Ppg Industries (PPG) Interest Coverage Ratio (2009 - 2026)
Ppg Industries (PPG) posted quarterly Interest Coverage Ratio of 3.07 for Q2 2026, up 21.93% year-over-year from 2.52 in Q2 2025, and up 17.67% quarter-over-quarter from 2.61 in Q1 2026.
Ppg Industries (PPG) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Ppg Industries (PPG) has reported Interest Coverage Ratio for 18 consecutive years, with 3.07 the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 21.93% year-over-year to 3.07; the TTM figure through Jun 2026 stood at 10.81 (up 27.98% YoY), while the FY2025 annual figure was 4.05, down 47.43% from the prior year.
- Interest Coverage Ratio grew to 3.07 in Q2 2026 per PPG's latest filing, from 2.61 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 14.76 in Q4 2025 and bottomed at 1.15 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 3.92 across 5 years, with a median of 2.3 in 2024.
- On a YoY basis, Interest Coverage Ratio climbed as much as 49.63% in 2022 and fell as far as 44.3% in 2022.
- Ppg Industries' Interest Coverage Ratio stood at 7.94 in 2022, then gained by 2.78% to 8.16 in 2023, then soared by 37.09% to 11.18 in 2024, then surged by 32.01% to 14.76 in 2025, then tumbled by 79.22% to 3.07 in 2026.
- Business Quant data shows PPG's Interest Coverage Ratio at 3.07 in Q2 2026, 2.61 in Q1 2026, and 14.76 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 41.87 |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | 9.08 |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | -10.37 |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | -42.45 |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 9.32 |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | -15.41 |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 11.18 |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 3.43 |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 8.00 |
| 10 | Albemarle | 15.88 Bn | 14.25 Bn | 590.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.07 |
| Mar 31, 2026 | 2.61 |
| Dec 31, 2025 | 14.76 |
| Sep 30, 2025 | 2.52 |
| Jun 30, 2025 | 2.52 |
| Mar 31, 2025 | 2.13 |
| Dec 31, 2024 | 11.18 |
| Sep 30, 2024 | 2.04 |
| Jun 30, 2024 | 2.47 |
| Mar 31, 2024 | 1.99 |
| Dec 31, 2023 | 8.16 |
| Sep 30, 2023 | 1.59 |
| Jun 30, 2023 | 1.75 |
| Mar 31, 2023 | 1.52 |
| Dec 31, 2022 | 7.94 |
| Sep 30, 2022 | 1.53 |
| Jun 30, 2022 | 1.65 |
| Mar 31, 2022 | 1.15 |
| Dec 31, 2021 | 10.73 |
| Sep 30, 2021 | 1.02 |