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Side-by-side financial comparison of PPG Industries (PPG) and SharkNinja, Inc. (SN). Click either name above to swap in a different company.

SharkNinja, Inc. is the larger business by last-quarter revenue ($5.5B vs $3.9B, roughly 1.4× PPG Industries). On growth, SharkNinja, Inc. posted the faster year-over-year revenue change (30.0% vs 6.7%).

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.

SharkNinja is a global product design and technology company based in Needham, Massachusetts. Founded in 1994 by Mark Rosenzweig and led by CEO Mark Barrocas, who joined the company in 2008 as president. The company's name is formed by combining its two primary brands: Shark and Ninja.

PPG vs SN — Head-to-Head

Bigger by revenue
SN
SN
1.4× larger
SN
$5.5B
$3.9B
PPG
Growing faster (revenue YoY)
SN
SN
+23.3% gap
SN
30.0%
6.7%
PPG

Income Statement — Q1 FY2026 vs Q4 FY2024

Metric
PPG
PPG
SN
SN
Revenue
$3.9B
$5.5B
Net Profit
$385.0M
Gross Margin
48.1%
Operating Margin
11.7%
Net Margin
9.8%
Revenue YoY
6.7%
30.0%
Net Profit YoY
1.9%
EPS (diluted)
$3.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PPG
PPG
SN
SN
Q1 26
$3.9B
Q4 25
$3.9B
Q3 25
$4.1B
Q2 25
$4.2B
Q1 25
$3.7B
Q4 24
$2.2B
$5.5B
Q3 24
$4.6B
Q2 24
$4.8B
Net Profit
PPG
PPG
SN
SN
Q1 26
$385.0M
Q4 25
$300.0M
Q3 25
$453.0M
Q2 25
$450.0M
Q1 25
$373.0M
Q4 24
$-280.0M
Q3 24
$468.0M
Q2 24
$528.0M
Gross Margin
PPG
PPG
SN
SN
Q1 26
Q4 25
40.8%
Q3 25
40.6%
Q2 25
42.0%
Q1 25
41.9%
Q4 24
34.9%
48.1%
Q3 24
41.8%
Q2 24
43.0%
Operating Margin
PPG
PPG
SN
SN
Q1 26
Q4 25
9.9%
Q3 25
16.9%
Q2 25
17.7%
Q1 25
16.5%
Q4 24
0.5%
11.7%
Q3 24
15.6%
Q2 24
17.3%
Net Margin
PPG
PPG
SN
SN
Q1 26
9.8%
Q4 25
7.7%
Q3 25
11.1%
Q2 25
10.7%
Q1 25
10.1%
Q4 24
-12.9%
Q3 24
10.2%
Q2 24
11.0%
EPS (diluted)
PPG
PPG
SN
SN
Q1 26
Q4 25
$1.33
Q3 25
$2.00
Q2 25
$1.98
Q1 25
$1.63
Q4 24
$-1.18
$3.11
Q3 24
$2.00
Q2 24
$2.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PPG
PPG
SN
SN
Cash + ST InvestmentsLiquidity on hand
$1.6B
$363.7M
Total DebtLower is stronger
$6.4B
Stockholders' EquityBook value
$1.9B
Total Assets
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PPG
PPG
SN
SN
Q1 26
$1.6B
Q4 25
$2.2B
Q3 25
$1.9B
Q2 25
$1.6B
Q1 25
$1.9B
Q4 24
$1.4B
$363.7M
Q3 24
$1.3B
Q2 24
$1.2B
Total Debt
PPG
PPG
SN
SN
Q1 26
$6.4B
Q4 25
$7.3B
Q3 25
$7.3B
Q2 25
$7.3B
Q1 25
$7.2B
Q4 24
$5.8B
Q3 24
$6.5B
Q2 24
$6.4B
Stockholders' Equity
PPG
PPG
SN
SN
Q1 26
Q4 25
$7.9B
Q3 25
$7.8B
Q2 25
$7.6B
Q1 25
$6.9B
Q4 24
$6.8B
$1.9B
Q3 24
$7.8B
Q2 24
$7.8B
Total Assets
PPG
PPG
SN
SN
Q1 26
Q4 25
$22.1B
Q3 25
$22.1B
Q2 25
$22.1B
Q1 25
$21.1B
Q4 24
$19.4B
$4.4B
Q3 24
$21.9B
Q2 24
$21.7B
Debt / Equity
PPG
PPG
SN
SN
Q1 26
Q4 25
0.92×
Q3 25
0.94×
Q2 25
0.97×
Q1 25
1.05×
Q4 24
0.86×
Q3 24
0.83×
Q2 24
0.82×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PPG
PPG
SN
SN
Operating Cash FlowLast quarter
$446.6M
Free Cash FlowOCF − Capex
$308.9M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
5.0%
2.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PPG
PPG
SN
SN
Q1 26
Q4 25
$887.0M
Q3 25
$685.0M
Q2 25
$387.0M
Q1 25
$-18.0M
Q4 24
$346.0M
$446.6M
Q3 24
$769.0M
Q2 24
$365.0M
Free Cash Flow
PPG
PPG
SN
SN
Q1 26
Q4 25
$586.0M
Q3 25
$538.0M
Q2 25
$266.0M
Q1 25
$-227.0M
Q4 24
$148.0M
$308.9M
Q3 24
$620.0M
Q2 24
$247.0M
FCF Margin
PPG
PPG
SN
SN
Q1 26
Q4 25
15.0%
Q3 25
13.2%
Q2 25
6.3%
Q1 25
-6.2%
Q4 24
6.8%
5.6%
Q3 24
13.6%
Q2 24
5.2%
Capex Intensity
PPG
PPG
SN
SN
Q1 26
5.0%
Q4 25
7.7%
Q3 25
3.6%
Q2 25
2.9%
Q1 25
5.7%
Q4 24
9.1%
2.5%
Q3 24
3.3%
Q2 24
2.5%
Cash Conversion
PPG
PPG
SN
SN
Q1 26
Q4 25
2.96×
Q3 25
1.51×
Q2 25
0.86×
Q1 25
-0.05×
Q4 24
Q3 24
1.64×
Q2 24
0.69×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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