Ppg Industries (PPG) Interest Coverage Ratio (2009 - 2026)
Ppg Industries' (PPG) quarterly Interest Coverage Ratio came in at 9.32 in Q2 2026, down 15.36% year-over-year from 11.02 in Q2 2025, and up 3.04% quarter-over-quarter from 9.05 in Q1 2026.
Analysis
Ppg Industries (PPG) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Ppg Industries (PPG) has reported Interest Coverage Ratio for 18 consecutive years, with 9.32 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 15.36% year-over-year to 9.32 in Q2 2026; TTM through Jun 2026 was 8.98, a 4.26% decrease from a year earlier, with the FY2025 full-year figure at 9.4, up 4.76% from the prior year.
- Interest Coverage Ratio was 9.32 for Q2 2026 at Ppg Industries, up from 9.05 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 9.9 and a median of 9.73 in 2023 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio tumbled 34.78% in 2022 and climbed 17.6% in 2024, its largest moves.
- Over 5 years, Interest Coverage Ratio stood at 6.04 in 2022, then climbed by 13.9% to 6.88 in 2023, then climbed by 17.6% to 8.09 in 2024, then retreated by 3.0% to 7.84 in 2025, then advanced by 18.85% to 9.32 in 2026.
- The last three Interest Coverage Ratio figures came in at 9.32 (Q2 2026), 9.05 (Q1 2026), and 7.84 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sherwin Williams | 78.18 Bn | 77.89 Bn | 3.34 Bn | 9.08 |
| 2 | Ppg Industries | 23.95 Bn | 22.36 Bn | 1.81 Bn | 9.32 |
| 3 | Rpm International | 12.67 Bn | 12.36 Bn | 950.03 Mn | 11.20 |
| 4 | Axalta Coating Systems | 7.36 Bn | 6.73 Bn | 465.00 Mn | 4.51 |
| 5 | Fuller H B | 2.82 Bn | 2.70 Bn | 319.65 Mn | 3.58 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.32 |
| Mar 31, 2026 | 9.05 |
| Dec 31, 2025 | 7.84 |
| Sep 30, 2025 | 9.54 |
| Jun 30, 2025 | 11.02 |
| Mar 31, 2025 | 9.16 |
| Dec 31, 2024 | 8.09 |
| 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 |