Discontinued — last reported Q4 '23
Business Segments · Goodwill, impairment loss
Performance Coatings Segment — Goodwill, impairment loss
PPG Industries Performance Coatings Segment — Goodwill, impairment loss remained flat by 0.0% to $39.50M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 295.0%, from $10.00M to $39.50M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2020
Last reportedQ4 2023
Rolls up toGoodwill impairment
How to read this metric
A higher loss indicates a negative reassessment of past acquisition performance and potential long-term value destruction.
Detailed definition
This represents a non-cash charge taken when the carrying value of goodwill associated with a previous acquisition excee...
Peer comparison
Commonly reported as 'Goodwill Impairment' under GAAP/IFRS for companies with significant M&A history.
Metric ID:
ppg_segment_performance_coatings_segment_goodwill_impairment_lossHistorical Data
2 years
| FY'22 | FY'23 | |
|---|---|---|
| Value | $40.00M | $158.00M |
| YoY Change | — | +295.0% |
Range$40.00M – $158.00M
Avg YoY Growth+295.0%
Median YoY Growth+295.0%
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Frequently Asked Questions
- What is PPG Industries's performance coatings segment — goodwill, impairment loss?
- PPG Industries (PPG) reported performance coatings segment — goodwill, impairment loss of $39.50M in Q4 2023.
- How has PPG Industries's performance coatings segment — goodwill, impairment loss changed year-over-year?
- PPG Industries's performance coatings segment — goodwill, impairment loss increased by 295.0% year-over-year, from $10.00M to $39.50M.
- What does performance coatings segment — goodwill, impairment loss mean?
- A non-cash write-down of the value of previously acquired businesses within the segment.