PPG Industries Inc (PPG)
Interest coverage
| 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 |
| Interest expense (ttm) | US$ in thousands | 240,000 | 242,000 | 242,000 | 241,000 | 241,000 | 238,000 | 243,000 | 247,000 | 243,000 | 225,000 | 196,000 | 167,000 | 144,000 | 128,000 | 121,000 | 121,000 | 122,000 | 126,000 | 136,000 | 138,000 |
| Interest coverage | 7.94 | 8.11 | 8.33 | 8.51 | 9.27 | 9.14 | 8.95 | 8.08 | 8.72 | 8.72 | 9.45 | 9.27 | 10.33 | 11.68 | 12.52 | 16.00 | 16.39 | 16.94 | 12.34 | 10.87 |
September 30, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $1,906,000K ÷ $240,000K
= 7.94
Peer comparison
Sep 30, 2025
Company name
Symbol
Interest coverage
PPG Industries Inc
PPG
7.94
Air Products and Chemicals Inc
APD
-1.06
Ashland Global Holdings Inc
ASH
-17.00
Cabot Corporation
CBT
8.55
Eastman Chemical Company
EMN
3.62
H B Fuller Company
FUL
2.06
LyondellBasell Industries NV
LYB
-1.80
Minerals Technologies Inc
MTX
1.18
Sherwin-Williams Co
SHW
8.51
WD-40 Company
WDFC
22.36