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PPG Industries PPG Shares (Diluted)

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Other financials

Income statement

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Revenue$4.5B+7.2%
Gross profit$1.8B+2.6%
Operating income$743.0M0.0%
Net income$437.0M-2.9%
EPS (diluted)$1.95-1.5%

Balance sheet

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Cash & equivalents$1.5B-2.6%
Total debt$6.8B+3.6%
Total equity$8.4B+11.4%
Total assets$22.5B+2.0%

Cash flow

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Operating cash flow$559.0M+44.4%
CapEx$113.0M-6.6%
Free cash flow$446.0M+67.7%

Valuation

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Market cap$24.57B+3.7%
Enterprise value$29.83B+4.0%
P/E15.6×
P/S1.5×-0.1×

Profitability

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Gross margin40.9%+0.1pp
Operating margin17.1%
Net margin9.6%
FCF margin8.6%+3.0pp

Returns & leverage

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Return on equity19.6%
Debt / equity0.8×-0.1×
Current ratio1.6×+0.2×

Where this comes from

Reported directly by PPG Industries in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding.

The source filing: PPG Industries’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 3:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000079879-26-000252
(number of shares in millions)Three Months Ended June 30 / 2026Three Months Ended June 30 / 2025Six Months Ended June 30 / 2026Six Months Ended June 30 / 2025
Effect of dilutive securities:
Stock options0.10.10.10.1
Other stock compensation plans0.80.80.70.8
Potentially dilutive common shares0.90.90.80.9
Adjusted weighted average common shares outstanding223.9227.7224.2228.3
Dividends per common share$0.71$0.68$1.42$1.36
Antidilutive securities(a):
Stock options3.23.03.23.0

Item 1. Financial Statements (Unaudited):

FAQ

What is PPG Industries's shares (diluted)?
PPG Industries (PPG) reported shares (diluted) of 223.9M in Q2 2026.
How has PPG Industries's shares (diluted) changed year-over-year?
PPG Industries's shares (diluted) decreased by 1.7% year-over-year, from 227.7M to 223.9M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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