Ppg Industries (PPG) Gross Margin (2009 - 2026)
Ppg Industries (PPG) reported Gross Margin of 42.11% for Q1 2026, up 26.0% year-over-year from 33.42% in Q1 2025, and up 3.15% on a QoQ basis from 40.83% in Q4 2025.
Ppg Industries (PPG) has 18 years of Gross Margin data on file, last reported at 42.11% in Q1 2026.
- Quarterly Gross Margin rose 26.0% year-over-year to 42.11% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 41.39% (down 1.0% YoY) and the FY2025 annual result came in at 41.32%, down 29.0% from the prior year.
- Gross Margin improved to 42.11% in Q1 2026 per PPG's latest filing, from 40.83% in the prior quarter.
- Across five years, Gross Margin topped out at 42.71% in Q1 2024 and bottomed at 30.04% in Q4 2022.
- The 5-year median for Gross Margin is 40.74% (2023), against an average of 39.72%.
- The widest annual swing landed in 2022, when Gross Margin plunged 571 bps; it then surged 755 bps in 2023.
- Tracing PPG's Gross Margin over 5 years: stood at 30.04% in 2022, then advanced by 25 bps to 37.6% in 2023, then increased by 8 bps to 40.57% in 2024, then climbed by 1 bps to 40.83% in 2025, then advanced by 3 bps to 42.11% in 2026.
- Per Business Quant, the three latest PPG Gross Margin figures stand at 42.11% (Q1 2026), 40.83% (Q4 2025), and 40.57% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.79 Bn | 226.84 Bn | 4.26 Bn | 48.49% |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | 44.24% |
| 3 | Sherwin Williams | 72.51 Bn | 72.30 Bn | 2.78 Bn | 49.07% |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | 44.03% |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 31.13% |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 42.11% |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | 9.74% |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | 35.06% |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 35.81% |
| 10 | International Flavors & Fragrances | 19.02 Bn | 18.49 Bn | 1.02 Bn | 37.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42.11% |
| Dec 31, 2025 | 40.83% |
| Sep 30, 2025 | 40.57% |
| Jun 30, 2025 | 42.03% |
| Mar 31, 2025 | 41.86% |
| Dec 31, 2024 | 40.57% |
| Sep 30, 2024 | 40.95% |
| Jun 30, 2024 | 42.15% |
| Mar 31, 2024 | 42.71% |
| Dec 31, 2023 | 37.60% |
| Sep 30, 2023 | 40.74% |
| Jun 30, 2023 | 41.17% |
| Mar 31, 2023 | 40.73% |
| Dec 31, 2022 | 30.04% |
| Sep 30, 2022 | 36.86% |
| Jun 30, 2022 | 37.03% |
| Mar 31, 2022 | 37.37% |
| Dec 31, 2021 | 35.75% |
| Sep 30, 2021 | 37.49% |
| Jun 30, 2021 | 39.69% |
| Mar 31, 2021 | 42.49% |
| Dec 31, 2020 | 43.04% |
| Sep 30, 2020 | 45.02% |
| Jun 30, 2020 | 43.52% |
| Mar 31, 2020 | 43.50% |
| Dec 31, 2019 | 42.51% |
| Sep 30, 2019 | 43.00% |
| Jun 30, 2019 | 43.14% |
| Mar 31, 2019 | 42.80% |
| Dec 31, 2018 | 39.97% |
| Sep 30, 2018 | 40.97% |
| Jun 30, 2018 | 42.41% |
| Mar 31, 2018 | 42.32% |
| Dec 31, 2017 | 42.42% |
| Sep 30, 2017 | 44.28% |
| Jun 30, 2017 | 45.24% |
| Mar 31, 2017 | 45.44% |
| Dec 31, 2016 | 44.10% |
| Sep 30, 2016 | 45.96% |
| Jun 30, 2016 | 47.44% |
| Mar 31, 2016 | 46.73% |
| Dec 31, 2015 | 43.78% |
| Sep 30, 2015 | 44.99% |
| Jun 30, 2015 | 44.74% |
| Mar 31, 2015 | 44.12% |
| Dec 31, 2014 | 41.60% |
| Sep 30, 2014 | 43.35% |
| Jun 30, 2014 | 43.51% |
| Mar 31, 2014 | 42.49% |
| Dec 31, 2013 | 42.06% |
| Sep 30, 2013 | 42.74% |
| Jun 30, 2013 | 41.72% |
| Mar 31, 2013 | 40.09% |
| Dec 31, 2012 | 41.10% |
| Sep 30, 2012 | 41.81% |
| Jun 30, 2012 | 41.44% |
| Mar 31, 2012 | 41.61% |
| Dec 31, 2011 | 37.90% |
| Sep 30, 2011 | 38.87% |
| Jun 30, 2011 | 39.36% |
| Mar 31, 2011 | 39.80% |
| Dec 31, 2010 | 38.27% |
| Sep 30, 2010 | 39.08% |
| Jun 30, 2010 | 39.97% |
| Mar 31, 2010 | 37.81% |
| Dec 31, 2009 | 37.93% |
| Sep 30, 2009 | 38.33% |
| Jun 30, 2009 | 39.07% |
| Mar 31, 2009 | 38.27% |