of $6M in Q3 2022.

What does equity method income mean?

The company's proportional share of net income or loss from unconsolidated affiliates and joint ventures accounted for under the equity method.

PPG Industries PPG Equity Method Income

Discontinued — last reported Q3 '22

Equity Method Income at other companies

DowDOW

-$303M-1,415%

Cabot CorporationCBT

$2M-33.3%

DuPont de Nemours, Inc.DD

-$1M+93.3%

Segments

By segment

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Performance Coatings Segment$6M+20.0%

Global Architectural Coatings$1M-66.7%

Industrial Coatings Segment$1M-50.0%

Other financials

Income statement

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Revenue$3.9B+6.7%

Gross profit$1.7B+7.3%

Operating income$636.0M+4.8%

Net income$382.0M+2.4%

EPS (diluted)$1.70+4.3%

Balance sheet

See full

Cash & equivalents$1.6B-14.0%

Total debt$7.0B+13.7%

Total equity$8.1B+17.0%

Total assets$22.2B+4.8%

Cash flow

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Operating cash flow$33.0M+283%

CapEx$196.0M-6.2%

Free cash flow-$163.0M+28.2%

Valuation

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Market cap$27.04B+8.2%

Enterprise value$32.5B+8.4%

P/E17.1×—

P/S1.7×+0.1×

Profitability

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Gross margin41.4%0.0pp

Operating margin16.6%—

Net margin9.8%—

FCF margin7.6%+2.6pp

Returns & leverage

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Return on equity21.1%—

Debt / equity0.9×0.0×

Current ratio1.6×+0.3×

Where this comes from

Reported directly by PPG Industries in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.

The official record: PPG Industries’s 10-Q, filed October 20, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is PPG Industries's equity method income?: PPG Industries (PPG) reported equity method income of $6M in Q3 2022.
What does equity method income mean?: The company's proportional share of net income or loss from unconsolidated affiliates and joint ventures accounted for under the equity method.