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PPG Industries PPG Non-Controlling Interests

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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%
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$26.48B+11.0%
Enterprise value$31.74B+10.1%
P/E16.9×
P/S1.6×0.0×

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:MinorityInterest.

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)June 30, 2026December 31, 2025
Additional paid-in capital1,3661,325
Retained earnings23,44422,942
Treasury stock, at cost(15,280)(15,119)
Accumulated other comprehensive loss(2,056)(2,176)
Total PPG shareholders’ equity$8,443$7,941
Noncontrolling interests147156
Total shareholders’ equity$8,590$8,097
Total liabilities and shareholders' equity$22,534$22,098

Item 1. Financial Statements (Unaudited):

FAQ

What is PPG Industries's non-controlling interests?
PPG Industries (PPG) reported non-controlling interests of $147M in Q2 2026.
How has PPG Industries's non-controlling interests changed year-over-year?
PPG Industries's non-controlling interests decreased by 12.0% year-over-year, from $167M to $147M.
What is the long-term trend for PPG Industries's non-controlling interests?
Over 5 years (2020 to 2025), PPG Industries's non-controlling interests has grown at a 4.4% compound annual growth rate (CAGR), from $126M to $156M.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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