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PPG Industries PPG Q1 2026 earnings

Reported April 28, 2026 · After market close

Revenue$3.9BBeat by $78.8M
EPS$1.83Beat by $0.05
Revenue estimate$3.9B
EPS estimate$1.78

Next report

Oct 27, 2026 (in 2 months)
Revenue estimate$4.3B
EPS estimate$2.18

Financials

Q1 2026

Income statement

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Revenue$3.9B+6.7%
Gross profit$1.7B+7.3%
Operating income$636.0M+4.8%
Net income$382.0M+2.4%
EPS (diluted)$1.70+4.3%

Balance sheet

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Cash & equivalents$1.6B-14.0%
Total debt$7.0B+13.7%
Total equity$8.1B+17.0%
Total assets$22.2B+4.8%

Cash flow

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Operating cash flow$33.0M+283%
CapEx$196.0M-6.2%
Free cash flow-$163.0M+28.2%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$23.92B-3.6%
Enterprise value$29.39B+0.7%
P/E15.1×—
P/S1.5×-0.1×

Profitability

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Gross margin41.4%+0.2pp
Net margin9.8%—
FCF margin7.6%+2.4pp

Returns & leverage

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Return on equity21.1%—
Debt / equity0.9×0.0×
Current ratio1.6×+0.3×

Segments

By segment

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Industrial Coatings$1.6B+4.4%
Performance Coatings$1.3B+5.5%
Global Architectural Coatings$965.0M+12.6%

By geography

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EMEA$1.4B+11.9%
Asia Pacific$698.0M+7.9%
Latin America$547.0M+13.7%

FAQ

When did PPG Industries report Q1 2026 earnings?
PPG Industries (PPG) reported Q1 2026 earnings on April 28, 2026 after market close.
What were PPG Industries's Q1 2026 revenue and EPS?
PPG Industries reported revenue of $3.9B and eps of $1.83 for Q1 2026.
Did PPG Industries beat estimates in Q1 2026?
Revenue beat the consensus estimate of $3.9B by $78.8M. EPS beat the consensus estimate of $1.78 by $0.05.
How did PPG Industries's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 6.7% from $3.7B a year earlier and eps grew 6.4% from $1.72.
Where can I find PPG Industries's Q1 2026 SEC filings?
You can read the 8-K earnings release (0000079879-26-000164) and the 10-Q periodic report (0000079879-26-000170) directly on SEC EDGAR. The filing index links above go to sec.gov.