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PPG Industries PPG Q4 2025 Annual earnings

Reported January 27, 2026 · After market close

Revenue$3.9BBeat by $133.7M
EPS$1.51Miss by $0.07
Revenue estimate$3.8B
EPS estimate$1.58

Next report

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

Financials

Q4 2025

Income statement

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Revenue$3.9B+80.8%
Gross profit$1.6B+112%
Net income$300.0M—
EPS (diluted)$1.34—

Balance sheet

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Cash & equivalents$2.2B+70.3%
Total debt$7.2B+31.6%
Total equity$7.9B+17.0%
Total assets$22.1B+13.7%

Cash flow

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Operating cash flow$887.0M+156%
CapEx$301.0M+52.0%
Free cash flow$586.0M+296%

Valuation & ratios

Valuation

as of 12/31/25
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Market cap$22.99B-17.0%
Enterprise value$28.03B-12.2%
P/E14.6×—
P/S1.4×-0.3×

Profitability

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Gross margin41.3%-0.3pp
Net margin9.9%—
FCF margin7.3%+2.9pp

Returns & leverage

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Return on equity21.4%—
Debt / equity0.9×+0.1×
Current ratio1.6×+0.3×

Segments

By geography

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EMEA$1.3B+6.6%
Latin America$613.0M+12.5%

FAQ

When did PPG Industries report Q4 2025 earnings?
PPG Industries (PPG) reported Q4 2025 earnings on January 27, 2026 after market close.
What were PPG Industries's Q4 2025 revenue and EPS?
PPG Industries reported revenue of $3.9B and eps of $1.51 for Q4 2025.
Did PPG Industries beat estimates in Q4 2025?
Revenue beat the consensus estimate of $3.8B by $133.7M. EPS missed the consensus estimate of $1.58 by $0.07.
How did PPG Industries's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 80.8% from $2.2B a year earlier and eps declined 6.2% from $1.61.
Where can I find PPG Industries's Q4 2025 SEC filings?
You can read the 8-K earnings release (0000079879-26-000025) and the 10-K periodic report (0000079879-26-000046) directly on SEC EDGAR. The filing index links above go to sec.gov.