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PPG Industries, Inc. (symbol: PPG) is a global leader in the production of high-quality coatings and specialty materials. Established in 1883 and headquartered in Pittsburgh, PPG operates in over 70 countries worldwide. The company is committed to delivering innovative and sustainable solutions that customers trust to protect and beautify their products and surroundings.
PPG’s operations span across various markets, including automotive, aerospace, construction, and industrial. The company is recognized as the world’s largest producer of coatings after acquiring assets from Akzo Nobel. Additionally, notable acquisitions like Comex demonstrate PPG’s focus on expanding into emerging regions.
Renowned for its leadership in innovation, sustainability, and color, PPG constantly seeks to add value to its customer base, providing advanced products that enhance more surfaces than any other company. The company’s financial strength is evident, with a reported net sales of $15.4 billion in 2014, and its shares being traded on the New York Stock Exchange under the symbol PPG.
Recent Achievements and Current Projects
- PPG has recently made significant strides in sustainable product development, ensuring that its offerings meet stringent environmental standards.
- The company is involved in various projects aimed at enhancing product durability and aesthetic appeal, tailored to the specific needs of different markets.
- Partnerships with leading automotive and aerospace companies have solidified PPG’s position as a trusted supplier of advanced coatings and materials.
By consistently innovating and adapting to market demands, PPG Industries, Inc. continues to reinforce its vision of being the world's leading coatings company.
PPG (NYSE:PPG) and the PPG Foundation announced a total investment of $18.4 million in community engagement worldwide during 2024, marking a $900,000 increase from 2023. The funding supported over 400 community partners and programs focused on education and community sustainability.
Key investments included $11.5 million for STEM leadership development, $6.4 million for community sustainability and disaster relief, and the completion of 58 Colorful Communities projects across 27 countries. Notable initiatives included partnerships with the National Museum of Science and Technology in Milan, the Foundation for Environmental Education, and various STEM education programs globally.
The company achieved its $2 million commitment to skilled worker training ahead of its 2025 target and made progress on its $5 million environmental sustainability education commitment for 2030. The Colorful Communities program has completed nearly 600 projects since 2015, impacting over 10.2 million people in more than 50 countries.
PPG (NYSE:PPG) has completed a Colorful Communities project at the Boys & Girls Clubs of Broward County in Fort Lauderdale, Florida, marking the 10-year celebration of the program. Over 100 PPG global leaders participated in renovating the club's facilities, including the computer room, recording studio, gymnasium, and teen center outdoor areas.
The project included building new furniture, assembling 500 STEM activity kits and 40 bicycles for club members, and installing a hopscotch court using PPG's Traffic Solutions ENNIS-FLINT DECOMARK thermoplastic product. The facility serves more than 200 club members daily with various educational and development programs.
PPG has announced a $15 million commitment to extend the Colorful Communities program for another decade. Additionally, PPG and the PPG Foundation will distribute $1 million in celebration grants to 100 previous and current program partners worldwide this year. In 2023, PPG invested more than $17.5 million in community engagement efforts across nearly 40 countries.
PPG (NYSE: PPG) has extended its sponsorship of Tasca Racing for the 2025 season, featuring the PPG NITRO MUSTANG DARK HORSE Funny Car in four events. The vehicle will participate in three NHRA Mission Foods Drag Racing Series races and the PRO Superstar Shootout.
In 2024, driver Bob Tasca III set a historic record with the PPG Nitro Mustang Funny Car, achieving the first pass over 340 mph (341.68 mph) by a wheel-driven vehicle in drag racing history. The 11,000+-horsepower vehicle will display the PPG logo throughout the season.
The partnership between PPG and Tasca spans over 25 years, with Tasca Automotive Group utilizing PPG products in their collision centers and service centers, particularly the PPG ENVIROBASE High Performance paint system.
PPG (NYSE:PPG) has announced a 10-year extension of its global COLORFUL COMMUNITIES® program, committing $15 million for community beautification projects through 2035. The program's 10-year milestone in 2025 will feature 10 flagship projects worldwide and distribute $1 million in celebration grants to 100 partners.
Since its 2015 launch, the program has:
- Impacted over 10.2 million people through nearly 600 projects in 50+ countries
- Invested more than $15 million in projects
- Used nearly 65,000 gallons of paint
- Engaged over 30,000 volunteers contributing 200,000 hours
- Transformed 280 schools, 130 hospitals, 65 community centers, and 9 museums
In 2023, PPG invested more than $17.5 million in community engagement efforts across nearly 40 countries, focusing on educational opportunities and STEM innovation.
PPG (NYSE: PPG) announced its expanded motorsports presence for 2025, featuring its livery in two major racing series. The company will be the primary sponsor for Wood Brothers Racing No. 21 Mustang at the Brickyard 400 on July 27, driven by Josh Berry. Additionally, PPG will sponsor the Team Penske No. 2 PPG Chevrolet in seven NTT INDYCAR Series races throughout 2025, with defending INDY 500 winner Josef Newgarden at the wheel.
The partnership coincides with Wood Brothers Racing's 75th season in competition. PPG will also maintain its role as an associate partner for Team Penske's other vehicles in both racing series, including those driven by Will Power, Scott McLaughlin, Austin Cindric, Ryan Blaney, and Joey Logano.
PPG (NYSE:PPG) reported its Q4 and full-year 2024 financial results, following the divestiture of its silica products and architectural coatings U.S. and Canada businesses. Q4 net sales from continuing operations were $3.7 billion, with reported EPS of $0.01 and adjusted EPS of $1.61, up 3% year-over-year.
Full-year 2024 highlights include net sales from continuing operations of $15.8 billion, reported EPS of $5.72, and adjusted EPS of $7.87, representing a 6% increase. The company achieved segment margin of 17.1% and segment EBITDA margin of 19.9%, up 70 basis points year-over-year. Operating cash flow reached $1.4 billion, with share repurchases and dividends totaling $1.4 billion.
For 2025, PPG expects adjusted EPS between $7.75 and $8.05, targeting 7% growth excluding foreign currency impact and higher tax rates. The company plans to deploy approximately $400 million toward share repurchases in Q1 2025.
PPG (NYSE:PPG) has achieved a significant milestone by being named to Fortune Magazine's 'World's Most Admired Companies' list for the 17th consecutive year. The company secured the #2 position in the chemicals industry, maintaining its ranking from 2024 and marking its highest industry placement since 2017.
The company excelled in several key areas, receiving top marks for global competitiveness, quality of products/services, financial soundness, social responsibility, quality of management, and use of corporate assets. The 2025 list was compiled through a comprehensive survey of 630 companies across 30 countries and 51 industries, with input from over 3,380 executives, directors, and securities analysts.
PPG, headquartered in Pittsburgh, reported net sales of $18.2 billion in 2023 and operates in more than 70 countries, serving construction, consumer products, industrial and transportation markets and aftermarkets.
PPG (NYSE:PPG) has announced its Board of Directors has declared a regular quarterly dividend of 68 cents per share, payable March 12 to shareholders of record Feb. 21. The company has demonstrated remarkable consistency in its dividend payments, having raised its annual dividend for 53 consecutive years and maintained uninterrupted annual dividends since 1899. This marks PPG's 506th consecutive dividend payment.
The company, headquartered in Pittsburgh, operates in more than 70 countries and reported net sales of $18.2 billion in 2023. PPG serves customers in construction, consumer products, industrial and transportation markets, and aftermarkets, focusing on developing and delivering paints, coatings, and specialty materials.
PPG (NYSE: PPG) has announced its schedule for the fourth-quarter and full-year 2024 earnings release and teleconference call. The earnings release will be published on Thursday, January 30, after U.S. stock markets close, followed by a teleconference on Friday, January 31, at 8 a.m. ET. Key participants will include Tim Knavish (Chairman and CEO), Vincent Morales (CFO), and Alex Lopez (Director, Investor Relations).
The company will provide recast financial information for all periods to reflect discontinued operations following the sale of its architectural coatings business in the U.S. and Canada, completed in December 2024. PPG reported net sales of $18.2 billion in 2023 and operates in more than 70 countries, serving construction, consumer products, industrial and transportation markets.
PPG (NYSE: PPG) has donated its PPG LINQ™ digital automotive refinish ecosystem to 15 vocational schools across more than 10 European countries over the past 15 months. This initiative is part of the company's $2 million commitment through 2025 for workforce development programs aimed at addressing skills shortages in the automotive refinish industry.
The donation benefits over 1,500 students by providing hands-on experience with digital tools, including the PPG MOONWALK® paint mixing system, PPG DIGIMATCH™ color camera, PPG VISUALIZID™ 3D rendering software, and PPG LINQ Color digital identification software. The initiative addresses challenges highlighted in the European Commission's report on vocational education and training, such as access to modern equipment and funding constraints.
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