PPG Historical Income Statement

PPG Stock  USD 122.65  0.03  0.02%   
Historical analysis of PPG Industries income statement accounts such as Other Operating Expenses of 10 B, Operating Income of 1.4 B, EBIT of 1.4 B or Ebitda of 1.9 B can show how well PPG Industries performed in making a profits. Evaluating PPG Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of PPG Industries's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining PPG Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether PPG Industries is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PPG Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.

About PPG Income Statement Analysis

PPG Industries Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to PPG Industries shareholders. The income statement also shows PPG investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

PPG Industries Income Statement Chart

At this time, PPG Industries' Non Operating Income Net Other is most likely to increase significantly in the upcoming years. The PPG Industries' current Interest Income is estimated to increase to about 147 M, while Total Revenue is projected to decrease to roughly 11.6 B.

Total Revenue

Total revenue comprises all receipts PPG Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of PPG Industries. It is also known as PPG Industries overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from PPG Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of PPG Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on PPG Industries income statement and represents the costs associated with goods and services PPG Industries provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from PPG Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into PPG Industries current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PPG Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.At this time, PPG Industries' Non Operating Income Net Other is most likely to increase significantly in the upcoming years. The PPG Industries' current Interest Income is estimated to increase to about 147 M, while Total Revenue is projected to decrease to roughly 11.6 B.
 2021 2022 2023 2024 (projected)
Gross Profit6.5B6.6B7.5B4.6B
Total Revenue16.8B17.7B18.2B11.6B

PPG Industries income statement Correlations

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0.130.15-0.01-0.1-0.010.170.060.070.05-0.16-0.01-0.53-0.350.28-0.06-0.24-0.34-0.080.050.08-0.17-0.140.26-0.25-0.34
-0.6-0.01-0.41-0.44-0.47-0.61-0.39-0.44-0.37-0.41-0.370.440.15-0.32-0.47-0.230.840.55-0.430.13-0.170.220.260.290.23
-0.14-0.110.020.06-0.060.080.40.310.0-0.090.530.310.290.72-0.160.070.220.130.35-0.27-0.140.220.0-0.140.65
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-0.37-0.23-0.140.0-0.14-0.08-0.39-0.4-0.230.21-0.410.46-0.01-0.290.270.160.360.17-0.560.29-0.250.29-0.14-0.240.39
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PPG Industries Account Relationship Matchups

PPG Industries income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization511M547M605M567M604M461.7M
Interest Expense132M138M121M167M247M259.4M
Total Revenue15.1B13.8B16.8B17.7B18.2B11.6B
Gross Profit6.5B6.1B6.5B6.6B7.5B4.6B
Other Operating Expenses13.4B12.4B14.9B16.2B15.5B10.0B
Operating Income1.7B1.8B1.8B1.7B2.8B1.4B
Ebit2.0B1.5B2.0B1.8B2.0B1.4B
Ebitda2.5B2.1B2.6B2.4B2.6B1.9B
Cost Of Revenue8.7B7.8B10.3B11.1B10.7B7.0B
Total Operating Expenses4.5B4.3B4.8B4.8B4.8B3.1B
Income Before Tax1.7B1.4B1.8B1.4B1.7B1.2B
Total Other Income Expense Net(308M)(425M)(473M)(318M)(1.0B)(984.2M)
Net Income1.2B1.1B1.4B1.0B1.3B890.6M
Income Tax Expense392M291M374M325M439M354.4M
Selling General Administrative3.6B3.4B3.8B3.8B4.4B2.8B
Research Development432M379M439M448M433M401.6M
Net Income Applicable To Common Shares1.2B1.1B1.4B1.0B1.2B1.2B
Minority Interest26M15M(21M)(28M)(39M)(37.1M)
Selling And Marketing Expenses283M223M243M252M9M8.6M
Net Income From Continuing Ops1.3B1.1B1.4B1.1B1.3B1.3B
Non Recurring176M267M52M33M38.0M36.1M
Non Operating Income Net Other20M23M32M114M131.1M137.7M
Tax Provision392M291M374M325M439M306.1M
Interest Income20M23M32M113M140M147M
Extraordinary Items0.03M19M(2M)(1.8M)(1.7M)
Net Interest Income(95M)(100M)(115M)(113M)(107M)(112.4M)
Reconciled Depreciation511M509M561M554M558M573.6M

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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PPG Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.