Discontinued — last reported Q4 '23

Business Segments · PP&E Additions

Industrial Coatings — PP&E Additions

PPG Industries Industrial Coatings — PP&E Additions remained flat by 0.0% to $46.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 41.2%, from $78.25M to $46.00M. Over 2 years (FY 2021 to FY 2023), Industrial Coatings — PP&E Additions shows a downward trend with a -51.6% CAGR.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2023

How to read this metric

Higher spending suggests investment in future growth or efficiency, while lower spending may indicate a focus on cash preservation or mature operations.

Detailed definition

This represents the capital expenditure (CapEx) invested by the Industrial Coatings segment to acquire, upgrade, or main...

Peer comparison

Standard capital expenditure metric used by all manufacturing peers to track investment intensity.

Metric ID: ppg_segment_industrial_coatings_property_plant_and_equipment_additions

Historical Data

3 years
 FY'21FY'22FY'23
Value$784.00M$313.00M$184.00M
YoY Change-60.1%-41.2%
Range$184.00M$784.00M
CAGR-51.6%
Avg YoY Growth-50.6%
Median YoY Growth-50.6%
Current Streak2+ years decline

Frequently Asked Questions

What is PPG Industries's industrial coatings — pp&e additions?
PPG Industries (PPG) reported industrial coatings — pp&e additions of $46.00M in Q4 2023.
How has PPG Industries's industrial coatings — pp&e additions changed year-over-year?
PPG Industries's industrial coatings — pp&e additions decreased by 41.2% year-over-year, from $78.25M to $46.00M.
What is the long-term trend for PPG Industries's industrial coatings — pp&e additions?
Over 2 years (2021 to 2023), PPG Industries's industrial coatings — pp&e additions has grown at a -51.6% compound annual growth rate (CAGR), from $784.00M to $184.00M.
What does industrial coatings — pp&e additions mean?
The amount of money spent on new physical assets and infrastructure for the segment.