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PPG Industries PPG Industrial Coatings — D&A

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Other financials

Income statement

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Revenue$3.9B+6.7%
Gross profit$1.7B+7.3%
Operating income$636.0M+4.8%
Net income$382.0M+2.4%
EPS (diluted)$1.70+4.3%

Balance sheet

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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

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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

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Gross margin41.4%0.0pp
Operating margin16.6%
Net margin9.8%
FCF margin7.6%+2.6pp

Returns & leverage

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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:DepreciationDepletionAndAmortization.

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 industrial coatings — D&A?
PPG Industries (PPG) reported industrial coatings — D&A of $52M in Q1 2026.
How has PPG Industries's industrial coatings — D&A changed year-over-year?
PPG Industries's industrial coatings — D&A increased by 8.3% year-over-year, from $48M to $52M.
What is the long-term trend for PPG Industries's industrial coatings — D&A?
Over 2 years (2021 to 2023), PPG Industries's industrial coatings — D&A has grown at a 0.2% compound annual growth rate (CAGR), from $212M to $213M.
What does industrial coatings — D&A mean?
Represents the non-cash allocation of the cost of tangible and intangible assets over their useful lives within the Industrial Coatings segment. This expense reflects the wear and tear of manufacturing equipment and the amortization of acquired technology or customer lists. It is a critical non-cash charge that impacts segment operating income.