Ppg Industries (PPG) Gross Margin (2009 - 2026)
Ppg Industries (PPG) posted quarterly Gross Margin of 40.22% for 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.
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.
- In Q2 2026, Gross Margin fell 180.0% year-over-year to 40.22%; the TTM figure through Jun 2026 stood at 40.9% (down 46.0% YoY), while the FY2025 annual figure was 41.32%, down 29.0% from the prior year.
- Gross Margin retreated to 40.22% in Q2 2026 per PPG's latest filing, from 42.11% 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.
- Historically, Gross Margin has averaged 39.75% across 5 years, with a median of 40.74% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 571 bps — and 2023, when it jumped 755 bps.
- Ppg Industries' Gross Margin stood at 30.04% in 2022, then increased by 25 bps to 37.6% in 2023, then advanced by 8 bps to 40.57% in 2024, then rose by 1 bps to 40.83% in 2025, then dropped by 1 bps to 40.22% in 2026.
- Business Quant data shows PPG's Gross Margin at 40.22% in Q2 2026, 42.11% in Q1 2026, and 40.83% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 47.67% |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | 49.17% |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | 44.07% |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | 32.77% |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 40.22% |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | 44.24% |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 22.21% |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 43.65% |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 35.13% |
| 10 | Albemarle | 15.88 Bn | 14.25 Bn | 590.30 Mn | 33.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |