PPG Industries financials
$106.02−0.93%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.88B | $15.85B | $16.24B | $15.61B | $16.80B | $13.83B | $15.15B | $15.37B | $14.75B | $14.27B |
| Gross profit | $6.56B | $6.59B | $6.56B | $5.64B | $6.52B | $6.06B | $6.49B | $6.37B | $6.54B | $6.61B |
| Gross margin | 41.3% | 41.6% | 40.4% | 36.1% | 38.8% | 43.8% | 42.9% | 41.5% | 44.3% | 46.3% |
| Operating income | $2.16B | $2.05B | $2.23B | $1.40B | $1.69B | $1.51B | $1.68B | $1.67B | $2.00B | $1.72B |
| Net income | $1.58B | $1.12B | $1.27B | $1.03B | $1.44B | $1.06B | $1.24B | $1.34B | $1.59B | $873.0M |
| 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 | $5.22 | $5.47 | $6.18 | $3.27 |
| EBITDA | $2.70B | $2.78B | $2.74B | $2.17B | $2.25B | $2.29B | $2.37B | $2.25B | $2.46B | $2.35B |
| Operating cash flow | $1.94B | $1.42B | $2.41B | $963.0M | $1.56B | $2.13B | $2.08B | $1.47B | $1.57B | $1.35B |
| Free cash flow | $1.16B | $699.0M | $1.90B | $477.0M | $1.19B | $1.83B | $1.67B | $1.06B | $1.21B | $971.0M |
| Diluted shares | 227.1M | 234.9M | 237.2M | 237.3M | 239.4M | 237.9M | 238.2M | 245.4M | 257.8M | 267.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.16B | $1.27B | $1.49B | $1.10B | $1.00B | $1.83B |
| Short-term investments | $56.0M | $88.0M | $75.0M | $55.0M | $67.0M | $96.0M |
| Total debt | $7.31B | $5.82B | $6.05B | $6.82B | $6.58B | $5.75B |
| Total assets | $22.10B | $19.43B | $21.65B | $20.74B | $21.35B | $19.56B |
| Total liabilities | $14.00B | $12.47B | $13.62B | $14.04B | $14.94B | $13.74B |
| Shareholders' equity | $8.10B | $6.96B | $8.02B | $6.71B | $6.41B | $5.82B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology