# PPG Industries Inc: financial statements, quarterly

PPG · NYSE · CIK 79879 · [Materials](/sectors/materials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ppg.md) · [Financials](/companies/ppg/financials.md) · [Filings](/companies/ppg/filings.md) · [Insiders](/companies/ppg/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/ppg/financials.md?period=annual).

## Income statement

| Line item | Unit | Q1 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [4,872](/filings/0000079879-24-000167.md) | [4,644](/filings/0000079879-24-000217.md) | [2,346 d](/filings/0000079879-26-000046.md) | [3,849](/filings/0000079879-25-000133.md) | [4,235](/filings/0000079879-25-000223.md) | [4,032](/filings/0000079879-25-000311.md) | [3,729 d](/filings/0000079879-26-000046.md) | [3,684](/filings/0000079879-26-000170.md) | [4,195](/filings/0000079879-25-000223.md) | [4,082](/filings/0000079879-25-000311.md) | [3,914 d](/filings/0000079879-26-000046.md) | [3,930](/filings/0000079879-26-000170.md) |
| Cost of revenue | $m | [2,866](/filings/0000079879-24-000167.md) | [2,752](/filings/0000079879-24-000217.md) | [1,464 d](/filings/0000079879-26-000046.md) | [2,205](/filings/0000079879-25-000133.md) | [2,450](/filings/0000079879-25-000223.md) | [2,381](/filings/0000079879-25-000311.md) | [2,216 d](/filings/0000079879-26-000046.md) | [2,142](/filings/0000079879-26-000170.md) | [2,432](/filings/0000079879-25-000223.md) | [2,426](/filings/0000079879-25-000311.md) | [2,316 d](/filings/0000079879-26-000046.md) | [2,275](/filings/0000079879-26-000170.md) |
| Selling, general and administrative | $m | [1,069](/filings/0000079879-24-000167.md) | [1,047](/filings/0000079879-24-000217.md) | [293 d](/filings/0000079879-26-000046.md) | [850](/filings/0000079879-25-000133.md) | [858](/filings/0000079879-25-000223.md) | [848](/filings/0000079879-25-000311.md) | [835 d](/filings/0000079879-26-000046.md) | [838](/filings/0000079879-26-000170.md) | [872](/filings/0000079879-25-000223.md) | [824](/filings/0000079879-25-000311.md) | [905 d](/filings/0000079879-26-000046.md) | [885](/filings/0000079879-26-000170.md) |
| Operating income | $m | [787](/filings/0000079879-24-000167.md) | [698](/filings/0000079879-24-000217.md) | [555 d](/filings/0000079879-24-000040.md) | [666](/filings/0000079879-25-000133.md) | [796](/filings/0000079879-25-000223.md) | [689](/filings/0000079879-25-000311.md) | not reported | [607](/filings/0000079879-26-000170.md) | [743](/filings/0000079879-25-000223.md) | [689](/filings/0000079879-25-000311.md) | not reported | [636](/filings/0000079879-26-000170.md) |
| Interest expense | $m | [67.0](/filings/0000079879-24-000167.md) | [64.0](/filings/0000079879-24-000217.md) | [57.0 d](/filings/0000079879-24-000040.md) | [55.0](/filings/0000079879-25-000133.md) | [62.0](/filings/0000079879-25-000223.md) | [67.0](/filings/0000079879-25-000311.md) | [57.0 d](/filings/0000079879-26-000046.md) | [56.0](/filings/0000079879-26-000170.md) | [62.0](/filings/0000079879-25-000223.md) | [65.0](/filings/0000079879-25-000311.md) | [58.0 d](/filings/0000079879-26-000046.md) | [61.0](/filings/0000079879-26-000170.md) |
| Income tax | $m | [149](/filings/0000079879-24-000167.md) | [121](/filings/0000079879-24-000217.md) | [78.0 d](/filings/0000079879-26-000046.md) | [128](/filings/0000079879-25-000133.md) | [149](/filings/0000079879-25-000223.md) | [128](/filings/0000079879-25-000311.md) | [70.0 d](/filings/0000079879-26-000046.md) | [122](/filings/0000079879-26-000170.md) | [140](/filings/0000079879-25-000223.md) | [118](/filings/0000079879-25-000311.md) | [78.0 d](/filings/0000079879-26-000046.md) | [132](/filings/0000079879-26-000170.md) |
| Net income | $m | [490](/filings/0000079879-24-000167.md) | [426](/filings/0000079879-24-000217.md) | [90.0 d](/filings/0000079879-26-000046.md) | [400](/filings/0000079879-25-000133.md) | [528](/filings/0000079879-25-000223.md) | [468](/filings/0000079879-25-000311.md) | [(280) d](/filings/0000079879-26-000046.md) | [373](/filings/0000079879-26-000170.md) | [450](/filings/0000079879-25-000223.md) | [453](/filings/0000079879-25-000311.md) | [300 d](/filings/0000079879-26-000046.md) | [382](/filings/0000079879-26-000170.md) |
| Diluted EPS | $ per share | [2.06](/filings/0000079879-24-000167.md) | [1.79](/filings/0000079879-24-000217.md) | not reported | [1.69](/filings/0000079879-25-000133.md) | [2.24](/filings/0000079879-25-000223.md) | [2.00](/filings/0000079879-25-000311.md) | not reported | [1.63](/filings/0000079879-26-000170.md) | [1.98](/filings/0000079879-25-000223.md) | [2.00](/filings/0000079879-25-000311.md) | not reported | [1.70](/filings/0000079879-26-000170.md) |
| Basic EPS | $ per share | [2.08](/filings/0000079879-24-000167.md) | [1.80](/filings/0000079879-24-000217.md) | not reported | [1.70](/filings/0000079879-25-000133.md) | [2.25](/filings/0000079879-25-000223.md) | [2.01](/filings/0000079879-25-000311.md) | not reported | [1.63](/filings/0000079879-26-000170.md) | [1.98](/filings/0000079879-25-000223.md) | [2.01](/filings/0000079879-25-000311.md) | not reported | [1.71](/filings/0000079879-26-000170.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q1 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $bn | [1.2](/filings/0000079879-23-000045.md) | [1.2](/filings/0000079879-23-000065.md) | [1.5](/filings/0000079879-25-000034.md) | [1.2](/filings/0000079879-24-000107.md) | [1.1](/filings/0000079879-24-000167.md) | [1.3](/filings/0000079879-24-000217.md) | [1.3](/filings/0000079879-26-000046.md) | [1.8](/filings/0000079879-25-000133.md) | [1.6](/filings/0000079879-25-000223.md) | [1.8](/filings/0000079879-25-000311.md) | [2.2](/filings/0000079879-26-000170.md) | [1.6](/filings/0000079879-26-000170.md) |
| Current assets | $bn | [8.1](/filings/0000079879-23-000045.md) | [7.6](/filings/0000079879-23-000065.md) | [7.4](/filings/0000079879-25-000034.md) | [7.7](/filings/0000079879-24-000107.md) | [7.8](/filings/0000079879-24-000167.md) | [7.9](/filings/0000079879-24-000217.md) | [6.6](/filings/0000079879-26-000046.md) | [7.9](/filings/0000079879-25-000133.md) | [8.2](/filings/0000079879-25-000223.md) | [8.2](/filings/0000079879-25-000311.md) | [8.0](/filings/0000079879-26-000170.md) | [8.0](/filings/0000079879-26-000170.md) |
| Total assets | $bn | [22.2](/filings/0000079879-23-000045.md) | [21.5](/filings/0000079879-23-000065.md) | [21.6](/filings/0000079879-26-000046.md) | [21.9](/filings/0000079879-25-000133.md) | [21.7](/filings/0000079879-25-000223.md) | [21.9](/filings/0000079879-25-000311.md) | [19.4](/filings/0000079879-26-000046.md) | [21.1](/filings/0000079879-26-000170.md) | [22.1](/filings/0000079879-25-000223.md) | [22.1](/filings/0000079879-25-000311.md) | [22.1](/filings/0000079879-26-000170.md) | [22.2](/filings/0000079879-26-000170.md) |
| Current liabilities | $bn | [5.4](/filings/0000079879-23-000045.md) | [5.1](/filings/0000079879-23-000065.md) | [5.1](/filings/0000079879-25-000034.md) | [4.9](/filings/0000079879-24-000107.md) | [5.2](/filings/0000079879-24-000167.md) | [5.0](/filings/0000079879-24-000217.md) | [5.0](/filings/0000079879-26-000046.md) | [5.8](/filings/0000079879-25-000133.md) | [5.8](/filings/0000079879-25-000223.md) | [5.6](/filings/0000079879-25-000311.md) | [4.9](/filings/0000079879-26-000170.md) | [5.0](/filings/0000079879-26-000170.md) |
| Total liabilities | $bn | [14.4](/filings/0000079879-23-000045.md) | [13.6](/filings/0000079879-23-000065.md) | [13.6](/filings/0000079879-25-000034.md) | [13.7](/filings/0000079879-24-000107.md) | [13.8](/filings/0000079879-24-000167.md) | [13.9](/filings/0000079879-24-000217.md) | [12.5](/filings/0000079879-26-000046.md) | [14.0](/filings/0000079879-25-000133.md) | [14.4](/filings/0000079879-25-000223.md) | [14.2](/filings/0000079879-25-000311.md) | [14.0](/filings/0000079879-26-000170.md) | [13.9](/filings/0000079879-26-000170.md) |
| Long-term debt | $bn | [6.1](/filings/0000079879-23-000045.md) | [5.6](/filings/0000079879-23-000065.md) | [5.7](/filings/0000079879-25-000034.md) | [5.9](/filings/0000079879-24-000107.md) | [5.8](/filings/0000079879-24-000167.md) | [6.1](/filings/0000079879-24-000217.md) | [4.9](/filings/0000079879-26-000046.md) | [5.6](/filings/0000079879-25-000133.md) | [5.9](/filings/0000079879-25-000223.md) | [5.9](/filings/0000079879-25-000311.md) | [6.6](/filings/0000079879-26-000170.md) | [6.4](/filings/0000079879-26-000170.md) |
| Current portion of debt | $bn | [0.8](/filings/0000079879-23-000045.md) | [0.6](/filings/0000079879-23-000065.md) | [0.3](/filings/0000079879-25-000034.md) | [0.3](/filings/0000079879-24-000107.md) | [0.6](/filings/0000079879-24-000167.md) | [0.3](/filings/0000079879-24-000217.md) | [0.9](/filings/0000079879-26-000046.md) | [1.7](/filings/0000079879-25-000133.md) | [1.4](/filings/0000079879-25-000223.md) | [1.4](/filings/0000079879-25-000311.md) | [0.7](/filings/0000079879-26-000046.md) | [0.7](/filings/0000079879-26-000170.md) |
| Short-term borrowings | $bn | [0.0](/filings/0000079879-23-000045.md) | [0.0](/filings/0000079879-23-000065.md) | [0.0](/filings/0000079879-25-000034.md) | [0.0](/filings/0000079879-24-000107.md) | [0.0](/filings/0000079879-24-000167.md) | [0.0](/filings/0000079879-24-000217.md) | [0.0](/filings/0000079879-26-000046.md) | [0.0](/filings/0000079879-25-000133.md) | [0.0](/filings/0000079879-25-000223.md) | [0.0](/filings/0000079879-25-000311.md) | [0.0](/filings/0000079879-26-000170.md) | [0.0](/filings/0000079879-26-000170.md) |
| Shareholders' equity | $bn | [7.6](/filings/0000079879-23-000045.md) | [7.8](/filings/0000079879-23-000065.md) | [7.8](/filings/0000079879-25-000034.md) | [7.9](/filings/0000079879-24-000107.md) | [7.8](/filings/0000079879-24-000167.md) | [7.8](/filings/0000079879-24-000217.md) | [6.8](/filings/0000079879-26-000046.md) | [6.9](/filings/0000079879-25-000133.md) | [7.6](/filings/0000079879-25-000223.md) | [7.8](/filings/0000079879-25-000311.md) | [7.9](/filings/0000079879-26-000170.md) | [8.1](/filings/0000079879-26-000170.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:DebtCurrent, us-gaap:LongTermDebtCurrent
- Short-term borrowings: us-gaap:ShortTermBorrowings
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [536 d](/filings/0000079879-24-000167.md) | [892 d](/filings/0000079879-24-000217.md) | [898 d](/filings/0000079879-26-000046.md) | [(60.0)](/filings/0000079879-25-000133.md) | [365 d](/filings/0000079879-25-000223.md) | [769 d](/filings/0000079879-25-000311.md) | [346 d](/filings/0000079879-26-000046.md) | [(18.0)](/filings/0000079879-26-000170.md) | [387 d](/filings/0000079879-25-000223.md) | [685 d](/filings/0000079879-25-000311.md) | [887 d](/filings/0000079879-26-000046.md) | [33.0](/filings/0000079879-26-000170.md) |
| Capital expenditure | $m | [122 d](/filings/0000079879-24-000167.md) | [139 d](/filings/0000079879-24-000217.md) | [135 d](/filings/0000079879-26-000046.md) | [252](/filings/0000079879-25-000133.md) | [115 d](/filings/0000079879-25-000223.md) | [146 d](/filings/0000079879-25-000311.md) | [208 d](/filings/0000079879-26-000046.md) | [209](/filings/0000079879-26-000170.md) | [121 d](/filings/0000079879-25-000223.md) | [147 d](/filings/0000079879-25-000311.md) | [301 d](/filings/0000079879-26-000046.md) | [196](/filings/0000079879-26-000170.md) |
| Dividends paid | $m | [146 d](/filings/0000079879-24-000167.md) | [153 d](/filings/0000079879-24-000217.md) | [153 d](/filings/0000079879-26-000046.md) | [153](/filings/0000079879-25-000133.md) | [152 d](/filings/0000079879-25-000223.md) | [159 d](/filings/0000079879-25-000311.md) | [158 d](/filings/0000079879-26-000046.md) | [154](/filings/0000079879-26-000170.md) | [154 d](/filings/0000079879-25-000223.md) | [160 d](/filings/0000079879-25-000311.md) | [160 d](/filings/0000079879-26-000046.md) | [159](/filings/0000079879-26-000170.md) |
| Share repurchases | $m | [0.0 d](/filings/0000079879-23-000045.md) | [0.0 d](/filings/0000079879-23-000065.md) | [86.0 d](/filings/0000079879-26-000046.md) | [149](/filings/0000079879-25-000133.md) | [163 d](/filings/0000079879-25-000223.md) | [199 d](/filings/0000079879-25-000311.md) | [241 d](/filings/0000079879-26-000046.md) | [394](/filings/0000079879-26-000170.md) | [146 d](/filings/0000079879-25-000223.md) | [147 d](/filings/0000079879-25-000311.md) | [103 d](/filings/0000079879-26-000046.md) | [96.0](/filings/0000079879-26-000170.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock, us-gaap:PaymentsOfDividends
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q2 FY2022 (2022-06-30) | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q1 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [238](/filings/0000079879-23-000045.md) | [237](/filings/0000079879-23-000065.md) | [237](/filings/0000079879-24-000107.md) | [237](/filings/0000079879-24-000167.md) | [238](/filings/0000079879-24-000217.md) | [237](/filings/0000079879-25-000133.md) | [236](/filings/0000079879-25-000223.md) | [234](/filings/0000079879-25-000311.md) | [229](/filings/0000079879-26-000170.md) | [228](/filings/0000079879-25-000223.md) | [227](/filings/0000079879-25-000311.md) | [224](/filings/0000079879-26-000170.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 222,900,000 at 2026-03-31, from the cover of the [10-Q filed 2026-04-29](/filings/0000079879-26-000170.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:20 ET. No prices; not investment advice.