PPG Industries, Inc. (PPG) — Financial statements
Income statement, balance sheet, and cash flow for PPG Industries, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 15,875↑0.2% | 15,845↓2.4% | 16,242↑4.0% | 15,614↓7.1% | 16,802 | |
| Cost of Revenue | 9,844↑6.4% | 9,252↓4.4% | 9,678↓3.0% | 9,975↓3.0% | 10,286 | |
| Gross Profit | 6,031↓8.5% | 6,593↑0.4% | 6,564↑16.4% | 5,639↓13.5% | 6,516 | |
| Operating Expenses | ||||||
| R&D Expenses | 423↑0.0% | 423↓0.2% | 424↓2.3% | 434↓1.1% | 439 | |
| General & Administrative Expenses | 0.00↓100.0% | 3,391↓5.6% | 3,591↑18.2% | 3,037↓20.7% | 3,830 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 3,439↑1.4% | 3,391↓5.6% | 3,591↑18.2% | 3,037↓20.7% | 3,830 | |
| Other Expenses | 0.00↓100.0% | 492↓4.3% | 514↑2.4% | 502↓10.5% | 561 | |
| Operating Expenses | 3,862↓10.3% | 4,306↓4.9% | 4,529↑14.0% | 3,973↓17.7% | 4,830 | |
| Total Costs & Expenses | 13,706↑1.1% | 13,558↓4.6% | 14,207↑1.9% | 13,948↓7.7% | 15,116 | |
| Operating Results | ||||||
| Operating Income | 2,169↓5.2% | 2,287↑12.4% | 2,035↑22.1% | 1,666↓1.2% | 1,686 | |
| Depreciation & Amortization | 528↑7.3% | 492↓4.3% | 514↑2.4% | 502↓10.5% | 561 | |
| EBITDA | 2,814↑8.9% | 2,585↑5.5% | 2,451↑21.1% | 2,024↓18.9% | 2,497 | |
| EBIT | 2,286↑9.2% | 2,093↑8.1% | 1,937↑27.3% | 1,522↓21.4% | 1,936 | |
| Interest & Other Income | ||||||
| Net Interest Income | -88↓37.5% | -64↑40.2% | -107↑5.3% | -113↓18.9% | -95 | |
| Interest Income | 153↓13.6% | 177↑26.4% | 140↑159.3% | 54↑107.7% | 26 | |
| Interest Expense | 241↑0.0% | 241↓2.4% | 247↑47.9% | 167↑38.0% | 121 | |
| Non-Operating Income | -117↓160.3% | 194↑98.0% | 98↓31.9% | 144↑157.6% | -250 | |
| Other Income / Expenses | -124↑71.5% | -435↓26.1% | -345↓10.9% | -311↓341.1% | 129 | |
| Income Before Tax | 2,045↑10.4% | 1,852↑9.6% | 1,690↑24.7% | 1,355↓25.3% | 1,815 | |
| Income Tax Expense | 458↓3.6% | 475↑11.0% | 428↑33.8% | 320↓14.4% | 374 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,587↑15.3% | 1,377↑9.1% | 1,262↑21.9% | 1,035↓28.2% | 1,441 | |
| Net Income from Discontinued Operations | 5↑102.2% | -228↓585.1% | 47↑147.4% | 19↑0.0% | 19 | |
| Net Income | 1,576↑41.2% | 1,116↓12.1% | 1,270↑23.8% | 1,026↓28.7% | 1,439 | |
| Bottom-Line Net Income | 1,576↑41.2% | 1,116↓12.1% | 1,270↑23.8% | 1,026↓28.7% | 1,439 | |
| EPS (Basic) | 6.96↑45.9% | 4.77↓11.3% | 5.38↑23.7% | 4.35↓28.2% | 6.06 | |
| EPS (Diluted) | 6.92↑45.7% | 4.75↓11.2% | 5.35↑23.8% | 4.32↓28.1% | 6.01 | |
| Weighted Average Shares | 226↓3.2% | 234↓0.9% | 236↓0.0% | 236↓0.6% | 238 | |
| Weighted Average Diluted Shares | 227↓3.3% | 235↓1.0% | 237↓0.0% | 237↓0.9% | 239 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.