PPG Industries (PPG) financial statements
- FY2025 revenue
- $15.9B▲ +0.2%
- FY2025 net income
- $1.6B▲ +41.2%
- FY2025 diluted EPS
- $6.94▲ +46.1%
- FY2025 free cash flow
- $1.2B▲ +66.4%
PPG Industries income statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Revenue | 15,875 | 15,845 | 16,242 |
| Operating income | n/a | n/a | 2,675 |
| Pretax income | 2,045 | 1,852 | 1,690 |
| Net income | 1,576 | 1,116 | 1,270 |
| Diluted earnings per share | 6.94 | 4.75 | 5.35 |
PPG Industries balance sheet
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Cash and cash equivalents | 2,163 | 1,270 | 1,493 |
| Total assets | 22,098 | 19,433 | 21,647 |
| Total liabilities | 14,001 | 12,471 | 13,624 |
| Total equity | 8,097 | 6,962 | 8,023 |
| Long-term debt | 6,602 | 4,876 | 5,748 |
PPG Industries cash flow statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Operating cash flow | 1,941 | 1,420 | 2,411 |
| Capital expenditure | -778 | -721 | -516 |
| Free cash flow (derived) | 1,163 | 699 | 1,895 |
| Dividends paid | -628 | -622 | -598 |
| Share repurchases | -790 | -752 | -86 |
Quarterly highlights
| USD millions | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Period ended | 30 Sep 2026 | 30 Jun 2026 | 31 Mar 2026 | 31 Dec 2025 |
| Revenue (derived) | 4,353 | 4,495 | 3,930 | 3,914 |
| Operating income | 757 | 743 | 636 | n/a |
| Net income (derived) | 451 | 440 | 385 | 300 |
| Diluted earnings per share | 2.02 | 1.95 | 1.70 | n/a |
| Operating cash flow (derived) | 566 | 559 | 33 | 887 |
| Total assets | 22,574 | 22,534 | 22,150 | 22,098 |
PPG Industries major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| Vanguard Capital Management | 7.5% | 16,800,620 | 30 April 2026 |
| STATE STREET CORPORATION | 6.2% | 13,883,511 | 7 August 2026 |
| Wellington Management Company LLP | 6.1% | 15,159,770 | 12 November 2025 |
| Vanguard Portfolio Management | 5.7% | 12,853,300 | 29 April 2026 |
PPG Industries 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 28 October 2026 | 10-Q | Quarterly report | Quarterly report |
| 27 October 2026 | 8-K | Current report | Current report |
| 29 July 2026 | 10-Q | Quarterly report | Quarterly report |
| 28 July 2026 | 8-K | Current report | Current report |
| 29 April 2026 | 10-Q | Quarterly report | Quarterly report |
| 28 April 2026 | 8-K | Current report | Current report |
| 28 April 2026 | 8-K | Current report | Current report |
| 21 April 2026 | 8-K | Current report | Current report |
Common questions
What was PPG Industries' revenue in fiscal 2025?
PPG Industries reported $15.9 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 0.2% from fiscal 2024.
What was PPG Industries' net income in fiscal 2025?
PPG Industries reported net income of $1.6 billion for fiscal 2025, the year ended 31 December 2025, up 41.2% from fiscal 2024. Diluted earnings per share were $6.94.
What was PPG Industries' free cash flow in fiscal 2025?
PPG Industries had $1.2 billion in free cash flow in fiscal 2025. Operating cash flow was $1.9 billion and capital expenditure was $778 million.
What were PPG Industries' total assets at the end of fiscal 2025?
PPG Industries reported total assets of $22.1 billion at the end of fiscal 2025, the year ended 31 December 2025.
How much PPG Industries history does each plan include?
Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.
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