PPG IndustriesPPGEarnings & Financial Report
PPG Industries, Inc. is an American supplier of paints, coatings, and specialty materials based in Pittsburgh, Pennsylvania. It operates in more than 70 countries globally. A member of the Fortune 500, PPG is the second largest coatings company in the world by revenue, behind Sherwin-Williams. It is headquartered in PPG Place, an office and retail complex in downtown Pittsburgh, and is known for its glass facade designed by Postmodern architect Philip Johnson.
PPG Q4 2025 Key Financial Metrics
Revenue
$3.9B
Gross Profit
$1.6B
Operating Profit
$389.0M
Net Profit
$300.0M
Gross Margin
40.8%
Operating Margin
9.9%
Net Margin
7.7%
YoY Growth
80.8%
EPS
$1.33
Financial Flow
PPG Industries Q4 2025 Financial Summary
PPG Industries reported revenue of $3.9B for Q4 2025, with a net profit of $300.0M (7.7% margin). Cost of goods sold was $2.3B, operating expenses totaled $1.2B.
Key Financial Metrics
| Total Revenue | $3.9B |
|---|---|
| Net Profit | $300.0M |
| Gross Margin | 40.8% |
| Operating Margin | 9.9% |
| Report Period | Q4 2025 |
PPG Industries Annual Revenue by Year
PPG Industries annual revenue history includes year-by-year totals (for example, 2025 revenue was $15.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $15.9B |
| 2024 | $15.8B |
| 2023 | $18.2B |
| 2022 | $17.7B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.31B | $4.79B | $4.58B | $2.17B | $3.68B | $4.20B | $4.08B | $3.91B |
| YoY Growth | -1.6% | -1.6% | -1.5% | -50.2% | -14.5% | -12.5% | -10.8% | 80.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $21.87B | $21.73B | $21.86B | $19.43B | $21.14B | $22.10B | $22.14B | $22.10B |
| Liabilities | $13.74B | $13.78B | $13.89B | $12.47B | $14.05B | $14.36B | $14.19B | $14.00B |
| Equity | $7.94B | $7.77B | $7.79B | $6.79B | $6.93B | $7.58B | $7.80B | $7.94B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-60.0M | $365.0M | $769.0M | $346.0M | $-18.0M | $387.0M | $685.0M | $887.0M |
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