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PPG Industries PPG Operating Lease Liabilities

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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$26.04B+9.2%
Enterprise value$31.3B+8.6%
P/E16.6×
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:OperatingLeaseLiabilityNoncurrent.

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
Current portion of operating lease liabilities135138
Total current liabilities$5,229$4,900
Long-term debt6,1956,602
Operating lease liabilities438450
Accrued pensions549550
Other postretirement benefits386392
Deferred income taxes506457
Other liabilities641650

Item 1. Financial Statements (Unaudited):

FAQ

What is PPG Industries's operating lease liabilities?
PPG Industries (PPG) reported operating lease liabilities of $438M in Q2 2026.
How has PPG Industries's operating lease liabilities changed year-over-year?
PPG Industries's operating lease liabilities decreased by 7.8% year-over-year, from $475M to $438M.
What is the long-term trend for PPG Industries's operating lease liabilities?
Over 5 years (2020 to 2025), PPG Industries's operating lease liabilities has grown at a -7.8% compound annual growth rate (CAGR), from $677M to $450M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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