What is PPG Industries's operating income?

PPG Industries (PPG) reported operating income of $636M in Q1 2026.

How has PPG Industries's operating income changed year-over-year?

PPG Industries's operating income increased by 4.8% year-over-year, from $607M to $636M.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

PPG Industries PPG Operating Income

Operating Income at other companies

3MMMM

$1.4B+12.1%

Axalta Coating SystemsAXTA

$146M-17.0%

GracoGGG

$137.78M-4.3%

NordsonNDSN

$197.2M+16.9%

Element SolutionsESI

$111.4M+43.9%

Cabot CorporationCBT

$129M-20.4%

Segments

By geography

See full

United States and Canada$268M-1.8%

EMEA$149M+3.5%

Latin America$139M+35.0%

Asia Pacific$80M-8.0%

By segment

See full

Performance Coatings$288M+5.1%

Industrial Coatings$193M-10.2%

Global Architectural Coatings$155M+31.4%

Other financials

Income statement

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Revenue$3.9B+6.7%

Gross profit$1.7B+7.3%

Net income$382.0M+2.4%

EPS (diluted)$1.70+4.3%

Balance sheet

See full

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

See full

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

See full

Gross margin41.4%0.0pp

Operating margin16.6%—

Net margin9.8%—

FCF margin7.6%+2.6pp

Returns & leverage

See full

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:OperatingIncomeLoss.

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 operating income?: PPG Industries (PPG) reported operating income of $636M in Q1 2026.
How has PPG Industries's operating income changed year-over-year?: PPG Industries's operating income increased by 4.8% year-over-year, from $607M to $636M.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.