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Segments

By segment

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Industrial Coatings$52M+8.3%
Performance Coatings$38M+15.2%
Global Architectural Coatings$29M+11.5%

Other financials

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

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Market cap$27.04B+8.2%
Enterprise value$32.5B+8.4%
P/E17.1×
P/S1.7×+0.1×

Profitability

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Gross margin41.4%0.0pp
Operating margin16.6%
Net margin9.8%
FCF margin7.6%+2.6pp

Returns & leverage

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

Where this comes from

Reported directly by PPG Industries in its filing.

Tagged under the XBRL concept us-gaap:DepreciationAndAmortization.

The official record: PPG Industries’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PPG Industries's D&A?
PPG Industries (PPG) reported D&A of $132M in Q1 2026.
How has PPG Industries's D&A changed year-over-year?
PPG Industries's D&A increased by 9.1% year-over-year, from $121M to $132M.
What is the long-term trend for PPG Industries's D&A?
Over 4 years (2021 to 2025), PPG Industries's D&A has grown at a -1.5% compound annual growth rate (CAGR), from $561M to $528M.
What does D&A mean?
Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.