Ppg Industries PPG
NYSE PPG
$107.15 -2.57 (-2.34%)
As of: Sep 9, 2026 · 3:59 PM EDT

Ppg Industries (PPG) Gross Margin (2009 - 2026)

Ppg Industries' (PPG) quarterly Gross Margin came in at 40.22% in Q2 2026, down 180.0% year-over-year from 50.28% in Q2 2025, and down 4.49% quarter-over-quarter from 42.11% in Q1 2026.

Analysis

Ppg Industries (PPG) Gross Margin (2009 - 2026) Analysis & Trends

Ppg Industries (PPG) has reported Gross Margin for 18 consecutive years, with 40.22% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 180.0% year-over-year to 40.22% in Q2 2026; TTM through Jun 2026 was 40.9%, a 46.0% decrease from a year earlier, with the FY2025 full-year figure at 41.32%, down 29.0% from the prior year.
  • Gross Margin was 40.22% for Q2 2026 at Ppg Industries, down from 42.11% in the prior quarter.
  • Over five years, Gross Margin peaked at 42.71% in Q1 2024 and troughed at 30.04% in Q4 2022.
  • A 5-year average of 39.75% and a median of 40.74% in 2023 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin tumbled 571 bps in 2022 and soared 755 bps in 2023, its largest moves.
  • Over 5 years, Gross Margin stood at 30.04% in 2022, then climbed by 25 bps to 37.6% in 2023, then rose by 8 bps to 40.57% in 2024, then grew by 1 bps to 40.83% in 2025, then decreased by 1 bps to 40.22% in 2026.
  • The last three Gross Margin figures came in at 40.22% (Q2 2026), 42.11% (Q1 2026), and 40.83% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sherwin Williams 81.02 Bn 80.72 Bn 3.34 Bn 49.17%
2 Ppg Industries 25.02 Bn 23.57 Bn 1.81 Bn 40.22%
3 Rpm International 13.47 Bn 13.16 Bn 950.03 Mn 42.57%
4 Axalta Coating Systems 7.66 Bn 7.07 Bn 465.00 Mn 34.55%
5 Fuller H B 2.90 Bn 2.78 Bn 319.65 Mn 33.64%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 40.22%
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%