PPG Industries, Inc. (PPG)

PPG Industries Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,593	2,163	1,270	1,493	1,099	1,005
Short-Term Investments	49	56	88	84	64	73
Cash & Short-Term Investments	1,642	2,219	1,358	1,577	1,163	1,078
Cash Growth	-14.39%	63.40%	-13.89%	35.60%	7.89%	-44.09%
Accounts Receivable	3,408	2,783	2,477	2,622	2,824	2,687
Other Receivables	449	553	508	385	479	465
Receivables	3,857	3,336	2,985	3,007	3,303	3,152
Inventory	2,236	1,996	1,846	1,934	2,272	2,171
Other Current Assets	507	408	368	913	435	373
Total Current Assets	8,242	7,959	6,557	7,431	7,173	6,774
Property, Plant & Equipment	4,734	4,609	4,061	4,021	4,157	4,333
Long-Term Investments	322	253	246	254	244	310
Goodwill	6,147	6,149	5,690	6,115	6,078	6,248
Other Intangible Assets	1,899	1,971	1,922	2,261	2,414	2,783
Long-Term Deferred Tax Assets	510	481	303	272	95	197
Other Long-Term Assets	720	676	654	1,293	583	706
Total Assets	22,574	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	3,924	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	682	700	930	300	303	-
Current Portion of Leases	127	140	128	130	186	195
Current Income Taxes Payable	-	118	130	128	37	36
Other Current Liabilities	484	669	728	975	692	806
Total Current Liabilities	5,221	4,900	5,014	5,054	4,721	4,766
Long-Term Debt	6,160	6,603	4,887	5,756	6,515	6,565
Long-Term Leases	501	455	459	423	643	700
Pension & Post-Retirement Benefits	931	942	968	1,038	1,042	1,506
Long-Term Deferred Tax Liabilities	485	457	405	500	501	646
Other Long-Term Liabilities	647	644	738	853	613	757
Total Liabilities	13,945	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	969	969	969	969	969	969
Additional Paid-In Capital	1,379	1,325	1,272	1,202	1,130	1,081
Retained Earnings	23,730	22,942	21,994	21,500	20,828	20,372
Treasury Stock	-15,431	-15,119	-14,342	-13,600	-13,525	-13,386
Comprehensive Income & Other	-2,161	-2,176	-3,108	-2,239	-2,810	-2,750
Total Common Equity	8,486	7,941	6,785	7,832	6,592	6,286
Minority Interest	143	156	177	191	117	125
Shareholders' Equity	8,629	8,097	6,962	8,023	6,709	6,411
Total Liabilities & Equity	22,574	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	7,474	7,902	6,411	6,613	7,657	7,466
Net Cash (Debt)	-5,832	-5,683	-5,053	-4,962	-6,433	-6,290
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-26.02	-25.02	-21.51	-20.92	-27.11	-26.27
Filing Date Shares Outstanding	220.9	223.49	226.95	235.25	235.18	236
Total Common Shares Outstanding	220.9	223.43	229.93	235.21	235.07	235.91
Working Capital	3,021	3,059	1,543	2,377	2,452	2,008
Book Value Per Share	38.42	35.54	29.51	33.30	28.04	26.65
Tangible Book Value	440	-179	-827	-544	-1,900	-2,745
Tangible Book Value Per Share	1.99	-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	-	-	-	-

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Oct 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 12, 2026

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