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PPG Industries PPG United States and Canada — Pre-Tax Income

Other geography segments

EMEA
$581M-5.8%
Latin America
$522M-10.2%
Asia Pacific
$418M-12.2%

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ALGNon-US — Pre-Tax Income
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NTRSNon-U.S. — Pre-Tax Income
$139.15M+43.1%
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INCYUnited States — Income before provision for income taxes
$392.94M+291%
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ZTSU.S. — Income before provision for taxes on income
$697M-10.5%

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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 united states and canada — pre-tax income?
PPG Industries (PPG) reported united states and canada — pre-tax income of $275.25M in Q4 2025.
How has PPG Industries's united states and canada — pre-tax income changed year-over-year?
PPG Industries's united states and canada — pre-tax income increased by 6.0% year-over-year, from $259.75M to $275.25M.
What is the long-term trend for PPG Industries's united states and canada — pre-tax income?
Over 3 years (2022 to 2025), PPG Industries's united states and canada — pre-tax income has grown at a 10.0% compound annual growth rate (CAGR), from $828M to $1.1B.
What does united states and canada — pre-tax income mean?
This metric represents the pre-tax earnings attributable to the United States and Canada geographic segment, accounting for both operating results and non-operating items allocated to the region. It serves as a comprehensive measure of the segment's financial contribution to the company's bottom line before tax obligations. Investors use this to assess the regional profitability profile independent of varying corporate tax structures.