What are PPG Industries's profit margins?

PPG Industries (PPG) runs a 41.4% gross margin and a 16.6% operating margin, with a 9.8% net margin.

Where do PPG Industries's ratios come from?

Every ratio is computed from PPG Industries's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

PPG Industries PPG Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	41.4%0.0pp	41.3%-0.3pp	41.3%0.0pp	41.4%+0.2pp	41.4%+0.5pp
Net margin	9.8%—	9.9%—	——	——	——
EBITDA margin	18.9%+1.6pp	19%+1.4pp	17.1%-2.4pp	17.1%-1.8pp	17.3%-0.9pp
Free cash flow margin	7.6%+2.6pp	7.3%+2.9pp	4.6%-4.6pp	5.1%-4.5pp	5%-5.3pp
Returns
Return on equity	21.1%—	21.4%—	——	——	——
Return on assets	7.3%—	7.6%—	——	——	——
Return on invested capital	15.6%+2.3pp	16.1%+1.9pp	12.4%-0.8pp	12.5%-0.8pp	13.3%+0.5pp
Efficiency
Asset turnover	0.7×0.0×	0.8×0.0×	0.7×0.0×	0.7×0.0×	0.7×0.0×
Inventory turnover	4.4×+0.3×	4.8×0.0×	4.1×+0.4×	4.1×+0.4×	4.1×+0.4×
Liquidity
Current ratio	1.6×+0.3×	1.6×+0.3×	1.5×-0.1×	1.4×-0.1×	1.4×-0.2×
Quick ratio	1.2×+0.2×	1.2×+0.3×	1.1×-0.1×	1×0.0×	1×-0.1×
Cash ratio	0.3×0.0×	0.4×+0.2×	0.3×+0.1×	0.3×+0.1×	0.3×+0.1×
Leverage
Debt-to-equity	0.9×0.0×	0.9×+0.1×	0.8×-0.1×	0.9×0.0×	0.9×0.0×
Debt-to-assets	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×
Net debt / EBITDA	1.8×+0.2×	1.7×+0.2×	1.7×-0.3×	1.9×-0.1×	1.6×-0.3×
Interest coverage	10.2×+1.0×	10.3×+0.8×	9.1×-0.6×	9×-0.9×	9.2×-0.4×
Per Share
Book value per share	$36.11+19.3%	——	$34.44+3.6%	$33.28+1.0%	$30.26-9.7%
Valuation
Market capitalization	$23.92B-3.6%	$22.99B-17.0%	$23.72B-23.6%	$25.85B-12.9%	$24.82B-27.3%
Enterprise value	$29.39B+0.7%	$28.03B-12.2%	$28.41B-22.8%	$30.83B-12.2%	$29.18B-26.5%
Price / earnings	15.1×—	14.6×—	——	——	——
Price / sales	1.5×-0.1×	1.4×-0.3×	1.5×-0.6×	1.7×-0.3×	1.6×-0.6×
Price / book	3×-0.6×	2.9×-1.2×	3×-0.9×	3.4×-0.4×	3.6×-0.7×
EV / EBITDA	9.6×-1.1×	9.3×-2.2×	10.6×-2.5×	11.5×-0.8×	10.8×-3.2×
EV / sales	1.8×0.0×	1.8×-0.2×	1.8×-0.7×	2×-0.4×	1.9×-0.7×
Free cash flow yield	5.1%+2.0pp	5.1%+2.5pp	3%-1.2pp	3.1%-1.8pp	3.2%-1.6pp
Earnings yield	6.6%—	6.9%—	——	——	——
Dividend yield	2.6%+0.1pp	2.7%+0.5pp	2.6%+0.7pp	2.4%+0.4pp	2.5%+0.7pp

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Questions, answered.

What are PPG Industries's profit margins?: PPG Industries (PPG) runs a 41.4% gross margin and a 16.6% operating margin, with a 9.8% net margin.
Where do PPG Industries's ratios come from?: Every ratio is computed from PPG Industries's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.