PPG Industries Inc (PPG)
Financial leverage ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 22,144,000 | 22,099,000 | 21,140,000 | 19,433,000 | 21,858,000 | 21,729,000 | 21,867,000 | 21,647,000 | 21,501,000 | 21,614,000 | 22,099,000 | 20,744,000 | 20,868,000 | 21,572,000 | 21,888,000 | 21,351,000 | 21,883,000 | 22,353,000 | 20,139,000 | 19,556,000 |
| 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 |
| Financial leverage ratio | 2.84 | 2.92 | 3.05 | 2.86 | 2.81 | 2.80 | 2.75 | 2.76 | 2.77 | 2.84 | 3.09 | 3.15 | 3.46 | 3.49 | 3.52 | 3.40 | 3.50 | 3.58 | 3.45 | 3.44 |
September 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $22,144,000K ÷ $7,800,000K
= 2.84
Peer comparison
Sep 30, 2025
Company name
Symbol
Financial leverage ratio
PPG Industries Inc
PPG
2.84
Air Products and Chemicals Inc
APD
2.73
Ashland Global Holdings Inc
ASH
2.45
Cabot Corporation
CBT
2.49
Eastman Chemical Company
EMN
—
H B Fuller Company
FUL
2.59
LyondellBasell Industries NV
LYB
3.19
Minerals Technologies Inc
MTX
2.06
Sherwin-Williams Co
SHW
5.92
WD-40 Company
WDFC
1.77