122.870
USD
0.52
(0.43%)
Market Open
Last updated: · Delayed 15 min
Fair value167.10Plus-26%98Price 122.87229
Q4 FY2026 · Earnings report
EPS estimate 1.69Revenue estimate 4.04B
Q4 FY2026 · Earnings report
EPS estimate 1.69Revenue estimate 4.04B
PPG Industries debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
PPG Industries's debt to equity ratio is 0.88: total debt of 7.46B USD against shareholders' equity of 8.49B USD.
- Today
- 0.88
- Average, 5 years
- 1.03
- Low, 5 years
- 0.84
- High, 5 years
- 1.29
Debt to equity = total debt ÷ shareholders' equity = 7.46B ÷ 8.49B = 0.88
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 0.88 | 7.46B | 8.49B | |
| FY2025 | 31 Dec 2025 | 0.99 | 7.90B | 7.94B |
| FY2024 | 31 Dec 2024 | 0.94 | 6.40B | 6.79B |
| FY2023 | 31 Dec 2023 | 0.84 | 6.60B | 7.83B |
| FY2022 | 31 Dec 2022 | 1.16 | 7.64B | 6.59B |
| FY2021 | 31 Dec 2021 | 1.19 | 7.47B | 6.29B |
| FY2020 | 31 Dec 2020 | 1.16 | 6.61B | 5.69B |
| FY2019 | 31 Dec 2019 | 1.11 | 5.84B | 5.28B |
| FY2018 | 31 Dec 2018 | 1.08 | 5.02B | 4.63B |
| FY2017 | 31 Dec 2017 | 0.75 | 4.15B | 5.56B |
| FY2016 | 31 Dec 2016 | 0.91 | 4.42B | 4.83B |
| FY2015 | 31 Dec 2015 | 0.86 | 4.31B | 4.98B |
| FY2014 | 31 Dec 2014 | 0.77 | 4.01B | 5.18B |
| FY2013 | 31 Dec 2013 | 0.69 | 3.41B | 4.93B |
| FY2012 | 31 Dec 2012 | 0.99 | 4.01B | 4.06B |
| FY2011 | 31 Dec 2011 | 1.13 | 3.68B | 3.25B |
| FY2010 | 31 Dec 2010 | 1.12 | 4.07B | 3.64B |
| FY2009 | 31 Dec 2009 | 0.89 | 3.35B | 3.75B |
| FY2008 | 31 Dec 2008 | 1.17 | 3.91B | 3.33B |
| FY2007 | 31 Dec 2007 | 0.73 | 3.02B | 4.15B |
| FY2006 | 31 Dec 2006 | 0.39 | 1.30B | 3.28B |
| FY2005 | 31 Dec 2005 | 0.42 | 1.27B | 3.05B |
| FY2004 | 31 Dec 2004 | 0.38 | 1.35B | 3.57B |
| FY2003 | 31 Dec 2003 | 0.57 | 1.67B | 2.91B |
| FY2002 | 31 Dec 2002 | 0.95 | 2.05B | 2.15B |
| FY2001 | 31 Dec 2001 | 0.78 | 2.41B | 3.08B |
| FY2000 | 31 Dec 2000 | 0.96 | 2.97B | 3.10B |
| FY1999 | 31 Dec 1999 | 0.90 | 2.79B | 3.11B |
| FY1998 | 31 Dec 1998 | 0.60 | 1.72B | 2.88B |
| FY1997 | 31 Dec 1997 | 0.68 | 1.70B | 2.51B |
| FY1996 | 31 Dec 1996 | 0.60 | 1.48B | 2.48B |
| FY1995 | 31 Dec 1995 | 0.48 | 1.22B | 2.57B |
| FY1994 | 31 Dec 1994 | 0.45 | 1.14B | 2.56B |
| FY1993 | 31 Dec 1993 | 0.46 | 1.13B | 2.47B |
| FY1992 | 31 Dec 1992 | 0.48 | 1.31B | 2.70B |
| FY1991 | 31 Dec 1991 | 0.59 | 1.57B | 2.65B |
| FY1990 | 31 Dec 1990 | 0.64 | 1.62B | 2.55B |
| FY1989 | 31 Dec 1989 | 0.71 | 1.62B | 2.28B |
| FY1988 | 31 Dec 1988 | 0.58 | 1.30B | 2.24B |
| FY1987 | 31 Dec 1987 | 0.69 | 1.41B | 2.04B |
| FY1986 | 31 Dec 1986 | 0.68 | 1.35B | 1.98B |
| FY1985 | 31 Dec 1985 | 0.72 | 1.22B | 1.71B |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 0.88 | 7.46B | 8.49B |
| Q2 FY2026 | 30 Jun 2026 | 0.88 | 7.46B | 8.44B |
| Q1 FY2026 | 31 Mar 2026 | 0.95 | 7.73B | 8.10B |
| Q4 FY2025 | 31 Dec 2025 | 0.99 | 7.90B | 7.94B |
| Q3 FY2025 | 30 Sept 2025 | 1.01 | 7.91B | 7.80B |
| Q2 FY2025 | 30 Jun 2025 | 1.05 | 7.95B | 7.58B |
| Q1 FY2025 | 31 Mar 2025 | 1.13 | 7.86B | 6.93B |
| Q4 FY2024 | 31 Dec 2024 | 0.94 | 6.40B | 6.79B |
| Q3 FY2024 | 30 Sept 2024 | 0.93 | 7.27B | 7.79B |
| Q2 FY2024 | 30 Jun 2024 | 0.93 | 7.20B | 7.77B |
| Q1 FY2024 | 31 Mar 2024 | 0.89 | 7.04B | 7.94B |
| Q4 FY2023 | 31 Dec 2023 | 0.84 | 6.60B | 7.83B |
| Q3 FY2023 | 30 Sept 2023 | 0.90 | 7.01B | 7.75B |
| Q2 FY2023 | 30 Jun 2023 | 1.02 | 7.73B | 7.61B |
| Q1 FY2023 | 31 Mar 2023 | 1.14 | 8.11B | 7.14B |
| Q4 FY2022 | 31 Dec 2022 | 1.16 | 7.64B | 6.59B |
| Q3 FY2022 | 30 Sept 2022 | 1.26 | 7.60B | 6.03B |
| Q2 FY2022 | 30 Jun 2022 | 1.28 | 7.92B | 6.18B |
| Q1 FY2022 | 31 Mar 2022 | 1.29 | 8.03B | 6.22B |
| Q4 FY2021 | 31 Dec 2021 | 1.19 | 7.47B | 6.29B |
| Q3 FY2021 | 30 Sept 2021 | 1.23 | 7.70B | 6.25B |
| Q2 FY2021 | 30 Jun 2021 | 1.30 | 8.09B | 6.24B |
| Q1 FY2021 | 31 Mar 2021 | 1.21 | 7.07B | 5.84B |
| Q4 FY2020 | 31 Dec 2020 | 1.16 | 6.61B | 5.69B |
| Q3 FY2020 | 30 Sept 2020 | 1.20 | 6.35B | 5.31B |
| Q2 FY2020 | 30 Jun 2020 | 1.48 | 7.14B | 4.83B |
| Q1 FY2020 | 31 Mar 2020 | 1.48 | 7.00B | 4.72B |
| Q4 FY2019 | 31 Dec 2019 | 1.11 | 5.84B | 5.28B |
| Q3 FY2019 | 30 Sept 2019 | 1.20 | 6.27B | 5.25B |
| Q2 FY2019 | 30 Jun 2019 | 1.23 | 6.24B | 5.08B |
| Q1 FY2019 | 31 Mar 2019 | 1.23 | 6.01B | 4.90B |
| Q4 FY2018 | 31 Dec 2018 | 1.08 | 5.02B | 4.63B |
| Q3 FY2018 | 30 Sept 2018 | 1.01 | 5.04B | 4.98B |
| Q2 FY2018 | 30 Jun 2018 | 1.04 | 5.07B | 4.88B |
| Q1 FY2018 | 31 Mar 2018 | 0.98 | 5.22B | 5.35B |
| Q4 FY2017 | 31 Dec 2017 | 0.75 | 4.15B | 5.56B |
| Q3 FY2017 | 30 Sept 2017 | 0.80 | 4.71B | 5.90B |
| Q2 FY2017 | 30 Jun 2017 | 0.82 | 4.62B | 5.63B |
| Q1 FY2017 | 31 Mar 2017 | 0.85 | 4.42B | 5.19B |
| Q4 FY2016 | 31 Dec 2016 | 0.91 | 4.42B | 4.83B |
| Q3 FY2016 | 30 Sept 2016 | 0.88 | 4.40B | 5.03B |
| Q2 FY2016 | 30 Jun 2016 | 0.96 | 5.11B | 5.35B |
| Q1 FY2016 | 31 Mar 2016 | 0.83 | 4.26B | 5.16B |
| Q4 FY2015 | 31 Dec 2015 | 0.86 | 4.31B | 4.98B |
| Q3 FY2015 | 30 Sept 2015 | 0.89 | 4.55B | 5.11B |
| Q2 FY2015 | 30 Jun 2015 | 0.87 | 4.52B | 5.17B |
| Q1 FY2015 | 31 Mar 2015 | 0.91 | 4.64B | 5.08B |
| Q4 FY2014 | 31 Dec 2014 | 0.77 | 4.01B | 5.18B |
| Q3 FY2014 | 30 Sept 2014 | 0.55 | 3.35B | 6.12B |
| Q2 FY2014 | 30 Jun 2014 | 0.54 | 3.38B | 6.23B |
| Q1 FY2014 | 31 Mar 2014 | 0.57 | 3.39B | 5.99B |
| Q4 FY2013 | 31 Dec 2013 | 0.69 | 3.41B | 4.93B |
| Q3 FY2013 | 30 Sept 2013 | 0.65 | 3.40B | 5.21B |
| Q2 FY2013 | 30 Jun 2013 | 0.67 | 3.38B | 5.04B |
| Q1 FY2013 | 31 Mar 2013 | 0.71 | 3.40B | 4.79B |
| Q4 FY2012 | 31 Dec 2012 | 0.99 | 4.01B | 4.06B |
| Q3 FY2012 | 30 Sept 2012 | 1.04 | 4.00B | 3.86B |
| Q2 FY2012 | 30 Jun 2012 | 1.04 | 3.61B | 3.46B |
| Q1 FY2012 | 31 Mar 2012 | 1.11 | 3.66B | 3.29B |
| Q4 FY2011 | 31 Dec 2011 | 1.13 | 3.68B | 3.25B |
| Q3 FY2011 | 30 Sept 2011 | 1.01 | 3.69B | 3.66B |
| Q2 FY2011 | 30 Jun 2011 | 0.92 | 3.72B | 4.05B |
| Q1 FY2011 | 31 Mar 2011 | 1.09 | 4.09B | 3.77B |
| Q4 FY2010 | 31 Dec 2010 | 1.12 | 4.07B | 3.64B |
| Q3 FY2010 | 30 Sept 2010 | 0.81 | 3.14B | 3.87B |
| Q2 FY2010 | 30 Jun 2010 | 0.89 | 3.08B | 3.45B |
| Q1 FY2010 | 31 Mar 2010 | 0.88 | 3.16B | 3.59B |
| Q4 FY2009 | 31 Dec 2009 | 0.89 | 3.35B | 3.75B |
| Q3 FY2009 | 30 Sept 2009 | 1.00 | 3.54B | 3.54B |
| Q2 FY2009 | 30 Jun 2009 | 1.32 | 4.20B | 3.18B |
| Q1 FY2009 | 31 Mar 2009 | 1.36 | 3.86B | 2.83B |
| Q4 FY2008 | 31 Dec 2008 | 1.17 | 3.91B | 3.33B |
| Q3 FY2008 | 30 Sept 2008 | 0.94 | 3.95B | 4.20B |
| Q2 FY2008 | 30 Jun 2008 | 0.92 | 4.26B | 4.62B |
| Q1 FY2008 | 31 Mar 2008 | 1.02 | 4.44B | 4.37B |
| Q4 FY2007 | 31 Dec 2007 | 0.73 | 3.02B | 4.15B |
| Q3 FY2007 | 30 Sept 2007 | 0.34 | 1.36B | 4.00B |
| Q2 FY2007 | 30 Jun 2007 | 0.37 | 1.37B | 3.69B |
| Q1 FY2007 | 31 Mar 2007 | 0.43 | 1.46B | 3.44B |
| Q4 FY2006 | 31 Dec 2006 | 0.39 | 1.30B | 3.28B |
| Q3 FY2006 | 30 Sept 2006 | 0.38 | 1.31B | 3.48B |
| Q2 FY2006 | 30 Jun 2006 | 0.38 | 1.34B | 3.48B |
| Q1 FY2006 | 31 Mar 2006 | 0.39 | 1.26B | 3.21B |
| Q4 FY2005 | 31 Dec 2005 | 0.42 | 1.27B | 3.05B |
| Q3 FY2005 | 30 Sept 2005 | 0.38 | 1.25B | 3.32B |
| Q2 FY2005 | 30 Jun 2005 | 0.40 | 1.35B | 3.41B |
| Q1 FY2005 | 31 Mar 2005 | 0.37 | 1.30B | 3.55B |
| Q4 FY2004 | 31 Dec 2004 | 0.38 | 1.35B | 3.57B |
| Q3 FY2004 | 30 Sept 2004 | 0.42 | 1.37B | 3.26B |
| Q2 FY2004 | 30 Jun 2004 | 0.54 | 1.64B | 3.06B |
| Q1 FY2004 | 31 Mar 2004 | 0.56 | 1.68B | 2.97B |
| Q4 FY2003 | 31 Dec 2003 | 0.57 | 1.67B | 2.91B |
| Q3 FY2003 | 30 Sept 2003 | 0.69 | 1.74B | 2.52B |
| Q2 FY2003 | 30 Jun 2003 | 0.79 | 1.92B | 2.43B |
| Q1 FY2003 | 31 Mar 2003 | 0.91 | 2.03B | 2.24B |
| Q4 FY2002 | 31 Dec 2002 | 0.95 | 2.05B | 2.15B |
| Q3 FY2002 | 30 Sept 2002 | 0.79 | 2.20B | 2.77B |
| Q2 FY2002 | 30 Jun 2002 | 0.85 | 2.32B | 2.73B |
| Q1 FY2002 | 31 Mar 2002 | 0.79 | 2.41B | 3.04B |
| Q4 FY2001 | 31 Dec 2001 | 0.78 | 2.41B | 3.08B |
| Q3 FY2001 | 30 Sept 2001 | 0.86 | 2.66B | 3.10B |
| Q2 FY2001 | 30 Jun 2001 | 0.92 | 2.82B | 3.06B |
| Q1 FY2001 | 31 Mar 2001 | 0.99 | 2.99B | 3.01B |
| Q4 FY2000 | 31 Dec 2000 | 0.96 | 2.97B | 3.10B |
| Q3 FY2000 | 30 Sept 2000 | 0.91 | 2.84B | 3.14B |
| Q2 FY2000 | 30 Jun 2000 | 0.88 | 2.84B | 3.23B |
| Q1 FY2000 | 31 Mar 2000 | 0.93 | 2.93B | 3.14B |
| Q4 FY1999 | 31 Dec 1999 | 0.90 | 2.79B | 3.11B |
| Q3 FY1999 | 30 Sept 1999 | 0.91 | 2.72B | 3.00B |
| Q2 FY1999 | 30 Jun 1999 | 0.60 | 1.76B | 2.94B |
| Q1 FY1999 | 31 Mar 1999 | 0.66 | 1.84B | 2.80B |
| Q4 FY1998 | 31 Dec 1998 | 0.60 | 1.72B | 2.88B |
| Q3 FY1998 | 30 Sept 1998 | 0.53 | 1.54B | 2.92B |
| Q2 FY1998 | 30 Jun 1998 | 0.64 | 1.74B | 2.70B |
| Q1 FY1998 | 31 Mar 1998 | 0.67 | 1.75B | 2.61B |
| Q4 FY1997 | 31 Dec 1997 | 0.68 | 1.70B | 2.51B |
| Q3 FY1997 | 30 Sept 1997 | 0.63 | 1.56B | 2.48B |
| Q2 FY1997 | 30 Jun 1997 | 0.64 | 1.58B | 2.46B |
| Q1 FY1997 | 31 Mar 1997 | 0.65 | 1.60B | 2.45B |
| Q4 FY1996 | 31 Dec 1996 | 0.60 | 1.48B | 2.48B |
| Q3 FY1996 | 30 Sept 1996 | 0.56 | 1.43B | 2.56B |
| Q2 FY1996 | 30 Jun 1996 | 0.65 | 1.61B | 2.48B |
| Q1 FY1996 | 31 Mar 1996 | 0.56 | 1.40B | 2.50B |
| Q4 FY1995 | 31 Dec 1995 | 0.48 | 1.22B | 2.57B |
| Q3 FY1995 | 30 Sept 1995 | 0.45 | 1.19B | 2.64B |
| Q2 FY1995 | 30 Jun 1995 | 0.36 | 1.02B | 2.82B |
| Q1 FY1995 | 31 Mar 1995 | 0.38 | 1.04B | 2.75B |
| Q4 FY1994 | 31 Dec 1994 | 0.45 | 1.14B | 2.56B |
| Q3 FY1994 | 30 Sept 1994 | 0.40 | 1.07B | 2.69B |
| Q2 FY1994 | 30 Jun 1994 | 0.45 | 1.15B | 2.57B |
| Q1 FY1994 | 31 Mar 1994 | 0.50 | 1.25B | 2.52B |
| Q4 FY1993 | 31 Dec 1993 | 0.46 | 1.13B | 2.47B |
| Q3 FY1993 | 30 Sept 1993 | 0.49 | 1.22B | 2.47B |
| Q2 FY1993 | 30 Jun 1993 | 0.52 | 1.31B | 2.53B |
| Q1 FY1993 | 31 Mar 1993 | 0.56 | 1.39B | 2.49B |
| Q4 FY1992 | 31 Dec 1992 | 0.48 | 1.31B | 2.70B |
| Q3 FY1992 | 30 Sept 1992 | 0.53 | 1.46B | 2.77B |
| Q2 FY1992 | 30 Jun 1992 | 0.54 | 1.48B | 2.75B |
| Q1 FY1992 | 31 Mar 1992 | 0.60 | 1.58B | 2.63B |
| Q4 FY1991 | 31 Dec 1991 | 0.59 | 1.57B | 2.65B |
| Q3 FY1991 | 30 Sept 1991 | 0.62 | 1.63B | 2.61B |
| Q2 FY1991 | 30 Jun 1991 | 0.68 | 1.72B | 2.54B |
| Q1 FY1991 | 31 Mar 1991 | 0.69 | 1.74B | 2.53B |
| Q4 FY1990 | 31 Dec 1990 | 0.64 | 1.62B | 2.55B |
| Q3 FY1990 | 30 Sept 1990 | 0.71 | 1.74B | 2.46B |
| Q2 FY1990 | 30 Jun 1990 | 0.67 | 1.61B | 2.42B |
| Q1 FY1990 | 31 Mar 1990 | 0.70 | 1.63B | 2.33B |
| Q4 FY1989 | 31 Dec 1989 | 0.71 | 1.62B | 2.28B |
| Q3 FY1989 | 30 Sept 1989 | 0.65 | 1.43B | 2.19B |
| Q2 FY1989 | 30 Jun 1989 | — | — | — |
| Q1 FY1989 | 31 Mar 1989 | — | — | — |
| Q4 FY1988 | 31 Dec 1988 | 0.58 | 1.30B | 2.24B |
| Q3 FY1988 | 30 Sept 1988 | — | — | — |
| Q2 FY1988 | 30 Jun 1988 | — | — | — |
| Q1 FY1988 | 31 Mar 1988 | — | — | — |
| Q4 FY1987 | 31 Dec 1987 | 0.69 | 1.41B | 2.04B |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
| Q4 FY1986 | 31 Dec 1986 | 0.68 | 1.35B | 1.98B |
| Q3 FY1986 | 30 Sept 1986 | — | — | — |
| Q2 FY1986 | 30 Jun 1986 | — | — | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | 0.72 | 1.22B | 1.71B |
| Q3 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about PPG Industries's debt to equity
Source: Financial Modeling Prep
