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PPG PPG Industries

PPG works every day to develop and deliver the paints, coatings and materials that its customers have trusted for more than 135 years. Through dedication and creativity, it solves its customers' biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, it operates and innovate in more than 70 countries and reported net sales of $13.8 billion in 2020. It serves customers in construction, consumer products, industrial and transportation markets and aftermarkets.

Company profile

Ticker
PPG
Exchange
Website
CEO
Michael McGarry
Employees
Incorporated
Location
Fiscal year end
Former names
PITTSBURGH PLATE GLASS CO
SEC CIK
IRS number
250730780

PPG stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

16 Apr 21
17 Apr 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 1.81B 1.81B 1.81B 1.81B 1.81B 1.81B
Cash burn (monthly) 6M 6.5M (positive/no burn) (positive/no burn) 7.67M (positive/no burn)
Cash used (since last report) 3.41M 3.69M n/a n/a 4.36M n/a
Cash remaining 1.8B 1.8B n/a n/a 1.8B n/a
Runway (months of cash) 300.8 277.6 n/a n/a 235.3 n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
14 Apr 21 Smith Cathy R Common Stock Option exercise Aquire M No No 0 1,636 0 2,939
14 Apr 21 Smith Cathy R RSU Common Stock Option exercise Dispose M No No 0 1,636 0 0
14 Apr 21 Martin Richenhagen Common Stock Option exercise Aquire M No No 0 1,636 0 27,129
14 Apr 21 Martin Richenhagen RSU Common Stock Option exercise Dispose M No No 0 1,636 0 0
14 Apr 21 Michael Nally Common Stock Option exercise Aquire M No No 0 164 0 264
14 Apr 21 Michael Nally RSU Common Stock Option exercise Dispose M No No 0 164 0 0
14 Apr 21 Guillermo Novo Common Stock Option exercise Aquire M No No 0 164 0 274
14 Apr 21 Guillermo Novo Phantom Stock Units Common Stock Grant Dispose A No No 153.97 219.199 33.75K 219.199
14 Apr 21 Guillermo Novo RSU Common Stock Option exercise Dispose M No No 0 164 0 0
14 Apr 21 Michael W Lamach Phantom Stock Units Common Stock Option exercise Aquire M No No 0 1,636 0 8,091.161

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

80.1% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 962 863 +11.5%
Opened positions 164 103 +59.2%
Closed positions 65 72 -9.7%
Increased positions 293 261 +12.3%
Reduced positions 321 303 +5.9%
13F shares
Current Prev Q Change
Total value 27.37B 24.15B +13.3%
Total shares 189.79M 185.37M +2.4%
Total puts 1.11M 992.5K +11.8%
Total calls 1.71M 1.4M +21.9%
Total put/call ratio 0.6 0.7 -8.2%
Largest owners
Shares Value Change
BLK Blackrock 22.13M $3.19B +2.2%
Vanguard 19.33M $2.79B -0.6%
Massachusetts Financial Services 17.44M $2.52B -2.7%
STT State Street 10.65M $1.54B -2.7%
JPM JPMorgan Chase & Co. 8.4M $1.21B +16.9%
Wellington Management 8.2M $1.18B -0.7%
TROW T. Rowe Price 7.57M $1.09B -2.8%
Clearbridge Advisors 5.9M $850.65M -1.9%
Norges Bank 4.48M $646.57M NEW
Capital International Investors 4.41M $636.3M +0.0%
Largest transactions
Shares Bought/sold Change
Norges Bank 4.48M +4.48M NEW
JPM JPMorgan Chase & Co. 8.4M +1.22M +16.9%
MS Morgan Stanley 2.12M +671.29K +46.4%
ZFSVF Zurich Insurance 671.14K +671.14K NEW
GS Goldman Sachs 630.35K -538.1K -46.1%
Beutel, Goodman & Co 684.13K -524.92K -43.4%
Massachusetts Financial Services 17.44M -486.13K -2.7%
BLK Blackrock 22.13M +467.83K +2.2%
WFC Wells Fargo & Co. 3.05M -356.15K -10.5%
STT State Street 10.65M -296.6K -2.7%

Financial report summary

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Risks
  • The effects of the recent COVID-19 pandemic have negatively impacted and are continuing to adversely impact our financial condition and results of operations.
  • Increases in prices and declines in the availability of raw materials could negatively impact our financial results.
  • The pace of economic growth and level of uncertainty could have a negative impact on our results of operations and cash flows.
  • We are subject to existing and evolving standards relating to the protection of the environment.
  • We are involved in a number of lawsuits and claims, and we may be involved in future lawsuits and claims, in which substantial monetary damages are sought.
  • Fluctuations in foreign currency exchange rates could affect our financial results.
  • We are subject to a variety of complex U.S. and non-U.S. laws and regulations, which could increase our compliance costs and could adversely affect our results of operations.
  • Our international operations expose us to additional risks and uncertainties that could affect our financial results.
  • Changes in the tax regimes and related government policies and regulations in the countries in which we operate could adversely affect our results and our effective tax rate.
  • Business disruptions could have a negative impact on our results of operations and financial condition.
  • Integrating acquired businesses into our existing operations.
  • Our ability to understand our customers’ specific preferences and requirements, and to innovate, develop, produce and market products that meet customer demand is critical to our business results.
  • The industries in which we operate are highly competitive.
  • In 2018, we concluded that previously issued financial statements as detailed below should not be relied upon and restated those previously issued financial statements, which led to, among other things, shareholder litigation, investigations by the SEC and the U.S. Attorney’s office, a settlement by the Company with the SEC and unanticipated costs for accounting and legal fees, and which may result in certain other risks.
Management Discussion
  • The $45 million increase in Cash from operating activities - continuing operations was primarily due to favorable changes in working capital, excluding the impact of business acquisitions.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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