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PPG Industries PPG Industrial Coatings Segment — SG&A

Other segment segments

Performance Coatings Segment
$1.07B+5.1%

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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:SellingGeneralAndAdministrativeExpense.

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 — SG&A?
PPG Industries (PPG) reported industrial coatings segment — SG&A of $205.5M in Q4 2025.
How has PPG Industries's industrial coatings segment — SG&A changed year-over-year?
PPG Industries's industrial coatings segment — SG&A decreased by 1.9% year-over-year, from $209.5M to $205.5M.
What is the long-term trend for PPG Industries's industrial coatings segment — SG&A?
Over 3 years (2022 to 2025), PPG Industries's industrial coatings segment — SG&A has grown at a 1.5% compound annual growth rate (CAGR), from $786M to $822M.
What does industrial coatings segment — SG&A mean?
Operating expenses incurred to support the Industrial Coatings segment, including sales force costs, marketing, research and development, and administrative overhead.