Financials in USD. Standardized financial statements.
A compact view of how PPG Industries, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $15.88B | $15.85B | $16.24B | $15.61B | $16.80B | $13.83B | $15.15B | $15.37B | $14.75B | $14.27B |
| Revenue Growth? | +0.2% | -2.4% | +4.0% | -7.1% | +21.5% | -8.7% | -1.5% | +4.2% | +3.3% | 0.0% |
| Cost of Revenue? | $9.84B | $9.25B | $9.68B | $9.97B | $10.29B | $7.78B | $8.65B | $9.00B | $8.21B | $7.67B |
| Gross Profit? | $6.03B | $6.59B | $6.56B | $5.64B | $6.52B | $6.06B | $6.49B | $6.37B | $6.54B | $6.61B |
| Gross Margin? | +38.0% | +41.6% | +40.4% | +36.1% | +38.8% | +43.8% | +42.9% | +41.5% | +44.3% | +46.3% |
| Operating Expenses? | $3.86B | $4.31B | $4.53B | $3.97B | $4.83B | $4.28B | $4.55B | $4.51B | $4.53B | $5.42B |
| Operating Income? | $2.17B | $2.29B | $2.04B | $1.67B | $1.69B | $1.78B | $1.95B | $1.86B | $2.01B | $1.19B |
| EBITDA? | $2.81B | $2.58B | $2.45B | $2.02B | $2.50B | $2.01B | $2.30B | $2.31B | $2.57B | $1.34B |
| Income Before Tax | $2.04B | $1.85B | $1.69B | $1.35B | $1.81B | $1.36B | $1.66B | $1.69B | $2.00B | $779.00M |
| Income Tax Expense | $458.00M | $475.00M | $428.00M | $320.00M | $374.00M | $291.00M | $392.00M | $353.00M | $615.00M | $214.00M |
| Net Income? | $1.58B | $1.12B | $1.27B | $1.03B | $1.44B | $1.06B | $1.24B | $1.34B | $1.59B | $873.00M |
| EPS? | $6.96 | $4.77 | $5.38 | $4.35 | $6.06 | $4.47 | $5.25 | $5.50 | $6.22 | $3.30 |
| Diluted EPS? | $6.92 | $4.75 | $5.35 | $4.32 | $6.01 | $4.45 | $5.22 | $5.46 | $6.18 | $3.28 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality