PPG Industries Inc (PPG)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,377,000 | 1,270,000 | 1,026,000 | 1,439,000 | 1,059,000 |
| Revenue | US$ in thousands | 15,845,000 | 18,246,000 | 17,652,000 | 16,802,000 | 13,834,000 |
| Net profit margin | 8.69% | 6.96% | 5.81% | 8.56% | 7.66% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,377,000K ÷ $15,845,000K
= 8.69%
The net profit margin of PPG Industries Inc has shown variability over the past five years. In December 2020, the net profit margin was 7.66%, which increased to 8.56% by the end of December 2021, indicating improved profitability. However, there was a decline in the net profit margin to 5.81% by December 2022.
Subsequently, the net profit margin recovered to 6.96% by December 2023, suggesting a partial recovery from the previous year's decline. The most recent data point in December 2024 shows a significant improvement in profitability, with the net profit margin standing at 8.69%.
Overall, fluctuations in the net profit margin of PPG Industries Inc indicate changes in the company's ability to generate profits relative to its revenue. It is essential for stakeholders to monitor these trends to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024