PPG Industries, Inc. (PPG)
NYSE: PPG · Real-Time Price · USD
96.25
+1.08 (1.13%)
At close: Nov 7, 2025, 4:00 PM EST
96.95
+0.70 (0.73%)
After-hours: Nov 7, 2025, 5:07 PM EST
PPG Industries Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| 15,690 | 15,845 | 16,242 | 15,614 | 16,802 | 13,834 | Upgrade | |
Revenue Growth (YoY) | 8.49% | -2.44% | 4.02% | -7.07% | 21.45% | -8.66% | Upgrade |
Cost of Revenue | 9,169 | 9,205 | 9,633 | 9,933 | 10,245 | 7,743 | Upgrade |
Gross Profit | 6,521 | 6,640 | 6,609 | 5,681 | 6,557 | 6,091 | Upgrade |
Selling, General & Admin | 3,464 | 3,481 | 3,485 | 3,069 | 3,806 | 3,414 | Upgrade |
Research & Development | 420 | 423 | 424 | 434 | 439 | 379 | Upgrade |
Amortization of Goodwill & Intangibles | 129 | 132 | 154 | 145 | 172 | 138 | Upgrade |
Operating Expenses | 4,397 | 4,396 | 4,423 | 4,005 | 4,806 | 4,302 | Upgrade |
Operating Income | 2,124 | 2,244 | 2,186 | 1,676 | 1,751 | 1,789 | Upgrade |
Interest Expense | -240 | -241 | -247 | -167 | -121 | -138 | Upgrade |
Interest & Investment Income | 171 | 177 | 140 | 54 | 26 | 23 | Upgrade |
Earnings From Equity Investments | 20 | 20 | 21 | 25 | 15 | 8 | Upgrade |
Currency Exchange Gain (Loss) | 28 | - | - | - | - | 30 | Upgrade |
Other Non Operating Income (Expenses) | 8 | 8 | -35 | 27 | 47 | -79 | Upgrade |
EBT Excluding Unusual Items | 2,111 | 2,208 | 2,065 | 1,615 | 1,718 | 1,633 | Upgrade |
Merger & Restructuring Charges | -343 | -343 | 2 | -33 | 3 | -183 | Upgrade |
Impairment of Goodwill | - | - | -158 | - | - | - | Upgrade |
Gain (Loss) on Sale of Assets | 129 | 129 | -23 | 4 | 10 | 5 | Upgrade |
Asset Writedown | -170 | -146 | -2 | -231 | -21 | -93 | Upgrade |
Legal Settlements | - | - | - | - | 22 | - | Upgrade |
Other Unusual Items | - | - | -210 | - | 83 | - | Upgrade |
Pretax Income | 1,737 | 1,852 | 1,690 | 1,355 | 1,815 | 1,362 | Upgrade |
Income Tax Expense | 450 | 475 | 428 | 320 | 374 | 291 | Upgrade |
Earnings From Continuing Operations | 1,287 | 1,377 | 1,262 | 1,035 | 1,441 | 1,071 | Upgrade |
Earnings From Discontinued Operations | -275 | -228 | 47 | 19 | 19 | 3 | Upgrade |
Net Income to Company | 1,012 | 1,149 | 1,309 | 1,054 | 1,460 | 1,074 | Upgrade |
Minority Interest in Earnings | -16 | -33 | -39 | -28 | -21 | -15 | Upgrade |
Net Income | 996 | 1,116 | 1,270 | 1,026 | 1,439 | 1,059 | Upgrade |
Net Income to Common | 996 | 1,116 | 1,270 | 1,026 | 1,439 | 1,059 | Upgrade |
Net Income Growth | -32.97% | -12.13% | 23.78% | -28.70% | 35.88% | -14.80% | Upgrade |
Shares Outstanding (Basic) | 228 | 234 | 236 | 236 | 238 | 237 | Upgrade |
Shares Outstanding (Diluted) | 229 | 235 | 237 | 237 | 239 | 238 | Upgrade |
Shares Change (YoY) | -2.98% | -0.97% | -0.04% | -0.88% | 0.63% | -0.13% | Upgrade |
EPS (Basic) | 4.37 | 4.77 | 5.38 | 4.35 | 6.06 | 4.47 | Upgrade |
EPS (Diluted) | 4.34 | 4.75 | 5.36 | 4.32 | 6.01 | 4.45 | Upgrade |
EPS Growth | -31.20% | -11.36% | 24.03% | -28.11% | 34.96% | -14.70% | Upgrade |
Free Cash Flow | 715 | 699 | 1,895 | 477 | 1,191 | 1,826 | Upgrade |
Free Cash Flow Per Share | 3.12 | 2.98 | 7.99 | 2.01 | 4.97 | 7.67 | Upgrade |
Dividend Per Share | 2.750 | 2.660 | 2.540 | 2.420 | 2.260 | 2.100 | Upgrade |
Dividend Growth | 4.56% | 4.72% | 4.96% | 7.08% | 7.62% | 6.06% | Upgrade |
Gross Margin | 41.56% | 41.91% | 40.69% | 36.38% | 39.02% | 44.03% | Upgrade |
Operating Margin | 13.54% | 14.16% | 13.46% | 10.73% | 10.42% | 12.93% | Upgrade |
Profit Margin | 6.35% | 7.04% | 7.82% | 6.57% | 8.56% | 7.66% | Upgrade |
Free Cash Flow Margin | 4.56% | 4.41% | 11.67% | 3.06% | 7.09% | 13.20% | Upgrade |
EBITDA | 2,637 | 2,736 | 2,700 | 2,178 | 2,312 | 2,298 | Upgrade |
EBITDA Margin | 16.81% | 17.27% | 16.62% | 13.95% | 13.76% | 16.61% | Upgrade |
D&A For EBITDA | 513 | 492 | 514 | 502 | 561 | 509 | Upgrade |
EBIT | 2,124 | 2,244 | 2,186 | 1,676 | 1,751 | 1,789 | Upgrade |
EBIT Margin | 13.54% | 14.16% | 13.46% | 10.73% | 10.42% | 12.93% | Upgrade |
Effective Tax Rate | 25.91% | 25.65% | 25.32% | 23.62% | 20.61% | 21.37% | Upgrade |
Advertising Expenses | - | 203 | 193 | 159 | 243 | 223 | Upgrade |
Updated Oct 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.