Inferra AI / Company / PPG

PPG Industries

PPG · Materials

Last earnings Oct 27, 2026

Key results

Net revenuequarter

$4.1 billion

com PPG reports third quarter 2025 financial results Net sales of $4.1 billion, an increase of 1% versus prior year Organic sales increased 2% year over year due to higher sales volumes and prices Record third quarter reported earnings per diluted share (EPS) of $1.96 and adjusted EPS of $2.13, an increase of 5% year over year Segment margin of 17% and segment EBITDA margin of 20% Share repurchases in the quarter totaled about $150 million and $690 million year to date PITTSBURGH, Oct.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Organic revenuequarter

1%

com PPG reports third quarter 2025 financial results Net sales of $4.1 billion, an increase of 1% versus prior year Organic sales increased 2% year over year due to higher sales volumes and prices Record third quarter reported earnings per diluted share (EPS) of $1.96 and adjusted EPS of $2.13, an increase of 5% year over year Segment margin of 17% and segment EBITDA margin of 20% Share repurchases in the quarter totaled about $150 million and $690 million year to date PITTSBURGH, Oct.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Net incomequarter

$444

Third Quarter 2025 Consolidated Results $ in millions, except EPS 3Q 2025 3Q 2024 YOY change Net sales $4,082 $4,032 +1% Net income (a) $444 $444 % Adjusted net income (a)(b) $481 $475 +1% EPS (a) $1.96 $1.90 +3% Adjusted EPS (a)(b)(c) $2.13 $2.03 +5% (a) From continuing operations (b) Reconciliations of reported to adjusted figures are included below (c) Includes an unfavorable year-over-year business divestitures impact of $0.05 Chairman and CEO Comments Tim Knavish, PPG chairman and chief executive officer, commented on the quarter PPG delivered an organic sales increase of 2%, including our third consecutive quarter of sales volume growth in a challenging macro environment.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Adjusted net incomequarter

$481

Third Quarter 2025 Consolidated Results $ in millions, except EPS 3Q 2025 3Q 2024 YOY change Net sales $4,082 $4,032 +1% Net income (a) $444 $444 % Adjusted net income (a)(b) $481 $475 +1% EPS (a) $1.96 $1.90 +3% Adjusted EPS (a)(b)(c) $2.13 $2.03 +5% (a) From continuing operations (b) Reconciliations of reported to adjusted figures are included below (c) Includes an unfavorable year-over-year business divestitures impact of $0.05 Chairman and CEO Comments Tim Knavish, PPG chairman and chief executive officer, commented on the quarter PPG delivered an organic sales increase of 2%, including our third consecutive quarter of sales volume growth in a challenging macro environment.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

EPSquarter

5%

Solid sales improvement, combined with our aggressive cost management, drove an adjusted earnings per share increase of 5% year over year, establishing a third quarter record of $2.13.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Revenuequarter

2%

Third Quarter 2025 Reportable Segment Financial Results Global Architectural Coatings Segment $ in millions 3Q 2025 3Q 2024 YOY change Net sales $1,012 $1,004 +1% Sales volumes (2)% Selling prices +2% Foreign currency translation +4% Divestitures and other (3)% Segment income $184 $183 +1% Segment income % 18.2% 18.2% Segment EBITDA (a) $213 $209 +2% Segment EBITDA % 21.0% 20.8% (a) Reconciliations of reported to adjusted figures are included below Global Architectural Coatings segment net sales increased compared to the third quarter 2024 driven by higher selling prices and a benefit from foreign currency translation.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Performance Coatings Segment $ in millions 3Q 2025 3Q 2024 YOY change Net sales $1,414 $1,373 +3% Sales volumes (2)% Selling prices +4% Foreign currency translation +1% Segment income $272 $306 (11)% Segment income % 19.2% 22.3% Segment EBITDA (a) $307 $337 (9)% Segment EBITDA % 21.7% 24.5% (a) Reconciliations of reported to adjusted figures are included below Performance Coatings segment net sales increased 3% driven by higher selling prices and a foreign currency translation benefit partially offset by lower sales volumes.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Industrial Coatings Segment $ in millions 3Q 2025 3Q 2024 YOY change Net sales $1,656 $1,655 % Sales volumes +4% Selling prices (1)% Foreign currency translation +1% Divestitures and other (4)% Segment income $233 $200 +17% Segment income % 14.1% 12.1% Segment EBITDA (b) $281 $252 +12% Segment EBITDA % 17.0% 15.2% (a) Reconciliations of reported to adjusted figures are included below Industrial Coatings segment net sales were flat compared to the third quarter 2024.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

AI analysis

Q3 2025 · reported Oct 28, 2025

Based on: Earnings release + parent 8-K — transcript not held

Net revenue · Q3 2025
$4.1B
EX-99 · Oct 28, 2025
Net income · Q3 2025
$444M
EX-99 · Oct 28, 2025
Adjusted net income · Q3 2025
$481M
EX-99 · Oct 28, 2025

Headline figures

MetricQ3 2025Prior qtrYear ago
Net revenue$4.1 billion——
Organic revenue1%——
Net income$444M——
Adjusted net income$481M——
EPS5%——
Revenue2%——

EX-99 · Oct 28, 2025

Guidance · company-stated

Direction: raised

No guidance located in the held release

Outlook statement

“com PPG reports record third quarter 2026 EPS and raises midpoint of full-year EPS guidance Net sales of $4.”

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Net revenue$4.1B
Organic revenue1%
Dividend$150M

com PPG reports third quarter 2025 financial results Net sales of $4.1 billion, an increase of 1% versus prior year Organic sales increased 2% year over year due to higher sales volumes and prices Record third quarter reported earnings per diluted share (EPS) of $1.96 and adjusted EPS of $2.13, an increase of 5% year over year Segment margin of 17% and segment EBITDA margin of 20% Share repurchases in the quarter totaled about $150 million and $690 million year to date PITTSBURGH, Oct.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Solid sales improvement, combined with our aggressive cost management, drove an adjusted earnings per share increase of 5% year over year, establishing a third quarter record of $2.13

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

com PPG reports third quarter 2025 financial results Net sales of $4.1 billion, an increase of 1% versus prior year Organic sales increased 2% year over year due to higher sales volumes and prices Record third quarter reported earnings per diluted share (EPS) of $1.96 and adjusted EPS of $2.13, an increase of 5% year over year Segment margin of 17% and segment EBITDA margin of 20% Share repurchases in the quarter totaled about $150 million and $690 million year to date PITTSBURGH, Oct.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

We remain committed to rewarding our shareholders as we have deployed $1.2 billion toward share repurchases and dividends year to date, including approximately $150 million in share repurchases and $160 million in dividends during the third quarter.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Net debt was $5.4 billion, an increase of $228 million from the third quarter 2024.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

The company has a 600 million debt maturity due in the fourth quarter 2025.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Strategy & priorities

As we execute our operational excellence strategy, we have made significant progress through our self-help actions and remain on pace to deliver about $75 million of restructuring savings for the year, which is incremental to other discretionary cost management savings.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

The focus we have put on operational excellence, investing in innovation, and driving share gains, along with our heritage of cash generation, supports our strategy to deliver sustainable top-line and bottom-line growth.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Risks & headwinds

Through dedication and creativity, we solve our customers biggest challenges, collaborating closely to find the right path forward.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

These matters within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, involve risks and uncertainties that may affect PPG s operations, as discussed in the company s filings with the Securities and Exchange Commission pursuant to Sections 13(a), 13(c) or 15(d) of the Exchange Act, and the rules and regulations promulgated thereunder.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Consequently, while the list of factors presented here and in our 2024 Annual Report on Form 10-K are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties.

SEC original ↗PPG Industries — Earnings release (8-K exhibit)EX-99Oct 28, 2025

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Documents

Filings

26 documents

Earnings releases

14 documents

Presentations

0 documents

No presentations for PPG Industries are held in this edition of the library.

Transcripts

0 documents

No transcripts for PPG Industries are held in this edition of the library.

Mentioned by

6 companies

Other tracked companies whose held documents mention PPG Industries by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.