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% quarter-over-quarter from 40.83% in Q4 2025.
Ppg Industries (PPG) Gross Margin (2009 - 2026) Analysis & Trends
Ppg Industries (PPG) has 18 years of Gross Margin data on file, last reported at 42.11% in Q1 2026.
- Gross Margin for Q1 2026 came in at 42.11%, up 26.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 41.39% (down 1.0% YoY), and the FY2025 annual result was 41.32%, down 29.0% from the prior year.
- Gross Margin climbed to 42.11% in Q1 2026 per PPG's latest filing, from 40.83% 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 39.72% and a median of 40.74% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 571 bps in 2022, then jumped 755 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 30.04% in 2022, then grew by 25 bps to 37.6% in 2023, then gained by 8 bps to 40.57% in 2024, then increased by 1 bps to 40.83% in 2025, then grew by 3 bps to 42.11% in 2026.
- Business Quant data shows PPG's Gross Margin at 42.11% in Q1 2026, 40.83% in Q4 2025, and 40.57% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 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 | 78.87 Bn | 78.66 Bn | 2.78 Bn | 49.07% |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 44.03% |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 31.13% |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 42.11% |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 37.14% |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 35.81% |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | 9.74% |
| 10 | Albemarle | 18.85 Bn | 18.02 Bn | 500.97 Mn | 35.06% |
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% |