Company / Interest Expense
PPG Industries Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$247.0M
FY2023
5-year range
$132.0M / $247.0M
FY2019-FY2023
Trend
+47.9%
vs FY2022
Sector context
#11 of 52
Materials
What the data says
PPG Industries's interest expense of $247M is higher than 79% of companies in the Materials sector (FY2023). Interest Expense has fluctuated over the past 8 years, ranging from $105M in FY2019 to $247M in FY2023.
Based on SEC 10-K filings.
$247M in FY2023 with a 5-year CAGR of +15.9%. Top quartile in the Materials sector.
Increased from $132M to $247M over the past 2 years.
Materials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +21.4%
- 5-Year CAGR
- +15.9%
- 10-Year CAGR
- -
Sector benchmark
Bottom 21% in MaterialsTop 79% of 52This company $247.0M Sector average $143.1M
▼
+72.6% above sector average
Key checks
Key Insights
- 5-year CAGR of +15.9%, indicating consistent growth.
- In FY2023, interest expense increased 47.9% year-over-year.
- Ranks #11 out of 52 companies in the Materials sector.
- Lowest interest expense in the period was in FY2019.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $247.0M | +47.9% |
| FY2022 | $167.0M | +26.5% |
| FY2021 | $132.0M | -4.3% |
| FY2020 | $138.0M | +31.4% |
| FY2019 | $105.0M | -11.0% |
| FY2018 | $118.0M | +12.4% |
| FY2017 | $105.0M | -43.9% |
| FY2016 | $187.0M | -4.6% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026