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PPG Industries, Inc. (PPG) Interest Coverage Ratio: 9.00x

The interest coverage ratio for PPG Industries, Inc. (PPG) is 9.00x as of Friday, June 19, 2026.

PPG Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

9.00x

PPG Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
PPG Industries, Inc. (PPG)$26.35B9.00xN/AN/AN/A
Dow Inc. (DOW)vs ›$22.87B0.30x1.51x3.66x4.83x
Nutrien Ltd. (NTR)vs ›$30.08B5.31x4.89x8.75x7.80x
International Flavors & Fragrances Inc. (IFF)vs ›$19.59B3.68x3.09x3.09x3.13x
DuPont de Nemours, Inc. (DD)vs ›$19.55B2.75x3.88x4.05x3.80x
CEMEX, S.A.B. de C.V. (CX)vs ›$18.47B3.29x3.17x3.33x3.16x
Alcoa Corporation (AA)vs ›$15.66B4.80x6.13x9.43x8.81x
Vulcan Materials Company (VMC)vs ›$39.30B3.41x5.28x5.86x6.14x
United States Steel Corporation (X)vs ›$12.42B10.00x18.21x17.86x14.55x
MP Materials Corp. (MP)vs ›$10.68B-3.90x37.58x37.58x37.58x

Financial Health Indicators

Interest Coverage

9.0x

Debt/Equity

-2.10

Current Ratio

1.62

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

PPG Industries, Inc. Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PPG Industries, Inc. Interest Coverage Ratio FAQ

What is the interest coverage ratio for PPG Industries, Inc. (PPG)?
The interest coverage ratio for PPG stock is 9.00x.

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