PPG Industries, Inc. (PPG) Return on Invested Capital (ROIC): 43.13%
Is PPG Industries, Inc.’s return on invested capital (ROIC) high or low?
PPG Industries, Inc.'s return on invested capital (ROIC) of 43.13% is 195% above its 5-year average of 14.62%, near the high end of its 5-year range (7.70%–43.13%).
As of Friday, June 19, 2026. 59.42% above its 12-month average of 27.05%.
PPG Return on Invested Capital (ROIC) Chart
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
RETURN ON INVESTED CAPITAL (ROIC)
43.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
27.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
17.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
14.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.67%
CURRENT VS TTM AVG
+59.42%
CURRENT VS 3Y AVG
+143.91%
CURRENT VS 5Y AVG
+194.94%
CURRENT VS 10Y AVG
+238.20%
CURRENT VS 15Y AVG
+345.01%
CURRENT VS 20Y AVG
+345.93%
PPG Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PPG Industries, Inc. (PPG) | $26.35B | 43.13% | 27.05% | 17.68% | 14.62% |
| Dow Inc. (DOW)vs › | $22.87B | 0.51% | 1.87% | 4.25% | 5.41% |
| Nutrien Ltd. (NTR)vs › | $30.08B | 6.79% | 5.53% | 8.91% | 7.85% |
| International Flavors & Fragrances Inc. (IFF)vs › | $19.59B | 3.19% | 2.91% | -1.44% | -0.11% |
| DuPont de Nemours, Inc. (DD)vs › | $19.55B | 2.18% | 2.86% | 3.62% | 3.63% |
| CEMEX, S.A.B. de C.V. (CX)vs › | $18.47B | 3.98% | 5.79% | 4.14% | 3.44% |
| Alcoa Corporation (AA)vs › | $15.66B | 6.12% | 3.51% | 1.90% | 2.78% |
| Vulcan Materials Company (VMC)vs › | $39.30B | 8.02% | 7.30% | 6.97% | 6.71% |
| United States Steel Corporation (X)vs › | $12.42B | 1.24% | 5.50% | 14.46% | 8.82% |
| MP Materials Corp. (MP)vs › | $10.68B | -2.36% | -3.92% | 1.14% | 1.71% |
Capital Efficiency
ROIC
43.1%
ROE
19.6%
PPG Industries, Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
PPG Industries, Inc. 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 43.13%.
- Is PPG Industries, Inc.'s return on invested capital (ROIC) high or low?
- PPG Industries, Inc.'s return on invested capital (ROIC) of 43.13% is 195% above its 5-year average of 14.62%, near the high end of its 5-year range (7.70%–43.13%).
- 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 27.05%.
- 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 17.68%.
- 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 14.62%.
- 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 12.75%.
- 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 9.69%.
- 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 9.67%.
PPG Industries, Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 43.13% |
| 2024-12-31 | 10.98% |
| 2023-12-31 | 8.92% |
| 2022-12-31 | 7.70% |
| 2021-12-31 | 7.97% |
| 2020-12-31 | 9.04% |
| 2019-12-31 | 10.61% |
| 2018-12-31 | 11.99% |
| 2017-12-31 | 11.03% |
| 2016-12-31 | 7.10% |
| 2015-12-31 | 11.81% |
| 2014-12-31 | 11.37% |
| 2013-12-31 | 10.46% |
| 2012-12-31 | 8.66% |
| 2011-12-31 | 9.58% |
| 2010-12-31 | 8.16% |
| 2009-12-31 | 5.58% |
| 2008-12-31 | 7.51% |
| 2007-12-31 | 9.44% |
| 2006-12-31 | 12.46% |
| 2005-12-31 | 13.07% |
| 2004-12-31 | 11.23% |
| 2003-12-31 | 9.60% |
| 2002-12-31 | 10.85% |
| 2001-12-31 | 7.84% |
| 2000-12-31 | 9.73% |
| 1999-12-31 | 8.91% |
| 1998-12-31 | 12.92% |
| 1997-12-31 | 14.47% |
| 1996-12-31 | 14.91% |
Related Metrics
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