PPG Industries Inc (PPG)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 1,243,000 | 1,209,000 | 1,220,000 | 1,319,000 |
| Revenue (ttm) | US$ in thousands | 18,119,000 | 17,888,000 | 17,733,000 | 17,607,000 | 17,552,000 | 17,655,000 | 17,643,000 | 17,356,000 | 16,913,000 | 16,477,000 | 15,717,000 | 14,289,000 | 13,791,000 | 13,706,000 | 13,844,000 | 14,888,000 | 15,131,000 | 15,104,000 | 15,103,000 | 15,207,000 |
| Net profit margin | 7.01% | 7.93% | 7.45% | 7.22% | 5.85% | 6.08% | 6.17% | 6.22% | 8.51% | 8.65% | 9.69% | 8.36% | 7.68% | 7.87% | 7.25% | 7.89% | 8.21% | 8.00% | 8.08% | 8.67% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,270,000K ÷ $18,119,000K
= 7.01%
The net profit margin of PPG Industries, Inc. has shown moderate fluctuations over the past eight quarters, ranging from 5.81% to 7.84%. The company's net profit margin was relatively stable in 2022, with values oscillating between 5.81% and 6.26%. However, there was a slight increase in Q3 2023 with a net profit margin of 7.84%, followed by a dip in Q4 2023 to 6.96%. Overall, PPG Industries, Inc. has maintained a reasonable level of net profit margin, indicating its ability to effectively manage operating expenses and generate profits relative to revenues during the period under review.
Peer comparison
Dec 31, 2023