PPG INDUSTRIES INC (PPG) closed fiscal year 2025 with a gross margin of 41.3 % and a net margin of 9.9 %.
PPG INDUSTRIES INC (PPG) closed fiscal year 2025 with a gross margin of 41.3 % and a net margin of 9.9 %. The same year shows an EBITDA margin of 17.7 % and an EBIT margin of 14.4 %. The free cash flow margin was 7.3 %. Against the previous year the gross margin moved −0.3 pp and the net margin +2.9 pp. Across the period the gross margin ranges between 36.1 % in 2022 and 44.3 % in 2017. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | — | 44.34 % | 41.45 % | 42.87 % | 43.78 % | 38.78 % | 36.12 % | 40.41 % | 41.61 % | 41.32 % |
| EBITDA margin (%) | — | — | 13.61 % | 16.33 % | 15.83 % | 15.01 % | 15.72 % | 17.86 % | 19.19 % | 19.78 % | 18.66 % | 17.01 % | 18.37 % | 18.92 % | 16.26 % | 16.29 % | 19.63 % | 16.31 % | 17.73 % |
| EBIT margin (%) | — | — | 9.69 % | 12.83 % | 12.60 % | 12.06 % | 12.73 % | 14.81 % | 16.06 % | 16.69 % | 15.54 % | 13.78 % | 14.99 % | 15.25 % | 12.92 % | 13.08 % | 16.47 % | 13.21 % | 14.40 % |
| Net margin (%) | 6.82 % | 3.39 % | 2.75 % | 5.73 % | 8.33 % | 6.96 % | 21.39 % | 14.21 % | 9.87 % | 6.12 % | 10.81 % | 8.72 % | 8.21 % | 7.66 % | 8.56 % | 6.57 % | 7.82 % | 7.04 % | 9.93 % |
| FCF margin (%) | 5.72 % | 6.65 % | 9.04 % | 7.47 % | 8.44 % | 10.78 % | 8.58 % | 6.52 % | 10.29 % | 6.80 % | 8.19 % | 6.87 % | 11.01 % | 13.20 % | 7.09 % | 3.05 % | 11.67 % | 4.41 % | 7.33 % |
