Discontinued — last reported Q4 '23
Business Segments · PP&E Additions
Performance Coatings — PP&E Additions
PPG Industries Performance Coatings — PP&E Additions remained flat by 0.0% to $85.75M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 35.0%, from $63.50M to $85.75M. Over 2 years (FY 2021 to FY 2023), Performance Coatings — PP&E Additions shows a downward trend with a -55.1% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2023Feb 15, 2024
Rolls up toProperty, Plant and Equipment, Additions
How to read this metric
Higher spending indicates investment in future growth and capacity, while lower spending may signal a focus on cash preservation or mature operations.
Detailed definition
Capital expenditures specifically directed toward the Performance Coatings segment to acquire, upgrade, or maintain phys...
Peer comparison
Standard capital expenditure (CapEx) reporting, comparable to segment-level CapEx for any manufacturing peer.
Metric ID:
ppg_segment_performance_coatings_property_plant_and_equipment_additionsHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $1.70B | $254.00M | $343.00M |
| YoY Change | — | -85.0% | +35.0% |
Range$254.00M – $1.70B
CAGR-55.1%
Avg YoY Growth-25.0%
Median YoY Growth-25.0%
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Frequently Asked Questions
- What is PPG Industries's performance coatings — pp&e additions?
- PPG Industries (PPG) reported performance coatings — pp&e additions of $85.75M in Q4 2023.
- How has PPG Industries's performance coatings — pp&e additions changed year-over-year?
- PPG Industries's performance coatings — pp&e additions increased by 35.0% year-over-year, from $63.50M to $85.75M.
- What is the long-term trend for PPG Industries's performance coatings — pp&e additions?
- Over 2 years (2021 to 2023), PPG Industries's performance coatings — pp&e additions has grown at a -55.1% compound annual growth rate (CAGR), from $1.70B to $343.00M.
- What does performance coatings — pp&e additions mean?
- The amount spent by the segment on new buildings, machinery, and equipment.