PPG Industries Inc (PPG)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,116,000 | 1,486,000 | 1,444,000 | 1,406,000 | 1,270,000 | 1,418,000 | 1,321,000 | 1,272,000 | 1,026,000 | 1,074,000 | 1,089,000 | 1,079,000 | 1,439,000 | 1,425,000 | 1,523,000 | 1,194,000 | 1,059,000 | 1,079,000 | 1,004,000 | 1,174,000 |
| Revenue (ttm) | US$ in thousands | 15,845,000 | 18,030,000 | 18,099,000 | 18,177,000 | 18,246,000 | 18,081,000 | 17,905,000 | 17,724,000 | 17,652,000 | 17,657,000 | 17,561,000 | 17,229,000 | 16,802,000 | 16,369,000 | 15,682,000 | 14,338,000 | 13,834,000 | 13,749,000 | 13,890,000 | 14,899,000 |
| Net profit margin | 7.04% | 8.24% | 7.98% | 7.74% | 6.96% | 7.84% | 7.38% | 7.18% | 5.81% | 6.08% | 6.20% | 6.26% | 8.56% | 8.71% | 9.71% | 8.33% | 7.66% | 7.85% | 7.23% | 7.88% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,116,000K ÷ $15,845,000K
= 7.04%
The net profit margin of PPG Industries Inc has fluctuated over the past few quarters. It started at 7.88% in March 2020, decreasing to 7.23% in June 2020, and then slightly increasing to 7.85% by September 2020. Over the following quarters, there were fluctuations with margins ranging between 7.23% and 8.71%.
In more recent quarters, the net profit margin increased to 9.71% in June 2021, but then declined to 5.81% by December 2022. It then started to recover in the following periods, reaching 8.24% by September 2024. However, by the end of December 2024, the net profit margin decreased to 7.04%.
Overall, the net profit margin of PPG Industries Inc has shown variability, with some periods of improvement and others of decline. It is essential for the company to closely monitor and manage its profitability ratios to ensure sustainable financial performance in the future.
Peer comparison
Dec 31, 2024