Ppg Industries (PPG) Invested Capital (2009 - 2026)
Ppg Industries (PPG) reported Invested Capital of $15.48 billion for Q2 2026, up 2.7% from $15.08 billion a year earlier and up 0.5% from the prior quarter.
Ppg Industries (PPG) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Ppg Industries posted Invested Capital of $15.41 billion, up 20.6% from FY2024.
- Invested Capital has a five-year compound annual growth rate of 5.9% (FY2020 to FY2025).
- By year, Invested Capital came in at $12.78 billion in FY2024 (-9.2%), $14.08 billion in FY2023 (+4.1%), $13.53 billion in FY2022 (+4.1%) and $12.99 billion in FY2021 (+12.3%).
- The Q2 2026 figure ranks as the highest quarterly Invested Capital in data going back to Q2 2009.
- Year over year, Invested Capital has now increased in each of the last five quarters, with growth averaging 4.3% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was Q3 2021 (growth of 20.9%); the low point was Q4 2024 (a decline of 9.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $15.4 billion (Q1 2026), $15.41 billion (Q4 2025) and $15.27 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.92 Bn | 214.50 Bn | 4.43 Bn | 68.63 Bn |
| 2 | Corning | 114.46 Bn | 107.03 Bn | 1.63 Bn | 21.60 Bn |
| 3 | Sherwin Williams | 80.97 Bn | 80.01 Bn | 3.34 Bn | 15.93 Bn |
| 4 | Air Products & Chemicals | 66.60 Bn | 61.78 Bn | 1.04 Bn | 34.08 Bn |
| 5 | LyondellBasell Industries | 41.19 Bn | 30.70 Bn | 2.04 Bn | 23.59 Bn |
| 6 | Nutrien | 33.79 Bn | 30.61 Bn | 3.25 Bn | 37.33 Bn |
| 7 | Ati | 25.83 Bn | 23.86 Bn | 309.80 Mn | 4.19 Bn |
| 8 | Qnity Electronics | 24.96 Bn | 22.09 Bn | 666.00 Mn | 11.57 Bn |
| 9 | Ppg Industries | 23.98 Bn | 16.63 Bn | 1.81 Bn | 15.48 Bn |
| 10 | International Flavors & Fragrances | 23.16 Bn | 20.82 Bn | 853.00 Mn | 19.71 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.48 Bn |
| Mar 31, 2026 | 15.40 Bn |
| Dec 31, 2025 | 15.41 Bn |
| Sep 30, 2025 | 15.27 Bn |
| Jun 30, 2025 | 15.08 Bn |
| Mar 31, 2025 | 14.35 Bn |
| Dec 31, 2024 | 12.78 Bn |
| Sep 30, 2024 | 14.45 Bn |
| Jun 30, 2024 | 14.35 Bn |
| Mar 31, 2024 | 14.38 Bn |
| Dec 31, 2023 | 14.08 Bn |
| Sep 30, 2023 | 14.14 Bn |
| Jun 30, 2023 | 14.70 Bn |
| Mar 31, 2023 | 14.54 Bn |
| Dec 31, 2022 | 13.53 Bn |
| Sep 30, 2022 | 12.94 Bn |
| Jun 30, 2022 | 13.38 Bn |
| Mar 31, 2022 | 13.49 Bn |
| Dec 31, 2021 | 12.99 Bn |
| Sep 30, 2021 | 13.21 Bn |
Ppg Industries Invested Capital 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=invested-capital&ticker=PPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=PPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();