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PPG Industries PPG Performance Coatings — Segment income (loss)

Other segment segments

Industrial Coatings
$193M-10.2%
Global Architectural Coatings
$155M+31.4%

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$232.4M+9.3%
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IOSPPerformance Chemicals — Operating Income
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NGVTPerformance Materials — Operating Income (Loss)
$92M+10.2%
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RPMPerformance Coatings Group — Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
$61.03M+13.4%

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 performance coatings — segment income (loss)?
PPG Industries (PPG) reported performance coatings — segment income (loss) of $288M in Q1 2026.
How has PPG Industries's performance coatings — segment income (loss) changed year-over-year?
PPG Industries's performance coatings — segment income (loss) increased by 5.1% year-over-year, from $274M to $288M.
What is the long-term trend for PPG Industries's performance coatings — segment income (loss)?
Over 2 years (2021 to 2023), PPG Industries's performance coatings — segment income (loss) has grown at a 7.1% compound annual growth rate (CAGR), from $1.49B to $1.71B.
What does performance coatings — segment income (loss) mean?
Measures the operating profitability of the Performance Coatings segment by subtracting all segment-related operating costs from net sales. It serves as the primary metric for evaluating the segment's contribution to the company's overall financial performance.