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PPG Industries, Inc. (PPG) Operating Margin: 12.80%

Is PPG Industries, Inc.’s operating margin high or low?

PPG Industries, Inc.'s operating margin of 12.80% is in line with its 5-year average of 12.37%, around the middle of its 5-year range (10.03%–14.43%).

As of Friday, June 19, 2026. 8.86% below its 12-month average of 14.04%.

PPG Operating Margin Chart

PPG Operating Margin
13.66%-5.34% 1Y
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PPG Average Operating Margin Chart

PPG Current vs Average Operating Margin Chart

PPG Operating Margin Metrics

OPERATING MARGIN

12.80%

OPERATING MARGIN AVG TTM

14.04%

OPERATING MARGIN AVG 3Y

12.82%

OPERATING MARGIN AVG 5Y

12.37%

OPERATING MARGIN AVG 10Y

12.26%

OPERATING MARGIN AVG 15Y

11.76%

OPERATING MARGIN AVG 20Y

11.41%

CURRENT VS TTM AVG

-8.86%

CURRENT VS 3Y AVG

-0.18%

CURRENT VS 5Y AVG

+3.52%

CURRENT VS 10Y AVG

+4.37%

CURRENT VS 15Y AVG

+8.81%

CURRENT VS 20Y AVG

+12.22%

PPG Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
PPG Industries, Inc. (PPG)$26.35B12.80%14.04%12.82%12.37%
Dow Inc. (DOW)vs ›$22.87B-2.31%2.73%5.11%6.91%
Nutrien Ltd. (NTR)vs ›$30.08B14.15%12.88%16.89%14.85%
International Flavors & Fragrances Inc. (IFF)vs ›$19.59B7.56%7.20%-3.66%0.25%
DuPont de Nemours, Inc. (DD)vs ›$19.55B15.35%13.66%14.27%14.36%
CEMEX, S.A.B. de C.V. (CX)vs ›$18.47B12.07%11.22%10.89%8.53%
Alcoa Corporation (AA)vs ›$15.66B3.82%7.74%7.14%8.88%
Vulcan Materials Company (VMC)vs ›$39.30B20.62%19.23%17.45%17.74%
United States Steel Corporation (X)vs ›$12.42B-2.36%6.03%12.42%7.18%
MP Materials Corp. (MP)vs ›$10.68B-39.42%-63.84%-18.15%-8.10%

Operating Efficiency

Gross Margin

40.6%

Operating Margin

12.8%

PPG Industries, Inc. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PPG Industries, Inc. Operating Margin FAQ

What is the operating margin for PPG Industries, Inc. (PPG)?
The operating margin for PPG stock is 12.80%.
Is PPG Industries, Inc.'s operating margin high or low?
PPG Industries, Inc.'s operating margin of 12.80% is in line with its 5-year average of 12.37%, around the middle of its 5-year range (10.03%–14.43%).
What is the TTM average operating margin for PPG Industries, Inc. (PPG)?
The TTM average operating margin for PPG stock is 14.04%.
What is the 3Y average operating margin for PPG Industries, Inc. (PPG)?
The 3Y average operating margin for PPG stock is 12.82%.
What is the 5Y average operating margin for PPG Industries, Inc. (PPG)?
The 5Y average operating margin for PPG stock is 12.37%.
What is the 10Y average operating margin for PPG Industries, Inc. (PPG)?
The 10Y average operating margin for PPG stock is 12.26%.
What is the 15Y average operating margin for PPG Industries, Inc. (PPG)?
The 15Y average operating margin for PPG stock is 11.76%.
What is the 20Y average operating margin for PPG Industries, Inc. (PPG)?
The 20Y average operating margin for PPG stock is 11.41%.

PPG Industries, Inc. Operating Margin History

DATEOPERATING MARGIN
2025-12-3113.66%
2024-12-3114.43%
2023-12-3112.53%
2022-12-3110.67%
2021-12-3110.03%
2020-12-3112.87%
2019-12-3112.85%
2018-12-3112.11%
2017-12-3113.66%
2016-12-318.33%
2015-12-3113.76%
2014-12-3112.26%
2013-12-3110.87%
2012-12-3110.02%
2011-12-319.98%
2010-12-3110.18%
2009-12-317.21%
2008-12-317.85%
2007-12-3110.70%
2006-12-3112.46%
2005-12-3113.11%
2004-12-3111.65%
2003-12-3111.11%
2002-12-3111.29%
2001-12-3111.31%
2000-12-3113.93%
1999-12-3113.87%
1998-12-3116.11%
1997-12-3117.83%
1996-12-3117.94%

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