PPG Industries, Inc. (PPG)
NYSE: PPG · Real-Time Price · USD
113.63
+1.19 (1.06%)
Aug 21, 2026, 4:00 PM EDT - Market closed
PPG Industries Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 1,520 | 2,163 | 1,270 | 1,493 | 1,099 | 1,005 |
Short-Term Investments | 87 | 56 | 88 | 84 | 64 | 73 |
Cash & Short-Term Investments | 1,607 | 2,219 | 1,358 | 1,577 | 1,163 | 1,078 |
Cash Growth | -1.71% | 63.40% | -13.89% | 35.60% | 7.89% | -44.09% |
Accounts Receivable | 3,508 | 2,783 | 2,477 | 2,622 | 2,824 | 2,687 |
Other Receivables | 404 | 553 | 508 | 385 | 479 | 465 |
Receivables | 3,912 | 3,336 | 2,985 | 3,007 | 3,303 | 3,152 |
Inventory | 2,226 | 1,996 | 1,846 | 1,934 | 2,272 | 2,171 |
Other Current Assets | 516 | 408 | 368 | 913 | 435 | 373 |
Total Current Assets | 8,261 | 7,959 | 6,557 | 7,431 | 7,173 | 6,774 |
Property, Plant & Equipment | 4,614 | 4,609 | 4,061 | 4,021 | 4,157 | 4,333 |
Long-Term Investments | 374 | 253 | 246 | 254 | 244 | 310 |
Goodwill | 6,163 | 6,149 | 5,690 | 6,115 | 6,078 | 6,248 |
Other Intangible Assets | 1,949 | 1,971 | 1,922 | 2,261 | 2,414 | 2,783 |
Long-Term Deferred Tax Assets | 530 | 481 | 303 | 272 | 95 | 197 |
Other Long-Term Assets | 643 | 676 | 654 | 1,293 | 583 | 706 |
Total Assets | 22,534 | 22,098 | 19,433 | 21,647 | 20,744 | 21,351 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 3,958 | 2,212 | 2,161 | 2,438 | 2,538 | 2,734 |
Accrued Expenses | - | 1,057 | 930 | 1,079 | 955 | 989 |
Short-Term Debt | 4 | 4 | 7 | 4 | 10 | 6 |
Current Portion of Long-Term Debt | 687 | 700 | 930 | 300 | 303 | - |
Current Portion of Leases | 135 | 140 | 128 | 130 | 186 | 195 |
Current Income Taxes Payable | - | 118 | 130 | 128 | 37 | 36 |
Other Current Liabilities | 445 | 669 | 728 | 975 | 692 | 806 |
Total Current Liabilities | 5,229 | 4,900 | 5,014 | 5,054 | 4,721 | 4,766 |
Long-Term Debt | 6,198 | 6,603 | 4,887 | 5,756 | 6,515 | 6,565 |
Long-Term Leases | 444 | 455 | 459 | 423 | 643 | 700 |
Pension & Post-Retirement Benefits | 935 | 942 | 968 | 1,038 | 1,042 | 1,506 |
Long-Term Deferred Tax Liabilities | 506 | 457 | 405 | 500 | 501 | 646 |
Other Long-Term Liabilities | 632 | 644 | 738 | 853 | 613 | 757 |
Total Liabilities | 13,944 | 14,001 | 12,471 | 13,624 | 14,035 | 14,940 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 969 | 969 | 969 | 969 | 969 | 969 |
Additional Paid-In Capital | 1,366 | 1,325 | 1,272 | 1,202 | 1,130 | 1,081 |
Retained Earnings | 23,444 | 22,942 | 21,994 | 21,500 | 20,828 | 20,372 |
Treasury Stock | -15,280 | -15,119 | -14,342 | -13,600 | -13,525 | -13,386 |
Comprehensive Income & Other | -2,056 | -2,176 | -3,108 | -2,239 | -2,810 | -2,750 |
Total Common Equity | 8,443 | 7,941 | 6,785 | 7,832 | 6,592 | 6,286 |
Minority Interest | 147 | 156 | 177 | 191 | 117 | 125 |
Shareholders' Equity | 8,590 | 8,097 | 6,962 | 8,023 | 6,709 | 6,411 |
Total Liabilities & Equity | 22,534 | 22,098 | 19,433 | 21,647 | 20,744 | 21,351 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 7,468 | 7,902 | 6,411 | 6,613 | 7,657 | 7,466 |
Net Cash (Debt) | -5,778 | -5,683 | -5,053 | -4,962 | -6,433 | -6,290 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -25.67 | -25.02 | -21.51 | -20.92 | -27.11 | -26.27 |
Filing Date Shares Outstanding | 222.3 | 223.49 | 226.95 | 235.25 | 235.18 | 236 |
Total Common Shares Outstanding | 222.3 | 223.43 | 229.93 | 235.21 | 235.07 | 235.91 |
Working Capital | 3,032 | 3,059 | 1,543 | 2,377 | 2,452 | 2,008 |
Book Value Per Share | 37.98 | 35.54 | 29.51 | 33.30 | 28.04 | 26.65 |
Tangible Book Value | 331 | -179 | -827 | -544 | -1,900 | -2,745 |
Tangible Book Value Per Share | 1.49 | -0.80 | -3.60 | -2.31 | -8.08 | -11.64 |
Land | - | 593 | 525 | 541 | 548 | 570 |
Buildings | - | 1,939 | 1,769 | 1,761 | 1,774 | 1,769 |
Machinery | - | 3,977 | 3,545 | 3,862 | 3,960 | 3,949 |
Construction In Progress | - | 756 | 735 | 669 | 492 | 509 |
Order Backlog | - | 315 | - | - | - | - |