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PPG Industries, Inc. (PPG) Debt to Equity Ratio: -2.10

Is PPG Industries, Inc.’s debt to equity ratio high or low?

PPG Industries, Inc.'s debt to equity ratio of -2.10 is 297% below its 5-year average of 1.07, near the low end of its 5-year range (-2.10–1.19).

As of Friday, June 19, 2026. 335.96% below its 12-month average of 0.89.

PPG Debt to Equity Ratio Chart

PPG Debt to Equity Ratio
0.94+11.90% 1Y
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PPG Average Debt to Equity Ratio Chart

PPG Current vs Average Debt to Equity Ratio Chart

PPG Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

-2.10

DEBT TO EQUITY RATIO AVG TTM

0.89

DEBT TO EQUITY RATIO AVG 3Y

1.03

DEBT TO EQUITY RATIO AVG 5Y

1.07

DEBT TO EQUITY RATIO AVG 10Y

0.98

DEBT TO EQUITY RATIO AVG 15Y

0.97

DEBT TO EQUITY RATIO AVG 20Y

0.88

CURRENT VS TTM AVG

-335.96%

CURRENT VS 3Y AVG

-303.39%

CURRENT VS 5Y AVG

-296.88%

CURRENT VS 10Y AVG

-314.29%

CURRENT VS 15Y AVG

-317.54%

CURRENT VS 20Y AVG

-338.91%

PPG Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
PPG Industries, Inc. (PPG)$26.35B-2.100.891.031.07
Dow Inc. (DOW)vs ›$22.87B1.221.120.981.06
Nutrien Ltd. (NTR)vs ›$30.08B0.510.520.500.49
International Flavors & Fragrances Inc. (IFF)vs ›$19.59B0.470.580.640.65
DuPont de Nemours, Inc. (DD)vs ›$19.55B0.230.270.290.33
CEMEX, S.A.B. de C.V. (CX)vs ›$18.47B0.570.580.670.84
Alcoa Corporation (AA)vs ›$15.66B0.450.500.460.50
Vulcan Materials Company (VMC)vs ›$39.30B0.630.680.650.65
United States Steel Corporation (X)vs ›$12.42B0.370.380.400.65
MP Materials Corp. (MP)vs ›$10.68B0.440.660.580.52

Financial Health

Debt/Equity

-2.10

Current Ratio

1.62

PPG Industries, Inc. Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PPG Industries, Inc. Debt to Equity Ratio FAQ

What is the debt to equity ratio for PPG Industries, Inc. (PPG)?
The debt to equity ratio for PPG stock is -2.10.
Is PPG Industries, Inc.'s debt to equity ratio high or low?
PPG Industries, Inc.'s debt to equity ratio of -2.10 is 297% below its 5-year average of 1.07, near the low end of its 5-year range (-2.10–1.19).
What is the TTM average debt to equity ratio for PPG Industries, Inc. (PPG)?
The TTM average debt to equity ratio for PPG stock is 0.89.
What is the 3Y average debt to equity ratio for PPG Industries, Inc. (PPG)?
The 3Y average debt to equity ratio for PPG stock is 1.03.
What is the 5Y average debt to equity ratio for PPG Industries, Inc. (PPG)?
The 5Y average debt to equity ratio for PPG stock is 1.07.
What is the 10Y average debt to equity ratio for PPG Industries, Inc. (PPG)?
The 10Y average debt to equity ratio for PPG stock is 0.98.
What is the 15Y average debt to equity ratio for PPG Industries, Inc. (PPG)?
The 15Y average debt to equity ratio for PPG stock is 0.97.
What is the 20Y average debt to equity ratio for PPG Industries, Inc. (PPG)?
The 20Y average debt to equity ratio for PPG stock is 0.88.

PPG Industries, Inc. Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2024-12-310.94
2023-12-310.84
2022-12-311.16
2021-12-311.19
2020-12-311.16
2019-12-311.11
2018-12-311.08
2017-12-310.75
2016-12-310.92
2015-12-310.86
2014-12-310.77
2013-12-310.69
2012-12-310.99
2011-12-311.13
2009-12-310.89
2008-12-311.17
2007-12-310.73
2006-12-310.40
2005-12-310.42
2004-12-310.38
2003-12-310.57
2002-12-310.95
2001-12-310.78
2000-12-310.96
1999-12-310.90
1998-12-310.60
1997-12-310.68
1996-12-310.60

About PPG Industries, Inc.

PPG Industries, Inc. operates globally as a manufacturer and distributor of paints, protective coatings, and various specialty materials. Its Performance Coatings division offers an extensive range of products, including paints, solvents, adhesives, sealants, and software, designed for the repair and refurbishment of automotive and commercial vehicles, light industrial applications, and signage. This segment also supplies advanced coatings, sealants, transparent components (such as transparent armor), engineered materials, and chemical management services to the commercial, military, and general aviation aerospace sectors. Furthermore, it develops protective coatings and finishes for metals and large-scale structures, serving metal fabricators, heavy-duty maintenance contractors, and manufacturers of ships, bridges, and rail cars. Architectural offerings include paints, wood stains, adhesives, and sundry items for both professional contractors and individual consumers for the decoration and upkeep of residential and commercial buildings. Additionally, it provides paints, thermoplastics, and other advanced solutions for pavement marking. The Industrial Coatings segment delivers specialized coatings, adhesives, sealants, and metal pretreatment solutions. These are applied across a diverse array of manufactured goods, including appliances, agricultural and construction machinery, consumer electronics, automotive components, building materials, kitchenware, and transportation vehicles, often supported by on-site application services. This segment also produces coatings specifically for packaging, such as metal cans, closures, plastic tubes, and promotional or specialty containers. Beyond coatings, PPG innovates with unique materials like amorphous precipitated silica for tires and battery separators; TESLIN substrates utilized in labels, e-passports, driver's licenses, and identification cards; as well as organic light-emitting diode (OLED) materials, display and lighting lens components, optical lenses, color-changing technologies, and photochromic dyes. Founded in 1883, PPG Industries, Inc. is headquartered in Pittsburgh, Pennsylvania.

Pittsburgh, PA
46,000 employees
Basic Materials / Chemicals - Specialty
Sector
Basic Materials
Industry
Chemicals - Specialty
CEO
Timothy Knavish