PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company's Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft. It also provides coatings and finishes for the protection of metals and structures, such as metal fabricators, heavy duty maintenance contractors, and manufacturers of ships, bridges, and rail cars; paints, wood stains, adhesives, and purchased sundries for painting and maintenance contractors, and consumers for decoration and maintenance of residential and commercial building structures; and paints, thermoplastics, pavement marking products, and other technologies for pavement marking. The company's Industrial Coatings segment offers coatings, adhesives and sealants, and metal pretreatments, as well as services and coatings applications for appliances, agricultural and construction equipment, consumer electronics, automotive parts and accessories, building products, kitchenware, and transportation vehicles and other finished products; and on-site coatings services. It also provides coatings for metal cans, closures, plastic tubes, and promotional and specialty packaging; amorphous precipitated silica for tire, battery separator, and other end-uses; TESLIN substrates for labels, e-passports, drivers' licenses, breathable membranes, and loyalty and identification cards; and organic light emitting diode materials, displays and lighting lens materials, optical lenses, color-change products, and photochromic dyes. The company was incorporated in 1883 and is headquartered in Pittsburgh, Pennsylvania.
Company profile
Ticker
PPG
Exchange
Website
CEO
Mr. Timothy M. Knavish
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ARKANSAS POWER & LIGHT CO, ENTERGY ARKANSAS INC
SEC CIK
Corporate docs
Subsidiaries
AIPCF V Texstars Blocker Inc. • Alpha Coatings, Inc. • Cuming Microwave Corporation • Dexmet Corporation • Dexmet Holding Corporation • Ennis Canadian Holding Company • Ennis-Flint, Inc. • Metokote Corporation • Metokote Mexico Holdings, Inc. • Polymeric Systems, Inc. ...
IRS number
250730780
PPG stock data
Latest filings (excl ownership)
8-K
PPG announces executive leadership changes
26 Sep 24
10-Q
2024 Q2
Quarterly report
19 Jul 24
8-K
PPG reports second quarter 2024 financial results
18 Jul 24
SD
Conflict minerals disclosure
30 May 24
8-K
Amendments to Articles of Incorporation or Bylaws
23 Apr 24
8-K
Kathy Fortmann joins PPG Board of Directors
22 Apr 24
10-Q
2024 Q1
Quarterly report
19 Apr 24
8-K
Other Events
18 Apr 24
8-K
PPG reports first quarter 2024 financial results
18 Apr 24
DEFA14A
Additional proxy soliciting materials
21 Mar 24
Transcripts
PPG
Earnings call transcript
2024 Q2
19 Jul 24
PPG
Earnings call transcript
2024 Q1
19 Apr 24
PPG
Earnings call transcript
2023 Q4
19 Jan 24
PPG
Earnings call transcript
2023 Q3
19 Oct 23
PPG
Earnings call transcript
2023 Q2
21 Jul 23
PPG
Earnings call transcript
2023 Q2
21 Jul 23
PPG
Earnings call transcript
2023 Q1
21 Apr 23
PPG
Earnings call transcript
2022 Q4
20 Jan 23
PPG
Earnings call transcript
2022 Q3
20 Oct 22
PPG
Earnings call transcript
2022 Q2
22 Jul 22
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.13 bn | 1.13 bn | 1.13 bn | 1.13 bn | 1.13 bn | 1.13 bn |
Cash burn (monthly) | 16.67 mm | 8.08 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 58.87 mm | 28.55 mm | n/a | n/a | n/a | n/a |
Cash remaining | 1.07 bn | 1.10 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 64.3 | 136.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
83.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1058 |
Opened positions | 112 |
Closed positions | 141 |
Increased positions | 349 |
Reduced positions | 377 |
13F shares | Current |
---|---|
Total value | 23.71 tn |
Total shares | 195.05 mm |
Total puts | 1.16 mm |
Total calls | 1.55 mm |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 28.67 mm | $3.61 tn |
BLK BlackRock | 20.73 mm | $2.61 tn |
STT State Street | 11.23 mm | $1.41 tn |
JPM JPMorgan Chase & Co. | 9.91 mm | $1.25 tn |
Wellington Management | 8.49 mm | $1.07 tn |
Massachusetts Financial Services | 7.44 mm | $936.54 bn |
Geode Capital Management | 5.44 mm | $683.41 bn |
IVZ Invesco | 4.37 mm | $549.64 bn |
AMP Ameriprise Financial | 3.79 mm | $477.62 bn |
WFC Wells Fargo & Company | 3.75 mm | $472.68 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Oct 24 | Kathy Lynn Fortmann | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 130.74 | 258.093 | 33.74 k | 473.468 |
1 Oct 24 | Michael Nally | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 130.74 | 256.641 | 33.55 k | 6,414.972 |
1 Oct 24 | Guillermo Novo | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 130.74 | 256.42 | 33.52 k | 7,319.085 |
30 Sep 24 | Kevin D. Braun | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 132.46 | 4.321 | 572.31 | 545.611 |
30 Sep 24 | Anne M. Foulkes | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 132.46 | 21.079 | 2.79 k | 341.378 |
News
Earnings Preview: PPG Indus
15 Oct 24
PPG And Shaw Industries Sign Strategic Agreement For Resinous Flooring Products, Products Will Be Available To Shaw's Customers In The Commercial Property Market Via Its Patcraft Brand
8 Oct 24
PPG Industries to Exhibit Digital & Sustainable Solutions in Frankfurt
6 Sep 24
The Analyst Landscape: 8 Takes On PPG Indus
23 Jul 24
RBC Capital Maintains Sector Perform on PPG Indus, Lowers Price Target to $139
23 Jul 24
Press releases
PPG earns top 'AAA' sustainability rating from MSCI
9 Oct 24
PPG to announce third-quarter 2024 results Oct. 16
4 Oct 24
PPG wins prestigious 2024 Supplier Excellence Award from Caterpillar Inc.
2 Oct 24
GLIDDEN Paint by PPG picks 2025 Color of the Year: Purple Basil
24 Sep 24
PPG announces two-year partnership with Foundation for Environmental Education
19 Sep 24