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PPG Industries PPG Net margin

Net margin at other companies

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11.9%-4.1pp
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Sherwin-WilliamsSHW
11%0.0pp
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RPM InternationalRPM
8.4%-0.9pp
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Axalta Coating SystemsAXTA
6.8%-1.8pp
Ingevity logo
IngevityNGVT
-10.6%-4.1pp
Dow logo
DowDOW
-2.7%+0.9pp

Other financials

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

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Market cap$24.57B+3.7%
Enterprise value$29.83B+4.0%
P/E15.6×—
P/S1.5×-0.1×

Profitability

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

Calculated from PPG Industries’s reported figures.

net income/total revenue=9.6%

Based on trailing twelve months.

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

Filed
Jul 29, 2026, 3:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000079879-26-000252

FAQ

What is PPG Industries's net margin?
PPG Industries (PPG) reported net margin of 9.6% in Q2 2026.
What is the long-term trend for PPG Industries's net margin?
Over 4 years (2020 to 2025), PPG Industries's net margin has grown at a 6.7% compound annual growth rate (CAGR), from 7.7% to 9.9%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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