Ppg Industries (PPG) Interest Coverage Ratio (2009 - 2026)
Ppg Industries (PPG) reported Interest Coverage Ratio of 9.05 for Q1 2026, down 1.22% year-over-year from 9.16 in Q1 2025, and up 9.8% quarter-over-quarter from 8.24 in Q4 2025.
Ppg Industries (PPG) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Ppg Industries (PPG) has 18 years of Interest Coverage Ratio data on file, last reported at 9.05 in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 9.05, down 1.22% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.48 (down 1.92% YoY), and the FY2025 annual result was 9.49, up 4.67% from the prior year.
- Interest Coverage Ratio improved to 9.05 in Q1 2026 per PPG's latest filing, from 8.24 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 14.24 in Q2 2022 and troughed at 6.04 in Q4 2022.
- A 5-year average of 9.98 and a median of 9.92 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio slumped 34.78% in 2022, then grew 23.72% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 6.04 in 2022, then grew by 13.9% to 6.88 in 2023, then gained by 23.72% to 8.51 in 2024, then retreated by 3.14% to 8.24 in 2025, then climbed by 9.8% to 9.05 in 2026.
- Business Quant data shows PPG's Interest Coverage Ratio at 9.05 in Q1 2026, 8.24 in Q4 2025, and 9.54 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 39.34 |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | -15.41 |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 6.16 |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | -11.07 |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 15.21 |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 9.05 |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 6.20 |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 7.50 |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | 1.73 |
| 10 | Albemarle | 18.85 Bn | 18.02 Bn | 500.97 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.05 |
| Dec 31, 2025 | 8.24 |
| Sep 30, 2025 | 9.54 |
| Jun 30, 2025 | 11.02 |
| Mar 31, 2025 | 9.16 |
| Dec 31, 2024 | 8.51 |
| Sep 30, 2024 | 9.13 |
| Jun 30, 2024 | 11.77 |
| Mar 31, 2024 | 10.76 |
| Dec 31, 2023 | 6.88 |
| Sep 30, 2023 | 9.92 |
| Jun 30, 2023 | 10.96 |
| Mar 31, 2023 | 10.10 |
| Dec 31, 2022 | 6.04 |
| Sep 30, 2022 | 10.33 |
| Jun 30, 2022 | 14.24 |
| Mar 31, 2022 | 13.97 |
| Dec 31, 2021 | 7.30 |
| Sep 30, 2021 | 15.83 |
| Jun 30, 2021 | 19.13 |