Company Overview - PPG Industries is headquartered in Pittsburgh and operates in the Basic Materials sector, specifically in paint and coatings [3] - The company's stock has experienced a price change of -0.98% this year [3] Dividend Information - PPG Industries currently pays a dividend of $0.68 per share, resulting in a dividend yield of 2.3%, which is higher than the Chemical - Specialty industry's yield of 0.94% and the S&P 500's yield of 1.52% [3] - The annualized dividend of $2.72 has increased by 2.3% from the previous year [4] - Over the past 5 years, PPG Industries has raised its dividend 5 times, achieving an average annual increase of 5.96% [4] - The current payout ratio is 34%, indicating that the company pays out 34% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for PPG's earnings in 2025 is $7.89 per share, reflecting a year-over-year earnings growth rate of 0.25% [5] Investment Considerations - PPG Industries is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [6] - The company is positioned well for income investors, especially compared to tech start-ups or growth businesses that typically do not offer dividends [6]

Key Takeaways PPG Industries, Inc. (PPG) recently highlighted innovations in paints, coatings and specialty products at the Coatings Innovation Center in Allison Park, PA. The company focused on exhibiting advancements in innovative and sustainable solutions that will enhance customer productivity and accelerate its organic growth. PPG highlighted innovations, a few of which have been award-winning technologies and systems, like its Precision Application automotive OEM overspray-free coating system and the ...

A month has gone by since the last earnings report for PPG Industries (PPG) . Shares have added about 1.6% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is PPG Industries due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?It tu ...

PPG Industries, Inc. (PPG) recently announced the launch of its new powder coatings, PPG EnviroLuxe Plus, which include up to 18% post-industrial recycled plastic (rPET). The product has combined the benefits of rPET in a formulation that is made without PFAS. The solution, being versatile, is expected to meet diverse application needs.PPG EnviroLuxe Plus powder coatings can achieve up to a 30% reduction in carbon footprint compared with traditional durable powder as a result of polytetrafluoroethylene fluo ...

PPG Industries, Inc. (PPG) confirmed that it will feature total-system solutions for electric-vehicle battery packs at The Battery Show Europe. The event is set to take place from June 3 to June 5 at the Messe Stuttgart exhibition center.The show will enable the visitors to discover how the company’s advanced coatings EV total system solutions drive innovation, enhance performance and mitigate thermal runaway while increasing manufacturing efficiency through automated application processes. PPG will utilize ...

PPG Industries, Inc. (PPG) recently announced the launch of new clearcoat products for the value-focused and premium collision repair segments in U.S. markets. The offerings will enable enhanced performance and productivity for bodyshops.The new launch includes two products, PPG Super Value SC300 Series and PPG DELTRON NXT DC7020 Premium Glamour Speed Clearcoat. The Super Value Series offers a fast-drying, reliable and cost-effective solution. The DELTRON NXT DC7020 delivers high-efficiency, high-quality re ...

PPG Industries, Inc. (PPG) recently confirmed that it will invest $380 million in the construction of a new aerospace coatings and sealants manufacturing facility in Shelby, NC. It is scheduled to begin in October 2025 and expected to be completed in the first half of 2027.In the facility, more than 110 people are expected to be employed to meet the growing demands of the aerospace industry by producing the full line of PPG’s aerospace coatings and sealants. The additional capacity from this 198,000-square- ...

Core Insights - The article compares H. B. Fuller (FUL) and PPG Industries (PPG) to determine which stock offers better value opportunities for investors [1] Valuation Metrics - H. B. Fuller has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while PPG Industries has a Zacks Rank of 3 (Hold) [3] - FUL's forward P/E ratio is 13.32, compared to PPG's forward P/E of 14.04, suggesting FUL may be undervalued [5] - FUL has a PEG ratio of 0.84, indicating better value relative to its expected earnings growth, while PPG's PEG ratio is 2.50 [5] - FUL's P/B ratio is 1.64, significantly lower than PPG's P/B of 3.53, further indicating FUL's relative undervaluation [6] - Based on these metrics, FUL holds a Value grade of B, while PPG has a Value grade of C [6] Earnings Outlook - FUL is noted for its improving earnings outlook, which enhances its attractiveness in the Zacks Rank model [7]

高性能涂料部门实现了9%的有机销售增长，一些业务的增长高于市场价格，包括汽车修补漆和交通解决方案，以及航空航天涂料、保护和船舶涂料业务 的两位数百分比增长。PPG表示，这些结果强化了我们的积极增长势头。本季度， 我们在亚太地区实现了有机销售同比增长，在六个季度的下降或持平 之后，我们在美国的份额增长和工业生产改善的推动下实现了 4%的有机销售增长。欧洲的有机销售下降了1%，这与前几个季度相比是一个显著的改善， 因为该地区对我们产品的需求正在稳定。此外，我们在中国、印度、巴西和越南的销售也在稳步增长。 PPG表示， 今年第一季度，工业涂料业务在各地区的销量都实现了正增长。这部分被建筑涂料需求的疲软以及美国和欧洲软性汽车原始设备制造商 （OEM）的持续生产所抵消。我们的资产负债表保持强劲，与我们的传统一致，我们仍然专注于股东价值创造。在本季度，该公司回购了约 4亿美元的股 票。PPG合并后的业务部门的EBITDA业务的总利润率为19.4%，比去年第一季度下降了80个基点。 PPG表示， 我们正开始从我们为优化和集中我们投资组合所采取的行动中获益。公司的有机增长力量的发展和对创新的战略投资正在推动积极的势头。 公司 ...

Financial Performance - Net sales for the three months ended March 31, 2025, were approximately $3.7 billion, a decrease of 4.3% compared to the prior year, primarily due to unfavorable foreign currency translation and divestitures [116]. - Income before income taxes was $502 million, a decrease of $40 million year-over-year, mainly due to foreign currency translation impacts and cost inflation [117]. - The effective tax rate for the three months ended March 31, 2025, was 24.3%, compared to 23.6% in the prior year [126]. - Earnings per diluted share from continuing operations decreased to $1.64, down 4.1% from $1.71 in the prior year [126]. Segment Performance - Global Architectural Coatings net sales decreased by 11.3% to $857 million, with segment income down 28.9% to $118 million [131]. - Performance Coatings net sales increased by 6.8% to $1.265 billion, with segment income rising 9.2% to $274 million [138]. - Industrial Coatings segment net sales decreased by 8.1% to $1,562 million in Q1 2025 compared to $1,699 million in Q1 2024 [146]. - Automotive OEM coatings organic sales decreased by a mid-single-digit percentage in Q1 2025 due to lower sales volumes and indexed-based selling prices [147]. - Packaging coatings organic sales increased by a low single-digit percentage compared to the prior year, driven by higher sales volumes in Europe, Latin America, and Asia Pacific [149]. - Specialty coatings and materials organic sales increased by a mid-single-digit percentage compared to Q1 2024, with segment income at $215 million, a decrease of 14% year-over-year [150]. Sales Expectations - Organic sales in the Performance Coatings segment are expected to continue growing in the second quarter of 2025, driven by industry growth and share gains [141]. - The company anticipates aggregate organic sales for the Global Architectural Coatings segment to be flat to a low single-digit percentage increase compared to the second quarter of 2024 [137]. - In the second quarter, aggregate organic sales for the aerospace coatings and protective and marine coatings segments are expected to increase by a low to mid-single-digit percentage compared to Q2 2024 [144]. Cash and Investments - Cash and short-term investments totaled $1.9 billion as of March 31, 2025, up from $1.4 billion at December 31, 2024 [154]. - Cash used for operating activities in Q1 2025 was $16 million, compared to cash from operating activities of $7 million in Q1 2024, reflecting unfavorable changes in working capital [155]. Capital Expenditures and Restructuring - Total capital spending is expected to be approximately $725 million to $775 million in 2025 to support future organic growth opportunities [159]. - The Company expects total restructuring savings of $75 million in 2025, with cash outlays related to these actions projected at approximately $100 million [166]. Debt and Financial Risk - As of March 31, 2025, the Total Indebtedness to Total Capitalization ratio was 50%, within the required limit of 60% [163]. - As of March 31, 2025, PPG had non-U.S. dollar denominated borrowings of $4.8 billion, up from $3.3 billion as of December 31, 2024 [181]. - The fair value of foreign currency forward contracts was a net liability of $31 million as of March 31, 2025, compared to $53 million as of December 31, 2024 [179]. - A 10% increase in the value of the euro to the U.S. dollar would reduce the fair value of PPG's cross currency swap contracts by $36 million as of March 31, 2025 [180]. - A weakening of the U.S. dollar by 10% against European currencies would result in unrealized translation losses of $530 million at March 31, 2025 [181]. - PPG's interest rate swaps converted $375 million of fixed rate debt to variable rate debt, with fair values of liabilities at $11 million as of March 31, 2025 [182]. - An increase in variable interest rates of 10% would increase annual interest expense by $4 million for the period ended March 31, 2025 [182]. - The potential reduction in PPG's income before income taxes from adverse changes in exchange rates was $479 million for the three months ended March 31, 2025 [179]. - The fair value of cross currency swap contracts was a net asset of $39 million as of March 31, 2025, down from $50 million as of December 31, 2024 [180]. - A 10% increase in interest rates in the U.S., Canada, Mexico, and Europe would increase annual interest expense by $4 million [182]. - There were no material changes in the Company's exposure to market risk from December 31, 2024, to March 31, 2025 [183].