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Other financials

Income statement

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Revenue$4.5B+7.2%
Gross profit$1.8B+2.6%
Operating income$743.0M0.0%
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

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Market cap$23.19B-1.3%
Enterprise value$28.45B+1.0%
P/E14.8×—
P/S1.4×-0.3×

Profitability

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Gross margin40.9%+0.1pp
Operating margin17.1%—
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×

Where this comes from

Reported directly by PPG Industries in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: PPG Industries’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 3:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000079879-26-000252
($ in millions, except per share amounts)Three Months Ended June 30 / 2026Three Months Ended June 30 / 2025Six Months Ended June 30 / 2026Six Months Ended June 30 / 2025
Loss from discontinued operations, net of tax(2)—(2)(2)
Net income attributable to controlling and noncontrolling interests$440$458$825$836
Net income attributable to noncontrolling interests(3)(8)(6)(13)
Net income (attributable to PPG)$437$450$819$823
Amounts attributable to PPG:
Income from continuing operations, net of tax$439$450$821$825
Loss from discontinued operations, net of tax(2)—(2)(2)
Net income (attributable to PPG)$437$450$819$823

Item 1. Financial Statements (Unaudited):

FAQ

What is PPG Industries's net income?
PPG Industries (PPG) reported net income of $437M in Q2 2026.
How has PPG Industries's net income changed year-over-year?
PPG Industries's net income decreased by 2.9% year-over-year, from $450M to $437M.
What is the long-term trend for PPG Industries's net income?
Over 3 years (2021 to 2025), PPG Industries's net income has grown at a 3.1% compound annual growth rate (CAGR), from $1.44B to $1.58B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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