PPG Industries (PPG)
NYSEMaterialsChemicals - SpecialtySnapshot 2026-11-05
$123.27-3.14%
Close 2026-11-05 · 1-day change
NYSEMaterialsChemicals - SpecialtySnapshot 2026-11-05
QuarterlyIQ Insights · PPG
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within materials on a research-validated quality screen. As of 2026-11-05.
The screen ranks PPG against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Materials names rated strong grew net income 63% of the time over the next year (vs 47% for the rest of the cohort, n=1960).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Met or beat guidance 0% of the last 1 guided quarters · -0.9% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Document Exhibit 99 News Media Contact: Greta Edgar Borza Corporate Communications +1-724-316-7552 edgar@ppg.com Investor Contact: Alex Lopez Investor Relations +1-412-434-3466 alejandrolopez@ppg.com…
Stated in 8 of 8 supplied quarters. Management reported: “Looking ahead, we expect low single-digit percentage organic growth in the fourth quarter, led by aerospace, architectural coatings in Latin America, and packaging coatings.” “Looking ahead, we expect robust organic sales growth across most of our businesses in the third quarter, with aggregate growth in the low single-digit to mid-single-digit percentage range, led by strength in aerospace, Latin American architectural coatings, and packaging coatings.”
“Document Exhibit 99 News Media Contact: Greta Edgar Borza Corporate Communications +1-724-316-7552 edgar@ppg.com Investor Contact: Alex Lopez Investor Relations +1-412-434-3466 alejandrolopez@ppg.com…”
“Document Exhibit 99 News Media Contact: Greta Edgar Borza Corporate Communications +1-724-316-7552 edgar@ppg.com Investor Contact: Alex Lopez Investor Relations +1-412-434-3466 alejandrolopez@ppg.com…”
“Document Exhibit 99 News Media Contact: Greta Edgar Borza Corporate Communications +1-724-316-7552 edgar@ppg.com Investor Contact: Alex Lopez Investor Relations +1-412-434-3466 alejandrolopez@ppg.com…”
“Despite the macroeconomic environment, we expect growth will be driven by aerospace coatings and architectural coatings in Mexico as well as share gains in our Industrial Coatings segment, resulting…”
“We are benefiting from share gains, including in the Industrial Coatings segment, with above-market growth in automotive OEM coatings, packaging coatings and industrial coatings.”
“This is due to growing benefits from share gains in our Industrial Coatings segment driving low single-digit percentage sales volume growth for the segment in the third and fourth quarters, including…”
In the second quarter we covered about 90% of the cost of goods sold inflation and expect to cover 100% by the fourth quarter, one quarter ahead of our original commitment.
Stated in 2 of 8 supplied quarters. Management reported: “In the second quarter we covered about 90% of the cost of goods sold inflation and expect to cover 100% by the fourth quarter, one quarter ahead of our original commitment.” “As a result, PPG has proactively announced price adjustments globally and across the portfolio.”
“In the second quarter we covered about 90% of the cost of goods sold inflation and expect to cover 100% by the fourth quarter, one quarter ahead of our original commitment.”
In 2025, the company's decisive actions to reduce global structural costs have yielded benefits of $75 million, and we expect incremental restructuring savings of $50 million in 2026 as we execute ou…
Stated in 5 of 8 supplied quarters. Management reported: “In 2025, the company's decisive actions to reduce global structural costs have yielded benefits of $75 million, and we expect incremental restructuring savings of $50 million in 2026 as we execute our European manufacturing consolidation and other structural cost reductions.” “As we execute our operational excellence strategy, we have made significant progress through our self-help actions and remain on pace to deliver about $75 million of restructuring savings for the year, which is incremental to other discretionary cost management savings.”
We are raising the midpoint of our full-year adjusted earnings per share outlook and narrowing the guidance range to $7.90 to $8.10.
Stated in 6 of 8 supplied quarters. Management reported: “We are raising the midpoint of our full-year adjusted earnings per share outlook and narrowing the guidance range to $7.90 to $8.10.” “We are reaffirming our full-year earnings per share guidance range of $7.70 to $8.10.”
“We are raising the midpoint of our full-year adjusted earnings per share outlook and narrowing the guidance range to $7.90 to $8.10.”
27, 2026 – PPG (NYSE:PPG) today reported financial results for the third quarter 2026.
Stated in 4 of 8 supplied quarters. Management reported: “27, 2026 – PPG (NYSE:PPG) today reported financial results for the third quarter 2026.” “In our Industrial Coatings segment, we are delivering on previously communicated share gains in all three businesses, resulting in sales volume growth of 5%.”
“27, 2026 – PPG (NYSE:PPG) today reported financial results for the third quarter 2026.”
Over the trailing year it converted 0.69x of net income into operating cash flow. Historically, Materials names rated neutral grew net income 50% of the time over the next year (vs 51% for the rest of the cohort, n=1899).
Most sensitive to the US dollar and the broad stock market.
Not enough signal to read sensitivity to Fed net liquidity (low R² over the window).
10 material management or governance events in the past 24 months, led by executive changes. Historically, Materials names rated stable grew net income 57% of the time over the next year (vs 51% for the rest of the cohort, n=1843).
Not investment advice. As of 2026-11-05.
“First Quarter 2025 Consolidated Results $ in millions, except EPS 1Q 2025 1Q 2024 YOY change Net sales (a) $3,684 $3,849 (4)% Net income (a) $375 $405 (7)% Adjusted net income (a)(b) $396 $443 (11)%…”
“Despite the macroeconomic environment, we expect to deliver organic sales growth of a low single-digit percentage for the year, with first quarter organic growth flat to slightly down and stronger re…”
“As a result, PPG has proactively announced price adjustments globally and across the portfolio.”
“In 2025, the company's decisive actions to reduce global structural costs have yielded benefits of $75 million, and we expect incremental restructuring savings of $50 million in 2026 as we execute ou…”
“As we execute our operational excellence strategy, we have made significant progress through our self-help actions and remain on pace to deliver about $75 million of restructuring savings for the yea…”
“The accelerated momentum in volume growth and execution of our self-help actions is expected to drive year-over-year EPS growth of a high single-digit percentage in the second half of the year.”
“In addition, we benefited from the acceleration of our self-help cost actions, and we are now expecting to deliver $75 million in annual savings this year, along with additional discretionary cost ma…”
“As we announced in October, we are taking decisive actions to reduce costs, including global structural costs and European manufacturing consolidations.”
“We are reaffirming our full-year earnings per share guidance range of $7.70 to $8.10.”
“We are maintaining our full-year earnings per share guidance range of $7.70 to $8.10.”
“Outlook The company anticipates that adjusted earnings per share for the full-year 2026 will be in the range of $7.70 to $8.10, which at the mid-point represents EPS growth of a mid-single-digit perc…”
“As a result, our revised full-year earnings per share guidance is $7.60 to $7.70.”
“We are reaffirming our full-year earnings per share guidance range of $7.75 to $8.05.”
“In our Industrial Coatings segment, we are delivering on previously communicated share gains in all three businesses, resulting in sales volume growth of 5%.”
“First Quarter 2026 Consolidated Results $ in millions, except EPS 1Q 2026 1Q 2025 YOY change Net sales $3,930 $3,684 +7% Net income (a) $382 $375 +2% Adjusted net income (a)(b) $411 $396 +4% EPS (a)…”
“During the quarter, we repurchased approximately $100 million of stock and $790 million for the full year, which represented approximately 3% of our outstanding shares.”