PPG Industries, Inc. (PPG) Stock Price & How to Invest
Last updated July 2026
Short answer
You can invest in PPG Industries (PPG) by buying shares or fractional shares at any major US broker, through a materials or dividend-focused ETF that holds it, or as one holding in a thematic basket. PPG is one of the world's largest coatings and specialty-materials companies: it makes paints, coatings, and related products for automobiles, aerospace, industrial equipment, marine and protective applications, packaging, and homes. The thesis is that PPG is a diversified, blue-chip industrial with pricing power, a wide customer base, and a long record of raising its dividend. The single biggest thing to understand is that this is a cyclical industrial whose volumes track global manufacturing, construction, and auto production, so demand softens in slowdowns even though the dividend has been remarkably steady.
PPG stock price
As of 2026-07-14, PPG Industries, Inc. (PPG) last closed at $113.90, down 2.1% over the past year. Over the past 52 weeks it has traded between $94.34 and $131.56.
Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or PPG Industries, Inc.'s investor relations page. Walnut is informational, not investment advice.
What does PPG Industries, Inc. (PPG) do?
PPG Industries is a global leader in coatings and specialty materials, meaning it manufactures paints, coatings, and finishes rather than end products. In 2025 it reported net sales of about $15.9 billion, and effective at the end of 2024 it reorganized into three reportable segments: Global Architectural Coatings (paints for homes and buildings), Performance Coatings (aerospace, protective and marine, automotive refinish, and traffic solutions), and Industrial Coatings (automotive OEM, general industrial, and packaging coatings). Its products protect and finish everything from cars and aircraft to bridges, food and beverage cans, and house walls, giving it exposure to a broad mix of end markets rather than dependence on any single one. Because coatings are sold into manufacturing and construction, PPG's volumes are cyclical, but it competes on formulation, technology, brand, and service, which gives it pricing power to pass through raw-material costs over time.
In 2025, PPG delivered about 2% organic sales growth, led by volume gains in Performance Coatings (aerospace, protective and marine, traffic solutions) and share gains in Industrial Coatings (automotive OEM, industrial, packaging). For 2026 it guided organic sales to a range of flat to up a low-single-digit percentage and adjusted earnings per share of roughly $7.70 to $8.10, a modest outlook that reflects a mixed industrial backdrop. Capital return is a hallmark: PPG has paid uninterrupted annual dividends for over 125 years and increased its dividend for 54 consecutive years, raising the quarterly payout to $0.71 in mid-2025. In 2025 it returned about $1.4 billion to shareholders, roughly $630 million in dividends and $790 million in buybacks.
What's driving PPG Industries, Inc. (PPG)?
1. Diversified coatings end markets
PPG spans aerospace, automotive OEM and refinish, protective and marine, packaging, industrial, and architectural coatings across three segments. That breadth means weakness in one market, such as autos or construction, can be offset by strength in another like aerospace, smoothing results versus a single-market producer. This diversification is central to PPG's relative stability as a cyclical industrial.
2. Pricing power and innovation
Coatings are formulated, technical products where performance and service matter, so PPG competes on innovation and brand rather than pure price. That lets it pass through raw-material and wage inflation via selling prices over time, protecting margins. Continued above-market volume gains, as seen in 2025 aerospace and automotive OEM, show its product and service edge translating into share.
3. Dividend record and capital return
PPG has paid dividends for over 125 years and raised them for 54 consecutive years, making it a dividend aristocrat, with the quarterly payout lifted to $0.71 in 2025. It returned about $1.4 billion to shareholders in 2025 through roughly $630 million in dividends and $790 million in buybacks. This disciplined, consistent capital return is a core reason income and quality-focused investors hold PPG.
4. Cost control and restructuring
PPG targets translating secular demand into mid-cycle earnings growth by pairing pricing with cost discipline. Restructuring, procurement savings, manufacturing optimization, and SG&A efficiencies are meant to offset raw-material price swings and wage inflation. Execution on these self-help levers is a key factor in whether PPG can expand margins and hit its adjusted EPS guidance even when organic growth is only flat to low-single-digit.
What are the risks to PPG Industries, Inc. (PPG)?
The main risk is cyclicality: PPG's volumes depend on global manufacturing, construction, and auto production, so an industrial slowdown or weak housing and vehicle demand compresses sales, as the modest flat-to-low-single-digit 2026 organic guidance reflects. Raw-material and energy cost inflation is a structural pressure because coatings use petrochemical-derived inputs; PPG can pass costs through with pricing, but with a lag that can squeeze margins when input prices spike. Currency swings matter given its large international footprint, and translation can move reported results. Competition is intense, especially from Sherwin-Williams in architectural coatings and from global rivals across industrial and specialty segments, which can pressure share and pricing. Restructuring and portfolio moves carry execution risk, and macro shocks to autos, aerospace, or construction can hit multiple segments at once. The stock trades on earnings and margin execution, so a guidance miss can weigh on it.
How is PPG Industries, Inc. (PPG) valued? (approximate, Jul 2026)
A simple financial snapshot. These are approximations and refresh quarterly; for current figures see PPG Industries, Inc.'s investor relations page or your broker.
- Revenue (TTM): ~$15.9 billion in 2025 net sales, with ~2% organic growth; verify live figures
- 2026 outlook: Organic sales guided flat to up a low-single-digit percentage; adjusted EPS guided ~$7.70 to $8.10
- Profitability: Solid coatings margins supported by pricing power and cost programs; margins can compress when raw-material costs spike
- Dividend: 54 consecutive years of increases (a dividend aristocrat); quarterly payout raised to $0.71 in 2025; verify current yield
- Capital return: ~$1.4 billion returned in 2025 (~$630 million dividends, ~$790 million buybacks)
- Valuation: Trades on industrial/materials multiples that expand and compress with the cycle; check the live P/E versus modest growth
Figures are approximate and tied to the asOf date; verify live numbers before acting. PPG is a mature, cyclical industrial, so its valuation tends to move with expectations for global manufacturing and construction demand more than with any single quarter. The dividend-aristocrat record and pricing power are genuine quality signals, but with organic growth guided only flat to low-single-digit, the case rests on margin execution, cost discipline, and a cyclical recovery in its end markets rather than fast top-line growth.
Who competes with PPG Industries, Inc. (PPG)?
Architectural and decorative coatings
Sherwin-Williams is PPG's largest rival in paints for homes and buildings, with a strong North American store network, and Europe-based AkzoNobel (Dulux) competes globally. These players contest PPG's Global Architectural Coatings segment on brand, distribution, and pricing, and the architectural market is closely tied to housing and renovation cycles.
Industrial and specialty coatings
Axalta Coating Systems, BASF's coatings business, RPM International, and Nippon Paint compete across automotive OEM, refinish, industrial, and protective coatings. These rivals challenge PPG's Performance and Industrial segments on formulation, technology, and service to manufacturers, where technical performance and supply reliability drive share.
Broader materials and chemicals
Diversified chemical and materials firms such as Dow, DuPont, and other specialty-chemical makers overlap with parts of PPG's specialty-materials and coatings inputs. They are not pure coatings rivals but represent alternative ways to invest in the industrial-materials theme, with different end-market and commodity exposures.
How to invest in PPG Industries, Inc. (PPG)
There are three common ways to get PPG exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so PPG sits alongside other stocks that express the same thesis.
Walnut takes the basket route. Describe a thesis where PPG fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.
The bottom line on PPG Industries, Inc. (PPG)
PPG is a diversified, blue-chip coatings maker with pricing power, global reach, and 54 straight years of dividend increases, now streamlined into three segments. It rewards belief in steady industrial demand and disciplined capital return, but volumes remain tied to global manufacturing, construction, and auto cycles.
Build a basket around PPG with Walnut
Use PPG Industries, Inc. as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Is PPG a good stock to buy right now?
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That depends on your goals, time horizon, and risk tolerance, and this is not investment advice. The bull case is a diversified, blue-chip coatings maker with pricing power, global reach, and 54 straight years of dividend increases, supported by cost discipline. The bear case is that volumes are cyclical and tied to manufacturing, construction, and autos, 2026 organic growth is guided only flat to low-single-digit, and raw-material inflation and tough competition pressure margins. Weigh both against your portfolio.
What does PPG Industries actually do?
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PPG is one of the world's largest coatings and specialty-materials companies. It makes paints, coatings, and finishes for automobiles, aircraft, industrial equipment, marine and protective uses, food and beverage packaging, and homes and buildings. It reports in three segments: Global Architectural Coatings, Performance Coatings, and Industrial Coatings. It sells to manufacturers, contractors, and consumers rather than making end products itself.
What are PPG's three business segments?
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Effective at the end of 2024, PPG reorganized into three reportable segments. Global Architectural Coatings covers paints for homes and buildings. Performance Coatings includes aerospace, protective and marine, automotive refinish, and traffic solutions. Industrial Coatings covers automotive OEM, general industrial, and packaging coatings. This structure spreads PPG across many end markets rather than one.
How reliable is PPG's dividend?
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PPG is a dividend aristocrat, having paid uninterrupted annual dividends for over 125 years and raised its dividend for 54 consecutive years, lifting the quarterly payout to $0.71 in 2025. The record is strong, but the payout is funded by a cyclical industrial business, so a deep downturn could slow dividend growth. Always check the latest declared dividend and yield before assuming any payout.
How do raw-material costs affect PPG?
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Coatings rely on petrochemical-derived raw materials, so input-cost inflation is a key pressure. PPG can generally pass higher costs through with selling prices, but often with a lag, which can squeeze margins when input prices spike quickly. It also uses restructuring, procurement savings, and manufacturing optimization to offset raw-material swings and wage inflation over time.
Why is PPG considered a cyclical stock?
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PPG sells coatings into manufacturing, construction, autos, and aerospace, so its sales volumes rise and fall with those end markets. When global industrial activity, housing, and vehicle production slow, demand for coatings softens, which is reflected in its modest flat-to-low-single-digit 2026 organic sales guidance. Its diversification across segments cushions but does not remove this cyclicality.
Who are PPG's main competitors?
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In architectural coatings, PPG competes with Sherwin-Williams and AkzoNobel (Dulux). In industrial and specialty coatings, rivals include Axalta, BASF's coatings business, RPM International, and Nippon Paint. Broader chemical and materials firms like Dow and DuPont overlap in specialty materials. Competition centers on brand, technology, service, and pricing across these end markets.
How can I get exposure to PPG through an ETF?
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PPG appears in many materials, industrials, and dividend-focused ETFs, where it sits among coatings and specialty-chemical names. ETF exposure spreads single-stock risk across dozens of holdings but dilutes how much any PPG move affects you. Always check a fund's holdings and weighting before assuming meaningful exposure to PPG specifically.
What are the main risks of investing in PPG?
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The central risk is cyclicality, since volumes track global manufacturing, construction, and auto demand, so slowdowns compress sales. Raw-material and energy inflation can squeeze margins with a lag, currency swings move reported results, and competition from Sherwin-Williams, AkzoNobel, Axalta, and others pressures share and pricing. Restructuring carries execution risk, and the stock can move on any guidance change.
Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with PPG Industries, Inc.'s investor relations page or your broker before making investment decisions.