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PPG Industries PPG Performance Coatings — Net Sales

Other segment segments

Industrial Coatings
$1.63B+4.4%
Global Architectural Coatings
$965M+12.6%

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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 performance coatings — net sales?
PPG Industries (PPG) reported performance coatings — net sales of $1.33B in Q1 2026.
How has PPG Industries's performance coatings — net sales changed year-over-year?
PPG Industries's performance coatings — net sales increased by 5.5% year-over-year, from $1.27B to $1.33B.
What is the long-term trend for PPG Industries's performance coatings — net sales?
Over 2 years (2021 to 2023), PPG Industries's performance coatings — net sales has grown at a 3.9% compound annual growth rate (CAGR), from $10.33B to $11.16B.
What does performance coatings — net sales mean?
Represents the total revenue generated from the sale of goods and services within the Performance Coatings segment after deducting returns, allowances, and discounts. It is the primary indicator of the segment's market demand and top-line performance.