Ppg Industries (PPG) Interest Coverage Ratio (2009 - 2026)
Ppg Industries' (PPG) quarterly Interest Coverage Ratio came in at 6.26 in Q1 2026, down 22.05% year-on-year from 8.03 in Q1 2025, and down 37.86% on a QoQ basis from 10.07 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 6.26 in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio fell 22.05% year-over-year to 6.26 in Q1 2026; TTM through Mar 2026 was 10.92, a 69.32% decrease from a year earlier, with the FY2025 full-year figure at 4.09, down 46.97% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 6.26, down from 10.07 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for PPG reached as high as 14.53 in Q4 2023 and fell as low as 1.53 in Q3 2022.
- Historically, Interest Coverage Ratio has averaged 7.05 across 5 years, with a median of 8.03 in 2025.
- Across the five-year window, Interest Coverage Ratio slumped 74.77% in 2022 and jumped 373.64% in 2025, its largest moves.
- Year by year, Interest Coverage Ratio stood at 7.94 in 2022, then surged by 83.07% to 14.53 in 2023, then plunged by 33.84% to 9.61 in 2024, then increased by 4.73% to 10.07 in 2025, then sank by 37.86% to 6.26 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 6.26 in Q1 2026, 10.07 in Q4 2025, and 9.68 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 39.34 |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 5.08 |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | 8.59 |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 15.21 |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 6.26 |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | 0.55 |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | -15.41 |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 0.62 |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 1.44 |
| 10 | Rpm International | 13.63 Bn | 13.32 Bn | 950.03 Mn | 11.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.26 |
| Dec 31, 2025 | 10.07 |
| Sep 30, 2025 | 9.68 |
| Jun 30, 2025 | 10.47 |
| Mar 31, 2025 | 8.03 |
| Dec 31, 2024 | 9.61 |
| Sep 30, 2024 | 2.04 |
| Jun 30, 2024 | 2.47 |
| Mar 31, 2024 | 8.28 |
| Dec 31, 2023 | 14.53 |
| Sep 30, 2023 | 1.59 |
| Jun 30, 2023 | 9.19 |
| Mar 31, 2023 | 8.09 |
| Dec 31, 2022 | 7.94 |
| Sep 30, 2022 | 1.53 |
| Jun 30, 2022 | 5.57 |
| Mar 31, 2022 | 4.53 |
| Dec 31, 2021 | 31.45 |
| Sep 30, 2021 | 1.02 |
| Jun 30, 2021 | 4.75 |