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PPG Industries PPG Industrial Coatings Segment — Net Sales

Other segment segments

Performance Coatings Segment
$5.51B+5.3%

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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-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PPG Industries's industrial coatings segment — net sales?
PPG Industries (PPG) reported industrial coatings segment — net sales of $1.63B in Q4 2025.
How has PPG Industries's industrial coatings segment — net sales changed year-over-year?
PPG Industries's industrial coatings segment — net sales decreased by 2.4% year-over-year, from $1.67B to $1.63B.
What is the long-term trend for PPG Industries's industrial coatings segment — net sales?
Over 3 years (2022 to 2025), PPG Industries's industrial coatings segment — net sales has grown at a -2.2% compound annual growth rate (CAGR), from $6.97B to $6.52B.
What does industrial coatings segment — net sales mean?
Total revenue generated from the sale of industrial coatings products to external customers, net of returns, allowances, and discounts. This is the primary indicator of market demand for the segment's offerings.