Ppg Industries (PPG) EV to CFO (2009 - 2026)
Ppg Industries' EV to CFO came in at 11.34 for Q3 2026, down 27.3% from 15.60 a year earlier and down 3.8% from the prior quarter.
Analysis
Ppg Industries (PPG) EV to CFO (2009 - 2026) Analysis & Trends
For FY2025, Ppg Industries' EV to CFO was 10.73, down 42.0% from FY2024.
- Going back by year, EV to CFO was 18.51 in FY2024 (+32.0%), 14.02 in FY2023 (-50.9%), 28.53 in FY2022 (+12.1%) and 25.45 in FY2021 (+67.5%).
- The five-year range for quarterly EV to CFO is 10.73 (Q4 2025) to 30.75 (Q2 2022).
- Year-over-year, EV to CFO has declined for four consecutive quarters, with an average decline of 7.1% over the last eight quarters.
- The fastest year-over-year change in EV to CFO over five years came in Q3 2022 (growth of 90.1%), and the weakest in Q3 2023 (a decline of 54.1%).
- Business Quant data shows PPG's EV to CFO at 11.79 (Q2 2026), 11.22 (Q1 2026) and 10.73 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 238.84 Bn | 220.98 Bn | 4.44 Bn |
| 2 | Corning | 98.69 Bn | 90.37 Bn | 1.81 Bn |
| 3 | Sherwin Williams | 85.12 Bn | 84.13 Bn | 3.28 Bn |
| 4 | Air Products & Chemicals | 69.02 Bn | 64.21 Bn | 1.04 Bn |
| 5 | LyondellBasell Industries | 38.36 Bn | 26.43 Bn | 1.50 Bn |
| 6 | Nutrien | 34.35 Bn | 30.38 Bn | - |
| 7 | Ppg Industries | 27.44 Bn | 20.36 Bn | 1.76 Bn |
| 8 | Qnity Electronics | 26.06 Bn | 22.20 Bn | 743.00 Mn |
| 9 | Ati | 25.56 Bn | 23.51 Bn | 380.20 Mn |
| 10 | Dow | 22.14 Bn | 6.10 Bn | 1.38 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.53 |
| Jun 30, 2026 | 11.79 |
| Mar 31, 2026 | 11.22 |
| Dec 31, 2025 | 10.73 |
| Sep 30, 2025 | 15.60 |
| Jun 30, 2025 | 16.78 |
| Mar 31, 2025 | 15.80 |
| Dec 31, 2024 | 18.51 |
| Sep 30, 2024 | 15.01 |
| Jun 30, 2024 | 13.26 |
| Mar 31, 2024 | 14.53 |
| Dec 31, 2023 | 14.02 |
| Sep 30, 2023 | 13.81 |
| Jun 30, 2023 | 19.24 |
| Mar 31, 2023 | 21.65 |
| Dec 31, 2022 | 28.53 |
| Sep 30, 2022 | 30.09 |
| Jun 30, 2022 | 30.75 |
| Mar 31, 2022 | 23.45 |
| Dec 31, 2021 | 25.45 |
API Access
Ppg Industries EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=PPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "PPG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=PPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();