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Overview

PPG INDUSTRIES INC

PPGNYSEMaterialsPaints, Varnishes, Lacquers, Enamels & Allied ProdsCIK 0000079879Large-cap benchmark

Latest 10-K: FY2025, filed Feb 19, 2026 · Open the 10-K (Inline XBRL) ↗

Revenue
$15.88B
0.2%YoYup from FY2024
TotalRevenue
Gross profit
$6.56B
0.5%YoYdown from FY2024
GrossProfit
Net income
$1.58B
41.2%YoYup from FY2024
NetIncome
Diluted EPS
$6.94
46.1%YoYup from FY2024
EPSDiluted
Diluted shares
227.1M
3.3%YoYdown from FY2024
WeightedAvgSharesDiluted

At a glance

Growth

  • PPG INDUSTRIES INC reported revenue of $15.88B for fiscal 2025, up 0.2% from fiscal 2024.
  • Revenue grew faster than the median S&P 500 member in 1 of the last 5 fiscal years.

Profitability

  • Net margin was 9.9%, against a median of 12.8% across S&P 500 members for the same fiscal year.

Per share

  • Diluted EPS was $6.94, up 46.1% from the prior year.
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Written from the filed figures on this page by fixed rules — no AI.

Data as of Nov 1, 2026 · Sources: SEC EDGAR 10-K

Financial statements

Annual figures from the 10-K, most recent fiscal year first.

Income Statement

5 annual periods

Chip: YoY change.

Income Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Revenue
$15.88B0.2%up
Benchmark median 6.4%
$15.85B2.4%down
Benchmark median 4.5%
$16.24B4.0%up
Benchmark median 4.8%
$15.61B7.1%down
Benchmark median 10.3%
$16.80B21.5%up
Benchmark median 13.8%
-1.4%
Benchmark median 6.6%
Gross Profit
Median of 315 / 498
$6.56B0.5%down
Benchmark median 6.8%
$6.59B0.4%up
Benchmark median 5.5%
$6.56B16.4%up
Benchmark median 5.2%
$5.64B13.5%down
Benchmark median 8.3%
$6.52B7.6%up
Benchmark median 15.7%
0.2%
Benchmark median 6.2%
Operating Income
Median of 373 / 498
—
—
$2.67B31.0%up
Benchmark median 4.9%
$2.04B5.9%down
Benchmark median 7.5%
$2.17B2.9%up
Benchmark median 23.5%
—
Benchmark median 7.2%
Net Income
$1.58B41.2%up
Benchmark median 4.8%
$1.12B12.1%down
Benchmark median 5.7%
$1.27B23.8%up
Benchmark median 1.9%
$1.03B28.7%down
Benchmark median 1.3%
$1.44B35.9%up
Benchmark median 33.9%
2.3%
Benchmark median 4.1%
EPS (Diluted)
$6.9446.1%up
Benchmark median 6.2%
$4.7511.2%down
Benchmark median 7.9%
$5.3523.8%up
Benchmark median 1.9%
$4.3228.1%down
Benchmark median 1.5%
$6.0135.1%up
Benchmark median 34.8%
3.7%
Benchmark median 5.6%

Balance Sheet

5 annual periods

Chip: YoY change.

Balance Sheet, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Total Assets
$22.10B13.7%up
Benchmark median 5.6%
$19.43B10.2%down
Benchmark median 3.4%
$21.65B4.4%up
Benchmark median 4.1%
$20.74B2.8%down
Benchmark median 2.2%
$21.35B9.2%up
Benchmark median 6.7%
0.9%
Benchmark median 4.7%
Total Liabilities
Median of 357 / 498
$14.00B12.3%up
Benchmark median 6.4%
$12.47B8.5%down
Benchmark median 1.9%
$13.62B2.9%down
Benchmark median 2.9%
$14.04B6.1%down
Benchmark median 2.0%
$14.94B8.7%up
Benchmark median 5.2%
-1.6%
Benchmark median 4.4%
Stockholders' Equity
$8.10B16.3%up
Benchmark median 6.8%
$6.96B13.2%down
Benchmark median 5.4%
$8.02B19.6%up
Benchmark median 7.3%
$6.71B4.6%up
Benchmark median 2.5%
$6.41B10.2%up
Benchmark median 9.0%
6.0%
Benchmark median 6.1%
Cash & Equivalents
$2.16B70.3%up
Benchmark median 5.2%
$1.27B14.9%down
Benchmark median 1.9%
$1.49B35.9%up
Benchmark median 6.7%
$1.10B9.4%up
Benchmark median -8.6%
$1.00B45.0%down
Benchmark median -2.9%
21.1%
Benchmark median 2.0%
Total Debt
$7.31B25.7%up
Benchmark median 2.1%
$5.82B3.9%down
Benchmark median 0.2%
$6.05B11.2%down
Benchmark median 0.3%
$6.82B3.6%up
Benchmark median 0.1%
$6.58B14.5%up
Benchmark median -0.1%
2.7%
Benchmark median 4.3%

Cash Flow Statement

5 annual periods

Chip: YoY change.

Cash Flow Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Operating Cash Flow
$1.94B36.7%up
Benchmark median 6.3%
$1.42B41.1%down
Benchmark median 4.8%
$2.41B150.4%up
Benchmark median 9.9%
$0.96B38.3%down
Benchmark median -0.7%
$1.56B26.7%down
Benchmark median 10.7%
5.6%
Benchmark median 7.0%
Capital Expenditures
$778.00M7.9%up
Benchmark median 5.4%
$721.00M39.7%up
Benchmark median 2.8%
$516.00M6.2%up
Benchmark median 11.3%
$486.00M31.0%up
Benchmark median 14.0%
$371.00M22.0%up
Benchmark median 8.1%
20.3%
Benchmark median 9.0%
Free Cash Flow
Median of 378 / 498
$1.16B66.4%up
Benchmark median 7.3%
$0.70B63.1%down
Benchmark median 6.1%
$1.90B297.3%up
Benchmark median 8.8%
$0.48B59.9%down
Benchmark median -11.3%
$1.19B34.8%down
Benchmark median 10.2%
-0.6%
Benchmark median 4.9%

n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.

Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology

Ratios & valuation

FY2025

Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.

Valuation · Earnings yield

What a dollar of market value earned

6.8%

Wall Street

on net earnings

FY2024 4.0%

5.0%

Value investor

on free cash flow

FY2024 2.5%

Gap −1.8 pts: Value-investor figure 1.8 points lower

How it’s calculated

Wall Street · on net earnings

Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)

pe_ratio (ratio table)

P/E 14.8×

Value investor · on free cash flow

(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)

free cash flow ÷ market cap

Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.

Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.

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Smart money

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Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.

Peers, filings & research

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Research Reports

No published research on PPG yet.

Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on PPG and publish the result to your public profile.

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Cite this page

Data as of Nov 1, 2026. Canonical address: https://valuein.biz/data/PPG

APA-style text
Valuein. (2026, November 1). PPG INDUSTRIES INC (PPG) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/PPG
BibTeX
@misc{valuein_ppg_2026,
  author = {{Valuein}},
  title = {PPG INDUSTRIES INC (PPG) financial statements, earnings power and smart-money summary},
  year = {2026},
  howpublished = {\url{https://valuein.biz/data/PPG}},
  note = {Data as of 2026-11-01; source: SEC EDGAR filings}
}
Open 10-K in SEC Inline XBRL viewer

10-K filed Feb 19, 2026 · accession 0000079879-26-000046

Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.

point-in-time · survivorship-free · every number traceable to its SEC filing

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