PPG Industries (PPG)
Makes architectural paints and specialized coatings for transportation, infrastructure, factories and packaging.
$107.77
After hours+0.02 (+0.02%)
At close$107.75(+2.69%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,644 | 4,350 | 4,311 | 4,235 | 4,575 | 2,165 | 3,684 | 4,195 | 4,082 | 3,914 | 3,930 | 4,495 |
| Cost of revenue | 2,752 | 2,531 | 2,445 | 2,450 | 2,663 | 1,410 | 2,142 | 2,432 | 2,426 | 2,450 | 2,275 | 2,687 |
| Gross profit | 1,892 | 1,819 | 1,866 | 1,785 | 1,912 | 755 | 1,542 | 1,763 | 1,656 | 1,464 | 1,655 | 1,808 |
| 1,297 | 1,375 | 1,314 | 1,090 | 1,296 | 374 | 1,061 | 1,113 | 1,218 | 1,014 | 1,130 | 1,172 | |
| Research & development | 108 | 111 | 109 | 108 | 105 | 98 | 102 | 106 | 106 | 109 | 113 | 107 |
| 1,047 | 1,114 | 1,064 | 858 | 1,062 | 188 | 838 | 872 | 824 | 905 | 885 | 931 | |
| General & administrative | 1,047 | 1,114 | 1,064 | 858 | 1,062 | 188 | 838 | 872 | 824 | 0 | 885 | 931 |
| Other expenses | 142 | 150 | 141 | 124 | 129 | 88 | 121 | 135 | 288 | 0 | 132 | 134 |
| Operating income | 595 | 444 | 552 | 695 | 616 | 381 | 481 | 650 | 438 | 450 | 525 | 636 |
| −38 | −252 | −14 | −44 | −5 | −371 | 21 | −52 | 118 | −61 | −8 | −67 | |
| Interest income | 39 | 44 | 42 | 45 | 48 | 42 | 43 | 44 | 42 | 24 | 37 | 42 |
| Interest expense | 64 | 57 | 55 | 62 | 67 | 57 | 56 | 62 | 65 | 58 | 61 | 71 |
| Other non-operating income | −26 | 195 | −41 | −18 | −62 | 314 | −77 | −10 | −183 | 3 | −53 | 38 |
| Income before tax | 557 | 192 | 538 | 651 | 611 | 10 | 502 | 598 | 556 | 389 | 517 | 569 |
| Income tax expense | 121 | 89 | 129 | 149 | 137 | 53 | 122 | 140 | 118 | 78 | 132 | 127 |
| Net income from continuing operations | 436 | 103 | 409 | 502 | 474 | −43 | 380 | 458 | 438 | 311 | 385 | 442 |
| Discontinued operations | 0 | 0 | 0 | 35 | 0 | 0 | −2 | 0 | 9 | −2 | 0 | −2 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | −228 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 426 | 90 | 400 | 528 | 468 | −280 | 373 | 450 | 453 | 300 | 382 | 437 |
| EPS, basic | $1.80 | $0.38 | $1.70 | $2.25 | $2.01 | −$1.20 | $1.64 | $1.98 | $2.01 | $1.34 | $1.71 | $1.96 |
| EPS, diluted | $1.79 | $0.38 | $1.69 | $2.24 | $2.00 | −$1.20 | $1.63 | $1.98 | $2.00 | $1.33 | $1.70 | $1.95 |
| Weighted average shares, basic | 236 | 236 | 236 | 235 | 233 | 233 | 228 | 227 | 225 | 224 | 224 | 223 |
| Weighted average shares, diluted | 238 | 237 | 237 | 236 | 234 | 234 | 229 | 228 | 227 | 225 | 224 | 224 |
| EBITDA | 763 | 399 | 734 | 837 | 828 | 155 | 679 | 795 | 759 | 581 | 710 | 732 |
| Depreciation & amortization | 142 | 150 | 141 | 124 | 150 | 88 | 121 | 135 | 138 | 134 | 132 | 134 |
| EBIT | 621 | 249 | 593 | 713 | 678 | 67 | 558 | 660 | 621 | 447 | 578 | 598 |
