PPG PPG Industries Inc
NYSE, CIK 0000079879, fiscal year ends 12/31. Last price 110.61 on 2026-10-23, market value 24.6 billion dollars.
Machine-readable: PPG.json, PPG.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.
| Philosophy | Score | Status | Current inputs as of | History used | Price | Verification | Rules |
|---|---|---|---|---|---|---|---|
| Graham Defensive | 55 | ok | 2025-12-31 stale: Revenue |
2013–2025 | 2026-10-23 | 14 verified, 21 unverified | method |
| Magic Formula | n/a | insufficient data (latest annual operating income is CY2023) | — | — | — | — | method |
| Momentum | 58 | ok | 2026-10-23 | — | 2026-10-23 | — | method |
| Insider | 26 | ok | 2026-10-23 | — | — | — | method |
| Buffett Quality | 66 partial, missing 5 |
partial: 5 | 2026-06-30 | 2016–2025 | 2026-10-23 | 0 verified, 38 unverified | method |
| Lynch GARP | 54 | ok | 2026-06-30 | 2020–2025 | 2026-10-23 | 0 verified, 6 unverified | method |
| Graham Enterprising | 50 | ok | 2026-06-30 | 2020–2025 | 2026-10-23 | 0 verified, 12 unverified | method |
| Piotroski F-Score | 67 partial, missing 8 |
partial: 8 | — | 2024–2026 | — | 0 verified, 23 unverified | method |
Market value, source trail
| Input | Value | Unit | Period / date | Source |
|---|---|---|---|---|
| Traded price | 110.61 | USD per traded unit (share or ADS) | 2026-10-23 | Yahoo Finance |
| SEC shares outstanding | 222,300,000 | underlying shares | 2026-06-30 | SEC cover page 10-Q 0000079879-26-000252 (222,300,000 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/79879/000007987926000252/ppg-20260630.htm 0000079879-26-000252 |
| Depositary ratio | 1.0 | underlying shares per traded unit | domestic 10-K filer; SEC shares are the traded units | |
| Market value price date × latest reported shares | 24,588,603,000 | USD | 2026-10-23 shares at 2026-06-30 | 110.61 (price 2026-10-23) / 1 x 222,300,000 (shares at 2026-06-30) = 24,588,603,000 |
Graham Defensive
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Adequate size | 15.88 revenue $B | >= 1 | 5.0 / 5 |
| 2a Current ratio | 1.58 | >= 2.0 | 8.7 / 15 |
| 2b Long-term debt vs working capital | 2.04 LTD / WC | <= 1.0 | 0.0 / 15 |
| 3 Positive earnings each of 10 years | 10 of 10 | 10 of 10 | 15.0 / 15 |
| 4 Dividends every year for 20 years | 20 of 20 XBRL check: 13 years agree, 7 unverified | 20 of 20 | 15.0 / 15 |
| 5 EPS growth, 3-yr avg now vs 10 yrs ago | 5.31 -> 5.68 (+7%) | >= +33% | 2.1 / 10 |
| 6 P/E on 3-year average EPS | 19.5 | <= 15 | 8.3 / 15 |
| 7 P/B <= 1.5, or P/E x P/B <= 22.5 | P/B 2.91, product 56.7 | <= 1.5 or <= 22.5 | 0.6 / 10 |
Inputs, 37 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 110.61 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| Revenue | 15875000000.0 | 2025-12-31 stale | SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000079879-26-000046 | unverified |
| current_assets | 8261000000.0 | 2026-06-30 | SEC XBRL AssetsCurrent 0000079879-26-000252 | unverified |
| current_liabilities | 5229000000.0 | 2026-06-30 | SEC XBRL LiabilitiesCurrent 0000079879-26-000252 | unverified |
| lt_debt | 6195000000.0 | 2026-06-30 | SEC XBRL LongTermDebtNoncurrent 0000079879-26-000252 | unverified |
| equity | 8443000000.0 | 2026-06-30 | SEC XBRL StockholdersEquity 0000079879-26-000252 | unverified |
| Net income FY2016 | 873000000.0 | 2016-12-31 history | SEC XBRL NetIncomeLoss 0000079879-19-000008 | unverified |
| Net income FY2017 | 1594000000.0 | 2017-12-31 history | SEC XBRL NetIncomeLoss 0000079879-20-000008 | unverified |
| Net income FY2018 | 1341000000.0 | 2018-12-31 history | SEC XBRL NetIncomeLoss 0000079879-21-000008 | unverified |
| Net income FY2019 | 1243000000.0 | 2019-12-31 history | SEC XBRL NetIncomeLoss 0000079879-22-000009 | unverified |
| Net income FY2020 | 1059000000.0 | 2020-12-31 history | SEC XBRL NetIncomeLoss 0000079879-23-000007 | unverified |
| Net income FY2021 | 1439000000.0 | 2021-12-31 history | SEC XBRL NetIncomeLoss 0000079879-24-000040 | unverified |
| Net income FY2022 | 1026000000.0 | 2022-12-31 history | SEC XBRL NetIncomeLoss 0000079879-25-000034 | unverified |
| Net income FY2023 | 1270000000.0 | 2023-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| Net income FY2024 | 1116000000.0 | 2024-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| Net income FY2025 | 1576000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| Dividend years (Yahoo) | [2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] | history | Yahoo Finance dividend history | verified (partly: XBRL covers 13 of 20 years) |
| Dividends per share FY2013 (XBRL) | 1.21 | 2013-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000079879-16-000065 | verified |
| Dividends per share FY2014 (XBRL) | 1.31 | 2014-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000079879-17-000009 | verified |
| Dividends per share FY2015 (XBRL) | 1.41 | 2015-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000079879-18-000039 | verified |
| Dividends per share FY2016 (XBRL) | 1.56 | 2016-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000079879-19-000008 | verified |
| Dividends per share FY2017 (XBRL) | 0.4 | 2017-12-31 history | SEC XBRL CommonStockDividendsPerShareDeclared 0000079879-18-000040 | verified |
| Dividends per share FY2018 (XBRL) | 1.86 | 2018-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000079879-21-000008 | verified |
| Dividends per share FY2019 (XBRL) | 1.98 | 2019-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000079879-22-000009 | verified |
| Dividends per share FY2020 (XBRL) | 2.1 | 2020-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000079879-23-000007 | verified |
| Dividends per share FY2021 (XBRL) | 2.26 | 2021-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000079879-24-000040 | verified |
| Dividends per share FY2022 (XBRL) | 2.42 | 2022-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000079879-25-000034 | verified |
| Dividends per share FY2023 (XBRL) | 2.54 | 2023-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000079879-26-000046 | verified |
| Dividends per share FY2024 (XBRL) | 2.66 | 2024-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000079879-26-000046 | verified |
| Dividends per share FY2025 (XBRL) | 2.78 | 2025-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000079879-26-000046 | verified |
| EPS diluted FY2014 | 7.52 | 2014-12-31 history | SEC XBRL EarningsPerShareDiluted 0000079879-17-000009 | unverified |
| EPS diluted FY2015 | 5.14 | 2015-12-31 history | SEC XBRL EarningsPerShareDiluted 0000079879-18-000039 | unverified |
| EPS diluted FY2016 | 3.27 | 2016-12-31 history | SEC XBRL EarningsPerShareDiluted 0000079879-19-000008 | unverified |
| EPS diluted FY2023 | 5.35 | 2023-12-31 history | SEC XBRL EarningsPerShareDiluted 0000079879-26-000046 | unverified |
| EPS diluted FY2024 | 4.75 | 2024-12-31 history | SEC XBRL EarningsPerShareDiluted 0000079879-26-000046 | unverified |
| EPS diluted FY2025 | 6.94 | 2025-12-31 history | SEC XBRL EarningsPerShareDiluted 0000079879-26-000046 | unverified |
| Shares outstanding | 222300000.0 | 2026-06-30 | SEC cover page 10-Q 0000079879-26-000252 (222,300,000 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/79879/000007987926000252/ppg-20260630.htm 0000079879-26-000252 | not cross-checked |
Magic Formula
insufficient data (latest annual operating income is CY2023).
Momentum
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 12-1 month return | 6.3 % (percentile 50.2) | 25.1 / 50 | |
| 6 month return | 1.6 % (percentile 45.2) | 9.0 / 20 | |
| Price / 52-week high | 0.856 | 12.8 / 15 | |
| Volatility penalty (60d annualised) | 22.8 % | 10.8 / 15 |
Inputs, 1 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Adjusted close series (14 months) | 110.61 | 2026-10-23 | Yahoo Finance / Alpaca Market Data daily history | not cross-checked |
Insider
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| Open-market buy value / market cap (percentile among buyers) | 0.0 bp | 1.8 / 35 | |
| Distinct buyers | 1 | 6.2 / 25 | |
| Buyer seniority | 0.7 | 14.0 / 20 | |
| Recency (half-life 30d) | 0.35 | 3.5 / 10 | |
| Sales penalty (excludes 10b5-1 plan sales) | 0.0 bp | -0.0 / 0 |
Inputs, 2 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Form 4 P Hefel Juliane M. 2026-09-11 | 358.0815 | 2026-09-11 | SEC Form 4 (insider transactions data set) | not cross-checked |
| Form 4 P Hefel Juliane M. 2026-09-11 | 1050.9433999999999 | 2026-09-11 | SEC Form 4 (insider transactions data set) | not cross-checked |
Buffett Quality
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Average return on equity (net income / year-end equity) | 20.3% over 8 yrs | >= 15% | 25.0 / 25 |
| 2 Profitable every year | 10 of 10 | all years | 15.0 / 15 |
| 3 Net income growth, 3-yr average now vs start of window | +0.6% a year | >= +10% | 0.6 / 10 |
| 4 Borrowings / 3-yr average earnings (years to repay) LongTermDebt (incl. current maturities) + short-term borrowings | 5.2 years | <= 4 | 10.5 / 15 |
| 5 Operating margin, 5-yr average needs at least 4 of the last 5 years | 3 years with operating income and revenue | >= 20% | None / 10 |
| 6 Free cash flow / net income, 5-yr (operating cash flow minus capex) | 0.84 | >= 1.0 | 6.9 / 10 |
| 7 Owner-earnings yield (3-yr avg free cash flow / market cap) | 5.1% | >= 7% | 7.8 / 15 |
Inputs, 40 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 110.61 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| Net income FY2018 | 1341000000.0 | 2018-12-31 history | SEC XBRL NetIncomeLoss 0000079879-21-000008 | unverified |
| Equity at FY2018 end | 4630000000.0 | 2018-12-31 history | SEC XBRL StockholdersEquity 0000079879-20-000008 | unverified |
| Net income FY2019 | 1243000000.0 | 2019-12-31 history | SEC XBRL NetIncomeLoss 0000079879-22-000009 | unverified |
| Equity at FY2019 end | 5284000000.0 | 2019-12-31 history | SEC XBRL StockholdersEquity 0000079879-21-000008 | unverified |
| Net income FY2020 | 1059000000.0 | 2020-12-31 history | SEC XBRL NetIncomeLoss 0000079879-23-000007 | unverified |
| Equity at FY2020 end | 5689000000.0 | 2020-12-31 history | SEC XBRL StockholdersEquity 0000079879-22-000009 | unverified |
| Net income FY2021 | 1439000000.0 | 2021-12-31 history | SEC XBRL NetIncomeLoss 0000079879-24-000040 | unverified |
| Equity at FY2021 end | 6286000000.0 | 2021-12-31 history | SEC XBRL StockholdersEquity 0000079879-23-000007 | unverified |
| Net income FY2022 | 1026000000.0 | 2022-12-31 history | SEC XBRL NetIncomeLoss 0000079879-25-000034 | unverified |
| Equity at FY2022 end | 6592000000.0 | 2022-12-31 history | SEC XBRL StockholdersEquity 0000079879-24-000040 | unverified |
| Net income FY2023 | 1270000000.0 | 2023-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| Equity at FY2023 end | 7832000000.0 | 2023-12-31 history | SEC XBRL StockholdersEquity 0000079879-25-000034 | unverified |
| Net income FY2024 | 1116000000.0 | 2024-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| Equity at FY2024 end | 6785000000.0 | 2024-12-31 history | SEC XBRL StockholdersEquity 0000079879-26-000046 | unverified |
| Net income FY2025 | 1576000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| Equity at FY2025 end | 7941000000.0 | 2025-12-31 history | SEC XBRL StockholdersEquity 0000079879-26-000252 | unverified |
| Net income FY2016 | 873000000.0 | 2016-12-31 history | SEC XBRL NetIncomeLoss 0000079879-19-000008 | unverified |
| Net income FY2017 | 1594000000.0 | 2017-12-31 history | SEC XBRL NetIncomeLoss 0000079879-20-000008 | unverified |
| Net income FY2018 | 1341000000.0 | 2018-12-31 history | SEC XBRL NetIncomeLoss 0000079879-21-000008 | unverified |
| Net income FY2019 | 1243000000.0 | 2019-12-31 history | SEC XBRL NetIncomeLoss 0000079879-22-000009 | unverified |
| Net income FY2020 | 1059000000.0 | 2020-12-31 history | SEC XBRL NetIncomeLoss 0000079879-23-000007 | unverified |
| Net income FY2021 | 1439000000.0 | 2021-12-31 history | SEC XBRL NetIncomeLoss 0000079879-24-000040 | unverified |
| Net income FY2022 | 1026000000.0 | 2022-12-31 history | SEC XBRL NetIncomeLoss 0000079879-25-000034 | unverified |
| Net income FY2023 | 1270000000.0 | 2023-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| Net income FY2024 | 1116000000.0 | 2024-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| Net income FY2025 | 1576000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| debt_incl_current | 6876000000.0 | 2026-06-30 | SEC XBRL LongTermDebt 0000079879-26-000252 | unverified |
| debt_short | 4000000.0 | 2026-06-30 | SEC XBRL ShortTermBorrowings 0000079879-26-000252 | unverified |
| Operating cash flow FY2021 | 1562000000.0 | 2021-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000079879-24-000040 | unverified |
| Capital expenditure FY2021 | 371000000.0 | 2021-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000079879-24-000040 | unverified |
| Operating cash flow FY2022 | 963000000.0 | 2022-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000079879-25-000034 | unverified |
| Capital expenditure FY2022 | 486000000.0 | 2022-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000079879-25-000034 | unverified |
| Operating cash flow FY2023 | 2411000000.0 | 2023-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000079879-26-000046 | unverified |
| Capital expenditure FY2023 | 516000000.0 | 2023-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000079879-26-000046 | unverified |
| Operating cash flow FY2024 | 1420000000.0 | 2024-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000079879-26-000046 | unverified |
| Capital expenditure FY2024 | 721000000.0 | 2024-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000079879-26-000046 | unverified |
| Operating cash flow FY2025 | 1941000000.0 | 2025-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000079879-26-000046 | unverified |
| Capital expenditure FY2025 | 778000000.0 | 2025-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000079879-26-000046 | unverified |
| Shares outstanding | 222300000.0 | 2026-06-30 | SEC cover page 10-Q 0000079879-26-000252 (222,300,000 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/79879/000007987926000252/ppg-20260630.htm 0000079879-26-000252 | not cross-checked |
Lynch GARP
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 PEG: P/E divided by 5-yr EPS growth (in % points) | 1.71 | <= 1.0 | 8.6 / 30 |
| 2 EPS growth, 5-yr compound rate | +9.3% a year | 12% to 35% a year | 15.5 / 20 |
| 3 P/E on latest annual EPS | 15.9 | <= 25 | 10.0 / 10 |
| 4 Borrowings / equity LongTermDebt (incl. current maturities) + short-term borrowings | 0.81 | <= 0.5 | 10.3 / 15 |
| 5 Years of the last 5 in which EPS rose | 3 of 5 | 5 of 5 | 9.0 / 15 |
| 6 Net cash (cash minus borrowings) / market cap | -21.8% | >= +10% | 0.9 / 10 |
Inputs, 7 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 110.61 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| EPS diluted FY2025 | 6.94 | 2025-12-31 history | SEC XBRL EarningsPerShareDiluted 0000079879-26-000046 | unverified |
| EPS diluted FY2020 | 4.45 | 2020-12-31 history | SEC XBRL EarningsPerShareDiluted 0000079879-23-000007 | unverified |
| debt_incl_current | 6876000000.0 | 2026-06-30 | SEC XBRL LongTermDebt 0000079879-26-000252 | unverified |
| debt_short | 4000000.0 | 2026-06-30 | SEC XBRL ShortTermBorrowings 0000079879-26-000252 | unverified |
| equity | 8443000000.0 | 2026-06-30 | SEC XBRL StockholdersEquity 0000079879-26-000252 | unverified |
| cash | 1520000000.0 | 2026-06-30 | SEC XBRL CashAndCashEquivalentsAtCarryingValue 0000079879-26-000252 | unverified |
Graham Enterprising
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Current ratio | 1.58 | >= 1.5 | 15.0 / 15 |
| 2 Borrowings vs working capital LongTermDebt (incl. current maturities) + short-term borrowings | 2.27 x | <= 1.1x | 0.0 / 15 |
| 3 No earnings deficit in the last 5 years | 5 of 5 profitable | 5 of 5 | 15.0 / 15 |
| 4 Pays a current dividend | yes | yes | 10.0 / 10 |
| 5 EPS higher than five years earlier | 4.45 -> 6.94 | higher | 10.0 / 10 |
| 6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets) | 2.91 | <= 1.2 | 0.0 / 20 |
| 7 Price / net current asset value per share (current assets minus all liabilities) net current asset value not positive | — | <= 0.67 | 0.0 / 15 |
Inputs, 15 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 110.61 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| current_assets | 8261000000.0 | 2026-06-30 | SEC XBRL AssetsCurrent 0000079879-26-000252 | unverified |
| current_liabilities | 5229000000.0 | 2026-06-30 | SEC XBRL LiabilitiesCurrent 0000079879-26-000252 | unverified |
| debt_incl_current | 6876000000.0 | 2026-06-30 | SEC XBRL LongTermDebt 0000079879-26-000252 | unverified |
| debt_short | 4000000.0 | 2026-06-30 | SEC XBRL ShortTermBorrowings 0000079879-26-000252 | unverified |
| Net income FY2021 | 1439000000.0 | 2021-12-31 history | SEC XBRL NetIncomeLoss 0000079879-24-000040 | unverified |
| Net income FY2022 | 1026000000.0 | 2022-12-31 history | SEC XBRL NetIncomeLoss 0000079879-25-000034 | unverified |
| Net income FY2023 | 1270000000.0 | 2023-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| Net income FY2024 | 1116000000.0 | 2024-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| Net income FY2025 | 1576000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| Dividend years (Yahoo) | [2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] | history | Yahoo Finance dividend history | not cross-checked |
| EPS diluted FY2025 | 6.94 | 2025-12-31 history | SEC XBRL EarningsPerShareDiluted 0000079879-26-000046 | unverified |
| EPS diluted FY2020 | 4.45 | 2020-12-31 history | SEC XBRL EarningsPerShareDiluted 0000079879-23-000007 | unverified |
| equity | 8443000000.0 | 2026-06-30 | SEC XBRL StockholdersEquity 0000079879-26-000252 | unverified |
| Shares outstanding | 222300000.0 | 2026-06-30 | SEC cover page 10-Q 0000079879-26-000252 (222,300,000 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/79879/000007987926000252/ppg-20260630.htm 0000079879-26-000252 | not cross-checked |
Piotroski F-Score
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Return on assets is positive | 7.1% | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 2 Operating cash flow is positive | 1,941M | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 3 Return on assets improved on the prior year | 5.7% -> 7.1% | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 4 Operating cash flow exceeds net income (accruals) | 1,941M vs 1,576M | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 5 Long-term debt / assets fell | 25.1% -> 29.9% | pass = 1 | 0.0 / 11.11111111111111 |
| 6 Current ratio improved | 1.31 -> 1.62 | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 7 No new shares issued (share count did not rise) | 226M -> 222M | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry) an input is not reported for one of the two years | — | pass = 1 | None / 11.11111111111111 |
| 9 Asset turnover (revenue / assets) improved | 0.82 -> 0.72 | pass = 1 | 0.0 / 11.11111111111111 |
Inputs, 23 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| net_income 2025-12-31 | 1576000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| total_assets 2025-12-31 | 22098000000.0 | 2025-12-31 history | SEC XBRL Assets 0000079879-26-000252 | unverified |
| cfo 2025-12-31 | 1941000000.0 | 2025-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000079879-26-000046 | unverified |
| net_income 2025-12-31 | 1576000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| net_income 2024-12-31 | 1116000000.0 | 2024-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| total_assets 2025-12-31 | 22098000000.0 | 2025-12-31 history | SEC XBRL Assets 0000079879-26-000252 | unverified |
| total_assets 2024-12-31 | 19433000000.0 | 2024-12-31 history | SEC XBRL Assets 0000079879-26-000046 | unverified |
| cfo 2025-12-31 | 1941000000.0 | 2025-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000079879-26-000046 | unverified |
| net_income 2025-12-31 | 1576000000.0 | 2025-12-31 history | SEC XBRL NetIncomeLoss 0000079879-26-000046 | unverified |
| lt_debt 2025-12-31 | 6602000000.0 | 2025-12-31 history | SEC XBRL LongTermDebtNoncurrent 0000079879-26-000252 | unverified |
| lt_debt 2024-12-31 | 4876000000.0 | 2024-12-31 history | SEC XBRL LongTermDebtNoncurrent 0000079879-26-000046 | unverified |
| total_assets 2025-12-31 | 22098000000.0 | 2025-12-31 history | SEC XBRL Assets 0000079879-26-000252 | unverified |
| total_assets 2024-12-31 | 19433000000.0 | 2024-12-31 history | SEC XBRL Assets 0000079879-26-000046 | unverified |
| current_assets 2025-12-31 | 7959000000.0 | 2025-12-31 history | SEC XBRL AssetsCurrent 0000079879-26-000252 | unverified |
| current_assets 2024-12-31 | 6557000000.0 | 2024-12-31 history | SEC XBRL AssetsCurrent 0000079879-26-000046 | unverified |
| current_liabilities 2025-12-31 | 4900000000.0 | 2025-12-31 history | SEC XBRL LiabilitiesCurrent 0000079879-26-000252 | unverified |
| current_liabilities 2024-12-31 | 5014000000.0 | 2024-12-31 history | SEC XBRL LiabilitiesCurrent 0000079879-26-000046 | unverified |
| shares_out 2026-06-30 | 222300000.0 | 2026-06-30 history | SEC XBRL EntityCommonStockSharesOutstanding 0000079879-26-000252 | unverified |
| shares_out 2025-06-30 | 225700000.0 | 2025-06-30 history | SEC XBRL EntityCommonStockSharesOutstanding 0000079879-25-000223 | unverified |
| revenue 2025-12-31 | 15875000000.0 | 2025-12-31 history | SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000079879-26-000046 | unverified |
| revenue 2024-12-31 | 15845000000.0 | 2024-12-31 history | SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000079879-26-000046 | unverified |
| total_assets 2025-12-31 | 22098000000.0 | 2025-12-31 history | SEC XBRL Assets 0000079879-26-000252 | unverified |
| total_assets 2024-12-31 | 19433000000.0 | 2024-12-31 history | SEC XBRL Assets 0000079879-26-000046 | unverified |
Earnings record
| FY | Ended | Revenue, $M | Net income, $M | EPS diluted | Dividend | Filing |
|---|---|---|---|---|---|---|
| 2013 | 2013-12-31 | 15,108 | 3,231 | 11.13 | paid | 0000079879-16-000065 |
| 2014 | 2014-12-31 | 14,791 | 2,102 | 7.52 | paid | 0000079879-17-000009 |
| 2015 | 2015-12-31 | 14,241 | 1,406 | 5.14 | paid | 0000079879-18-000039 |
| 2016 | 2016-12-31 | 14,270 | 873 | 3.27 | paid | 0000079879-19-000008 |
| 2017 | 2017-12-31 | 14,748 | 1,594 | 6.18 | paid | 0000079879-20-000008 |
| 2018 | 2018-12-31 | 15,374 | 1,341 | 5.47 | paid | 0000079879-21-000008 |
| 2019 | 2019-12-31 | 15,146 | 1,243 | 5.22 | paid | 0000079879-22-000009 |
| 2020 | 2020-12-31 | 13,834 | 1,059 | 4.45 | paid | 0000079879-23-000007 |
| 2021 | 2021-12-31 | 16,802 | 1,439 | 6.01 | paid | 0000079879-24-000040 |
| 2022 | 2022-12-31 | 15,614 | 1,026 | 4.32 | paid | 0000079879-25-000034 |
| 2023 | 2023-12-31 | 16,242 | 1,270 | 5.35 | paid | 0000079879-26-000046 |
| 2024 | 2024-12-31 | 15,845 | 1,116 | 4.75 | paid | 0000079879-26-000046 |
| 2025 | 2025-12-31 | 15,875 | 1,576 | 6.94 | paid | 0000079879-26-000046 |
Insider transactions
| Date | Insider | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 2026-09-11 | Hefel Juliane M. | officer | buy | 3 | 106.89 | 358 |
| 2026-09-11 | Hefel Juliane M. | officer | buy | 10 | 104.78 | 1,051 |
| 2026-06-12 | Hefel Juliane M. | officer | buy | 9 | 114.84 | 1,003 |
| 2026-06-12 | Hefel Juliane M. | officer | buy | 3 | 121.45 | 341 |
Filings and links
- SEC: filing index, 8-K, Form 4, XBRL companyfacts
- Prices: Yahoo Finance, Stooq
- Elsewhere: morningstar, finviz, stockanalysis, seeking alpha, openinsider, google news