Discontinued — last reported Q4 '23
Performance Coatings Segment — Goodwill from acquisitions
PPG Industries Performance Coatings Segment — Goodwill from acquisitions remained flat by 0.0% to $31.50M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 306.5%, from $7.75M to $31.50M. Over 2 years (FY 2021 to FY 2023), Performance Coatings Segment — Goodwill from acquisitions shows a downward trend with a -67.4% CAGR.
Analysis
How to read this metric
A growing balance indicates active M&A activity, while a stable or declining balance suggests organic focus or periodic impairment adjustments.
Detailed definition
This represents the intangible asset value created when the purchase price of an acquired business exceeds the fair valu...
Peer comparison
Standard 'Goodwill' balance sheet item reported by companies that grow through frequent acquisitions.
ppg_segment_performance_coatings_segment_goodwill_from_acquisitionsHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $1.19B | $31.00M | $126.00M |
| YoY Change | — | -97.4% | +306.5% |
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Frequently Asked Questions
- What is PPG Industries's performance coatings segment — goodwill from acquisitions?
- PPG Industries (PPG) reported performance coatings segment — goodwill from acquisitions of $31.50M in Q4 2023.
- How has PPG Industries's performance coatings segment — goodwill from acquisitions changed year-over-year?
- PPG Industries's performance coatings segment — goodwill from acquisitions increased by 306.5% year-over-year, from $7.75M to $31.50M.
- What is the long-term trend for PPG Industries's performance coatings segment — goodwill from acquisitions?
- Over 2 years (2021 to 2023), PPG Industries's performance coatings segment — goodwill from acquisitions has grown at a -67.4% compound annual growth rate (CAGR), from $1.19B to $126.00M.
- What does performance coatings segment — goodwill from acquisitions mean?
- The premium paid over the fair value of net assets during business acquisitions within the segment.