PPG Industries price to free cash flow PPG
Market value divided by free cash flow over the last twelve months, since 2010.
- Today, Oct 23, 2026
- 17.5×
- 10-year median
- 22.3×
- Against its 10-year history
- 8th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 11.3× to 103×
- Peer median
- 21.7×
PPG Industries' price to free cash flow is 17.5× as of Oct 23, 2026.
That is below its ten-year median of 22.3×, lower than on 92% of days in the last ten years.
Over that time it ranged from 11.3× in Mar 2020 to 103× in Dec 2022.
The median for 10 specialty chemicals stocks of a similar size is 21.7×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 17.5× | 16.4× | 40.7× |
| 2025 | 32.3× | 20.5× | 37.5× |
| 2024 | 21.8× | 17.0× | 23.7× |
| 2023 | 22.5× | 18.1× | 99.4× |
| 2022 | 94.4× | 20.7× | 103× |
| 2021 | 23.8× | 16.8× | 23.8× |
| 2020 | 21.1× | 11.3× | 21.6× |
| 2019 | 19.0× | 17.6× | 31.8× |
| 2018 | 29.5× | 20.8× | 31.8× |
| 2017 | 23.7× | 18.1× | 32.6× |
| 2016 | 22.1× | 14.8× | 26.1× |
| 2015 | 27.1× | 26.4× | 84.4× |
| 2014 | 34.1× | 16.3× | 34.1× |
| 2013 | 16.8× | 13.7× | 18.2× |
| 2012 | 15.5× | 12.5× | 15.5× |
| 2011 | 12.8× | 12.2× | 16.6× |
| 2010 | 13.2× | 7.5× | 13.2× |
Against its peers
Companies in Chemicals - Specialty nearest PPG Industries' size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| PPGPPG Industries | 17.5× |
| IFFInternational Flavors & Fragrances | 44.5× |
| LYBLyondellBasell Industries | 13.6× |
| RPMRPM International | 17.8× |
| CLXClorox | 25.8× |
| APDAir Products and Chemicals | n/m |
| NEUNewmarket | 16.9× |
| ECLEcolab | 43.1× |
| SHWSherwin-Williams | 25.5× |
| AXTAAxalta Coating Systems | 14.8× |
| SXTSensient Technologies | n/m |
| Peer median | 21.7× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on PPG Industries
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.