PPG Industries Inc (PPG)
Return on total capital
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,906,000 | 1,963,000 | 2,016,000 | 2,051,000 | 2,233,000 | 2,176,000 | 2,176,000 | 1,995,000 | 2,118,000 | 1,961,000 | 1,852,000 | 1,548,000 | 1,488,000 | 1,495,000 | 1,515,000 | 1,936,000 | 2,000,000 | 2,135,000 | 1,678,000 | 1,500,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 7,800,000 | 7,577,000 | 6,927,000 | 6,785,000 | 7,788,000 | 7,767,000 | 7,941,000 | 7,832,000 | 7,751,000 | 7,614,000 | 7,142,000 | 6,592,000 | 6,034,000 | 6,182,000 | 6,218,000 | 6,286,000 | 6,253,000 | 6,242,000 | 5,839,000 | 5,689,000 |
| Return on total capital | 24.44% | 25.91% | 29.10% | 30.23% | 28.67% | 28.02% | 27.40% | 25.47% | 27.33% | 25.76% | 25.93% | 23.48% | 24.66% | 24.18% | 24.36% | 30.80% | 31.98% | 34.20% | 28.74% | 26.37% |
September 30, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,906,000K ÷ ($—K + $7,800,000K)
= 24.44%
Peer comparison
Sep 30, 2025
Company name
Symbol
Return on total capital
PPG Industries Inc
PPG
24.44%
Air Products and Chemicals Inc
APD
-1.51%
Ashland Global Holdings Inc
ASH
-40.50%
Cabot Corporation
CBT
42.18%
Eastman Chemical Company
EMN
—
H B Fuller Company
FUL
13.75%
LyondellBasell Industries NV
LYB
-8.75%
Minerals Technologies Inc
MTX
3.93%
Sherwin-Williams Co
SHW
84.67%
WD-40 Company
WDFC
28.69%