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Ppg Industries Inc   (PPG)
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Ppg Industries Inc

PPG's Financial Statements and Analysis



Ppg Industries Inc reported in the forth quarter of 2023 net earnings per share of $0.38 a decrease by -60.37 % year on year from $0.96 and decline of -78.8 % from $1.79 earned in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.38 $  4,350 Mill
$-0.58     -60.37 % $+165M     +3.94 %



Ppg Industries Inc 's Revenue rose by 3.94 % in forth quarter of 2023 (Dec 31 2023) year on year, to $4,350 million and declined by -6.33 % sequentially.


Ppg Industries Inc is

More on PPG's Income Statement



Ppg Industries Inc 's net income of $103.000 million in the forth quarter of 2023 decreased by -58.13 % from net earnings of $246.000 million achieved in IV. Quarter a year ago.

Sequentially net earnings fell by -76.38 % from net income of $436.000 million realized in previous quarter.

More on PPG's Growth



Ppg Industries Inc Inventories
Inventories declined by -6.38 % to $2,127.00 million from IV. Quarter a year ago, sequentially inventories fell by -4.06 %. PPG's Cash flow In the forth quarter of 2023 company's net cash flow was $296 million, capital expenditures fell by -15012.00%, to $-168 millions compare to same quarter a year ago

More on PPG's Cash flow Statement


Ppg Industries Inc payed out dividend of $2.52 per share in last 52 weeks representing 47.19 % of net earning per share in trailing twelve-month period.

During the same period Ppg Industries Inc earned $ 10.16 cash per share, on a free-cash flow basis 190.2 % of net earning per share.

Book value grew by 1.37 % sequentially to $33.80 per share, 103.93% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -2.53 per share from $ -2.78.

Company repurchased 0.61 million shares or 0.25 % in Dec 31 2023.
Interest Coverage Ratio was 8.08. Debt Coverage Ratio was 0.3.

More on PPG's Dividends

 Market Capitalization (Millions) 34,397
 Shares Outstanding (Millions) 237
 Total Debt (Millions $) 6,054
 Revenue (TTM) (Millions $) 18,246
 Net Income (TTM) (Millions $) 1,309
 Cash Flow (TTM) (Millions $) 415
 Capital Exp. (TTM) (Millions $) -549
 Dividend TTM ($) 2.52 $
 Dividend Yield TTM (%) 1.78 %
 Employees (TTM) $ 49,300




Ppg Industries Inc payed out dividend of $2.52 per share in the last 52 weeks representing 47.19 % of net earning per share in trailing twelve-month period.

During the same period Ppg Industries Inc had $ 10.16 cash flow per share, on a free-cash flow basis 190.2 % of net earning per share.

Book value grew by 1.37 % sequentially to $33.80 per share, 103.93% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -2.53 per share from $ -2.78.

Company repurchased 0.61 million shares or 0.25 % in Dec 31 2023.
Interest Coverage Ratio was 8.08. Debt Coverage Ratio was 0.3.

More on PPG's Balance Sheets

 Market Capitalization (Millions) 34,397
 Shares Outstanding (Millions) 237
 Total Debt (Millions $) 6,054
 Revenue (TTM) (Millions $) 18,246
 Net Income (TTM) (Millions $) 1,309
 Cash Flow (TTM) (Millions $) 415
 Capital Exp. (TTM) (Millions $) -549
 Dividend TTM ($) 2.52 $
 Dividend Yield TTM (%) 1.78 %
 Employees (TTM) $ 49,300
   


  News about Ppg Industries Inc Earnings

Ppg Industries Inc Faces Declining Profits Despite Surge in Fourth Quarter Orders

Investors in Ppg Industries Inc may have been disappointed to see declining earnings per share in the fourth quarter of 2023, but there is still plenty of positive news to focus on. The company saw revenue increase by almost 4%, bucking the trend seen in many other companies in the Chemical Manufacturing sector. This shows that Ppg Industries Inc is managing to grow its top line even in a challenging environment.
One key factor to consider when analyzing a company's performance is its focus on improving sales. Ppg Industries Inc shifted its focus on improving sales in the fourth quarter of 2023, which is a positive sign for investors. Additionally, the company's operating earnings rose by 6.25%, showing ...

PPG Industries Inc Surpasses Expectations with Impressive EPS Growth, But Revenue Lags Behind

As an investor, it is always important to closely analyze a company's financial results and performance in order to make informed decisions. The recent financial results of PPG Industries Inc for the July to September 30, 2023 financial interval have shown mixed results, with earnings per share (EPS) growth outpacing revenue advance.
During this period, EPS advanced by an impressive 28.78% to $1.79 per share, while revenue advanced by 3.939% to $4.64 billion compared to the same reporting period a year before. Although EPS growth is certainly a positive indicator, it is concerning to see that revenue growth is lagging behind the Chemical Manufacturing sector's average, which reported a revenue growth of...

Ppg Industries Inc Generates a Healthy 3.858% Increase in Revenue During Q2 2023


Introduction
PPG Industries Inc, a leading chemical manufacturing company, recently released its financial results for the second quarter of 2023. The results showcased a notable increase in revenue, improved earnings per share (EPS), and promising profit margins. Despite overall contraction in the Chemical Manufacturing sector, PPG Industries Inc's performance stands out with positive growth in various aspects. This article will provide an overview of the key financial facts to understand the company's current position.
Revenue Growth and EPS Increase
In Q2 2023, PPG Industries Inc reported a 3.858% surge in revenue, reaching $4.87 billion compared to $4.69 billion in the same reporting per...


Date modified: 2024-02-15T19:28:32+00:00





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