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PPG Industries PPG Q2 2026 earnings

Reported July 28, 2026 · After market close

Revenue$4.5BBeat by $129.8M
Adjusted EPS$2.23Miss by $0.02
Revenue estimate$4.4B
EPS estimate$2.25

Next report

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

Financials

Q2 2026

Income statement

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Revenue$4.5B+7.2%
Gross profit$1.8B+2.6%
Operating income$743.0M0.0%
Net income$437.0M-2.9%
EPS (diluted)$1.95-1.5%

Balance sheet

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Cash & equivalents$1.5B-2.6%
Total debt$6.8B+3.6%
Total equity$8.4B+11.4%
Total assets$22.5B+2.0%

Cash flow

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Operating cash flow$559.0M+44.4%
CapEx$113.0M-6.6%
Free cash flow$446.0M+67.7%

Valuation & ratios

Valuation

as of 08/27/26
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Market cap$25.44B+0.5%
Enterprise value$30.69B+1.3%
P/E16.2×—
P/S1.6×-0.2×

Profitability

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Gross margin40.9%+0.1pp
Net margin9.6%—
FCF margin8.6%+3.0pp

Returns & leverage

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Return on equity19.6%—
Debt / equity0.8×-0.1×
Current ratio1.6×+0.2×

Segments

By geography

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EMEA$1.5B+7.9%
United States and Canada$1.5B—
Asia Pacific$820.0M+12.8%
Latin America$609.0M+13.0%

By segment

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Industrial Coatings$1.8B+6.8%
Performance Coatings$1.6B+7.1%
Global Architectural Coatings$1.1B+7.9%

FAQ

When did PPG Industries report Q2 2026 earnings?
PPG Industries (PPG) reported Q2 2026 earnings on July 28, 2026 after market close.
What were PPG Industries's Q2 2026 revenue and EPS?
PPG Industries reported revenue of $4.5B and adjusted eps of $2.23 for Q2 2026.
Did PPG Industries beat estimates in Q2 2026?
Revenue beat the consensus estimate of $4.4B by $129.8M. EPS missed the consensus estimate of $2.25 by $0.02.
How did PPG Industries's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 7.2% from $4.2B a year earlier.
Where can I find PPG Industries's Q2 2026 SEC filings?
You can read the 8-K earnings release (0000079879-26-000246) and the 10-Q periodic report (0000079879-26-000252) directly on SEC EDGAR. The filing index links above go to sec.gov.