PPG Industries, Inc. (PPG)

From the record

PPG Industries, Inc.'s filings since 2017 show 4 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2018-05-22); a warning not to rely on past financial statements (8-K item 4.02, 2 times, the latest 2018-06-28); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2018-05-10) (its current reports).

From the record

PPG Industries, Inc.'s 10 filed years say what it did: revenue went from $14 billion in fiscal 2016 to $16 billion in fiscal 2025, up 1.2% a year; it rose in 5 of 9 years; the deepest fall was 10% from fiscal 2018 to fiscal 2020; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, PPG Industries, Inc.'s diluted share count shrank about 1.5% a year, and dividends and buybacks returned about 60% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 9 sales (3 under scheduled 10b5-1 plans) and 4 purchases of their own stock on the open market in the year to 2026-11-12, buying about $3 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, PPG Industries, Inc. earned about 19 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 30 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 63 cents per dollar of assets, and net share issuance: its share count shrank 3.3% over the year (the filed statements).

From the record

PPG Industries, Inc.'s standing among 15 graded names in its industry family: revenue of $16 billion in fiscal 2025 ranks in the top 18% by size; a net margin of 9.9% ranks in the top 43%; revenue growth of 0.6% a year over the last 3 filed years ranks in the bottom 43% (its annual reports).

From the record

PPG Industries, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Knavish, Timothy M (Chairman and CEO, as filed), filing under that title since 2023-01-03, 3.9 years (top 37% of its family); the 24 officers and directors filing in the last fifteen months have been on the record a median of 4.4 years (bottom 21%); 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 24 people in charge now (bottom 29%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

PPG Industries, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $2.2 billion against debt of $6.6 billion leaves -20.1% of its assets as net cash, top 30% of its family; cash from operations less capital spending is 7.3% of revenue (bottom 30%); a gross margin of 41.3% (bottom 43%); research spending of 2.7% of revenue (top 19%) (its annual report).

From the record

PPG Industries, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 0.6% a year over the last three filed years against 1.2% over all 10, slowing (top 23% of its family); the newest year grew 0.2% (bottom 37%); research spending grew -0.9% a year (bottom 25%); capital spending grew 17% a year (top 17%) (its annual reports). PPG Industries, Inc. reported 3 lines of business in fiscal 2025: Industrial Coatings at $6.5 billion (41%), Performance Coatings at $5.5 billion (35%), Global Architectural Coatings at $3.8 billion (24%); 1 of 3 grew against the year before (its annual report).

From the record

PPG Industries, Inc.'s newest year against its own record: revenue of $16 billion in fiscal 2025 came in 0.5% below the $16 billion its prior three years' pace pointed to (bottom 39% of its family); net income of $1.6 billion against a prior three-year average of $1.1 billion (top 11%); a net margin of 9.9% against 7.1% before (top 25%) (its annual reports).