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PPG Industries PPG Noncontrolling interests in subsidiaries

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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$26.61B+10.7%
Enterprise value$31.87B+9.8%
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 noncontrolling interests in subsidiaries?
PPG Industries (PPG) reported noncontrolling interests in subsidiaries of $147M in Q2 2026.
How has PPG Industries's noncontrolling interests in subsidiaries changed year-over-year?
PPG Industries's noncontrolling interests in subsidiaries decreased by 12.0% year-over-year, from $167M to $147M.
What is the long-term trend for PPG Industries's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), PPG Industries's noncontrolling interests in subsidiaries has grown at a 4.4% compound annual growth rate (CAGR), from $126M to $156M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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