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PPG Industries PPG Industrial Coatings — Segment income (loss)

Other segment segments

Performance Coatings
$288M+5.1%
Global Architectural Coatings
$155M+31.4%

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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:OperatingIncomeLoss.

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 — segment income (loss)?
PPG Industries (PPG) reported industrial coatings — segment income (loss) of $193M in Q1 2026.
How has PPG Industries's industrial coatings — segment income (loss) changed year-over-year?
PPG Industries's industrial coatings — segment income (loss) decreased by 10.2% year-over-year, from $215M to $193M.
What is the long-term trend for PPG Industries's industrial coatings — segment income (loss)?
Over 2 years (2021 to 2023), PPG Industries's industrial coatings — segment income (loss) has grown at a 19.2% compound annual growth rate (CAGR), from $680M to $966M.
What does industrial coatings — segment income (loss) mean?
Represents the operating profit or loss generated by the Industrial Coatings segment after all direct and allocated operating expenses. This is the primary measure of the segment's financial health and its contribution to the company's total earnings. It reflects the segment's ability to convert sales into bottom-line profit.