PPG
PPG Industries Inc
NYSE: PPG · BASIC MATERIALS · SPECIALTY CHEMICALS
$104.69
-2.78% today
Updated 2026-04-29
Market cap
$23.43B
P/E ratio
15.13
P/S ratio
1.48x
EPS (TTM)
$6.92
Dividend yield
—
52W range
$93 – $133
Volume
2.2M
PPG Industries Inc (PPG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.86B | $12.22B | $15.85B | $12.24B | $13.42B | $13.15B | $12.69B | $14.27B | $14.79B | $14.24B | $14.27B | $14.75B | $15.37B | $15.15B | $13.83B | $16.80B | $15.61B | $16.24B | $15.85B | $15.88B |
| Revenue growth (YoY) | — | +23.9% | +29.7% | -22.8% | +9.7% | -2.0% | -3.6% | +12.4% | +3.7% | -3.7% | +0.2% | +3.3% | +4.2% | -1.5% | -8.7% | +21.5% | -7.1% | +4.0% | -2.4% | +0.2% |
| Cost of revenue | $6.15B | $7.83B | $10.15B | $7.54B | $8.21B | $7.87B | $7.60B | $8.31B | $8.35B | $7.79B | $7.67B | $8.21B | $9.00B | $8.65B | $7.78B | $10.29B | $9.97B | $9.68B | $9.25B | $9.84B |
| Gross profit | $3.71B | $4.39B | $5.69B | $4.70B | $5.21B | $5.29B | $5.09B | $5.95B | $6.44B | $6.46B | $6.61B | $6.54B | $6.37B | $6.49B | $6.06B | $6.52B | $5.64B | $6.56B | $6.59B | $6.03B |
| Gross margin | 37.6% | 35.9% | 35.9% | 38.4% | 38.8% | 40.2% | 40.1% | 41.7% | 43.6% | 45.3% | 46.3% | 44.3% | 41.5% | 42.9% | 43.8% | 38.8% | 36.1% | 40.4% | 41.6% | 38.0% |
| R&D | $305.00M | $348.00M | $451.00M | $388.00M | $394.00M | $428.00M | $430.00M | $463.00M | $483.00M | $466.00M | $453.00M | $451.00M | $441.00M | $432.00M | $379.00M | $439.00M | $434.00M | $424.00M | $423.00M | $423.00M |
| SG&A | $1.98B | $2.14B | $3.43B | $388.00M | $2.98B | $3.12B | $2.99B | $3.49B | $3.70B | $3.58B | $4.52B | $3.61B | $3.57B | $3.60B | $3.39B | $3.83B | $3.04B | $3.59B | $3.39B | $3.44B |
| Operating income | $1.23B | $1.31B | $1.24B | $883.00M | $1.37B | $1.31B | $1.27B | $1.55B | $1.81B | $1.96B | $1.19B | $2.01B | $1.86B | $1.95B | $1.78B | $1.69B | $1.67B | $2.04B | $2.29B | $2.17B |
| Operating margin | 12.5% | 10.7% | 7.8% | 7.2% | 10.2% | 10.0% | 10.0% | 10.9% | 12.3% | 13.8% | 8.3% | 13.7% | 12.1% | 12.8% | 12.9% | 10.0% | 10.7% | 12.5% | 14.4% | 13.7% |
| EBITDA | $1.61B | $1.81B | $1.73B | $1.29B | $1.95B | $1.86B | $1.44B | $1.87B | $1.98B | $2.32B | $1.34B | $2.57B | $2.31B | $2.30B | $2.01B | $2.50B | $2.02B | $2.45B | $2.58B | $2.81B |
| EBITDA margin | 16.3% | 14.8% | 10.9% | 10.5% | 14.6% | 14.1% | 11.3% | 13.1% | 13.4% | 16.3% | 9.4% | 17.4% | 15.0% | 15.2% | 14.5% | 14.9% | 13.0% | 15.1% | 16.3% | 17.7% |
| EBIT | $1.23B | $1.41B | $1.16B | $810.00M | $1.48B | $1.43B | $1.04B | $1.42B | $1.53B | $1.87B | $904.00M | $2.11B | $1.81B | $1.79B | $1.50B | $1.94B | $1.52B | $1.94B | $2.09B | $2.29B |
| Interest expense | $0.00 | $93.00M | $254.00M | $193.00M | $189.00M | $210.00M | $210.00M | $196.00M | $83.00M | $126.00M | $125.00M | $105.00M | $118.00M | $132.00M | $138.00M | $121.00M | $167.00M | $247.00M | $241.00M | $241.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $711.00M | $834.00M | $538.00M | $336.00M | $769.00M | $1.09B | $941.00M | $3.23B | $2.10B | $1.41B | $873.00M | $1.59B | $1.34B | $1.24B | $1.06B | $1.44B | $1.03B | $1.27B | $1.12B | $1.58B |
| Net income growth (YoY) | — | +17.3% | -35.5% | -37.5% | +128.9% | +42.4% | -14.1% | +243.4% | -34.9% | -33.1% | -37.9% | +82.6% | -15.9% | -7.3% | -14.8% | +35.9% | -28.7% | +23.8% | -12.1% | +41.2% |
| Profit margin | 7.2% | 6.8% | 3.4% | 2.7% | 5.7% | 8.3% | 7.4% | 22.6% | 14.2% | 9.9% | 6.1% | 10.8% | 8.7% | 8.2% | 7.7% | 8.6% | 6.6% | 7.8% | 7.0% | 9.9% |