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

Ppg Industries' (PPG) quarterly Gross Margin came in at 42.11% in Q1 2026, up 26.0% year-on-year from 33.42% in Q1 2025, and up 3.15% on a QoQ basis 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.

  • On a quarterly basis, Gross Margin rose 26.0% year-over-year to 42.11% in Q1 2026; TTM through Mar 2026 was 41.39%, a 1.0% decrease from a year earlier, with the FY2025 full-year figure at 41.32%, down 29.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 42.11%, up from 40.83% in the prior quarter.
  • Over the last five years, Gross Margin for PPG reached as high as 42.71% in Q1 2024 and fell as low as 30.04% in Q4 2022.
  • Historically, Gross Margin has averaged 39.72% across 5 years, with a median of 40.74% in 2023.
  • Across the five-year window, Gross Margin plunged 571 bps in 2022 and surged 755 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 30.04% in 2022, then gained by 25 bps to 37.6% in 2023, then grew by 8 bps to 40.57% in 2024, then advanced by 1 bps to 40.83% in 2025, then gained by 3 bps to 42.11% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 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 237.95 Bn 233.99 Bn 4.26 Bn 48.49%
2 Sherwin Williams 78.17 Bn 77.95 Bn 2.78 Bn 49.07%
3 Ecolab 76.02 Bn 75.37 Bn 1.85 Bn 44.03%
4 Air Products & Chemicals 66.38 Bn 65.43 Bn 987.40 Mn 31.13%
5 Ppg Industries 26.02 Bn 24.40 Bn 1.66 Bn 42.11%
6 LyondellBasell Industries 22.51 Bn 19.87 Bn 701.00 Mn 9.74%
7 Chemical & Mining Co Of Chile 19.70 Bn 15.83 Bn 778.60 Mn 44.24%
8 International Flavors & Fragrances 19.51 Bn 18.95 Bn 1.02 Bn 37.14%
9 DuPont de Nemours 18.80 Bn 18.71 Bn 602.00 Mn 35.81%
10 Rpm International 13.63 Bn 13.32 Bn 950.03 Mn 42.57%

Historic Data

Download Data
DateValue
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%