Ppg Industries (PPG) Interest Coverage Ratio (2009 - 2026)
Ppg Industries' Interest Coverage Ratio was 9.32 in Q2 2026, down 15.4% from 11.02 a year earlier but up 3.0% from the prior quarter.
Ppg Industries (PPG) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ppg Industries' Interest Coverage Ratio was 8.98 through Jun 30, 2026, down 4.3% year-over-year; for FY2025, it came in at 9.40, up 4.8% from FY2024.
- In earlier years, Interest Coverage Ratio was 8.97 in FY2024 (-6.1%), 9.55 in FY2023 (-9.1%), 10.51 in FY2022 (-31.4%) and 15.31 in FY2021 (+22.7%).
- Quarterly Interest Coverage Ratio has moved between 6.04 (Q4 2022) and 15.83 (Q3 2021) over five years.
- Compared with a year earlier, Interest Coverage Ratio has declined for three straight quarters, with an average decline of 3.4% over the last eight quarters.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q4 2024 (growth of 17.6%); the worst was Q4 2021 (a decline of 56.5%).
- Per Business Quant data, PPG's Interest Coverage Ratio in the three quarters before Q2 2026 was 9.05 (Q1 2026), 7.84 (Q4 2025) and 9.54 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | 41.87 |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | 7.43 |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | 9.08 |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | -42.45 |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | 43.83 |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | 11.18 |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | 17.82 |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 6.03 |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | - |
| 10 | Ppg Industries | 23.77 Bn | 16.57 Bn | 1.81 Bn | 9.32 |
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 |
Ppg Industries Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=PPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "PPG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=PPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();