PPG Industries (PPG) financials
PPG Industries revenue and earnings by year
PPG Industries's revenue was $15.9 billion in the fiscal year to December 31, 2025, up 0.2% from the year before. Net income was $1.58 billion, 9.9% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 1.2% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15.9 | 15.8 | 16.2 | 15.6 | 16.8 | 13.8 | 15.1 | 15.4 | 14.7 | 14.3 |
| Revenue growth | 0.2% | -2.4% | 4.0% | -7.1% | 21.5% | -8.7% | -1.5% | 4.2% | 3.3% | — |
| Gross profit | 6.6 | 6.6 | 6.6 | 5.6 | 6.5 | 6.1 | 6.5 | 6.4 | 6.5 | 6.6 |
| Gross margin | 41.3% | 41.6% | 40.4% | 36.1% | 38.8% | 43.8% | 42.9% | 41.5% | 44.3% | 46.3% |
| Operating income | 2.1 | 1.9 | 1.9 | 1.4 | 1.8 | 1.5 | 1.7 | 1.7 | 1.9 | 0.8 |
| Operating margin | 13.5% | 12.0% | 11.6% | 9.0% | 10.7% | 10.9% | 11.0% | 10.9% | 13.2% | 5.3% |
| Net income | 1.6 | 1.1 | 1.3 | 1.0 | 1.4 | 1.1 | 1.2 | 1.3 | 1.6 | 0.9 |
| Net margin | 9.9% | 7.0% | 7.8% | 6.6% | 8.6% | 7.7% | 8.2% | 8.7% | 10.8% | 6.1% |
| Diluted EPS | $6.94 | $4.75 | $5.35 | $4.32 | $6.01 | $4.45 | $5.21 | $5.47 | $6.17 | $3.26 |
| Free cash flow | 1.2 | 0.7 | 1.9 | 0.5 | 1.2 | 1.8 | 1.7 | 1.1 | 1.2 | 1.0 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open PPG in Markets.
How PPG Industries makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Industrial Coatings | $1.74B | 40.1% |
| Performance Coatings | $1.55B | 35.7% |
| Global Architectural Coatings | $1.05B | 24.2% |
See also: PPG valuation and P/E history · PPG returns
No forecast, no recommendation. This page describes PPG Industries from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.