Ppg Industries Return on Equity (ROE) Growth & History (PPG)
Ppg Industries's return on equity was 21.40% for fiscal 2025.
View full Ppg Industries company overviewPpg Industries annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 21.40% | +6.13 pp |
| 2024 | 2024-12-31 | 15.27% | −2.34 pp |
| 2023 | 2023-12-31 | 17.61% | +1.68 pp |
| 2022 | 2022-12-31 | 15.93% | −8.10 pp |
| 2021 | 2021-12-31 | 24.03% | +4.73 pp |
| 2020 | 2020-12-31 | 19.30% | −5.77 pp |
| 2019 | 2019-12-31 | 25.08% | −1.25 pp |
| 2018 | 2018-12-31 | 26.33% | −4.37 pp |
| 2017 | 2017-12-31 | 30.70% | +12.90 pp |
| 2016 | 2016-12-31 | 17.80% | −9.87 pp |
| 2015 | 2015-12-31 | 27.67% | −13.91 pp |
| 2014 | 2014-12-31 | 41.57% | −30.27 pp |
| 2013 | 2013-12-31 | 71.84% | +46.10 pp |
| 2012 | 2012-12-31 | 25.74% | −6.06 pp |
| 2011 | 2011-12-31 | 31.80% | +10.99 pp |
| 2010 | 2010-12-31 | 20.81% | +11.33 pp |
| 2009 | 2009-12-31 | 9.48% | −4.59 pp |
| 2008 | 2008-12-31 | 14.07% | — |
Ppg Industries quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.28% | −0.92 pp |
| Q1 2026 | 2026-03-31 | 4.76% | −0.68 pp |
| Q4 2025 | 2025-12-31 | 3.81% | +7.65 pp |
| Q3 2025 | 2025-09-30 | 5.89% | −0.13 pp |
| Q2 2025 | 2025-06-30 | 6.21% | −0.52 pp |
| Q1 2025 | 2025-03-31 | 5.44% | +0.37 pp |
| Q4 2024 | 2024-12-31 | −3.84% | −5.00 pp |
| Q3 2024 | 2024-09-30 | 6.02% | +0.47 pp |
| Q2 2024 | 2024-06-30 | 6.72% | +0.08 pp |
| Q1 2024 | 2024-03-31 | 5.07% | +1.23 pp |
| Q4 2023 | 2023-12-31 | 1.16% | −2.61 pp |
| Q3 2023 | 2023-09-30 | 5.55% | +0.16 pp |
| Q2 2023 | 2023-06-30 | 6.64% | −0.47 pp |
| Q1 2023 | 2023-03-31 | 3.84% | +3.56 pp |
| Q4 2022 | 2022-12-31 | 3.77% | −0.79 pp |
| Q3 2022 | 2022-09-30 | 5.39% | −0.12 pp |
| Q2 2022 | 2022-06-30 | 7.11% | −0.02 pp |
| Q1 2022 | 2022-03-31 | 0.29% | −6.27 pp |
| Q4 2021 | 2021-12-31 | 4.56% | −0.38 pp |
| Q3 2021 | 2021-09-30 | 5.51% | −3.21 pp |
| Q2 2021 | 2021-06-30 | 7.14% | +5.00 pp |
| Q1 2021 | 2021-03-31 | 6.56% | +1.70 pp |
| Q4 2020 | 2020-12-31 | 4.95% | −0.60 pp |
| Q3 2020 | 2020-09-30 | 8.72% | +1.61 pp |
| Q2 2020 | 2020-06-30 | 2.14% | −3.31 pp |
| Q1 2020 | 2020-03-31 | 4.86% | −1.69 pp |
| Q4 2019 | 2019-12-31 | 5.55% | +0.18 pp |
| Q3 2019 | 2019-09-30 | 7.11% | −0.56 pp |
| Q2 2019 | 2019-06-30 | 5.45% | −1.80 pp |
| Q1 2019 | 2019-03-31 | 6.54% | +0.42 pp |
| Q4 2018 | 2018-12-31 | 5.37% | +2.73 pp |
| Q3 2018 | 2018-09-30 | 7.66% | −2.93 pp |
| Q2 2018 | 2018-06-30 | 7.25% | −1.92 pp |
| Q1 2018 | 2018-03-31 | 6.13% | −0.60 pp |
| Q4 2017 | 2017-12-31 | 2.64% | −4.26 pp |
| Q3 2017 | 2017-09-30 | 10.59% | +14.14 pp |
| Q2 2017 | 2017-06-30 | 9.17% | +2.13 pp |
| Q1 2017 | 2017-03-31 | 6.73% | −0.11 pp |
| Q4 2016 | 2016-12-31 | 6.90% | +0.68 pp |
| Q3 2016 | 2016-09-30 | −3.55% | −11.97 pp |
| Q2 2016 | 2016-06-30 | 7.04% | +0.47 pp |
| Q1 2016 | 2016-03-31 | 6.84% | +0.56 pp |
| Q4 2015 | 2015-12-31 | 6.22% | +4.75 pp |
| Q3 2015 | 2015-09-30 | 8.42% | +2.42 pp |
| Q2 2015 | 2015-06-30 | 6.58% | +0.26 pp |
| Q1 2015 | 2015-03-31 | 6.28% | −16.83 pp |
| Q4 2014 | 2014-12-31 | 1.47% | −3.54 pp |
| Q3 2014 | 2014-09-30 | 6.01% | +1.60 pp |
| Q2 2014 | 2014-06-30 | 6.32% | −0.62 pp |
| Q1 2014 | 2014-03-31 | 23.11% | −31.36 pp |
| Q4 2013 | 2013-12-31 | 5.01% | −0.72 pp |
| Q3 2013 | 2013-09-30 | 4.41% | −4.85 pp |
| Q2 2013 | 2013-06-30 | 6.94% | −3.78 pp |
| Q1 2013 | 2013-03-31 | 54.46% | +54.07 pp |
| Q4 2012 | 2012-12-31 | 5.73% | −0.52 pp |
| Q3 2012 | 2012-09-30 | 9.26% | +1.20 pp |
| Q2 2012 | 2012-06-30 | 10.72% | +2.02 pp |
| Q1 2012 | 2012-03-31 | 0.40% | −5.76 pp |
| Q4 2011 | 2011-12-31 | 6.25% | +0.79 pp |
| Q3 2011 | 2011-09-30 | 8.06% | +0.91 pp |
| Q2 2011 | 2011-06-30 | 8.70% | +0.97 pp |
| Q1 2011 | 2011-03-31 | 6.16% | +5.34 pp |
| Q4 2010 | 2010-12-31 | 5.46% | +1.56 pp |
| Q3 2010 | 2010-09-30 | 7.15% | +2.42 pp |
| Q2 2010 | 2010-06-30 | 7.73% | +3.24 pp |
| Q1 2010 | 2010-03-31 | 0.82% | — |
| Q4 2009 | 2009-12-31 | 3.90% | — |
| Q3 2009 | 2009-09-30 | 4.74% | — |
| Q2 2009 | 2009-06-30 | 4.49% | — |
Ppg Industries return on equity trends
Over the last five fiscal years, Ppg Industries's return on equity increased from 19.30% to 21.40%, a change of +2.10 percentage points. The latest reported quarter, Q2 2026, shows 5.28%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ppg Industries source filings ↗