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PPG Industries PPG Other operating expenses

Discontinued — last reported Q1 '22

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Segments

By segment

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Industrial Coatings$64M+4.9%
Performance Coatings$36M+33.3%
Global Architectural Coatings$13M+30.0%

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

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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$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:OtherExpenses.

The official record: PPG Industries’s 10-Q, filed April 22, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is PPG Industries's other operating expenses?
PPG Industries (PPG) reported other operating expenses of $13M in Q1 2022.
What does other operating expenses mean?
Residual operating expenses not classified into specific categories, serving as a catch-all for miscellaneous operating costs.