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PPG Industries PPG Industrial Coatings — Net Sales

Other segment segments

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$1.33B+5.5%
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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 — net sales?
PPG Industries (PPG) reported industrial coatings — net sales of $1.63B in Q1 2026.
How has PPG Industries's industrial coatings — net sales changed year-over-year?
PPG Industries's industrial coatings — net sales increased by 4.4% year-over-year, from $1.56B to $1.63B.
What is the long-term trend for PPG Industries's industrial coatings — net sales?
Over 2 years (2021 to 2023), PPG Industries's industrial coatings — net sales has grown at a 4.6% compound annual growth rate (CAGR), from $6.47B to $7.08B.
What does industrial coatings — net sales mean?
Represents the total revenue generated from the sale of industrial coatings products after deducting returns, allowances, and discounts. This is the primary top-line metric for the segment, reflecting market demand for coatings used in automotive, aerospace, and industrial applications. It serves as a key indicator of the segment's market share and pricing power.