PPG
PPG INDUSTRIES INCEvidence as of 2026-09-03Overview · PPG INDUSTRIES INC
PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company operates through Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; and co…
Management team
- Ms. Irene Tasi · Senior VP & Chief Transformation OfficerFind on LinkedIn
- Ms. Amy R. Ericson · Senior Vice President of Protective & Marine CoatingsFind on LinkedIn
- Mr. Kevin D. Braun · Senior Vice President, OperationsFind on LinkedIn
- Mr. Vincent J. Morales · Senior VP & CFOFind on LinkedIn
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Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
+0.2 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
The evidence balance is Mixed (+0.2 of a possible +2; was +0.2 before debate) with high confidence. Revenue rose from $ 3,684,000,000 in fiscal Q1 2025 (fiscal quarter ended 2025-03-31) to $ 3,930,000,000 in fiscal Q1 2026 (fiscal quarter ended 2026-03-31). Operating income was $ 607,000,000 in fiscal Q1 2025 and $ 636,000,000 in fiscal Q1 2026, with a quarterly peak of $ 743,000,000 in Q2 2025 (fiscal quarter ended 2025-06-30) and $ 689,000,000 in Q3 2025 (fiscal quarter ended 2025-09-30).
Net income and EPS show modest improvement: net income rose from $ 373,000,000 in fiscal Q1 2025 to $ 382,000,000 in fiscal Q1 2026, and diluted EPS moved from $ 1.63 to $ 1.70 over the same quarters, with a quarterly high of $ 2.00 diluted EPS in Q3 2025. Common shares outstanding declined from 227,000,000 as of 2025-03-31 to 222,900,000 as of 2026-03-31, while repurchases reported were $ 394,000,000 in fiscal Q1 2025 and $ 96,000,000 in fiscal Q1 2026.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Revenue was $3,684,000,000 in fiscal Q1 2025 (2025-01-01 to 2025-03-31) and rose to $3,930,000,000 in fiscal Q1 2026 (2026-01-01 to 2026-03-31).
XBRL companyfacts · 0000079879-25-000133Operating income was $607,000,000 in fiscal Q1 2025 (2025-01-01 to 2025-03-31) and was $636,000,000 in fiscal Q1 2026 (2026-01-01 to 2026-03-31); quarterly operating income peaked at $743,000,000 in fiscal Q2 2025 (2025-04-01 to 2025-06-30) and was $689,000,000 in fiscal Q3 2025 (2025-07-01 to 2025-09-30).
XBRL companyfacts · 0000079879-26-000170Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
A Form 4 with the 4 filed 1 September 2026 was filed on 2026-09-01.
4 filed 2026-09-01weakened in debateA Form 4 with the 4 filed 1 September 2026 was filed on 2026-09-01.
4 filed 2026-09-01weakened in debateReads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
No computed signal history for this symbol yet — signals need roughly 70 trading days of price history.
Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of 2026-09-02, the ETF IVV held PPG at 0.04% weight of the fund.
ETF constituents · market dataSeven Form 4 filings for PPG were filed on 2026-09-01 (accessions the 4 filed 1 September 2026 through the 4 filed 1 September 2026).
Form 4 × 7 (90d window not enforced here)weakened in debateReads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Two outlets published pieces on 2 September 2026 focused on PPG as a dividend stock opportunity.
News · finance.yahoo.com · 2026-09-02An article on 1 September 2026 highlights PPG's aerospace strength, pricing and cost cuts as supportive while noting weakness in auto refinish and European demand.
News · finance.yahoo.com · 2026-09-01Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
No insider transactions on file in the trailing 180 days.
Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
Trailing twelve-month free cash flow is negative $737,000,000, while operating cash flow is $40,000,000 and capital expenditures are $777,000,000 for the same period.
Valuation inputs · SEC XBRL + stored EOD closeTTM net income per share (EPS) is $7.31 and price-to-earnings (P/E) on the provided price is 15.23.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
Several claims together paint a favorable operational and valuation picture. Reported revenue, operating income, net income and diluted EPS all rose year-over-year in the comparable Q1 periods (fundamentals-0, fundamentals-1, fundamentals-2), and common shares outstanding declined over the year while share repurchases continued (fundamentals-3), which together reflect improving per-share metrics historically. Valuation and profitability metrics show positive operating income, sizable EBITDA and a conventional P/E in the mid-teens (valuation-4, valuation-2, valuation-1), while reported cash and enterprise value context is provided (valuation-3). Market and insider signals — media coverage framing PPG as a dividend opportunity, reported insider purchases of deferred compensation units, and a reported institutional buy — are consistent with buyer interest and confidence (news-0, news-4, news-3). These points counterbalance concerns about elevated long-term debt and recent negative free cash flow by emphasizing operating profitability, EBITDA strength, earnings per share improvement, and continuing capital allocation activity.
Chair's verdict, claim by claim
Fragility · computed, not argued
diversified0.26
25 surviving claims rest on 18 distinct sources; the heaviest analyst carries 28% of them, and 84% of what the desk raised survived the debate.
The read is moderately robust: 25 surviving claims draw on 18 distinct sources, so multiple independent documents support many assertions, but a single analyst contributed a large share (28%), creating some concentration of interpretive influence. The high survival rate from the desk debate (84%) means most flagged points remained after review, increasing confidence in the set, yet source concentration and analyst dependence reduce how much weight any single claim should bear without corroboration from additional independent filings or raw data.
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
11 filings· 2 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer+0.6 to the score
7 documents· 2 cited
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes+0.0 to the score
2 holdings records
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.0 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only — it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
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The full terminal on PPG Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations.