Ppg Industries PPG
NYSE PPG
$107.15 -2.57 (-2.34%)
As of: Sep 9, 2026 · 3:59 PM EDT

Ppg Industries (PPG) Operating Margin (2009 - 2026)

Ppg Industries' (PPG) quarterly Operating Margin came in at 14.73% in Q2 2026, down 155.0% year-over-year from 26.78% in Q2 2025, and up 4.85% quarter-over-quarter from 14.05% in Q1 2026.

Analysis

Ppg Industries (PPG) Operating Margin (2009 - 2026) Analysis & Trends

Ppg Industries (PPG) has reported Operating Margin for 18 consecutive years, with 14.73% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Margin fell 155.0% year-over-year to 14.73% in Q2 2026; TTM through Jun 2026 was 13.94%, a 57.0% decrease from a year earlier, with the FY2025 full-year figure at 14.27%, up 62.0% from the prior year.
  • Operating Margin was 14.73% for Q2 2026 at Ppg Industries, up from 14.05% in the prior quarter.
  • Over five years, Operating Margin peaked at 17.24% in Q2 2024 and troughed at 9.73% in Q1 2022.
  • A 5-year average of 13.99% and a median of 14.39% in 2026 frame the typical range for Operating Margin.
  • The widest YoY moves for Operating Margin: up 968 bps in 2022, down 486 bps in 2022.
  • Over 5 years, Operating Margin stood at 14.9% in 2022, then gained by 12 bps to 16.71% in 2023, then slipped by 26 bps to 12.36% in 2024, then fell by 6 bps to 11.62% in 2025, then grew by 27 bps to 14.73% in 2026.
  • The last three Operating Margin figures came in at 14.73% (Q2 2026), 14.05% (Q1 2026), and 11.62% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sherwin Williams 78.18 Bn 77.89 Bn 3.34 Bn 18.18%
2 Ppg Industries 23.95 Bn 22.36 Bn 1.81 Bn 14.73%
3 Rpm International 12.67 Bn 12.36 Bn 950.03 Mn 13.68%
4 Axalta Coating Systems 7.36 Bn 6.73 Bn 465.00 Mn 12.41%
5 Fuller H B 2.82 Bn 2.70 Bn 319.65 Mn 12.34%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 14.73%
Mar 31, 2026 14.05%
Dec 31, 2025 11.62%
Sep 30, 2025 15.19%
Jun 30, 2025 16.28%
Mar 31, 2025 13.93%
Dec 31, 2024 12.36%
Sep 30, 2024 15.18%
Jun 30, 2024 17.24%
Mar 31, 2024 15.38%
Dec 31, 2023 16.71%
Sep 30, 2023 13.67%
Jun 30, 2023 15.07%
Mar 31, 2023 13.61%
Dec 31, 2022 14.90%
Sep 30, 2022 10.63%
Jun 30, 2022 11.53%
Mar 31, 2022 9.73%
Dec 31, 2021 5.23%
Sep 30, 2021 10.86%