PPG Income Before Tax from 2010 to 2024

PPG Stock  USD 122.65  0.03  0.02%   
PPG Industries' Income Before Tax is increasing over the last several years with stable swings. Income Before Tax is predicted to flatten to about 1.2 B. During the period from 2010 to 2024 PPG Industries Income Before Tax regressed destribution of quarterly values had coefficient of variationof  26.77 and r-value of  0.28. View All Fundamentals
 
Income Before Tax  
First Reported
1989-09-30
Previous Quarter
693 M
Current Value
611 M
Quarterly Volatility
181.5 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PPG Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PPG Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 461.7 M, Interest Expense of 259.4 M or Total Revenue of 11.6 B, as well as many indicators such as Price To Sales Ratio of 1.05, Dividend Yield of 0.0283 or PTB Ratio of 2.45. PPG financial statements analysis is a perfect complement when working with PPG Industries Valuation or Volatility modules.
  
Check out the analysis of PPG Industries Correlation against competitors.
For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.

Latest PPG Industries' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of PPG Industries over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on PPG Industries income statement and is an important metric when analyzing PPG Industries profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is PPG Industries' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PPG Industries' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

PPG Income Before Tax Regression Statistics

Arithmetic Mean1,466,115,111
Geometric Mean1,400,296,548
Coefficient Of Variation26.77
Mean Deviation288,543,882
Median1,489,000,000
Standard Deviation392,490,598
Sample Variance154048.9T
Range1.5B
R-Value0.28
Mean Square Error153110.6T
R-Squared0.08
Significance0.32
Slope24,366,738
Total Sum of Squares2156684.2T

PPG Income Before Tax History

20241.2 B
20231.7 B
20221.4 B
20211.8 B
20201.4 B
20191.7 B
20181.7 B

About PPG Industries Financial Statements

PPG Industries stakeholders use historical fundamental indicators, such as PPG Industries' Income Before Tax, to determine how well the company is positioned to perform in the future. Although PPG Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in PPG Industries' assets and liabilities are reflected in the revenues and expenses on PPG Industries' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in PPG Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax1.7 B1.2 B

Currently Active Assets on Macroaxis

When determining whether PPG Industries is a strong investment it is important to analyze PPG Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PPG Industries' future performance. For an informed investment choice regarding PPG Stock, refer to the following important reports:
Check out the analysis of PPG Industries Correlation against competitors.
For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PPG Industries. If investors know PPG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PPG Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.117
Dividend Share
2.63
Earnings Share
6.3
Revenue Per Share
76.764
Quarterly Revenue Growth
(0.01)
The market value of PPG Industries is measured differently than its book value, which is the value of PPG that is recorded on the company's balance sheet. Investors also form their own opinion of PPG Industries' value that differs from its market value or its book value, called intrinsic value, which is PPG Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PPG Industries' market value can be influenced by many factors that don't directly affect PPG Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PPG Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if PPG Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPG Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.