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PPG Industries PPG Interest coverage

Interest coverage at other companies

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5.3×+0.8×
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7.8×-2.3×
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2.1×+0.5×
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-1.9×-3.8×
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+1.4×
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15.3×+5.6×

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

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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$26.11B-3.6%
Enterprise value$31.58B+0.7%
P/E16.5×
P/S1.6×-0.1×

Profitability

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Gross margin41.4%0.0pp
Operating margin16.6%
Net margin9.8%

Returns & leverage

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Return on equity21.1%
Debt / equity0.9×0.0×
Current ratio1.6×+0.3×

Where this comes from

Calculated from PPG Industries’s reported figures.

Based on trailing twelve months.

The official record: PPG Industries’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PPG Industries's interest coverage?
PPG Industries (PPG) reported interest coverage of 10.2× in Q1 2026.
How has PPG Industries's interest coverage changed year-over-year?
PPG Industries's interest coverage increased by 10.9% year-over-year, from 9.2× to 10.2×.
What is the long-term trend for PPG Industries's interest coverage?
Over 4 years (2021 to 2025), PPG Industries's interest coverage has grown at a -14.2% compound annual growth rate (CAGR), from 69.5× to 37.6×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.