PPG Industries (PPG) Ratios
PPG Industries Ratios
MX:PPG's free cash flow for Q3 2026 was $411.00M. For the 2026 fiscal year, MX:PPG's free cash flow was decreased by $-155.00M and operating cash flow was $566.00M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.62 | 1.31 | 1.47 | 1.52 | 1.42 |
| Quick Ratio | 1.22 | 0.94 | 1.09 | 1.04 | 0.97 |
| Cash Ratio | 0.44 | 0.25 | 0.30 | 0.23 | 0.21 |
| Solvency Ratio | 0.15 | 0.13 | 0.13 | 0.11 | 0.13 |
| Operating Cash Flow Ratio | 0.40 | 0.28 | 0.48 | 0.20 | 0.33 |
| Short-Term Operating Cash Flow Coverage | 2.75 | 1.51 | 7.88 | 3.08 | 173.56 |
| Net Current Asset Value | $ -6.04B | $ -5.91B | $ -6.19B | $ -6.86B | $ -8.17B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.36 | 0.33 | 0.30 | 0.37 | 0.35 |
| Debt-to-Equity Ratio | 0.99 | 0.94 | 0.84 | 1.16 | 1.19 |
| Debt-to-Capital Ratio | 0.50 | 0.49 | 0.46 | 0.54 | 0.54 |
| Long-Term Debt-to-Capital Ratio | 0.45 | 0.42 | 0.42 | 0.50 | 0.51 |
| Financial Leverage Ratio | 2.78 | 2.86 | 2.76 | 3.15 | 3.40 |
| Debt Service Coverage Ratio | 2.49 | 1.79 | 3.66 | 3.55 | 16.33 |
| Interest Coverage Ratio | 9.00 | 9.49 | 8.24 | 9.98 | 13.93 |
| Debt to Market Cap | 0.32 | 0.21 | 0.17 | 0.23 | 0.16 |
| Interest Debt Per Share | 35.96 | 28.38 | 29.01 | 33.05 | 31.93 |
| Net Debt to EBITDA | 2.04 | 1.98 | 2.08 | 3.23 | 2.59 |
| Profitability Margins | |||||
| Gross Profit Margin | 37.99% | 41.61% | 40.41% | 36.12% | 38.78% |
| EBIT Margin | 14.40% | 13.21% | 11.93% | 9.75% | 11.52% |
| EBITDA Margin | 17.73% | 16.31% | 15.09% | 12.96% | 14.86% |
| Operating Profit Margin | 13.66% | 14.43% | 12.53% | 10.67% | 10.03% |
| Pretax Profit Margin | 12.88% | 11.69% | 10.41% | 8.68% | 10.80% |
| Net Profit Margin | 9.93% | 7.04% | 7.82% | 6.57% | 8.56% |
| Continuous Operations Profit Margin | 10.00% | 8.69% | 7.77% | 6.63% | 8.58% |
| Net Income Per EBT | 77.07% | 60.26% | 75.15% | 75.72% | 79.28% |
| EBT Per EBIT | 94.28% | 80.98% | 83.05% | 81.33% | 107.65% |
| Return on Assets (ROA) | 7.13% | 5.74% | 5.87% | 4.95% | 6.74% |
| Return on Equity (ROE) | 19.85% | 16.45% | 16.22% | 15.56% | 22.89% |
| Return on Capital Employed (ROCE) | 12.61% | 15.86% | 12.26% | 10.40% | 10.17% |
| Return on Invested Capital (ROIC) | 9.33% | 10.98% | 8.92% | 7.70% | 7.97% |
| Return on Tangible Assets | 11.27% | 9.44% | 9.57% | 8.37% | 11.68% |
| Earnings Yield | 6.80% | 4.00% | 3.60% | 3.46% | 3.51% |
| Efficiency Ratios | |||||
| Receivables Turnover | 4.76 | 5.31 | 5.40 | 4.73 | 5.33 |
| Payables Turnover | 3.06 | 3.05 | 2.93 | 2.87 | 2.75 |
| Inventory Turnover | 4.93 | 5.01 | 5.00 | 4.39 | 4.74 |
| Fixed Asset Turnover | 3.44 | 3.90 | 4.04 | 3.76 | 3.88 |
| Asset Turnover | 0.72 | 0.82 | 0.75 | 0.75 | 0.79 |
| Working Capital Turnover Ratio | 6.90 | 8.08 | 6.73 | 7.00 | 8.45 |
| Cash Conversion Cycle | 31.50 | 21.85 | 15.79 | 33.30 | 12.97 |
| Days of Sales Outstanding | 76.70 | 68.76 | 67.58 | 77.21 | 68.47 |
| Days of Inventory Outstanding | 74.01 | 72.83 | 72.94 | 83.14 | 77.04 |
| Days of Payables Outstanding | 119.21 | 119.73 | 124.72 | 127.05 | 132.54 |
| Operating Cycle | 150.71 | 141.59 | 140.51 | 160.35 | 145.51 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 8.58 | 6.07 | 10.22 | 4.08 | 6.57 |
| Free Cash Flow Per Share | 5.14 | 2.99 | 8.03 | 2.02 | 5.01 |
| Dividend Paid and CapEx Coverage Ratio | 1.38 | 1.06 | 2.16 | 0.91 | 1.72 |
| Capital Expenditure Coverage Ratio | 2.49 | 1.97 | 4.67 | 1.98 | 4.21 |
| Operating Cash Flow Coverage Ratio | 0.25 | 0.22 | 0.37 | 0.13 | 0.21 |
| Operating Cash Flow to Sales Ratio | 0.12 | 0.09 | 0.15 | 0.06 | 0.09 |
| Free Cash Flow Yield | 5.02% | 2.50% | 5.37% | 1.61% | 2.91% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 14.72 | 25.04 | 27.79 | 28.93 | 28.47 |
| Price-to-Sales (P/S) Ratio | 1.46 | 1.76 | 2.17 | 1.90 | 2.44 |
| Price-to-Book (P/B) Ratio | 2.92 | 4.12 | 4.51 | 4.50 | 6.52 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 19.94 | 39.95 | 18.62 | 62.24 | 34.40 |
| Price-to-Operating Cash Flow Ratio | 11.95 | 19.67 | 14.64 | 30.83 | 26.23 |
| Price-to-Earnings Growth (PEG) Ratio | 0.32 | -2.21 | 1.17 | -1.03 | 0.80 |
| Enterprise Value Multiple | 10.28 | 12.79 | 16.48 | 17.90 | 19.00 |
| Enterprise Value | 28.92B | 33.05B | 40.40B | 36.22B | 47.43B |
| EV to EBITDA | 10.28 | 12.79 | 16.48 | 17.90 | 19.00 |
| EV to Sales | 1.82 | 2.09 | 2.49 | 2.32 | 2.82 |
| EV to Free Cash Flow | 24.87 | 47.29 | 21.32 | 75.94 | 39.83 |
| EV to Operating Cash Flow | 14.90 | 23.28 | 16.76 | 37.61 | 30.37 |
| Tangible Book Value Per Share | -0.10 | -2.78 | -1.50 | -7.55 | -11.03 |
| Shareholders’ Equity Per Share | 35.09 | 29.02 | 33.19 | 27.92 | 26.46 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.22 | 0.26 | 0.25 | 0.24 | 0.21 |
| Revenue Per Share | 70.15 | 67.77 | 68.82 | 66.13 | 70.72 |
| Net Income Per Share | 6.96 | 4.77 | 5.38 | 4.35 | 6.06 |
| Tax Burden | 0.77 | 0.60 | 0.75 | 0.76 | 0.79 |
| Interest Burden | 0.89 | 0.88 | 0.87 | 0.89 | 0.94 |
| Research & Development to Revenue | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| SG&A to Revenue | 0.22 | 0.21 | 0.22 | 0.19 | 0.23 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.22 | 1.03 | 1.91 | 0.93 | 1.08 |
Currency in USD