PPG Industries, Inc. (PPG) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
PPG is the world's second-largest producer of paints and coatings. PPG's products are sold to a wide variety of end users, including industrial segments such as automotive, aerospace, and protectiv...
PPG Industries, Inc.'s revenue increased 0.2% year over year, from $15.85B to $15.88B.
Net income increased 41.2% over the same period, from $1.12B to $1.58B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 8% in total.
Total debt increased by 25.7% to $7.31B.
The debt-to-equity ratio stands at 0.92, indicating a moderate leverage profile.
Operating cash flow grew 36.7% to $1.94B.
PPG Industries, Inc. maintains a moderate net profit margin of 9.9%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $4.58B-4.6% | $468.0M | $1.91B | $611.0M | $769.0M | $21.86B | $6.48B | $7.79B |
| Q4 FY2024 | $2.17B-52.7% | $-280.0M | $755.0M | $10.0M | $346.0M | $19.43B | $5.82B | $6.79B |
| Q1 FY2025 | $3.68B+70.2% | $373.0M | $1.54B | $502.0M | $-18.0M | $21.14B | $7.26B | $6.93B |
| Q2 FY2025 | $4.20B+13.9% | $450.0M | $1.76B | $598.0M | $387.0M | $22.10B | $7.33B | $7.58B |
| Q3 FY2025 | $4.08B-2.7% | $453.0M | $1.66B | $556.0M | $685.0M | $22.14B | $7.31B | $7.80B |
| Q4 FY2025 | $3.91B-4.1% | $300.0M | $1.60B | $389.0M | $887.0M | $22.10B | $7.31B | $7.94B |
| Q1 FY2026 | $3.93B+0.4% | $382.0M | $1.66B | $517.0M | $33.0M | $22.15B | $7.74B | $8.25B |
| Q2 FY2026 | $4.50B+14.4% | $437.0M | $1.81B | $653.0M | $559.0M | $22.53B | $7.47B | $8.59B |
Balance Sheet Summary (Q2 FY2026)
PPG Industries, Inc. (PPG) Financial Statements & Revenue History
PPG Industries, Inc. (PPG) is a US-listed stock operating in the Basic Materials sector, specifically the Paints, Varnishes, Lacquers, Enamels & Allied Prods industry trading at $106.35 with a market capitalization of $24. This page provides 42 historical financial statements for PPG Industries, Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, PPG Industries, Inc. reported revenue of $15.9 billion, representing 0.2% year-over-year growth. The net profit margin of 9.9% indicates moderate profitability. The debt-to-equity ratio of 0.92 reflects moderate leverage.
PPG Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows PPG Industries, Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether PPG is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track PPG's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently PPG Industries, Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of PPG's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use PPG Financial Data
Investors use PPG Industries, Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare PPG's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how PPG's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View PPG's financial health score, earnings, and pre-market pricing.
Financial data is sourced from PPG Industries, Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.PPG trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

