PPG Industries Inc (PPG)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,852,000 | 2,034,000 | 1,980,000 | 1,933,000 | 1,748,000 | 1,875,000 | 1,736,000 | 1,656,000 | 1,381,000 | 1,344,000 | 1,367,000 | 1,394,000 | 1,815,000 | 1,878,000 | 2,009,000 | 1,542,000 | 1,362,000 | 1,415,000 | 1,324,000 | 1,561,000 |
| 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 |
| Pretax margin | 11.69% | 11.28% | 10.94% | 10.63% | 9.58% | 10.37% | 9.70% | 9.34% | 7.82% | 7.61% | 7.78% | 8.09% | 10.80% | 11.47% | 12.81% | 10.75% | 9.85% | 10.29% | 9.53% | 10.48% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,852,000K ÷ $15,845,000K
= 11.69%
The pretax margin of PPG Industries Inc has shown fluctuations over the specified periods from March 31, 2020, to December 31, 2024. The pretax margin, which indicates the company's efficiency in generating profits before accounting for taxes, ranged from a low of 7.61% on September 30, 2022, to a high of 12.81% on June 30, 2021.
Despite some variability across quarters, the trend in pretax margin appears relatively stable, with periodic increases and decreases. Notably, a general upward trend can be observed from the beginning of the data set in March 2020 until reaching a peak at 12.81% in June 2021. Subsequently, there was a decline in pretax margin, followed by fluctuations within a narrower range through the end of 2024, where it reached 11.69% on December 31, 2024.
Overall, the pretax margin of PPG Industries Inc demonstrates the company's ability to manage its operating costs and generate profits before the impact of taxes. Nevertheless, it is important to observe trends in conjunction with other financial metrics to gain a comprehensive understanding of the company's financial performance and operational efficiency.
Peer comparison
Dec 31, 2024