Ppg Industries (PPG) Net Margin (2009 - 2026)
Ppg Industries (PPG) posted Net Margin of 9.72% for Q2 2026, down 1.01 percentage points from 10.73% a year earlier and unchanged from the prior quarter.
Ppg Industries (PPG) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Ppg Industries was 9.57%, up 3.11 percentage points year-over-year; for FY2025, it was 9.93%, up 2.88 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +2.27 percentage points (FY2020 to FY2025).
- In prior years, Ppg Industries' Net Margin was 7.04% in FY2024 (-0.78 pp), 7.82% in FY2023 (+1.25 pp), 6.57% in FY2022 (-1.99 pp) and 8.56% in FY2021 (+0.91 pp).
- Quarterly Net Margin has run from a low of -7.51% in Q4 2024 to a high of 12.47% in Q2 2024 over five years.
- On a year-over-year basis, Net Margin increased in two of the last eight quarters, with an average year-over-year change of +0.29 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2025, with a gain of 15.17 percentage points; the weakest was Q4 2024, with a drop of 11.35 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 9.72% (Q1 2026), 7.66% (Q4 2025) and 11.10% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.08 Bn | 213.65 Bn | 4.43 Bn | 20.76% |
| 2 | Corning | 113.97 Bn | 106.54 Bn | 1.63 Bn | 12.41% |
| 3 | Sherwin Williams | 81.98 Bn | 81.03 Bn | 3.34 Bn | 12.43% |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | -45.58% |
| 5 | LyondellBasell Industries | 41.35 Bn | 30.86 Bn | 2.04 Bn | 6.08% |
| 6 | Nutrien | 33.62 Bn | 30.45 Bn | 3.25 Bn | 11.30% |
| 7 | Ati | 24.94 Bn | 22.97 Bn | 309.80 Mn | 11.97% |
| 8 | Qnity Electronics | 24.80 Bn | 21.94 Bn | 666.00 Mn | 8.68% |
| 9 | Ppg Industries | 24.22 Bn | 16.88 Bn | 1.81 Bn | 9.72% |
| 10 | International Flavors & Fragrances | 23.27 Bn | 20.93 Bn | 853.00 Mn | 2.56% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.72% |
| Mar 31, 2026 | 9.72% |
| Dec 31, 2025 | 7.66% |
| Sep 30, 2025 | 11.10% |
| Jun 30, 2025 | 10.73% |
| Mar 31, 2025 | 10.12% |
| Dec 31, 2024 | -7.51% |
| Sep 30, 2024 | 11.61% |
| Jun 30, 2024 | 12.47% |
| Mar 31, 2024 | 10.39% |
| Dec 31, 2023 | 3.84% |
| Sep 30, 2023 | 9.17% |
| Jun 30, 2023 | 10.06% |
| Mar 31, 2023 | 6.03% |
| Dec 31, 2022 | 11.09% |
| Sep 30, 2022 | 7.36% |
| Jun 30, 2022 | 9.40% |
| Mar 31, 2022 | 0.42% |
| Dec 31, 2021 | 6.83% |
| Sep 30, 2021 | 7.87% |
Ppg Industries Net Margin 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=net-margin&ticker=PPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=PPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();