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PPG Industries PPG Q4 2024 Annual earnings

Reported January 30, 2025 · After market close

Revenue estimate$4.1B
EPS estimate$1.64

Next report

Jul 28, 2026 (In 2 weeks)
Revenue estimate$4.4B
EPS estimate$2.25

Financials

Q4 2024

Income statement

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Revenue$3.7B+59.0%
Gross profit$1.5B+71.5%

Balance sheet

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Cash & equivalents$1.3B-14.9%
Total debt$5.5B-16.8%
Total equity$6.8B-13.4%
Total assets$19.4B-10.2%

Cash flow

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Operating cash flow$346.0M-61.5%
CapEx$208.0M+54.1%
Free cash flow$138.0M-81.9%

Valuation & ratios

Valuation

as of 12/31/24
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Market cap$27.71B-21.5%
Enterprise value$31.91B-21.0%
P/S1.7×-0.4×

Profitability

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Gross margin41.6%+1.2pp
FCF margin4.4%-7.3pp

Returns & leverage

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Debt / equity0.8×0.0×
Current ratio1.3×-0.2×

Segments

By geography

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EMEA$1.2B-5.4%
United States and Canada$1.2B
Asia Pacific$772.0M+2.0%
Latin America$545.0M-9.8%

By segment

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Global Architectural Coatings$881.0M

Versus estimates

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Questions, answered.

When did PPG Industries report Q4 2024 earnings?
PPG Industries (PPG) reported Q4 2024 earnings on January 30, 2025 after market close.
What were PPG Industries's Q4 2024 revenue and EPS?
PPG Industries reported revenue of $2.2B and diluted EPS of $1.61 for Q4 2024.
Did PPG Industries beat estimates in Q4 2024?
Revenue missed the consensus estimate of $4.1B by $1.9B. EPS missed the consensus estimate of $1.64 by $0.03.
Where can I find PPG Industries's Q4 2024 SEC filings?
You can read the 10-K periodic report (0000079879-25-000034) directly on SEC EDGAR. The filing index links above go to sec.gov.