PPG Gross Profit vs Total Revenue Analysis
PPG Stock | USD 122.65 0.03 0.02% |
PPG Industries financial indicator trend analysis is much more than just breaking down PPG Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PPG Industries is a good investment. Please check the relationship between PPG Industries Gross Profit and its Total Revenue accounts. 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.
Gross Profit vs Total Revenue
Gross Profit vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PPG Industries Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between PPG Industries' Gross Profit and Total Revenue is 0.96. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of PPG Industries, assuming nothing else is changed. The correlation between historical values of PPG Industries' Gross Profit and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of PPG Industries are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., PPG Industries' Gross Profit and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of PPG Industries minus its cost of goods sold. It is profit before PPG Industries operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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.Most indicators from PPG Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Enterprise Value is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.5B | 6.6B | 7.5B | 4.6B | Total Revenue | 16.8B | 17.7B | 18.2B | 11.6B |
PPG Industries fundamental ratios Correlations
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PPG Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PPG Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.3B | 19.6B | 21.4B | 20.7B | 21.6B | 11.7B | |
Short Long Term Debt Total | 5.2B | 5.9B | 6.8B | 7.6B | 6.9B | 7.2B | |
Other Current Liab | 196M | 1.0B | 374M | 1.5B | 1.6B | 1.7B | |
Total Current Liabilities | 4.4B | 4.8B | 4.7B | 4.7B | 5.1B | 3.2B | |
Total Stockholder Equity | 5.3B | 5.7B | 6.3B | 6.6B | 7.8B | 8.2B | |
Property Plant And Equipment Net | 3.8B | 4.0B | 4.3B | 4.2B | 4.5B | 3.3B | |
Net Debt | 4.0B | (1.6B) | (813M) | 6.5B | 5.4B | 5.6B | |
Retained Earnings | 18.9B | 19.5B | 20.4B | 20.8B | 21.5B | 22.6B | |
Cash | 1.2B | 1.8B | 1.0B | 1.1B | 1.5B | 1.6B | |
Non Current Assets Total | 11.5B | 12.8B | 14.6B | 13.6B | 14.2B | 7.5B | |
Non Currrent Assets Other | (10.8B) | 685M | 742M | 583M | 584M | 295.5M | |
Cash And Short Term Investments | 1.3B | 1.9B | 1.1B | 1.2B | 1.6B | 834.9M | |
Net Receivables | 2.8B | 2.7B | 3.2B | 3.3B | 3.3B | 2.2B | |
Common Stock Shares Outstanding | 238.2M | 237.9M | 239.4M | 237.3M | 237.2M | 277.3M | |
Liabilities And Stockholders Equity | 14.3B | 19.6B | 21.4B | 20.7B | 21.6B | 11.5B | |
Non Current Liabilities Total | 4.5B | 8.9B | 10.2B | 9.3B | 8.6B | 4.3B | |
Inventory | 1.7B | 1.7B | 2.2B | 2.3B | 2.1B | 1.4B | |
Other Current Assets | 431M | 5.1B | 4.6B | 444M | 436M | 414.2M | |
Other Stockholder Equity | (12.2B) | (12.2B) | (12.3B) | (12.4B) | (12.4B) | (11.8B) | |
Total Liab | 8.9B | 13.7B | 14.9B | 14.0B | 13.6B | 7.5B | |
Total Current Assets | 6.2B | 6.8B | 6.7B | 7.2B | 7.4B | 4.8B | |
Short Term Debt | 683M | 758M | 201M | 679M | 694M | 534.6M | |
Accounts Payable | 2.4B | 2.6B | 3.1B | 2.5B | 2.6B | 1.7B | |
Current Deferred Revenue | 1.1B | 440M | 1.1B | 128M | 147.2M | 139.8M | |
Property Plant And Equipment Gross | 3.8B | 4.0B | 8.9B | 8.8B | 9.4B | 9.9B | |
Accumulated Other Comprehensive Income | (2.4B) | (2.6B) | (2.8B) | (2.8B) | (2.2B) | (2.1B) | |
Good Will | 4.5B | 5.1B | 6.2B | 6.1B | 6.2B | 3.2B | |
Intangible Assets | 2.1B | 2.4B | 2.8B | 2.4B | 2.4B | 1.8B | |
Other Liab | 2.5B | 2.8B | 3.1B | 2.2B | 2.5B | 2.9B | |
Other Assets | (3.4B) | 997M | 34M | 544M | 489.6M | 514.1M | |
Long Term Debt | 4.5B | 5.2B | 6.6B | 6.5B | 5.7B | 3.7B | |
Treasury Stock | (13.2B) | (13.2B) | (13.4B) | (13.5B) | (12.2B) | (11.6B) | |
Property Plant Equipment | 3.0B | 3.1B | 3.4B | 3.3B | 3.8B | 3.1B | |
Short Term Investments | 61M | 57M | 96M | 67M | 75M | 71.3M | |
Net Tangible Assets | (1.3B) | (1.8B) | (2.8B) | (1.9B) | (1.7B) | (1.6B) | |
Noncontrolling Interest In Consolidated Entity | 119M | 126M | 125M | 117M | 105.3M | 117.0M | |
Retained Earnings Total Equity | 18.9B | 19.5B | 20.4B | 20.8B | 24.0B | 16.5B |
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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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.