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PPG Industries PPG Employee benefits

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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 ppg:DeferredTaxLiabilitiesCompensationAndBenefits.

The source filing: PPG Industries’s 10-K, filed February 19, 2026.

Filed
Feb 19, 2026, 1:16 PM EST
Fiscal year
FY2025
Accession
0000079879-26-000046
($ in millions)20252024
Deferred income tax liabilities related to
Property$201$268
Intangibles643607
Employee benefits4339
Operating lease right-of-use assets150148
Other13105
Total$1,050$1,167
Deferred income tax assets/(liabilities) – net$24($102)

Item 8. Financial Statements and Supplementary Data

FAQ

What is PPG Industries's employee benefits?
PPG Industries (PPG) reported employee benefits of $43M in Q4 2025.
How has PPG Industries's employee benefits changed year-over-year?
PPG Industries's employee benefits increased by 10.3% year-over-year, from $39M to $43M.
What is the long-term trend for PPG Industries's employee benefits?
Over 5 years (2020 to 2025), PPG Industries's employee benefits has grown at a 3.1% compound annual growth rate (CAGR), from $37M to $43M.
What does employee benefits mean?
This represents deferred tax liabilities specifically associated with employee compensation and benefit plans. It arises when the tax deduction for compensation expenses occurs in a different period than the financial accounting expense recognition. It reflects the future tax obligation associated with these benefit accruals.

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