PPG Industries, Inc. (N:PPG)
Business Focus: Paint & Coating
| Sector: Basic Materials | Industry: Commodity Chemicals |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | One Ppg Pl 40 East PITTSBURGH PA 15272 |
| Tel: | 1-412-4343466 |
| Website: | https://www.ppg.com |
| IR: | See website |
| Key People | ||
| Timothy M. Knavish Chairman of the Board, President, Chief Executive Officer | Vincent J. Morales Chief Financial Officer, Senior Vice President | Anne M. Foulkes Senior Vice President, General Counsel |
| Kevin D. Braun Senior Vice President - Industrial Coatings Segment | Amy R. Ericson Senior Vice President - Protective and Marine Coatings | Chancey E. Hagerty Senior Vice President - Automotive Refinish Coatings |
| Ramaparasad Vadlamannati Senior Vice President - Global Operations | Brian R. Williams Vice President, Controller | |
| Business Overview |
| PPG Industries, Inc. manufactures and distributes a range of paints, coatings, and specialty materials. The Company operates through two segments: Performance Coatings and Industrial Coatings. The Performance Coatings segment primarily supplies a variety of protective and decorative coatings, adhesives, sealants and finishes along with pavement marking products, paint strippers, stains and related chemicals, transparencies, transparent armor, and paint films. The Industrial Coatings segment primarily supplies a variety of protective and decorative coatings and finishes along with adhesives, sealants, metal pretreatment products, optical monomers and coatings, low-friction coatings, precipitated silicas, and other specialty materials. The Company's Performance Coatings brands include PPG, GLIDDEN, COMEX, OLYMPIC, DULUX, SIGMA, HISTOR, SEIGNEURIE, PEINTURES GAUTHIER, and JOHNSTONE'S, among others. Its Industrial Coatings brands include PPG and TESLIN. |
| Financial Overview |
| For the three months ended 31 March 2024, PPG Industries, Inc. revenues decreased 2% to $4.31B. Net income increased 52% to $400M. Revenues reflect Industrial Coatings segment decrease of 3% to $1.7B, Performance Coatings segment decrease of 1% to $2.61B, Europe, Middle East and Africa ("EMEA") segment decrease of 5% to $1.36B, United States and Canada segment decrease of 2% to $1.74B. |
| Employees: | 53,000 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $35,735M as of Mar 31, 2024 |
| Annual revenue (TTM): | $18,177M as of Mar 31, 2024 |
| EBITDA (TTM): | $2,949M as of Mar 31, 2024 |
| Net annual income (TTM): | $1,406M as of Mar 31, 2024 |
| Free cash flow (TTM): | $976.00M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $5,016M as of Mar 31, 2024 |
| Shares outstanding: | 234,500,000 as of Mar 31, 2024 |
| Index Membership: | S&P 500 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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