PPG Industries Outstanding letters of credit and surety bonds decreased by 9.9% to $272.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 9.9%, from $302.00M to $272.00M. Over 5 years (FY 2020 to FY 2025), Outstanding letters of credit and surety bonds shows an upward trend with a 15.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Higher levels indicate increased reliance on external guarantees to support business operations, which may impact credit capacity.
This represents the total value of off-balance-sheet financial guarantees, including letters of credit and surety bonds,...
Common for industrial and global manufacturing firms that require performance guarantees for large contracts.
other_letters_of_credit_surety_bonds_and_other_arrangements| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $173.00M | $231.00M | $232.00M | $302.00M | $272.00M |
| QoQ Change | — | +33.5% | +0.4% | +30.2% | -9.9% |
| YoY Change | — | +33.5% | +0.4% | +30.2% | -9.9% |