PPG Industries, Inc. (PPG) FCF Payout Ratio: 52.38%
Is PPG Industries, Inc.’s FCF payout ratio high or low?
PPG Industries, Inc.'s FCF payout ratio of 52.38% is 14% below its 5-year average of 61.03%, near the low end of its 5-year range (27.16%–119.50%).
26.73% below its 12-month average of 71.49%.
PPG FCF Payout Ratio Chart
PPG Average FCF Payout Ratio Chart
PPG Current vs Average FCF Payout Ratio Chart
PPG FCF Payout Ratio Metrics
FCF PAYOUT RATIO
52.38%
FCF PAYOUT RATIO AVG TTM
71.49%
FCF PAYOUT RATIO AVG 3Y
73.51%
FCF PAYOUT RATIO AVG 5Y
61.03%
FCF PAYOUT RATIO AVG 10Y
49.65%
FCF PAYOUT RATIO AVG 15Y
35.63%
FCF PAYOUT RATIO AVG 20Y
37.66%
CURRENT VS TTM AVG
-26.73%
CURRENT VS 3Y AVG
-28.74%
CURRENT VS 5Y AVG
-14.18%
CURRENT VS 10Y AVG
+5.51%
CURRENT VS 15Y AVG
+47.00%
CURRENT VS 20Y AVG
+39.10%
Payout Ratio Comparison
FCF Payout Ratio
52.4%
Earnings Payout Ratio
40.8%
Dividend Yield
2.40%
FCF Yield
4.62%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.16B | $628.00M | 54.0% |
| 2024 | $699.00M | $622.00M | 89.0% |
| 2023 | $1.90B | $598.00M | 31.6% |
| 2022 | $477.00M | $570.00M | 119.5% |
| 2021 | $1.19B | $536.00M | 45.0% |
| 2020 | $1.83B | $496.00M | 27.2% |
| 2019 | $1.67B | $468.00M | 28.1% |
| 2018 | $1.06B | $453.00M | 42.9% |
| 2017 | $1.21B | $434.00M | 35.9% |
| 2016 | $923.00M | $414.00M | 44.9% |
| 2015 | $1.36B | $383.00M | 28.1% |
| 2014 | $941.00M | $361.00M | 38.4% |
| 2013 | $1.28B | $345.00M | 27.0% |
| 2012 | $1.38B | $358.00M | 26.0% |
| 2011 | $1.05B | $355.00M | 33.9% |
| 2010 | $1.00B | $360.00M | 35.9% |
| 2009 | $1.11B | $430.00M | 38.9% |
| 2008 | $975.00M | $422.00M | 43.3% |
| 2007 | $643.00M | $335.00M | 52.1% |
| 2006 | $758.00M | $316.00M | 41.7% |
| 2005 | $777.00M | $316.00M | 40.7% |
| 2004 | $774.00M | $307.00M | 39.7% |
| 2003 | $906.00M | $294.00M | 32.5% |
| 2002 | $634.00M | $287.00M | 45.3% |
| 2001 | $769.00M | $283.00M | 36.8% |
| 2000 | $309.00M | $276.00M | 89.3% |
| 1999 | $412.00M | $264.00M | 64.1% |
| 1998 | $455.00M | $252.00M | 55.4% |
| 1997 | $541.00M | $239.00M | 44.2% |
| 1996 | $532.00M | $237.00M | 44.5% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
PPG Industries, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
PPG Industries, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for PPG Industries, Inc. (PPG)?
- The FCF payout ratio for PPG stock is 52.38%.
- Is PPG Industries, Inc.'s FCF payout ratio high or low?
- PPG Industries, Inc.'s FCF payout ratio of 52.38% is 14% below its 5-year average of 61.03%, near the low end of its 5-year range (27.16%–119.50%).
- What is the TTM average FCF payout ratio for PPG Industries, Inc. (PPG)?
- The TTM average FCF payout ratio for PPG stock is 71.49%.
- What is the 3Y average FCF payout ratio for PPG Industries, Inc. (PPG)?
- The 3Y average FCF payout ratio for PPG stock is 73.51%.
- What is the 5Y average FCF payout ratio for PPG Industries, Inc. (PPG)?
- The 5Y average FCF payout ratio for PPG stock is 61.03%.
- What is the 10Y average FCF payout ratio for PPG Industries, Inc. (PPG)?
- The 10Y average FCF payout ratio for PPG stock is 49.65%.
- What is the 15Y average FCF payout ratio for PPG Industries, Inc. (PPG)?
- The 15Y average FCF payout ratio for PPG stock is 35.63%.
- What is the 20Y average FCF payout ratio for PPG Industries, Inc. (PPG)?
- The 20Y average FCF payout ratio for PPG stock is 37.66%.
PPG Industries, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 54.00% |
| 2024-12-31 | 88.98% |
| 2023-12-31 | 31.56% |
| 2022-12-31 | 119.50% |
| 2021-12-31 | 45.00% |
| 2020-12-31 | 27.16% |
| 2019-12-31 | 28.07% |
| 2018-12-31 | 42.90% |
| 2017-12-31 | 35.93% |
| 2016-12-31 | 44.85% |
| 2015-12-31 | 28.14% |
| 2014-12-31 | 38.36% |
| 2013-12-31 | 27.04% |
| 2012-12-31 | 26.02% |
| 2011-12-31 | 33.94% |
| 2010-12-31 | 35.89% |
| 2009-12-31 | 38.88% |
| 2008-12-31 | 43.28% |
| 2007-12-31 | 52.10% |
| 2006-12-31 | 41.69% |
| 2005-12-31 | 40.67% |
| 2004-12-31 | 39.66% |
| 2003-12-31 | 32.45% |
| 2002-12-31 | 45.27% |
| 2001-12-31 | 36.80% |
| 2000-12-31 | 89.32% |
| 1999-12-31 | 64.08% |
| 1998-12-31 | 55.38% |
| 1997-12-31 | 44.18% |
| 1996-12-31 | 44.55% |
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.
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- CEO
- Timothy Knavish