Letters of Credit Outstanding, Amount
PPG Industries Letters of Credit Outstanding, Amount decreased by 0.4% to $271.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.4%, from $296.00M to $271.00M. Over 2 years (FY 2023 to FY 2025), Letters of Credit Outstanding, Amount shows an upward trend with a 8.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests higher reliance on external credit facilities to support operational or contractual obligations.
Detailed definition
This represents the total face value of letters of credit issued by the company to guarantee performance or payment to t...
Peer comparison
Common in capital-intensive industries; reflects the company's ability to secure credit and manage counterparty risk.
other_letters_of_credit_outstanding_amountHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $129.00M | $174.00M | $160.00M | $205.00M | $235.00M | $223.00M | $228.00M | $235.00M | $232.00M | $229.00M | $231.00M | $247.00M | $302.00M | $296.00M | $296.00M | $270.00M | $272.00M | $271.00M |
| QoQ Change | — | +34.9% | -8.0% | +28.1% | +14.6% | -5.1% | +2.2% | +3.1% | -1.3% | -1.3% | +0.9% | +6.9% | +22.3% | -2.0% | +0.0% | -8.8% | +0.7% | -0.4% |
| YoY Change | — | — | — | +58.9% | +35.1% | +39.4% | +11.2% | +0.0% | — | +2.7% | +1.3% | +5.1% | +30.2% | +29.3% | +28.1% | +9.3% | -9.9% | -8.4% |
Letters of Credit Outstanding, Amount at Other Companies
Frequently Asked Questions
- What is PPG Industries's letters of credit outstanding, amount?
- PPG Industries (PPG) reported letters of credit outstanding, amount of $271.00M in Q1 2026.
- How has PPG Industries's letters of credit outstanding, amount changed year-over-year?
- PPG Industries's letters of credit outstanding, amount decreased by 8.4% year-over-year, from $296.00M to $271.00M.
- What is the long-term trend for PPG Industries's letters of credit outstanding, amount?
- Over 2 years (2023 to 2025), PPG Industries's letters of credit outstanding, amount has grown at a 8.3% compound annual growth rate (CAGR), from $232.00M to $272.00M.
- What does letters of credit outstanding, amount mean?
- The total amount of bank-guaranteed payments the company has committed to.