PPG
PPG IndustriesPrevious close
119.52
Change
−0.48 / −0.40%
P/E (TTM) ?
16.9
Market Cap
$26.3B
1M
+14.56%
S&P 500 −0.91% over same period
Volume / Avg Volume
2.0M / 2.1M
0.97× average
Latest earnings analysisFY2026 Q2Reported 2026-07-28
PPG Q2 2026: sales up 7.2%, adjusted EPS $2.23 misses, guidance kept
PPG grew revenue 7.2% to $4.50 billion, but adjusted EPS of $2.23 landed below the $2.28 consensus and gross margin slipped to 40.2% from 42.0%. Management reaffirmed full-year adjusted EPS guidance of $7.70 to $8.10 while pointing to a flat-to-down third-quarter EBITDA margin. Read this as a demand-and-pricing story with a margin problem rather than a weak top line.
Read the full analysis →Revenue$4.50BYoY +7.20%
EPS (non-GAAP)$2.23Missest. $2.28
Next-day move−6.03%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-28 | $4.5B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-15 | $3.9B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-01-27 | $15.9B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-28 | $4.1B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-29 | $4.2B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-30 | $3.7B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 17 of its 5-year rangeCheap
5-year range 15.2 – 26.7 · Median 22.7
Last 4 quarters: $425M in buybacks + $642M in dividends, 4.05% of market cap combined
P/E (TTM)
16.9
P/B
3.2
P/S
1.6
Dividend Yield
1.91%
Earnings Reaction
Over the last 6 reports, the stock moved ±4.1% on average on the first trading day after, rising 2 times
Most recent −6.03%
Volatility & Correlation
1-year beta 1.03 · Correlation with S&P 500 0.44Tracks the market
Annualized volatility 30% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 1 · $0.00MSell 0 · $0.00MNet buying $0.00M
- 09-11Hefel Juliane M.Sr. VP, Ind Coatings & Sp ProdBuy$0.00M13.382 shares · 2 trades · Avg price 105.31
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 4.35 | +6.6% | 40.5% | 0.45 | 2.02 |
| FY2026 Q2 | 4.50 | +7.2% | 40.2% | 0.44 | 1.95 |
| FY2026 Q1 | 3.93 | +6.7% | 42.1% | 0.38 | 1.70 |
| FY2025 Q4 | 3.91 | +5.0% | 40.8% | 0.30 | 1.33 |
| FY2025 Q3 | 4.08 | +1.2% | 40.6% | 0.45 | 2.00 |
| FY2025 Q2 | 4.20 | −0.9% | 42.0% | 0.45 | 1.98 |
| FY2025 Q1 | 3.68 | −4.3% | 41.9% | 0.37 | 1.63 |
| FY2024 Q4 | 3.73 | +59.0% | 40.6% | -0.28 | -1.18 |
| FY2024 Q3 | 4.03 | −13.2% | 40.9% | 0.47 | 2.00 |
| FY2024 Q2 | 4.24 | −13.1% | 42.1% | 0.53 | 2.24 |
| FY2024 Q1 | 3.85 | −12.1% | 42.7% | 0.40 | 1.69 |
| FY2023 Q4 | 2.35 | +9.3% | 37.6% | 0.09 | 0.39 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| PPG | 16.9 | +6.6% | 40.5% | +14.56% | Neutral |
| LIN | 32.0 | +9.2% | — | +8.34% | Bullish |
| NEM | 12.5 | +15.2% | — | −7.57% | Bullish |
| FCX | 30.5 | −8.1% | 30.0% | −10.76% | Bullish |
| ECL | 41.0 | +12.7% | 44.1% | +10.34% | Bullish |
| SHW | 29.9 | +7.9% | 47.8% | +2.89% | Bullish |
| APD | — | +4.6% | 32.8% | +13.73% | Neutral |
| NUE | 17.1 | +23.0% | 19.6% | +17.16% | Bullish |
| CRH | 15.6 | +3.0% | 38.8% | +9.67% | Bullish |