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PPG Industries PPG Return on equity

Return on equity at other companies

3M logo
3MMMM
72.1%-21.3pp
Sherwin-Williams logo
Sherwin-WilliamsSHW
60.7%-9.5pp
DuPont de Nemours, Inc. logo
DuPont de Nemours, Inc.DD
-0.2%-0.1pp
Dow logo
DowDOW
-16.7%-18.8pp
Nordson logo
NordsonNDSN
17.1%+1.6pp
Carpenter Technology logo
Carpenter TechnologyCRS
24.9%+3.1pp

Other financials

Income statement

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Revenue$3.9B+6.7%
Gross profit$1.7B+7.3%
Operating income$636.0M+4.8%
Net income$382.0M+2.4%
EPS (diluted)$1.70+4.3%

Balance sheet

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Cash & equivalents$1.6B-14.0%
Total debt$7.0B+13.7%
Total equity$8.1B+17.0%
Total assets$22.2B+4.8%

Cash flow

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Operating cash flow$33.0M+283%
CapEx$196.0M-6.2%
Free cash flow-$163.0M+28.2%

Valuation

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Market cap$26.11B-3.6%
Enterprise value$31.58B+0.7%
P/E16.5×
P/S1.6×-0.1×

Profitability

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Gross margin41.4%0.0pp
Operating margin16.6%
Net margin9.8%

Returns & leverage

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Debt / equity0.9×0.0×
Current ratio1.6×+0.3×

Where this comes from

Calculated from PPG Industries’s reported figures.

Based on trailing twelve months.

The official record: PPG Industries’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PPG Industries's return on equity?
PPG Industries (PPG) reported return on equity of 21.1% in Q1 2026.
What is the long-term trend for PPG Industries's return on equity?
Over 2 years (2021 to 2023), PPG Industries's return on equity has grown at a -12.1% compound annual growth rate (CAGR), from 98.8% to 76.4%.
What does return on equity mean?
How much profit the company earns on the money shareholders have invested.
How do you interpret return on equity?
Higher is better, but very high ROE can be manufactured by leverage — a thin equity base inflates the ratio. Read it next to debt-to-equity and ROIC to tell genuine returns from balance-sheet engineering.
How does return on equity compare across companies?
Comparable across peers, with the leverage caveat. Negative or near-zero equity makes ROE meaningless, so it is suppressed there.