TTM
7.6%
YoY change
+2.91pp
Trough year (1989)
0.8%
Peak year (2020)
13.2%
Latest annual
7.3%
FCF Margin history chart for PPG Industries (PPG) from 1989 to 2025
Latest: 7.3%
FCF Margin change chart for PPG Industries (PPG) from 1989 to 2025
Latest: +2.91pp
FCF Margin history table for PPG Industries (PPG) from 1989 to 2025
| 2025 | 7.3% | +2.91pp | ||
| 2024 | 4.4% | -7.26pp | ||
| 2023 | 11.7% | +8.61pp | ||
| 2022 | 3.1% | -4.03pp | ||
| 2021 | 7.1% | -6.11pp | ||
| 2020 | 13.2% | +2.19pp | ||
| 2019 | 11.0% | +4.14pp | ||
| 2018 | 6.9% | -1.32pp | ||
| 2017 | 8.2% | +1.72pp | ||
| 2016 | 6.5% | -3.09pp | ||
| 2015 | 9.6% | +3.19pp | ||
| 2014 | 6.4% | -2.58pp | ||
| 2013 | 8.9% | -1.90pp | ||
| 2012 | 10.8% | +2.89pp | ||
| 2011 | 8.0% | +0.48pp | ||
| 2010 | 7.5% | -1.56pp | ||
| 2009 | 9.0% | +2.88pp | ||
| 2008 | 6.2% | +0.89pp | ||
| 2007 | 5.3% | -2.42pp | ||
| 2006 | 7.7% | -0.92pp | ||
| 2005 | 8.6% | +0.47pp | ||
| 2004 | 8.1% | -2.21pp | ||
| 2003 | 10.3% | +2.49pp | ||
| 2002 | 7.9% | -1.55pp | ||
| 2001 | 9.4% | +5.83pp | ||
| 2000 | 3.6% | -1.57pp | ||
| 1999 | 5.2% | -0.72pp | ||
| 1998 | 5.9% | -1.46pp | ||
| 1997 | 7.3% | -0.04pp | ||
| 1996 | 7.4% | -1.47pp | ||
| 1995 | 8.8% | +3.01pp | ||
| 1994 | 5.8% | -2.56pp | ||
| 1993 | 8.4% | +1.72pp | ||
| 1992 | 6.7% | +4.14pp | ||
| 1991 | 2.5% | -3.94pp | ||
| 1990 | 6.5% | +5.71pp | ||
| 1989 | 0.8% | — |
- 20257.3%+2.91pp
- 20244.4%-7.26pp
- 202311.7%+8.61pp
- 20223.1%-4.03pp
- 20217.1%-6.11pp
- 202013.2%+2.19pp
- 201911.0%+4.14pp
- 20186.9%-1.32pp
- 20178.2%+1.72pp
- 20166.5%-3.09pp
- 20159.6%+3.19pp
- 20146.4%-2.58pp
- 20138.9%-1.90pp
- 201210.8%+2.89pp
- 20118.0%+0.48pp
- 20107.5%-1.56pp
- 20099.0%+2.88pp
- 20086.2%+0.89pp
- 20075.3%-2.42pp
- 20067.7%-0.92pp
- 20058.6%+0.47pp
- 20048.1%-2.21pp
- 200310.3%+2.49pp
- 20027.9%-1.55pp
- 20019.4%+5.83pp
- 20003.6%-1.57pp
- 19995.2%-0.72pp
- 19985.9%-1.46pp
- 19977.3%-0.04pp
- 19967.4%-1.47pp
- 19958.8%+3.01pp
- 19945.8%-2.56pp
- 19938.4%+1.72pp
- 19926.7%+4.14pp
- 19912.5%-3.94pp
- 19906.5%+5.71pp
- 19890.8%—
FCF Margin values are taken from PPG Industries's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at PPG Industries (PPG)
According to PPG Industries's latest reported financial statements, the company's latest reported free cash flow margin is 7.6%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of PPG Industries (PPG) free cash flow margin is 7.33% – expanded 2.9 percentage points year-over-year.
The highest annual free cash flow margin of 13.20% was reported in 2020. The lowest in the available history was 0.75% in 1989.
PPG Industries FCF Margin by Year
PPG Industries FCF Margin 2025: 7.3%
PPG Industries free cash flow margin in 2025 was 7.33%, expanded 2.9 percentage points from 2024.
PPG Industries FCF Margin 2024: 4.4%
2024's free cash flow margin for PPG Industries came in at 4.41%, contracted 7.3 percentage points from 2023.
PPG Industries FCF Margin 2023: 11.7%
PPG Industries posted free cash flow margin of 11.67% in 2023, expanded 8.6 percentage points from 2022.
PPG Industries FCF Margin 2022: 3.1%
In 2022, PPG Industries reported free cash flow margin of 3.05%, contracted 4.0 percentage points from 2021.
PPG Industries FCF Margin 2021: 7.1%
PPG Industries free cash flow margin in 2021 was 7.09%.
See more financial history for PPG Industries (PPG).
Sector peers by FCF Margin
Basic Materials peers of PPG Industries (PPG), ranked by their latest free cash flow margin
| 50.3% | |
| 33.6% | |
| 29.4% | |
| 23.6% | |
| 14.7% | |
| 12.1% | |
| 11.4% | |
| 5.1% |
- 50.3%
- 14.7%
- 11.4%
- 5.1%
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PPG Industries (PPG) Key Financials
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