What is PPG Industries's industrial coatings — SG&A?

PPG Industries (PPG) reported industrial coatings — SG&A of $212M in Q1 2026.

How has PPG Industries's industrial coatings — SG&A changed year-over-year?

PPG Industries's industrial coatings — SG&A increased by 6.0% year-over-year, from $200M to $212M.

What does industrial coatings — SG&A mean?

Covers the operating expenses incurred by the Industrial Coatings segment that are not directly tied to production, including sales commissions, marketing, research and development, and administrative overhead. This metric reflects the segment's investment in growth and its operational discipline. It is a key component in determining the segment's overall profitability.

PPG Industries PPG Industrial Coatings — SG&A

Other segment segments

Global Architectural Coatings

$307M+12.0%

Performance Coatings

$277M+8.2%

Similar metrics at other companies

MOG.BIndustrial — SG&A

$46.15M+4.0%

AZZMetal Coatings — SG&A

$6.46M+27.0%

WWDIndustrial — Selling General And Administrative Expense

$39.49M+47.3%

MEIIndustrial — Selling General And Administrative Expense

$11.1M+32.1%

SXCIndustrial Services — Selling, general and administrative expenses

$8.9M+2,867%

HWK

HWKNIndustrial Solutions — Selling, general, and administrative expenses

$3.43M+7.2%

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-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PPG Industries's industrial coatings — SG&A?: PPG Industries (PPG) reported industrial coatings — SG&A of $212M in Q1 2026.
How has PPG Industries's industrial coatings — SG&A changed year-over-year?: PPG Industries's industrial coatings — SG&A increased by 6.0% year-over-year, from $200M to $212M.
What does industrial coatings — SG&A mean?: Covers the operating expenses incurred by the Industrial Coatings segment that are not directly tied to production, including sales commissions, marketing, research and development, and administrative overhead. This metric reflects the segment's investment in growth and its operational discipline. It is a key component in determining the segment's overall profitability.