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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
| 16,421 | 15,875 | 15,845 | 16,242 | 15,614 | 16,802 | |
Revenue Growth | 4.99% | 0.19% | -2.44% | 4.02% | -7.07% | 21.45% |
Cost of Revenue | 9,655 | 9,267 | 9,205 | 9,633 | 9,933 | 10,245 |
Gross Profit | 6,766 | 6,608 | 6,640 | 6,609 | 5,681 | 6,557 |
Selling, General & Admin | 3,633 | 3,533 | 3,481 | 3,485 | 3,069 | 3,806 |
Research & Development | 435 | 423 | 423 | 424 | 434 | 439 |
Amortization of Goodwill & Intangibles | 113 | 125 | 132 | 154 | 145 | 172 |
Operating Expenses | 4,606 | 4,484 | 4,396 | 4,423 | 4,005 | 4,806 |
Operating Income | 2,160 | 2,124 | 2,244 | 2,186 | 1,676 | 1,751 |
Interest Expense | -255 | -241 | -241 | -247 | -167 | -121 |
Interest & Investment Income | 145 | 153 | 177 | 140 | 54 | 26 |
Earnings From Equity Investments | 19 | 19 | 20 | 21 | 25 | 15 |
Currency Exchange Gain (Loss) | -35 | - | - | - | - | - |
Other Non Operating Income (Expenses) | -3 | -16 | 8 | -35 | 27 | 47 |
EBT Excluding Unusual Items | 2,031 | 2,039 | 2,208 | 2,065 | 1,615 | 1,718 |
Merger & Restructuring Charges | 5 | -6 | -343 | 2 | -33 | 3 |
Impairment of Goodwill | - | - | - | -158 | - | - |
Gain (Loss) on Sale of Assets | 18 | 18 | 129 | -23 | 4 | 10 |
Asset Writedown | -24 | -24 | -146 | -2 | -231 | -21 |
Legal Settlements | 1 | 12 | - | - | - | 22 |
Other Unusual Items | - | - | - | -210 | - | 83 |
Pretax Income | 2,031 | 2,045 | 1,852 | 1,690 | 1,355 | 1,815 |
Income Tax Expense | 455 | 458 | 475 | 428 | 320 | 374 |
Earnings From Continuing Operations | 1,576 | 1,587 | 1,377 | 1,262 | 1,035 | 1,441 |
Earnings From Discontinued Operations | 5 | 5 | -228 | 47 | 19 | 19 |
Net Income to Company | 1,581 | 1,592 | 1,149 | 1,309 | 1,054 | 1,460 |
Minority Interest in Earnings | -9 | -16 | -33 | -39 | -28 | -21 |
Net Income | 1,572 | 1,576 | 1,116 | 1,270 | 1,026 | 1,439 |
Net Income to Common | 1,572 | 1,576 | 1,116 | 1,270 | 1,026 | 1,439 |
Net Income Growth | 55.49% | 41.22% | -12.13% | 23.78% | -28.70% | 35.88% |
Shares Outstanding (Basic) | 224 | 226 | 234 | 236 | 236 | 238 |
Shares Outstanding (Diluted) | 225 | 227 | 235 | 237 | 237 | 239 |
Shares Change | -2.53% | -3.32% | -0.97% | -0.04% | -0.88% | 0.63% |
EPS (Basic) | 7.01 | 6.96 | 4.77 | 5.38 | 4.35 | 6.06 |
EPS (Diluted) | 6.99 | 6.94 | 4.75 | 5.36 | 4.32 | 6.01 |
EPS Growth | 59.81% | 46.17% | -11.36% | 24.03% | -28.11% | 34.96% |
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 |
Free Cash Flow | 1,407 | 1,163 | 699 | 1,895 | 477 | 1,191 |
Free Cash Flow Per Share | 6.25 | 5.12 | 2.98 | 7.99 | 2.01 | 4.97 |
Dividend Per Share | 2.840 | 2.780 | 2.660 | 2.540 | 2.420 | 2.260 |
Dividend Growth | 4.41% | 4.51% | 4.72% | 4.96% | 7.08% | 7.62% |
Gross Margin | 41.20% | 41.63% | 41.91% | 40.69% | 36.38% | 39.02% |
Operating Margin | 13.15% | 13.38% | 14.16% | 13.46% | 10.73% | 10.42% |
Profit Margin | 9.57% | 9.93% | 7.04% | 7.82% | 6.57% | 8.56% |
Free Cash Flow Margin | 8.57% | 7.33% | 4.41% | 11.67% | 3.06% | 7.09% |
EBITDA | 2,698 | 2,652 | 2,736 | 2,700 | 2,178 | 2,312 |
EBITDA Margin | 16.43% | 16.71% | 17.27% | 16.62% | 13.95% | 13.76% |
D&A For EBITDA | 538 | 528 | 492 | 514 | 502 | 561 |
EBIT | 2,160 | 2,124 | 2,244 | 2,186 | 1,676 | 1,751 |
EBIT Margin | 13.15% | 13.38% | 14.16% | 13.46% | 10.73% | 10.42% |
Effective Tax Rate | 22.40% | 22.40% | 25.65% | 25.32% | 23.62% | 20.61% |
Advertising Expenses | - | 199 | 203 | 193 | 159 | 243 |