PPG Industries (PPG) ROIC: History & Chart

Name: PPG Industries, Inc. (PPG) Return on Invested Capital (ROIC) — historical time series
Creator: TGMCharts

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PPG Industries, Inc.(PPG)

Chemicals - Specialty · Pittsburgh, PA

$105.16+0.18 (+0.17%)

Delayed quote: Sep 17, 2026, 3:50 PM EDT

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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

43,500 employees

www.ppg.com

Basic Materials / Chemicals - Specialty

Sector: Basic Materials
Industry: Chemicals - Specialty
CEO: Timothy Knavish

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PPG Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

8.84%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

8.67%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

9.27%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

8.79%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

9.19%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

9.84%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

9.58%

CURRENT VS TTM AVG

+1.88%

CURRENT VS 3Y AVG

-4.66%

CURRENT VS 5Y AVG

+0.57%

CURRENT VS 10Y AVG

-3.82%

CURRENT VS 15Y AVG

-10.25%

CURRENT VS 20Y AVG

-7.73%

SECTOR MEDIAN · BASIC MATERIALS

8.91%

median of 54 covered companies

CURRENT VS SECTOR MEDIAN

-0.90%

vs the sector median at left

NAME	MARKET CAP	RETURN ON INVESTED CAPITAL (ROIC)	TTM	3Y	5Y
PPG Industries, Inc. (PPG)	$23.38B	8.84%	8.67%	9.27%	8.79%
International Flavors & Fragrances Inc. (IFF)vs ›	$21.65B	2.80%	3.16%	-1.32%	-0.03%
Royal Gold, Inc. (RGLD)vs ›	$21.39B	8.58%	7.97%	7.75%	8.08%
Dow Inc. (DOW)vs ›	$21.28B	-0.06%	1.89%	4.28%	5.44%
Coeur Mining, Inc. (CDE)vs ›	$20.67B	6.05%	9.68%	3.70%	5.46%
LyondellBasell Industries N.V. (LYB)vs ›	$20.68B	3.48%	2.04%	6.45%	8.28%
CF Industries Holdings, Inc. (CF)vs ›	$20.58B	16.58%	12.92%	18.79%	16.05%
Sociedad Química y Minera de Chile S.A. (SQM)vs ›	$20.51B	11.60%	5.67%	19.63%	15.64%
Reliance Steel & Aluminum Co. (RS)vs ›	$20.49B	9.36%	9.00%	13.00%	12.81%
Carpenter Technology Corporation (CRS)vs ›	$20.23B	17.08%	15.53%	11.28%	5.80%

NAME

MARKET CAP

RETURN ON INVESTED CAPITAL (ROIC)

TTM

PPG Industries, Inc. (PPG)

$23.38B

8.84%

8.67%

9.27%

8.79%

International Flavors & Fragrances Inc. (IFF)vs ›

$21.65B

2.80%

3.16%

-1.32%

-0.03%

Royal Gold, Inc. (RGLD)vs ›

$21.39B

8.58%

7.97%

7.75%

8.08%

Dow Inc. (DOW)vs ›

$21.28B

-0.06%

1.89%

4.28%

5.44%

Coeur Mining, Inc. (CDE)vs ›

$20.67B

6.05%

9.68%

3.70%

5.46%

LyondellBasell Industries N.V. (LYB)vs ›

$20.68B

3.48%

2.04%

6.45%

8.28%

CF Industries Holdings, Inc. (CF)vs ›

$20.58B

16.58%

12.92%

18.79%

16.05%

Sociedad Química y Minera de Chile S.A. (SQM)vs ›

$20.51B

11.60%

5.67%

19.63%

15.64%

Reliance Steel & Aluminum Co. (RS)vs ›

$20.49B

9.36%

9.00%

13.00%

12.81%

Carpenter Technology Corporation (CRS)vs ›

$20.23B

17.08%

15.53%

11.28%

5.80%

Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)

Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.

Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for PPG Industries, Inc. (PPG)?

The return on invested capital (ROIC) for PPG stock is 8.84%.

Is PPG Industries, Inc.'s return on invested capital (ROIC) high or low?

The return on invested capital (ROIC) of 8.84% is in line with its 5-year average of 8.79%, around the middle of its 5-year range (6.97%–10.83%).

What is the TTM average return on invested capital (ROIC) for PPG Industries, Inc. (PPG)?

The TTM average return on invested capital (ROIC) for PPG stock is 8.67%.

What is the 3Y average return on invested capital (ROIC) for PPG Industries, Inc. (PPG)?

The 3Y average return on invested capital (ROIC) for PPG stock is 9.27%.

What is the 5Y average return on invested capital (ROIC) for PPG Industries, Inc. (PPG)?

The 5Y average return on invested capital (ROIC) for PPG stock is 8.79%.

What is the 10Y average return on invested capital (ROIC) for PPG Industries, Inc. (PPG)?

The 10Y average return on invested capital (ROIC) for PPG stock is 9.19%.

What is the 15Y average return on invested capital (ROIC) for PPG Industries, Inc. (PPG)?

The 15Y average return on invested capital (ROIC) for PPG stock is 9.84%.

What is the 20Y average return on invested capital (ROIC) for PPG Industries, Inc. (PPG)?

The 20Y average return on invested capital (ROIC) for PPG stock is 9.58%.

DATE	RETURN ON INVESTED CAPITAL (ROIC)
2026-06-30	8.84%
2026-03-31	8.89%
2025-12-31	8.75%
2025-09-30	8.04%
2025-06-30	8.84%
2025-03-31	9.47%
2024-12-31	10.83%
2024-09-30	10.02%
2024-06-30	9.98%
2024-03-31	9.91%
2023-12-31	9.30%
2023-09-30	9.20%
2023-06-30	8.40%
2023-03-31	7.69%
2022-12-31	8.01%
2022-09-30	7.69%
2022-06-30	7.19%
2022-03-31	6.97%
2021-12-31	8.07%
2021-09-30	8.95%
2021-06-30	9.44%
2021-03-31	9.72%
2020-12-31	9.15%
2020-09-30	9.14%
2020-06-30	8.50%
2020-03-31	9.88%
2019-12-31	10.74%
2019-09-30	10.22%
2019-06-30	10.29%
2019-03-31	10.73%
2018-12-31	11.99%
2018-09-30	10.45%
2018-06-30	10.73%
2018-03-31	10.40%
2017-12-31	10.98%
2017-09-30	11.31%
2017-06-30	7.36%
2017-03-31	6.41%
2016-12-31	6.70%
2016-09-30	6.67%
2016-06-30	10.79%
2016-03-31	12.35%
2015-12-31	12.31%
2015-09-30	12.27%
2015-06-30	12.14%
2015-03-31	11.59%
2014-12-31	11.46%
2014-09-30	11.31%
2014-06-30	10.98%
2014-03-31	10.62%
2013-12-31	10.76%
2013-09-30	10.14%
2013-06-30	9.95%
2013-03-31	10.18%
2012-12-31	10.35%
2012-09-30	10.57%
2012-06-30	11.46%
2012-03-31	11.64%
2011-12-31	11.77%
2011-09-30	11.49%
2011-06-30	10.52%
2011-03-31	9.92%
2010-12-31	8.14%
2010-09-30	8.00%
2010-06-30	7.38%
2010-03-31	5.83%
2009-12-31	5.58%
2009-09-30	4.91%
2009-06-30	5.37%
2009-03-31	7.09%
2008-12-31	7.44%
2008-09-30	8.23%
2008-06-30	7.30%
2008-03-31	7.15%
2007-12-31	9.46%
2007-09-30	11.27%
2007-06-30	14.19%
2007-03-31	15.11%
2006-12-31	15.92%
2006-09-30	16.58%
2006-06-30	13.59%
2006-03-31	13.63%
2005-12-31	13.93%
2005-09-30	13.99%
2005-06-30	13.43%
2005-03-31	12.44%
2004-12-31	11.23%
2004-09-30	8.95%
2004-06-30	8.60%
2004-03-31	8.33%
2003-12-31	8.09%
2003-09-30	9.26%
2003-06-30	9.07%

DATE

RETURN ON INVESTED CAPITAL (ROIC)

2026-06-30

8.84%

2026-03-31

8.89%

2025-12-31

8.75%

2025-09-30

8.04%

2025-06-30

8.84%

2025-03-31

9.47%

2024-12-31

10.83%

2024-09-30

10.02%

2024-06-30

9.98%

2024-03-31

9.91%

2023-12-31

9.30%

2023-09-30

9.20%

2023-06-30

8.40%

2023-03-31

7.69%

2022-12-31

8.01%

2022-09-30

7.69%

2022-06-30

7.19%

2022-03-31

6.97%

2021-12-31

8.07%

2021-09-30

8.95%

2021-06-30

9.44%

2021-03-31

9.72%

2020-12-31

9.15%

2020-09-30

9.14%

2020-06-30

8.50%

2020-03-31

9.88%

2019-12-31

10.74%

2019-09-30

10.22%

2019-06-30

10.29%

2019-03-31

10.73%

2018-12-31

11.99%

2018-09-30

10.45%

2018-06-30

10.73%

2018-03-31

10.40%

2017-12-31

10.98%

2017-09-30

11.31%

2017-06-30

7.36%

2017-03-31

6.41%

2016-12-31

6.70%

2016-09-30

6.67%

2016-06-30

10.79%

2016-03-31

12.35%

2015-12-31

12.31%

2015-09-30

12.27%

2015-06-30

12.14%

2015-03-31

11.59%

2014-12-31

11.46%

2014-09-30

11.31%

2014-06-30

10.98%

2014-03-31

10.62%

2013-12-31

10.76%

2013-09-30

10.14%

2013-06-30

9.95%

2013-03-31

10.18%

2012-12-31

10.35%

2012-09-30

10.57%

2012-06-30

11.46%

2012-03-31

11.64%

2011-12-31

11.77%

2011-09-30

11.49%

2011-06-30

10.52%

2011-03-31

9.92%

2010-12-31

8.14%

2010-09-30

8.00%

2010-06-30

7.38%

2010-03-31

5.83%

2009-12-31

5.58%

2009-09-30

4.91%

2009-06-30

5.37%

2009-03-31

7.09%

2008-12-31

7.44%

2008-09-30

8.23%

2008-06-30

7.30%

2008-03-31

7.15%

2007-12-31

9.46%

2007-09-30

11.27%

2007-06-30

14.19%

2007-03-31

15.11%

2006-12-31

15.92%

2006-09-30

16.58%

2006-06-30

13.59%

2006-03-31

13.63%

2005-12-31

13.93%

2005-09-30

13.99%

2005-06-30

13.43%

2005-03-31

12.44%

2004-12-31

11.23%

2004-09-30

8.95%

2004-06-30

8.60%

2004-03-31

8.33%

2003-12-31

8.09%

2003-09-30

9.26%

2003-06-30

9.07%

Return on Invested Capital (ROIC): 8.84%

PPG Return on Invested Capital (ROIC)

PPG Average Return on Invested Capital (ROIC) Chart

PPG Current vs Average Return on Invested Capital (ROIC) Chart

PPG Return on Invested Capital (ROIC) Metrics

PPG Competitors' Return on Invested Capital (ROIC)

Capital Efficiency

Return on Invested Capital (ROIC) Formula & Definition

Return on Invested Capital (ROIC) FAQ

PPG Return on Invested Capital (ROIC) History

Related Metrics