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PPG Industries Inc (PPG) Files 10-K for the Fiscal Year Ended on December 31, 2018

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PPG Industries Inc (PPG) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. PPG Industries Inc is engaged in manufacturing and distributing coatings, specialty materials and glass products. It sells its products to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. PPG Industries Inc has a market cap of $26.37 billion; its shares were traded at around $109.91 with a P/E ratio of 20.09 and P/S ratio of 1.79. The dividend yield of PPG Industries Inc stocks is 1.68%. PPG Industries Inc had annual average EBITDA growth of 5.20% over the past ten years.


For the last quarter PPG Industries Inc reported a revenue of $3.6 billion, compared with the revenue of $3.7 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $15.4 billion, an increase of 4.2% from last year. For the last five years PPG Industries Inc had an average revenue growth rate of 1.1% a year.

The reported diluted earnings per share was $5.47 for the year, a decline of 11.5% from the previous year. Over the last five years PPG Industries Inc had an average EPS decline of 12.3% a year. The PPG Industries Inc had a decent operating margin of 12.11%, compared with the operating margin of 14.07% a year before. The 10-year historical median operating margin of PPG Industries Inc is 10.91%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, PPG Industries Inc has the cash and cash equivalents of $902.0 million, compared with $1.4 billion in the previous year. The company had no long term debt, compared with $4.1 billion in the previous year. The interest coverage to the debt is at a comfortable level of 15.8. PPG Industries Inc has a financial strength rank of 7 (out of 10).

At the current stock price of $109.91, PPG Industries Inc is traded at close to its historical median P/S valuation band of $107.02. The P/S ratio of the stock is 1.79, while the historical median P/S ratio is 1.73. The stock lost 3.68% during the past 12 months.

For the complete 20-year historical financial data of PPG, click here.

This article first appeared on GuruFocus.