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PPG Industries Inc (PPG) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

BASIC MATERIALS · Specialty Chemicals · DATA UPDATED 2026-07-16

PPG Industries Inc (PPG) operates in the Specialty Chemicals industry and is headquartered in Pittsburgh, United States with about 43,500 employees. Its market capitalization is roughly $26 billion. In the fiscal year ended 2025-12-31, PPG reported $15.9B in revenue and $1.6B in net income.

PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through three segments: Global Architectural Coatings, Performance Coatings, and Industrial Coatings.

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PPG Revenue & Earnings History — Annual Income Statement

Income statement	TTM → 2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Revenue	$16.1B	$15.9B	$15.8B	$16.2B	$15.6B	$16.8B	$13.8B	$15.1B	$15.4B	$14.7B	$14.3B	$14.2B	$14.8B	$14.3B	$12.7B	$13.2B	$13.4B	$12.2B	$15.8B	$12.2B	$9.9B
Gross Profit	$6.5B	$6.0B	$6.6B	$6.6B	$5.6B	$6.5B	$6.1B	$6.5B	$6.4B	$6.5B	$6.6B	$6.5B	$6.4B	$6.0B	$5.1B	$5.3B	$5.2B	$4.7B	$5.7B	$4.4B	$3.7B
Gross Margin %	40.6%	38.0%	41.6%	40.4%	36.1%	38.8%	43.8%	42.9%	41.4%	44.3%	46.3%	45.3%	43.6%	41.7%	40.1%	40.2%	38.8%	38.4%	35.9%	35.9%	37.6%
Operating Income (EBIT)	$2.1B	$2.2B	$2.3B	$2.0B	$1.7B	$1.7B	$1.8B	$1.9B	$1.9B	$2.0B	$1.2B	$2.0B	$1.8B	$1.6B	$1.3B	$1.3B	$1.4B	$883M	$1.2B	$1.3B	$1.2B
Operating Margin %	12.8%	13.7%	14.4%	12.5%	10.7%	10.0%	12.9%	12.8%	12.1%	13.7%	8.3%	13.8%	12.3%	10.9%	10.0%	10.0%	10.2%	7.2%	7.8%	10.7%	12.5%
Net Income	$1.6B	$1.6B	$1.1B	$1.3B	$1.0B	$1.4B	$1.1B	$1.2B	$1.3B	$1.6B	$873M	$1.4B	$2.1B	$3.2B	$941M	$1.1B	$769M	$336M	$538M	$834M	$711M
Net Margin %	9.8%	9.9%	7.0%	7.8%	6.6%	8.6%	7.7%	8.2%	8.7%	10.8%	6.1%	9.9%	14.2%	22.7%	7.4%	8.3%	5.7%	2.8%	3.4%	6.8%	7.2%
EBITDA	$2.8B	$2.8B	$2.6B	$2.5B	$2.0B	$2.5B	$2.0B	$2.3B	$2.3B	$2.6B	$1.3B	$2.3B	$2.0B	$1.9B	$1.4B	$1.9B	$2.0B	$1.3B	$1.7B	$1.8B	$1.6B
Earnings Per Share (EPS)	$7.01	$6.94	$4.75	$5.35	$4.32	$6.01	$4.45	$5.22	$5.46	$6.18	$3.26	$5.14	$7.52	$11.13	$3.03	$3.44	$2.34	$1.02	$1.63	$2.53	$2.14
Shares Outstanding (M)	224M	227M	235M	237M	237M	239M	238M	238M	245M	258M	267M	274M	280M	290M	310M	319M	329M	331M	331M	329M	333M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PPG Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Total Revenue	$3.9B	$3.9B	$4.1B	$4.2B	$3.7B	$2.2B	$4.6B	$4.2B
Gross Profit	$1.7B	$1.5B	$1.7B	$1.8B	$1.5B	$755M	$1.9B	$1.8B
Gross Margin %	42.1%	37.4%	40.6%	42.0%	41.9%	34.9%	41.8%	42.1%
Operating Income (EBIT)	$525M	$450M	$438M	$650M	$481M	$381M	$616M	$695M
Operating Margin %	13.4%	11.5%	10.7%	15.5%	13.1%	17.6%	13.5%	16.4%
Net Income	$382M	$300M	$453M	$450M	$373M	($280M)	$468M	$528M
Net Margin %	9.7%	7.7%	11.1%	10.7%	10.1%	-12.9%	10.2%	12.5%
EBITDA	$710M	$581M	$759M	$795M	$679M	$155M	$828M	$837M
Earnings Per Share (EPS)	$1.70	$1.33	$2.00	$1.98	$1.63	$-1.20	$2.00	$2.24
Shares Outstanding (M)	224M	225M	226M	228M	229M	234M	234M	236M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PPG Free Cash Flow History

Cash flow	TTM → 2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Cash from Operations (CFO)	$2.0B	$1.9B	$1.4B	$2.4B	$963M	$1.6B	$2.1B	$2.1B	$1.5B	$1.6B	$1.3B	$1.8B	$1.5B	$1.8B	$1.8B	$1.4B	$1.3B	$1.3B	$1.4B	$996M	$1.1B
Capital Expenditures (CapEx)	$765M	$778M	$721M	$516M	$518M	$371M	$304M	$413M	$411M	$360M	$402M	$476M	$587M	$515M	$411M	$390M	$307M	$239M	$383M	$353M	$372M
Free Cash Flow (FCF)	$1.2B	$1.2B	$699M	$1.9B	$445M	$1.2B	$1.8B	$1.7B	$1.1B	$1.2B	$923M	$1.4B	$941M	$1.3B	$1.4B	$1.0B	$1.0B	$1.1B	$975M	$643M	$758M
FCF Margin %	7.6%	7.3%	4.4%	11.7%	2.9%	7.1%	13.2%	11.0%	6.9%	8.2%	6.5%	9.6%	6.4%	8.9%	10.8%	8.0%	7.5%	9.0%	6.2%	5.3%	7.7%
Dividends Paid	$633M	$628M	$622M	$598M	$570M	$536M	$496M	$468M	$453M	$434M	$414M	$383M	$361M	$345M	$358M	$355M	$360M	$430M	$422M	$335M	$316M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PPG Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Cash from Operations (CFO)	$33M	$887M	$685M	$387M	($18M)	$346M	$769M	$365M
Capital Expenditures (CapEx)	$196M	$301M	$147M	$121M	$209M	$198M	$156M	$115M
Free Cash Flow (FCF)	($163M)	$586M	$538M	$266M	($227M)	$148M	$613M	$250M
FCF Margin %	-4.2%	15.0%	13.2%	6.3%	-6.2%	6.8%	13.4%	5.9%
Dividends Paid	$159M	$160M	$160M	$154M	$154M	$158M	$159M	$152M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PPG Balance Sheet History

Balance sheet	2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Assets	$22.1B	$8.0B	$19.4B	$21.6B	$20.7B	$21.4B	$19.6B	$17.7B	$16.0B	$16.5B	$15.8B	$17.1B	$17.5B	$15.9B	$15.9B	$14.4B	$15.0B	$14.2B	$14.7B	$12.6B	$10.1B
Cash & Cash Equivalents	$1.6B	$2.2B	$1.3B	$1.5B	$1.1B	$1.0B	$1.8B	$1.2B	$902M	$1.4B	$1.8B	$1.3B	$686M	$1.1B	$1.4B	$1.5B	$1.3B	$1.1B	$1.0B	$526M	$455M
Total Liabilities	$13.9B	$11.5B	$12.5B	$13.6B	$14.0B	$14.9B	$13.7B	$12.3B	$11.3B	$10.9B	$10.9B	$12.0B	$12.3B	$10.7B	$11.6B	$10.9B	$11.1B	$10.3B	$11.2B	$8.5B	$6.7B
Total Debt (Short + Long-Term)	$7.3B	$7.4B	$5.9B	$6.2B	$7.0B	$6.8B	$5.9B	$5.2B	$5.0B	$4.1B	$4.4B	$4.3B	$4.0B	$3.4B	$4.0B	$3.7B	$4.1B	$3.3B	$3.9B	$3.0B	$1.3B
Total Shareholders' Equity	$8.1B	($3.5B)	$6.8B	$7.8B	$6.6B	$6.4B	$5.8B	$5.3B	$4.6B	$5.6B	$4.8B	$5.0B	$5.2B	$4.9B	$4.1B	$3.2B	($610M)	$3.8B	$3.3B	$4.2B	$3.2B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive PPG viewer.

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ALB · Albemarle Corporation — $14 billion
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