PPG Industries Inc. (NYSE: PPG)
Specialty Chemicals · Pittsburgh, PA, United States · Founded 1883
- Market capitalization: $28.0 billion
- Annual revenue: $15.11 billion
- Net income: $1.58 billion
- Employees: 50,000
- Sector: Basic Materials
- Headquarters: Pittsburgh, United States
- Founded: 1883
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PPG Industries is one of the world's largest coatings and specialty materials companies, producing paints, coatings, and specialty materials for automotive, aerospace, industrial, and architectural applications. The company's products protect and beautify everything from cars and aircraft to bridges and buildings. PPG operates in over 70 countries with more than 150 manufacturing facilities.
PPG earns revenue from the sale of performance coatings (automotive, aerospace, industrial) and industrial coatings (packaging, architectural). The coatings business benefits from both new construction/manufacturing and the ongoing need to repaint and recoat existing structures and vehicles.
Founded in 1883 in Pittsburgh as Pittsburgh Plate Glass Company, PPG has evolved from a glass manufacturer into a pure-play coatings company. The company divested its glass and chemicals businesses over the past two decades to focus exclusively on coatings. PPG has completed over 80 acquisitions since 2008, consolidating a fragmented global coatings market.
| Market Capitalization | $28.0B |
| Annual Revenue | $15.11B |
| Net Income | $1.58B |
| Profit Margin | 10% |
| Revenue per Employee | $302200K |
| Stock Exchange | NYSE |
| Ticker Symbol | PPG |
Financial data is approximate and based on most recent annual filings.
PPG's coatings protect the exterior of Air Force One and many of the world's most iconic buildings. The company produces enough paint annually to coat the entire surface area of Manhattan multiple times over.
PPG is the consolidator of choice in global coatings—a fragmented market where scale provides purchasing power and R&D advantages. The automotive and industrial end-market exposure creates cyclicality, but the aftermarket repaint business provides a stabilizing floor.
What is PPG Industries Inc.'s revenue?
PPG Industries Inc. generates approximately $15.11 billion in annual revenue.
How many employees does PPG Industries Inc. have?
PPG Industries Inc. employs approximately 50,000 people worldwide.
What is PPG Industries Inc.'s market cap?
PPG Industries Inc. (PPG) has a market capitalization of approximately $28.0 billion on the NYSE.
When was PPG Industries Inc. founded?
PPG Industries Inc. was founded in 1883 and is headquartered in Pittsburgh, PA, United States.
Who is the CEO of PPG Industries Inc.?
Tim Knavish is the current CEO of PPG Industries Inc..
What is PPG Industries Inc.'s website?
PPG Industries Inc.'s official website is ppg.com.
| CEO | Tim Knavish |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| Founded | 1883 |
| HQ | Pittsburgh, PA |
| Country | United States |
| Website | ppg.com |
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