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PPG

PPG Industries

NYSEMaterialsSpecialty ChemicalsSnapshot 2026-05-08

$109.61+0.62%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, PPG has a composite score of 21.2, categorized as "mild favorable." This score is influenced by a medium confidence level of 74.8 and elevated risk, with strengths in management (72.2) and quality (75.8). The top drivers affecting the score include macroeconomic factors such as growth, inflation, labor, and rates. The analysis is provisional.

Composite +21as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
strong
Top 30% of materials cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    0.00
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
712666743689
F2 · Value
cheap
Cheapest 10% of materials cohort
Why this rank
Price
$109.61
TTM EPS
$7.67
Earnings yield
7.0%
P/E (TTM)
14.3

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
fragile
Bottom 30% cash conversion in materials cohort
Why this rank
TTM NI ($M)
1,116
TTM CFO ($M)
1,420
CFO/NI
1.27
L2

Watch

has something changed worth re-reading?
F4 · Management stability
neutral
Mid-cohort activity· see deep-dive ↓
capital friendlyTop 30% capital-friendly in materials cohort
Earnings setup · pre-print positioning
forward-looking
neutral17 analysts, 42% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $2.25 → $2.25 (+0.1% / 30d). 5 raised, 9 cut, 17 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 3 maintained. 42% of analysts rate Buy.

Price target activity

1 PT revisions / 30d. Avg target 10.5% above current price.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Maintain EPS guidancegrowthbehind0% progress
    4/28: We are maintaining our full-year earnings per share guidance range of $7.70 to $8.10.
    Why this status

    Stated in 3 of last 3 quarters. PPG has consistently maintained its full-year EPS guidance range, currently set at $7.70 to $8.10. Despite a net income drop to -$187M in 2025-Q4, the company continues to emphasize this guidance, indicating a focus on stabilizing earnings. The trajectory shows persistent statement, limited substantive delivery this quarter.

  2. 2.Organic sales growthgrowthbehind0% progressprovisional
    1/27: The company anticipates organic sales to be in the range of flat to low single-digit percentage growth for the full year.
    Why this status

    Stated in 2 of last 2 quarters. PPG's revenue decreased from $4.08B in 2025-Q3 to $3.72B in 2025-Q4, indicating challenges in achieving organic sales growth. The company continues to project flat to low single-digit growth, but the trajectory shows limited progress with declining revenue.

  3. 3.CFO transitiontalentwatchprovisional
    4/28: Jamie A. Beggs will join the Company as Senior Vice President and Chief Financial Officer, effective July 6, 2026.
    Why this status

    Newly stated in 2026-Q1. PPG announced a CFO transition with Jamie A. Beggs set to assume the role on July 6, 2026. This change comes amid financial challenges, including a net income drop to -$187M in 2025-Q4. The transition is being closely watched as it may impact future financial strategies.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
elevatedworst 12m loss −26%, typical day ±1.4%
Why this risk level

Recent vol — 30d annualized 42%; 252d 29%.

Drawdown — Max 1y −26%. Bad day move −3%.

Beta to sector ETF (XLB) 0.06 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 52/100, drawdown 49/100, beta 6/100, earnings vol .

Sector regime
headwind-10.7%sector vs S&P 500, 60d

via XLB

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite72.2 / 100
Capital allocation72
Earnings discipline74
Margin discipline88
Balance sheet70
Guidance credibility
Post-call reaction42

Met or beat guidance 0% of the last 1 guided quarters · -0.9% avg surprise

as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Maintain EPS guidance

    GrowthNew since 2026-05-04

    PPG aims to maintain its full-year EPS guidance range of $7.70 to $8.10.

    Behind

    Stated in 3 of last 3 quarters. PPG has consistently maintained its full-year EPS guidance range, currently set at $7.70 to $8.10. Despite a net income drop to -$187M in 2025-Q4, the company continues to emphasize this guidance, indicating a focus on stabilizing earnings. The trajectory shows persistent statement, limited substantive delivery this quarter.

    0%
    CEO/CFO:We are maintaining our full-year earnings per share guidance range of $7.70 to $8.10.
    Multiple sourcesSource dated 2026-04-28Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2026-Q1Multiple sources

      We are maintaining our full-year earnings per share guidance range of $7.70 to $8.10.

    • 2025-Q4Multiple sources

      our revised full-year earnings per share guidance is $7.60 to $7.70.

    • 2025-Q3Multiple sources

      we are reaffirming our full-year earnings per share guidance range of $7.75 to $8.05.

  • #2

    Organic sales growth

    GrowthNew since 2026-05-04

    PPG anticipates organic sales to grow in the range of flat to low single-digit percentage for the full year.

    Behind

    Stated in 2 of last 2 quarters. PPG's revenue decreased from $4.08B in 2025-Q3 to $3.72B in 2025-Q4, indicating challenges in achieving organic sales growth. The company continues to project flat to low single-digit growth, but the trajectory shows limited progress with declining revenue.

    0%
    CEO/CFO:The company anticipates organic sales to be in the range of flat to low single-digit percentage growth for the full year.
    Multiple sourcesSource dated 2026-01-27Stated 2 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (2)
    • 2026-Q1Multiple sources

      The company anticipates organic sales to be in the range of flat to low single-digit percentage growth for the full year.

    • 2025-Q4Multiple sources

      the company indicated it expects both second quarter organic sales and adjusted earnings per share in the range of flat to low single-digit percentage growth.

  • #3

    CFO transition

    TalentNew since 2026-05-04

    PPG announced a transition in the CFO position, effective July 6, 2026.

    Watch

    Newly stated in 2026-Q1. PPG announced a CFO transition with Jamie A. Beggs set to assume the role on July 6, 2026. This change comes amid financial challenges, including a net income drop to -$187M in 2025-Q4. The transition is being closely watched as it may impact future financial strategies.

    No score
    CEO/CFO:Jamie A. Beggs will join the Company as Senior Vice President and Chief Financial Officer, effective July 6, 2026.
    Multiple sourcesSource dated 2026-04-28Stated 1 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (1)
    • 2026-Q1Multiple sources

      Jamie A. Beggs will join the Company as Senior Vice President and Chief Financial Officer, effective July 6, 2026.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
higher = cheaper

Not enough peers to compare yet.

Compared to its own history
97higher = cheaper

Cheaper than its own typical valuation.

P/E
14.2x
EV/EBITDA
7.6x
FCF yield
5.0%

P/E over the last 5 years

71 monthly points
inexpensiveas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
PPG
PPG Industries
+21inexpensiveelevated
LIN
Linde plc
+24inexpensivemoderate
NEM
Newmont
+17inexpensiveelevated
FCX
Freeport-McMoRan
+6.4elevated
SHW
Sherwin-Williams
+18inexpensivemoderate
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.4%
A bad day (95th %ile)
A rough but not unusual down day.
-3.0%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-25.7%
Earnings-day move
How much price usually moves on earnings day.
elevatedas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If materials sector trend rises from +0.10 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently REAFFIRMED as of 2026-04-28)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently REAFFIRMED as of 2026-04-28)-8.0 pts
  • If materials sector trend falls from +0.10 into 'weakening' (<= -0.20)-5.0 pts
  • If growth state reverses from +0.25 (positive) to -0.25 (negative)-3.5 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-2810d agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 28, 2026, PPG Industries, Inc. (the “Company”) issued a press release announcing that Jamie A. Beggs will join the Company as Senior Vice President and Chief Financial Officer, effective July 6, 2026 upon the previously reported retirement of Vincent J. Morales which will also be effective July 6, 2026. Ms. Beggs, 49, has served as Senior…

    executive changeneutralscore 63
  2. 2026-04-2117d agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 15, 2026, the Human Capital Management and Compensation Committee (the “Committee”) of the Board of Directors of PPG Industries, Inc. (the “Company”) approved grants of performance-based Market Stock Unit awards (“MSUs”) to certain of the Company’s executive officers, including K. Henrik Bergstrom and Kevin Braun. Timothy Knavish and Vince…

    executive changeneutralscore 54
  3. 2026-04-2810d agoItem 2.02

    shall in no way be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, except if PPG specifically incorporates it by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act.

    earnings preannouncementneutralscore 52
  4. 2026-04-1523d agoItem 2.02

    shall in no way be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, except if the Company specifically incorporates it by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act.

    earnings preannouncementneutralscore 39
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-19 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.