Discontinued — last reported Q4 '23
Business Segments · Goodwill from acquisitions
Industrial Coatings Segment — Goodwill from acquisitions
PPG Industries Industrial Coatings Segment — Goodwill from acquisitions remained flat by 0.0% to $3.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 13.3%, from $3.75M to $3.25M. Over 2 years (FY 2021 to FY 2023), Industrial Coatings Segment — Goodwill from acquisitions shows a downward trend with a -72.9% CAGR.
Analysis
StatementSegment
CategoryMarket Position
SignalContext dependent
VolatilityStable
First reportedQ1 2015
Last reportedQ4 2023
How to read this metric
A growing balance indicates recent acquisition activity, while a stagnant balance suggests a period of organic-only growth.
Detailed definition
This represents the intangible asset value created when the purchase price of an acquired business exceeds the fair valu...
Peer comparison
Standard balance sheet item for companies that grow through frequent acquisitions.
Metric ID:
ppg_segment_industrial_coatings_segment_goodwill_from_acquisitionsHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $177.00M | $15.00M | $13.00M |
| YoY Change | — | -91.5% | -13.3% |
Range$13.00M – $177.00M
CAGR-72.9%
Avg YoY Growth-52.4%
Median YoY Growth-52.4%
Current Streak2+ years decline
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Frequently Asked Questions
- What is PPG Industries's industrial coatings segment — goodwill from acquisitions?
- PPG Industries (PPG) reported industrial coatings segment — goodwill from acquisitions of $3.25M in Q4 2023.
- How has PPG Industries's industrial coatings segment — goodwill from acquisitions changed year-over-year?
- PPG Industries's industrial coatings segment — goodwill from acquisitions decreased by 13.3% year-over-year, from $3.75M to $3.25M.
- What is the long-term trend for PPG Industries's industrial coatings segment — goodwill from acquisitions?
- Over 2 years (2021 to 2023), PPG Industries's industrial coatings segment — goodwill from acquisitions has grown at a -72.9% compound annual growth rate (CAGR), from $177.00M to $13.00M.
- What does industrial coatings segment — goodwill from acquisitions mean?
- The premium paid over the fair value of assets during business acquisitions.